Material Handling Robotics Market Size

Material Handling Robotics Market size was valued at USD 29.4 billion in 2024 and is projected to reach USD 82.7 billion by the end of 2037, rising at a CAGR of 9% during the forecast period, i.e., 2025-2037. In 2025, the industry size of material handling robotics is evaluated at USD 32 billion. 

The increasing prevalence of AI, automation technologies, and the increasing usage of robotics in warehousing and logistics are some of the major factors driving the growth of the material handling robotics market. Material handling robotics is gaining widespread adoption in industries for automating the tasks of palletizing, pick-and-place operations, and inventory management in the most effective and cost-efficient manner, hence saving labor costs. Additionally, various government initiatives toward the modernization of supply chain operations and the encouragement of industrial automation are driving market growth.

Governments worldwide are also investing in robotics and automation initiatives, offering prospects for smart manufacturing and logistics infrastructure. Moreover, material handling robotics market players are paying attention to the integration of cognitive robotics into their operations to tackle labor shortages and improve warehouse safety. For example, in October 2024, Stow Group introduced Movu Robotics, a brand focused on intelligent robotic solutions for material handling with scalable systems for warehouse automation.  This growing emphasis on sustainable and efficient material handling solutions places the material handling robotics market in a strategic position for strong growth over the coming years.