IMARC Group, a leading market research company, has recently releases report titled “Piece Picking Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global piece picking robots market share, size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the piece-picking robots market?
The global piece picking robots market size reached US$ 652.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 31,932.7 Million by 2032, exhibiting a growth rate (CAGR) of 52.47% during 2024-2032.
What are Piece-Picking Robots?
Piece picking robots, also known as order fulfillment robots or robotic order pickers, are autonomous machines designed to automate the process of picking individual items from a warehouse or fulfillment center. These robots use advanced technologies, such as computer vision, artificial intelligence, and robotic arms, to identify, grasp, and transport items accurately and efficiently. The primary goal of piece picking robots is to improve the speed, accuracy, and productivity of order fulfillment operations while reducing labor costs and errors associated with manual picking. They can handle a wide range of products, including boxes, cartons, bags, and individual items, making them versatile for various industries, such as e-commerce, retail, logistics, and distribution. As a result, they are gaining traction across the globe as they aid in enhancing safety measures while contributing to a healthier and more productive work environment.
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What are the growth prospects and trends in the piece-picking robots industry?
The global market is majorly driven by the rapid growth of the e-commerce sector. This can be attributed to the rising demand for online shopping that is putting significant pressure on warehouses and fulfillment centers to handle large volumes of orders efficiently. Piece picking robots offer a solution to meet this demand by automating the order fulfillment process, improving speed, and increasing productivity. Moreover, continuous advancements in robotics, computer vision, artificial intelligence, and machine learning are providing an impetus to the performance of piece picking robots. These advancements have led to more sophisticated and reliable robotic systems that can accurately perceive and manipulate objects, making them viable for complex picking tasks. Since warehouse operations involving manual order picking can pose safety risks and lead to work-related injuries. Piece picking robots help improve safety by reducing the physical strain on workers and minimizing the risks associated with repetitive motions, heavy lifting, and potential accidents.
What is included in market segmentation?
The report has segmented the market into the following categories:
Market Breakup by Robot Type:
- Collaborative
- Mobile
Market Breakup by End User:
- Pharmaceutical
- Retail/Warehousing/Distribution Centers/Logistics Centers
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Berkshire Grey Inc.
- Dematic (Kion Group AG)
- Fritz Schäfer GmbH
- Hand Plus Robotics Pte. Ltd.
- Kindred Systems Inc. (Ocado Group)
- Knapp AG
- Nimble Robotics Inc.
- Osaro Inc.
- Righthand Robotics Inc.
- Swisslog Holding AG (kuka AG)
- Universal Robots A/S (Teradyne Inc.)
- XYZ Robotics Inc
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