The warehouse robotics market is estimated to be worth USD 6.1 billion in 2023 and is projected to reach USD 10.5 billion by 2028, at a CAGR of 11.4% during the forecast period. Growing adoption of warehouse robotics by small and medium-sized enterprises (SMEs) is a major factor driving the global growth of the warehouse robotics market. Moreover, high setup cost and infrastructure requirements are key restraints affecting the market growth.
The key players in the warehouse robotics market include Daifuku Co., Ltd. (Japan), KION GROUP AG (Japan), KUKA AG (Germany), ABB (Switzerland), FANUC CORPORATION (Japan), Geekplus Technology Co., Ltd. (US), GreyOrange (US), Murata Machinery, Ltd. (Japan) and many more. The market players have adopted various strategies such as the development of advanced products, partnerships, collaborations, agreements, joint ventures, and acquisitions to strengthen their position in the warehouse robotics market. The organic and inorganic strategies have helped the market players expand globally by providing advanced solutions for warehouse robotics.
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Daifuku Co., Ltd. (Japan)
Daifuku is a leading global provider of warehouse automation and robotics solutions, specializing in delivering innovative technologies that enhance operational efficiency and productivity. With a strong commitment to customer satisfaction, Daifuku offers a comprehensive range of advanced systems such as automated storage and retrieval systems (AS/RS), robotic picking and sorting systems, and intelligent conveyor systems.
KION GROUP AG (Japan)
KION Group AG is a renowned global warehouse automation and robotics solutions provider, specializing in delivering cutting-edge technologies that enhance logistics and material handling operations. With a customer-centric approach, KION Group offers a comprehensive portfolio of advanced systems, including automated guided vehicles (AGVs), robotic picking solutions, and integrated warehouse management systems. By leveraging automation and robotics, KION Group helps businesses optimize their warehouse processes, improve productivity, and achieve operational excellence.
KUKA AG (Germany)
KUKA AG is a leading global provider of warehouse robotics solutions, specializing in delivering advanced technologies that transform material handling and logistics operations. With a customer-focused approach, KUKA AG offers diverse robotic systems tailored for warehouse applications, including robotic arms, autonomous mobile robots (AMRs), and intelligent picking solutions. By integrating robotics, KUKA AG helps businesses optimize their warehouse processes, improve efficiency, and enhance overall operational performance.
Warehouse Robotics Market by Type (AMR, AGV, Articulated, Cylindrical, SCARA, COBOT, Parallel, Cartesian), Payload Kg (<20, 20-100, 100-200, >200), Function (Transportation, Pick & Place, Palettizing, Packaging), Industry, Region - Global Forecast to 2028
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