Warehouse Robotics Market is forecasted to grow at 12.0% for 2018 to 2025, estimating the market to reach a valuation of USD 2450.0 million by 2025 with factors such as increased automation of operations in logistics and warehouse operations along with the focus on safety of operations in terms of transporting heavy goods.
Warehouse robotics market has shown a high growth rate amid the expansion of the e-commerce industry worldwide, although the significantly large costs associated with this robotics are acting as a hindrance for the market’s growth. Lack of awareness and complicated operating environment for robots in the logistics cycle is also restricting the market’s growth.
According to Data Bridge Market Research, the warehouse robotics market is rapidly enhancing its adoption rate from the North America region with a number of applicable end users preferring for the adoption of warehouse robotics to integrate automation of operations in their facilities and warehouses. The market is also witnessing a rapid increase in demand due to the focus of employers of on employee safety and the protection of their assets.
Now the question is which are the regions that warehouse robotics market players should target? Data Bridge Market Research has estimated that the existing market players should focus their business activities on the Asia-Pacific region with a number of warehouses and logistics operations being established throughout the region resulting in high potential for market expansion.
With the market still witnessing innovations and advancements in terms of existing robotics technologies, warehouse robotics market players are currently enhancing the levels of market penetration in different market applications such as defense, electronics, pharmaceuticals, automotive and various others.
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September of 2019, Element Logic announced the launch of a robotic piece-picking system that utilizes “AutoStore” system integrators and the piece-picking frontrunner technology sourced from RightHand Robotics. The system has undergone extensive testing and modifications to ensure that the robotic system can be profitable for the consumers to enhance the efficiency of any warehouse operations.
The Global Telemetry Market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA).
All country based analysis of the warehouse robotics market is further analysed based on maximum granularity into further segmentation. On the basis of product, the market is segmented as fixed robots, cylindrical robots, mobile robots, gantry robots and stationery articulated robots. Function has been segmented into pick & place, assembling & dissembling, transportation and packaging. Software is categorized into warehouse management system, warehouse execution system and warehouse control system. Industry vertical segment consists of e-commerce, automotive, pharmaceuticals, electronics & electrical, metal & machinery, food & beverages, chemical and others.
Warehouse robotics is described as the field of robotics wherein the robots or automated equipment are deployed to perform different forms of warehouse associated functions without any intervention and requirement of humans. These robotics products and solutions are highly effective and efficient in terms of their operations and promote the organizational capabilities of a warehouse ensuring the security of warehouses.
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Key Pointers Covered in the Warehouse Robotics Market Industry Trends and Forecast to 2025
Key Market Competitors Covered in the report
Above are the key players covered in the report to know about more and exhaustive list of warehouse robotics companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-warehouse-robotics-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Warehouse Robotics Market– Industry Trends and Forecast to 2025