Warehouse automation is the process of using automated technology to restructure business warehouse operations. Warehouse automation provides companies with numerous opportunities for growth by allowing them to reap benefits such as helping fluctuating demand faster, bringing supply chain visibility, improving operation efficiency, and others.
Warehouse Automation Market Scope:
The Warehouse Automation market is segmented in this Stellar Market Research report based on manufacturers, regions, product types, and application areas. A market's size can be calculated using its value, output, and consumption. This Stellar Market Research (SMR) report discusses distribution channels, Porter's Five Forces Report, market share, size, growth rate, future trends, market drivers, opportunities and challenges, risks, and entry barriers, among other things.
Warehouse Automation Market Overview:
The SMR Warehouse Automation Market report investigates the historical and projected growth of the upstream, midstream, and downstream industries. The market research study goes into great detail about the overall market size, revenue, and market segmentation. The SMR research takes into account a wide range of factors, including current market competition, potential growth barriers, key manufacturer profiles, and production and consumption by relevant areas.
Warehouse Automation Market Size was valued nearly US$ 14.73 Bn. in 2020. Global Warehouse Automation Market size is estimated to grow at a CAGR of 10.72 % and is expected to reach at US$ 30.05 Bn. by 2027.
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Warehouse Automation Market Drivers:
Looking ahead, the Warehouse Automation Market is expected to reach US$ 30.05 billion by 2026, expanding at a CAGR of around 10.72% between 2021 and 2026. Warehouse investment is steadily increasing, owing to increasing levels of automation within the warehouse as well as supply chain integration. The new entrant is providing advanced solutions at the best value, disrupting the established players. Nonetheless, the pandemic and post-pandemic worlds have provided opportunities for both emerging and established players.
Warehouse Automation Market Segmentation:
The Warehouse Automation Market's E-commerce application segment is expected to grow at the fastest CAGR of 12.5% between 2021 and 2027, followed by Grocery. E-commerce and grocery will have the highest demand for warehouse automation equipment, with growth expected to be in the high double digits by 2026. E-commerce growth is also driving demand for automation solutions in major economies such as Central and Eastern Europe, India, Indonesia, and South America, where such solutions have historically had a low penetration. Modern warehouse space is in high demand in developing economies.
The qualitative and quantitative data provided in the Warehouse Automation Market report will assist in understanding which market segments, regions, and factors affecting the market, as well as key opportunity areas, will drive the industry and market growth over the forecast period. The report also includes the competitive landscape of the industry's key players, as well as their recent developments in the Warehouse Automation Market. The report investigates the key players in the Warehouse Automation Market in terms of company size, market share, market growth, revenue, production volume, and profits.
Key Players: Dematic Group (Kion Group AG) Daifuku Co. Limited Geek+ Swisslog Holding AG (KUKA AG) Honeywell Intelligrated (Honeywell International Inc.) Jungheinrich AG Murata Machinery Ltd Knapp AG Amazon Lucas Robotics TGW Logistics Group GmbH Kardex Group Mecalux SA BEUMER Group GmbH & Co. KG SSI Schaefer AG Vanderlande Industries BV WITRON Logistik + Informatik GmbH Oracle Corporation One Network Enterprises Inc. SAP SE
The SMR report also includes company profiles, product images and specifications, output and capacity figures, pricing and cost information, revenue information, and contact information for the Warehouse Automation market's leading players. It investigates the specifications for raw materials, machinery, and upstream and downstream processes.
Warehouse Automation Market Regional Analysis:
The Middle East and Africa, South America, North America, Asia Pacific, and Europe are the market's five geographical regions. Stellar Market Research covers all market sub-segments as well as major geographic divisions. In this SMR report, we investigate regional evolution in terms of market size, share, and volume. This Stellar Market Research Warehouse Automation industry report includes data, geographic breakdowns, and revenue, as well as an in-depth analysis of business chain structures, opportunities, and the most recent market news.
Key Questions answered in the Warehouse Automation Market Report are:
- Which product segment is expected to hold the largest share in the Warehouse Automation market?
- How is the competitive scenario of the Warehouse Automation market?
- Which are the key factors aiding the Warehouse Automation market growth?
- Which region holds the maximum share in the Warehouse Automation market?
- What is the expected CAGR of the Warehouse Automation market during the forecast period 2022-2029?
- Which application segment emerged as the leading segment in the Warehouse Automation market?
- Which are the major key players in the Warehouse Automation market?
- What key trends are expected to emerge in the Warehouse Automation market in the forecast period?
- What will be the Warehouse Automation market size by 2029?
- Which company held the largest share in the Warehouse Automation market?
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About Stellar Market Research:
In 2018, Stellar Market Research, an organisation based in India, was founded. Its area of expertise is long-term planning and consulting services to help clients meet their organisational transformation goals. The organisation uses its extensive network and in-depth knowledge of the industry to produce well-informed comments on reports that give clients a tactical edge. Customers have access to a market portfolio that will help their company establish a substantial presence, set long-term objectives, and carry out the necessary actions for remarkable growth and market dominance. Price changes, secondary market analysis, and customer buying habits are all carefully taken into account.
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