Global warehouse robotics market 2017-2022

16 March 2017

According to a report by MarketsandMarkets (M&M), the global warehouse robotics market is expected to be valued at USD 4.44 Billion by 2022, growing at a CAGR of 11.8% between 2017 and 2022. The factors that are driving the growth include the growing e-commerce industry, need for efficient and reliable warehouse operations, active funding from venture capitalists, rising labor cost, and increasing adoption of warehouse robotics by SMEs.
The growing trend of processed food and packaged eatables, requirement of clean room storage, and need for automated and hygienic handling of food items are expected to drive the growth in the food and beverages industry (Press Release M&M, 22 February 2017).
Click here for the press release.
Click here for more information about the report.

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