IMARC Group’s latest research report, titled “Warehouse Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global warehouse robotics market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global warehouse robotics market size reached a value of US$ 5.04 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.3 Billion by 2027, exhibiting a CAGR of 13.20% during 2022-2027. Warehouse robotics uses automated robots and specialized software to perform various tasks and streamline automated warehouse processes. Nowadays, robotics has gained significant importance in the supply chain, distribution center, and warehouse management while playing an essential role in warehouse automation. These systems are extensively used in various industry verticals, such as e-commerce, automotive, pharmaceuticals, metal, and food and beverages.
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Important Attribute and highlights of the Report:
The global market is majorly driven by the rapid expansion of the e-commerce sector. In line with this, the increasing demand for automation due to the prevailing competition in e-commerce is significantly contributing to the market. Furthermore, the integration of the Industrial Internet of Things (IIoT) to aid industries perform a multitude of tasks efficiently is positively influencing the market. Various advancements in technology, such as sensors technologies that enable an enhanced object perception and an accurate positioning system, are also creating a positive outlook for the market. Moreover, the advent of Industry 4.0 and warehouse robotics systems to enable effective communication between warehouse operations is providing a boost to the market growth. Additionally, rising investments to automate the distribution centers in the food and beverage and automotive sectors for better productivity and safety are providing an impetus to the demand for warehouse robotics.
Key Players Included in Global Warehouse Robotics Market Research Report:
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
TOC for the Warehouse Robotics Market Research Report:
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