Retail Robotics Market By Application (Inventory Management, Delivery Management, In-Store Services), Type (Mobile Robotics, Stationary Robotics, and Semi-Autonomous) - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits - Forecast 2024-2032

Industry : Automotive & Transportation | Pages : 149 Pages | Published On : Mar 2024

         
     
The Retail Robotics Market is Valued US$ 46.0 billion in 2024 and projected to reach US$ 169.8 billion by 2032, growing at a CAGR of 32% During the Forecast period of 2024-2032.

Retail robotics was just a concept in past, but now growing level of automation in several industries like retail can be seen increasing through retail robotics. The market is highly driven by the fact that the Retail robots, are artificial intelligence equipped, and are able to collect significant accurate data regarding buyers’ habits and desires. This information permits retailers to expand their sales by suggested similar or suitable items to customers.

The Retail Robotics market is segmented by type, application, deployment and geography. Through the implementation of automation and intelligence i.e. retail robotics, retailers are becoming smart to revise their plans and become more customer-centric. These robots are also capable to handle duties like inventory monitoring and fulfillment needs of today’s Omni-channel orders. Additionally, innovations in computer vision, AI, deep learning, and robotic mechanics are facilitating robots is becoming increasingly adept at performing traditionally harder-to-automate tasks.

Retail Robotics Market Size

Graph
ReportDetails
Market Size ValueUS$ 46.0 billion in 2024
Market Size ValueUS$ 169.8 billion by 2032
CAGR32%
Forecast Period2024-2032
Base Year 2023
Historic Data2020

North America is anticipated to record maximum growth in retail automation market in the past, and is expected to continue its dominance throughout the forecast period, owing to well-established retail infrastructures, presence of key manufactures, and a large consumer base. Asia Pacific is the second region that is anticipated to show fast growth in the global retail automation market with significant market share, owing to increase in per-capita disposable income, changing consumer preferences, increase in digital transformations, and technological evolution.

The research covers the current and historic Retail Robotics market size and its growth trend with company outline of Key players/manufacturers: ABB Robotics, Honda Robotics, Locus Robotics, Soft Robotics, and Universal Robots A/S, Aethon, Alphabet Inc., Grey Orange, Softbank Group Corp, DJI, Rethink Robotics, Robotiq, Savioke, Simbe Robotics, Amazon Robotics, Bossa Nova among others

The Retail Robotics market research report provides an in-depth overview of the industry including market segmentation by type, application, deployment and geography. Analysis of the global market with special focus on high growth application in each vertical and fast-growing market segments. It includes detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top players rankings. The Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions.

The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the values to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. The report also covers qualitative analysis on the market, by incorporating complete pricing and cost analysis of components & products, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report also profiles all major companies active in this field.

Market Analysis and Insights: Retail Robotics Market Analysis & Insights

Retail Robotics Market Scope and Market Size

Retail Robotics market is segmented by type, application, deployment and geography. Players, stakeholders, and other participants in the global Retail Robotics market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2016-2027.

Report further studies the market development status and future and Retail Robotics Market trend across the world. Also, it splits Retail Robotics market segmentation by type, application, deployment and geography to deep dive research and reveals market profile and prospects.

Major Classifications are as follows:

By Type

  • Autonomous
  • Semi-Autonomous

By Application

  • Delivery Robots
  • Inventory Robots
  • In-Store Service Robots
  • Others

By Deployment

  • Cloud/Web-Based
  • In-Premise
  • Third Party Deployment Server

By Region

  • North America
  • Europe
  • Middle East and Africa (MEA)
  • Asia-Pacific (APAC)

Reason to purchase this report:

  • Determine prospective investment areas based on a detailed trend analysis of the global Retail Robotics market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different and Retail Robotics market segments in the top spending countries across the world and identify the opportunities offered by each of them.
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels that are driving the global Retail Robotics market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Retail Robotics market.
  • Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Retail Robotics market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.

