Canada Warehouse Robotics Market Size & Outlook, 2023-2030
Canada warehouse robotics market, 2018-2030 (US$M)
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Canada warehouse robotics market highlights
- The Canada warehouse robotics market generated a revenue of USD 204.2 million in 2023 and is expected to reach USD 710.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 19.5% 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.
Warehouse robotics market data book summary
| Market revenue in 2023 | USD 204.2 million |
| Market revenue in 2030 | USD 710.4 million |
| Growth rate | 19.5% (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 |
Other key industry trends
- In terms of revenue, Canada accounted for 4.1% of the global warehouse robotics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. warehouse robotics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 710.4 million by 2030.
Mobile robots was the largest segment with a revenue share of 31.44% in 2023. Horizon Databook has segmented the Canada 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 proliferation of industry 4.0 technologies and automated factories and warehouses in Canada has driven market growth. Moreover, the growing adoption of warehouse robotics across country's the expanding food and beverages (F&B) sector has driven the growth of the warehouse robotics market.
According to Unifor National, the F&B sector contributed around $34.5 billion to the national GDP in 2021, accounting for nearly 2% of the total GDP. The companies in this sector are implementing robotic solutions such as vision-guided robotic arms, delta robots, and automated guided vehicles to optimize and streamline their warehouse and logistics processes.
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Warehouse Robotics Market Scope
Warehouse Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada warehouse robotics market size, by product, 2018-2030 (US$M)
Canada Warehouse Robotics Market Outlook Share, 2023 & 2030 (US$M)
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