Warehouse Robotics Market - Forecast(2020 - 2025)
Warehouse Robotics Market Overview: According to a report released by CBRE Group Inc., which is a commercial real estate service and investment firm, warehouse landscape in the United States of America is on a rise. Average size of a warehouse has increased by 143 per cent in the last ten years with 184,693 square feet being the size of a typical warehouse. [1] These warehouses have expanded due to rising e-commerce sector and now require a higher number of workers for smooth functioning. Since manpower is limited, e-commerce giants are now relying on robots to run the space and perform work tirelessly. This has given birth to warehouse robotics market which has witnessed exponential growth in the last few years. In the year 2018, the global warehouse robotics market size stood at $2.79 billion, and during the forecast period of 2019-25, the global market size is expected to grow with a compound annual growth rate (CAGR) of 10.46%. Request Sample Warehouse Robotics Market Outlook: