Middle East & Africa Warehouse Robotics Market
Warehouse is the most crucial part of the entire supply chain process. This is where the products transit from the production facility, are identified, sorted and then, tagged to be stored in a recorded location until ordered. Middle East and Africa warehouse robotics has been growing with retail infrastructure in good shape. Material reduction and cost savings are the most suitable factors for the market to grow. Sophistication with simple wrapping has increased the shelf life of the product with growing penetration for robotics in warehouses. Food is the large end use vertical followed by industrial and beverages domain growing steadily during the forecast period. Articulated and Mobile robots are mostly used in the warehouses. This has made it necessary to move mechanization and automation into the warehouse, revolutionizing warehouse business to help the companies reduce overhead costs and increase productivity with consistency and accuracy, and artificial intelligence has helped achieve this. The race in adoption of this technology has already began, mainly driven by the intense competition between brick-and-mortar stores and the online stores; as the online retailers are trying hard to reduce the time it takes to deliver items to customers.
Middle East and Africa Warehouse Robotics market will grow by 10.33% CAGR over the period 2015-2020, to reach US$ 1.02 Billion by the end of 2020. UAE has increased in their investments in robotics and making warehouses more enabled and properly channelized. The basic functions of a warehouse are receiving, identifying and sorting, dispatching to storage, placing in storage, retrieving from storage, order picking, packing, shipping and record keeping. Based on the segmentation, Middle East and Africa is described on country level UAE, Saudi Arabia, South Africa & Others. Based on these functions, warehouse robotics equipment can be classified into articulated robots, gantry robots, robotic arms and mobile robots, where each one performs a specific function. Based on verticals, warehouse robotics market is classified into Food & Beverage, Automotive, Textile, Electrical & Electronics and Others. Major Companies that are associated with Middle East & Africa Warehouse Robotics Market are ABB Robotics, Eaton Corporation Public Ltd., Kiva Systems, Siemens AG, Kawasaki Robotics Inc., Toshiba Machine Co., Ltd., Yamaha Robotics and others.
WHAT THE REPORT OFFERS
1) Market Definition for the North America Warehouse Robotics Market along with identification of key drivers and restraints for the market
2) Market analysis of the North America Warehouse Robotics Market, with regional specific assessments
3) Identification of factors instrumental in changing the market scenarios and in offering prospective opportunities
Identification of key companies, which can influence the market on both the global and regional scales
4) Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares
5) Identification and analysis of the macro and micro factors that affect the North America Warehouse Robotics market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information