NA Warehouse Robotics Market Size (2024 - 2029)

The North American warehouse robotics market is experiencing significant growth, driven by advancements in technology such as the Industrial Internet of Things and sensor technologies. These innovations are enhancing operational efficiency and logistics within various industry verticals, allowing for improved tasks like material handling and warehouse security. The increasing adoption of automated systems, particularly in food distribution, further underscores the expanding market size. The impact of global events, such as the Coronavirus pandemic, has also influenced the market dynamics, highlighting the importance of robotics in maintaining operational continuity in warehousing and industrial activities.

Market Size of NA Warehouse Robotics Industry

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NA Warehouse Robotics Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 11.20 %
Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in no particular order

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North America Warehouse Robotics Market Analysis

The North American warehouse robotics market is expected to reach a CAGR of 11.2%, during the period of 2020-2025. The emergence of the Industrial Internet of Things (IIoT) and the advent of a network of connected systems are helping industries perform a multitude of tasks, such as material batching, picking, ordering, packaging, warehouse security, and inspection, as well as improve the operational efficiency by huge margins.

  • Significant technological advancements, such as sensors technologies which enable an enhanced object perception and an accurate positioning system, have made way for the robotics industry to explore the untapped potential in various warehousing applications, while attaining an optimal operational flow and logistics efficiency, among other accomplishments, across the different industry verticals.
  • According to the British Government's Health and Safety Statistics, in 2015, the rate of fatal injuries at work in Great Britain was 0.46 fatalities per 100,000 workers with over 144 worker deaths, compared to 142 fatal deaths in 2014. The numbers are comparable to the United States at 3.4 per 100,000 which has a higher fatality ratio. The percentage of employees taking time off from work due to workplace injuries is also one of the factors concerning the companies. Labor time off and medical expenses increase the costs of the companies, thus affecting the total expenditure. According to Occupational Safety and Health Act (OSHA), It has been estimated that companies around the world spend around USD 1 billion per week as compensation for workplace injuries. Thus, the need for providing safer workplaces is the primary focus in industries.
  • Furthermore, various food distribution companies are embracing the automatic storage and retrieval systems (AS/RS). According to Dematic, a supplier of integrated automated technology, software, and services in the United States, more than 50% of its food distribution customers are adopting AS/RS to existing buildings.
  • The outbreak of Coronavirus and the lockdown across the world have affected the warehousing and industrial activities, especially in countries, such as the United States, the United Kingdom, France, and Israel, which manufacture a significant portion of the warehouse robots, such as Automated Storage and Retrieval Systems (AS/RS), Automated Guided Vehicles (AGVs), Automated Guided Carts (AGCs), Autonomous Mobile Robots (AMRs), and others, such a Articulated Robotic Arms and Unmanned Aerial Vehicles.

North America Warehouse Robotics Industry Segmentation

Warehouse robotics refers to the usage of automated robots and specialized software that is used in the transportation of materials, performing various tasks, and streamlining or automating the whole warehouse processes. In recent years, robotics has gained significant importance in supply chain, distribution center, and warehouse management circles and continues to play a significant role in warehouse automation. The market is segmented based on type, function, end user, and Country.

Type
Industrial Robots
Sortation Systems
Conveyors
Palletizers
Automated Storage and Retrieval System (ASRS)
Mobile Robots (AGVs and AMRs)
Function
Storage
Plastic Bottles
Packaging
Trans-shipments
Other Functions
End User
Food and Beverage
Automotive
Retail
Electrical and Electronics
Pharmaceutical
Other End Users
Country
United States
Canada
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NA Warehouse Robotics Market Size Summary

The North American warehouse robotics market is experiencing significant growth, driven by advancements in technology and the increasing demand for automation in logistics and supply chain operations. The integration of the Industrial Internet of Things (IIoT) and connected systems has enhanced operational efficiency by streamlining tasks such as material handling, packaging, and warehouse security. Technological innovations, particularly in sensor technologies, have enabled improved object perception and positioning, allowing for optimal operational flow and logistics efficiency. The rise of e-commerce has further accelerated the adoption of warehouse robotics, as companies seek to meet the growing consumer demand for faster and more reliable order fulfillment. This shift is also influenced by labor shortages and the need to reduce operational costs, prompting businesses to invest in automated solutions.

The market is characterized by a moderate level of fragmentation, with key players like Honeywell and Kiva Systems (Amazon Robotics LLC) leading the industry. These companies are expanding their market presence through strategic partnerships and collaborations, aiming to enhance their customer base and profitability. The competitive landscape is marked by significant investments in research and development, as seen with Amazon's establishment of a dedicated robotics hub. The market's growth is also supported by the increasing penetration of e-commerce in North America, which has necessitated the expansion of warehouse and delivery infrastructure. As a result, the warehouse robotics market is poised for continued expansion, driven by technological advancements and the evolving needs of the retail and logistics sectors.

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NA Warehouse Robotics Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Industry Forces Analysis

      1. 1.2.1 Threat of New Entrants

      2. 1.2.2 Bargaining Power of Buyers

      3. 1.2.3 Bargaining Power of Suppliers

      4. 1.2.4 Threat of Substitutes

      5. 1.2.5 Intensity of Competitive Rivalry Competitors

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Impact of COVID-19 on the industry

    5. 1.5 Market Drivers

      1. 1.5.1 Increasing Number of SKUs

      2. 1.5.2 Growth of E-commerce in Developing Countries

    6. 1.6 Market Challenges

      1. 1.6.1 Stringent Regulatory Requirements

      2. 1.6.2 Hight Cost

  2. 2. Market Segmentation

    1. 2.1 Type

      1. 2.1.1 Industrial Robots

      2. 2.1.2 Sortation Systems

      3. 2.1.3 Conveyors

      4. 2.1.4 Palletizers

      5. 2.1.5 Automated Storage and Retrieval System (ASRS)

      6. 2.1.6 Mobile Robots (AGVs and AMRs)

    2. 2.2 Function

      1. 2.2.1 Storage

      2. 2.2.2 Plastic Bottles

      3. 2.2.3 Packaging

      4. 2.2.4 Trans-shipments

      5. 2.2.5 Other Functions

    3. 2.3 End User

      1. 2.3.1 Food and Beverage

      2. 2.3.2 Automotive

      3. 2.3.3 Retail

      4. 2.3.4 Electrical and Electronics

      5. 2.3.5 Pharmaceutical

      6. 2.3.6 Other End Users

    4. 2.4 Country

      1. 2.4.1 United States

      2. 2.4.2 Canada

NA Warehouse Robotics Market Size FAQs

The NA Warehouse Robotics Market is projected to register a CAGR of 11.20% during the forecast period (2024-2029)

Honeywell International Inc., Omron Adept Technologies, Kiva Systems (Amazon Robotics LLC), InVia Robotics Inc. and Locus Robotics are the major companies operating in the NA Warehouse Robotics Market.

North America Warehouse Robotics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)