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Accelerated movement of goods inside the warehouse are expected to drive innovation in industrial robots (warehousing and storage robots) manufacturing, thus driving the market during the forecast period.

The global industrial robots (warehousing and storage robots) market is expected to grow from $5.39 billion in 2022 to $6.18 billion in 2023 at a compound annual growth rate (CAGR) of 14.7%. The global industrial robots (warehousing and storage robots) market size is expected to grow from $10.46 billion in 2027 at a CAGR of 14.1%.

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Global Industrial Robots (Warehousing And Storage Robots) Market Segments Include:

• By Product Type: Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots, Parallel Robots, Cartesian Robots
• By Function: Pick & Place, Palletizing & De-palletizing, Transportation, Packaging
• By Application: E-commerce, Automotive, Consumer Electronics, Food & Beverage, Healthcare, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global industrial robots (warehousing and storage robots) market in 2021.

Major Market Players in the industrial robots (warehousing and storage robots) market include ABB, Amazon, Yaskawa Electric Corp., Honeywell Intelligrated, Omron Corporation, Fetch Robotics, Inc., Fanuc Corp..

The picking process in the warehouse is increasingly being automated with increased demand in the E-commerce industry, to reduce the pickup time of items. The automated robot gathers items and brings them to a central location, where an employee can fulfil orders fast. For instance, Ocado, a British supermarket started using a grid of picking robots in the warehouse that picks the ordered items and delivers them into crates, which are moved onto conveyors and carried to shelves where an employee picks the crate and delivers the order to the customer helping in delivering the groceries fast.

The Industrial Robots (Warehousing and Storage Robots) Global Market Report 2023  provides a industrial robots (warehousing and storage robots) market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The industrial robots (warehousing and storage robots) market forecast analyzes industrial robots (warehousing and storage robots) market size, industrial robots (warehousing and storage robots) market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The industrial robots in the warehousing and storage refer to automated robots, systems that are used in warehouses, and related services. Warehouse and storage robots perform various tasks, and automate the warehouse process. Industrial robots in warehousing and storage are used to do tasks such as lifting and arranging heavy products that are to be stored in racks or given spaces.

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