Warehouse Robotics Market Revenue Analysis, Growth Rate, Size, Trend, Key Players and Forecast 2023
Market Scenario: Companies such as ABB Ltd. (Switzerland), Fanuc Corp. (Japan), Kuka AG (Germany), Yaskawa Electric Corp. (Japan), and Amazon.com, Inc. (U.S.) are the leading providers of warehouse robotics solution in the global market. In March 2017, ABB Ltd. announced about its latest robotic and drive technologies to automate warehouses and distribution centers. The company is planning to provide maximum throughput through the use of automated solutions, which also includes variable speed drives, robotic applications, and others. The emergence of the advanced technologies in robotics and the increasing e-commerce industry are some of the driving factors for the growth of the warehouse robotics market. The mobile robots are extensively used in e-commerce sectors for implementing warehouses operation by manufacturing companies. Increased demand for automation and increasing awareness regarding the quality and safety production are projected to boost the warehouse robotics ...