Warehouse Robotics Market worth 4.44 Billion USD by 2022 at a CAGR of 11.8%

The term warehouse robotics is used to describe the process of automating different warehouse functions such as transportation, pick and place, packaging, and palletizing and depalletizing by using fixed or mobile robots. The use of warehouse robots reduces the need of human intervention and increases the efficiency of warehouse operations. The warehouse robots are used in different industries such as e-commerce, automotive, electrical and electronics, food and beverages, and pharmaceuticals.

The warehouse robotics market is expected to be valued at USD 4.44 billion by 2022, growing at a CAGR of 11.8% between 2017 and 2022. The growth of this market is propelled by the growing e-commerce industry, need for efficient and reliable warehouse operations, active funding from venture capitalists, and increasing adoption of warehouse robotics by small- and medium-sized enterprises (SMEs).

Fanuc Corp. (Japan), Kuka AG (Germany), ABB Ltd. (Switzerland), Yaskawa Electric Corp. (Japan), and Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more, Inc. (U.S.) are some of the leading players in the warehouse robotics market. New product launches, contracts, agreements, expansions, acquisitions, partnerships, and collaborations are some of the key strategies adopted by the major players to gain a competitive edge in this market.

Fanuc Corp. is one of the key players in the warehouse robotics market. A pioneer in the development of the servo mechanism in Japan, the company is one of the leading providers of robots for warehouse operators. The company offers a highly intelligent and reliable warehouse robotic system used to carry out different warehouse operations such as palletizing, pick and place, packaging, and transportation. Fanuc Corp. has a worldwide customer service network, which has helped the company to attain a market leadership in the warehouse robotics market. Fanuc Corp.

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with the help of its research and development capabilities is known to provide a range of robotic system catering to the different needs of its customers. New product launches and expansions are the key strategies adopted by the company in the recent years. For instance, in September 2016, the company launched CR-4 iA and CR-7 iA collaborative robots. Furthermore, in October 2015, the company launched the M-2000iA/2300 with the heaviest payload capacity of 2.3 ton.

Kuka AG is one of the key suppliers of intelligent robotic solutions. The company provides a complete range of robotic system that includes robots with a payload ranging from 2 kg to 1300 kg, robot controllers, and application software. Strong customer retention, technology leadership, diversified global presence, strong brand name, and innovative offerings have helped Kuka AG to gain a competitive edge over its rivals.

The company is fostering its growth through its innovative and technological leadership and diversification of activities into new markets and regions. In 2016, Kuka AG expanded its research and development capabilities by opening a new development and technology center in Augsburg, Germany. Furthermore, with the purchase of Swisslog in October 2014, the company gained access to future markets such as warehouse logistics and healthcare.

The other companies operating in the warehouse robotics market include ATS Automation Tooling Systems, Inc. (Canada), Fetch Robotics, Inc. (U.S.), Honeywell International, Inc. (U.S.), Omron Corp. (Japan), IAM Robotics (U.S.), Magazino GmbH (Germany), SSI Schaefer AG (Germany), and Wynright Corp. (U.S.).