Global Industrial Robots (Warehousing and Storage Robots) Market Report 2024, Forecast To 2033

12 Jan, 2024

The industrial robots market has witnessed rapid growth, rising from $6.48 billion in 2023 to $7.5 billion in 2024, with a 15.6% CAGR. Historical growth drivers include e-commerce growth, labor shortages, automation, and rising labor costs. The forecast projects continued rapid growth, reaching $13.13 billion in 2028, with a 15.0% CAGR. Ongoing factors include customization and scalability, environmental sustainability, operational efficiency improvement, and meeting the demands of modern supply chain dynamics.

Global Industrial Robots (Warehousing and Storage Robots) Market Key Driver

The industrial robots in the warehouse and storage market thrive on increased goods movement due to e-commerce growth. Geodis’ agreement with Locus Robotics to deploy 1,000 AMR robots globally indicates the accelerated movement of goods within warehouses, driving demand for industrial robots.

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Global Industrial Robots (Warehousing and Storage Robots) Market Segments

The industrial robots(warehousing and storage robots) market covered in this report is segmented –
1)By Product Type: Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots, Parallel Robots, Cartesian Robots
2)By Function: Pick And Place, Palletizing And De-palletizing, Transportation, Packaging
3)By Application: E-commerce, Automotive, Consumer Electronics, Food And Beverage, Healthcare, Other Applications
By Geography: The regions covered in the industrial robots (warehousing and storage robots) market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions Asia-Pacific was the largest region in the industrial robots market in 2023. Western-Europe was the second-largest region in the global industrial robots market. The regions covered in the industrial robots(warehousing and storage robots) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major Industrial Robots (Warehousing and Storage Robots) Industry Players

ABB Ltd., Yaskawa Electric Corp, KUKA AG (Keller und Knappich Augsburg), Fanuc Corp., Mitsubishi Electric Corporation, Amazon, Honeywell Intelligrated, Omron Corporation, Fetch Robotics Inc., Fanuc Corp, Bastian Solutions, Yamaha Robotics, Siemens AG., Locus Robotics, Daifuku Co. Ltd., Dematic, KNAPP AG, AGVE Group, BlueBotics SA, Clearpath Robotics, GreyOrange, IAM Robotics, inVia Robotics, Kardex Group, KION Group AG, Kiva Systems, Kollmorgen, Magazino GmbH, MiR (Mobile Industrial Robots), RightHand Robotics, SSI SCHAEFER, Swisslog Holding AG, Teradyne Inc., Vecna Robotics, Vanderlande Industries BV, Zebra Technologies Corp.

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Industrial Robots (Warehousing and Storage Robots) Market Overview

Industrial robots in warehousing and storage refer to automated robots, systems that are used in warehouses, and related services. Warehouse and storage robots perform various tasks and automate the warehouse process. Industrial robots in warehousing and storage are used to do tasks such as lifting and arranging heavy products that are to be stored in racks or given spaces.

Industrial Robots (Warehousing and Storage Robots) Global Market Report 2023 provides data on the global industrial robots (warehousing and storage robots) market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The industrial robots (warehousing and storage robots) market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.