Increasing Adoption of Warehouse Robotics By Small and Medium-Sized Enterprises (SMES)

This research report categorizes the overall warehouse robotics market on the basis of type, software, function, payload capacity, industry, and geography.

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Warehouse Robotics Market, by Type

• Mobile Robots
• Articulated Robots
• Cylindrical Robots
• SCARA Robots
• Parallel Robots
• Cartesian Robots

Warehouse Robotics Market, by Software

• Warehouse Management System
• Warehouse Control System
• Warehouse Execution System

Warehouse Robotics Market, by Function

• Pick and Place
• Palletizing and Depalletizing
• Transportation
• Packaging

Warehouse Robotics Market, by Payload Capacity

• 0.5 kg to 10 kg
• 11 kg to 80 kg
• 81 kg to 180 kg
• 181 kg to 300 kg
• 301 kg to 900 kg
• More Than 900 kg

Warehouse Robotics Market, by Industry

• E-Commerce
• Automotive
• Electrical and Electronics
• Metal and Machinery
• Chemical, Rubber, and Plastic
• Food and Beverages
• Pharmaceuticals
• Others (Paper & Printing And Textile & Clothing)

Warehouse Robotics Market, by Geography

• North America
• Europe
• Asia-Pacific (APAC)
• Rest of the World (RoW)

Available Customizations:

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Company Information:

Detailed analysis and profiling of additional market players (up to five)

Active funding from venture capitalists to drive global warehouse robotics market demand close to USD 4.44 billion by 2022

In the past few years, the warehouse robotics ecosystem has witnessed a significant growth in startup companies. Fetch Robotics, Inc. (U.S.), IAM Robotics (U.S.), Magazino GmbH (Germany), GreyOrange Pte Ltd. (Singapore), Locus Robotics (U.S.), Geek+ Inc. (China), and InVia Robotics, Inc. (U.S.) are some of the fastest growing startup companies in this ecosystem. These players are offering cost-effective, flexible, and efficient mobile robots, which can be used for automating various warehouse operations such as storage and retrieval, palletizing and depalletizing, transportation, and packaging.

In the warehouse robotics ecosystem, venture capitalists are actively funding these startup companies. For instance, in April 2016, Siemens Innovative Ventures (Germany) partnered with Magazino GmbH and owns 49.9% of shares of Magazino GmbH. In May 2016, Locus Robotics (U.S.) raised USD 8 million in Series-A funding. In August 2015, GreyOrange Pte Ltd. (Singapore) received Series-B funding of USD 30 million from its existing investors Tiger Global Management (New York) and Blume Ventures (India). In April 2015, Geek+ Inc. (China) received Series-A funding of USD 1.5 million from ALOG Technology Logistics (China). These companies are using the funding for new product development, product commercialization, and geographic expansion. These factors are expected to increase the demand for warehouse robots.

Market Dynamics:

• Drivers:
  • Growing e-commerce industry
  • Active funding from venture capitalists
  • Need for enhanced quality and reliability in warehouse operations
  • Increasing adoption of warehouse robotics by SMEs
• Restraints:
  • High set up cost
  • Lack of skilled workforce
• Opportunities:
  • Integration of Industry 4.0 with warehouse robots
• Challenges:
  • Lack of awareness in developing countries
  • Designing an advanced robotic system that meets the requirement of consumers in the era of Industrial Internet of Things (IIoT)