What is Goods-to-Person Robot Market?
Goods-to-person (G2P) is automated technology. It is mainly to deliver multiple items or SKU at operator and workstation. It particularly increase productivity and labour utilization with eliminating extra space requirement. This technology is known as modern method of order fulfilment which combines automated storage with accurate picking process. Increasing adoption of automated warehousing technology has created demand for goods to person robots. Whereas, huge investment requirement considered as one of the keen challenge for the market.
The market study is being classified by Type (Autonomous Mobile Robots (AMRs), - Tote & Carton, - Rack & Shelving, - AMR/ASRS Hybrid, - Others, Automatic Storage & Retrieval Systems (AS/RS), - AS/RS shuttles, - Mini-load AS/RS, - Others, Automated Guided Vehicles and Cabots), by Application (Conveying, - <500kg, - >=500kg, - Single Piece Conveying, Towing, Pallet Moving and Others) and major geographies with country level break-up.
Viastore Systems (Germany), Invata (United States), Dematic (United States), OPEX (United States), TGW (Austria), UNEX (Belgium), Eiratech (United Kingdom), Bastian Solutions, LLC (United States), ASTI (Spain), Wise Robotics Ltd (United Kingdom), Conveyco (United States), Caja Robotics (Israel), Daifuku (Japan), Grenzebach GmbH (Germany), FIVES Group (France), Honeywell Intelligrated (United States), Interlake Macalux (United States) and Kardex (Switzerland) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are GÜDEL (Switzerland), Lodamaster Group (Turkey), GIDEON Brothers (Croatia.) and Magazino GmbH (Germany).
Market players are focusing on providing Goods-to-Person Robot with higher quality along with complying all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive features to further achieve space optimization in warehouse. The market is fragmented owing to the presence of several international and local providers. The high focus on the offering cost effective properties. Besides, the numerous industry profitability has led the entry of new players, in turn, increasing the level of rivalry in the already competitive market.
Segment Analysis
Analyst at AMA have segmented the market study of Global Goods-to-Person Robot market by Type, Application and Region.
On the basis of geography, the market of Goods-to-Person Robot has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Adoption of Warehouse Automation
- Augmenting Focus on Increasing Supply with Lowering Man Power Cost
- Increasing Inclination towards offering Online Grocery
Market Trend
- Higher Acceptance of Robotics & Automations in Industrial Operations
Restraints
- Greater Investment Requirement for Automated Storage and Retrieval Systems
Opportunities
- Increasing Presence of Urban Warehouses and Micro-Fulfilment
- Growing E-commerce & Retail Industrial Infrastructure
Challenges
- Robotic Challenge Associated with Order Picking
- Risk of Robotics Abnormal Functioning
Market Leaders and some development strategies
In July 2021, Zebra Technologies has acquired Fetch Robotics, Zebra technology is known as innovator at the frontline business. Fetch Robotics is known as pioneer in on demand automation. Company’s Autonomous Mobile Robots (AMRs) are used for optimized picking in fulfilment centres and distribution centres. Therefore, with this acquisition, company gets as edge over for its current offerings.
In December 2021, Adverb Technology has launched ‘Veloc’. It is multicarton picking mobile robot. It allows complete space utilization compared to the conventional once. It further increases storage density with higher vertical space which further saves warehouse space related cost. With this specifications, company has proven its qualified offerings and expanded its current portfolio.
Key Target Audience
Goods-to-Person Robot Manufacturers, Goods-to-Person Robot Suppliers/ Distributors/Vendors, Consumer Electronics Industrialist, Electronics & Electrical Industry, Industrial Investors, Third Party Payable Providers, New Entrants/Investors, Government Electronics and Information Technology Association and Industrial Associations