Warehouse Robotics Market Grows, Driven by Demand for Distribution Efficiency

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eCommerce plays a more prominent role in the market as consumers demand fast, efficient, and effective delivery to their doorsteps. As a result, the global warehouse robotics market will see substantial growth, particularly as demand for efficient distribution channels increases.

Technavio’s report, Warehouse Robotics Market by Application and Geography – Forecast and Analysis 2022-2026, is now available.

They estimate the market will grow by 4.1 billion USD, accelerating at a CAGR of 13.31% between now and 2026.

Warehouse robots with smart sensors and communication devices (IIOT devices) collect data, allowing operators to analyze manufacturing production. This data can help increase production efficiency and speed, drive the reliability of assets, improve cost-efficiency, and identify poorly performing components. All of this helps maximize output speed and quality.

The report looks at key vendors, including Geekplus Technology Co. Ltd., Hangzhou Kihvision Digital Technology Co., Ltd., IAM Robotics, OMRON, Teradyne, Toyota, and Yaskawa Electric Crop., among others. It also considers the vendor landscape, analyzing the effects of both small and large vendors.

The report includes a market overview, a five forces analysis, insight into market segmentation by application, and the customer landscape. It also focuses on the drivers, challenges, and trends of the market, as well as an in-depth vendor analysis.

You can request a sample report here: Download PDF Sample Report – Warehouse Robotics Market by Application and Geography – Forecast and Analysis 2022-2026 (technavio.com)

 

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