Global Warehouse Automation Market Value to Reach USD 30.69 Billion by 2028, Growing at 14.2% CAGR: Polaris Market Research | Jobs Recent


NEW YORK, December 12, 2022 /PRNewswire/ — Recently released Polaris market research [115+ Pages] research report on “Warehouse Automation Market Share, Size, Trends, Industry Analysis Report, By Application (E-Commerce, Grocery, Apparel, Food & Beverage, Pharmaceuticals); By Type; By Technology; By Region; Segment Forecast, 2021-2028” in its research database.

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According to the research report, the global warehouse automation market size and share has been estimated at 12.85 billion USD in 2020 and it is expected growth 30.69 billion USD Until 2028grows at a CAGR 14.2% in the expected period.

What is warehouse automation? How big is the warehouse automation market?

Warehouse automation is the process of automating warehouse operations to reduce manual processes. Uses software, equipment and processes to automate warehouse tasks to improve efficiency and accuracy. Integrating automation allows businesses to eliminate labor-intensive tasks that involve repetitive physical work and manual tasks. Some of the key benefits of warehouse automation include improved security, improved data management efficiency, reduced human error, and increased security.

Goods-to-person technologies, automated storage and retrieval systems, pick-to-light systems, and autonomous mobile robots are common types of warehouse automation. Increasing adoption of robotics in e-commerce fulfillment centers in developed and emerging countries is significantly fueling the growth of the warehouse automation market.

Request a sample copy “Market of warehouse automation” Research Report @ https://www.polarismarketresearch.com/industry-analysis/warehouse-automation-market/request-for-sample

(A sample of this report is available upon request. The sample report includes a brief introduction to the research report, a table of contents, a graphical representation of the regional analysis, the top players in the market with their revenue analysis, and our research methodology.)

Highlights of the report

  • Comprehensive information about the product portfolios of the top players in the market

  • In-depth assessment of geographic and business segments of the market

  • Market segmentation by product type, application and region

  • It offers a forward-looking view of the development elements that drive or control the development of the business area

  • Recent R&D projects undertaken by all key players

  • In-depth market value chain analysis and assessment of the impact of Porter’s five forces

Some of the top companies in the global market are:

  • Addverb Technologies Inc.

  • Armstrong Ltd.

  • Bastian Solutions LLC

  • Daifuku India Private Limited

  • Falcon Autotech Private Limited

  • Godrej Consoveyo Logistics Automation Ltd (GCLA).

  • Gray Orange

  • Hinditron Group

  • Honeywell Intelligrated

  • Kardex India Storage Solutions Private Limited

  • Kion Group (Dematic)

  • The KNAPP Group

  • KUKA Group (Swisslog)

  • Muratec Machinery Ltd.

  • Richfield Automation Ltd

  • Schaefer Systems International Pvt Ltd

  • Space Magnum Equipment Pvt. doo

  • High Tech Robotic Systemz Limited

For additional information on market participants and a detailed list, download the PDF brochure for the report

Factors driving growth

The growing number of industrial automation technology initiatives is driving the growth of the market. Increasing growth of e-commerce industry, globalization of supply chain networks and emergence of autonomous mobile robots are the factors driving the warehouse automation market size. Technological developments in artificial intelligence, computer vision systems and motion control are expected to create growth opportunities in the market. Rising investments in R&D and high labor costs are also driving industry demand.

In addition, companies use advanced technical components such as sensors, scanners and RFID tags to improve operational efficiency and increase worker safety. The increasing use of such technological breakthroughs is contributing to the growth of the market. In addition, the increasing expansion of industrial automation and robotics technology in countries such as the United States, the United Kingdom, Germany, Indiaand China has a positive effect on market expansion.

Purchase a copy of the report directly from TOC @ https://www.polarismarketresearch.com/checkouts/9801

Latest events

  • inside May 2021, EU4Digital has launched an e-commerce pilot project for the robotic exchange of e-commerce data through a virtual warehouse. It allows retailers, marketers, delivery operators and customs to place a product for overseas and cross-border delivery.

Segment Analysis: What Are the Types of Warehouse Automation?

Based on technology, automated storage and retrieval system (AS/RS) is expected to account for the largest share of revenue in the warehouse automation market. This technology provides benefits to warehouse managers, including low labor costs, while promoting space utilization and preventing product damage. Also, the integration of the AS/RS system in warehouses reduced manual interventions in operations. Such benefits offered by AS/RS ensure a return on investment in warehousing and distribution technology. These factors support the growth of the segment in the market.

