What is the present valuation and projected CAGR of the inventory robots market?
The inventory robots market size has grown rapidly in recent years. It will grow from $119.34 billion in 2024 to $133.84 billion in 2025 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to the rise of e-commerce demanding faster order fulfillment, advancements in robotics technology reducing automation costs, labor shortages prompting investment in automated solutions, the desire to minimize human error, competitive pressure to enhance supply chain management, and the growing complexity of inventory systems requiring sophisticated management tools.
The inventory robots market size is expected to see rapid growth in the next few years. It will grow to $209.53 billion in 2029 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to the rapid advancement of AI and machine learning, the growth of smart warehouses with IoT integration, increasing consumer expectations for quicker deliveries, rising investments in automation from various business sectors, the need for enhanced supply chain resilience, the push for cost reduction and operational efficiency, and the drive towards sustainability and eco-friendly technologies. Major trends in the forecast period include the integration of advanced machine vision and AI, the development of autonomous mobile robots with improved navigation, customizable and modular robotic systems, enhanced data analytics for real-time insights, energy-efficient and eco-friendly robotic designs, and the deployment of autonomous drones for inventory management.
Get Your Free Sample of The Global Inventory Robots Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20857&type=smp
What key drivers have fueled the inventory robots market’s development over the years?
The growth of e-commerce is expected to propel the growth of the inventory robots market going forward. E-commerce refers to buying and selling goods or services online through digital platforms. It encompasses all transactions conducted over the internet, including shopping, payment, and delivery processes, enabling businesses and consumers to interact and conduct transactions electronically. The growth of e-commerce is due to the convenience of online shopping, extensive product variety, and the ability to easily compare prices, along with technological advancements and broader internet access. Inventory robots support e-commerce by automating tasks such as sorting, retrieving, and managing products, which boost efficiency, minimize errors, and speed up warehouse order fulfillment. For instance, in August 2024, according to data published by the United States Census Bureau, a US-based government agency, e-commerce sales reached $282.3 billion in the second quarter of 2024, marking a 5.3% increase compared to the first quarter of 2023. Moreover, e-commerce sales represented 16% of retail sales for the second quarter of 2024. Therefore, the growth of e-commerce is driving the growth of the inventory robots market.
What is the segmentation for the inventory robots market?
The inventory robots market covered in this report is segmented –
1) By Product: Mobile Robotics; Fixed Robotics
2) By Component: Hardware; Software; Services
3) By End-User: Automotive; Metal And Machinery; Retail And E-Commerce; Food And Beverages; Pharmaceuticals; Other End Users
Subsegments:
1) By Mobile Robotics: Automated Guided Vehicles (AGVs); Autonomous Mobile Robots (AMRs); Robotic Cart Systems; Drones For Inventory Management; Robotic Tuggers And Transporters
2) By Fixed Robotics: Conveyor Belt Robots; Robotic Arms For Inventory Handling; Fixed-Position Sorting Robots; Robotic Shelving and Retrieval Systems; Pick-and-Place Robots
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/inventory-robots-global-market-report
Who are the most influential companies in the inventory robots market?
Major companies operating in the inventory robots market areJabil Inc., Kion Group AG, Zebra Technologies Corporation, Daifuku Co. Ltd., KUKA AG, Ocado Group plc, Amazon Robotics LLC, Knapp AG, Bastian Solutions LLC, 6 River Systems Inc., Grenzebach Maschinenbau GmbH, Geek+ Technology Co. Ltd., Locus Robotics Inc., Bossa Nova Robotics Inc., Brain Corp., Fetch Robotics Inc., Clearpath Robotics Inc., GreyOrange Pte. Ltd., RightHand Robotics Inc., Simbe Robotics Inc., IAM Robotics Inc., MetraLabs GmbH, PAL Robotics S.L., Keonn Technologies S.L.
What are the top industry trends projected to impact the inventory robots market?
Major companies operating in the inventory robots market are focusing on developing advanced robots, such as autonomous aisle-scanning robots, to optimize inventory management, improve store operations, and enhance customer experience. Autonomous aisle-scanning robots are self-navigating machines that move through store aisles to monitor inventory levels, product placement, and shelf conditions, enhancing retail efficiency and accuracy. For instance, in July 2024, Simbe Robotics, a US-based automation technology company, introduced Tally Robot, a new capability that allows retailers to remotely monitor store shelves using imagery captured by the company’s autonomous aisle-scanning robots. This technology lets personnel view store conditions on mobile devices or desktops with high-definition snapshots and time-lapse footage of store shelves at various heights. Simbe’s Tally robots collect the imagery and data, which can now be accessed and analyzed through mobile apps, allowing store staff and managers to monitor inventory levels, product layouts, and other store aspects in real time. This advancement reflects the growing reliance of retailers on data analysis for efficient store management.
What are the major regional insights for the inventory robots market, and which region holds the top position?
North America was the largest region in the inventory robots market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the inventory robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Inventory Robots Market Report 2025 Offer?
The inventory robots market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Inventory robots are automated systems designed to manage, track, and organize inventory in warehouses, retail stores, or distribution centers. These robots improve efficiency, accuracy, and speed in managing inventory, reducing the need for manual labor and minimizing human error.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20857
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
