Asia Pacific Warehouse Robotics Market Size & Outlook
Asia Pacific warehouse robotics market, 2018-2030 (US$M)
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Asia Pacific warehouse robotics market highlights
- The Asia Pacific warehouse robotics market generated a revenue of USD 1,995.2 million in 2023.
- The market is expected to grow at a CAGR of 20.6% from 2024 to 2030.
- In terms of segment, mobile robots was the largest revenue generating product in 2023.
- Cartesian Robots is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,995.2 million |
| Market revenue in 2030 | USD 7,418.3 million |
| Growth rate | 20.6% (CAGR from 2023 to 2030) |
| Largest segment | Mobile robots |
| Fastest growing segment | Cartesian Robots |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mobile Robots, Articulated Robots, Cylindrical Robots, Scara Robots, Parallel Robots, Cartesian Robots |
| Key market players worldwide | ABB Ltd, Toyota Industries Corp, Daifuku Co Ltd, KION GROUP AG, Zebra Technologies Corp Class A, Honeywell International Inc, KNAPP AG, OMRON Corp, YASKAWA Electric Corp, Fanuc Corp, KUKA Robotics |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.5% of the global warehouse robotics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 1,227.7 million by 2030.
Mobile robots was the largest segment with a revenue share of 30.03% in 2023. Horizon Databook has segmented the Asia Pacific warehouse robotics market based on mobile robots, articulated robots, cylindrical robots, scara robots, parallel robots, cartesian robots covering the revenue growth of each sub-segment from 2018 to 2030.
The global warehouse robotics market was dominated by the Asia Pacific region in 2022 and is projected to maintain its dominance during the forecast period. The region is home to the leading warehouse robotics manufacturing companies, including Fanuc Corporation, Yaskawa Electric Corporation, Singapore Technologies Engineering Ltd., and TOSHIBA CORP., among others.
In addition, the significance of the countries, including China, South Korea, Japan, and India, across the warehouse robotic installation is contributing to the growth of the market in the Asia Pacific region.
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Warehouse Robotics Market Scope
Warehouse Robotics Market Companies
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Asia Pacific warehouse robotics market size, by country, 2018-2030 (US$M)
Asia Pacific Warehouse Robotics Market Outlook Share, 2023 & 2030 (US$M)
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