In order to meet ever-more-critical efficiency and fast delivery requirements, companies along the supply chain are turning to robots to handle the tasks of materials movement, picking, logistics and other supply chain elements. Recent venture capital funding announcements for several companies in the supply-chain and warehousing robotics market indicate strong growth potential. Research firm Tractica forecasts that worldwide supply-chain robot unit shipments will increase from 40,000 in 2016 to 620,000 units annually by 2020. The company also estimates global revenue for the sector, which reached $1.9 billion in 2016, will reach a market value of $22.4 billion by the end of 2021.
“The warehousing and logistics robot market is experiencing strong growth, with many prominent companies showing greater confidence in new robotics technologies that could yield a return on investment in less time than it took a few years ago,” said research analyst Manoj Sahi in the report. “The next five years will be a period of significant innovation in the space, bringing significant opportunities for established industry players and startups alike.”
In this RBR Insider Report, author Phil Britt offers up 10 robots (plus a few bonus robots) within this warehouse, logistics and supply-chain space, including mobile robots and pick-and-place systems that can help improve efficiency for businesses.
DOWNLOAD this report by filling out the form below: