Global Warehouse Automation Market to reach USD xx billion by 2027.Global Warehouse Automation Market is valued at approximately USD xx billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. The key factors fueling growth in the global warehouse automation market include increased adoption of industrial IoT, expanding urbanization, and rising e-commerce sales. The market is expected to develop in the coming years, owing to an increase in the usage of artificial intelligence and a rise in the adoption of robotics in warehouse automation. Automation in warehousing provided a lot of convenience in terms of lowering overall business costs and decreasing product delivery problems. Despite the benefits, 80 percent of warehouses 'still manually run with no supporting automation,' according to DHL, a notable 3PL company and a major end-user of warehouse automation technologies. Furthermore, warehouses that employ conveyors, sorters, and pick-and-place solutions, among other (non-automated) equipment, account for 15% of all warehouses. On the other hand, only 5% of modern warehouses, are fully automated. Furthermore, the shortage of skilled labor and the mechanical hurdles connected with warehouse automation would limit industry expansion. Whereas, increasing development in technologies for automation in market will offer opportunities for manufacturers in forecasting years.
The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Warehouse Automation market. In 2020, the North America region dominated the Warehouse Automations market, accounting for a significant amount of total revenue as well as it is also the fastest region in forecasting years. Due to the rising of research and development activities, and presence of market players will drive the market in North America region.
Major market players included in this report are:
Dematic Group (Kion Group AG)
Daifuku Co. Limited
Swisslog Holding AG (KUKA AG)
Honeywell Intelligrated (Honeywell International Inc.)
Jungheinrich AG
Murata Machinery Ltd
Knapp AG
TGW Logistics Group GmbH
Kardex Group
Mecalux SA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and Mode of Operation offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Hardware
Software
By End User:
Food and Beverage
Post and Parcel
Groceries
General Merchandise
Apparel
Manufacturing
Other End-user Industries
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Warehouse Automation Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors