Warehouse Robotics Market: A Comprehensive Study of Trends and Dynamics in the Robotics Logistics

The global warehouse robotics market size is anticipated to reach USD 17.29 billion by 2030, exhibiting a CAGR of 19.6% over the forecast period, according to a new report published by Grand View Research, Inc. The expansion of the e-commerce industry, rising labor costs, and the need for greater efficiency and accuracy in warehouse operations fuel the growth of the market.

The e-commerce sector is witnessing remarkable growth due to technological advancements. Technologies like Virtual Reality (VR), Augmented Reality (AR), blockchain technology, Machine Learning (ML), and Artificial Intelligence (AI) are enhancing the shopping experience. Thus, companies seek new methods to enhance operations and logistics while reducing delivery time and costs.

Warehouse Robotics Market Report Highlights 

• The cartesian robots are expected to witness a CAGR of approximately 20% in the product segment from 2023 to 2030. The factors such as accuracy, precision, and ability to handle heavy loads is expected to fuel the growth
• In terms of function, the transportation segment is anticipated to grow at the fastest CAGR of 20.4% over the forecast period. The growth is attributed to increased demand for sorting, loading, and unloading goods from robots
• The 11 kg to 80 kg warehouse robots is likely to witness a CAGR of approximately 20% from 2023 to 2030. The ability to efficiently handle medium and heavy-weight items in manufacturing, healthcare, food, beverages, and other industries is expected to support the growth
• The software segment is estimated to experience a CAGR of approximately 21% over the forecast period. The segment is divided into a warehouse management system, a warehouse control system, and a warehouse execution system
• The healthcare industry is anticipated to witness the fastest CAGR of approximately 21% in the application segment from 2023 to 2030. The growth is attributed to the continuous developments and increased implementation of robots in the healthcare sector to perform a variety of tasks in healthcare warehouses

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Robots offer a smart, cost-efficient alternative to human labor by automating warehouses catering to the increasing need of the e-commerce sector. The robots help companies to maintain employee safety standards and enhance production quality by performing various tasks such as handling the incoming consignment, picking, packing, slotting, shipping, and asset tracking by saving considerable time and effort.

The COVID-19 pandemic impacted the warehouse robotics industry substantially in terms of the demand for robotics and the supply chain of the robotics industry. However, the need for efficient and contactless order fulfillment and labor shortage due to lockdowns fueled the demand for robots and other automation tools in business operations. The market has shown rising demand and continuously growing as companies invest heavily in research and development activities to improve existing technologies and launch advanced robots.

The initial investment of the robotic set-up into the warehouse is high, creating significant challenges for small and mid-sized companies. Furthermore, implementing robots in warehouse operations is affecting labor jobs. The rising adoption of robots is expected to affect employment and wages, affecting the further growth of the warehouse robotics industry over the forecast period.

By Application Analysis

Technological developments have enabled machines with remarkable machine dexterity, which allows machines to perform delegated tasks with significant ease in healthcare warehouses. Increasing demand for medications and vaccines, pharmaceutical companies are looking for ways to improve their supply chain and reduce errors in medication dispensing. E-commerce companies are increasingly adopting warehouse robotics solutions to improve their supply chain management and order fulfillment processes. The growth is attributed to the increased preference for online shopping; the rising demand for fast and efficient order fulfillment has played an important role in automating warehouses and fulfillment centers.

By Product Type Analysis

Cartesian robots are widely adopted in packaging, automotive, and pharmaceutical industries due to their accuracy, precision, and ability to handle heavy loads. Demand for automated material handling in the industrial sector due to the need for higher productivity, efficiency, and flexibility in warehouse operations is expected to fuel the further growth. The adoption of mobile robots is growing in various industries, such as manufacturing, healthcare, retail, and agriculture, due to their features such as easy maneuverability and autonomous operation.

By Payload Capacity Analysis

The increasing volume of lightweight and small packages that need to be handled in distribution centers and warehouse options owing to the rising adoption of e-commerce shopping is a major driver for the growth of below 10 kg warehouse robots. The demand for robots with higher payload capacity is increasing in warehouses of various applications such as manufacturing, healthcare, food, beverages, and more.

