KEY FINDINGS
The India warehouse robotics market is estimated to register a CAGR of 16.32% over the reviewed period. The country’s market growth is supplemented by factors such as the surging investments by companies across warehouse industries, the evolving business and consumer behavior trends, and the growing adoption of e-commerce. The base year considered for the market study is 2020 and the forecast years are from 2021 to 2026.
MARKET INSIGHTS
In India, leading companies like Amazon continue to acquire large automated warehouses on a lease, in addition to the acquisition of airplane fleets as well as multi-billion dollar warehousing robotic enterprises. The firms are also experimenting with drone deliveries in order to reach and cater to customers faster. The move of the retail giant Walmart, in India, resulted in the purchase of the country’s online marketplace Flipkart. Consequently, the change of sentiments in terms of buyer behavior across India will further increase the demand for more storage and also multiply the points of storage.
According to statistics, the need for e-commerce warehousing recorded healthy growth over recent years, with its share in warehousing demand elevating from 14% to 23% between 2017 and 2020. Hence, the shift in buying behavior is anticipated to enhance the share of e-commerce in warehousing demand in India. As a result, the unprecedented developments across the country’s e-commerce industry followed by the upsurge in investments by companies in warehouse industries is projected to drive the market for warehouse robotics.
COMPETITIVE INSIGHTS
Leading players operating in the market are Bharati Robotic Systems India, Peer Robotics, UnboxRobotics, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments