US Warehouse Automation Market to Witness Impressive Growth with AGV, AMR Technologies

LOS ANGELES - Feb. 16, 2023 - PRLog -- Automating warehouse operations helps to cut down on manual labour. To increase accuracy and efficiency, it automates warehouse jobs using software, hardware, and procedures. Improved security, more effective data management, less human error, and better safety are some of the main advantages of warehouse automation.

Despite a rise in unemployment, warehouses have more job openings than ever before. Only a small percentage of industrial plants have deployed material handling robots, and less than 1% of warehouses have utilized AMRs for order fulfilment by the end of 2020. The pandemic led to both benefits and drawbacks for the mobile robot business due to increased demand for automation from the rise of e-commerce and decreased throughput caused by social isolation.

Increasing Demand for AGV & AMR Technology
AGV and AMR technologies are rapidly emerging in the US and globally, driven by the need for simplified warehousing solutions as e-commerce grows. AGVs offer several advantages, including lower labor costs, reduced product damage, higher production, and automation support. This is prompting logistics and transportation companies to adopt AGVs to improve their operational efficiency.

Key Development
American firms such as Berkshire Grey, Cognex, Symbotic, and Zebra Technologies (ZBRA) are involved in warehouse automation, with Zebra acquiring Fetch Robotics in August 2021 to expand its inventory management technology. The demand for fast delivery of online goods, along with labor shortages, is driving the shift towards warehouse automation. Amazon alone was responsible for 38% of warehouse automation spending in the US in 2021.

Further Key Findings

• US government invested $250M in 300 research initiatives for developing robots to increase safety, productivity, and independence.
• Renting a robot costs $8/hour while the minimum wage for a human worker is $15/hour, making warehouse automation economics evident.
• IoT is transforming warehouses by coordinating moving parts and allowing devices and systems to scan, store, share, and retrieve data in real-time.
• Increasing consumer expectations are driving the trend of stocking more SKUs, requiring adaptable fulfilment systems with varied picking methods.
• 38% of American businesses plan to improve inventory accuracy by increasing SKUs and barcode scanners, with the average number of SKUs in a warehouse increasing from 13,130 to 13,985 in 2018.

Check out Makreo Research's latest study, 'United States Warehouse Automation Market Revenue Forecast (2023-2028),' which provides a comprehensive evaluation of the industry's past, present, and future performance in the US.

Find out more:-
United States Warehouse Automation Market Revenue Forecast (2023-2028) (https://www.makreo.com/report/united-states-warehouse-aut...)

* Request the Free Sample Report on given link

Contact Us: –
Makreo Research and Consulting
Send us a query at info@makreo.com (http://makreo.com/)