Warehouse Robotics Global Market Report 2023 – By Type (SCARA Robots, Cylindrical Robots, Parallel Robots, Mobile Robots, Gantry Robots, Stationery Articulated Robots), By System Type (Knapp Open Shuttle, Locus Robotics System, Fetch Robotics Freight, Scallog System, Swisslog Carry Pick), By Function (Pick And Place, Assembling Dissembling, Transportation, Packaging), By End-User (E Commerce, Automotive, Food And Beverages, Electronics And Electrical, Metal And Machinery, Pharmaceuticals, Other End Users) – Market Size, Trends, And Global Forecast 2023-2032

The warehouse automation refer to devices or systems used to streamline repetitive warehouse operations and make them less labor intensive to generate greater operational efficiencies. Warehouse automation is an integral part of supply chain optimization, as it reduces time, effort, and errors caused by manual or repetitive tasks. These automated systems are transforming operational facilities by increasing the speed of inventory movement, increasing storage density, reducing labor costs, and improving human safety inside the facility. The main types of warehouse automation are conveyor/sortation systems, automated storage and retrieval systems (AS/RS), mobile robots, warehouse management systems (WMS), and automatic identification and data capture (AIDC). Sortation is the act of detecting individual objects on a conveyor system and routing them to the appropriate areas with the help of a variety of devices controlled by task-specific software. They are divided based on components in hardware and software that can perform activities such as inbound, picking, and outbound. There are various end users of warehouse automation, such as general merchandise, healthcare, FMCG/non-durable goods, and other end users. The global warehouse automation market is segmented - 1) By Type: Conveyor/Sortation Systems, Automated Storage and Retrieval Systems (AS/RS), Mobile Robots, Warehouse Management Systems (WMS), Automatic Identification and Data Capture (AIDC) 2) By Component: Hardware, Software 3) By Function: Inbound, Picking, Outbound 4) By End User: General Merchandise, Healthcare, FMCG/Non-durable Goods, Other End Users The global warehouse automation market size will grow from $17.32 billion in 2022 to $19.78 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the warehouse automation is expected to grow to $33.59 billion in 2027 at a CAGR of 14.2%. The rise in e-commerce sales will drive the growth of the warehouse automation market. As retailers struggle to keep up with the increasing volume of orders and their last-mile delivery needs, warehouse automation is briskly turning into the trump card for those who are looking for a leg up on the competition, especially in the competitive e-grocery market. For instance, according to the Robotic Business Review, e-commerce will grow and is expected to reach 22% of all retail sales worldwide in 2023, as compared to 14.1% in 2019. According to a study published by Prologis, a US-based real estate investment trust, in 2021, the use of automation in warehousing is expected to increase revenue per square foot from 10% to 20% in the e-commerce real estate sector in the next three years. Therefore, the rise in the e-commerce sector is expected to boost the warehouse automation market during the forecast period. Major players in the warehouse automation market are Daifuku Co., Ltd., Honeywell Intelligrated, KUKA Group, KNAPP Group, Omron Corporation, ABB Ltd., Kardex Group, SSI Schaefer AG, Locus Robotics, Dematic Group (Kion Group AG), Vanderlande Industries BV, Godrej Consoveyo Logistics Automation, Space Magnum Equipment, Toyota Industries, Yaskawa Electric Corp Inc., and WITRON Logistik + Informatik GmbH. Investments in research and development activities are a key trend gaining popularity in the warehouse automation market. The companies operating in the warehouse automation sector are increasingly investing in R&D facilities to boost their new product development activities and gain a competitive edge over other players through launching technologically advanced products with greater operational capabilities and performance. For instance, in November 2021, Honeywell International Inc., a US-based conglomerate company involved in building technologies, safety & productivity solutions, and performance materials & technologies, announced its plans to develop a new advanced research and development (R&D) testing facility in the Czech Republic for its own Honeywell Intelligrated warehouse automation business to meet the growing demand for technologies that enable secure, more accurate supply chains. The facility enables Honeywell software and hardware engineers to design, prototype, and test the innovative warehouse automation systems used by logistics companies to improve the efficiency, accuracy, and throughput of packages within warehouses and distribution centers. In July 2021, Zebra Technologies, an Illinois-based company involved in the manufacturing and distribution of marking, printing, and tracking technologies, acquired Fetch Robotics for $290 million. The acquisition helps Zebra Technologies to accelerate its enterprise asset intelligence vision and expand its developmental activities in intelligent industrial automation by embracing new methods of empowering workflows and helping customers operate efficiently in increasingly automated and data-powered environments. Fetch Robotics is a US-based on-demand provider of warehouse automation. North America was the largest region in the warehouse automation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the warehouse automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the warehouse automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The warehouse automation market includes revenues earned by entities by providing warehouse automation solutions for operational efficiency, increasing productivity, reducing labor costs, and helping ensure a synchronous, smooth flow of warehouse processes. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The warehouse automation market research report is one of a series of new reports from The Business Research Company that provides warehouse automation market statistics, including warehouse automation industry global market size, regional shares, competitors with a warehouse automation market share, detailed warehouse automation market segments, market trends and opportunities, and any further data you may need to thrive in the warehouse automation industry. This warehouse automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Warehousing and storage refer to the act of storing items that will be sold or distributed later as well as the act of storing physical commodities or inventory in a warehouse and storage facilities for bonded merchandise, general merchandise, refrigerated goods, and other warehouse products. The main types in the warehousing and storage market are general warehousing and storage; refrigerated warehousing and storage; specialised warehousing and storage; and farm product warehousing and storage. General warehousing and storage involve storing, assorting, and stocking the goods. The market is segmented by ownership into private warehouses, public warehouses, and bonded warehouses and by end-use into the retail industry, manufacturing industry, consumer goods industry, food and beverage industry, healthcare industry, and others. The global warehousing and storage market is segmented - 1) By Type: General Warehousing And Storage, Refrigerated Warehousing And Storage, Specialized Warehousing And Storage, Farm Product Warehousing and Storage 2) By End-Use: Retail Industry, Manufacturing Industry, Consumer Goods Industry, Food & Beverage Industry, Healthcare Industry, Other End Users 3) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses Subsegments Covered:, Cold Storage, Frozen Storage, Automobile Dead Storage, Bulk Petroleum And Chemical Storage, Document Storage And Warehousing, Whiskey Warehousing, Other Specialized Warehousing And Storage The global warehousing and storage market size grew from $660.39 billion in 2022 to $714.79 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The warehousing and storage market is expected to grow to $950.68 billion in 2027 at a CAGR of 7.4%. Many warehousing and storage companies are using big data analytics as a tool to plan and optimise warehouse operations. Big data analytics refers to the process of examining large sets of data to obtain useful information such as hidden patterns, market trends, unknown correlations, and customer preferences. Big data analyses the location, capacity, and flexibility of warehouses to predict customer requirements. It helps with improving warehouse planning and replenishment and creating lean supply chains with sophisticated inventory systems. This maximises workflow, improves floor utilization, and increases operational efficiencies and ROI. For example, The Clemens Group, a food services provider, uses big data forklift fleet management software to track vehicle impacts, operator productivity, and equipment utilisation on forklifts in the warehouse. EastPack, one of the largest kiwifruit packing houses in New Zealand, uses big data from real-time location systems to minimise supply chain errors and inventory issues. Major companies using big data analytics in warehousing include Deutsche Post, DHL Group, United Parcel Service, and Kuehne + Nagel. Major companies in the warehousing and storage market include Deutsche Post AG, Nippon Express Co. Ltd., Glencore International, XPO Logistics Inc., Bunge Limited, Kuehne + Nagel International AG, Prologis Inc., Owens & Minor Inc., Ceva Logistics AG, and Mitsui. Asia-Pacific was the largest region in the warehousing and storage market in 2022. North America was the second largest region in the warehousing and storage market. The regions covered in the warehousing and storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the warehousing and storage market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The warehousing and storage market includes revenues earned by entities by storing goods for smooth distribution, ensuring the supply chain of goods, managing inventory, and enhancing customer satisfaction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The warehousing and storage market research report is one of a series of new reports from The Business Research Company that provides warehousing and storage market statistics, including warehousing and storage market size, regional shares, competitors with a warehousing and storage market share, detailed warehousing and storage market segments, market trends and opportunities, and any further data you may need to thrive in the warehousing and storage industry. This warehousing and storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The warehouse execution