Warehouse Robotics Market Size, Share, Trends, Growth and Forecast 2032

The global Warehouse Robotics market, size was worth around USD 6.23 Billion in 2023 and is predicted to grow to around USD 18.49 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 12.84% between 2024 and 2032.

The report offers valuation and analysis of the Warehouse Robotics market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2018 to 2022 along with a forecast from 2023 to 2032 based on value (USD Billion).

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Warehouse Robotics Market: Overview

Warehouse robotics is referred to as the utilization of mechanized systems, robots, and special software for transporting materials & logistics along with performing myriad jobs & automating warehouse methods. With surge in the requirement of new technologies in warehouse it is necessary to use self-driven robots. The ability of warehouse robotics for enhancing operational efficiency, rise in the material handling output, and increase in consumer satisfaction will result in the expansion of warehouse robotics industry over the assessment period.

Warehouse Robotics Market: Definition/ Overview

Warehouse robotics is a game-changing innovation in logistics and supply chain management transforming how warehouses function. Warehouse robotics is defined as the use of automated systems and robotic technology to fulfill jobs that were previously performed by human workers in warehouses and distribution facilities. These robotic technologies are intended to improve efficiency, precision, and production while lowering operational costs and minimizing the risks associated with manual labor. Warehouse robots covers a wide range of applications that streamline warehouse operations and boost company success including picking, packing, sorting, and shipping.

The primary uses of warehouse robotics are goods-to-person picking systems. Traditionally, warehouse personnel would go through the aisles of a warehouse to find and acquire items for order fulfilment. However, with goods-to-person picking systems, robots roam the warehouse floor independently, transporting storage units (such as bins or shelves) containing things to designated picking stations where human operators may quickly fulfill orders. This collaborative approach speeds the picking process decreases workers walking time, and improves order correctness and throughput.

Warehouse robots has the potential to transform logistics and supply chain operations across a wide range of industries. From order fulfillment and inventory management to worker safety and future fulfillment models, warehouse robotics has the potential to create unparalleled levels of efficiency, productivity, and scalability. Companies that embrace robotics can open up new potential for growth, competitiveness, and consumer satisfaction in an increasingly digitized and automated environment.

Warehouse Robotics Market: Growth Drivers

Thriving eCommerce Sector and escalating requirement of proficient warehousing & inventory management is anticipated to steer the expansion of warehouse robotics industry over the forecast timeline. Furthermore, automation in warehouses provides convenience to the owner as it reduces overhaul costs as well as reduces errors during product delivery. Substantial technological breakthroughs in the form of sensor techniques will facilitate accurate object perception & perfect positioning tool, thereby creating new growth avenues for warehouse robotics industry in the ensuing years.  With outbreak of COVID epidemic, robots are expected to play a key role in warehouse operations and this will further prompt the business scope in the years to come.

Furthermore, surge in the number of warehouses along with large-scale allocation of funds for warehouse automation will proliferate the expansion of warehouse robotics industry over the assessment period. Apart from this, a massive surge in the labor charges and easy availability of scalable tech solutions will proliferate the expansion of warehouse robotic industry over the ensuing years. Additionally, escalating awareness pertaining to product safety and high product quality output will pave a way for expansion of warehouse robotics industry over the assessment period. With integration of big data, IoT, AI, and machine learning tools in the warehouse sector, the market for warehouse robotics is anticipated to gain traction over the forthcoming years. Thriving retail industry will further contribute towards the expansion of warehouse robotics market over the years ahead. Moreover, use of robots for lifting huge loads along with need for proficiently placing, transporting, palletizing, and packing goods will culminate into huge business expansion over the years ahead. Many of the firms such as Amazon have deployed robots in their warehouses in the last few years. Such moves will further proliferate the industry size within the next couple of years.

Warehouse Robotics Market: Report Scope

North American Market To Expand By Leaps & Bounds Over 2019-2025

The acceleration in the growth of warehouse robotics industry in the sub-continent over the forecast timeline is credited to rapid use of novel techniques in the warehouses by many giant firms in the U.S. Apart from this, onset of IIoT and connected system networking solutions in the firms across Canada and the U.S. will revolutionize the warehouse robotics industry in North America over the assessment period.  With the view of resolving the issues of long-term labor shortages in the U.S., firms in the country are deploying robots in their warehouses to carry out the packaging, transport, and palletizing activities, thereby further accentuating the size of warehouse robotics market in North America over the ensuing years.

Key participants profiled in the study include:

• Yaskawa Electric Corporations
• Kuka AG
• Daifuku Co., Ltd.
• ABB
• OMRON Corporation
• Honeywell Integrated
• Dematic
• Fetch Robotics, Inc.
• Bastian Solutions, Inc.
• KNAPP AG
• Fanuc Corp.

The global warehouse robotics market is segmented as follows:

By Type

• Mobile Robots
• Articulated Robots
• Cylindrical Robots
• SCARA Robots
• Parallel Robots
• Cartesian Robots

By Software

• Warehouse Management System
• Warehouse Control System
• Warehouse Execution System

By Function

• Pick and Place
• Palletizing and Depalletizing
• Transportation
• Packaging

By Payload Capacity

• 0.5 kg to 10 kg
• 11 kg to 80 kg
• 81 kg to 180 kg
• 181 kg to 300 kg
• 301 kg to 900 kg
• More Than 900 kg

By Industry

• E-Commerce
• Automotive
• Electrical and Electronics
• Metal and Machinery
• Chemical, Rubber, and Plastic
• Food and Beverages
• Pharmaceuticals
• Others (Paper & Printing And Textile & Clothing)

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa