What is Warehouse Robotics and Automation?
Warehouse robotics represents a very critical aspect in the emergence of industrial revolution 4.0. The present state of technology has introduced tremendous boom in autonomous mobile robots and collaborative robots that function effortlessly having along the human workforce in order to levitate flexibility and efficiency. Traditionally, the robots in the industry were developed specifically with the perspective of manufacturing, however, now their scope has widen to several industrial aspects including, supply chain, logistics, and warehousing. As the distribution industry continues to grow in terms of technology advancements, the robotics industry gains the opportunity to enter the warehouse robotics market with exceptionally innovative and cost effective ideas.
Dynamically reforming consumer preferences and expectations have changed as novel sales channel have emerged in the form of social media, Omni channel, and ecommerce. Customers now have more price options, selection, delivery methods, and shopping experiences. This in response has levied a pressure on the warehouses and distributors to increases their efficiency and adopt technology that enable them to provide their services more seamlessly and error free, contributing to the growth of warehouse robotics market.
The Value of Robotics and Automation in the Warehouse
Fetch Robotics, the leader in cloud robotics and on-demand automation, today announced the immediate availability of Workflow Builder, the company's new drag-and-drop development toolkit that allows customers to implement flexible automation in existing manufacturing, distribution and fulfillment facilities without the time, expense, and inflexibility of fixed automation or traditional autonomous mobile robots (AMRs). Based on Blockly, the language used to teach non-programmers to code, Workflow Builder provides a visual and intuitive tool that customers can use to deploy flexible automation in days, iterate to perfect workflows, change workflows as needs evolve, and later integrate into WMSs (warehouse management systems), WESs (warehouse execution systems), or fixed automation -- and do all of this in-house without having to rely on third-party resources.
Workflow Builder was created as a simple to use, on-demand alternative to fixed warehouse automation solutions or traditional AMR solutions. Fixed automation solutions require the expense and time of a third party for design, installation and maintenance. Fixed automation solutions are also difficult and costly to modify, making it challenging for warehouse managers to adapt to changing business needs or workflows. Traditional AMR solutions often require facilities to be modified, floors to be labeled with QR codes, and integration with a WMS is immediately required as part of the implementation. While these solutions can be impactful, they are expensive and time consuming to deploy, and often lead to workflows that can't be updated or changed without extensive outside support.
Where is Robotics and Automation in Warehousing Now?
Besides this, the report analyzes factors affecting Warehouse Robotics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Warehouse Robotics Market report.
Also, key Warehouse Robotics market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, a key development in the past five years. Some of the key players influencing the market are ABB Robotics, Fanuc Corp.,Kuka AG, ATS Automation Tooling Systems, Inc., Honeywell International, Inc. (Intelligrated), Omron Corp. (Adept Technology, Inc.), Yaskawa Electric Corp., Fetch Robotics, Inc., IAM Robotics, and Amazon.Com, Inc. (Amazon Robotics) among others.
Source: The Insight Partners