system refers to a software application that optimizes facility management that integrates with a warehouse management system (WMS), an enterprise resource planning system (ERP) to manage and direct physical work processes. The warehouse execution system is used to maximize productivity, optimize inventory, increase accuracy, and improve safety. The main types of components of the warehouse execution system are software and service. Software refers to programs that run on computers and perform specific functions. The deployment models are on-premises, and cloud used by consumer electronics, healthcare, food and beverages, automotive, third-party logistics (3PL), and other end users. The global warehouse execution system market is segmented - 1) By Component: Software, Service 2) By Deployment: On-Premises, Cloud 3) By End User: Consumer Electronics, Healthcare, Food And Beverages, Automotive, Third-Party Logistics (3PL), Other End Users The global warehouse execution system market size will grow from $1.62 billion in 2022 to $1.85 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the warehouse execution system is expected to grow to $3.1 billion in 2027 at a CAGR of 13.8%. The rising growth of the e-commerce sector owing to the pandemic propels the growth of the warehouse execution system market. E-commerce (electronic commerce) refers to the purchasing and selling of goods and services, along with the transmission of payments and data, over an electronic network, primarily on the internet. A warehouse execution system helps E-commerce by managing, optimizing, and directing the physical work processes such as picking, receiving, and replenishment in a warehouse or distribution center. For instance, according to the US Department of Commerce, the executive department of the U.S. federal government, concerned with economic growth and opportunity, in the first quarter of 2022, retail e-commerce sales increased by 2.4 % as compared to the first quarter of the previous year, 2021, which was valued at $250.0 billion. Therefore, the rising growth of the e-commerce sector owing to the pandemic is driving the warehouse execution system market growth. Major players in the warehouse execution system market are Softeon, Westfalia Technologies Inc., Fortna Inc., Honeywell International Inc., Manhattan Associates Inc., Matthews Automation Solutions, Bastian Solutions LLC, SSI Schaefer Group, Invata Intralogistics, Tompkins International, Zethcon Corporation, Infor, BluJay Solutions, PTC Inc and Swisslog. Technological advancements are the key trends gaining popularity in the warehouse execution system market. Major companies operating in the warehouse execution systems sector are focused on developing new technologies to strengthen their position in the warehouse execution systems market. For instance, in April 2020, UPS Supply Chain Solutions, a US-based transport, and logistics company, and Softeon, a global warehouse management company, launched warehouse network technology designed to make distribution centers smarter and more efficient. In order to ensure that consumers receive their orders on time, the new warehouse execution system (WES) is expected to enable quicker order intake and fulfillment. The unique features of the warehouse execution system (WES) such as the real-time monitoring of capacity, fulfillment needs, backlogs, and labor status by the WES make it possible to spot and address potential problems before they happen. Robotics and other unique automation technologies integrated into the system will assist in achieving such objectives. In March 2021, National Professional Planning Group, Inc., a US-based financial services company engaged in employee benefits, retirement planning, actuarial consulting, and fiduciary services, acquired Vargo Company for an undisclosed amount. The acquisition aims to strengthen NPPG’s growth and expansion initiative to be the fastest growing and most versatile employee benefits firm. Vargo is a US-based, automation machinery manufacturing company engaged in the development of a warehouse execution system. Western Europe was the largest region in the warehouse execution system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the warehouse execution system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the warehouse execution system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The warehouse execution system market consists of revenues earned by entities by providing ERP module, standalone system and supply chain module. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The warehouse execution systems market research report is one of a series of new reports from The Business Research Company that provides warehouse execution systems market statistics, including warehouse execution systems industry global market size, regional shares, competitors with a warehouse execution systems market share, detailed warehouse execution systems market segments, market trends and opportunities, and any further data you may need to thrive in the warehouse execution systems industry. This warehouse execution systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Supply chain management software refers to a program, platform, or set of tools that help streamline and manage a company's end-to-end supply chain processes, from assessment and forecasting to managing supplier relationships. The main product types of supply chain management (SCM) software are transportation management system, warehouse management system, supply chain planning, procurement software, manufacturing execution system. A transportation management system (TMS) is a logistics platform that uses technology to assist businesses in planning, executing, and optimizing the physical movement of goods, both incoming and outgoing, as well as ensuring compliance and proper documentation. The software is used by small and medium sized enterprises (SMEs), large enterprises of consumer goods, healthcare and pharmaceuticals, manufacturing, food and beverages, transportation and logistics and others industry verticals. The global SCM software market is segmented - 1) By Product: Transportation Management System, Warehouse Management System, Supply Chain Planning, Procurement Software, Manufacturing Execution System 2) By Industry Vertical: Consumer Goods, Healthcare & Pharmaceuticals, Manufacturing, Food & Beverages, Transportation & Logistics, Other Industrial Verticals 3) By User Type: Small & Medium Sized Enterprises (SMEs), Large Enterprises The global scm software market size will grow from $31.91 billion in 2022 to $37.86 billion in 2023 at a compound annual growth rate (CAGR) of 18.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global scm software is expected to grow to $73.98 billion in 2027 at a CAGR of 18.2%. SCM software’s can manage the complexities of the modern day supply chain. With businesses going global and increased competition, the supply chains are getting complex. The number of suppliers, orders received/completed, variety of product offerings, information generated etc. all have increased substantially. Through the use of SCM software, the complexity can be reduced along with cost and resource savings. The need for companies to remain relevant in the market amidst the highly competitive conditions is a crucial driver for the growth of the SCM software market. Major players in the supply chain management SCM software market are SAP, Oracle, JDA Software Group, Inc., Infor Global Solutions, Manhattan Associates, GT Nexus, Descartes Systems Group, IBM Corporation, Kinaxis Inc., High Jump, Epicor Software Corporation, Kewill Systems, BluJay Solutions, IFS, Verizon Connect, SPS Commerce, Inc., Dassault Systemes, Coupa, Basware, WiseTech Global, e2open, Jaggaer, GEP, Zycus, Plex Manufacturing Cloud, QAD, Inc., Sage, Vanguard Software, Quintiq and Unit4. Home Depot, one of the biggest retailers selling home improvement and construction products and services used to have separate logistics management departments in every single physical store to utilize replenishment and store management-related activities. This was costly as each store had to process the replenishment orders to get the required materials from the suppliers separately. After realizing that the de-centralization of the logistics management was a major issue, Home Depot decided to centralize those individual departments into one department in its corporate headquarters. With the help of technology and right SCM software solutions, Home Depot’s new centralized inventory and replenishment department’s overall performance improved the demand forecast accuracy and decreased the cost of operations for the replenishment orders. Supply chains are continuously evolving with data at the center of every stage in the value chain. With a huge amount of data generated, there is an enormous challenge in the form of data and IT security risks. Protecting the privacy and still sharing data across the supply chain is a major challenge which could become a roadblock for the SCM software industry. The Target breach was caused by lax security at an HVAC vendor wherein personal information of as many as 70 million people was compromised. The information stolen included customer names, credit or debit card number, the card’s expiration date and CVV number. Asia-Pacific was the largest region in the supply chain management SCM software market in 2022. North America was the second largest region of the global supply chain management SCM software market share. The regions covered in the global supply chain management SCM software market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the supply chain management SCM software market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The supply chain management SCM software market includes revenues earned by entities by developing and distributing software that manages the flow of products and information across the supply chain, thereby strengthening the supply chain operations in an organization. Software such as SCMs are used to bring equilibrium between supply and demand by improving business processes and plan future needs using algorithms that provide consumption analysis. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The supply chain management SCM software market research report is one of a series of new reports from The Business Research Company that provides supply chain management SCM software market statistics, including supply chain management SCM software industry global market size, regional shares, competitors with a supply chain management SCM software market share, detailed supply chain management SCM software market segments, market trends and opportunities, and any further data you may need to thrive in the supply chain management SCM software industry. This supply chain management SCM software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The robotics technology refer to the engineering and operation of machines capable of performing physical tasks autonomously or semi-autonomously on behalf of humans. The primary goal of robotics is to build devices that work automatically and perform complex jobs faster and more efficiently than humans. Robotics can take on several forms and is used in various verticals to reduce errors, increase efficiency, and cut down the long work hours. The main types of robotic technologies are industrial robots, mobile robots, service robots, and others. An industrial robot is a mechanical machine that is programmed to perform production-related tasks automatically in industrial environments. The different components include hardware, software, and services that are applied to aerospace manufacturing, agriculture, automotive manufacturing, building maintenance, chemical and fuel processing, construction, consumer product manufacturing, and other end users. The global robotics technology market is segmented - 1) By Type: Industrial Robots, Mobile Robots, Service Robots, Other Types 2) By Component: Hardware, Software, Service 3) By End User: Aerospace Manufacturing, Agriculture, Automotive Manufacturing, Building Maintenance, Chemical and Fuel Processing, Construction, Consumer Products Manufacturing, Other End Users The global robotics technology market size will grow from $75.89 billion in 2022 to $88.8 billion in 2023 at a compound annual growth rate (CAGR) of 17.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the robotics technology is expected to grow to $155 billion in 2027 at a CAGR of 14.9%. The increasing shift towards automation is driving the growth of the robotic technology market. The increasing use of automation, artificial intelligence, and other technologies is altering how humans and machines interact. Many organizations have expanded automation to indicate that it will allow intelligent machines to make complex or mission-critical decisions. The use of automation is deployed across an enterprise and ecosystem to build a more adaptable business that can respond quickly and adopt new technological operating models. This shift towards automation from the traditional method has changed the market dynamics, leading to an increase in the adoption of robotics technology. For instance, according to a July 2020 survey of 1,500 executives from 21 industries in 26 countries conducted by IBM, a US-based technology corporation, 79% of organizations that are scaling intelligent automation expect their company to outperform the competition in terms of revenue growth. Furthermore, 75% of respondents indicated that their digital and automation projects add the most value to the company in the area of customer experience. Therefore, the increasing shift towards automation will drive the robotics technology market going forward. Major players in the robotics technology market are ABB Group, FANUC Corp, Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corp., Denso Corporation, Yaskawa Electric Corporation, Omron Corporation, Seiko Epson Corporation, Stäubli Robotics, Komatsu, Epson, Panasonic, Nachi Fujikoshi, and Adept Technology. Technological development has emerged as a key trend gaining popularity in the robotics technology market. Robotics is useful in a wide range of manufacturing industries, including food, automotive, and aerospace. The market is witnessing the adoption of a wide variety of complementary technologies in robotics such as computer vision, natural language processing (NLP), speech recognition, edge computing, and others to ensure the safety and increase productivity, efficiency, quality, and consistency of products. For instance, in August 2020, Mitsubishi Electric India, a manufacturer of electrical and electronic products, launched MELFA ASSISTA, a series of collaborative robots. These robots can collaborate with humans while emphasizing more on safety features such as collision detection and adhering strictly to international safety and robotic standards ISO 10218-1 and ISO/TS15066. The MELFA ASSISTA series of collaborative robots includes the RT VisualBox programming tool, which enables the intuitive development of operational sequences by combining block diagrams into a chain of events. In July 2021, ABB Group, a European-based automation company, acquired ASTI Mobile Robotics Group for an undisclosed amount. This acquisition will broaden ABB's robotics and automation offering, allowing it to deliver a unique automation portfolio while expanding into new industry segments, making it the only company to offer a comprehensive portfolio. ASTI Mobile Robotics Group is a European-based manufacturer of the autonomous mobile robot (AMR). Asia-Pacific was the largest region in the robotics technology market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the robotics technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the robotics technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The robotics technology market consists of revenues earned by entities by providing consumer robots and medical robots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The robotics technology market research report is one of a series of new reports from The Business Research Company that provides robotics technology market statistics, including global market size, regional shares, competitors with a robotics technology market share, detailed