Press release
Warehouse Automation Market: USD 57.6 Billion and a CAGR of 15.3% by 2031
In 2021, North America dominated the global warehouse automation market, in terms of revenue. Moreover, the market in Asia-Pacific is expected to grow with the highest CAGR. This is attributable to rapid economic growth in the region.
๐ฟ๐ค๐ฌ๐ฃ๐ก๐ค๐๐ ๐๐๐ฅ๐ค๐ง๐ฉ ๐๐๐๐ ๐ผ๐๐ ๐ฎ๐๐๐๐๐ & ๐ช๐๐๐๐๐ - https://www.alliedmarketresearch.com/request-sample/17458
By offering, the solution segment accounted for the largest warehouse automation market share in 2021.
By region, North America generated highest revenue in 2021.
By automation type, the physical automation segment generated the highest revenue in 2021.
The key players profiled in the warehouse automation systems market analysis are ABB, Badger Meter, Honeywell International Inc., Hydropoint, IBM Corporation, Itron, Landis+Gyr, Neptune Technology, Oracle Corporation, Schneider Electric SE, Siemens AG, Suez, Takadu, Trimble Inc., Xenius, Ayyeka,. These players have adopted various strategies to increase their market penetration and strengthen their position in the warehouse automation systems industry.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ถ๐๐ฒ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐:
To gain insights into the diverse warehouse automation market, let's segment it based on key factors:
Technology Type:
a) Automated Storage and Retrieval Systems (AS/RS): AS/RS technologies automate the storage and retrieval of goods, utilizing robotic systems and automated conveyors to optimize space utilization and improve operational efficiency.
b) Automated Guided Vehicles (AGVs): AGVs are autonomous mobile robots that navigate warehouses to transport goods, enhancing material handling capabilities and reducing the need for manual labor.
c) Robotics: Robotic systems are designed to perform various tasks, including picking, sorting, palletizing, and packaging, with precision and speed. Robotic automation improves productivity and reduces errors in warehouse operations.
d) Warehouse Management Systems (WMS): WMS solutions integrate various warehouse functions, such as inventory management, order fulfillment, and tracking, streamlining operations and enhancing overall efficiency.
Industry Vertical:
a) E-commerce and Retail: The rapid growth of online shopping has driven the adoption of warehouse automation in the e-commerce and retail sectors, enabling faster order fulfillment, inventory management, and customer satisfaction.
b) Manufacturing: Warehouse automation plays a crucial role in optimizing manufacturing supply chains, facilitating efficient material handling, inventory control, and just-in-time (JIT) delivery.
c) Food and Beverage: The food and beverage industry requires strict compliance with regulations and careful handling of perishable goods. Automation ensures accuracy, traceability, and compliance in storage and distribution processes.
d) Healthcare and Pharmaceuticals: Warehouse automation in the healthcare and pharmaceutical sectors improves inventory management, reduces errors in order fulfillment, and enhances traceability of sensitive products.
๐๐๐ ๐ ๐ ๐๐ช๐ง๐๐๐๐จ๐ ๐๐ฃ๐ฆ๐ช๐๐ง๐ฎ: - https://www.alliedmarketresearch.com/purchase-enquiry/17458
๐ง๐ต๐ฒ ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐
The warehouse automation market is highly competitive, with several prominent players driving innovation and growth. Here are a few key competitors:
Daifuku Co., Ltd:
Daifuku is a leading provider of material handling solutions, offering a wide range of warehouse automation technologies, including AS/RS systems, AGVs, and robotic solutions. Their expertise lies in optimizing material flow and improving operational efficiency.
Honeywell International Inc.:
Honeywell offers comprehensive warehouse automation solutions, including WMS software, mobile computing devices, and voice-directed picking systems. Their focus on data analytics and connectivity enables real-time visibility and efficient inventory management.
Dematic (KION Group):
Dematic specializes in integrated supply chain solutions, including warehouse automation technologies. Their offerings include AS/RS systems, AGVs, robotic solutions, and advanced software platforms for warehouse optimization.
Swisslog (KUKA AG):
Swisslog offers a broad portfolio of automated intralogistics solutions, including AS/RS systems, AGVs, and robotic solutions. Their expertise lies in optimizing warehouse processes and ensuring efficient material flow.
Amazon Robotics:
As a leader in the e-commerce industry, Amazon Robotics has developed a robust portfolio of robotic solutions for warehouse automation. Their innovative technologies, including autonomous mobile robots and robotic arms, enable efficient picking, sorting, and packaging operations.
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๐๐ป๐ฎ๐น๐๐๐ ๐ฅ๐ฒ๐๐ถ๐ฒ๐
The warehouse automation market is witnessing significant growth and intense competition as industries strive to enhance operational efficiency and meet the demands of a rapidly evolving market. The segmentation of the market based on technology type and industry vertical provides valuable insights into the diverse applications and solutions driving market expansion. Prominent players, such as Daifuku Co., Ltd, Honeywell International Inc., Dematic, Swisslog, and Amazon Robotics, are continuously pushing the boundaries of innovation in warehouse automation. As technology advances and supply chains become increasingly complex, the warehouse automation market will continue to revolutionize the way goods are stored, managed, and delivered in the global supply chain ecosystem.
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