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By Function Analysis

Ongoing growth of the retail and e-commerce sector coupled with the growing demand for automated robots for improved efficiency and reduced costs in logistics has driven growth of the transport segment. The pick & place segment growth is attributed to the continuous technological advancements in robots, making them more efficient, accurate, and versatile for pick-and-place activities.

Market Latest Trends and Developments

The major players in the market focus on developing innovative collaboration software to attract a more extensive customer base and gain a competitive edge. The rising research and development investments are expected to create lucrative growth prospects for the market. Furthermore, continuous rise of the retail, manufacturing, and FMCG industries is expected to create lucrative growth opportunities for the market.

List of major companies operating in the Warehouse Robotics market

• ABB
• Bastian Solutions LLC
• Daifuku Co. Ltd.
• Dematic
• Fetch Robotics Inc.
• Honeywell International Inc
• KNAPP AG
• KUKA AG
• OMRON Corporation
• YASKAWA Electric Corporation
• FANUC Corporation

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Segmented the global warehouse robotics market based on product, function, payload capacity, component, software, application, and region:

Table of Contents

Fig. 1 Warehouse Robotics Market Segmentation

Fig. 2 Information Procurement

Fig. 3 Data Analysis Models

Fig. 4 Market Formulation and Validation

Fig. 5 Data Validating & Publishing

Fig. 6 Market Snapshot

Fig. 7 Segment Snapshot

Fig. 8 Segment Snapshot

Fig. 9 Segment Snapshot

Fig. 10 Competitive Landscape Snapshot

Fig. 11 Warehouse Robotics Market Value, 2022 and 2030, (USD Million)

Fig. 12 Warehouse Robotics Market - Industry Value Chain Analysis

Fig. 13 Warehouse Robotics Market Dynamics

Fig. 14 B2C E-Commerce Index, by region, 2020

Fig. 15 The annual installation of industrial robots 2011-2021 (thousand units)

Fig. 16 The annual installation of industrial robots by application globally (thousand units)

Fig. 17 Robot density in the manufacturing industry 2021 (per 10,000 employees)

Fig. 18 Collaborative and industrial robots (thousand units)

Fig. 19 Annual installation of industrial robots by customer industry (thousand units)

Fig. 20 Technology Roadmap of the Warehouse Robotics Market

Fig. 21 Warehouse Robotics Market: PORTER’s Analysis

Fig. 22 Warehouse Robotics Market: PESTEL Analysis

Fig. 23 Market Entry Strategies

Fig. 24 Warehouse Robotics Market, by Product: Key Takeaways

Fig. 25 Warehouse Robotics Market, by Product: Market Share, 2022 & 2030

Fig. 26 Mobile robots market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 27 Articulated robots market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 28 Cylindrical robots market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 29 SCARA robots market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 30 Parallel robots market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 31 Cartesian robots market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 32 Warehouse Robotics Market, by Function: Key Takeaways

Fig. 33 Warehouse Robotics Market, by Function: Market Share, 2022 & 2030

Fig. 34 Pick & place market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 35 Palletizing and De-palletizing market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 36 Transportation market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 37 Packaging market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 38 Warehouse Robotics Market, by Payload Capacity: Key Takeaways

Fig. 39 Warehouse Robotics Market, by Payload Capacity: Market Share, 2022 & 2030

Fig. 40 Below 10kg market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 41 11 to 80kg market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 42 81 to 400kg market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 43 401 to 900kg market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 44 Above 900kg market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 45 Warehouse Robotics Market, by Component: Key Takeaways

Fig. 46 Warehouse Robotics Market, by Component: Market Share, 2022 & 2030

Fig. 47 Hardware market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 48 Software market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 49 Warehouse management system market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 50 Warehouse control system market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 51 Warehouse execution system market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 52 Warehouse Robotics Market, by Application: Key Takeaways

Fig. 53 Warehouse Robotics Market, by Application: Market Share, 2022 & 2030

Fig. 54 E-commerce market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 55 Automotive market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 56 Consumer electronics market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 57 Food & beverage market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 58 Healthcare market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 59 Other market estimates & forecasts, 2018 - 2030 (USD Million)

Fig. 60 Warehouse robotics market revenue by region, 2022 & 2030 (USD Million)

Fig. 61 Regional marketplace: Key takeaways