Exponential growth seen by the e-commerce companies across the globe like Alibaba and Amazon has resulted in creation of huge warehouses and distribution centers. These warehouses and distribution centers are needed to be highly automated in order to cater to the growing number of orders and consumers. All these factors directly contribute to the growth of the global autonomous case-handling robots (ACR) market. Use of robotics has been a great help for several industries including construction. Rising labour costs and requirement of handling goods carefully is creating a demand for autonomous case-handling robots (ACR). Also, the fact that surging levels of dependency on automation in order to streamline supply chains, ensure high safety protocols are also taking the growth of this market to a new level.
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The post COVID-19 period is expected to be good for the global autonomous case-handling robots (ACR) market. As the manufacturing industries incurred huge losses due to the pandemic, the need for social distancing, lockdowns and quarantines have made robotics an obvious choice for them, specifically when it comes to perform operations on a ground level. In such times, many companies are concentrating on renting out their robotic systems. Use of robotics helps warehouses and distribution centers not only streamline supply chain but also ensure safety protocols like human contact-less handling of goods. In the times of global adversity, several leading software companies turned towards acquisition of robot manufacturing companies.
The massive e-commerce boom has forced warehouses to introspect their distribution system. Companies like Walmart have integrated automated-bots to their warehouses to create a better workflow to cater to the changing customer needs. This is rapidly driving the growth of the global autonomous case-handling robots (ACR) market.
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Irrespective of how much efficient these robotic systems are, they cost on the higher rise. The warehouse owners are required to invest a huge amount initially to automate their warehouses and distribution centers. This plays a huge restraining factor for the growth of the global autonomous case-handling robots (ACR) market. The laborer’s operating these systems also are required to be trained which is also likely to concern the end users.
Though the rising dominance of artificial intelligence (AI) in almost every sector including robotics will take the growth of the global autonomous case-handling robots (ACR) market to a new level. Newly designed robots have in-built highly sensitive video sensors, stereo cameras that are capable of program its track at the warehouses quickly and technology which helps in fast mapping and localization. This will definitely contribute to the growth of this market over the forecast period.
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Key Takeaways – Global Autonomous Case-Handling Robots (ACR) Market
- Surging demand for automation of manufacturing process along with optimizing the supply chain ecosystem and ensuring quality control is contributing to the growth of the Global Autonomous Case-handling Robots (ACR) market.
- The warehouse management segment is forecasted to see fastest growth over the period of next few years for this market thanks to rapidly growing e-commerce and retail segment.
- The region of Asia Pacific is forecasted to witness growth at the fastest rate for the Global Autonomous Case-handling Robots (ACR) Market. Rapid rolling of 5G networks along with route mapping and localization that works with the help of artificial intelligence (AI) in countries like South Korea, China, Japan and India is contributing to the growth of this market.
Few of the major players operating in the global autonomous case-handling robots (ACR) market are listed below:
- 6 River Systems, LLC
- Clearpath Robotics
- Fetch Robotics, Inc.
- IAM Robotics
- Locus Robotics
- Vecna Robotics
- Waypoint Robotics
- Other Market Participants
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Global Autonomous Case-Handling Robots (ACR) Market
- Goods-To-Person Picking Robots
- Autonomous Inventory Robots
By Handling Type
- Double Deep
- Carton Picking
- Telescopic lift
- Fork Lifting
- Flex width
By End User
- Warehouse management
- Healthcare and Pharmaceuticals
- Retails and E-commerce
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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