Market revenue in 2023 | USD 105.0 million |
Market revenue in 2030 | USD 424.7 million |
Growth rate | 22.1% (CAGR from 2023 to 2030) |
Largest segment | Mobile robots |
Fastest growing segment | Cartesian Robots |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
Mobile robots was the largest segment with a revenue share of 30.95% in 2023. Horizon Databook has segmented the Brazil 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 Brazil warehouse robotics market is mainly driven by the increasing need for efficient inventory management and warehousing and the Industrial Internet of Things (IIoT) advent. In addition, companies across various industries in the country are moving towards automated warehousing to enhance their operations.
For instance, Aromaty Fragrances, a Brazilian manufacturer of fragrances, has recently opened an automated warehouse in Louveira, a municipality in the state of São Paulo in Brazil.
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