Warehouse Robotics Market by Product Type: Global Opportunity Analysis and Industry Forecasts, 2017-2023

  • ID: 4368974
  • Report
  • Region: Global
  • 165 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • ABB Ltd.
  • Fanuc Corp.
  • Fetch Robotics Inc.
  • Kuka AG
  • Locus Robotics
  • Omron Corporation
  • MORE
Warehouse management is critical to any logistics system and is an essential part of the supply chain management. Cost and saving on time are desired in the current supply chain; thus companies focus on strategies to enhance the warehouse robotics market share. Robotics is a technology that designs, constructs, develops, and operates robots and its automation. Robots are intelligent devices that contain sensors, manipulators, control systems, power supply, and software to perform a task with increased efficiency.

Integration of warehouse and robotics technology has helped ensure that there is accuracy and automation while increasing the warehouse storage space and operation efficiency. For instance, an autonomous mobile robot can adapt to the changing surrounding and its application is expected to increase the efficiency in delivering merchandise from the shelf to the workstation and maximize the use of the storage area.

Increased demand for automation, saving time, and reduction in cost due to prevailing competition in e-commerce, rise in the number of stock keeping units, and advancements in technology will drive the warehouse robotics market growth. Companies are willing to make investments on new technologies to exceed customer service expectations, promote efficiency, improve consistency, reduce operating costs, and decrease human error. Hence, warehouse robotics technology has gained quite a bit of popularity. Initial higher costs related to training & deployment, lack of awareness, threat of job displacement, and difficulty in interacting with robots for some end users will hamper the growth of the warehouse robotics market. The opportunities offered by the global warehouse robotics market are adoption of warehouse robotics by small- and medium-sized enterprises (SMEs), penetration in Asia-Pacific & LAMEA, growth in E-commerce, and alternatives to human capital due to rise in labor costs.

The global warehouse robotics market is segmented based on type, function, end user, and geography. On the basis of type, it is classified into SCARA, cylindrical, parallel, mobile, gantry, and stationery articulated robots. On the basis of function, it is categorized into pick & place, assembling-dissembling, transportation, and packaging. On the basis of end user, it is divided into e-commerce, automotive, food & beverages, electronics & electrical, metal, pharmaceuticals, and others. Based on geography, the global warehouse robotics market has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players in the warehouse robotics market include ABB Ltd., Fanuc Corp., Kuka AG, Yaskawa Electric Corp., Amazon Robotics (Amazon.com, Inc.), Yamaha Robotics., Fetch Robotics, Inc., Locus robotics, Omron Corporation, Honeywell International Inc., and Siemens AG. Amazon Robotics, a subsidiary of Amazon.com, Inc., is the market leader since the largest user of its robot is Amazon itself. Amazon has deployed more than 45,000 robots in its warehouses and the number is on the rise with the rise in warehouses.

Market players in the global warehouse robotics adopt different strategies such as collaboration of players with e-commerce or supply chain companies, product innovations, and others. For instance, Locus Robotics recently collaborated with 4SIGHT Supply Chain Group to transform their warehouse operations using robotics. Furthermore, large players in the supply chain and logistics are adopting warehouse robotics; for example, Locus Robotics signed a deal with DHL Supply Chain (a unit of Deutsche Post DHL Group), the world’s largest third-party logistics company to sell its robots. However, the warehouse robotics market growth is driven by product innovation such as a robotic hand launched by Righthand Robotics and Freight 1500 by Fetch Robotics, which is designed to replace trolleys and forklifts in warehouses.

Key benefits

Comprehensive analysis of the drivers, restraints, and opportunities in the global warehouse robotics market.
In-depth analysis of the players in the global warehouse robotics market for the purpose of investments.
Porter’s five force model helps to decide the attractiveness of the global warehouse robotics market for potential new entrants.
Extensive analysis to identify the successful strategies and recent developments in the global market.

