Mexico Warehouse Robotics Market Size & Outlook, 2023-2030
Mexico warehouse robotics market, 2018-2030 (US$M)
Related Markets
Mexico warehouse robotics market highlights
- The Mexico warehouse robotics market generated a revenue of USD 84.4 million in 2023 and is expected to reach USD 348.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 22.5% 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 84.4 million |
| Market revenue in 2030 | USD 348.6 million |
| Growth rate | 22.5% (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, Mexico accounted for 1.7% 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 Latin America, Brazil warehouse robotics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 348.6 million by 2030.
Mobile robots was the largest segment with a revenue share of 30.21% in 2023. Horizon Databook has segmented the Mexico 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 Mexico warehouse robotics market growth is credited to the advancing industrial landscape and the emerging boom of the e-commerce sector. In addition, the country is seeing an increased foreign direct investment (FDI) into manufacturing automotive, consumer electronics, and medical devices. This factor is projected to impact the market’s growth positively.
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Warehouse Robotics Market Scope
Warehouse Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico warehouse robotics market size, by product, 2018-2030 (US$M)
Mexico Warehouse Robotics Market Outlook Share, 2023 & 2030 (US$M)
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