robotics technology market segments, market trends and opportunities, and any further data you may need to thrive in the robotics technology industry. This robotics technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The industrial robots in the 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. The main product types of industrial robots are mobile robots, articulated robots, cylindrical robots, scara robots, parallel robots, and cartesian robots. A mobile robot is a machine that is operated by software and uses sensors as well as other technology to identify and move about its surroundings. Mobile robots operate by combining artificial intelligence (AI) and physical robotic elements such as wheels, rails, and legs. The functions of industrial robots include pick and place, palletizing and de-palletizing, transportation, and packaging. The various applications involved are e-commerce, automotive, consumer electronics, food and beverage, healthcare, and other applications. The global industrial robots (warehousing and storage robots) market is segmented - 1) By Product Type: Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots, Parallel Robots, Cartesian Robots 2) By Function: Pick & Place, Palletizing & De-palletizing, Transportation, Packaging 3) By Application: E-commerce, Automotive, Consumer Electronics, Food & Beverage, Healthcare, Other Applications The global industrial robots (warehousing and storage robots) market size will grow from $5.39 billion in 2022 to $6.18 billion in 2023 at a compound annual growth rate (CAGR) of 14.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global industrial robots (warehousing and storage robots) is expected to grow from $10.46 billion in 2027 at a CAGR of 14.1%. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The increase in the movement of goods is due to the boom in the E-commerce industry and their commitment to shortest-time delivery. Industrial robots are used to speed up the process in the warehouses and storage industry. For instance, in 2022, Geodis signed an expanded agreement with Locus Robotics, an autonomous mobile robots (AMRs) supplier, to deploy 1,000 AMR robots at warehouses globally. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. Major players in the industrial robot market are ABB, Amazon, Yaskawa Electric Corp., Honeywell Intelligrated, Omron Corporation, Fetch Robotics, Inc., Fanuc Corp., Bastian Solutions, Yamaha Robotics, and Siemens AG. The high cost of industrial robots limits the growth of the market. Industrial robots are capital intensive due to the use of the latest technology and sensors to operate efficiently and should withstand the weights. The cost of the setup for a warehouse operation of 50-100 robots costs between $2 million to 4 million which is a high investment. This high cost of robots prevents the easy adoption of industrial robots, limiting the growth of the market. The picking process in the warehouse is increasingly being automated with increased demand in the E-commerce industry, to reduce the pickup time of items. The automated robot gathers items and brings them to a central location, where an employee can fulfil 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 them into crates, which are moved onto conveyors and carried to shelves where an employee picks the crate and delivers the order to the customer helping in delivering the groceries fast. Asia-Pacific was the largest region in the industrial robots market in 2022. Western-Europe was the second-largest region in the global industrial robots market share. The regions covered in the global industrial robots in the warehousing and storage market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the industrial robots market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The industrial robots in the warehousing and storage market consist of sales of delta robots, polar robots, and collaborative robots. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The industrial robots in the warehousing and storage market research report are one of a series of new reports from The Business Research Company that provides industrial robots in the warehousing and storage market statistics, including industrial robots in the warehousing and storage industry global market size, regional shares, competitors with industrial robots in the warehousing and storage market share, detailed industrial robots in the warehousing and storage market segments, industrial robots in the warehousing and storage market trends and opportunities, and any further data you may need to thrive in the industrial robots in the warehousing and storage industry. These industrial robots in the warehousing and storage market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A smart robot is a computerized reasoning (AI) device that is capable of observing its environment and context and producing its skills in the light of the comprehensive learning process. Smart robots are used for research, manufacturing and even human applications. The main types of smart robots are professional service robots, personal service robots, and collaborative robots. A professional service robot is a smart robot used for commercial tasks. These include cleaning robots for public places, delivery robots in offices or hospitals, fire-fighting robots, rehabilitation robots and surgery robots in hospitals. A personal service robot is a smart robot that is used for a non-commercial task, and these include domestic servant robots, automated wheelchairs, personal mobility assist robots and pet exercising robots. Smart robots are used in manufacturing, healthcare, defence, energy and utility, and other industries. The global smart robots market is segmented – 1) By Component: Hardware, Software, Services 2) By Product: Professional Service Robots, Personal Service Robots, Collaborative Robots 3) By End-User: Industrial, Residential, Commercial 4) By Application: Manufacturing, Healthcare, Defense, Energy and Utility, Other Applications The global smart robots market size grew from $10.93 billion in 2022 to $13.79 billion in 2023 at a compound annual growth rate (CAGR) of 26.