Global Warehouse Automation Market

Warehouse Automation Market Size, Share, Growth Analysis, By Component(Hardware and Software), By Application(Automotive, Food and beverage, E-Commerce, Pharmaceutical), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20I2238 | Region: Global | Published Date: April, 2024
Pages: 202 |Tables: 63 |Figures: 69

Warehouse Automation Market Insights

Global Warehouse Automation Market size was valued at USD 15.81 billion in 2022 and is poised to grow from USD 18.24 billion in 2023 to USD 57.38 billion by 2031, growing at a CAGR of 15.4% in the forecast period (2024-2031).

The global degaussing system has grown dramatically, driven by growing Demands for highly efficient and streamlined logistics are driving the growth of the international market for warehouse automation.

This is a market in which advanced technologies such as robotics, artificial intelligence and automation are used to improve the overall efficiency of the warehouse manager.

The focus of the market, then, is to deal with the growing number of problems encountered on the supply chain and to increase the speed and accuracy of order fulfillment. One of the major factors driving the market is the need for cost reductions and productivity improvements, as warehouse automation solutions can help companies optimize their processes and reduce labor costs.

However, the market remains restrained by two major factors: high initial implementation costs and fears of job displacement. To integrate so many different technologies, there is also the problem of finding personnel capable of running automated systems.

Despite these challenges, the market presents opportunities for innovation and development, such as the creation of highly modular, highly scalable automation solutions.

E-commerce is growing in strength day by day, and the market is set for further expansion. This provides a lovely mountain from which to look out and assess the changing requirements for modern supply chain management.

Market Snapshot - 2024-2031

Global Market Size

USD 15.81 billion

Largest Segment

Hardware

Fastest Growth

Hardware

Growth Rate

15.4% CAGR

Global Warehouse Automation Market 2021-2030 ($ Bn)
Country Share for North America Region- 2021 (%)

To get more reports on the above market click here to Buy The Report

Warehouse Automation Market Segmental Analysis

The global warehouse automation market is segmented based on component, application, and region. By component, the market is segmented into hardware and software. By application, the market is segmented into automotive, food and beverage, e-commerce, pharmaceutical, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Analysis By Component

The hardware segment dominates the entire industry. The reason for this supremacy is the strong market demand for automated solutions, which span a wide range of physical parts, including robots, conveyors, and automated storage and retrieval systems (AS/RS). The supremacy of the hardware sector is based upon its crucial role in transforming the archaic traditional warehouse into a technologically advanced, high-productivity center. Businesses are increasingly aware that materials handling needs to be perfectly smooth, and perfectly intelligent. Spending on leading-edge hardware infrastructure is on the rise. From a practical standpoint, that translates into a hardware division showing a CAGR, reflecting its strategic value and impressive market prospects.

The software segment is the fastest growing segment within the warehouse automation market. This rapid growth is largely due to the central role that advanced software solutions play in coordinating and optimizing different types of automated processes. In the quest for greater visibility, real-time decision-making capability, and overall efficiency within their supply chain networks, businesses are increasingly requiring warehouse management software, control systems, and analytics platforms. The rapid growth of the software segment, with a remarkable CAGR, indicates that the industry has recognized that the key that locks the door to an integrated, automated warehouse ecosystem is intelligent software. This growth trend is consistent with an ever-greater focus on big data-driven insights and real-time monitoring. From the standpoint of companies trying to keep ahead in a world of digital transformation and more demanding supply chains, software sits squarely at the front line.

Analysis By Application

E-Commerce is its largest segment. With the rapid rise of online retailing in recent years, warehouses had to abandon the old ways of doing things, with companies forced to find the most advanced forms of automation possible. The E-Commerce segment, accounting for the lion's share of the market, has seen incredible growth due to the international trend towards online shopping. The E-Commerce automation market sizzles with this incredible compound annual growth rate CAGR. These impressive figures may be chiefly due to continuing pressure for efficient order fulfillment, improved operational speed, and a desire to keep up with changes in the quickly evolving online retail environment.

