Warehouse Robotics Market Size Worth $27.65 Billion By 2032 | CAGR: 19.80%

The global warehouse robotics market size is expected to reach USD 27.65 billion by 2032, according to a new study by Polaris Market Research. The report “Warehouse Robotics Market Share, Size, Trends, Industry Analysis Report, By Type (Automated Guided Vehicle, Autonomous Mobile Robots, Articulated Robots, Collaborative Robots, Cylindrical Robots, Others); By Function; By Payload Capacity; By End-Use; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Warehouse robots are self-reliant or partially self-reliant devices designed to facilitate material handling and various operations in order to optimize warehouse processes.

The incorporation of robotic systems has brought about a significant transformation in warehouse operations. These sophisticated systems rely on computer technology, onboard sensors, magnetic strips, infrared cameras, and detailed maps to efficiently navigate, sidestep obstacles, and transport inventory. By assuming responsibility for monotonous tasks, these robots alleviate the burden on human workers and maintain their performance without succumbing to fatigue or wear and tear. In today's landscape, warehouse robotics have become essential in various industries, including automotive, food and beverage, retail, and pharmaceuticals.

Warehouse robotics embodies a computer-guided methodology used to enhance the efficient handling of material transportation while streamlining and automating a multitude of warehouse tasks. This cutting-edge system depends on specialized machinery and software solutions for functions like retrieving and positioning items, packing, transporting materials, and packaging, all accomplished with exceptional precision.

COVID-19 has significantly impacted the warehouse robotics market, driving increased demand for automation and contactless operations. Companies are investing more in warehouse robotics such as autonomous robots and automated guided vehicles (AGVs) to enhance their supply chain resilience and productivity. The pandemic has accelerated the adoption of warehouse robotics, driving innovation and expansion in the sector.

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Warehouse Robotics Market Report Highlights

• The Automated Segment accounted for the largest revenue share in the Warehouse Robotics Market. Warehouse roots serve as the main infrastructure for the efficient movement of goods within warehouses and storage facilities using mobile automated guided vehicles (AGVs). These robotic systems are tasked with the responsibility of transporting items along predefined paths, streamlining the processes of storage and shipment.
• The Storage Segment accounted for the largest revenue share in the Warehouse Robotics Market. Efficient storage solutions are a crucial element of modern warehouse automation. The utilization of automated storage systems, commonly found in contemporary warehouses, elevates operational efficiency by offering enhanced inventory management, control, and tracking features to users. Additionally, these solutions promote a safer work environment, leading to a reduction in labor costs and the size of the necessary workforce.
• Asia-Pacific dominated the largest market over the forecast period, with rising investments in the sector, the manufacturing industry is confident to secure a significant market share and become a significant player in the region. Businesses in China had previously extended these robots in their warehouses and experienced positive outcomes during times of crisis.
• North America region accounted for the fastest growth in the Warehouse Robotics Market. The increasing adoption of robots in North American warehouses and distribution centers can be attributed to the growth of e-commerce, along with technological advancements that have improved the capabilities of robots. The rising cost of labor and shortages in certain industries have also contributed to the trend of using robots, which has helped reduce costs for businesses.
• The global key market players include ABB Limited, Fanuc Corporation, Fetch Robotics, Geek+ Inc., Honeywell International Inc., InVia Robotics Inc., KION Group AG, Mobile Industrial Robots, Murata Machinery, Ltd., Omron Adept Technologies, Singapore Technologies Engineering Ltd., Swisslog Holding AG, TGW Logistics Group GmbH, Toshiba Corporation, and Yaskawa Electric Corporation.

Polaris Market Research has segmented the warehouse robotics market report based on type, function, payload capacity, end-use, and region:

Warehouse Robotics, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Automated Guided Vehicle
• Autonomous Mobile Robot (AMR)
• Articulated Robots
• Collaborative Robots
• Cylindrical Robots
• Others

Warehouse Robotics, Function Outlook (Revenue - USD Billion, 2019 - 2032)

• Palletizing and De-Palletizing
• Storage
• Picking and Placing
• Transportation
• Sorting and Packaging

Warehouse Robotics, Payload Capacity Outlook (Revenue - USD Billion, 2019 - 2032)

• <10 kg
• 11 kg to 80 kg
• 81 kg to 400 kg
• 401 kg to 900 kg
• > 900 kg

Warehouse Robotics, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

• Food & Beverage
• E-Commerce
• Pharmaceutical
• Electrical & Electronics
• Metal & Machinery
• Automotive
• Others

Warehouse Robotics, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Warehouse Robotics Market Report Scope