Key Market Segments

By Type

SCARA Robots
Cylindrical Robots
Parallel Robots
Mobile Robots
Cartesian Robots
Stationery Articulated Robots

By Function

Pick & Place
Assembling-dissembling
Transportation
Packaging

By End-user

E-commerce
Automotive
Food & Beverages
Electronics & Electrical
Metal & Machinery
Pharmaceuticals
Others.

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
Australia
China
India
Rest of Asia-Pacific
LAMEA
Latin America
The Middle East
Africa

Key players:

ABB Ltd.
Fanuc Corp.
Kuka AG
Yaskawa Electric Corp.
Amazon.com, Inc.
Yamaha Robotics
Fetch Robotics, Inc.
Locus Robotics
Omron Corporation
Honeywell International Inc.
Siemens AG.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd.
  • Fanuc Corp.
  • Fetch Robotics Inc.
  • Kuka AG
  • Locus Robotics
  • Omron Corporation
  • MORE
CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. KEY PLAYERS:
1.5. RESEARCH METHODOLOGY

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top impacting factors
3.2.3. Top winning strategy

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Moderate bargaining power of suppliers
3.3.2. High bargaining power of buyers
3.3.3. Low threat of substitutes
3.3.4. High competitive rivalry
3.3.5. Low threat of new entrants

3.4. MARKET PLAYERS POSITIONING
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increased demand of automation due to prevailing competition in e-commerce.
3.5.1.2. Increasing number of stock keeping units
3.5.1.3. Advancement in automation technologies

3.5.2. Restraints

3.5.2.1. High initial cost related to training & deployment.
3.5.2.2. Lack of awareness
3.5.2.3. Threat of job displacement
3.5.2.4. Difficulty in interacting with robots for some end users

3.5.3. Opportunities

3.5.3.1. Adoption of warehouse robotics by small- and medium-sized enterprises (SMEs)
3.5.3.2. Penetration to Asia-Pacific & LAMEA
3.5.3.3. Growing E-commerce
3.5.3.4. Alternative to human capital due to rising labor costs