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of smart robots is expected to grow to $35.14 billion in 2027 at a CAGR of 26.3%. The increasing penetration of smart robots in industries is predicted to boost the growth of the smart robot market over the coming years. Smart robots are a mix of advanced technology and efficient hardware that uses smart sensor technology (such as ultrasonic, light and touch sensors) to communicate with the physical world surrounding them. In Industry 4.0, modern robots are employed in production operations that often work around the clock without human supervision. According to the recent World Robotics 2020 report by the International Federation of Robotics (IFR), revealed that around 2.7 million industrial robots are working in industries across the globe, a rise of 12%. Furthermore, in June 2021, according to the figures from the International Federation of Robotics (IFR), a Germany-based non-profit organisation, Europe experienced double-digit growth of 15%, with 78,000 units installation of robots. Therefore, the increasing penetration of smart robots in industries drives the growth of the smart robots market. Major players in the smart robots market are iRobot, SoftBank Robotics Group, ABB, KUKA, FANUC, Hanson Robotics, Yaskawa Electric Corporation, Rethink Robotics, Blue Frog Robotics, Universal Robots, DeLaval, Intuitive Surgical, Aethon, Samsung Electronics, GeckoSystems, Honda Motor Company Ltd., Omron Adept Technologies, Inc., GreyOrange pte Ltd., Kongsberg Maritime, ECA GROUP, Neato robotics, Bluefin Robotics, Puresight Systems Pvt. Ltd., AIBRAIN Inc., Brain Corporation, Cyberdyne Inc., Epson America Inc., Lely, OTC Daihen Inc., and F&P Personal Robotics. Smart robots are now used in various applications including agriculture and this is a key trend gaining popularity in the smart robots market. Companies operating in the smart robots market are focusing on developing smart robots that can be used in agriculture. For instance, in 2020, Farmwise, a US-based robotics company, is creating autonomous agricultural robots to provide farmers with higher yields, more income, and a healthier climate. The company begins with an advanced weeding robot that can collect weeds from farms efficiently, reducing or removing the necessity for chemical pesticides. According to FarmWise, the robots have effectively eliminated weeds from more than 10 million plants. In April 2021, Hitachi Ltd., a Japan-based conglomerate corporation, acquired 96% shares of Kyoto Robotics Corporation for an undisclosed amount. With the acquisition of Kyoto Robotics, Hitachi could deliver one-stop and rapid robotic system integration for a whole automated line in logistics and factory automation. Kyoto Robotics Corporation is a Japan-based manufacturer of intelligent robotic systems, 3D vision systems, control systems. North America was the largest region in the smart robots market in 2022. Asia Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the smart robots market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the smart robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart robots market consists of sales of sensors, actuators, power sources. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart robots market research report is one of a series of new reports from The Business Research Company that provides smart robots market statistics, including smart robots industry, global smart robots market size, regional shares, competitors with a smart robots market share, detailed smart robots market segments, market trends and opportunities, and any further data you may need to thrive in the smart robots industry. This smart robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A machine is an equipment with several moving parts that are mechanically, electrically, or electronically operated to perform a specific task. The main types of machinery are automatic and semi-automatic. Automatic machinery refers to machinery that works automatically without human intervention. The specificities are small, medium, and large. The various applications are automotive, precision engineering, transport, and other applications. The global machinery market is segmented - 1) By Type: Automatic, Semi-Automatic 2) By Capacity: Small, Medium, Large 3) By Application: Automotive, Precision Engineering, Transport, Other Applications Subsegments Covered: Construction Machinery, Agricultural Implement, Mining And Oil And Gas Field Machinery, Woodworking And Paper Machinery, Other Industrial Machinery, Printing Machinery And Equipment, Semiconductor Machinery, Food Product Machinery, Other Commercial And Service Industry Machinery, Photographic And Photocopying Equipment, Optical