Global Warehouse Automation Market By Type of Solution (Conveyor/Sortation Systems, Automated Storage and Retrieval System (AS/RS), Mobile Robots, Automatic Identification and Data Capture (AIDC), Warehouse Management System (WMS)), By End User Spectrum, General Merchandise, FMCG ,Others), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa) – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030

Report Code : BII947 May-2022 Automotive & Transportation Format : PDF Pages : 213

     



Global Warehouse Automation Market Overview

The Warehouse Automation market is driven by developments in warehouse automation and the rising use of electronic devices. In addition, the growing use of Warehouse Automation in Warehouse Management Systems and the FMCG sector will move the market forward in the approaching years. Warehouse Automation market expansion will be fueled by factors such as a higher concentration of OEMs and ODMs across industries, including consumers, and the Type of Solution in the APAC region in the coming years.
The process of automating the transportation of inventory into, within, and out of warehouses to consumers with little human intervention is known as warehouse automation. A corporation can reduce labor-intensive tasks such as repetitive physical labor and manual data entry and analysis as part of an automation initiative. Mobile Robot usage is high in highly populous nations like China, Japan, and India, thanks to growing disposable money. Several reasons fueled growth in the worldwide warehouse automation market, including increased adoption of industrial IoT, urbanization, and e-commerce sales. The market is expected to increase in the coming years, owing to the increasing use of artificial intelligence and the rising deployment of robotics in warehouse automation. The mechanical hurdles connected with warehouse automation and shortage of skilled labor, on the other hand, would limit industry expansion.

Market Size

According to Business Intelligence Insights Global Warehouse Automation Market is expected to grow from USD 15.10 billion in 2021 to USD 44.29 billion by 2030, at a CAGR of 14.40% during the forecast period 2022-2030.


Covid -19 Impact Analysis

Warehouse Robots have had enormous deployments, but COVID-19 is projected to see a major increase in deployment speed. The COVID-19 outbreak has prompted warehouse owners to explore expediting their automation and robotics implementation timelines. Those who have successfully implemented also highlighted the construction of safer workplaces by limiting worker interactions while simultaneously raising productivity to meet rising e-commerce demands. Thousands of brick-and-mortar stores have closed their doors as a result of the recent increase in e-commerce.

Market Dynamics

•    Drivers
o    E-exponential commerce's growth and customer expectations.
o    Manufacturing Complexity and Technology Availability are Growing.

•    Restraints
o    High Investment Capital for Warehouse Automation

Segmentation Insights


The Mobile Robots category dominated the market with more than 20% of the market share

In 2021, the market for Warehouse Automation was dominated by mobile robots as a type of solution. The degree of autonomy distinguishes mobile robots from autonomous ground vehicles (AGVs). Robotics for distribution centers (DCs), such as mobile robots and collaborative picking arms, is exploding, with well over a dozen robotics companies vying for DC operators' business. In logistical applications, mobile robots are replacing AGVs. mobile robots, unlike AGVs, have more advanced onboard computers with inertial measuring units (IMU), laser scanning range finders, 2D and 3D color cameras, and motor controllers. Such mobile robots do not require the installation of tracking strips in a plant or warehouse. Furthermore, mobile robots are likely to increasingly replace forklifts in particular.

FMCG category dominated the market with more than 36.3% of the market share

The end-user in which Warehouse Automation can be taken are General Merchandise, FMCG, and Others. The FMCG sector of the Warehouse Automation Market is predicted to have a much greater market share than the other end users in the category. Furthermore, rising customer demand for higher levels of comfort and security around the world is expected to drive demand for Warehouse Automation in the future. Consumer demand for security and comfort is the primary driver of the market. 

By Type 
•    Conveyor/Sortation Systems
•    Automated Storage and Retrieval System (AS/RS)
•    Mobile Robots
•    Automatic Identification and Data Capture (AIDC)
•    Warehouse Management System (WMS)

By End User

•    Spectrum General Merchandise
•    FMCG
•    Others
 

By Region
•    North America
o    U.S.
o    Canada
•    Europe 
o    Germany
o    U.K.
o    France
o    Italy
o    Spain
o    Rest of Europe
•    Asia Pacific 
o    China
o    India
o    Japan
o    Rest of Asia Pacific
•    Latin America 
o    Brazil
o    Mexico
o    Rest of Latin America
•    Middle East and Africa 
o    UAE
o    South Africa
o    Rest of Middle East and Africa (MEA)

Key Players

List of Key Players in the Global Warehouse Automation Market:

•    ABB Ltd.
•    ATS Global B.V.
•    Vanderlande Industries B.V.
•    Omron Corp.
•    FANUC Corp.
•    TGW Logistics Group GmbH
•    Honeywell International Inc.
•    Siemens AG
•    Kuka AG
•    Kion Group

Regional Insights

World map title will be here...

North America dominated the market with more than 3% of the market share

The increase in robots in warehouses and distribution facilities in the United States is primarily due to the expansion of eCommerce. In addition to technological developments that have made robots better and smaller, reduced costs, and a labor shortage in some areas, the market has grown. In addition, larger corporations with a large number of warehouses and distribution centers use acquisition tactics to cut labor costs and boost profits. For example, Amazon has over 200,000 mobile robots working inside its warehouse network in the United States, alongside hundreds of thousands of human workers, until 2020. This robot army has aided Amazon in meeting its ever-increasing promises of fast deliveries to Amazon Prime members.

Table

Report Attributes
Details
Market Size Value in 2021 USD 15.10 billion
Market Size Value in 2030 USD 44.29 billion
Growth Rate +14.40%
Base Year 2021
Forecast Period 2022-2030
Historical Data 2018-2020
Forecast Units (USD Billion)
Countries Covered North America: U.S and Canada Europe: Germany, France, Italy, U.K, Spain, Russia, Rest of Europe APAC: China, Japan, South Korea, India, Australia, South East Asia, Rest of Asia Pacific Latin America: Brazil, Mexico Middle East And Africa: Saudi Arab, South Africa, UAE
Segments Covered By Type, By End User Spectrum, By Region
Competitive landscape Leading companies, Competitive strategies and Consumer engagement scope
Customization is available If our report does not contain the information you require, you can contact our experts to have segments created for you. Please contact us at sales@businessintelligence-insights.com if you have any questions

 

Frequently Asked Questions (FAQ):

The Global Warehouse Automation Market is predicted to grow at a 14.40% CAGR between 2022-2030.

According to Business Intelligence Insights Global Warehouse Automation Market is expected to grow from USD 15.10 billion in 2021 to USD 44.29 billion by 2028, at a CAGR of 14.40% during the forecast period 2022-2030.

FMCG category dominated the market with more than 36.3% of the market share

North America dominated the market with more than 3% of the market share

Key competitors in the Global Warehouse Automation Market include ABB Ltd, ATS Global B.V., Vanderlande Industries B.V., Omron Corp, FANUC Corp, TGW Logistics Group GmbH, Honeywell International Inc, Siemens AG, Kuka AG, Kion Group
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