Covid-19 Impact on Warehouse Robotics Market 2020 Global Size, Share, Analytical Overview, Growth, Future Prospects and Regional Forecast 2023
Jun 9, 2020
Market Research Future published a research report on “Warehouse Robotics Market Research Report - Global Forecast To 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India - June 9, 2020 /MarketersMedia/ —
Market Scope
Market Research Future (MRFR) confirms that the warehouse robotics market 2020 can attain a strong valuation of USD 5 billion by 2023-end. The market can most likely procure a CAGR of 10% from 2017 to 2023, which is the evaluation period. We will provide covid-19 impact analysis with the report. The COVID-19 research on Warehouse Robotics Market offers an in-depth analysis post the coronavirus disease outbreak.
Impact of COVID-19 Outbreak
Since the advent of SARS-CoV-2, robotic suppliers across the globe have become proactive in offering advanced solutions to diffuse the grave situation induced by the pandemic. The deployment of robotics has increased in not only manufacturing industries but for personal services as well. The use of warehouse robotics is expected to increase rapidly, especially during the lockdown period. Such robotics are being used to facilitate everyday activities, since novel coronavirus has led to workers either quarantine or fall ill.
Warehouses that make use of manual labor have been shut down, which has led to downfall of the global supply chain. This has boosted the efforts being put into mitigate the COVID-19 impact on the worldwide economy by businesses. Warehouse robotics have come in handy, ensuring continuous workflow along with steady fulfillment of orders. Warehouses robotics are able to efficiently deal with the rising number of orders as well as peaks, based on which it is safe to assume that the market can expect decent growth in the coming years. The demand for warehouse robotics is also expected to soar in the SARS-CoV-2 era, especially in industries like healthcare, which is working hard on finding a COVID-19 breakthrough.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/5039
Primary Drivers and Key Deterrents
In the years ahead, it is expected that the warehousing industry can note tremendous demand for robotic systems for reduced operational cost and time as well as better throughput. The warehouse robotics market can be presented with attractive opportunities in the form of escalating demand for automation along with the mounting awareness level with regard to safety as well as higher quality production across the world.
Rising proliferation of Artificial Intelligence (AI), machine learning and Internet of Things (IoT), and similar technologies has provided a massive boost to the warehousing industry, which can induce considerable growth in the global market. A number of companies deploy Warehouse Management System or WMS since it performs multiple functions, like labor management, Enterprise Resource Planning or ERP integration and inventory management.
The market stands to benefit from the dynamic combination of expanding retail and e-commerce sectors and the increase in energy efficiency-based technological innovations in automation. Various players are making extensive use of robotics as well as automation for more efficient operations in their warehouses. For instance, in the latter half of 2019, Amazon used 800 Xanthus and Pegasus warehouse robotics across various fulfillment centers, while boosting its robotic drive to close to 200,000 robots globally.
Global Warehouse Robotics Market Segmentation:
The primary segments considering while conducting research on the warehouse robotics market include type, software, function as well as end-users.
The types of warehouse robotics include parallel robots, mobile robots, SCARA robots, cylindrical robots, Cartesian robots, articulated robots, and more.
The software types covered in the market study are warehouse execution system, warehouse control system, warehouse management system, and others.
The function-based market categories include palletizing and de-palletizing, pick and place, packaging, transportation, and others.
End users that extensively deploy warehouse robotics are healthcare, food and beverages, consumer electronics, e-commerce, automotive, and more.
Key Players
Some of the prominent players in the global warehouse robotics market are ABB Ltd. (Switzerland), Fanuc Corp. (Japan), Kuka AG (Germany), Yaskawa Electric Corp. (Japan), Amazon.com, Inc. (U.S.) Bleum (U.S), Fetch Robotics (U.S), BlueBotics SA (Switzerland), SSI Schafer (Germany), Daifuku Co., Ltd. (Japan), Dematic Corp. (U.S), Vanderlande Industries Inc. (U.S), and Intelligent Robots Ltd (London), among others.
Get Complete Report @ https://www.marketresearchfuture.com/reports/warehouse-robotics-market-5039
Regional Analysis:
The regional study of the warehouse robots market comprises North America, APAC or Asia Pacific, Europe, and RoW or the rest of the world.
North America observes first-rate growth in the global warehouse robotics industry, thanks to the rising efforts to modernize facilities and plants with the latest technologies. Collaborative robots or Cobots have emerged as the biggest trend in the warehousing sector for better security, resulting in significant market growth in the region.
Europe has clinched the second lead in the global market, as a result of the massive demand for warehouse robotics in diverse verticals such as consumer electronics, automotive, healthcare, food and beverages, and others.