CHAPTER 4 GLOBAL WAREHOUSE ROBOTICS MARKET, BY TYPE OF ROBOT

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. SCARA ROBOTS

4.2.1. Key market trends
4.2.2. Key drivers and opportunities
4.2.3. Market size and forecast

4.3. PARALLEL ROBOTS

4.3.1. Key market trends
4.3.2. Key drivers and opportunities
4.3.3. Market size and forecast

4.4. CYLINDRICAL ROBOTS

4.4.1. Key market trends
4.4.2. Key drivers and opportunities
4.4.3. Market size and forecast

4.5. MOBILE ROBOTS

4.5.1. Key market trends
4.5.2. Key drivers and opportunities
4.5.3. Market size and forecast

4.6. CARTESIAN ROBOTS

4.6.1. Key market trends
4.6.2. Key drivers and opportunities
4.6.3. Market size and forecast

4.7. STATIONARY ARTICULATED ROBOTS

4.7.1. Key market trends
4.7.2. Key drivers and opportunities
4.7.3. Market size and forecast

CHAPTER 5 GLOBAL WAREHOUSE ROBOTICS MARKET, BY FUNCTION

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. PICK & PLACE

5.2.1. Key market trends
5.2.2. Key drivers and opportunities
5.2.3. Market size and forecast

5.3. ASSEMBLING-DISSEMBLING

5.3.1. Key market trends
5.3.2. Key drivers and opportunities
5.3.3. Market size and forecast

5.4. TRANSPORTATION

5.4.1. Key market trends
5.4.2. Key drivers and opportunities
5.4.3. Market size and forecast

5.5. PACKAGING

5.5.1. Key market trends
5.5.2. Key drivers and opportunities
5.5.3. Market size and forecast

CHAPTER 6 GLOBAL WAREHOUSE ROBOTICS MARKET, BY INDUSTRY VERTICAL

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. E-COMMERCE

6.2.1. Key market trends
6.2.2. Key drivers and opportunities
6.2.3. Market size and forecast

6.3. AUTOMOTIVE

6.3.1. Key market trends
6.3.2. Key drivers and opportunities
6.3.3. Market size and forecast

6.4. FOOD & BEVERAGE

6.4.1. Key market trends
6.4.2. Key drivers and opportunities
6.4.3. Market size and forecast

6.5. CHEMICAL, RUBBER & PLASTICS

6.5.1. Key market trends
6.5.2. Key drivers and opportunities
6.5.3. Market size and forecast

6.6. ELECTRONIC & ELECTRICAL

6.6.1. Key market trends
6.6.2. Key drivers and opportunities
6.6.3. Market size and forecast

6.7. METAL & MACHINERY

6.7.1. Key market trends
6.7.2. Key drivers and opportunities
6.7.3. Market size and forecast

6.8. PHARMACEUTICAL

6.8.1. Key market trends
6.8.2. Key drivers and opportunities
6.8.3. Market size and forecast

6.9. OTHERS

6.9.1. Key market trends
6.9.2. Key drivers and opportunities
6.9.3. Market size and forecast

CHAPTER 7 GLOBAL WAREHOUSE ROBOTICS MARKET, BY GEOGRAPHY

7.1. OVERVIEW

7.1.1. Market size and forecast

7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast

7.2.3.1. U.S.
7.2.3.2. Canada
7.2.3.3. Mexico

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast

7.3.3.1. Italy
7.3.3.2. Germany
7.3.3.3. France
7.3.3.4. Spain
7.3.3.5. Rest of Europe

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast

7.4.3.1. Japan
7.4.3.2. China
7.4.3.3. India
7.4.3.4. Rest of Asia-Pacific

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast

7.5.3.1. Latin America
7.5.3.2. Middle East
7.5.3.3. Africa

CHAPTER 8 COMPANY PROFILES

8.1. ABB

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating Business Segments
8.1.4. Business Performance:
8.1.5. Key strategic moves and developments, 2016

8.2. FANUC

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating Business Segments
8.2.4. Key strategic moves and developments
8.2.5. Business Performance:

8.3. KUKA

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating Business Segments
8.3.4. Key strategic moves and developments, 2017
8.3.5. Business Performance:

8.4. YASKAWA

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating Business Segments
8.4.4. Key strategic moves and developments, 2017
8.4.5. Business Performance:

8.5. SIEMENS

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating Business Segments
8.5.4. Key strategic moves and developments, 2017
8.5.5. Business Performance:

8.6. YAMAHA ROBOTICS

8.6.1. Company Overview
8.6.2. Company snapshot
8.6.3. Operating Business Segments
8.6.4. Key strategic moves and developments, 2017

8.7. OMRON

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating Business Segments
8.7.4. Key strategic moves and developments, 2017
8.7.5. Business Performance:

8.8. HONEYWELL

8.8.1. Company Overview
8.8.2. Company snapshot
8.8.3. Operating Business Segments
8.8.4. Key strategic moves and developments, 2017
8.8.5. Business Performance:

8.9. FETCH ROBOTICS

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating Business Segments
8.9.4. Key strategic moves and developments, 2017

8.10. LOCUS ROBOTICS

8.10.1. Company Overview
8.10.2. Company snapshot
8.10.3. Operating Business Segments
8.10.4. Key strategic moves and developments, 2017

8.11. AMAZON ROBOTICS (AMAZON.COM, INC.)

8.11.1. Company Overview
8.11.2. Company snapshot
8.11.3. Operating Business Segments
8.11.4. Business Performance:
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FEATURED COMPANIES

  • ABB Ltd.
  • Fanuc Corp.
  • Fetch Robotics Inc.
  • Kuka AG
  • Locus Robotics
  • Omron Corporation
  • MORE
According to a new report titled Warehouse Robotics Market: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global warehouse robotics market was valued at $2,442 million in 2016 and is expected to reach $5,186 million by 2023, to grow at a CAGR of 11.6%. E-commerce as an industry vertical is expected to dominate the global warehouse robotics market from 2017 to 2023. North America dominated the global warehouse robotics market with 33% share in 2016.

