How big is the Warehouse Robotics Market?

The Warehouse Robotics Market size is expected to reach USD 7.93 billion in 2024 and grow at a CAGR of 17.70% to reach USD 17.91 billion by 2029. Read More

What is the current Warehouse Robotics Market size?

In 2024, the Warehouse Robotics Market size is expected to reach USD 7.93 billion. Read More

Who are the key players in Warehouse Robotics Market?

ABB Limited, Kiva Systems (Amazon Robotics LLC), TGW Logistics Group GMBH, Singapore Technologies Engineering Ltd (Aethon Incorporation) and InVia Robotics Inc. are the major companies operating in the Warehouse Robotics Market. Read More

Which is the fastest growing region in Warehouse Robotics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Warehouse Robotics Market?

In 2024, the Asia Pacific accounts for the largest market share in Warehouse Robotics Market. Read More

What years does this Warehouse Robotics Market cover, and what was the market size in 2023?

In 2023, the Warehouse Robotics Market size was estimated at USD 6.53 billion. The report covers the Warehouse Robotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Warehouse Robotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Warehouse Robotics Market Trends

Statistics for the 2023 & 2024 Warehouse Robotics market trends, created by Mordor Intelligence™ Industry Reports. Warehouse Robotics trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Warehouse Robotics Industry

Mobile Robots (AGVs and AMRs) Largest Segment by Type

Mobile robots, particularly Automated Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs), dominate the warehouse robotics market. This segment captured 22.80% of global revenue in 2021, making it a pivotal driver of automation.

Strong Growth: Mobile robots are the fastest-growing segment, with a CAGR of 16.64% forecasted, indicating a clear market preference for adaptable robotic solutions.
Revenue Projections: The segment generated USD 2.25 billion in revenue in 2021 and is expected to grow to USD 5.63 billion by 2027, underlining the increased adoption in warehouses.
Technological Advancements: Investments in sensor technology, AI, and computer vision are enhancing the capabilities of mobile robots. Amazon’s acquisition of Canvas Technology for advanced autonomous robots is a notable example.
Industry Applications: Mobile robots are widely used across industries, particularly in retail (27.46% market share in 2021) and food and beverage sectors, where they enhance efficiency in product handling and temperature-controlled environments.

Warehouse Robotics Market: Quarterly E-commerce Retail Sales, in USD Billion, United States, Q2 2023 - Q2 2024

Understand The Key Trends Shaping This Market

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Asia Pacific is Expected to Hold Significant Market Share

Asia-Pacific is the dominant and fastest-growing region in the warehouse robotics market, capturing 46.72% of the global share in 2021.

CAGR Projections: The region is expected to maintain its leadership with a CAGR of 16.06%, driven by the rapid adoption of robotics technologies in countries like China and India.
Market Size: The Asia-Pacific warehouse robotics market generated USD 4.62 billion in revenue in 2021, with forecasts estimating growth to USD 11.20 billion by 2027.
E-commerce Expansion: The booming e-commerce market in India and China is a significant driver, with India's market expected to grow from USD 46.2 billion in 2020 to USD 350 billion by 2030.
Manufacturing Leadership: Asia-Pacific’s status as a global manufacturing hub is propelling the adoption of warehouse automation technologies, especially in China, Japan, and South Korea.
Technological Innovation: Companies in Asia are investing in AI-powered robotics solutions. Geek+, a Chinese robotics company, has made significant advancements with its AI-powered logistics robots, competing with established global players.