Global Warehouse Robotics Market Outlook Report - Market Size, Share Analysis and Forecast (2024-2032)

Global Warehouse Robotics Market Growth

Warehouse robotics refers to an automated machine which is designed to carry out various tasks in a warehouse or factory environment either alongside humans or independently. These robots are designed for tasks like picking, packing, sorting, storing, and organising products. They can efficiently assemble pallets or individual orders in areas that are challenging for humans to access, thereby driving growth in the warehouse robotics industry.

As per the warehouse robotics market report, warehouse robotics reduces the physical toll on human labour, enhances decision-making processes, facilitates efficient troubleshooting, increases uptime, and decreases the need for operator intervention. Hence, these advantages offered by warehouse robotics are enlarging the warehouse robotics market demand.

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Global Warehouse Robotics Market Analysis

The warehouse robotics industry growth is being increasingly driven by the rising need for articulated robots used in material handling, machine tending, spot welding, cutting, assembly, testing, and inspection within various industrial sectors. Advances in manufacturing technology are also pivotal in the warehouse robotics market dynamics and trends.

As demand for warehouse robotics grows, leading technology providers are responding with new, more adaptable, cost-efficient, and effective robotic solutions. These developments are expected to be central trends in the industry over the forecast period.

Warehouse Robotics Industry Outlook

According to the United States Census Bureau, the percentage of plants using robots in the food manufacturing sector increased from 12.1% in 2018 to 13.9% in 2019. In contrast, the adoption of robots in the electrical equipment, appliance, and component manufacturing sector grew from 12.3% in 2018 to 19.3% in 2019.

Moreover, according to the International Federation of Robotics, China led the global market for industrial robot installations in 2022, with 290,300 units, representing a 5% increase from 2021. Japan followed with 50,400 units, an increase of 9%. The United States saw a 10% rise, installing 39,600 robots, reflecting a strong trend towards automation. The Republic of Korea had 31,700 installations, a slight 1% increase. Italy’s installations totalled 11,500 units, up by 8%. France and Mexico each experienced significant growth, with a 13% increase, reaching 7,400 and 6,000 units, respectively. Singapore had the highest growth rate, soaring 68% to 5,900 units. India’s installations rose by 4% to 5,400 units, while Spain and Türkiye reported increases of 10% and 22%, respectively, with installations reaching 3,800 and 3,700 units in 2022. This indicates that the increase in industrial robot installation further results in boosting the warehouse robotics market revenue.

As per industry reports, in 2022, the global average e-commerce penetration was roughly 19%. China led with online retail sales making up nearly 27% of total retail sales. The United Kingdom had an e-commerce share of about 18%, while the United States had approximately 17%. Germany's e-commerce penetration was around 15%, Japan saw steady growth with about 10%, and Australia had around 8%. Canada had the lowest penetration among the listed countries, at about 6%. This indicates that the surge in e-commerce activities necessitates efficient warehouse operations, boosting the warehouse robotics industry revenue.

Advanced robotics enhance efficiency and precision in warehouses, leading to lower operational costs and fewer human errors, which in turn drives the growth of the warehouse robotics industry.

• Robotic systems can be scaled easily to match varying demand levels and warehouse sizes.
• Automating repetitive tasks reduces dependence on human labour, leading to significant cost savings.

The upfront cost of purchasing and implementing robotic systems can be prohibitive for smaller companies.

• Advanced systems require specialised maintenance and technical support, potentially increasing operational complexity.
• Automation may lead to job losses in warehouse roles, causing potential resistance from labour groups.

Expanding e-commerce and global supply chains drive demand for efficient warehouse solutions.

• Ongoing innovations in AI and machine learning enhance robotic capabilities and applications.
• Growing industrialisation in developing countries presents new opportunities for the warehouse robotics market.

Economic downturns can lead to reduced investments in capital-intensive technologies.

• Increasing connectivity raises the risk of cyberattacks and data breaches.
• Evolving regulations and standards may affect the adoption and implementation of robotics in warehouses.

Key Players in the Global Warehouse Robotics Market and Their Key Initiatives

ABB Limited

• Partnered with Covariant to integrate advanced AI in warehouse robotics to meet the growing demand of the warehouse robotics market.
• Launched the FlexBuffer solution.

Honeywell International, Inc

• Partnered with Fetch Robotics. 
• Launched a new AI-driven warehouse automation platform.

Toshiba Infrastructure Systems & Solutions Corporation

• Developed optimisation technologies for pod transport robot systems. 
• Launched a real-time mobile robot swarm control system.

Fanuc Corporation

• Launched new CRX collaborative robots.
• Unveiled a new $110 million robotics and automation campus.

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Global Warehouse Robotics Industry Segmentation

“Global Warehouse Robotics Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• Industrial Robots
• Sortation Systems
• Conveyors
• Palletisers
• Automated Storage and Retrieval Systems
• Mobile Robots (AGVs and AMRs)

Market Breakup by Function 

• Storage
• Packaging
• Trans-Shipment
• Others

Market Breakup by Payload Capacity 

• Below 10 kg
• 11 kg to 80 kg
• 81 kg to 400 kg
• 401 kg to 900 kg
• Above 900 kg

Market Breakup by End User 

• Food and Beverage
• Automotive
• Retail
• Electrical and Electronics
• Pharmaceutical
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Warehouse Robotics Market Share

The demand in the warehouse robotics market is being significantly driven by the mobile robots segment, which holds a substantial share of the market. Mobile robots like automated guided vehicles (AGVs) are in high demand in warehouses because they improve service quality, accelerate operations, and boost load capacity. Their advanced tracking and control capabilities are particularly valuable in storage and packaging applications, contributing to their rising popularity.

In addition, mobile robots can efficiently replace or handle small payloads which are beneficial for the electronics and retail sectors, due to the increasing consumer base. Moreover, the rapid shift from traditional automation systems towards mobile robotics, further supported by increasing awareness, is bolstering the warehouse robotics industry revenue. 

Leading Companies in the Warehouse Robotics Market

The companies deliver innovative infrastructure solutions, including smart city technologies, energy management, and transportation systems.

• ABB Limited
• Honeywell International, Inc
• Toshiba Infrastructure Systems & Solutions Corporation
• Fanuc Corporation
• TGW Logistics Group
• Invia Robotics, Inc
• Omron Corporation
• Daifuku Co., Ltd.
• Yaskawa Electric Corporation
• KUKA AG

Warehouse Robotics Market Report Snapshots

Warehouse Robotics Market Size

Warehouse Robotics Market Analysis

Warehouse Robotics Market Share

Warehouse Robotics Companies