The worldwide warehouse and logistics robot unit shipments will increase
from 40,000 robots in 2016 to 620,000 robots annually by 2021,
according to highly reliable numbers from Tractica, which adds that the
$1.9 billion market in 2016 is expected to jump a staggering tenfold to an annual $22.4 billion by the end of 2021.
From a report on TechRepublic:
As a measure of global market value, Tractica also expects the robotic
shipments to reach $22.4 billion by the end of 2021, up from an
estimated $1.9 billion in 2016.
The report, which highlights market
drivers and challenges, profiles 75 "emerging industry players," and is
divided into sections based on robot type.
According to the report,
"warehousing and logistics industries are looking for robotics
solutions, more than ever before, to remain globally competitive," which
will "lead to widespread acceptance and presence of robots in
warehouses and logistics operations."
To allay fears about lost jobs due
to automation, the report authors said they expect that the increase in
robots will likely yield new jobs and opportunities for businesses."
The next 5 years will be a period of significant innovation in the
space, bringing significant opportunities for established industry
players and startups alike," said Manoj Sahi, a research analyst, in the
report.
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