The food and beverage sector turns out to be the fastest-growing sector. This need for precision and efficiency in the supply chain, combined with the growing popularity of automation, is driving the adoption of automation technologies in the food and beverage industry. The need for stricter regulations, a desire for enhanced traceability, and increased efforts to ensure product quality through the supply chain are all conducive to the integration of warehouse automation solutions into the food and beverage industry. In sectors where businesses still focus largely on efficiency and operations, the warehouse automation market figures to be a major force in shaping the future of the global economy.

Global Warehouse Automation Market Size By Component 2021(%), 2022 (%)

To get detailed analysis on other segments, Request For Free Sample Report

Warehouse Automation Market Regional Insights

North America's dominant position in the region has been aided by its excellent economic environment, advanced technological infrastructure, and widespread understanding of the advantages of warehouse automation. Moreover, the presence of many large market players and the early development of automated warehouse technologies have promoted the market. More rapid e-commerce development, faster e-commerce growth, and vast warehouse operations that are both cost-efficient and streamlined have also exacerbated the popularity of warehouse automation solutions in this region.

The Asia-Pacific region is developing into the quickest-growing marketplace for warehouse automation. With rapid industrialization, e-trade booming, and a growing populace with rising disposable earnings in countries like China and India, the call for automatic warehouse solutions has been growing through leaps and limits. The requirement for faster and greater correct order coping with the use of superior technology consisting of robotics and synthetic intelligence, has spurred a rapid boom within the warehouse automation market across the Asia-Pacific location. Suppliers in this vicinity, with their cognizance on improving their supply chains, and assembly growing demand for items and offerings, are set to keep the increase of warehouse automation technologies on the upward thrust. Asia-Pacific will become a main growth place for the worldwide warehouse automation market.

Global Warehouse Automation Market Size By Geography, 2021-2030, 2024-2031
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Warehouse Automation Market Dynamics

Drivers

Rising E-commerce Industry

  • As Internet sales have exploded, order volumes have skyrocketed and efficiency in distribution and order fulfillment has become a prerequisite for online retailers. To keep up as e-commerce companies struggle to accommodate their quickly expanding customer base, many e-commerce companies have turned to warehouse automation solutions to improve their order fulfillment efficiency. Advanced automation technologies such as Robotic systems, automated guided vehicles (AGVs), and sophisticated warehouse management systems all help make warehouses more efficient, reducing your costs of operation while cutting order-processing times. With the rapid growth of e-commerce, it is no wonder that such automation technologies need an incentive to take them out of the commercial freezer. In short, the growth of e-commerce combined with the advent of warehouse automation has given rise to a profound sea change in the way that businesses handle their logistics and supply chain systems.

Restraints

High Initial Investment

  • Whether it's about integrating cutting-edge technologies such as robotic systems, automated guided vehicles (AGVs), and powerful warehouse management software, the startup costs are quite high. These investments include the purchase of hardware and software, employee training, and system integration expenses. A major obstacle for some businesses, however, is the heavy financial commitment. For smaller businesses in particular, capital is scarce. From a long-term perspective, the advantages of improved efficiency, reduced labor costs, and increased accuracy in warehouse processes are apparent. However, the high cost of initial investment represents a challenge, and careful financial planning and consideration of return on investment must be given to organizations considering the adoption of warehouse automation solutions. Over time, the initial cost barrier will gradually disappear as technology advances and economies of scale improve, promoting greater adoption across industries.

Request Free Customization of this report to help us to meet your business objectives.

Warehouse Automation Market Competitive Landscape

The global warehouse automation market is highly competitive and constantly changing as companies in all manner of sectors, recognizing the necessity of running supply chains efficiently and smoothly, compete to win a bigger share. The market's key players include several established players in automation solutions, such as Dematic, Honeywell Intelligrated, and Swisslog, who, utilizing advanced technologies, offer a broad range of warehouse automation solutions. These companies offer a series of end-to-end automation products, including robotic picking systems, automated guided vehicles (AGVs) & components, warehouse management systems (WMS), and material handling equipment. Also, the presence of technology giants like Amazon Robotics and KION Group means the market is full of innovations powered by advanced robotics and artificial intelligence to improve the efficiency of warehouse operations.

Top Player’s Company Profiles

  • Bastian Solutions LLC
  • Netsuite
  • ATMOS
  • Daifuku Co Ltd.
  • Dorabot
  • Fanuc Corporation
  • Honeywell International Inc.
  • Jungheinrich AG, KION GROUP (DEMATIC)
  • Kuka AG, Omron Corporation
  • Schneider Electric
  • Siemens AG
  • SSI-Schaefer
  • Yaskawa Electric Corp
  • Zebra Technologies Corporation

Recent Developments

  • In April 2023, SVT Robotics announced a new SOFTBOT Platform Connector for Tecsys Inc. Together, SVT and Tecsys developed and launched a pre-built connector between Tecsys WMS and SVT's SOFTBOT Platform. This connector will enable Tecsys Elite clients to automate multiple systems and deploy robotics more quickly and simply—without needing to create custom code. 
  • In March 2023, An announcement was made regarding the construction of a one million square foot multi-customer warehouse park in Talegaon, Pune, Maharashtra, by Mahindra Logistics Ltd. (MLL) and Ascendas-Firstspace. The warehouse will be constructed using recycled building materials, waste management powered by renewable energy, cutting-edge automation, and liquid discharge control in accordance with the company's sustainability criteria. 
  • In January 2023, AutoStore announced the launch of Pio in North America. Pio is a plug-and-play version of the well-regarded AutoStore cube storage technology, designed for small and medium-sized enterprises. Pio helps small and medium-sized businesses (SMBs) in the sporting goods, crafts, cosmetics, and garment industries find robotic automation at a relatively cheap cost, encouraging more companies to take use of the greatest automation technologies available globally.

Warehouse Automation Key Market Trends

Increasing Adoption of Robotic Solutions to Enhance Efficiency and Productivity in Warehouse Operations

  • With the growth of e-commerce and rising consumer demand for fast and accurate deliveries, many businesses are now automating their warehouses to improve their efficiency. Large and small robotic systems such as autonomous mobile robots (AMRs), robotic arms, and automated guided vehicles (AGVs) have been used to do everything from picking to packing to sorting to transportation within warehouses. Equipped with advanced sensors, equipped with machine learning algorithms, and powered by artificial intelligence, these robots can negotiate complex warehouse environments, optimize routes, & perfectly complement collaborative work with human workers. In addition to speeding up order fulfillment, the integration of robotic solutions eliminates error, lowers the costs of labor, and improves the efficiency of the entire supply chain. This trend toward robotizing warehouse automation is a move by the industry toward a higher level of operational excellence and is responsive to the rapidly changing nature of modern commerce.

Warehouse Automation Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global warehouse automation market analyses, the global warehouse automation market has been experiencing robust growth driven with the aid of the increasing demand for green and streamlined supply chain operations across various industries. Warehouse automation solutions leverage advanced technologies inclusive of robotics, synthetic intelligence, and machine learning to enhance productivity, reduce operational fees, and enhance typical performance within the logistics and distribution procedures. The e-trade growth, coupled with the rising want for faster order achievement, has substantially contributed to the marketplace's enlargement. Additionally, the COVID-19 pandemic has improved the adoption of warehouse automation solutions as groups strive to construct resilient and flexible supply chains. Geographically, North America and Europe have been key participants in the market, due to the presence of established logistics and e-trade industries. However, rising economies in Asia-Pacific are witnessing rapid adoption as businesses inside the vicinity apprehend the advantages of warehouse automation to cope with the increasing volume of online orders. As the market continues to evolve, key players are focusing on innovations which include collaborative robots, computerized guided motors, and intelligent warehouse management systems to live competitively. The global warehouse automation market is poised for a sustained boom as industries apprehend the strategic importance of automation in optimizing their supply chain operations.

Report Metric Details
Market size value in 2022 USD 15.81 billion
Market size value in 2031 USD 57.38 billion
Growth Rate 15.4%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Component
    • Hardware and Software
  • Application
    • Automotive, Food and beverage, E-Commerce, Pharmaceutical, and Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Bastian Solutions LLC
  • Netsuite
  • ATMOS
  • Daifuku Co Ltd.
  • Dorabot
  • Fanuc Corporation
  • Honeywell International Inc.
  • Jungheinrich AG, KION GROUP (DEMATIC)
  • Kuka AG, Omron Corporation
  • Schneider Electric
  • Siemens AG
  • SSI-Schaefer
  • Yaskawa Electric Corp
  • Zebra Technologies Corporation
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Warehouse Automation Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Warehouse Automation Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Warehouse Automation Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Warehouse Automation Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Warehouse Automation Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Warehouse Automation Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Warehouse Automation Market size was valued at USD 15.81 billion in 2022 and is poised to grow from USD 18.24 billion in 2023 to USD 57.38 billion by 2031, growing at a CAGR of 15.4% in the forecast period (2024-2031).

The warehouse automation market is highly competitive and constantly changing as companies in all manner of sectors, recognizing the necessity of running supply chains efficiently and smoothly, compete to win a bigger share. The market's key players include several established players in automation solutions, such as Dematic, Honeywell Intelligrated, and Swisslog, who, utilizing advanced technologies, offer a broad range of warehouse automation solutions. These companies offer a series of end-to-end automation products, including robotic picking systems, automated guided vehicles (AGVs) & components, warehouse management systems (WMS), and material handling equipment. Also, the presence of technology giants like Amazon Robotics and KION Group means the market is full of innovations powered by advanced robotics and artificial intelligence to improve the efficiency of warehouse operations. 'Bastian Solutions LLC', 'Netsuite', 'ATMOS', 'Daifuku Co Ltd.', 'Dorabot', 'Fanuc Corporation', 'Honeywell International Inc.', 'Jungheinrich AG, KION GROUP (DEMATIC)', 'Kuka AG, Omron Corporation', 'Schneider Electric', 'Siemens AG', 'SSI-Schaefer', 'Yaskawa Electric Corp', 'Zebra Technologies Corporation'

As Internet sales have exploded, order volumes have skyrocketed and efficiency in distribution and order fulfillment has become a prerequisite for online retailers. To keep up as e-commerce companies struggle to accommodate their quickly expanding customer base, many e-commerce companies have turned to warehouse automation solutions to improve their order fulfillment efficiency. Advanced automation technologies such as Robotic systems, automated guided vehicles (AGVs), and sophisticated warehouse management systems all help make warehouses more efficient, reducing your costs of operation while cutting order-processing times. With the rapid growth of e-commerce, it is no wonder that such automation technologies need an incentive to take them out of the commercial freezer. In short, the growth of e-commerce combined with the advent of warehouse automation has given rise to a profound sea change in the way that businesses handle their logistics and supply chain systems.

With the growth of e-commerce and rising consumer demand for fast and accurate deliveries, many businesses are now automating their warehouses to improve their efficiency. Large and small robotic systems such as autonomous mobile robots (AMRs), robotic arms, and automated guided vehicles (AGVs) have been used to do everything from picking to packing to sorting to transportation within warehouses. Equipped with advanced sensors, equipped with machine learning algorithms, and powered by artificial intelligence, these robots can negotiate complex warehouse environments, optimize routes, & perfectly complement collaborative work with human workers. In addition to speeding up order fulfillment, the integration of robotic solutions eliminates error, lowers the costs of labor, and improves the efficiency of the entire supply chain. This trend toward robotizing warehouse automation is a move by the industry toward a higher level of operational excellence and is responsive to the rapidly changing nature of modern commerce.

North America's dominant position in the region has been aided by its excellent economic environment, advanced technological infrastructure, and widespread understanding of the advantages of warehouse automation. Moreover, the presence of many large market players and the early development of automated warehouse technologies have promoted the market. More rapid e-commerce development, faster e-commerce growth, and vast warehouse operations that are both cost-efficient and streamlined have also exacerbated the popularity of warehouse automation solutions in this region.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Warehouse Automation Market

Product ID: SQMIG20I2238

$5,300
BUY NOW GET FREE SAMPLE