Warehouse robotics involves the deployment of robotics in warehouses to perform various functions such as, pick-placing, packaging, transportation, packaging, and palletizing. The integration of warehouse and robotics technology ensures accuracy and facilitates automation apart from increasing the storage space and operation efficiency of warehouses. The global warehouse robotics market is driven by the growing demand for automation due to the intense competition in e-commerce sector, rise in the number of stock-keeping units, and advancements in technology. However, factors such as initial higher costs related to training & deployment, lack of awareness, threat of job displacement, and difficulty in interacting with robots for some end users hamper the market growth.

The global warehouse robotics market is segmented based on type of robot, function, end user, and geography. On the basis of type of robot, it is classified into SCARA, cylindrical, parallel, mobile, gantry, and stationery articulated robots. Presently, stationery articulated robots are the most dominant robot in the global market, followed by gantry robots. Stationery articulated robots and gantry robots are expected to lose their market share due to surge in the use of autonomous mobile robots. Stationery articulated robots are expected to grow at 11.9% during the forecast period, while mobile robots are expected to grow at 12.3% during the forecast period. Moreover, growth in the e-commerce, food & beverage, pharmaceutical, and automotive industries is expected to boost the adoption of these robots in the near future.

Based on function, it is categorized into pick & place, assembling-dissembling, transportation, and packaging. Pick & place is the most common function performed by warehouse robotics, followed by packaging. This segment is expected to grow at a CAGR of 11.3% during the forecast period. The transportation segment is expected to be the fastest growing segment registering a CAGR of 12.3% during the forecast period, owing to growth in mobile robots, dearth of skilled labor, and rise in labor costs.

On the basis of end user, it is divided into e-commerce, automotive, food & beverages, electronics & electrical, metal, pharmaceuticals, and others. E-commerce holds the maximum share in the warehouse robotics market, followed by the automotive industry. E-commerce is expected to grow at a CAGR of 12.2% during the forecast period.
However, warehouse robotics segment is expected to grow at the highest CAGR of 12%, with the second leading position in the global market. Furthermore, the growth in the food & beverage industry in the Asia-Pacific and European regions is attributed to the increasing deployment of robots in packaging, palletizing, and transportation.

The market is analyzed based on region into North America, Europe, Asia-Pacific, and LAMEA. North America is the largest user of warehouse robotics, followed by Asia-Pacific. Asia-Pacific is expected to grow at a CAGR of 11.3%, while Asia-Pacific is expected to register a CAGR of 12.6% during the forecast period. The Asia-Pacific region is expected to dominate the global warehouse robotics market due to growth in the e-commerce, food & beverage, metal & machinery, and electronic & electrical industries.

Key Findings of the Warehouse Robotics Market:

The warehouse robotics segment accounted for $2,442 million in 2016, and is expected to grow at a CAGR of 11.6% during the forecast period.
The mobile robots market is expected to grow at the fastest CAGR of 12.3%.
The e-commerce segment is expected to be grow at the highest CAGR of 12.2% during the forecast period.
Asia-Pacific is expected to grow rapidly, registering a CAGR of 12.6% from 2016 to 2023.
The key players operating in the global warehouse robotics market have adopted collaborations, partnerships, and product developments to maintain a strong foothold in the industry. The prominent players profiled in the report are ABB Ltd., Fanuc Corp., Kuka AG, Yaskawa Electric Corp., Amazon Robotics (Amazon.com, Inc.), Yamaha Robotics., Fetch Robotics, Inc., Locus Robotics, Omron Corporation, Honeywell International Inc., and Siemens AG.
Note: Product cover images may vary from those shown
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  • ABB Ltd.
  • Fanuc Corp.
  • Kuka AG
  • Yaskawa Electric Corp.
  • Amazon Robotics (Amazon.com Inc.)
  • Yamaha Robotics.
  • Fetch Robotics Inc.
  • Locus Robotics
  • Omron Corporation
  • Honeywell International Inc.
  • Siemens AG.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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