Warehouse Robotics Global Market Report 2024: Ukraine-Russia War

Warehouse robotics is a comprehensive term encompassing various automated devices and systems designed to enhance speed, efficiency, and accuracy within a warehouse environment. These robotics are employed for tasks such as material transportation, performing various warehouse operations, and automating or streamlining warehouse processes.

The primary types of warehouse robotics include SCARA robots (Selective Compliance Articulated Robot Arm), cylindrical robots, parallel robots, mobile robots, gantry robots, and stationary articulated robots. SCARA robots find applications in processes like the production of electronic components, handling small machine components requiring precise assembly and disassembly, and the transfer of large automotive components. Various systems utilized in warehouse robotics include the knapp open shuttle, the locus robotics system, the fetch robotics freight system, the scallog system, and the swisslog carry pick. These systems perform functions such as pick and place, assembly and disassembly, transportation, and packaging. Warehouse robotics are implemented across diverse sectors, including e-commerce, automotive, food and beverage, electronics and electrical, metal and machinery, pharmaceuticals, and others.

The warehouse robotics market research report is one of a series of new reports that provides warehouse robotics market statistics, including warehouse robotics industry global market size, regional shares, competitors with a warehouse robotics market share, detailed warehouse robotics market segments, market trends and opportunities, and any further data you may need to thrive in the warehouse robotics industry. This warehouse robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The warehouse robotics market size has grown rapidly in recent years. It will grow from $4.82 billion in 2023 to $5.53 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The expansion observed in the historical period can be attributed to factors such as a shortage of labor, government support for automation initiatives, growth in the industrial sector, a decrease in the cost of robotic hardware, and improvements in warehouse safety facilitated by the adoption of warehouse robotics.

The warehouse robotics market size is expected to see rapid growth in the next few years. It will grow to $9.47 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%. The anticipated growth in the forecast period can be attributed to factors such as the increasing demand for e-commerce and third-party logistics (3PL) providers, rapid industrialization in emerging economies, a rising demand for automation in warehouses, growing awareness about enhanced workplace safety, and considerations for environmental, social, and governance (ESG) factors. Major trends expected in the forecast period include the adoption of collaborative robots (cobots), AI-driven automation, the utilization of autonomous mobile robots (AMRs), strategic and collaborative partnerships with various start-up companies, and the introduction of last-mile delivery robots.

The expansion of the e-commerce industry is a driving force behind the growth of the warehouse robotics market. E-commerce, or online shopping, has revolutionized business by facilitating the buying and selling of goods and services over the Internet. This transformative industry demands automated warehouse robots to streamline manual material transportation, optimizing warehouse operations. For instance, data from the US Census Bureau's Department of Commerce revealed that retail e-commerce sales in the USA reached $222.5 billion in the second quarter of 2021, reflecting a 3.3% increase from the first quarter. Consequently, the burgeoning e-commerce sector is anticipated to fuel the demand for warehouse robotics in the coming years.

The scarcity of skilled workers is expected to be a key driver of growth in the warehouse robotics market. The challenge of finding and retaining skilled human workers for physically demanding and repetitive tasks within warehouses has led to a shortage. As the e-commerce sector expands, creating a demand for efficient order fulfillment, businesses face increased labor costs. This scenario incentivizes the adoption of cost-effective warehouse robotics, offering consistency, precision, and continuous operation. According to the Bureau of Labor Statistics, as of August 2023, there was a shortage of nearly 600,000 stable manufacturing jobs in manufacturing businesses across the United States waiting to be filled. Hence, the shortage of skilled workers is a significant factor propelling the growth of the warehouse robotics market.

The evolution of AI-based warehouse robotic systems is shaping the landscape of the warehouse robotics market. Artificial intelligence (AI) involves the digital emulation of human intellect by computer systems, capable of performing tasks typically carried out by intelligent individuals. Major players are directing their efforts toward AI-based warehouse robotic systems to automate repetitive pick-and-pack processes and execute sophisticated manipulations even in unpredictable conditions. For example, A.P. Møller – Mærsk A/S, a Denmark-based shipping company, implemented an AI-enabled robotic solution in its UK warehouse, introducing advanced features to significantly enhance warehouse operations. The Robotic Shuttle Put Wall System by Berkshire Grey sorts orders three times faster than traditional manual methods and excels in upstream batch inventory picking, boosting efficiency by up to 33%.

Leading companies in the warehouse robotics market are investing in the development of cobots to gain a competitive advantage. Cobots, or collaborative robots, are designed to work alongside human workers in shared workspaces. Schneider Electric SE, a France-based energy management company, launched Lexium cobot in August 2023. This collaborative robot handles heavy payloads, reduces downtime, and improves operational efficiency in manufacturing environments. With features like collision detection, a compact design, and easy integration, the Lexium cobot is suitable for tasks involving heavy, repetitive, or complex operations. It aims to minimize the impact of labor shortages on productivity and space requirements while enhancing worker safety and agility in industrial plants.

In September 2021, Locus Robotics, a US-based provider of automated warehouse mobile robots, acquired Waypoint Robotics for an undisclosed amount. This acquisition expands Locus' product portfolio to include a range of autonomous mobile robots (AMR) solutions, addressing e-commerce, case-picking, pallet-picking, and scenarios requiring greater payloads and diverse fulfillment modalities. Waypoint Robotics is a US-based manufacturer and provider of autonomous mobile robots designed for manufacturing and logistics applications.

Major companies operating in the warehouse robotics market include ABB Ltd., Honeywell International Inc., Fanuc Corporation, Amazon Robotics LLC, KUKA Aktiengesellschaft, Yaskawa Electric Corporation, Attabotics Inc., Omron Corporation, Daifuku Co. Ltd., Toshiba Corporation, Yamaha Robotics, Locus Robotics Corporation, Bastian Solutions LLC, GreyOrange Pte. Ltd., Kion Group AG, Fetch Robotics Inc., SSI Schaefer Systems International Holding AG, Swisslog Holding AG, Knapp AG, Dematic Corp., IAM Robotics LLC, Vecna Robotics Inc., Geek Plus Robotics Co. Ltd., Magazino GmbH, RightHand Robotics Inc., Boston Dynamics Inc., Clearpath Robotics Inc., Mobile Industrial Robots ApS, Seegrid Corporation, Universal Robots A/S, Waypoint Robotics Inc., BlueBotics SA, Energid Technologies Corporation, Kinova Inc., Soft Robotics Inc., Tompkins Robotics LLC

North America was the largest region in the warehouse robotics market share in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the global warehouse robotics industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the Warehouse Robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The warehouse robotics market consists of sales of automated guided vehicles (AGVs), automated storage and retrieval systems (AS/RS), collaborative robots, articulated robotic arms, and goods-to-person technology. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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