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Global Warehouse Robotics Market Set to Reach USD 22.1 Billion by 2024
Technology innovation, huge R&D expenditures and acquisition of start-ups by market giants are major driving factors of warehouse robotics market.
According to Goldstein Research, global warehouse robotics market is expected to reach USD 22.1 billion by 2024 from an estimated market size of USD 12.0 billion in 2016, growing at a CAGR of 7.4% over the forecast period 2016-2024. The growing e-commerce industry and rising demand for efficient and automated operations in warehouses is driving the growth of warehouse robotics market. Global warehouse robotics market segmentation has been done on the basis of product type, application type, end users and geography.
Geographically, global warehouse robotics industry is witnessing highest growth opportunities in Asia Pacific region, such that various robotics companies are looking forward to establish their manufacturing unit in the region. By 2024 APAC warehouse robotics market is expected to reach USD 5.5 billion.
Global Warehouse Robotics Market can be segmented as follows:
By Product Type
- Fixed Robots
- Mobile Robots
- Gantry Robots
- Stationery Articulated Robots
By Application Type
- Assembling and Disassembling
- Food and Beverage
- Automotive Industry
- Airport and Marine Ports
- Automated Retail
- Electrical and Electronics Industry
- Manufacturing Industry
- North America Warehouse Robotics Market Analysis, 2016-2024
- Europe Warehouse Robotics Market Analysis, 2016-2024
- Middle East and Africa Warehouse Robotics Market Analysis, 2016-2024
- Latin America Warehouse Robotics Market Analysis, 2016-2024
- Asia Pacific Warehouse Robotics Market Analysis, 2016-2024
- Rest of the World Warehouse Robotics Market Analysis, 2016-2024
Warehouse Robotics Market report by Goldstein Research contains detailed overview of the global warehouse robotics market. Key players of the Global Warehouse Robotics Market discussed in the report are:
ABB Ltd., Fanuc Corp., Kuka AG, Yaskawa Electric Corp., Amazon Inc., ATS Automation Tooling Systems Inc., Honeywell International Inc., Omron Corp., Fetch Robotics, Inc., IAM Robotics, Magazino GmbH, SSI Schaefer AG, Wynright Corp., Siemens AG, Toshiba Machine Co. Ltd., Yamaha Robotics, Locus Robotics, InVia Robotics, etc.
The market report includes the competitive analysis of key players in the market. The company profiling includes the analysis of financial reports, research & development activities & investments by the company, analysis of revenue distribution by regions and business segment, business strategies, and other information to provide business outlook.
Further, Global Warehouse Robotics Market Size Report highlights the market size, market growth rate, market share and statistics related to investments, technology advancement and growth prospects in the market. The report also encompasses the market dynamic factors such as trends, growth drivers, opportunities, challenges, risk analysis, market attractiveness, BPS analysis, Porter’s five force model and SWOT analysis to provide comprehensive market outlook to various stakeholders to formulate business strategies.
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