Warehouse Robotics Market Development, Market Trends, Key Driven Factors, Segmentation and Forecast to 2024 – PRnews Leader - Supply Chain Council of European Union

“Warehouse Robotics Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Warehouse Robotics market report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).

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Key Market Trends:

Automated Storage And Retrieval System (ASRS) is expected to register a Significant Growth

Automated storage and retrieval systems (ASRS), have the ability to sort, sequence, buffer, and store a wide range of goods into virtually unlimited destinations. Their common applications include goods to a person picking, dynamic replenishment, sequence buffering, order fulfillment, work in process storage, and finished goods storage.

ASRS is a significant component of warehouse automation systems in fulfillment and distribution centers, providing highly efficient, accurate and high throughput inventory management capabilities. They can be configured to be completely redundant, spreading inventory across multiple aisles and thus reducing the dependency on the ability of any single ASRS system to handle a task.

Benefits of ASRS include – increased safety at work, round the clock operations, real-time information of material movement. Other technological advancements include – interconnected devices, IoT, touch display, voice-activated devices, sensors, scanners, RFIDs, etc. These advancements are expected gain traction with other new technologies, such as VR/AR, 3D printing and scanning, robotic arms capable of handling different product sizes/dimensions, etc.

Furthermore, automated pallet warehouses maximize throughput and optimize energy use as pallets are heavy and energy-intensive to store and retrieve. Pallet warehouses need solutions that maximize throughput and storage density while reducing energy consumption and keeping costs low driving the demand for ASRS as it increases efficiency and quality in warehousing.

North America holds Major Share

In recent years, forecasts regarding long-term labor shortages across the United States, coupled with continued pressure on supply chains to deliver orders faster and more accurately, have prompted operations executives to evaluate that question as they look for answers to staffing challenges.The strong economy, with notable port traffic, increased e-commerce activity, and key manufacturing indices resulting in manufacturing growth, are poised to drive the demand for warehouses in the country.

US-based third-party logistics company DHL increased its warehouses from 417 in 2016 to 673 in 2017. The trend was followed by other companies, such as XPO Logistics and CEVA Logistics, respectively.Additionally, DHL Supply Chain has deployed Collaborative Robots or Cobots in its warehouses, which can perform repetitive tasks requiring movements that could injure a human worker.

According to CBRE, the available amount of warehouse and distribution space in the hit a 16-year low after a second-quarter (2017) decline in the availability rate that was triggered in large part by the healthy economy and a slowdown in construction. Thus, the growth in warehouse robotics in the country is expected to be driven by the upgradation of existing warehouses, rather than being deployed in new ones in near future.

Market Overview:

The Warehouse Robotics Market is expected to register a CAGR of over 27.1% during the forecast period 2019 – 2024. The advent of Industrial Internet of Things (IIoT) on the global industrial landscape and the emergence of connected systems are helping industries perform various tasks, such as material batching, picking, ordering, packaging, warehouse security and inspection, and helping improve the operational efficiency by exponential margins.

An increasing number of SKUs (stock keeping units) is quite natural in the industry, quite predominantly in the retail sector, as there is a constant introduction of new products on a regular basis. The luxury of customization and the increasing number of consumer choices through the e-commerce platform have pushed the demand for an expanded inventory, with a host of options and styles available at the disposable of the e-commerce retailers for dispatch on request.

The presence of a vast number of SKUs is crucial to meet the delivery demands of an immensely large consumer base. Research indicates that more than 50% of the businesses are looking forward to integrate an increasingly high number of inventory SKUs over the forecast period, to meet the long tail demands of the consumers by strategically expanding their range of product offering.

Robots represent a convergence of many advanced technologies, such as sensors for object location or navigation and algorithms. The development of robots requires time and money. The robots are priced relatively high so the cost of implementation and installing these robots are expensive. Encountering the increasing costs of inventory management has evolved as an increasingly challenging task as it assists the rising penetration of robotics in the industry.

The present stage of evolution in the robotics segment has been dependent on the technology for improving functionality, to cater to the customized range of requirements in the industry. Even though robots are programmed for high accuracy and operational efficiency, they may not be capable of adapting to the varying processes and environments.

