United Kingdom Warehouse Robotics Market to be dominated by Mobile Robots till 2027
The rise in the number of
warehouses and surge in investments in warehouse automation is expected to
drive the demand for the United Kingdom warehouse robotics market over the
forecast period, 2023-2027.
According to TechSci Research report, “United Kingdom Warehouse Robotics Market By Product Type (Mobile Robots, Articulated Robots,
Cylindrical Robots, Scara Robots, Parallel Robots, and Cartesian Robots), By
Function (Pick & Place, Palletizing & Depalletizing, Transportation,
and Packaging), By End User (E-Commerce, Automotive, Electrical &
Electronics, Metal and Machinery, Chemical, Rubber & Plastics, Food &
Beverages, Pharmaceuticals, and Others), By Region, Competition Forecast &
Opportunities, 2027”, the United Kingdom warehouse robotics market is expected
to witness robust growth in the forecast period. Warehouse robotics includes
the use of robots, automated systems, and specialized software to move things
and streamline and automate warehouse processes. They find applications in
various industry verticals such as automotive, e-commerce, food &
beverages, pharmaceuticals, and others. Robotics has gained importance in
recent years in the distribution center, supply chain, and warehouse management
in warehouse automation. The United Kingdom warehouse robotics market is driven
by the emergence of the industrial internet of things and the penetration of a
network of connected systems.
However, the high initial investment costs and chances
of job elimination for workers may restrain the United Kingdom warehouse
robotics market growth over the forecast period.
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in-depth TOC on "United Kingdom Warehouse Robotics Market”.
United
Kingdom warehouse robotics market is segmented into product type, function, end
user, regional distribution, and competitive landscape.
Based
on product type, the market is divided into mobile robots, articulated robots,
cylindrical robots, SCARA robots, parallel robots, and cartesian robots. Mobile
robots are expected to capture the highest market share over the forecast
period, 2023-2027. They are being actively used in moving small payloads in a
facility, especially in the retail and consumer electronic industry, providing
them more flexibility than traditional automation systems.
Based
on function, the market is divided into pick & place, palletizing & depalletizing,
transportation, and packaging. Pick & place segment is expected to hold the
largest market share in the upcoming years. The advantages of using pick and
place robots are improved accuracy and consistency and increased process speed.
They offer manufacturers cost-effective and high-efficiency alternatives to
using human resources to complete their monotonous and physical tasks.
Based
on end user, the market is divided into e-commerce, automotive, electrical
& electronics, metal, and machinery, chemical, rubber & plastics, food
& beverages, pharmaceuticals, and others. The automotive industry is
expected to account for a significant market share over the forecast period.
There is intense competition among the market players, and they are willing to
invest in warehouse robotics and automation technologies to capture the highest
market share. The automotive industry can be one of the most lucrative markets
for the warehouse robotics market as the products are heavy, and with the use
of robots, productivity can be maximized, and unproductive labour hours are
minimized.
Major market players operating in the United Kingdom warehouse robotics
market are:
·
ABB Limited
·
Kiva Systems
·
Honeywell International Inc.
·
Toshiba Corporation
·
Fanuc Corporation
·
Kuka AG
·
Fetch Robotics Inc.
·
Syrius Robotics
·
Locus Robotics
·
InVia Technologies Inc.
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“High-end
investments by the market players in research and development activities to
upgrade the existing infrastructure and improve the accuracy and performance of
warehouse robotics systems are expected to create numerous growth opportunities
for the market players over the next five years. The introduction of autonomous
mobile robots for warehouse and material handling applications is positively
influencing the market demand. These robots are safer than forklifts and are
equipped with safety sensors to avoid the chances of collision. Different
end-user industries are willing to invest in technologies and systems to lower
their maintenance and operational costs. The emergence of novel technologies
and the integration of industry 4.0 with warehouse robotics systems is expected
to propel the United Kingdom warehouse robotics market growth till 2027” said
Mr. Karan Chechi, Research Director with TechSci Research, a global research-based
management consulting firm.
“United
Kingdom Warehouse Robotics Market By Product Type (Mobile Robots, Articulated
Robots, Cylindrical Robots, Scara Robots, Parallel Robots, and Cartesian
Robots), By Function (Pick & Place, Palletizing & Depalletizing,
Transportation, and Packaging), By End User (E-Commerce, Automotive, Electrical
& Electronics, Metal and Machinery, Chemical, Rubber & Plastics, Food
& Beverages, Pharmaceuticals, and Others), By Region, Competition Forecast
& Opportunities, 2027” has
evaluated the future growth potential of United Kingdom warehouse robotics
market and provided statistics & information on market size, shares, structure
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of United Kingdom warehouse
robotics market.
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