Press release
Retail Automation Market 2018 Global Leaders Overview: Fujitsu Limited, Posiflex Technology, First Data, Kuka AG, Wincor Nixdorf AG, Zebra Technologies, NCR Corporation
Market Scenario
The factors that drive the market growth are increasing demand of quick services at the reasonable price, big retail giants are investing in automated retail, increasing purchasing interest, adoption of retail automation components to optimize operations, and others. There are many national brands and retailers who are looking forward for building up the brand awareness and expansion of their business. These retailers wants to reach every corner across the world with minimum investment and low costs of entry. ZoomShops and Redbox are some of examples which offers these services.
The global Retail Automation Market is bifurcated into type, component, components, end-users, and region. The type includes autonomous guided vehicle, point of sale, automatic storage and retrieval, barcode & RFID, electronic shelf labels, automated conveyor and others. The components includes hardware, software, services, and others. The end-users includes hypermarkets, retail pharmacies, supermarkets, single item stores, fuel stations and others. The region includes North America, Europe, Asia Pacific and rest of the world.
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The global Retail Automation Market is expected to grow at USD ~18 Billion by 2023, at ~11% of CAGR between 2017 and 2023.
Segmentation
The global retail automation market has been segmented based on type, component, and end users. By type, the market has been segmented into Electronic Shelf Labels, Point of Sale, Automatic Storage and Retrieval, Barcode & RFID, Autonomous Guided Vehicle, Automated Conveyor, and others. By component, the market has been segmented into hardware, software, services, and others. By end users, the market has been segmented into Hypermarkets, Supermarkets, Single Item Stores, Fuel Stations, Retail Pharmacies, and others.
Key Players:
The prominent players in the global retail automation market are – Fujitsu Limited (Japan), Toshiba Global Commerce Solutions Inc. (US), Honeywell Scanning and Mobility (US), Posiflex Technology, Inc. (Taiwan), E&K Automation GmbH (Germany), First Data Corporation (US), Kuka AG (Germany), Wincor Nixdorf AG (Germany), Zebra Technologies Corporation (US), NCR Corporation (US), and Kiosk & Display LLC (US) among others.
Regional Analysis
The global retail automation market spans across the regions of North America, Europe, Asia Pacific, and the Rest of the World. North America is dominating the global retail automation market owing to a reduction in the price of RFID systems which makes them more affordable and attracts investment from organizations. Moreover, rising purchasing power and economic progress have resulted in the adoption of retail automated products and services for business transactions. The outlook of the Europe retail automation market is positive. Establishment of various retail chains and multiple product lines in Europe has helped in the consolidation of the market. The market in Asia Pacific is gaining traction due to the existing growth opportunities in the economies of India, Japan, and China. The market in the Rest of the World is expected to exhibit moderate growth.
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Intended Audience
• Semiconductor component manufacturers and distributors
• Technology consultants and system integrators
• Equipment distributors and suppliers
• Research and development companies
• Market research and consulting firms
• Technology standards organizations
• Technology investors
• System Integrators
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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