The fastest growth rate is expected to be achieved by the APAC market in the next couple of years, on account of the increasing number of production facilities and the rampant demand for high quality merchandise in the region. The noteworthy economic surge in India and China has led to higher deployment rate of warehouse robotics in retail and manufacturing industries.
Get New Updates @ https://www.linkedin.com/company/ict-mrfr
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: ABHISHEK SAVANT
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com/
Source: MarketersMedia
Release ID: 88962117
More News
P4.3M in smuggled cigarettes seized in Negros Occidental
BACOLOD CITY— Police and other law enforcement agencies seized P4.35 million worth of suspected smuggled cigarettes and arrested two men during an operation in Barangay Balicotoc, Ilog, Negros Occidental, on Sunday. The Police Regional Office-Negros Island Region (PRO-NIR) identified the suspects on Monday only by their aliases, “Mak,” 44, and “Mar,” 24, both residents of
Typhoon Champi maintains strength ahead of expected entry in PAR
MANILA, Philippines — Typhoon Champi, which is monitored outside the Philippine area of responsibility (PAR), maintained its strength on Monday morning ahead of its expected entry into the country, according to the state weather bureau. In its 11 a.m. weather bulletin, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) said that Champi was last
Suspect in Lanao del Norte attacks dies after truck hits him
ILIGAN CITY — A man suspected of killing a woman and wounding three others in separate incidents in Lala, Lanao del Norte, died after he was allegedly hit by a truck while crossing a road, police said. A police report identified the suspect as Mario Polinar, married, a resident of Purok 4A, Barangay Cabasagan in
DOLE suspends 6 Atienza shipping vessels after MV June Aster tragedy
MANILA, Philippines — The Department of Labor and Employment (DOLE) suspended the operations of six vessels of Atienza Interisland Ferries in relation to the fatal fire incident of MV June Aster, Labor Secretary Francis Tolentino said on Monday. Based on the documents shared to media on Monday, the work stoppage order dated October 12 was
Witness tells Sandiganbayan: Romualdez urged Co to run for House seat
MANILA, Philippines — Former Speaker Martin Romualdez allegedly urged former Ako Bicol Rep. Zaldy Co to run as a party-list nominee, a witness told the Sandiganbayan Third Division on Monday. Larry Bellen, a long-time former executive aide of Co, said this when he testified before the anti-graft court during Romualdez’s bail hearing, where he faces a
‘Magnificent Seven’ pioneers reunite for historic PMA installation
FORT DEL PILAR, Baguio City — The installation of the Philippine Military Academy’s first female Commandant of Cadets on Saturday, Oct.17, was a reunion of many of the pioneering women who were the country’s very first female cadets, and the men, now part of the military brass, who welcomed them to the Corps of Cadets
Tulfo calls for strict PWD rights enforcement amid podcast controversy
MANILA, Philippines – Sen. Erwin Tulfo on Monday pressed the need for a more effective implementation of laws that protect persons with disabilities (PWDs) after a derogatory remark was made against Joshua “Josh” Aquino in a podcast. Tulfo sought a review to the implementation of the laws, including the Magna Carta for Persons with Disabilities
Who is Vice Admiral Rommel Supangan, the new PCG commandant?
President Ferdinand Marcos Jr. formally appointed Vice Admiral Rommel Supangan on Monday as the new commandant of the Philippine Coast Guard (PCG).
Napolcom revises PNP exam questions to screen out diploma-mill graduates
MANILA, Philippines – The National Police Commission (Napolcom) introduced new questions in its nationwide Philippine National Police (PNP) entrance and promotional examinations as part of its effort to weed out diploma-mill graduates from the police service. A total of 41,566 civilians and police examinees took the tests from 8 a.m. to 11 a.m. on Sunday across
DOH aims to vaccinate over 2M students vs HPV under Bakuna Eskwela
The Department of Health (DOH) on Monday said it aims to vaccinate two million students against Human Papillomavirus (HPV), a virus that causes cervical cancer, under the Bakuna Eskwela program.
Marcos vows better nurse-patient ratios, more opportunities for nurses
MANILA, Philippines — President Ferdinand Marcos Jr. on Monday vowed to improve nurse-to-patient ratios, fill vacant positions, and provide more opportunities for Filipino nurses. He made the commitment during the Philippine Nurses Association (PNA), Inc.’s 2026 National Annual Convention, which coincided with its 104th Foundation Anniversary and the 69th Nurses’ Week Celebration. READ: Philippines nurse exodus
5 fishermen nabbed for alleged blast fishing in Occidental Mindoro
CALAPAN CITY, Oriental Mindoro — Five fishermen were arrested during a joint law enforcement operation for alleged blast fishing in the municipal waters of Looc, Occidental Mindoro, on Sunday afternoon. Personnel from the Looc Municipal Police Station and the local Bantay Dagat intercepted the group at around 5:30 p.m., roughly 800 meters off the coast
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.