Warehouse Automation System Market Growth Factors, Share, Industry Growth, Trends and Regional Outlook 2030
Anticipated Growth in Revenue:
The Warehouse Automation System Market was valued at US$ 3.65 Bn. in 2023 and the total revenue is expected to grow at 16.5% of CAGR through 2024 to 2030, reaching nearly US$ 10.65 Bn.
Warehouse Automation System Market Overview:
Automation technology in warehousing includes the development of robotized storage, internal transport, and control systems capable of moving goods within a facility without human intervention. These solutions are coordinated through advanced software programs, such as warehouse management systems (WMS).
Warehouse Automation System Market Scope:
Warehouse automation enables the creation of smart warehouses, enhancing logistics processes like commodities reception, product slotting, and order picking. By the end of 2020, there were approximately 25 billion square feet of warehouse space and 150,000 warehouses globally. While North America and Europe house a disproportionate number of warehouses, future growth will predominantly occur outside these regions due to rising demand in emerging markets. By 2025, the number of warehouses is expected to reach 180,000, with the United States, Japan, India, and Germany owning more than half of the global warehouse stock.
The Global Warehouse Management System Market report aims to provide industry stakeholders with comprehensive insights to inform strategic decisions about the dynamics and opportunities in the global Warehouse Management System market.
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Warehouse Automation System Market Segmentation:
by Component
Hardware
Software
by Application
Automotive
Food & Beverage
E-commerce
Pharmaceutical
Other
by End-Use
Retailers
Manufacturing and Distributors
Warehouse Automation System Market Key Players:
1. Dematic Corporation
2. Honeywell International Inc
3. Daifuku Co., Ltd.
4. Swisslog Holding AG
5. KION Group
6. Murata Machinery, Ltd.
7. SSI Schaefer Systems International
8. Vanderlande Industries
9. KNAPP AG
10. Beumer Group
11. TGW Logistics Group
12. Mecalux S.A.
13. SSI Schaefer
14. Fives Group
15. Kardex Group
16. Witron Logistik
17. SSI Schaefer
18. System Logistics Corporation
19. Swisslog
20. Bastian Solution
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Warehouse Automation System Market Regional Insights:
North America: North America led the market with a 43% share in 2023 and is anticipated to witness significant growth. The region's supply chain industry has undergone substantial transformation due to technological advancements and the rise of e-commerce, resulting in real-time demand impacts on product delivery processes. The adoption of Big Data, IoT, and Software as a Service (SaaS) technology is particularly strong in North America, driving the warehouse automation system market. The presence of numerous 3PLs (Third Party Logistics) and diverse warehouse types fosters healthy competition, further boosting the market. The US, with around 9,000 commercial storage buildings covering 829 million square feet, is expected to dominate the North American market throughout the forecast period.
Key questions answered in the Warehouse Automation System Market are:
- What is the expected size of the Warehouse Automation System Market by the end of the forecast period?
- Which segment within the Warehouse Automation System Market is projected to experience the highest growth during the forecast period?
- Who are the prominent players in the Seeds industry?
- What are the key trends anticipated to emerge in the Warehouse Automation System Market during the forecast period?
- What was the size of the Warehouse Automation System Market in the past?
- Which region dominated the global Warehouse Automation System Market?
Key Offerings:
- Historical Market Size and Competitive Landscape
- Past Pricing and Price Curve by Region
- Market Size, Share, and Forecast by Segment
- Market Dynamics: Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Detailed Market Segmentation by Segment and Region
- Competitive Landscape: Profiles of Key Players by Region
- Competitive Benchmarking by Region
- PESTLE and PORTER’s Analysis
- Value Chain and Supply Chain Analysis
- Legal Aspects of Business by Region
- SWOT Analysis for Lucrative Business Opportunities
- Strategic Recommendations
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