Published Date : Oct 01, 2018
Albany, New York, Oct 01, 2018: As ecommerce retailers ramp up automation across their warehouses in a bid to deliver good faster, the demand for warehouse automation solutions will rise. A report, titled “Warehouse Automation Solutions Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026” offers a comprehensive overview of the market covering details pertaining to the trends influencing growth in the market. It presents a detailed reports into growth drivers and restraints. The report also presents insights into the most crucial growth opportunities. It is intended to help market players gauge prevailing competition and create winning growth strategies. The report is currently available for sale on MarketResearchReports.biz.
The demand for warehouse automation solutions will keep growing, spurred by their accelerating use in various tasks for better speed and safety. According to the report, the demand for warehouse automation have moved beyond manufacturing to applications as well. In the coming years, the market will see increasing implementation of warehouse automation in various functions to boost accuracy, reliability, engage lesser workforce, and consequently enabling cost reduction. Implementing warehouse automation will enable industries achieve these besides improving their overall productivity. Furthermore, the market as per the report will gain from the advent of artificial intelligence.
On the downside, the requirement of high set up costs and absence of adequate skilled labor may hinder the market to an extent. Setting up and installing warehouse automation entails huge expenditure. This may discourage smaller vendors from investing in them. Nonetheless, the rising demand for reducing the overall cost of production is likely to fuel the demand for the technology over the course of the report’s forecast period. This, coupled with technological advancements, will boost the global warehouse automation market in the coming years.
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To provide a holistic study, the report segments the global market in terms of robot type, payload capacity, function, software, and region. On the basis of robot type, the global warehouse automation solutions market can be segmented into cylindrical robots, articulated robots, mobile robots, parallel robots, SCARA robots, and Cartesian robots. In terms of software, the market can be categorized into warehouse control system, warehouse management system, and warehouse execution system. Based on function, transportation, packaging, pick and place, palletizing & de-palletizing, and packaging make the key market segments. Based on payload capacity, the market can be segmented into more than 900 kg, 301 - 900 kg, 181 - 300 kg, 81 kg - 180 kg, 11 kg - 80 kg, and 0.5 kg - 10 kg. Factors influencing growth across these segments are studied in detail in the report.
Furthermore, in terms of region the report segments the global warehouse automation market into Europe, North America, Asia Pacific, South America, and the Middle East and Africa. According to the report, the demand from North America and Europe is expected to rise considerably in the coming years.
The report also profiles companies such as FANUC Corporation, ABB Ltd., Amazon Robotics, Automation Tooling Systems, Inc., Honeywell International, Inc., and others.
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