Global Industrial Robots Market Overview and Opportunity Assessment 2021-2030 – Massively Accelerated Movement of Goods Due to COVID-19 Boom in Ecommerce – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD) – The report “Global Industrial Robots (Warehousing and Storage Robots) Market Report 2021: Growth and Evolution of COVID-19 to 2030” has been added to ResearchAndMarkets.com offer.

Market Expected to Reach $ 6.15 Billion in 2025, Growing at a CAGR of 14%

Where is the largest and fastest growing market for industrial robots (warehousing and warehousing robots)? How does the market relate to the overall economy, demographics, and other similar markets? What forces will shape the market in the future? This global market report answers all of these questions and more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market share, trends and strategies for this market. It traces the historical and forecast growth of the market by geography. It places the market in the context of the larger industrial robots (warehousing and warehousing robots) market and compares it to other markets.

Market Snapshot

The global industrial robots (warehousing and warehousing robots) market is expected to 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 companies resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges.

The accelerated movement of goods inside the warehouse has driven industrial robots into 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 deliver in the shortest possible time. Industrial robots are used to speed up the process in warehouses and the storage industry. For example, Shopify started using warehouse robots in 2019 to reduce the delay in the movement of goods in the warehouse, thereby increasing the speed of delivery. The accelerated movement of goods inside the warehouse has driven industrial robots into the warehouse and storage market.

The warehouse picking process is increasingly automated with increased demand in the e-commerce industry, in order to reduce the item pick-up time. The automated robot gathers the items and brings them to a central location, where an employee can fill orders quickly. For example, Ocado, a UK supermarket has started using a grid of picking robots in the warehouse that picks up ordered items and delivers them to crates, which are moved on conveyors and transported to shelves where an employee collects the item. checkout and deliver the order to the customer helping to deliver groceries quickly.

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 must support the weights. The cost of setting up a warehouse of 50-100 robots costs between $ 2-4 million, which is a high investment. This high cost of robots prevents easy adoption of industrial robots, limiting market growth.

The main players in the industrial robot market are ABB, Amazon, Yaskawa Electric Corp, Honeywell Intelligrated, Omron Corporation, Fetch Robotics, Inc., Fanuc Corp, Bastian Solutions and Yamaha Robotics.

In April 2019, Amazon acquired Canvas Technology based in Boulder, United States, for an undisclosed amount. The deal adds another important element to Amazon’s robotics group’s portfolio for running central machinery. The stand-alone canvas cart uses software and 3D imaging solutions that can be applied to other hardware. Canvas Technology is an autonomous warehouse robotics start-up.

Report deliverables

  • The Market Characteristics section of the report defines and explains the market.

  • The market size section gives the market size ($ b) covering both the historical growth of the market, the influence of the COVID-19 virus, and the forecast for its growth.

  • Market segmentations break down the market into submarkets.

  • The regional and country breakdowns section gives an analysis of the market within each geography and market size by geography and compares their historical and forecast growth. It covers the growth trajectory of COVID-19 for all regions, major developed countries and major emerging markets.

  • The competitive landscape gives a description of the competitive nature of the market, market shares and a description of the major companies. The main financial transactions that have shaped the market in recent years are identified.

  • The Trends and Strategies section analyzes the shape of the market emerging from the crisis and suggests how companies can grow as the market recovers.

  • The Industrial Robots (Warehousing and Storage Robots) Market section of the report provides background. It compares the industrial robots (warehousing and storage robots) market with other industrial robot (warehousing and storage robots) market segments by size and growth, history and forecast. It analyzes the proportion of GDP, per capita expenditure, the comparison of industrial robot indicators (warehousing and storage robots).

Profiled companies

  • ABB

  • Amazon

  • Yaskawa Electric Corp.

  • Honeywell Intelligated

  • Omron Company

  • Fetch Robotics, Inc.

  • Fanuc Corp.

  • Bastian Solutions

  • Yamaha robotics

  • Siemens AG

  • Robotics Locus

  • Daifuku Co. Ltd.

  • Dematic

  • KNAPP SA

For more information on this report, visit https://www.researchandmarkets.com/r/nccdwx

Mavis R. Bernier