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The Piece Picking Robots Market is expected to grow at a CAGR of 11.7% over the forecast period 2020 to 2025.
With the requirement for e-commerce and product assortment quickly growing, the demand for piece-picking solutions has grown substantially. Additionally, labor deficits in the logistics industry, including securing employees for ordinary tasks such as picking, have become a hurdle for warehouse managers.
Key Market Trends
Collaborative Robots to Drive the Market
Collaborative mobile robots augment humans’ work to improve accuracy and by leading warehouse associates to correct pick locations and to utilize UPC scanning, further reducing human error. As, according to HMC Investment Securities, it is expected that, by 2025, the global co-bot market size will reach around USD 12.8 billion, the Piece Picking Robots Market is envisioned to get a boost.