Global Industrial Robots (Warehousing and Storage Robots) Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

24 Sep, 2021

The industrial robots in warehousing and storage market consist of sales of the automated robots, systems which are used in warehouse and related services. Warehouse and storage robots perform various tasks, automate the warehouse process. Industrial robots in warehousing and storage are used to do tasks such as lift and arrange heavy products that are to be stored in racks or given spaces.

Global Industrial Robots (Warehousing and Storage Robots) Market Size And Drivers:

The global industrial robots (warehousing and storage robots) market is expected grow from $2.98 billion in 2020 to $3.7 billion in 2021 at a compound annual growth rate (CAGR) of 24.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.15 billion in 2025 at a CAGR of 14%. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market.

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Trends In The Global Industrial Robots (Warehousing and Storage Robots) Market

he picking process in the warehouse is increasingly being automated with increased demand in E-commerce industry, to reduce the pickup time of items. The automated robot gathers items and brings it to a central location, where an employee can fulfill orders fast. For instance, Ocado, a British supermarket started using a grid of picking robots in the warehouse that picks the ordered items and delivers into crates, which are moved onto conveyors and is carried to shelves where an employee picks the crate and delivers the order to the customer helping in delivering the groceries fast.

Global Industrial Robots (Warehousing and Storage Robots) Market Segments:
The global industrial robots (warehousing and storage robots) market is further segmented –
By Product Type: Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots, Parallel Robots, Cartesian Robots
By Function: Pick & Place, Palletizing & De-palletizing, Transportation, Packaging
By Application: E-commerce, Automotive, Consumer Electronics, Food & Beverage, Healthcare, Others
By Geography: The global industrial robots (warehousing and storage robots) market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Industrial Robots(Warehousing and Storage Robots) Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides industrial robots (warehousing and storage robots) market overviews, analyzes and forecasts market size and growth for the global industrial robots (warehousing and storage robots) market, industrial robots (warehousing and storage robots) market share, industrial robots (warehousing and storage robots) market players, industrial robots (warehousing and storage robots) market segments and geographies, industrial robots (warehousing and storage robots) market’s leading competitors’ revenues, profiles and market shares. The industrial robots (warehousing and storage robots) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.