Warehouse Automation Market Size, Share, Statistics & Trends Analysis Report By Technology (AS/RS, AGV/AMR, Conveyors, Automatic Identification & Data Capture, MRO Service, Sortation, Other), By Function (Inbound, Picking, Outbound), By Industry Vertical (E-Commerce, Food & Beverage, 3PL, Grocery, Pharmaceuticals, Others) Based on Region, And Segment Forecasts, 2022 - 2028

Global Warehouse Automation Market is valued at USD 14.73 Billion in 2020 and is expected to reach USD 38.23 Billion by 2027 with a CAGR of 14.6% over the forecast period.

Global Warehouse Automation Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027. The increasing growth of the e-commerce industry, rising adoption of industrial IoT, and growing use of robotics in warehousing are some of the major factors driving the growth of the Global Warehouse Automation Market.

Scope of Global Warehouse Automation Market Report

Warehouse automation incorporates all the hardware, software, individuals, and cycles needed to automate warehouse tasks for further developed productivity and precision. This might include everything from marking stock things, catching warehouse data, automated storage and recovery of things, and back-office report generation. From robots to automated measures, warehouse automation incorporates automated advances that guarantee to expand efficiency huge amounts at a time.

The advantages of warehouse automation are multi-fold. Since automated systems almost promptly distinguish the locations of all things in a specific order, warehouse automation raises speeds. Even better, warehouse automation systems enhance courses and amplify efficiency during the item recovery process. Warehouse automation additionally accelerates order satisfaction when warehouses influence robots and transports; thus, these organizations can offer free overnight delivery.

At last, warehouse automation speeds up stock management measures by utilizing the innovation to automatically count things. Warehouse automation systems boost stockroom space by using robots and other computerized directed vehicles that complete item recovery and storage tasks. By decreasing human mistakes, warehouse automation can smooth out stock management, taking into consideration more precise stock counts and related stock information.

A number of warehouse automation carry the items to the worker, as opposed to the laborer going to the items. Thus, foot and hardware traffic all through the office is diminished, upgrading in general warehouse security. This can likewise diminish item harm by reducing the requirement for warehouse staff to physically move items from one area to another.

The COVID-19 pandemic has shown a positive impact on the growth of global warehouse automation market. During COVID-19 episode, to reduce the risk of infection adoption of warehouse automation increases because warehouses adapt to changing stock counts, accounting for work in process (WIP), speeding order conveyance, carrying out social distancing and decentralization they will go to automated capacity. In the COVID-19 pandemic, warehouse automation resolves labor difficulties and manages unpredictable spikes in demand.

Increasing demand of automated system companies is expected to restore their operations. However, warehouse market encountering a devastating impact on the business activities attributable to the significant difficulties posed by disturbances in the supply chain management and absence of laborers.

Global warehouse automation market is segmented on the basis of technology, function, industry vertical, and region & country level. On the basis of technology, the global warehouse automation market is classified into AS/RS, AGV/AMR, conveyors, automatic identification & data capture, MRO service, sortation and other. On the basis of function, the market is classified into inbound, picking and outbound. On the basis of industry vertical, the global warehouse automation market is classified into e-commerce, food & beverage, 3PL, grocery, pharmaceuticals and others.

Warehouse Automation Companies:

Global warehouse automation market reports cover prominent players Locus Robotics, ABB Ltd., Omron Corporation, Toyota Industries Corporation, KUKA AG, KION GROUP AG, Geekplus Technology, FANUC Corporation, Zebra Technologies Corp., GreyOrange Pte. Ltd., Murata Machinery Ltd., IAM Robotics, Yaskawa Electric Corporation,  Shanghai Quicktron Intelligent Technology Co. Ltd., and others.

Global Warehouse Automation Market Segmentation:

By Technology:

• AS/RS
• AGV/AMR
• Conveyors
• Automatic Identification & Data Capture
• MRO Service
• Sortation
• Other

By Function:

• Inbound
• Picking
• Outbound

By Industry Vertical:

• E-Commerce
• Food & Beverage
• 3PL
• Grocery
• Pharmaceuticals
• Others

The regions covered in global warehouse automation market report are North America, Europe, Asia-Pacific, and the Rest of the World. On the basis of country level, global warehouse automation market is subdivided in the U.S., Mexico, Canada, the U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

News: Locus Robotics Acquired Fellow Warehouse Automation Company Waypoint Robotics

On September 21^st, 2021; Locus Robotics gained Waypoint Robotics, an individual supplier of mechanical strength; independent, omnidirectional versatile robots. Locus is in the advancement of highly useful and inventive AMR innovation that productively addresses our clients' requirements for complete warehouse improvement. The obtaining widens the Locus product offering of demonstrated and powerful AMR solutions that address use cases from e-commerce, case-picking, and bed picking to situations requiring bigger, heavier payloads and satisfaction modalities.

