San Francisco, California, January 10, 2018: For warehousing vendors, for whom the demand has radically increased in the recent past on the back of flourishing ecommerce in various emerging economies, the need for improved efficiency is paramount. In the recent past, warehousing facilities have gained tremendously from the advent of robots who can automate the monotonous procedures and at a greater rate than human. Consequently, the demand in the global warehouse robotics will expand at a robust CAGR during the forecast period of 2017 to 2025, according to a recent business and commerce study by TMR Research.
The report, titled “Warehouse Robotics Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” has been prepared by professional research analysts and aspires to serve as a credible business tool for its targeted audiences such as government bodies and venture capitalists, manufacturers of components such as controllers, sensors, relays, actuators, and amplifiers, robot designers and manufacturers, and warehouse operators functioning in the fields of automotive, ecommerce, food and beverages, and electrical and electronics, and others.
Apart from the prosperity of the ecommerce sector, the global warehouse robotics market stands to gain further traction from factors such as active funding from venture capitalists in a number of emerging economies, the growing need for enhanced quality and reliability in warehouse operations, and increasing adoption of warehousing facilities by a number of small and medium enterprises (SMEs). On the other hand, lack of skilled workforce to operate these modern robotic equipment, high cost of initial set up before the production begins, lack of awareness in a number of developing nations, and the need for proper designing of how robotics can be integrated into a certain warehouse are obstructing the market from attaining its true potential. That being said, integration of Industry 4.0 with warehouse robots is expected to open up new opportunities during the forecast period of the report.
This report on the global warehouse robotics market is an intelligence study that has been developed by a group of professional research analysts who are experienced in the commerce of mechanical systems. The report offers an executive overview of how the demand for warehouse robotics has evolved in the recent past and what potential it has to further proliferate. To gauge how the market is unfolding, the report provides in-depth assessments of dynamics such as drivers, trends, challenges, and opportunities, before diving into various segments of the market. This chapter is particularly important as far as identification of most lucrative aspects of the market are concerned. Along the similar lines, the report has thrown light on how much demand can be expected out of various important regions and countries such as Germany, France, and the U.K. in Europe, China, Japan, and India in Asia Pacific, the U.S. and Canada in North America, and the Middle East and Africa. Another key feature of the report is its section on vendor competitive landscape, wherein a number of leading players have been for the products they offer, their geographical presence, and recent strategic decisions.
Foxconn Technology Group, ABB Robotics, Scape Technologies, Kiva Systems, Seegrid, Swisslog, SSI Schaefer, Teun, and Vigilant Robots are some of the key companies currently ahead of the curve in the global warehouse robotics market. Going forward, a number of new entrants are expected to make a foray into this market owing to the sheer profitability it currently promises. In addition to that, development of advanced robots that can further improve the efficiency of warehouses as well as are user friendly in terms of handling is expected to carve a niche for the companies.
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