US$4.1 billion additional growth expected in warehouse robotics market, driven by demand for efficiency in distribution channels - Technavio

US$4.1 billion additional growth expected in warehouse robotics market, driven by demand for efficiency in distribution channels – Technavio

New YorkAnd the October 3, 2022 /PRNewswire/ – file Global warehouse robotics market It will witness significant growth in the coming years. One of the major factors affecting market growth will be the increased demand for efficiency in distribution channels. Consumers nowadays are looking for e-commerce players who can quickly deliver products to their doorstep. In order to meet the growing demands of consumers, retailers, e-commerce companies and manufacturers, they focus on improving their delivery efficiencies without increasing operational costs. This increases the adoption of robots in warehouses to improve customer service and speed of delivery. All these factors are influencing the growth of the global Warehouse Robots market.

Technavio announced its latest market research report titled Global Warehouse Robotics Market 2022-2026

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Technavio estimates the size of the market it will grow in 4.1 billion US dollarsat a compound annual growth rate of 13.31% between 2021 and 2026. In addition to the increasing demand for efficiency in distribution channels, the market growth will also be affected by trends such as increasing adoption of Industrial Internet of Things (IIoT) technology in robotics.

End users are integrating their warehouse bots with smart sensors and communication devices, also known as IoT devices, to collect data. These devices collect a large amount of data from the production system allowing operators to analyze manufacturing productivity and speed. This helps increase asset reliability and improve cost efficiency. These devices also help engineers and operators identify poorly performing components that are likely to fail in the near future. This allows them to perform early predictive maintenance or component replacement, thus reducing in-process breakdowns and production downtime and increasing the quality of output. This trend will have an accelerating impact on the growth of the global warehouse robots market during the forecast period.

Company Profile

The Warehouse Robots Market report provides complete insights into the major vendors including ABB Ltd. and Daifuku Co. Ltd. and FANUC Corp. and Fritz SCHAFER GmbH, Co KG, and Geekplus Technology Co. Ltd and Hangzhou Hikvision Digital Technology Co. Ltd. and IAM Robotics, inVia Robotics Inc, John Bean Technologies Corp., KION GROUP AG, KNAPP AGAnd the KUKA AGand Locus Robotics Corp. and Magazino GmbH and Murata Machinery Ltd. and OMRON Corp. and Teradyne Inc. and Toyota Industries Corp. and Vecna ​​Robotics Inc. and Yaskawa Electric Corp.

Seller view:

The global warehouse robotics market is fragmented. The market is characterized by the presence of many sellers of different sizes. The major players hold a large share of the market. These players are backed by huge financial resources and technical knowledge. They are constantly investing in their research and development capabilities to deliver technologically advanced warehouse robots with increased efficiency and capabilities. The market also includes many startups and a number of new startups entering the market every year. These smaller vendors generally focus on very specific niche segments, such as providing solutions only to restaurants or retailers. Big companies offer warehouse robots that are relatively more advanced and cater to different companies by offering other value-added services.

The report includes competitive analysis, which analyzes and evaluates the position of companies based on their position points in the industry and market performance score. Some of the factors considered for the analysis are the financial performance over the past three years, growth strategies, degree of innovation, new product launches, investments, growth in market share, etc. Request a report form here

Market segmentation

  • By application, the market is categorized into segments such as e-commerce, automotive, electrical, and electronics among others. The market growth in the e-commerce sector will be significant during the forecast period.

  • By geography, the market is analyzed across regions such as APAC, North AmaricaAnd the EuropeAnd the South americaand the The Middle East And the Africa. APAC will have the largest market share. About 46% of the market growth will come from the Asia Pacific region during the forecast period.

Related reports:

Warehouse Robots Market Scope

Report coverage

details

page number

120

base year

2021

prediction period

2022-2026

Growth Momentum and CAGR

Accelerating at a compound annual growth rate of 13.31%

Market growth 2022-2026

4.1 billion US dollars

Market Structure, Market Structure

fragmented

Annual Growth (%)

12.74

Regional Analysis

Asia Pacific, North America, Europe, South America, Middle East and Africa

Market share performance

Asia Pacific 46%

Main consuming countries

The United States, China, Japan, South Korea and Germany

Competitive scene

Leading companies, competitive strategies and scope of consumer engagement

Company Profile

ABB Ltd., Daifuku Co. Ltd., FANUC Corp., Fritz SCHAFER GmbH and Co KG, Geekplus Technology Co. Ltd, Hangzhou Hikvision Digital Technology Co., Ltd. Ltd., IAM Robotics, inVia Robotics Inc., John Bean Technologies Corp., KION GROUP AG, KNAPP AG, KUKA AG, Locus Robotics Corp. and Magazino GmbH and Murata Machinery Ltd. and OMRON Corp. and Teradyne Inc. and Toyota Industries Corp. and Vecna ​​Robotics Inc. and Yaskawa Electric Corp.

market dynamics

Key market analysis, market growth drivers and obstacles, analysis of fast-growing and slow-growing segments, COVID-19 impact and future consumer dynamics, market status analysis for the forecast period.

field of customization

If our report doesn’t include the data you’re looking for, you can access our analysts and customize the segments.

table of contents:

1. Executive Summary

2 market view

3 market sizing

4 Five forces analysis

5 Market Segmentation by Application

6 customer perspective

7 Geographical scene

8 Drivers, Challenges and Trends

9 landscape seller

10 Vendor Analysis

Appendix 11

information about us

Technavio is a global leader in technology research and consulting. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With over 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning across 50 countries. Their client base consists of organizations of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in current and potential markets and to assess their competitive positions in changing market scenarios. .

Contact

Technavio Research
Jesse Maeda
Marketing and Media Executive
United States: +1844364 1100
United Kingdom: +44 203893 3200
Email: media@technavio.com
website: www.technavio.com/

Global Warehouse Robots Market 2022-2026

Global Warehouse Robots Market 2022-2026

Cision

Cision

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