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Warehouse Automation Market worth $57.09 billion by 2030, growing at a CAGR of 14.90% - Exclusive Report by 360iResearch
Warehouse Automation Market | 360iResearch
The Global Warehouse Automation Market to grow from USD 21.58 billion in 2023 to USD 57.09 billion by 2030, at a CAGR of 14.90%.
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Warehouse automation replaces repetitive tasks with automated systems, eliminates time-consuming labor-intensive duties, and allows workers to focus more on important tasks. The growing focus and significant investments from the public and private sectors to leverage Industry 4.0 facilitate the deployment of warehouse automation technologies in industrial and manufacturing sectors worldwide. The rising need for the safety of the workers conducting various material handling tasks is also fueling the adoption of warehouse automation technologies by the end-use sectors. However, the high cost associated with warehouse automation technologies and the limited availability of skilled professionals to operate the advanced systems may adversely impact their adoption by various manufacturing sectors. Besides the ongoing advancements and introduction of warehouse robots, the rising adoption of breakthrough technologies to ease warehouse tasks is expected to encourage the deployment of warehouse automation technologies across end-use industries worldwide.
The warehouse automation market is highly evolving in the Americas owing to the presence of well-established manufacturing industries and the growing adoption of breakthrough technologies to manage inventories and shipping operations by the sectors in the region. Increasing government support and adopting Industry 4.0 encourages the adoption of digitalized and automation technologies in the APAC region to enhance material handling capabilities. Supportive initiatives and programs for increasing local product production are facilitating warehouse construction and creating opportunities for the growth of warehouse automation in the APAC region. The presence of key manufacturing industries, including automobile, semiconductor, and oil & gas industries, and growing demand for automated storing and retrieval systems are expanding the market growth in the EMEA region. In addition, the integration of cutting-edge technologies in material handling processes and the introduction of novel automated technologies are expected to create immense potential for the warehouse automation market growth worldwide.
Market Segmentation & Coverage:
This research report categorizes the Warehouse Automation Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Automation Type, market is studied across Digital Automation and Physical Automation. The Physical Automation is further studied across Automated Storage & Retrieval Systems, Automatic Guided Vehicles, Autonomous Mobile Robots, and Sortation Systems. The Physical Automation is projected to witness significant market share during forecast period.
Based on Component, market is studied across Hardware, Services, and Software. The Services is projected to witness significant market share during forecast period.
Based on Function, market is studied across Packaging, Pick & Place, Shipping, and Sorting. The Shipping is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Aerospace & Defense, Automotive & Transportation, Consumer Goods & Retail, Food & Beverages, Healthcare & Pharmaceuticals, and Manufacturing. The Aerospace & Defense is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.94% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Warehouse Automation Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Warehouse Automation Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Warehouse Automation Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Amazon Web Services, Inc., Ametek, Inc., ATS Corporation, Attabotics, Bastian Solutions, LLC, Cisco Systems, Inc., Daifuku Co., Ltd., Fanuc Corporation, Fetch Robotics, Inc., GEODIS Logistics LLC, Grey Orange Pte. Ltd., Honeywell International, Inc., IAM Robotics, Intel Corporation, International Business Machines Corporation, Iris Factory Automation, Jungheinrich AG, KION Group, Kuka AG, Locus Robotics Corporation, Microsoft Corporation, Murata Machinery, Ltd., NTT DATA Corporation, Omron Corporation, Oracle Corporation, Panasonic Corporation, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, TGW Logistics Group, Toshiba Corporation, and Yaskawa Electric Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Warehouse Automation Market, by Automation Type
7. Warehouse Automation Market, by Component
8. Warehouse Automation Market, by Function
9. Warehouse Automation Market, by End-User
10. Americas Warehouse Automation Market
11. Asia-Pacific Warehouse Automation Market
12. Europe, Middle East & Africa Warehouse Automation Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Warehouse Automation Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Warehouse Automation Market?
3. What is the competitive strategic window for opportunities in the Warehouse Automation Market?
4. What are the technology trends and regulatory frameworks in the Warehouse Automation Market?
5. What is the market share of the leading vendors in the Warehouse Automation Market?
6. What modes and strategic moves are considered suitable for entering the Warehouse Automation Market?
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About 360iResearch
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