Warehouse Automation Solutions Market – An Objective Assessment of The Trajectory of The Market | Key Players – ABB Ltd., FANUC Corporation, Kuka AG, Yaskawa Electric Corporation

-
Warehouse automation involve robots that are designed and programmed to perform various material handling tasks. The robots can move from one aisle to another and can handle a wide variety of warehousing tasks, and can also be transferred to other warehouse buildings. There are many types of mobile and fixed robots which synchronously work to convey the inventories across the warehouse. A number of industries has fuelled the deployment of these automation solutions for efficient maneuvering of the inventories. E-commerce retailers are ramping up automation in the warehouses as they race to deliver the goods faster. The interest in warehouse automation solutions continues to grow as they are primarily used for tasks which can be done faster, better, or safely by a machine and also improve productivity of human labor.


Warehouse automation these days are not only restricted to manufacturing, but have increasing demand in other applications as well. The major key drivers pacing up the global warehouse automation solutions market are their ability to simplify and reduce time consumption in various functions, while boosting reliability, accuracy, engaging low work force, and consequently ensuring cost reduction while augmenting productivity. Artificial intelligence has helped to achieve this task and it is majorly driven by the intense competition between offline and online stores as online retailers try hard to reduce the time it takes to deliver products to their customers.

The factors hampering the growth of the global warehouse automation solutions market are high set up cost and lack of skilled labor force. Huge expenditure is entailed to set up and install warehouse robots. Vendors are trying to bring down the cost involved to increase the adoption rate of this technology. Integration of Industry 4.0 with warehouse robots serves as an opportunity for the warehouse automation solutions market.

The global warehouse automation solutions market is categorized based on robot type, software, function, payload capacity, industry, and region. Based on robot type, the market is segmented into mobile robots, articulated robots, cylindrical robots, SCARA robots, parallel robots, and Cartesian robots. On the basis of software, the market is fragmented into warehouse management system, warehouse control system, and warehouse execution system. By function, the warehouse automation solutions market is divided into pick & place, palletizing & de-palletizing, transportation, and packaging. In terms of payload capacity, the market is segmented 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 based on industry into E-commerce, automotive, electrical and electronics, metal and machinery, chemical, rubber and plastic, food & beverages, pharmaceuticals and others.

Based on region, the warehouse automation solutions market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America and Europe markets are expected to hold a prominent share share in the global market. North American players are emphasizing on modernizing the plants with technological advancements. Asia Pacific is anticipated to be the fastest growing market due to China and Japan having the largest automotive manufacturing base.


Players involved in the designing and development of warehouse automaton 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, and Wynright Corp. among others. Geodis, and Locus Robotics are testing a new autonomous system that is designed to improve warehouse productivity, decrease picking errors, and combat labor strains during peak retail seasons.

Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation ma...
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. ...
Read more

Architectural LED Products Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026

-
  Global Architectural LED Products Market: Overview  Safety is one of the key concern in architectural spaces, which is important to recognize the need for acceptable architectural lighting. Proper architectural lighting has a vital role for people occupying the architectural space. Additionally, architectural lighting attracts the person’s attention and enables the architectures for serving its true purpose with enhanced features.  The  architectural LED products market  report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the architectural LED products market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information...
Read more