The warehouse automation systems global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Warehouse Automation Systems Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The warehouse automation systems market size has grown rapidly in recent years. It will grow from $24.05 billion in 2023 to $27.64 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to radio frequency identification (RFID), data analytics and artificial intelligence, autonomous mobile robots (AMRS), pick-to-light and put-to-light systems, and computerized control systems.
The warehouse automation systems market size is expected to see rapid growth in the next few years. It will grow to $48.54 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%. The growth in the forecast period can be attributed to technological advancements, sustainability initiatives, labor shortages, rapid urbanization, regulatory compliance. Major trends in the forecast period include integration of artificial intelligence (ai) and machine learning (ml), adoption of goods-to-person system, continued growth of autonomous mobile robots (amrs), rise of micro-fulfillment centers, cloud-based solutions for scalability and flexibility.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/warehouse-automation-systems-global-market-report
Scope Of Warehouse Automation Systems Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Warehouse Automation Systems Market Overview
Market Drivers –
A rise in e-commerce sales is expected to propel the growth of the warehouse automation systems market going forward. The rise in e-commerce sales can be attributed to increased internet penetration and convenience, offering consumers a wide range of products accessible anywhere. Warehouse automation systems are integral to e-commerce for optimizing order fulfillment, reducing labor costs, and enhancing efficiency through technologies like robotic picking and automated conveyor systems. These systems streamline operations, minimize errors, and enable rapid processing of orders, improving customer satisfaction and scaling businesses. For instance, in February 2024, according to the Census Bureau of the Department of Commerce, a US-based government department, in the fourth quarter of 2023, e-commerce sales surged by 7.5% compared to the same period in 2022. Therefore, a rise in e-commerce sales is driving the growth of the warehouse automation systems market.
Market Trends –
Major companies operating in the warehouse automation systems market are focusing on modular and easy-to-implement solutions in warehouse automation, such as plug-and-play cube storage technology, to gain a competitive edge and provide better warehousing solutions. Plug-and-play cube storage technology offers a modular system with standardized components such as storage bins, robotic shuttles, and control systems, enabling easy deployment and customization for efficient goods storage. For instance, in January 2023, AutoStore AS, a Norway-based provider of automated storage and retrieval systems (ASRS), launched Pio, a plug-and-play version of its cube storage technology tailored for small and medium-sized businesses (SMBs). Pio operates on a pay-per-pick service model, making robotic automation accessible to small and medium-sized businesses (SMBs) at a modest investment. This democratizes access to top-tier automation technology, empowering independent brands. Its design facilitates same-day order processing, quicker and more economical item processing, and enhances picking and packing operations by up to five times the speed.
The warehouse automation systems market covered in this report is segmented –
1) By Component: Solution, Service
2) By Automation Type: Physical Automation, Digital Automation
3) By Enterprise Size: Large Enterprises, Small And Midsize Enterprises (SMEs)
4) By Industry Vertical: Retail And Consumer Goods, Healthcare And Pharmaceuticals, Manufacturing, Food And Beverages, Transportation And Logistics, Automotive, Other Industry Verticals
Get an inside scoop of the warehouse automation systems market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=15295&type=smp
Regional Insights –
North America was the largest region in the warehouse automation systems market in 2023. The regions covered in the warehouse automation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the warehouse automation systems market report are <b>KION Group; Daifuku Co. Ltd.; Fritz SchäFer GmbH; Vanderlande Industries B.V.; Dematic GmbH; KNAPP AG; Fives S.A.S.; Murata Machinery Ltd.; Intelligrated Inc.; Beumer Group GmbH & Co. KG; Interlake Mecalux Inc.; TGW Logistics Group; Bastian Solutions; Swisslog Holding AG; Cimcorp Group; Geek+ Robotics; System Logistics Spa; GreyOrange Inc.; viastore Systems Inc.; FLEXcon Company Inc.; Grenzebach Maschinenbau GmbH; Locus Robotics; Westfalia Technologies Inc.; Fetch Robotics Inc.; Clearpath Robotics Inc. </b>
Table of Contents
1. Executive Summary
2. Warehouse Automation Systems Market Report Structure
3. Warehouse Automation Systems Market Trends And Strategies
4. Warehouse Automation Systems Market – Macro Economic Scenario
5. Warehouse Automation Systems Market Size And Growth
…..
27. Warehouse Automation Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the trending research reports from TBRC:
https://topprnews.com/direct-carrier-billing-market-outlook/
https://topprnews.com/generative-ai-in-healthcare-market-share/
https://topprnews.com/global-hospitality-robots-market-size/
https://goodprnews.com/direct-carrier-billing-market-overview/
https://goodprnews.com/generative-ai-in-healthcare-market-size-2/
https://goodprnews.com/global-hospitality-robots-market-analysis/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
