USD 4.1 Bn incremental growth expected in Warehouse Robotics Market, Driven by the demand for efficiency in distribution channels -- Technavio

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Oct 03, 2022, 04:30 ET

NEW YORK, Oct. 3, 2022 /PRNewswire/ -- The global warehouse robotics market will witness substantial growth in the coming years. One of the key factors influencing the market growth will be the increasing demand for efficiency in distribution channels. Consumers nowadays look for e-commerce players that can quickly deliver products to their doorstep. In order to fulfill the growing requirements of consumers, retailers, e-commerce companies, and manufacturers are focusing on improving their delivery efficiencies without increasing operational costs. This is increasing the adoption of robots in warehouses to improve customer service and the speed of delivery. All these factors are influencing the growth of the global warehouse robotics market.

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

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Technavio estimates the market size to grow by USD 4.1 billion, accelerating at a CAGR of 13.31% between 2021 and 2026. In addition to the rising demand for efficiency in distribution channels, the market growth will also be influenced by trends such as the increased adoption of Industrial Internet of things (IIoT) technology in robotics.

End-users are integrating their warehouse robots with smart sensors and communication devices, also known as IIoT devices, to collect data. These devices collect a large amount of data from the production system that allow the operators to analyze manufacturing productivity and speed. This helps to drive the reliability of assets and improve cost-efficiency. These devices also help the engineers and operators identify components that are performing poorly and are likely to fail in the near future. This allows them to perform early predictive maintenance or replacement of components, thereby reducing breakdown during operations and production downtime and maximizing output quality. This trend will have an accelerating effect on the growth of the global warehouse robotics market during the forecast period.

Company Profiles

The warehouse robotics market report provides complete insights on key vendors including ABB Ltd., Daifuku Co. Ltd., FANUC Corp., Fritz SCHAFER GmbH and Co KG, Geekplus Technology Co. Ltd, Hangzhou Hikvision Digital Technology Co. Ltd., IAM Robotics, inVia Robotics Inc, John Bean Technologies Corp., KION GROUP AG, KNAPP AG, KUKA AG, Locus Robotics Corp., Magazino GmbH, Murata Machinery Ltd., OMRON Corp., Teradyne Inc., Toyota Industries Corp., Vecna Robotics Inc., and Yaskawa Electric Corp.

Vendor Landscape:

The global warehouse robotics market is fragmented. The market is characterized by the presence of numerous vendors of different sizes. Major players hold a significant share of the market. These players are backed with huge financial resources and technical know-how. They are continuously investing in their R&D capabilities to introduce technologically-advanced warehouse robotics with increased efficiency and capabilities. The market also comprises numerous startups and a number of new startups enter the market every year. These smaller vendors are generally focused on very specific niche segments, such as providing solutions only to restaurants or retailers. The bigger companies offer comparatively more advanced warehouse robotics and cater to different companies by providing other value-added services.

The report includes the competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Request Sample Report Here

Market Segmentation

By application, the market is classified into segments such as e-commerce, automotive, electrical and electronics, and others. The market growth in the e-commerce segment will be significant over the forecast period.
By geography, the market is analyzed across regions such as APAC, North America, Europe, South America, and the Middle East and Africa. APAC will have the largest share of the market. About 46% of the market growth will originate from APAC during the forecast period.

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Warehouse Robotics Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 13.31%
Market growth 2022-2026	USD 4.1 billion
Market structure	Fragmented
YoY growth (%)	12.74
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 46%
Key consumer countries	US, China, Japan, South Korea, and Germany
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	ABB Ltd., Daifuku Co. Ltd., FANUC Corp., Fritz SCHAFER GmbH and Co KG, Geekplus Technology Co. Ltd, Hangzhou Hikvision Digital Technology Co. Ltd., IAM Robotics, inVia Robotics Inc, John Bean Technologies Corp., KION GROUP AG, KNAPP AG, KUKA AG, Locus Robotics Corp., Magazino GmbH, Murata Machinery Ltd., OMRON Corp., Teradyne Inc., Toyota Industries Corp., Vecna Robotics Inc., and Yaskawa Electric Corp.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments

Exhibit 24: Chart on Application - Market share 2021-2026 (%)
Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

5.2 Comparison by Application

Exhibit 26: Chart on Comparison by Application
Exhibit 27: Data Table on Comparison by Application

5.3 E-commerce - Market size and forecast 2021-2026

Exhibit 28: Chart on E-commerce - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on E-commerce - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on E-commerce - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on E-commerce - Year-over-year growth 2021-2026 (%)

