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Global Piece Picking Robots Market (2020 to 2025) – Growth, Trends, and Forecasts – ResearchAndMarkets com

ResearchAndMarkets.com’s offering. 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.

Global Thermal Energy Storage (TES) Market, 2020-2027 - Growing Trend towards Green/LEED Buildings Offer Lucrative Market Growth Opportunities

Share this article Share this article ResearchAndMarkets.com s offering. The global Thermal Energy Storage (TES) market along with the rest of energy industry value chain is expected to be impacted by the ongoing pandemic and the virus led global recession. The global market size is revised at a projected US$8 billion for the year 2027. Government measures to curtail movement of people and good sand the worst ever economic downturn will together bring down the energy industry in the year 2020. Lockdowns are bringing electricity consumption in malls, hotels, gyms, schools, shops to almost zero. Utilities are staring at a severe cash crunch as revenues sharply decline and spot prices of electricity plummet. Energy storage deployments worldwide will decline steeply from earlier projections for the year 2020. As finances dry-up for consumers and businesses alike, sales of energy storage systems for homes, building and industrial processes will decline.

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