Published on : Jun 10, 2019
With sustainable energy, 3D printing, big data analytics, gene sequencing and self-driving cars affecting future in a positive way, warehouse robotics is touted as the quantum leap in the technology trend which is set have an overarching impact on the market.
Automation is swiftly creeping into the warehouse landscape, thereby aiding workers pick goods faster than ever before. The burst in warehouse aligns with the development of e-commerce. When it comes to automation, warehouse is cutting edge as the number of robots in Amazon’s warehouses has staggeringly surpassed 100,000 mark using AWS cloud in 2019 from deploying merely 1,000 robots in 2013. Packing goods for shipping has often been dubbed “tedious work,” thereby leading to low pay and eventually leading to employee turnover.
These insights are draw resemblance from the intelligence report, titled, “Warehouse Robotics Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027,” which has been freshly added to Market Research Hub’s (MRH) exhaustive repository.
Presently, warehouse landscape is facing a labor shortage, in spite of the added help of the automation. In order to eliminate human work, GreyOrange and Amazon are building picking robots. With the state-of-the-art technology, big players eye to propel efficiency, lower prices, reduce defects and enhance workplaces. As such, the market for warehouse robotics is slated to surpass over USD 9,500 million value and grow at the rate of around 12 percent by 2027-end.
Owing to current fad revolving around robotics, various countries are offering considerable grants aimed at fostering the next robotics revolution within their own territories. In 2015, it was reported that China has joined hands with Russia to develop a massive USD 200 million robotics research center and startup incubator. A month later, Japan announced the creation of the Robot Revolution Initiative Council propelled by 200 companies with a 5-year plan to bolster the use of intelligent machines in supply chains and manufacturing, namely.
Warehouse Robotics Market: Report Content
Qualitative and quantitative analysis underpin the report on the warehouse robotics market. Further, the report extensively focuses on facets in the market that are expected to have impact on the development of the warehouse robotics market in both small- and large-scale. Those facets include, drivers, opportunities, restraints and trends. Nevertheless, the report also focuses on segmentation of the market that aims at providing an exhaustive analysis on warehouse robotics.
Furthermore, the report delineates benchmarking that is aimed at assessing the performance of the products, solutions and business processes. Benchmarking also focuses on the performances of rival companies— both within and outside the industry in quest for better performance.
The dynamic and in-depth analysis of the competitive scenario of the warehouse robotics market counts on Porters’ Five Force Analysis. Additionally, the Porters’ Five Force Analysis offers exhaustive analysis on the potential strategies of the pertinent players in the warehouse robotics market. Meanwhile, the business strategies depends upon product portfolio, company profile, recent development, SWOT analysis, and key differentiation.
Warehouse Robotics Market: Research Methodology
The report on warehouse robotics banks on primary research and secondary research that offers deep dive and intelligence insights on the market. Nevertheless, the report counts on authentic, unbiased and veracious sources that have significant bearing in preparation of the report. Meanwhile, the report also hinges upon primary sources that is fostered by honest and intelligent analysis from well-grounded experts, telephonic interview and thorough analysis from seasoned analyst, and surveys. In addition, the secondary sources incorporates EC filing, Factiva, press release, trade journals, governmental websites and resourceful database.
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