Dublin, March 24, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Warehousing and Logistics Robots: Global Market Analysis and Forecasts" report to their offering.
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 report forecasts that worldwide warehousing and logistics robot unit shipments will increase from 40,000 in 2016 to 620,000 units annually by 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 (ROI) in less time than it took a few years ago, says research analyst Manoj Sahi. The next 5 years will be a period of significant innovation in the space, bringing significant opportunities for established industry players and startups alike.
Sahi adds that mobile robot platforms and industrial robot manipulators will be the segments that will drive the largest market growth during the forecast period, followed by shuttle automated storage and retrieval systems (AS/RS) and gantry robots.
Warehousing and Logistics Robots, examines the global market trends for warehousing and logistics robots and provides 6-year market sizing and forecasts for shipments and revenue during the period from 2016 through 2021. The report focuses on crucial market drivers and challenges, in addition to assessing the most important technology issues that will influence market development. In total, 75 key and emerging industry players are profiled. Market forecasts are segmented by world region and by robot type.
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 (ROI) in less time than it took a few years ago, says research analyst Manoj Sahi. The next 5 years will be a period of significant innovation in the space, bringing significant opportunities for established industry players and startups alike.
The report focuses on crucial market drivers and challenges, in addition to assessing the most important technology issues that will influence market development. In total, 75 key and emerging industry players are profiled. Market forecasts are segmented by world region and by robot type.
Technologies
Content Types
Key Questions Addressed:
Market Dynamics
Market Issues
Market Drivers
Market Challenges
Ecosystem Players
Companies Mentioned
For more information about this report visit http://www.researchandmarkets.com/research/rjzz73/warehousing_and