Warehouse Robotics Market

Warehouse Robotics
Market
Share, Global Trends,
Analysis, Research,
Report, Opportunities,
Segmentation and
Forecast,
2015
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Report
Description
Report Description
Warehouse robots are gaining a lot of popularity and its rising importance due to its
usage in varied number of applications such as food and beverage, automotive,
pharmaceuticals, electronics, construction, defense, oil and gas. Companies are investing
huge in research and development activities in the warehouse robotics market, especially
developed countries for product innovation and also to automate it in a more advanced
way. With rapid advancement in technology and increasing demand of warehouse
robotics to improve product quality, production and space utilization, the market for
warehouse robotics market is growing at a positive rate globally.
In December 2014, Amazon installed almost 15,000 robots in its US warehouse to cut
operation cost by one-fifth and to meet up the increasing consumer demand during
festive seasons. They also wanted to compete with the brick and mortar stores and to
deliver items to customers on time and at a faster rate. The technology was developed by
Kiva Systems, a robotics company. Recently, Amazon announced that it would renamed
Kiva systems to Amazon Robotics and also hire a head of Robotics.
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Warehouse Robotics Market: Drivers & Restraints
Increased demand of automation, time saving and reduction in cost, increasing number
of stock keeping units, increasing demand and awareness towards quality and safety
production,
Report
Description
Report Description
advancement in technology, increased use in various applications and industries such as
food and beverage, electronics, are the important market drivers for the warehouse
robotics market.
Initial high adoption cost related to training, deployment, lack of awareness and difficulty
in interacting with robots for some end users are some of the barriers which is
hampering the growth of warehouse robotics market.
Warehouse Robotics Market: Segmentation
Warehouse robotics market is broadly classified on the basis of the following segment –
• By Product:
• Fixed Robots
• Mobile Robots
• Gantry Robots
• Stationery Articulated Robots
• By Application:
• Automotive
• Food and Beverage
• Pharmaceutical
• Electronics
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•
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Construction
Defense
Oil and Gas
Others
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Warehouse Robotics Market: Overview
The warehouse robotics market has grown substantially at a healthy CAGR due to recent
advancements in the technology and increasing demand in its applications. Asia Pacific
will emerge as the fastest growing region for warehouse robotics market due to
increasing demand for automation and increasing awareness about quality production.
Warehouse Robotics Market: Region-wise Outlook
The warehouse robotics market is expected to register a double-digit CAGR for the
forecast period. Depending on geographic regions, warehouse robotics market is
segmented into seven key regions: North America, South America, Eastern Europe,
Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific is the fastest
growing market for warehouse robotics market due to increasing research and
development and increasing investment made by the automotive companies.
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Warehouse Robotics Market: Key Players
Some of the key market players in warehouse robotics market are ABB Robotics, Kiva
Systems, Foxconn Technology Group, Seegrid, SSI Schaefer, Swisslong, Fanuc Corporation.
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