Market Trends of Asia Pacific Warehouse Automation Industry
This section covers the major market trends shaping the APAC Warehouse Automation Market according to our research experts:
Automated Guided Vehicles (AGVs) is Expected to Have a Significant Growth
- The major application of mobile robots is in mobile automated guided vehicles (AGVs) that transfer items across APAC in warehouses and storage facilities. These robots follow pre-programmed paths, transporting things for transportation and storage 24 hours a day, seven days a week. AGVs are vital for lowering logistical costs and streamlining the supply chain.
- In addition to replenishing and picking, AGVs are used in inbound and outbound handling. AGVs, for instance, are used to move inventory from receipt to storage or from long-term storage to forward-picking locations to restock stock. Moving inventory from long-term storage to forward-picking locations guarantees enough inventory is available to selectors, resulting in a more effective order-picking process.
- The APAC warehouse landscape is evolving, with more automation and manual labor optimization used to cut costs and boost profits. Workers in a warehouse should spend their human intelligence on more value-adding activities while the robots step in and take care of efficiency mapping and waste reduction to produce a smooth flow.
- For instance, GreyOrange announced patents in September 2020 for technology critical for businesses to achieve high-yield omnichannel fulfillment and maximize facility space utilization through multilayer operation capabilities. First-to-Fill Technology, Retail-Ready Fulfilment, and Multilevel Robot Mobility are all covered by the patents.
- Robotics has become crucial to the profitability of several end users. The AMRs are leading the way since they are critical for quick, secure, and error-free delivery, a quick time to market, lower costs, and end-to-end trackability. The degree of autonomy distinguishes autonomous mobile robots (AMRs) from autonomous ground vehicles (AGVs).
- DHL established the Asia Pacific Innovation Center in Singapore in October 2021 as a showcase for new displays showcasing a cutting-edge, automated, and fully integrated e-commerce system. Geek+ announced a relationship with DHL to exhibit some of the company's greatest inventions at the Asia Pacific Innovation Center. Geek+ and DHL will demonstrate the future of warehouse robot automation.
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India is Expected To Witness High Growth In The Asia-Pacific Warehouse Automation Market
- The warehousing industry in India is undergoing a considerable transformation to keep pace with the country's growing manufacturing sector and massive logistics industry. The warehouse industry is expected to benefit significantly from adopting the goods and services tax and real estate investments. Instead of the current scattered and standalone facilities, GST would ensure that India sees a vast, consolidated area with central warehousing parks for the first time.
- Furthermore, India's adoption of e-commerce has resulted in a tremendous increase in business for the warehousing industry. This rapid expansion has brought with it a slew of new obstacles. Transportation delays, a shortage of experienced labor, and other factors prompted stakeholders to look beyond traditional tactics in favor of robotics-enabled automation systems.
- For instance, e-commerce giant Amazon, which plans to invest USD 5.0 billion in India, is focusing on automated warehouses around the country. It opened several new warehouses to serve a variety of customers. Amazon was one of the first few Indian corporations to experiment with and implement robotics in its warehouses.
- Also, India's warehouse landscape is evolving, with more automation and manual labor optimization used to save costs and boost profits. Workers in a warehouse should spend their human intelligence on more value-adding activities while the robots step in and take care of efficiency mapping and waste reduction to produce a smooth flow. Robotics has become crucial to multiple end users' profitability.
- Atmos Systems, India, a prominent name in warehouse automation, announced the Atmos A42N, an autonomous case handling robotic (ACR) system that can greatly improve a warehouse's inbound and outgoing efficiency in December 2021. The system is packed with user-friendly features, allowing greater warehouse location flexibility.
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