Warehouse Automation Solutions Market

Integration of Industry 4.0 With Warehouse Robots Serves As An Opportunity For The Warehouse Automation Solutions Market

Warehouse automation involves robots designed and programmed to handle various material tasks. Robots can move from one hall to another, handle multiple warehousing tasks, and be transferred to other warehouse buildings. Many types of mobile and fixed robots work simultaneously to deliver inventory throughout the warehouse. Several industries have encouraged deploying this automation solution for efficient inventory maneuvers. E-commerce retailers increase warehouse automation as they race to deliver goods faster. Interest in warehouse automation solutions continues to grow because they are mainly used for tasks that can be done faster, better, or safer by machines and also increase the productivity of human labor.

Lately, warehouse automation has been limited to manufacturing and has increased demand for other applications. The primary prime movers that enhance the global warehouse automation solutions market are their ability to simplify and reduce time consumption in various functions while increasing reliability and accuracy, involving a low workforce, and consequently ensuring cost reduction while increasing productivity. Artificial intelligence has helped to achieve this task. It is mainly driven by intense competition between offline and online stores because online retailers strive to reduce the time needed to deliver products to their customers.

High regulatory costs and a lack of skilled labor hinder the market growth of global warehouse automation solutions. Organizing and installing warehouse robots requires significant expenses. Vendors are trying to reduce these costs to increase the adoption rate of this technology. Industry Integration 4.0 with warehouse robots serves as an opportunity for market warehouse automation solutions.

Market global warehouse automation solutions are categorized by type of robot, software, function, load capacity, industry, and region. Based on the kind of robot, the market is segmented into mobile, articulated, cylindrical, SCARA, parallel, and Cartesian robots. Based on software, the market is fragmented into a warehouse management system, warehouse control system, and warehouse execution system. Market warehouse automation solutions are divided into pick & place, palletizing & de-palletizing, transportation, and packaging. Regarding cargo capacity, the market is divided into 0.5 kg – 10 kg, 11 kg – 80 kg, 81 kg – 180 kg, 181 – 300 kg, 301 – 900 kg, and more than 900 kg. The market is further segmented by industry into E-commerce, automotive, electricity and electronics, metals and machinery, chemistry, rubber and plastics, food & beverage, pharmaceuticals and others.

Key Players in Warehouse Automation Solutions

Players involved in designing and developing automated warehouse solutions are

• ABB Ltd.

• FANUC Corporation

• Kuka AG

• Yaskawa Electric Corporation

• Automation Tooling Systems, Inc.

• Amazon Robotics

• Honeywell International, Inc

• Omron Corporation

• Fetch Robotics, Inc.

• IAM Robotics

• Magazino GmbH

• SSI Schaefer AG

• Locus Robotics

• Wynright Corp.

• Geodis

All are testing new autonomous systems designed to increase warehouse productivity, reduce collection errors, and combat labor tensions during the peak sales season.