A recent report published by Infinium Global Research on warehouse robotics market provides in-depth analysis of segments and sub-segments in the global as well as regional warehouse robotics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional warehouse robotics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global warehouse robotics market. According to the report, the global warehouse robotics market is projected to grow at a CAGR of 11.4% over the forecast period of 2019-2025.
Warehouse robotics technology gaining lots of tractions due to its significant emergence in various industries such as food and beverage, industrial goods, automotive, consumer electronics, healthcare, and many other industries. It is estimated that more than 10% of U.S. warehouses were already using automated warehousing equipment. Furthermore, key manufacturers operating in the global warehouse robotics market is strongly focusing on research and development activities for product innovations.
The factor such as growing inclination towards quality and safety production, coupled with the high penetration rate of industry automation in warehouses across the globe drives the demand for global warehouse robotics market over the forecast period. Moreover, the automated system plays a vital role in warehousing operations such as packaging, receiving, and storing saves time, labor resources, and provides an augmented performance. The integration of warehouse robotic technology has incredible potential to help operations become more accurate, more efficient, and more productive, thereby, increased the demand of warehouse robotics market. Furthermore, growing demand for warehouse robotics from various industry verticals is likely to enhance the market growth. However, the high initial investment for setup and lack of awareness are hampering the market growth of warehouse robotics market.
Among the geographies, the global warehouse robotics market is divided into North America, Europe, Asia Pacific, and RoW. North America holds a leading position in warehouse robotic market over the forecast period owing to growing awareness about quality and safety products and expansion of the e-commerce sector. The U.S. is expected to hold the highest growth shares in this market over the forecast period. Furthermore, Europe region is expected to grow at a rapid pace owing to growing demand in its applications. Apart from this, Asia Pacific is witnessing to be the fastest growing region in the warehouse robotics market from 2019 to 2025 owing to high growth in e-commerce. The countries such as China and India in the Asia Pacific region provide beneficial opportunities for the warehouse robotics market.
The report on global warehouse robotics market covers segments such as type, and application. On the basis of type, the sub-markets include gantry robots, fixed robots, mobile robots, and stationery articulated robots. On the basis of application, the sub-markets include e-commerce, food & beverage, packaging, automotive, consumer electronics, healthcare, and other applications.
The report provides profiles of the companies in the market such as Siemens AG, Honeywell International Inc., Omron Corporation, Locus Robotics, Fetch Robotics, Inc., The Yaskawa Electric Corporation, KUKA, FANUC, ABB, and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of warehouse robotics market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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