The Global Warehouse Robotics Market size is estimated to reach US$9.5 billion by 2027, growing at a CAGR of 14% from 2022 to 2027. Increased demand for distribution center automation, fulfillment automation, warehouse digitalization and intelligent warehousing are propelling the Warehouse Robotics Industry forward during the forecast period. In June 2022, FANUC launched three new robot variants including SR-3iA/U, SR-6iA/C and SR-3iA/C variants to meet the needs of automation in assembly, packaging and inspection processes. However, the lack of a skilled workforce for the operation of these robots is hampering the market growth. Automated Warehouse Robots are being used in the e-commerce industry for Picking & Placing, Assembling & Dissembling, Transportation, Sorting & Packaging of commodities and other applications. In May 2022, ABB launched IRB 5710 and 5720 robots which provide better speed and flexibility of material handling with a payload capacity of 70kgs–180kgs. These factors are influencing the Warehouse Robotics industry outlook during the forecast period.

Europe generated approximately 28% of the global revenues in the Warehouse Robotics industry in 2021. The increasing demand for distribution center automation and fulfillment automation combined with technological advancements in automated warehouse robots are driving the Warehouse robotics industry forward across Europe during the forecast period. In May 2020, Bulgarian Automation specialist RobCo S.W.A.T. collaborated with RoboDK to provide automotive experts with advanced Industry 4.0 solutions and thereby increase the Warehouse Robotics Market size.

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Warehouse Robotics Market Growth Drivers:

  • The growing Automotive industry fosters the demand for warehouse robotics:

The automotive industry has become way more competitive in recent years. The major manufacturers in the automotive industry are constantly trying to offer differentiated values through improved warehousing automation. The automotive industry is one of the largest end-users of warehouse robots in its manufacturing and warehousing operations. The use of robots has enabled efficient and accurate material handling in the warehouse and reduced time to market the products. Simultaneously, with the help of automated warehouse robots, suppliers are trying to reduce the cost of unproductive labor hours and maximize productivity. In 2021, according to the data published by OICA, the number of passenger cars sold across the world stood at 66.7 million units. This rapidly growing automotive industry creates ample opportunities for warehouse robots which in turn positively influence the Warehouse Robotics Industry outlook during the forecast period.

The Major Players in this Market

Major players in Warehouse Robotics Market include ABB Ltd, Kuka AG, FANUC, Omron Automation, Yaskawa and Honeywell International Inc. 

In June 2022, Nau Robotics launched a new multi-joint robot ‘NURO X’ at the International Packaging Equipment Exhibition 2022. This ‘NURO X’ articulated robot is expected to change the shape of plastics to move to the conveyor after production, thereby eliminating limitations of existing orthogonal robots.

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