5.4 Automotive - Market size and forecast 2021-2026

Exhibit 32: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Automotive - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Automotive - Year-over-year growth 2021-2026 (%)

5.5 Electrical and electronics - Market size and forecast 2021-2026

Exhibit 36: Chart on Electrical and electronics - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Electrical and electronics - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Electrical and electronics - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Electrical and electronics - Year-over-year growth 2021-2026 (%)

5.6 Others - Market size and forecast 2021-2026

Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Application

Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 46: Chart on Market share by geography 2021-2026 (%)
Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026

Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 Europe - Market size and forecast 2021-2026

Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 China - Market size and forecast 2021-2026

Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

7.9 US - Market size and forecast 2021-2026

Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

7.10 Japan - Market size and forecast 2021-2026

Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026

Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 South Korea - Market size and forecast 2021-2026

Exhibit 86: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on South Korea - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on South Korea - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 93: Overview on factors of disruption

9.4 Industry risks

Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 95: Vendors covered

10.2 Market positioning of vendors

Exhibit 96: Matrix on vendor position and classification

10.3 ABB Ltd.

Exhibit 97: ABB Ltd. - Overview
Exhibit 98: ABB Ltd. - Business segments
Exhibit 99: ABB Ltd. - Key news
Exhibit 100: ABB Ltd. - Key offerings
Exhibit 101: ABB Ltd. - Segment focus

10.4 Daifuku Co. Ltd.

Exhibit 102: Daifuku Co. Ltd. - Overview
Exhibit 103: Daifuku Co. Ltd. - Business segments
Exhibit 104: Daifuku Co. Ltd. - Key news
Exhibit 105: Daifuku Co. Ltd. - Key offerings
Exhibit 106: Daifuku Co. Ltd. - Segment focus

10.5 FANUC Corp.

Exhibit 107: FANUC Corp. - Overview
Exhibit 108: FANUC Corp. - Product / Service
Exhibit 109: FANUC Corp. - Key offerings

10.6 Geekplus Technology Co. Ltd

Exhibit 110: Geekplus Technology Co. Ltd - Overview
Exhibit 111: Geekplus Technology Co. Ltd - Product / Service
Exhibit 112: Geekplus Technology Co. Ltd - Key offerings

10.7 Hangzhou Hikvision Digital Technology Co. Ltd.

Exhibit 113: Hangzhou Hikvision Digital Technology Co. Ltd. - Overview
Exhibit 114: Hangzhou Hikvision Digital Technology Co. Ltd. - Product / Service
Exhibit 115: Hangzhou Hikvision Digital Technology Co. Ltd. - Key news
Exhibit 116: Hangzhou Hikvision Digital Technology Co. Ltd. - Key offerings

10.8 KION GROUP AG

Exhibit 117: KION GROUP AG - Overview
Exhibit 118: KION GROUP AG - Business segments
Exhibit 119: KION GROUP AG - Key news
Exhibit 120: KION GROUP AG - Key offerings
Exhibit 121: KION GROUP AG - Segment focus

10.9 KUKA AG

Exhibit 122: KUKA AG - Overview
Exhibit 123: KUKA AG - Business segments
Exhibit 124: KUKA AG - Key offerings
Exhibit 125: KUKA AG - Segment focus

10.10 Murata Machinery Ltd.

Exhibit 126: Murata Machinery Ltd. - Overview
Exhibit 127: Murata Machinery Ltd. - Business segments
Exhibit 128: Murata Machinery Ltd. - Key offerings
Exhibit 129: Murata Machinery Ltd. - Segment focus

10.11 OMRON Corp.

Exhibit 130: OMRON Corp. - Overview
Exhibit 131: OMRON Corp. - Business segments
Exhibit 132: OMRON Corp. - Key news
Exhibit 133: OMRON Corp. - Key offerings
Exhibit 134: OMRON Corp. - Segment focus

10.12 Toyota Industries Corp.

Exhibit 135: Toyota Industries Corp. - Overview
Exhibit 136: Toyota Industries Corp. - Business segments
Exhibit 137: Toyota Industries Corp. - Key news
Exhibit 138: Toyota Industries Corp. - Key offerings
Exhibit 139: Toyota Industries Corp. - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 140: Inclusions checklist
Exhibit 141: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 142: Currency conversion rates for US$

11.4 Research methodology

Exhibit 143: Research methodology
Exhibit 144: Validation techniques employed for market sizing
Exhibit 145: Information sources

11.5 List of abbreviations

Exhibit 146: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises 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 existing and potential markets and assess their competitive positions within changing market scenarios.

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