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Inventory Robots Market Share

Report ID: GMI11721
Published Date: Oct 2024
Report Format: PDF

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Inventory Robots Market Share

The industry is highly dynamic, with companies like Geek+ Robotics Co., Ltd. and AutoStore AS leading advancements in automation. Geek+ Robotics specializes in modular and scalable robots, enhancing warehouse efficiency with cutting-edge navigation and AI. AutoStore AS offers compact, high-density storage solutions, optimizing space and retrieval processes. Zebra Technologies Corp. integrates its robotics with extensive data solutions, improving real-time inventory management.

PAL Robotics S.L. focuses on human-robot interaction, making their robots intuitive for various operational tasks. GreyOrange Pte. Ltd. is known for its versatile, adaptive robots designed to handle diverse warehouse environments. InVia Robotics, Inc. emphasizes flexible picking solutions, while Aethon, Inc. provides autonomous mobile robots for streamlined material transport. Together, these companies drive significant innovation in the inventory robotics sector.

Inventory Robots Market Companies

Major players operating in the industry are:

Geek+ Robotics Co., Ltd.
AutoStore AS
Zebra Technologies Corp.
PAL Robotics S.L.
GreyOrange Pte. Ltd.
inVia Robotics, Inc.
Aethon, Inc.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The industry was valued at USD 4.17 billion in 2023 and is projected to grow at a CAGR of over 18.2% from 2024 to 2032, driven by the rapid expansion of e-commerce and the need for efficient inventory management solutions.

The autonomous segment captured a 53.9% market share in 2023. Technological advancements are driving the demand for these robots, as they offer faster and more reliable warehouse operations.

North America led the market with a 33% share in 2023 and is expected to maintain its dominance throughout the forecast period, supported by the region's strong focus on automation and technological innovation.

Key players include Geek+ Robotics Co., Ltd., AutoStore AS, Zebra Technologies Corp., PAL Robotics S.L., GreyOrange Pte. Ltd., inVia Robotics, Inc., and Aethon, Inc.