The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Humanoids
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Business
    • Financial
      • Investments
      • Mergers & Acquisitions
      • Earnings
    • Markets
      • Agriculture
      • Healthcare
      • Logistics
      • Manufacturing
      • Mining
      • Security
    • RBR50
      • RBR50 Winners 2025
      • RBR50 Winners 2024
      • RBR50 Winners 2023
      • RBR50 Winners 2022
      • RBR50 Winners 2021
  • Resources
    • Automated Warehouse Research Reports
    • Digital Issues
    • eBooks
    • Publications
      • Automated Warehouse
      • Collaborative Robotics Trends
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
  • Advertise
  • Subscribe

Interact Analysis predicts robotic picking market to grow to $6.8 billion by 2030

By Irene Zhang | June 6, 2023

Interact Analysis chart showing growth in annual revenue for robotic picking operations between 2022 and 2030.

New research by Interact Analysis shows the market for robotic picking is in the early stages of growth but presents huge potential. The market was worth $236 million in 2022, but by 2030 this will increase to $6.8 billion. Rising labor costs and supply chain constraints are likely to be key drivers for the market, as companies turn to automation to relieve operational pressures. The growth of e-commerce and warehouse automation will also impact the market for robotic picking technology.

There are currently very few suppliers to the robotic picking market and a low installed base. By the end of 2022, Interact Analysis’ research shows there were just 33 suppliers in the market, most of which entered it within the last 5 years. However, despite the market currently being relatively small, there is huge growth potential for the robotic picking sector, with the increase in warehouse automation set to have a positive impact on the market. In 2022, the number of employees performing static manipulation tasks in warehouses was 4.3 million and by 2030 this figure will reach 7.5 million. This expansion will substantially increase the total addressable market for robotic picking.

There are a number of factors that are influencing the adoption speed of robotic picking technology, one of which is shift patterns. Those companies with 2-shift and 3-shift operations have a tendency towards faster adoption rates than those with lower shift patterns as they can significantly reduce labor costs by installing the technology. The growth of e-commerce is having a huge impact on the market due to the 24/7 nature of its operations, with multiple shifts. Picking robots can work longer hours and achieve a greater number of picks than manual workers at a lower overall cost.

Irene Zhang, Senior Analyst at Interact Analysis comments, “The market for robotic picking is certainly an exciting and dynamic one. The market share landscape is set to look very different in 2030 compared with today due to an influx of new vendors. The market share can alter considerably from just one supplier being awarded a large project. For example, Boston Dynamic’s $15 million deal with DHL will have a significant impact on its 2023 share of the robotic picking market.

“The US considerably leads the way for the robotic picking market, and we expect this to continue over our forecast period. This is in part due to the high labor costs faced by US companies. Out of the 33 suppliers that currently serve the robotic picking market, 18 are based in the US. Not to mention, all 18 received a total of $1.4 billion in funding by the end of 2022 – accounting for 60% of global funding in this market.”

Tell Us What You Think! Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles Read More >

RealMan Robotics offers a variety of mobile manipulators.
RealMan displays embodied robotics at Automate 2025
Concept renders showing the different jobs Persona AI's humanoids could be deployed for.
Persona AI raises $27M to develop humanoid robots for shipyards
An ABB robot painting a car hood.
ABB deploys PixelPaint at Mercedes-Benz plant in Germany
Six of multiple possible assistance scenarios with a prototype of a new robot being developed at MIT. Top row: getting into/out of a bathtub, bending down to reach objects, and catching a fall. Bottom row: powered sit-to-stand transition from a toilet, lifting a person from the floor, and walking assistance.
MIT engineers create elder assist robot E-BAR to prevent falls at home

RBR50 Innovation Awards

“rr
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for Robotics Professionals.
The Robot Report Listing Database

Latest Episode of The Robot Report Podcast

Automated Warehouse Research Reports

Sponsored Content

  • Sager Electronics and its partners, logos shown here, will exhibit at the 2025 Robotics Summit & Expo. Sager Electronics to exhibit at the Robotics Summit & Expo
  • The Shift in Robotics: How Visual Perception is Separating Winners from the Pack
  • An AutoStore automated storage and retrieval grid. Webinar to provide automated storage and retrieval adoption advice
  • Smaller, tougher devices for evolving demands
  • Modular motors and gearboxes make product development simple
The Robot Report
  • Mobile Robot Guide
  • Collaborative Robotics Trends
  • Field Robotics Forum
  • Healthcare Robotics Engineering Forum
  • RoboBusiness Event
  • Robotics Summit & Expo
  • About The Robot Report
  • Subscribe
  • Contact Us

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Humanoids
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Business
    • Financial
      • Investments
      • Mergers & Acquisitions
      • Earnings
    • Markets
      • Agriculture
      • Healthcare
      • Logistics
      • Manufacturing
      • Mining
      • Security
    • RBR50
      • RBR50 Winners 2025
      • RBR50 Winners 2024
      • RBR50 Winners 2023
      • RBR50 Winners 2022
      • RBR50 Winners 2021
  • Resources
    • Automated Warehouse Research Reports
    • Digital Issues
    • eBooks
    • Publications
      • Automated Warehouse
      • Collaborative Robotics Trends
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
  • Advertise
  • Subscribe