Instrument And Lens, HVAC And Commercial And Industrial Refrigeration Equipment, Commercial Fan And Air Purification Equipment, Heating Equipment (except Warm Air Furnaces), Special Die And Tool, Die Set, Jig, And Fixture, Machine Tool, Industrial Mold, Rolling Mill And Other Metalworking Machinery, Cutting Tool And Machine Tool Accessory, Commercial Internal Combustion Engines, Turbine And Turbine Generator Set Units, Mechanical Power Transmission Equipment, Speed Changer, Industrial High-Speed Drive, And Gear The global machinery market size grew from $3,542.77 billion in 2022 to $3,810.37 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global machinery market is expected to grow to $4,928.07 billion in 2027 at a CAGR of 6.6%. Rapid advances in technology are expected to drive innovation in machinery manufacturing, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence, and big data analytics are being used in manufacturing thus resulting in higher productivity, lower operating costs, and higher margins. For instance, according to a global survey by The Economist Intelligence Unit, about 90% of corporate executives felt that artificial intelligence (AI) will have a positive impact on a company’s growth and 86% of respondents considered that AI will help improve productivity. Lower operating costs lead to higher margins, this allows companies to increase product portfolios and enter new markets by making investments made through cost savings. IoT applications are also being integrated into these devices to enable services such as remote monitoring, and central feedback systems and to offer other services. Mobile applications, advanced sensors, and embedded software also created new opportunities for companies in this market. These factors are expected to drive the machinery manufacturing market during the forecast period. Major companies in the machinery market include Caterpillar Inc., Deere & Company, Hitachi Ltd., Mitsubishi Heavy Industries Ltd., Komatsu Ltd., Johnson Controls International plc, Gree Electric Appliances Inc., Midea Group co Ltd., Canon Inc., and Tetra Laval International S.A. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the machinery manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Machinery manufacturers depend heavily on the supply of raw materials, parts, and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the machinery manufacturing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. HVAC systems are being integrated with building automation systems for the overall management of a building to maximize energy efficiency. BAS receives analog or digital inputs from the sensors installed in HVAC and the integrated system is managed by a single dashboard accessed from a computer. These integrated systems improve building performance, save energy, and shrink the environmental footprint. HVAC systems account for 60-70% of the total energy consumption of a typical commercial building, thus integrated systems enable commercial establishments to reduce power consumption. For example, advanced BAS technology integrates lighting, water, elevators, security, and HVAC systems into a single automated platform. An integrated lighting and HVAC system automatically controls the lighting and temperature to ideal levels, thus reducing energy consumption and costs. GE and Trane are offering solutions that integrate HVAC with BAS. The Asia-Pacific was the largest region in the machinery market in 2022. Western Europe was the second largest region in the machinery market. The regions covered in the this machinery market analyis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the machinery market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The machinery market consists of sales of industrial and commercial machinery such as farm machinery and equipment, construction machinery, oil and gas field and underground mining machinery and equipment, food and beverage manufacturing machinery, semiconductor manufacturing machinery, sawmill and woodworking machinery (except handheld), printing and binding machinery and equipment, photographic and photocopying equipment, automatic vending machinery, commercial laundry and dry-cleaning machinery, office machinery, automotive maintenance equipment (except mechanics' hand tools), commercial-type cooking equipment and machinery for making paper products, textiles, plastic products, rubber products and optical instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. the value of goods in this market includes related services sold by the creators of the goods. The machinery market is segmented into agriculture, construction, and mining machinery; industrial machinery; commercial and service industry machinery; ventilation, heating, air-conditioning, and commercial refrigeration equipment; metalworking machinery; engine, turbine, and power transmission equipment; and other general purpose machinery. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The machinery market research report is one of a series of new reports from The Business Research Company that provides machinery market statistics, including machinery industry global market size, regional shares, competitors with a machinery market share, detailed machinery market segments, market trends, and opportunities, and any further data you may need to thrive in the machinery industry. This machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.