Warehouses Eye Robots 

Tags: Warehousing, Materials Handling, Logistics, Supply Chain

To better serve customers and remain globally competitive, warehousing and logistics providers are continuing to evaluate robotics solutions. While robotics technology has already made an economic impact on the manufacturing sector, it is now starting to transform supply chain operations to be faster, safer, and more productive. The demand for robots, and the supply of matured robotic solutions to optimize logistics processes, have created a tipping point that could lead to widespread acceptance and presence of robots in warehouses and logistics operations, according to a new report from Tractica.

Worldwide warehousing and logistics robot unit shipments will increase from 40,000 in 2016 to 620,000 units annually by 2021, according to Tractica. The market intelligence firm estimates that global market revenue for the sector reached $1.9 billion in 2016 and anticipates that the market will continue to grow rapidly over the next several years, reaching a market value of $22.4 billion by the end of 2021.

"The warehousing and logistics robot market is experiencing strong growth, with many prominent companies showing greater confidence in new robotics technologies that could yield a return on investment in less time than it took a few years ago," says research analyst Manoj Sahi.

Mobile robot platforms and industrial robot manipulators will be the segments to drive the largest market growth during the forecast period, Sahi adds, followed by shuttle automated storage and retrieval systems, and gantry robots.