UK Warehouse Robotics Market Size & Outlook, 2023-2030
UK warehouse robotics market, 2018-2030 (US$M)
Related Markets
UK warehouse robotics market highlights
- The UK warehouse robotics market generated a revenue of USD 242.3 million in 2023 and is expected to reach USD 804.0 million by 2030.
- The UK market is expected to grow at a CAGR of 18.7% 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 242.3 million |
| Market revenue in 2030 | USD 804.0 million |
| Growth rate | 18.7% (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, UK accounted for 4.9% 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 Europe, Germany warehouse robotics market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 305.2 million by 2030.
Mobile robots was the largest segment with a revenue share of 30.83% in 2023. Horizon Databook has segmented the UK 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.
A labor shortage in the U.K. has led to higher labor costs, creating the need for warehouse automation technologies. In addition, the high penetration of e-commerce, proliferation of industry 4.0 technologies, and significant investment in automation technologies drive the U.K. warehouse robotics market growth.
Logistics companies in the country are moving towards robotic automation technologies to improve pick rates and employee satisfaction, further contributing to market growth. For instance, in December 2021, GXO Logistics, a global contract logistics company, deployed 6 River Systems collaborative robots (cobots) in one of its Milton Keynes, England, distribution centers.
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Warehouse Robotics Market Scope
Warehouse Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK warehouse robotics market size, by product, 2018-2030 (US$M)
UK Warehouse Robotics Market Outlook Share, 2023 & 2030 (US$M)
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