Robot Shipment will Reach Up To 1 Million Annually by 2022: Tractica Report

Robot Shipment will Reach Up To 1 Million Annually by 2022: Tractica Report

With the growing number of warehousing and logistics companies, incorporating robots to reap advantages of speed, efficiency, and increasing profits to remain competitive in market are also increasing. As quoted by Tractica, “Mobile robot platforms, shuttle automated storage and retrieval systems, industrial robotics manipulators, and Gantry robots are all driving market growth.”

From day to day, consumers continue to demand rapid fulfilment – at the same time, robotic warehousing and logistics technologies are advancing in capability and becoming more affordable each year.

See also: The Power and Advantage of Mobile Printing in Warehouse

  • Mobile robot platforms such as autonomous mobile robots or self-driving vehicles, automated guided vehicles, laser guided vehicles, and vision guided vehicles.
  • Shuttle AS/RS such as single-level and multi-level.
  • Industrial robotic manipulators such as material handling robots, packaging robots, palletizing robots, and collaborative robots.
  • Gantry robots such as Cartesian robots, XYZ + additional degrees of freedom.

According to a report from Tractica, robots and supply of advanced robotic solutions have created a tipping point that could lead to widespread adoption of robots which later can assist and displace human workers. The forecast shows that worldwide shipments of warehousing and logistics will grow rapidly over next 5 years from 194,000 units in 2018 to 938,000 units annually by 2022. Hence, Tractica estimates that worldwide revenue will also increase. In 2018, the revenue of robotic shipment is $8.3 billion and it is forecasted to increase by $30.8 billion in 2022.

Gleen Sanders, a senior technology analyst at Tractica LLC, said “Warehousing and logistics robot market is experiencing strong growth, and supply chains are being transformed as companies replace fixed infrastructure and outdated processes with flexible, scalable robotic solutions to meet the changing demands of modern commerce.” Many companies, as well, are beginning to leverage robotic solutions, especially robot platforms, shuttle automated storage and retrieval system that can transform how warehouse organise, store, and retrieve items. The technology can also change how logistics store, transport, and ship goods.   

However, there is a challenge of how robot will really shape warehousing and logistics. For example, there are still difficulty in designing robotic system for highly complex supply chains cost, skill gaps, and human workforce training. Another technological issue is related to self-driving, random item picking, warehouse layout and robotic integration, quality of Big Data, and safety and standards.

Yet, Tractica’s report has summarised strategic recommendations that can be good solutions of robotic adaptions in warehousing and logistics space. Moreover, for companies that are ready to adapt robotic solutions, they should carefully plan and design their new system in order to align with their business now and in future.

Read also: Flows and Tolls: International Trade in Logistics

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