United Kingdom warehouse robotics market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. Factors such as the growing popularity of the e-commerce channels and the rise in awareness about using warehouse robotics systems primarily drive the demand for the United Kingdom warehouse robotics market. Warehouse robotic systems find applications in various end-user industries, including pharmaceuticals, food and beverage, e-commerce, automotive, and others. Also, the growing advancements in technology and the increase in investments and efforts to develop an efficient supply chain by the market players are expected to create lucrative growth opportunities for the market players over the next five years.
Advantages of using Warehouse Robots Drives the Market Demand
Warehouse automation is the current trend in industries, and companies are using warehouse robots to streamline their work and increase their operational efficiency. The warehouse automation technology offers several benefits, including the rise in speed, low labor costs, and higher efficiency and accuracy while completing their assigned operations. Robots can easily take over time-consuming or dangerous, or complex tasks and help warehouse workers to stay safe while doing their work. They can easily coordinate with robots and save time and effort for the worker while scanning, picking, packing, and counting inventory. Market players are using artificial intelligence technology to reduce the chances of human error and customize and program the warehouse robots according to their needs and requirements. The advantages of using warehouse robotics systems by various end-user industries are expected to bolster the United Kingdom warehouse robotics market over the forecast period.
Growing Popularity of E-commerce Channel Fuels the Market Demand
The tech-savvy youth population and the availability of high-speed internet connections drive the demand for e-commerce platforms across the country. The ease and convenience of buying through the online platforms by choosing from a wide variety of options under a single platform are shifting the consumers to shift over to online platforms. E-commerce industry market players offer express delivery and quick doorstep delivery options to customers and are delivering the goods and products by keeping up to date with their inventory and delivering on time. Due to the intense competition in the e-commerce industry, there is a high adoption rate of automation technology in the e-commerce industry. E-commerce industry success depends on who can deliver the products at the right time, in the right quality, and at the right place to meet the customer’s expectations. Growing e-commerce industry and the faster delivery time in making the market players develop efficient supply chain. The booming e-commerce industry and the increased adoption of the warehouse robotics system among market players are expected to accelerate the United Kingdom warehouse robotics market growth over the next five years.
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Market Segmentation
The 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. Based on function, the market is divided into pick & place, palletizing & depalletizing, transportation, and packaging. 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 United Kingdom warehouse robotics market is studied in major regions namely London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside.
Market Players
ABB Limited, Kiva Systems , Honeywell International Inc., Toshiba Corporation, Fanuc Corporation, Kuka AG, Fetch Robotics Inc., Syrius Robotics, Locus Robotics, InVia Technologies Inc., are the major market players operating in the United Kingdom warehouse robotics market.
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Product Type · Function · End User |
Regional scope | London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside |
Key companies profiled | ABB Limited, Kiva Systems , Honeywell International Inc., Toshiba Corporation, Fanuc Corporation, Kuka AG, Fetch Robotics Inc., Syrius Robotics, Locus Robotics, InVia Technologies Inc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |