US Warehouse Robotics Market Analysis, Segments, Leading Player, Application & Forecast to 2032

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The global warehouse robotics market is expected to exceed $5 billion by 2022, rising at a 13 per cent CAGR throughout the forecast period. The market is likely to be driven by the growing trend of industrialization and the implementation of Industry 4.0. Against this environment, the market valuation is expected to exceed $ 9.5 billion by 2032.

Warehouse robots are gaining a lot of popularity and rising importance due to their usage in a varied number of applications such as food and beverage, automotive, pharmaceuticals, electronics, construction, defence, oil and gas. Companies are investing hugely in research and development activities in the warehouse robotics market, especially in developed countries for product innovation and also to automate it in a more advanced way.

With the rapid advancement in technology and increasing demand for warehouse robotics to improve product quality, production and space utilization, the market for warehouse robotics market is growing at a positive rate globally.

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In December 2014, Amazon installed almost 15,000 robots in its US warehouse to cut operation costs by one-fifth and to meet up the increasing consumer demand during festive seasons. They also wanted to compete with the brick-and-mortar stores and to deliver items to customers on time

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