Connect with us

Technology

Global Warehouse Robotics Market Share Projected to Exceed USD 5,609.75 Million by 2034, Surging at 13.8% CAGR, Amid Expanding E-commerce Sector Demands | Future Market Insights, Inc.

Published

on

How Big is the Opportunity for Warehouse Robotics in Australia and New Zealand?

Australia and New Zealand to Exhibit High Demand for Robotic Distribution Systems with Increasing Internet Penetration

Demographic change in developed countries such as Australia and New Zealand is accelerating e-commerce industry expansion. Growing millennial population and availability of consumables at finger tips are undoubtedly responsible for the surge of product demand.

Warehouse owners are trying to keep pace with the rapid increase in terms of high demand. It is further creating an increasing need for warehouse robots across Australia and New Zealand.

What is the Demand Outlook for Warehouse Robotics Solutions in Japan?

Japan-based Companies to Look for Robotic Inventory Management as Need for Smooth Material Handling Burgeons

Robot density across several countries is increasing at a significant rate, thereby creating huge demand for robots in warehousing activities. According to the International Federation of Robotics, the top countries in automation also include Japan, which is boosting its robot density ranking across the globe.

With changing lifestyles and expansion of the e-commerce & logistics industry across the country, demand for automation among warehouses is increasing. Several companies are focusing on automating their warehouses to enhance goods handling and storage activities.

NEWARK, Del., July 23, 2024 /PRNewswire/ — According to a Future Market Insights (FMI), the global warehouse robotics market size is poised for significant growth, achieving USD 1,540.57 Million in 2024. The sales of warehouse robotics are envisioned to thrive at a CAGR of 13.8% from 2024 to 2034. By 2034, the demand for warehouse robotics is anticipated to attain a valuation of USD 5,609.75 Million.

The warehouse robotics market is growing owing to the rise in labor expenses, the e-commerce sector, and the demand for more accuracy and efficiency in warehouse operations.

Due to technological innovations, the e-commerce industry is expanding at an impressive rate. The shopping experience gets better because of technologies like artificial intelligence (AI), blockchain, augmented reality (AR), virtual reality (VR), and machine learning (ML). The warehouse robotics producers look for innovative ways to improve operations and logistics while cutting expenses and delivery times.

Request Sample Report for More Key Insights! https://www.futuremarketinsights.com/reports/sample/rep-gb-842 

The major hurdles hinder small and mid-sized businesses due to the high initial cost of implementing a robotic setup in the warehouse. The employment of laborers is negatively affected by the adoption of warehouse robotics. Growing employment and wage effects from robot adoption are predicted to impede the expansion of the warehouse robotics sector.

Key Takeaways:

The automated guided vehicle sector in the type category to grab a share of 44.0% in 2024.In the function category, the transportation sector to acquire a market share of 38.5% in 2024.Australia warehouse robotics market is likely to exhibit a CAGR of 19.1% through 2034.India warehouse robotics industry is anticipated to boost at a CAGR of 16.8% between 2024 and 2034.The United States warehouse robotics sales is anticipated to evolve at a CAGR of 13.9% through 2034.Germany warehouse robotics market is envisioned to develop at a CAGR of 11.9% from 2024 to 2034.China sales of warehouse robotics are expected to surge at a CAGR of 10.9% through 2034.

“The evolving demand for automation in logistics is expected to thrust the warehouse robotics industry into an exponential trajectory. Manufacturers of warehouse robotics are adopting robotics to enhance operations and maintain profitability in shifting supply chain environments, with a growing focus on efficiency, safety, and adaptability.”, – opines Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

Top Warehouse Robotics Market Trends Listed by Future Market Insights (FMI)

