Pune, India, March 17, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, global warehouse automation market size was worth USD 14.86 billion in the year 2020 and is deemed to record noteworthy growth over the forecast period 2021-2026.
Proceeding further, the research literature studies the market from the perspective of solution type, end user scope, and geographies to highlight major investable areas during the analysis period. Moreover, it explicates the competitive framework on the basis of the financials, strategies, and recent developments of the major players in this vertical.
High disposable income in populated countries like Japan, China, and India, advancements in technology, and increasing use of electronic devices are propelling the market growth. Furthermore, extensive adoption of the technology in FMCG sector and warehouse management systems will also propel market development.
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Higher concentration of OEMs (original equipment manufacturers) and ODMs (original device manufacturers) across various sectors is also expected to create a positive industry outlook in the coming years.
Market segmentation review
Based on solution type, worldwide warehouse automation industry is split into conveyor/sortation systems, automated storage & retrieval system (AS/RS), mobile robots, automatic identification & data capture (AIDC), and warehouse management system (WMS). Among these, mobile robot segment is slated to witness substantial growth over 2021-2026, due the growing presence of material handling companies and intensifying government regulations across several parts of the world.
Considering end user scope, the industry classification comprises general merchandise, FMCG, and others. The FMCG sector is estimated to capture a large market share by 2026, primarily triggered by the surging consumer demand for security and comfort.
Regional scope
From a geographical perspective, Asia Pacific is projected to account for a major share in the market by the end of the analysis timeframe. This can be attributed to factors such as high levels of disposable income, growing urban population, and increasing development of electronic technologies.
Moreover, rising focus on quality control by reducing variability and minimizing errors while carrying and storing commodities in an efficient storage space is also driving the regional market growth.
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Competitive framework
Companies such as 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, and Kion Group mainly determine global warehouse automation market trends.
Information regarding the major competitive developments taking place in the industry such as mergers & acquisitions, strategies, and new product development activities undertaken by the listed companies in order to expand their foothold in this vertical is also elucidated.
Global Warehouse Automation Market, by Type of Solution (Revenue, USD Million, 2016-2026)
- Conveyor/Sortation Systems
- Automated Storage and Retrieval System (AS/RS)
- Mobile Robots
- Automatic Identification and Data Capture (AIDC)
- Warehouse Management System (WMS)
Global Warehouse Automation Market, by End User Spectrum (Revenue, USD Million, 2016-2026)
- General Merchandise
- FMCG
- Others
Global Warehouse Automation Market, by Regional Outlook (Revenue, USD Million, 2016-2026)
Americas
- United States
- Canada
- Mexico
Europe
- Germany
- United Kingdom
- France
- Italy
Asia Pacific
- China
- Japan
- India
Middle East & Africa
Global Warehouse Automation Market, Competitive Landscape (Revenue, USD Million, 2016-2026)
- 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
Table of Content:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Warehouse Automation Market: Product Overview
4. Global Warehouse Automation Market: An Analysis
4.1 Market Size, By Value, 2016-2020
4.2 Impact of COVID-19 on Warehouse Automation Market
4.3 Global Warehouse Automation Market: Growth & Forecast
5. Global Warehouse Automation Market: Segment Analysis
5.1 Global Warehouse Automation Market Segmentation, By Type of Solution (Value)
5.2 Competitive Scenario of Warehouse Automation Market: By Type of Solution (2020 & 2026)
5.3 By Conveyor/Sortation Systems- Market Size and Forecast (2016-2026)
5.4 By Automated Storage and Retrieval System (AS/RS)- Market Size and Forecast (2016-2026)
5.5 By Mobile Robots- Market Size and Forecast (2016-2026)
5.6 By Warehouse Automation System (WMS)- Market Size and Forecast (2016-2026)
5.7 By Automatic Identification and Data Capture (AIDC)- Market Size and Forecast (2016-2026)
6. Global Warehouse Automation Market Segmentation, By End User (Value)
6.1 Competitive Scenario of Global Warehouse Automation Market: By End User (2020 & 2026)
6.2 By General Merchandise- Market Size and Forecast (2016-2026)
6.3 By FMCG- Market Size and Forecast (2016-2026)
6.4 By Others- Market Size and Forecast (2016-2026)
7. Global Warehouse Automation Market: Regional Analysis
7.1 Competitive Scenario of Global Warehouse Automation Market: By Region (2020 & 2026)
8. Americas Warehouse Automation Market: An Analysis (2016-2026)
8.1 Americas Warehouse Automation Market by value: Size and Forecast (2016-2026)
8.2 Americas Warehouse Automation Market: Growth and Forecast
8.3 Americas Warehouse Automation Market: Prominent Companies
8.4 Market Segmentation By Type of Solution (Conveyor/Sortation Systems, Automated Storage and Retrieval System (AS/RS), Mobile Robots, Warehouse Automation System (WMS), AIDC)
8.5 Market Segmentation By End User (General Merchandise, FMCG, Others)
9. Europe Warehouse Automation Market: An Analysis (2016-2026)
9.1 Europe Warehouse Automation Market by value: Size and Forecast (2016-2026)
9.2 Europe Warehouse Automation Market: Growth and Forecast
9.3 Europe Warehouse Automation Market: Prominent Companies
9.4 Market Segmentation By Type of Solution (Conveyor/Sortation Systems, Automated Storage and Retrieval System (AS/RS), Mobile Robots, Warehouse Automation System (WMS), AIDC)
9.5 Market Segmentation By End User (General Merchandise, FMCG, Others)
10. Asia Pacific Warehouse Automation Market: An Analysis (2016-2026)
10.1 Asia Pacific Warehouse Automation Market by value: Size and Forecast (2016-2026)
10.2 Asia Pacific Warehouse Automation Market: Growth and Forecast
10.3 Asia Pacific Warehouse Automation Market: Prominent Companies
10.4 Market Segmentation By Type of Solution (Conveyor/Sortation Systems, Automated Storage and Retrieval System (AS/RS), Mobile Robots, Warehouse Automation System (WMS), AIDC)
10.5 Market Segmentation By End User (General Merchandise, FMCG, Other)
11. Global Warehouse Automation Market Dynamics
11.1 Global Warehouse Automation Market Drivers
11.2 Global Warehouse Automation Market Restraints
11.3 Global Warehouse Automation Market Trends
12. Market Attractiveness and Strategic Analysis
12.1 Market Attractiveness Chart of Global Warehouse Automation Market - By Type of Solution (Year 2026)
12.2 Market Attractiveness Chart of Global Warehouse Automation Market - By End User (Year 2026)
12.3 Market Attractiveness Chart of Global Warehouse Automation Market - By Region (Year 2026)
13. Competitive Landscape
Related Report:
Material Handling Equipment Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 - 2027
Reports estimate that the global material handling equipment market will continue to garner momentum over the next few years, between 2021-2027, with rapid expansion of manufacturing and industrial sectors. The proliferation of ecommerce will further augment the market trends in the forthcoming years. The equipment features a roll ejector mechanism and is specifically designed for the food and pharmaceutical industries. It can lift and transport rolls from the pallet to the processing or packaging machine automatically, completely eliminating the need for manual handling. Considering the regional landscape, the market for material handling equipment in North America is projected to record commendable growth. The regional growth will be mainly propelled by the widespread adoption of ecommerce platforms. The expanding ecommerce sector in the region is encouraging online retailers to implement sophisticated machinery and equipment in manufacturing facilities and warehouses for efficient material handling.
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