Table of Contents:

  1. EXECUTIVE SUMMARY
  2. INTRODUCTION
    • Key Takeaways
    • Report Description
    • Market Scope & Definition
    • Stakeholders
    • Research Methodology
      • Market Size
      • Key Data Points From Primary Sources
      • Key Data Points From Secondary Sources
      • List Of Primary Sources
      • List Of Secondary Sources
  1. MARKET OVERVIEW
    • Industry Segmentation
    • Market Trends Analysis
    • Major Funding & Investments
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunities
    • Value Chain Analysis
    • Porter’s Five Forces Analysis
    • Value Chain/Supply Chain Of The Global Retail Robotics  Market
  2. IMPACT OF COVID-19 ON RETAIL ROBOTICTS MARKET
    • Impact Of Covid-19 On Market, By Type
    • Impact Of Covid-19 On Market, By Application
    • Impact Of Covid-19 On Market, By Deployment
    • Impact of Covid-19 On Market, By Region
  3. RETAIL ROBOTICS  MARKET, BY TYPE
    • Introduction
    • Autonomous
    • Semi-Autonomous
  4. BY APPLICATION
    • Introduction
    • Delivery Robots
    • Inventory Robots
    • In-Store Service Robots
    • Others
  5. BY DEPLOYMENT
    • Introduction
    • Cloud/Web-Based
    • In-Premise
    • Third Party Deployment Server
  6. BY GEOGRAPHY
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest Of Asia Pacific
    • Rest of the World
      • Middle East
      • Africa
  1. COMPETITIVE ANALYSIS
    • Introduction
    • Top Companies Ranking
    • Market Share Analysis
    • Recent Developments
      • New Product Launch
      • Mergers & Acquisitions
      • Collaborations, Partnerships & Agreements
      • Rewards & Recognition
  1. COMPANY PROFILES
    • ABB Robotics
    • Honda Robotics
    • Locus Robotics
    • Soft Robotics
    • Universal Robots A/S
    • Aethon, Alphabet Inc.
    • GreyOrange
    • Softbank Group Corp
    • DJI
    • Rethink Robotics
    • Robotiq
    • Savioke
    • Simbe Robotics
    • Amazon Robotics
    • Bossa Nova

TOC

Table and Figures

Methodology:

At MarketDigits, we take immense pride in our 360° Research Methodology, which serves as the cornerstone of our research process. It represents a rigorous and comprehensive approach that goes beyond traditional methods to provide a holistic understanding of industry dynamics.

This methodology is built upon the integration of all seven research methodologies developed by MarketDigits, a renowned global research and consulting firm. By leveraging the collective strength of these methodologies, we are able to deliver a 360° view of the challenges, trends, and issues impacting your industry.

The first step of our 360° Research Methodology™ involves conducting extensive primary research, which involves gathering first-hand information through interviews, surveys, and interactions with industry experts, key stakeholders, and market participants. This approach enables us to gather valuable insights and perspectives directly from the source.

Secondary research is another crucial component of our methodology. It involves a deep dive into various data sources, including industry reports, market databases, scholarly articles, and regulatory documents. This helps us gather a wide range of information, validate findings, and provide a comprehensive understanding of the industry landscape.

Furthermore, our methodology incorporates technology-based research techniques, such as data mining, text analytics, and predictive modelling, to uncover hidden patterns, correlations, and trends within the data. This data-driven approach enhances the accuracy and reliability of our analysis, enabling us to make informed and actionable recommendations.

In addition, our analysts bring their industry expertise and domain knowledge to bear on the research process. Their deep understanding of market dynamics, emerging trends, and future prospects allows for insightful interpretation of the data and identification of strategic opportunities.

To ensure the highest level of quality and reliability, our research process undergoes rigorous validation and verification. This includes cross-referencing and triangulation of data from multiple sources, as well as peer reviews and expert consultations.

The result of our 360° Research Methodology is a comprehensive and robust research report that empowers you to make well-informed business decisions. It provides a panoramic view of the industry landscape, helping you navigate challenges, seize opportunities, and stay ahead of the competition.

In summary, our 360° Research Methodology is designed to provide you with a deep understanding of your industry by integrating various research techniques, industry expertise, and data-driven analysis. It ensures that every business decision you make is based on a well-triangulated and comprehensive research experience.

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Covered Key Topics

Growth Opportunities

Market Growth Drivers

Leading Market Players

Company Market Share

Market Size and Growth Rate

Market Trend and Technological

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