The conventional storage approach finds it difficult to keep up with the unpredictable shopping patterns and increased expectations of today’s internet users.New improved technologies are being used by several distribution centers to increase total output, accuracy, and efficiency.E-commerce has an impact on worker requirements across industries, not simply warehousing and logistics firms.Demand for workforce in the warehousing and logistics sector is significantly impacted by the e-commerce sector’s explosive rise.As a result, businesses are facing trouble meeting the increased demand for personnel.In order to attract and keep employees, businesses must raise wages and provide more extensive benefits.Retailers grappling with growing workforce expenses, shipment delays, and stock outs are experiencing the effects of this knock-on effect.Automation is nowadays a part of the aircraft sector owing to developments in robotic technology.Ergonomic problems brought on by humans performing repetitive tasks were decreased as a result of the usage of warehouse robots to evaluate applications.End users frequently handle large, heavy components in the aerospace sector.As a result, high payload robots equipped with sensors are used.A few advantages of warehouse robots include temporary cleaning and wiping of parts without shutting down the entire system and excluding the fencing.A robotic system must be more precise, adaptable, and quick in the electronics sector.Traditional robots in this industry’s assembly applications require substantial deployment costs and human support.While for the same activity, warehouse robots can be used for a far lower cost.Healthcare, food & agriculture, plastics & polymers, pharmaceuticals & chemistry, furniture & equipment, and science & research are a handful of industries that warehouse robots support.Technological development and automation trends in these industries are essential drivers of market expansion.Specially designed warehouse robots are being extensively used across the globel.Mobile robots that are lightweight & portable and can travel between sections of warehouses are becoming increasingly popular among market participants in the manufacturing sector.Significant advancements in warehouse robot technology promise to boost productivity and growth across a wide range of industries in the next ten years.The range of applications that end users can undertake will be expanded by advances in gripper and sensor technologies.

Which Factors Might Hinder Warehouse Robotics Demand?

Expansion of Omni-channel has given customers more alternatives for placing orders across a wide range of channels.Key stakeholders must overcome obstacles in order to adapt to changing client needs.Leading players in the market might also struggle to control the fluctuating demand.Scalability and increasing flexibility of warehouses, together with high investment costs, are limiting the necessity for professional workforce.Demand for warehouse robotics might be constrained over the foreseeable future due to high capital and operating costs.

Regional Outlook:

The warehouse robotics market in Asia Pacific is growing due to rapid industrialization and the usage of cutting-edge technologies in production. Government programs that support smart logistics and automation technologies enhance the region’s prominence in the global warehouse robotics industry.

Robust labor laws and an emphasis on operational efficiency promote a steady expansion of warehouse robotics market throughout Europe. With its strong automation and technical capabilities, Germany has become a center of innovation in warehouse robotics in Europe.

Lifted by a tech-savvy customer base and an ambition for logistical optimization, North America leads the adoption of warehouse robotics. Due to its competitive retail environment and need for quick fulfillment, the United States is at the center of warehouse robot innovation.

Competitive Landscape:

Prominent warehouse robotics manufacturers invest in research and development to broaden their product offerings, contributing to market expansion. The warehouse robotics vendors employ various methods to enhance their worldwide footprint and presence.

Notable trends in the warehouse robots market include introducing new products, partnerships and acquisitions, increased investments, and collaborations. The warehouse robotics sector must provide affordable products to grow and thrive in an increasingly competitive and dynamic market.

Latest Advancements:

Honeywell International Inc. announced in February 2023 the inauguration of its new research and development facility to expand its technologies, assisting logistics and warehouse industries around Europe.BlueBotics launched ANTdriven.com in May 2023. This new training resource can help warehouse, manufacturing, and supply chain managers learn about and experiment with several automated vehicle technologies from the ANT navigation ecosystem.

Purchase Report for More Industry Dynamics! https://www.futuremarketinsights.com/checkout/842 

Key Manufacturers in Warehouse Robotics Industry:

ABB Ltd.Addverb TechnologiesDaifukuFANUC CorporationGeekplus TechnologyHikrobotIAM RoboticsInVia Robotics Inc.JBTKION Group AGKnapp AGKUKAAGLocus RoboticsMagazino GmbHMurata Machinery Ltd.Omron CorporationScallogShanghai Quicktron Intelligent Technology Co. Ltd.Shopify Inc.SSI SchaefferLowpad B.V.AgiloxMobile Industrial RobotsOTTOUniversal Robots

Warehouse Robotics Market Segmentation:

By Product Type:

Autonomous Mobile RobotsAutomated Guided VehicleArticulated RobotsCylindrical and SCARA RobotsCollaborative RobotsOthers

By Function:

Picking and PlacingPalletizing and De-PalletizingTransportationPacking

By Payload Capacity:

Below 100 Kg100 to 200 Kg200 to 300 Kg300 to 400 Kg400 to 600 Kg600 to 900 Kg900 to 1200 KgAbove 1200 Kg

By End-use Industry:

Food and BeverageElectronics and ElectricalMetal and MachineryAutomotivePharmaceuticalsIndependent WarehouseCold StorageDry StorageE-commerceChemical, Rubber and PlasticsOthers

By Region:

North AmericaLatin AmericaEast AsiaSouth Asia PacificWestern EuropeEastern EuropeCentral AsiaRussia and BelarusBalkan and Baltic CountriesMiddle East and Africa

About Future Market Insights – Industrial Automation Division:

The Industrial Automation division of Future Market Insights offers a novel approach and innovative perspective in analyzing the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial, and special-purpose machinery across the manufacturing sector and distinctive analysis of the installed base, consumables, replacement, and USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Explore Future Market Insights, Inc. Extensive Coverage in Industrial Automation Domain:

The global industrial robotics market share is anticipated to surpass USD 220 Billion by the end of 2033.

The global industrial robot controller market analysis states that the industry is poised to reach a size of USD 1081.6 Million in 2024.

The global industrial robot market share is projected to grow at a robust CAGR of 17.20% CAGR from 2023 to 2033.

The industrial robotic motors market size is anticipated to be worth USD 4.6 Billion by 2033.

The robotic lawn mower sales forecasted to boost at a CAGR of 12.50% CAGR during forecast period 2024 to 2034.

The global collaborative robots demand is predicted to grow at a CAGR of 25.1% from 2023 to 2033.

The global modular robotic market valuation is projected to reach a valuation of USD 66.42 Billion by 2034.

The global powered lawn mowers market revenue is expected to surpass USD 2,323.8 Million by 2033.

The global ride-on mower industry is estimated to reach a valuation of USD 4530.0 Million by 2032.

The global traction motors market revenue share is forecasted to surpass USD 30.0 Billion by 2032.

About Future Market Insights (FMI):

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and market analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn | Twitter | Blogs | YouTube

Logo: https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/global-warehouse-robotics-market-share-projected-to-exceed-usd-5-609-75-million-by-2034–surging-at-13-8-cagr-amid-expanding-e-commerce-sector-demands–future-market-insights-inc-302204023.html

Continue Reading

Technology

PlanetiQ Selected for NOAA’s Space-Based Environmental Monitoring IDIQ

Published

on

By

Selection builds on PlanetiQ’s long-standing relationship with NOAA and adds thermospheric neutral density to its environmental data offerings

GOLDEN, Colo., Sept. 11, 2026 /PRNewswire/ — PlanetiQ, a leading provider of commercial satellite-based environmental data, today announced that it has been selected as an industry partner under NOAA’s new Space-Based Environmental Monitoring (SBEM) Indefinite Delivery, Indefinite Quantity (IDIQ) contract. Through the SBEM IDIQ, PlanetiQ will be eligible to compete for task orders to provide NOAA with two types of commercial environmental data: Global Navigation Satellite System-Radio Occultation (GNSS-RO) observations for atmospheric profiling and ionospheric monitoring, and thermospheric neutral density data for satellite orbit prediction.

“This selection builds on our long-standing partnership with NOAA and expands the ways our data can support the agency, from high-resolution atmospheric and ionospheric observations to thermospheric neutral density for satellite orbit prediction,” said Ira Scharf, CEO of PlanetiQ.  

The SBEM IDIQ, established by NOAA’s National Environmental Satellite, Data, and Information Service (NESDIS) through its Commercial Data Program. The contract has a five-year base period followed by a five-year option and is effective from September 1, 2026, through August 31, 2036.

Under SBEM, PlanetiQ will provide data from its existing satellite constellation as well as additional satellites planned for launch later this year. The company’s GNSS-RO observations provide high-resolution atmospheric profiles for numerical weather prediction and measurements of the ionosphere, including Total Electron Content (TEC) and scintillation. PlanetiQ will also introduce thermospheric neutral density data as a new commercial data product for NOAA NESDIS, supporting improved satellite orbit prediction and space-weather applications.

“PlanetiQ has built its business around delivering high-quality GNSS-RO data with the precision needed to improve weather forecasting,” said Ira Scharf, CEO of PlanetiQ. “This selection builds on our long-standing partnership with NOAA and expands the ways our data can support the agency, from high-resolution atmospheric and ionospheric observations to thermospheric neutral density for satellite orbit prediction. We look forward to continuing to work with NOAA to advance weather forecasting and space weather applications.”

Per NOAA’s own press release, NOAA is expanding its procurement and use of new commercial environmental satellite data streams that will enhance weather forecasting and space weather monitoring. The SBEM IDIQ contract is a key part in the agency’s ongoing effort to boost U.S. weather forecasting capabilities.

PlanetiQ currently provides GNSS-RO data to NOAA NESDIS under the agency’s previous commercial data contract vehicle. The company’s most recent task order, announced in August, provides GNSS-RO and ionospheric data and bridges the transition to the new SBEM contract.

About PlanetiQ

PlanetiQ provides the highest-quality GNSS radio occultation (RO) data available from a commercial constellation of satellites, offering unmatched temporal and spatial resolution. The data drive accurate, high-impact weather and climate forecast models, helping improve Numerical Weather Prediction and AI forecasts, safeguard lives and property from severe weather. In 2025, PlanetiQ was awarded NOAA’s largest-ever contract for satellite weather data, valued at $24.3 million. PlanetiQ is a space-tech company that serves the most mission-critical government, defense, and industry leaders, including international weather agencies, enabling more resilient operations across sectors. Founded in 2015 and privately owned, PlanetiQ designs, builds, and operates the preeminent commercial constellation of GNSS-RO satellites, setting the standard for precision and reliability in atmospheric monitoring. For more information, contact info@planetiq.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/planetiq-selected-for-noaas-space-based-environmental-monitoring-idiq-302876567.html

SOURCE PlanetiQ

Continue Reading

Technology

New Bloomberg Tax Projections Give Tax Professionals an Early Start on 2027 Planning

Published

on

By

ARLINGTON, Va., Sept. 11, 2026 /PRNewswire/ — Bloomberg Tax & Accounting released its 2027 Projected U.S. Tax Rates, which indicates a 3.2% increase in inflation from 2026 (compared to the 2.7% increase from 2025). The full report is available at https://aboutbtax.com/bmN8.

Bloomberg Tax’s annual Projected U.S. Tax Rates Report provides early, accurate notice of the potential tax savings that could be realized due to increases in deduction limitations, upward adjustments to tax brackets, and increases to numerous other key thresholds.

In an unprecedented event, the Bureau of Labor Statistics did not report the data from October of 2025. Thus, the C-CPI-U has been computed on an 11-month average.

The report accounts for several new adjustments made under the One Big Beautiful Bill Act (OBBBA) that affect tax planning for taxpayers in 2027 and beyond. For corporate taxpayers and passthroughs, they include an adjustment to the employer-provided child care credit, initially enhanced by the OBBBA. It also includes an adjustment to the threshold for information at source reporting requirements, which was initially increased by the OBBBA. For individuals, the report includes varied income tax rates with steeper adjustments for lower brackets.

“Tax professionals are being asked to make consequential planning decisions amid constant policy change and growing complexity,” said Evan Croen, head of Bloomberg Tax & Accounting. “By providing trusted projections before official figures are released and carrying those updates directly into the tools where professionals work, we can help them move from information to action sooner and spend more time applying their expertise to the decisions that matter most.”

The updated rates flow directly into Bloomberg Tax’s innovative software solutions including Bloomberg Tax Provision, Bloomberg Tax Fixed Assets, and Bloomberg Tax Workpapers. This is an example of the power and efficiency of Bloomberg Tax & Accounting’s integrated suite of solutions, which modernizes the corporate tax process, from data collection to tax calculations that power key deliverable.

Other key adjustments, with comparisons of the 2026 amounts and 2027 projections, include:

Individual Income Tax Rate Brackets 

Married Filing Jointly and Surviving Spouses

2026 Tax Rate Bracket Income Ranges

Projected 2027 Tax Rate Bracket Income Ranges

10% – $0 to $24,800

10% – $0 to $25,600

12% – Over $24,800 to $100,800

12% – Over $25,600 to $104,050

22% – Over $100,800 to $211,400

22% – Over $104,050 to $218,250

24% – Over $211,400 to $403,550

24% – Over $218,250 to $416,650

32% – Over $403,550 to $512,450

32% – Over $416,650 to $529,100

35% – Over $512,450 to $768,700

35% – Over $529,100 to $793,650

37% – Over $768,700

37% – Over $793,650

Unmarried Individuals (other than Surviving Spouses and Heads of Households)

