24-Feb-2021 | Zion Market Research
As per Zion Market Research, the global warehouse robotics market is predicted to be capitalized at USD 5.9 billion by 2025, developing at a CAGR of almost 12%. The development of this market is powered by the increasing e-commerce sector, requirement for improved reliability and quality in warehouse processes, active financial support for startup robotics firms from venture capitalist, and rising acceptance of warehouse robotics by different enterprises.
The major market companies such as Kuka AG and Fanuc Corp. are aiming on tactics such as new expansions, product launches, collaborations, and contracts to expand their business and improve their product offerings.
Mobile Robots Segment Had The Biggest Share Of The Global Warehouse Robotics Market
Mobile robots segment had the biggest share of the global warehouse robotics market and is predicted to develop at a high rate in the years to come. Mobile robots are broadly employed by top e-commerce firms and are also being implemented gradually in warehouses managed by manufacturing firms. The mobile robot adapts to alterations in product velocities and types, order shipment accuracy, and order prioritization. One more major benefit of the mobile robot is a quicker ROI (return on investment), as mobile robots are simpler to install and affordable to process.
North America Is Predicted To Have The Biggest Share Of The Warehouse Robotics Market In The Years To Come
North America is predicted to have the biggest share of the warehouse robotics market in the years to come. The companies in North America are stressing on modernizing their facilities and plants with enhanced techs. In addition to this, the higher adoption of warehouse automation techs, stress on employee safety, and significant number of established firms are powering the requirement for the North American warehouse robotics market. Asia-Pacific is predicted to be the quickest-developing area in the warehouse robotics market in the years to come. The nations such as Japan and China have the biggest base for automotive manufacturing. The rise in production plants, increasing domestic requirement for goods, improved efficiency, and continuous upgradation of warehouses are the major factors for the development of warehouse robotics market in Asia Pacific.
Browse the full “Warehouse Robotics Market - By Type (Articulated, Mobile, SCARA, Cylindrical, Cartesian, And Parallel), By Software ( Warehouse Management System, Warehouse Control System, And Warehouse Execution System), By Function (Palletizing & Depalletizing, Pick & Place, Packaging, And Transportation), By Payload Capacity (0.5 Kg To 10 Kg, 11 Kg To 80 Kg, 81 Kg To 180 Kg, 181 Kg To 300 Kg, 301kg To 900 Kg, And More Than 900 Kg ), By Industry (E-Commerce, Automotive, Electrical & Electronics, Metal & Machinery, Chemical, Rubber, Plastic, Food & Beverages, Pharmaceuticals, And Others), And Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/warehouse-robotics-industry
The global warehouse robotics market is segmented as follows:
By Payload Capacity
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