Trusted Press Release Distribution   Plans | Login    

Briefing Search
Keyword:
Category:

       

    
Author Details
Claight Corporation (Expert Market Research)
www.expertmarketresearch.com
Charlotte Jones
sales@expertmarketresearch.com
+1-415-325-5166
30 North Gould Street, Sheridan, WY 82801, USA


Bookmark and Share
Global Warehouse Robotics Market Report, Trends, Growth, Key Players, Share, Size, Forecast by 2032
The global warehouse robotics market was valued at USD 8.57 billion in 2023 and is projected to expand at a CAGR of 14.2% from 2024 to 2032, reaching USD 28.30 billion by 2032.

BriefingWire.com, 9/17/2024 - According to the report by Expert Market Research (EMR), the global Warehouse Robotics Market Size reached a value of USD 8.57 billion in 2023. Aided by technological advancements, automation trends, and the increasing need for efficient supply chain management solutions, the market is projected to further grow at a CAGR of 14.2% between 2024 and 2032 to reach a value of USD 28.30 billion by 2032.

Warehouse robotics refers to the use of automated machines, robots, and intelligent systems to perform various tasks within warehouse and distribution centre environments. These robotic solutions are designed to streamline material handling processes, optimise inventory management, and enhance operational efficiency across the supply chain. From automated guided vehicles (AGVs) and robotic arms to autonomous mobile robots (AMRs) and robotic palletizers, warehouse robotics technologies offer a wide range of capabilities to meet the evolving needs of modern logistics operations.

The exponential growth of e-commerce platforms and the shift towards omnichannel retailing have accelerated the warehouse robotics market growth. With consumers increasingly opting for online shopping and same-day delivery options, businesses are under pressure to streamline order fulfilment processes, reduce lead times, and improve inventory accuracy. Warehouse robotics enable organisations to automate picking, packing, and shipping operations, thereby enhancing order accuracy, increasing throughput, and meeting customer expectations for faster deliveries.

Get a Free Sample Report with a Table of Contents: bityl.co/S485

Another significant trend in the warehouse robotics market is the integration of artificial intelligence (AI) and machine learning (ML) technologies. AI-powered algorithms enable robots to make real-time decisions, adapt to dynamic environments, and optimise route planning and task allocation. ML algorithms analyse historical data to identify patterns, predict demand fluctuations, and optimise warehouse layouts, leading to improved operational efficiency and resource utilisation. By leveraging AI and ML capabilities, warehouse robotics systems can continuously learn and improve performance over time, driving greater productivity and flexibility in warehouse operations, consequently driving up the warehouse robotics market share.

Competitive Landscape of Warehouse Robotics Market

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global warehouse robotics market. Some of the major players explored in the report by Expert Market Research are as follows:

ABB Limited

Honeywell International, Inc

Toshiba Infrastructure Systems & Solutions Corporation

Fanuc Corporation

TGW Logistics Group

Invia Robotics, Inc

Omron Corporation

Daifuku Co., Ltd.

Yaskawa Electric Corporation

KUKA AG

Others

 
 
FAQs | Contact Us | Terms & Conditions | Privacy Policy
© 2024 Proserve Technology, Inc.