Warehouse Automation Market by Automation Type (Digital Automation, Physical Automation), Component (Hardware, Services, Software), Function, End-User - Global Forecast 2024-2030

Warehouse Automation Market by Automation Type (Digital Automation, Physical Automation), Component (Hardware, Services, Software), Function, End-User - Global Forecast 2024-2030

The Warehouse Automation Market size was estimated at USD 21.58 billion in 2023 and expected to reach USD 24.42 billion in 2024, at a CAGR 14.90% to reach USD 57.09 billion by 2030.

Global Warehouse Automation Market

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.

Regional Insights

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.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Warehouse Automation Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Warehouse Automation Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

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.

Market Segmentation & Coverage

This research report categorizes the Warehouse Automation Market to forecast the revenues and analyze trends in each of the following sub-markets:

Automation Type
Digital Automation
Physical Automation
Automated Storage & Retrieval Systems
Automatic Guided Vehicles
Autonomous Mobile Robots
Sortation Systems
Component
Hardware
Services
Software
Function
Packaging
Pick & Place
Shipping
Sorting
End-User
Aerospace & Defense
Automotive & Transportation
Consumer Goods & Retail
Food & Beverages
Healthcare & Pharmaceuticals
Manufacturing
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Warehouse Automation Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Warehouse Automation Market?
3. What are the technology trends and regulatory frameworks in the Warehouse Automation Market?
4. What is the market share of the leading vendors in the Warehouse Automation Market?
5. Which modes and strategic moves are suitable for entering the Warehouse Automation Market?

Note: PDF & Excel + Online Access - 1 Year