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The U.S. warehouse robotics market is growing at a compound annual growth rate of 11.6%

Posted on by darion

Dublin, July 01, 2024 (GLOBE NEWSWIRE) — The report “United States Warehouse Robotics Market by Region, Competition, Forecast and Opportunity, 2019-2029F” has been added to Research & Marketing.com offering.

The U.S. warehouse robotics market is experiencing a significant growth trend, with expectations for continued solid growth, driven by the growing e-commerce sector, increasing demand for efficient order fulfillment, and the need to manage labor costs. This remarkable market growth indicates a deeper integration of robotic systems into warehousing strategies as companies seek to improve their operations with increased accuracy, productivity, and flexibility.

Technological innovation and the rapid growth of e-commerce are playing a major role in driving the warehouse robotics market. Warehouse robotics are revolutionizing the way companies manage inventory and process orders. Tightening labor markets and rising wage costs are further motivating companies to turn to automation to remain competitive.

Regional Market Highlights: Midwest Dominance

The Midwest region in the United States is leading this wave of market dominance due to its strategic position and strong industrial presence. With a strong logistics infrastructure and a concentration of manufacturing and automotive industries, Midwest companies are investing heavily in warehouse robotics solutions to effectively meet these growing demands.

Market Trends: Autonomous Robots and AI Integration

Key trends shaping the U.S. warehouse robotics market include the adoption of autonomous mobile robots (AMRs) and the use of AI and ML technologies. These advances are making robots smarter and more efficient, revealing the market’s sensitivity to changing operational requirements and customer expectations.

Market challenges: investment costs and labor

Despite promising growth, challenges such as significant upfront investment in robotics implementation and workforce transformation remain prevalent. Companies are addressing these challenges by assessing long-term ROI and prioritizing workforce retraining and upskilling to complement the growing presence of robotics in warehouses.

The U.S. warehouse robotics market is setting the stage for what looks to be an era of unprecedented automation in warehousing and supply chain management. With innovation as a constant driver, companies are looking to leverage these technological capabilities to optimize operations and gain a competitive advantage in the rapidly evolving logistics industry.

Key Features:

Report Attribute Details
number of pages 85
Forecast period 2024-2029
Estimated Market Value (USD) 2024 $6.4 billion
Projected Market Value (USD) to 2029 $12.48 billion
Compound Annual Growth Rate 11.6%
Regions covered United States

The report lists the following companies:

  • Zebra Technologies Corp.
  • GreyOrange Pte.
  • Locus Robotics Corporation
  • inVia Robotics, Inc.
  • FANUC American Corporation
  • OMRON Corporation
  • Yaskawa America, Inc.
  • Honeywell International Inc.

For more information on this report, please visit https://www.researchandmarkets.com/r/rl73rp

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  • The U.S. Warehouse Robotics Market