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Warehouse Robotics Market worth 4.44 Billion USD by 2022

According to the new market research report "Warehouse Robotics Market by Type (Mobile, Articulated, Cylindrical, SCARA, Parallel, Cartesian), Software, Function (Pick & Place, Palletizing & Depalletizing, Transportation, Packaging), Payload Capacity, Industry, and Region - Global Forecast to 2022", the warehouse robotics market is expected to be valued at USD 4.44 Billion by 2022, growing at a CAGR of 11.8% between 2017 and 2022. The factors that are driving the growth of this market include the growing e-commerce industry, need for efficient and reliable warehouse operations, active funding from venture capitalists, rising labor cost, and increasing adoption of warehouse robotics by small- and medium-sized enterprises (SMEs).<br>

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Warehouse Robotics Market worth 4.44 Billion USD by 2022

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  1. Warehouse Robotics Market worth 4.44 Billion USD by 2022 According to the new market research report "Warehouse Robotics Market by Type (Mobile, Articulated, Cylindrical, SCARA, Parallel, Cartesian), Software, Function (Pick & Place, Palletizing & Depalletizing, Transportation, Packaging), Payload Capacity, Industry, and Region - Global Forecast to 2022", the warehouse robotics market is expected to be valued at USD 4.44 Billion by 2022, growing at a CAGR of 11.8% between 2017 and 2022. The factors that are driving the growth of this market include the growing e-commerce industry, need for efficient and reliable warehouse operations, active funding from venture capitalists, rising labor cost, and increasing adoption of warehouse robotics by small- and medium-sized enterprises (SMEs). Browse 65 market data tables and 71 figures spread through 169 pages and in- depth TOC on “Warehouse Robotics Market - Global Forecast to 2022” Get More Information@ http://www.marketsandmarkets.com/Market-Reports/automated-material- handling-manufacturing-market-92483121.html Early buyers will receive 10% customization on reports. “Mobile robots to hold the largest market size in the warehouse robotics market between 2017 and 2022“ Mobile robots are expected to lead the overall warehouse robotics market between 2017 and 2022. The fast moving nature of items and same day or next day delivery schedules has made e-commerce companies to implement mobile robots in their warehouses. Mobile robots have the capability of moving products around the warehouse faster than human workers and retrieving them without an error. This factor makes mobile robots a preferred choice for the e-commerce companies.

  2. Graphical Analysis: The key market players such as Fanuc Corp. (Japan) and Kuka AG (Germany) are focusing on strategies such as new product launches, expansions, contracts, and collaborations to enhance their product offerings and expand their business. North America is expected to hold the largest share of the warehouse robotics market during the forecast period. The players in North America are emphasizing on modernizing their plants and facilities with advanced technologies. Furthermore, the emphasis on workers safety, higher adoption of warehouse automation technologies, and significant number of established players are driving the demand for the market in North America. Asia-Pacific (APAC) is expected to be the fastest-growing region in the market between 2017 and 2022. The countries such as China and Japan have the largest automotive manufacturing base. The increase in production facilities, rising domestic demand for products, continuous upgradation and improved efficiency of warehouses are the key factors for the growth of market in APAC.

  3. Download PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=128876258 The key restraining factors for the growth of the warehouse robotics market is the high set up cost and lack of skilled workforce. Huge capital expenditure is required to set up and install warehouse robots. An average cost of a mobile robot varies between USD 25,000 and USD 40,000. Whereas, the average cost of fixed robot varies between USD 60,000 and USD 140,000. These high costs discourage warehouse operators from choosing high-end warehouse robots, which hampers the growth of the market. About MarketsandMarkets MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan Markets and Markets 701 Pike Street Suite 2175, Seattle, WA 98101, United States USA : 1-888-600-6441 UK : 44-800-368-9399

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