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(IT-NEWSWIRE.COM, September 04, 2019 ) Market Overview • The warehouse is the most crucial part of the entire supply chain process. This is where the products transit from the production facility, identified, sorted, and consequently tagged to be stored in a recorded location until ordered. • This has made it necessary to move mechanization and automation into the warehouse, revolutionizing warehouse business to help the companies reduce overhead costs, and increase productivity with consistency and accuracy, wherein artificial intelligence has helped achieve this particular task. Market Dynamics • Increased demand of automation, time-saving and reduction in cost, growing demand and awareness towards quality and safety production, advancement in technology, increased use in various applications and industries such as food and beverage, electronics, are the vital market drivers for the warehouse robotics market. • However, initial high adoption cost related to deployment, lack of awareness and difficulty in interacting with robots for some end users are some of the barriers which are hampering the growth of warehouse robotics market. Market segmentation • The basis of the type, the global warehouse robotics market is classified into mobile, fixed, gantry, and others. Among all the others, Mobile robots dominate the global warehouse robotics market, followed by articulated robots. • Mobile robots are mostly used in the warehouse to sort the electronic goods in their respective pallets. Articulated robots are widely used in the various industries for assembling, and picking. • Articulated robots are in demand for automation with time-saving, being the primary driver. Therefore, the reasons mentioned above are some of the key driving factors which may fuel the market over the forecast period.
Geographical Analysis • North America, • South America, • Europe, • Asia Pacific, • Rest of the World. • Among all others, North America is the largest user of warehouse robotics, followed by Asia-Pacific. However, the Asia Pacific will dominate the warehouse robotics market due to increasing research and development and growing investment made by the automotive companies. Company profiles The players profiled in the report include • Amazon Robotics, • CIM Corp, • Bastian, • Others
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Source: EmailWire.Com
Source: EmailWire.com
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