Global Warehouse Robotics Market Poised To Rise At 11% CAGR By 2025, Owing To High Demand For Automation In Various Warehouse Processes To Reduce Cost & Time | Million Insights

FELTON, Calif., March 23, 2021 /PRNewswire/ -- The global Warehouse Robotics Market size is estimated to touch USD 6.46 billion by 2025, as per a new report by Million Insights. The market is predicted to witness 11% CAGR from 2019 to 2025.

Is the Warehouse Robotics Market Growing?

The rapid rise in e-commerce platforms coupled with growing demand from consumers about fast and efficient packaging solution is estimated to proliferate the market growth. The automation in the warehouse industry is gaining traction owing to the increasing need to ease the various tasks that are labor-intensive. Further, automation provides operational efficiency and reduces manual errors. Additionally, organizations are increasingly deploying robots to address the concern regarding the labor shortage.

The increasing trend of online shopping has led to a rise in the number of start-ups in the e-commerce sector. Further, huge investments by venture capitalists have bolstered the culture of start-ups in emerging countries such as India and China. Organizations are increasingly deploying mobile robots as these robots are capable in deciding the optimum route and navigating in the facility without human intervention.

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Robotic systems are expected to witness significant demand from material handling segment. Continuous innovation has resulted in enhancing logistics processes and addressed the issues of low productivity. Moreover, robotic solutions are becoming affordable and increasingly efficient. However, safety-related concerns and increasing unemployment are anticipated to adversely affect warehouse robotics market growth.

Key Questions Answered in the Report:

How much is the Warehouse Robotics Market worth?

The global Warehouse Robotics Market size is estimated to touch USD 6.46 billion by 2025.

What is the Growth Rate of the Warehouse Robotics Market?

The market is predicted to witness 11% CAGR from 2019 to 2025.

Who are the Key Players of the Warehouse Robotics Market?

Key companies in the market are KUKA AG, Dematic, OMRON Corporation, ABB, KNAPP AG and Honeywell Intelligrated among others.

Which Region to Hold the Biggest Market Share?

In 2018, North America held the largest share in the market. Further, the region is anticipated to maintain its dominance from 2019 to 2025.

What makes the Warehouse Robotics demanding in terms of safety?

The warehouse operators require on-demand automation, real-time monitoring, and natural navigation of robots to ensure enhanced safety in their facilities.

Browse 100 page research report with TOC on "Global Warehouse Robotics Market" at: https://www.millioninsights.com/industry-reports/warehouse-robotics-market

Million Insights has segmented the global warehouse robotics market on the basis of product, function, payload capacity, software, application and region:

• Warehouse Robotics Product Outlook (Revenue, USD Million, 2014 - 2025)
• Mobile Robots
• Articulated Robots
• Cylindrical Robots
• Scara Robots
• Parallel Robots
• Cartesian Robots
• Warehouse Robotics Function Outlook (Revenue, USD Million, 2014 - 2025)
• Pick & Place
• Palletizing & De-palletizing
• Transportation
• Packaging
• Warehouse Robotics Payload Capacity Outlook (Revenue, USD Million, 2014 - 2025)
• Below 10 kg
• 11 kg to 80 kg
• 81 kg to 400 kg
• 401 kg to 900 kg
• Above 900 kg
•  Warehouse Robotics Software Outlook (Revenue, USD Million, 2014 - 2025)
• Warehouse Management System
• Warehouse Control System
• Warehouse Execution System
• Warehouse Robotics Application Outlook (Revenue, USD Million, 2014 - 2025)
• E-commerce
• Automotive
• Consumer Electronics
• Food & Beverage
• Healthcare
•  Others
• Warehouse Robotics Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• Japan
• India
• Latin America
• Brazil
• Mexico
• Middle East & Africa

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About Million Insights:

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