U.S. Warehouse Robotics Market Size & Outlook, 2023-2030
U.S. warehouse robotics market, 2018-2030 (US$M)
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U.S. warehouse robotics market highlights
- The U.S. warehouse robotics market generated a revenue of USD 1,033.4 million in 2023 and is expected to reach USD 3,100.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 17% 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 1,033.4 million |
| Market revenue in 2030 | USD 3,100.8 million |
| Growth rate | 17% (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, U.S. accounted for 21.0% 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 31.26% in 2023. Horizon Databook has segmented the U.S. 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.
Increasing capacity and productivity demands across the U.S. retail and e-commerce industry are continuously contributing to the growth of the warehouse robotics market. The market players in the country are collaborating to meet this demand across the retail & e-commerce sector.
In addition, the factors such as labor shortage, the need for increased efficiency of warehouse operations, and the ongoing trend of warehouse logistics automation drive the market growth.
Moreover, warehouse robots are in demand after the COVID-19 pandemic owing to the moving business operations driven by pandemic-induced work-from-home policy across the companies. This has further expanded the U.S. warehouse robotics market growth.
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Warehouse Robotics Market Scope
Warehouse Robotics Market Companies
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U.S. warehouse robotics market size, by product, 2018-2030 (US$M)
U.S. Warehouse Robotics Market Outlook Share, 2023 & 2030 (US$M)
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