Insight by application

In terms of e-commerce, the category achieved the largest market share in 2020 due to the increasing adoption of warehouse automation in e-commerce facilities. The implementation can be attributed to the growing awareness of robotics players for various aspects of e-commerce fulfillment. In addition, factors such as growing e-commerce activities and the rapid spread of robotic technology in e-commerce warehouses are driving the growth of such applications in the e-commerce warehouse automation market. These benefits that warehouse automation provides to e-commerce are expected to drive segment growth.

For any other research related queries please contact our research analyst @ https://www.polarismarketresearch.com/industry-analysis/warehouse-automation-market/speak-to-analyst

Report Scope of the Warehouse Automation Market

Report attribute

Details

Revenue forecast in 2028

30.69 billion USD

Value of market size in 2020

12.85 billion USD

Expected growth CAGR

14.2% from 2021 to 2028

Elementary year

2020

Forecast year

2021 – 2028

The best players on the market

Addverb Technologies Inc., Armstrong Ltd., Bastian Solution LLC, Daifuku India Private Limited, Falcon Autotech Private Limited, Godrej Consoveyo Logistics Automation Ltd (GCLA)., GreyOrange, Hinditron Group, Honeywell Intelligrated, Kardex India Storage Solutions Private Limited, Kion Group (Dematic), KNAPP Group, KUKA Group (Swisslog), Muratec Machinery, ltd., Richfield Automation Ltd, Schaefer Systems International Pvt Ltd, Space Magnum Equipment Pvt. Ltd, The Hi-Tech Robotic Systemz Limited

Segments covered

By type, by technology, by application, by region

Customization options

Customized purchase options are available to meet all research needs. Explore personalized purchase options

Geographical overview

Based on geography, the demand for warehouse automation market v Europe dominated the market in 2020 and is expected to continue its dominance over the forecast period as well. This is because the European government is imposing more industrial automation guidelines to effectively manage material handling in warehouses. The growing development of e-commerce and packaging related activities along with increasing disposable income is also expected to further fuel the market growth in the region.

More, Asia Pacific The market is estimated to drive a high CAGR in 2020 due to the growing development of the e-commerce industry in developing countries. Asia Pacific. In addition, growing initiatives to implement warehouse automation for supply management are fueling the growth of the regional market.

Browse through the detailed report “Warehouse Automation Market Share, Size, Trends, Industry Analysis Report, By Application (E-Commerce, Grocery, Apparel, Food & Beverage, Pharmaceuticals); By Type; By Technology; By Region; Segment Forecast, 2021-2028” with an in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/warehouse-automation-market

For additional information OR media inquiries please email: sales@polarismarketresearch.com

Polaris Market Research has segmented the warehouse automation market report on the basis of type, technology, application and region:

By type Outlook

  • Basic storage

  • Storage system

  • Mechanized warehouse

  • Advanced storage

Author: Technology Outlook

  • Automated storage and retrieval systems (AS/RS)

  • Automated Guided Vehicles (AGVs)

  • Autonomous Mobile Robots (AMR)

  • Voice dialing and task assignment

  • Automated sorting systems

  • second

With Outlook

  • E-business

  • Grocery store

  • Clothes

  • food and drink

  • Pharmaceutical

By Outlook region

  • North America (USA, Canada)

  • Europe (GermanyUnited kingdom, France, Italy, Spain, The Netherlands, Austria)

  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia)

  • Latin America (Brazil, Mexico, Argentina)

  • the middle east & Africa (Saudi Arabia, South Africa, IsraelUAE, Africa)

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About Polaris Market Research

Polaris Market Research is a global market research and consulting firm. The company specializes in providing exceptional market intelligence and in-depth business research services to PMR’s clients spread across various businesses. At Polaris, we are committed to serving PMR’s diverse customer base spanning the healthcare, technology, semiconductor and chemical industries, as well as various other industries with a global presence. We strive to provide PMR customers with up-to-date information on innovative technologies, fast-growing markets, emerging business environments and the latest business-focused applications, helping them to always make informed decisions and seize new opportunities. Skilled with a highly skilled, experienced and highly qualified team of professionals consisting of SMEs, analysts and consultants, we at Polaris strive to provide value-added business solutions to PMR clients.

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