2026 Tax Rate Bracket Income Ranges

Projected 2027 Tax Rate Bracket Income Ranges

10% – $0 to $12,400

10% – $0 to $12,800

12% – Over $12,400 to $50,400

12% – Over $12,800 to $52,025

22% – Over $50,400 to $105,700

22% – Over $52,025 to $109,125

24% – Over $105,7000 to $201,775

24% – Over $109,125 to $208,325

32% – Over $201,775 to $256,225

32% – Over $208,325 to $264,550

35% – Over $256,225 to $640,600

35% – Over $264,550 to $661,375

37% – Over $640,6000

37% – Over $661,375

Standard Deduction

Filing Status

2026

Standard Deduction

Projected 2027

Standard Deduction

Married Filing Jointly/Surviving Spouses

$31,500

$33,200

Heads of Household

$23,625

$24,925 ($24,950)

All Other Taxpayers

$15,7500

$16,600

Alternative Minimum Tax (AMT)

Filing Status

2026

AMT Exemption Amount

Projected 2027

AMT Exemption Amount

Married Filing Jointly/Surviving Spouses

$140,200

$144,700

Unmarried Individuals

(other than Surviving Spouses)

$90,100

$93,000

Married Filing Separately

$70,100

$72,350

Estates and Trusts

$31,400

$32,500

About Bloomberg Tax

Bloomberg Tax delivers a comprehensive suite of solutions designed to help tax and accounting professionals navigate a complex global landscape. By combining practitioner-driven insights with intelligent, AI-powered tools, we provide the expertise you need to ensure compliance, streamline workflows, and drive strategic decision-making. Our integrated solutions simplify intricate calculations and adapt to changing regulations in real time, empowering your organization to mitigate risk, optimize tax strategies, and achieve measurable results with confidence and precision.

Bloomberg Tax is part of Bloomberg Industry Group, an affiliate of Bloomberg L.P., a global leader in business and financial information, data, news, and insights.

For more information, visit bloombergtax.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-bloomberg-tax-projections-give-tax-professionals-an-early-start-on-2027-planning-302876568.html

SOURCE Bloomberg Tax

Continue Reading

Technology

o15 Capital Partners Announces Realization of $31 Million Senior Secured Credit Facility to Simplify Compliance

Published

on

By

ATLANTA, Sept. 11, 2026 /PRNewswire/ — o15 Capital Partners (“o15”), through its Emerging America Credit Opportunities (“EACO”) fund and its affiliates, is pleased to announce the successful exit of a $31 million senior secured credit facility provided to Simplify Compliance Holdings, LLC (“Simplify” or the “Company”), a diversified provider of B2B training, events, and subscription information backed by Leeds Equity Partners (“Leeds Equity”). Repayment followed the sale of the Company’s datacenterHawk business unit to S&P Global.

The successful realization reinforces o15’s continued conviction in the lower middle market, where disciplined underwriting, sector expertise, and close sponsor partnerships can drive strong investment outcomes. The facility provided flexible capital to support the Company’s strategic objectives and Leeds Equity’s ongoing value creation initiatives.

“Leeds Equity was an excellent partner throughout this investment, and the outcome speaks to their track record building durable businesses,” said Kenneth Saffold, co-CEO and Managing Partner at o15. “We were glad to underwrite behind the strength of Simplify’s digital-first product suite across compliance, workforce training, and data and information assets.”

“o15 was a thoughtful and responsive partner throughout this investment. Their speed and ability to tailor a solution to the Company’s needs were meaningful factors in our financing relationship,” said Chris Mairs, Managing Director at Leeds Equity.

The exit underscores o15’s differentiated investment approach, combining thoughtful structuring, sector expertise, and a focus on measurable impact. Business services and information platforms remain a core area of focus for o15, given the critical role these businesses play across the lower middle market.

About o15 Capital Partners

Based in Atlanta, o15 Capital Partners is an alternatives investment firm that provides growth capital to undercapitalized lower middle market businesses and communities in the Healthcare, Education and Business Services industries.

To learn more about o15 Capital Partners or discuss a new investment opportunity, please visit and follow us on LinkedIn, or reach out to a member of our investment team.

Disclaimer: The information herein should not be construed as investment advice or a recommendation of any security, investment, or investment strategy. References to this investment are for illustrative purposes only, are not representative of all investments made by o15, and should not be construed as a recommendation of any particular investment or investment strategy. Other investments made by o15 have had, and future investments may have different characteristics and results.

media@o15.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/o15-capital-partners-announces-realization-of-31-million-senior-secured-credit-facility-to-simplify-compliance-302876584.html

SOURCE o15 Capital Partners

Continue Reading

Trending