Press release
THE GLOBAL RETAIL AUTOMATION MARKET WAS VALUED AT USD 9.32 BILLION IN 2016 AND IS PROJECTED TO REACH USD 23.55 BILLION BY 2025, GROWING AT A CAGR OF 10.85% FROM 2017 TO 2025 TOP KEY PLAYERS ARE FIRST DATA CORPORATION , HONEYWELL SCANNING AND MOBILITY , PO
By Implementation (Warehouse, In-store), Type (Autonomous Guided Vehicle, Automatic Storage and Retrieval, Automated Conveyor, PoS, Barcode & RFID, Electronic Shelf Labels, Camera), End User (Fuel Stations, Retail Pharmacies, Hypermarkets, Supermarkets, Single Item Stores), and Regional Market Size, Status and Forecast to 2025
The Global Retail Automation Market was valued at USD 9.32 billion in 2016 and is projected to reach USD 23.55 billion by 2025, growing at a CAGR of 10.85% from 2017 to 2025. Retail Automation is the category of self-service, standalone kiosks in heavily trafficked locations such as airports, malls, resorts and convenience stores. Retail automation system provides the client with several benefits including - better visibility into spend & reporting insights, increase operational efficiency, ensure compliance, brand preservation, better customer experience, automation of engagement, and responsive pos.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing demand for quality and fast services
1.2 Benefits of business optimization and reduced cost to retailers
1.3 Rising demand for retail automation products
1.4 High growth potential in emerging economies
1.5 Growing adoption of new retail automation products
1.6 Evolution of augmented reality and virtual reality in retail
2. Market Restraints
2.1 Poor knowledge about terminal operability
2.2 Theft risks at unattended terminals
2.3 High dependency on the internet and electricity
Market Segmentation:
The Global Retail Automation Market is segmented on the implementation, type, end user, and region.
1. Implementation:
1.1 Warehouse
1.2 In-store
2. By Type:
2.1 Autonomous Guided Vehicle
2.2 Automatic Storage and Retrieval
2.3 Automated Conveyor
2.4 PoS
2.5 Barcode & RFID
2.6 Electronic Shelf Labels
2.7 Camera
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3. By End User:
3.1 Fuel Stations
3.2 Retail Pharmacies
3.3 Hypermarkets
3.4 Supermarkets
3.5 Single Item Stores
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Wincor Nixdorf AG
2. First Data Corporation
3. Honeywell Scanning and Mobility
4. Posiflex Technology Inc.
5. Fujitsu Limited
6. Datalogic S.P.A.
7. NCR Corporation
8. Toshiba Global Commerce Solutions Inc.
9. Kuka AG
10. Zebra Technologies Corporation
11. Pricer AB
12. E&K Automation GmbH
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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