Home ABI Research: Warehouse Robotics Market Will Exceed $51 Billion by 2030 (from $4B in 2020)

ABI Research: Warehouse Robotics Market Will Exceed $51 Billion by 2030 (from $4B in 2020)

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Founded in 1990, ABI Research helps organizations successfully conquer digital transformation. Through its leading-edge research and the worldwide team of analysts, the company delivers actionable insight and strategic guidance on the transformative technologies that are reshaping industries, economies, and workforces.

Recently, ABI Research issued its “Modern Fulfillment Trends: Warehouse Robotics, Handheld Devices, and Wearables technology analysis” report which key finding is that worldwide commercial robot revenue in warehouses will have a Compounded Annual Growth Rate (CAGR) of over 23% from 2021 to 2030 and exceed US$51 billion by 2030. To recap, the global Warehouse Robotics Market size was estimated at USD 4,054.04 Million in 2020 and is expected to reach USD 4,659.18 Million in 2021*.

“Mobile robots are at the heart of the warehouse robotics market and account for most shipments and revenue. These robots made up of Autonomous Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs), are being used to move goods within the warehouse and are being integrated within wider automated or manual workflows.

In addition to robots, warehouse operators should be seeking to combine the value of multiple solutions across the fulfillment workflow to achieve desired results. There is also a need for operators to look beyond productivity and assess how technologies affect worker satisfaction and safety, worker comfort, energy consumption, distance traveled, and error rates.

We can also expect intelligent automation solutions to influence processes across the supply chain. In the future, operators will be venturing further into solutions like Robotic Process Automation (RPA) and mobile warehousing.”

Adhish Luitel, Industry Analyst, Supply Chain Management and Logistics, ABI Research

You can find more details about the “Modern Fulfillment Trends: Warehouse Robotics, Handheld Devices, and Wearables technology analysis” report on this page.

*According to Reportlinker.com