Increasing Growth of E-Commerce Industry, Rising Adoption of Industrial IoT and Growing Use of Robotics in Warehousing are Some of the Major Factors Driving the Growth of Global Warehouse Automation Market

One of the major factors driving the growth of global warehouse automation market is the increasing growth of the e-commerce industry. Presently, with the consistent growth in online shopping and changing purchaser expectations, speed and exactness of delivery have prodded e-commerce industries to track down a quicker method to reach customers. The E-commerce industry has developed at a gigantic speed. E-commerce organizations hold enormous volumes of items in their warehouses to take into account the expanding approaching demand through online shopping stages. Consequently, they are continually searching for different efficient approaches to reduce their order delivery times.

In addition, the rising adoption of industrial IoT is also fostering market growth. The explosion of the Internet of Things (IoT) is changing the image of warehouse automation at a high speed. IoT in the warehouse management solution helps organizations with packing, transportation information, location, and shipment in real-time. Utilizing IoT gadgets like RFID labels and sensors empowers warehouse managers to keep track of the specific area and progress of the item.

Furthermore, the growing use of robotics also drives the global warehouse automation market. Robotic systems have arisen as a complete solution and are acquiring prevalence among e-commerce organizations to deal with order satisfaction processes productively. Companies are progressively utilizing robotic systems in their warehouses to guarantee fast delivery of orders. A warehouse robot offers adaptable material development, traceability and works on the laborer's safety. The rising demand for robots in the quickly developing e-commerce industry is relied upon to drive the development of the warehouse automation market. For instance; according to the ABI Research; more than 4 million business robots will be introduced in excess of 50,000 warehouses worldwide constantly 2025. This would be a significant increment from the current 4,000 back in 2018.

However, lack of skilled labor force and high set up cost may hamper the global warehouse automation market growth. In spite of that, increasing use of IoT and technologies for real-time data management & big data analytics can provide various opportunities for the further growth of the global warehouse automation market.

North America is Expected to Dominate the Global Warehouse Automation Market

North America is expected to dominate the global warehouse automation market during the forecast period due to the early adoption of advanced technology, high investment in warehouse automation, and the presence of key players in this region. For example; in June 2021, Amazon has presented new robots that can further develop laborer security at warehouses and assist with diminishing tension and strain on employees. Moreover, Amazon desires to further develop warehouse automation to reduce warehouse-related specialist episodes by half over the following 5 years. To reduce the labor cost number of companies invest in warehouse automation drive the market in this region.

For instance; in September 2019, Honeywell consented to an arrangement with retail supply network service supplier “The Apparel Logistics Group” to help the organization in the extension of the e-commerce order output at its distribution place in Dallas. Under this arrangement, The Apparel Logistics Group, which participates in outsider coordination and order satisfaction services for attire, footwear, and accessories, will consolidate Honeywell’s automated material dealing with arrangements.

Asia Pacific is the fastest developing region in the global warehouse automation market during the forecast period due to rising adoption of e-commerce and the growing use of IoT in various industries in this region. Increasing adoption of web-based shopping and changing purchaser expectations, speed, and exactness of delivery have spurred e-commerce organizations to track down a quicker method to arrive at clients. For example; Noida-settled Falcon Autotech Pvt. Ltd. provides its automated arrangements inside the warehouses of such conspicuous e-commerce gateways. And, according to the India Brand Equity Foundation (IBEF), India's e-commerce orders volume expanded by 36% in the last quarter of 2020, with the beauty, personal care and wellbeing (PCB&W) section being the biggest recipient.

Key Benefits of Global Warehouse Automation Industry Report–

• Global Warehouse Automation Industry report covers in-depth historical and forecast analysis.
• Global Warehouse Automation Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, warehouse automation statistics, Market opportunities, Competitive Analysis, Regional and Country levels.
• Global Warehouse Automation Market report helps to identify opportunities in the marketplace.
• Global Warehouse Automation Market report covers warehouse automation trends, Warehouse Automation Companies, and competitive landscape.

On Special Requirement Warehouse Automation Industry Report is also available for below Regions and Country:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Warehouse Automation Statistics

• USD 14.73 Billion in 2020 
• expected to reach USD 38.23 Billion by 2027 
• Growing CAGR of 14.6% over the forecast period

warehouse automation Trends

• Automated Picking
• Industrial IoT
• Automated Machines

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