Piece Picking Robots Market Share

Market Share of Piece Picking Robots Industry

The piece-picking robot market includes several key players, including SSI Schaefer, Swisslog, Dematic, and RightHand Robotics. Their presence and ongoing innovations are reshaping the market landscape.

For instance, in September 2023, MOVU Robotics, a significant player in crafting and deploying advanced warehouse automation solutions, announced its latest innovation, the 'Movu Eligo' robot picking arm. Given their market penetration and advanced product offerings, competitive rivalry is set to escalate during the forecast period. 

With moderate entry barriers, several Venture Capital (VC)-)-backed newcomers have gained traction, potentially heightening market competition. To secure a competitive advantage, players enhance bot capabilities for better Return on Investment (ROI) and quicker pick rates. They also invest in advanced technologies like Artificial Intelligence (AI), deep learning, and vision tech. Moreover, consistent access to quality components boosts performance. In summary, the market is characterized by intense competition and high rivalry.

Piece Picking Robots Market Leaders

1. Plus One Robotics Inc.

2. Ocado Group Plc

3. Universal Robots A/S (TERADYNE, INC.)

4. XYZ Robotics Inc.

5. Righthand Robotics Inc.

*Disclaimer: Major Players sorted in no particular order