Global Warehouse Automation & Control (WAC) Market is valued at USD 14.99 Billion in 2021 and expected to reach USD 27.82 Billion by 2028 with a CAGR of 9% over the forecast period.
Warehouse automation & control (WAC) market has shown significant growth in the past few years. Warehouse automation & control (WAC) systems are majorly used to manage, control, and automate warehouse implementation activities and thus, help customers to manage automation technologies, such as conveyors, pick to light, put to light, and carousel systems. Additionally, to control warehouse operations, warehouse automation and controls involve various software and hardware such as robots, AS/RS, conveyors and sorters, racks, and other equipments are designed and programmed. These systems ensure that business-critical operations in facilities meet customer demand. Some of the major benefits of warehouse automation and control are such as, efficiency and customer satisfaction, instead of taking over people’s jobs, mobile robots and drones, for instance, help cut down on on-site commute time and do all the mundane work, increase the safety for people and product alone is enough to consider warehouse automation technology development and Higher resilience.
Covid-19 pandemic has badly impacted on various industries due to various restrictions related to transportation, manufacturing and social distancing. Whereas, due to the pandemic, the demand of e-commerce has shown an upsurge, and warehouse automation providers continue to experience strong demand for e-commerce fulfillment projects across retail verticals. Due to this Covid-19 has shown an increase in the growth of warehouse automation and control market in the later stage of the pandemic. Additionally, due to various waves of Covid-19 global supply chain and the labor pool are struggling to keep skip and surges continue to upside in various parts of the world.
Global Warehouse Automation & Control Market: Global Size, Trends, Competitive, Historical & Forecast Analysis to 2022-2028, Increasing focus on improving service quality in warehouses and rapid growth of e-commerce industry worldwide are some of the major factors driving the growth of Global Warehouse Automation & Control Market.
The Global Warehouse Automation & Control (WAC) is segmented on the basis of component, equipment, end-user, and region & country level. Based on components, the warehouse automation & control (WAC) market is classified as solutions and services. Based on equipment, the market is classified as AS/RS, conveyors and sortation, warehouse transporters (AGVS/AMRS), racks, picking and placing, palletizing and depalletizing, others. Based on end-user, the warehouse automation & control (WAC) market is classified as food and beverages, retail and e-commerce, manufacturing, transportation and logistics, wholesalers and distributors, healthcare and pharmaceutical, others.
The regions covered in the warehouse automation & control (WAC) market report in North America, Europe, Asia-Pacific, and Rest of the World. Based on country level, the market of warehouse automation & control (WAC) is sub divided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
The emergence of industrial revolution 4.0 coupled with the increased focus on improving service quality in warehouses are fostering the growth of global automation and control market. Additionally, using technology to enhance the fundamental processes involved in logistics and warehouse operations, such as loading and unloading, picking and stock management is called as industry 4.0. The industrial revolution provides various major benefits to the warehouse-like, it reduces the manual effort related to work. Additionally, the industrial revolution 4.0 in warehouse management services act as the nerve center of a comprehensive digital ecosystem, collecting data and sending out instructions to an army of robots and mobile platforms. Whereas, the human interface will be severely reduced as each task can be controlled by the warehouse management services automatically. In addition, growing adoption of software for various activities such as warehouse management system, warehouse control system and others are also supplementing the market growth.
And, the increasing growth of e-commerce and its effects on fulfillment requirements are also fostering the growth of the warehouse automation and control market. In recent years, e-commerce is one of the major skyrocketing markets which has forced retailers, e-commerce players, third-party logistics providers, warehouse management system vendors, and others to use advanced technology, specifically automation. Thus, warehouse automation technology is the preferred option that has made the entire process more efficient and cost-effective. For example, the latest data shows 55% of online shoppers made a cross-border purchase in 2020.
However, the lack of uniform governance standards in the fragmented logistics industry may destruct the digital warehouse solutions market growth. Despite this, highly increasing digitalization and technological advancement in this field across the world may create ample opportunities for the further growth of the global warehouse automation and control market.
North America is Expected to Dominate the Global Warehouse Automation & Control Market
North America is expected to dominate the warehouse automation & control market within the forecast period owing to the rising growth of eCommerce industry, early adoption of advanced technologies, and high investment on research and development activities in this region. The labor shortage in the region is eventually resulting in the implementation of automation together with digital warehouse solutions. Labor shortage is aggressively increasing in the region which is further responsible to the increased adoption of warehouse automation & control solutions.
North America is followed by Europe due to the growing technological advancements in the region, and robust eCommerce industry. an increasing number of warehouses in the region are also fostering market growth. For instance, there are more than 14,006 warehouses in Europe. Between the first half of 2020 and that of 2021, the take-up of warehouse space more than 5 thousand square meters in cities throughout Europe normally improved.
On November. 11th, 2021; Honeywell launched its latest solution, Intelligent Automatic Handling, designed to help warehouses, distribution centers, and production sites receive, process, and fill orders faster and more accurately while reducing storage footprints. Honeywell's Next-Generation Automated Storage and Retrieval System (AS / RS) leverages artificial intelligence and machine learning to enable warehouse and distribution center operators to sustain unprecedented e-commerce growth. It helps you to move higher volumes of product and make the best possible use of valuable warehouse space.
On October 1st, 2018; HighJump, a global provider of supply chain solutions, announced the availability of the HighJump Warehouse Control System integrated with the HighJump Warehouse Management System. Designed from two decades of successful deployments worldwide, the HighJump WCS provides supply chain professionals with a comprehensive solution suite to fully capitalize on the connected and automated warehouse of tomorrow. With the HighJump WCS, businesses seamlessly integrate and manage the latest automation technologies, such as autonomous mobile robots, while gaining real-time visibility to enhance complex workflows. The HighJump WCS works with any material handling equipment (MHE) provider. This creates a single point of data and communication amongst MHE, WCS and WMS.
Middle East and Africa
|2018 - 2021
|2021 - 2028
|Market Size in 2021:
|USD 14.99 Billion
|Base year considered
|Forecast Period CAGR %:
|Market Size Expected in 2027:
|USD 27.82 Billion
|Tables, Charts & Figures:
|Warehouse Automation & Control Companies
|Bastian Solutions, Daifuku Co, Dematic, KNAPP AG, Manhattan Associates, Mecalux SA, Oracle Corporation, SSI Schaefer Group, ecsys Inc, Vanderlande Industries B.V, others.
|By Component, By Equipment, By End-User
|North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination interested? please email us firstname.lastname@example.orgJOIN US
BrandEssence® Market Research and Consulting Pvt ltd.
124, City Road, London EC1V 2NX
© Copyright 2024-25 BrandEssence® Market Research and Consulting Pvt ltd. All Rights Reserved | Designed by BrandEssence®