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Warehouse Automation Global Market By Type, By Component, By Application, By Technology, By End User, By Region And Industry Forecast 2023-2032 | Daifuku Co., Ltd., Honeywell Intelligrated, KUKA Group, KNAPP Group, Omron Corporation
Warehouse Automation Market
Warehouse Automation Market Size, Growth Rate, And Forecast
The global warehouse automation market size grew from $17.32 billion in 2022 to $19.78 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The warehouse automation market size is expected to grow to $33.59 billion in 2027 at a CAGR of 14.2%.
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Warehouse Automation Market Drivers
The rise in e-commerce sales will drive the growth of the warehouse automation market. As retailers struggle to keep up with the increasing volume of orders and their last-mile delivery needs, warehouse automation is briskly turning into the trump card for those who are looking for a leg up on the competition, especially in the competitive e-grocery market.
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Warehouse Automation Market Segments
• By Type: Conveyor/Sortation Systems, Automated Storage and Retrieval Systems (AS/RS), Mobile Robots, Warehouse Management Systems (WMS), Automatic Identification and Data Capture (AIDC)
• By Component: Hardware, Software
• By Function: Inbound, Picking, Outbound
• By End User: General Merchandise, Healthcare, FMCG/Non-durable Goods, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Warehouse Automation market.
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Warehouse Automation Market Key Players
Major competitors in the Warehouse Automation market include Daifuku Co., Ltd., Honeywell Intelligrated, KUKA Group, KNAPP Group, Omron Corporation, ABB Ltd., Kardex Group, SSI Schaefer AG, Locus Robotics, Dematic Group (Kion Group AG), Vanderlande Industries BV, Godrej Consoveyo Logistics Automation, Space Magnum Equipment, Toyota Industries, Yaskawa Electric Corp Inc., and WITRON Logistik + Informatik GmbH.
The Business Research Company's "Global Warehouse Automation Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Warehouse Automation Market Include:
1. Executive Summary
2. Warehouse Automation Market Characteristics
3. Warehouse Automation Market Trends And Strategies
4. Warehouse Automation Market - Macro Economic Scenario
5. Warehouse Automation Market Size And Growth
.....
26. Africa Warehouse Automation Market
27. Warehouse Automation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Warehouse Automation Market
29. Warehouse Automation Market Future Outlook and Potential Analysis
30. Appendix
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