In such circumstances, the robot will pose an error status and stop proceeding with the assigned task. Such an organized flow of operations is maintained through the consistent support of the manual workforce. However, this has been challenged, as considerable expertise in robot programming and implementation is required to program the robots according to the task they need to perform. Frequent software and program updates can be required for maximum performance and efficiency.

Key Manufacturers Like

ABB Limited

Singapore Technologies Engineering Ltd

Fanuc Corporation

Honeywell International Inc.

Toshiba Corporation

Kiva Systems (Amazon Robotics LLC)

Yamaha Motor Corporation

Omron Adept Technologies

Kawasaki Robotics Inc.

Yaskawa Electric Corporation

R A Rodriguez (UK) Ltd

Daifuku Co. Ltd

JBT Corporation

Robert Bosch GmbH

Kuka AG

Knapp AG

Magazino GmbH

SSI Schaefer AG

System Logistics.

Scope of the Report:

Warehouse Robotics Market is the deployment of robotics in the warehouse to perform functions such as pick-place, packaging, transportation, packaging, and palletizing. The integration of warehouse and robotics technology has helped ensure that there is accuracy and automation while increasing the warehouse storage space and operation efficiency.

Warehouse Robotics market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Warehouse Robotics market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Warehouse Robotics market have also been involved in the study.

Market Dynamics: –

Drivers: (Developing regions and growing markets)
Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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Key Questions Answered in Market Report: –

What will the market growth rate, Overview and Analysis by Type of Warehouse Robotics market in 2023?
What are the key factors driving, Analysis by Applications and Countries Warehouse Robotics market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Warehouse Robotics ?
Who are Opportunities, Risk and Driving Force of Warehouse Robotics market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
Who are the opportunities and threats faced by the vendors in Warehouse Robotics space? Business Overview by Type, Applications, Gross Margin and Market Share
What are the Warehouse Robotics market opportunities, market risk and market overview of the Market?

Lastly, the Global Warehouse Robotics Market Research covers a complete market structure across the world with a comprehensive analysis of major key factors. This report provides planned orientations referred by the industry experts.

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Study objectives of Warehouse Robotics Market Report:

To provide a detailed analysis of the market structure along with the Warehouse Robotics market forecast of various segments and sub-segments of the Warehouse Robotics market
To provide insights into factors influencing and affecting market growth
To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
To provide economic factors, technology and Warehouse Robotics market trends that influence the global Warehouse Robotics market

Detailed TOC of Warehouse Robotics Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Number Of SKUs
4.3.2 Increasing Investments In Technology And Robotics
4.4 Market Restraints
4.4.1 Stringent Regulatory Requirements
4.4.2 Relative Lack Of Awareness And Customization Concerns
4.5 Value Chain / Supply Chain Analysis
4.6 Industry Attractiveness Porters Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Mobile
5.1.2 Articulated
5.1.3 Gantry
5.1.4 Automated Storage and Retrieval System
5.2 By End-user Industry
5.2.1 Food and Beverage
5.2.2 Automotive
5.2.3 Retail
5.2.4 Electrical and Electronics
5.2.5 Pharmaceutical
5.2.6 Other End-user Industries
5.3 By Function
5.3.1 Storage
5.3.2 Packaging
5.3.3 Trans-shipments
5.3.4 Other Functions
5.4 Geography
5.4.1 North America
5.4.1.1 US
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 UK
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Mexico
5.4.4.4 Rest of Latin America
5.4.5 Middle East and Africa
5.4.5.1 UAE
5.4.5.2 Saudi Arabia
5.4.5.3 South Africa
5.4.5.4 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 ABB Limited
6.1.2 Singapore Technologies Engineering Ltd
6.1.3 Fanuc Corporation
6.1.4 Honeywell International Inc.
6.1.5 Toshiba Corporation
6.1.6 Kiva Systems (Amazon Robotics LLC)
6.1.7 Yamaha Motor Corporation
6.1.8 Omron Adept Technologies
6.1.9 Kawasaki Robotics Inc.
6.1.10 Yaskawa Electric Corporation
6.1.11 R A Rodriguez (UK) Ltd
6.1.12 Daifuku Co. Ltd
6.1.13 JBT Corporation
6.1.14 Robert Bosch GmbH
6.1.15 Kuka AG
6.1.16 Knapp AG
6.1.17 Magazino GmbH
6.1.18 SSI Schaefer AG
6.1.19 System Logistics