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COVID-19 exacerbated both manpower shortages and the strain on global logistics networks in 2020, forcing even more investment into the Warehouse Automation Market. According to the study's estimates, warehouse automation will draw roughly 15% more investment in the next 4-5 years than was previously anticipated.
Warehouse automation is the process of using automated technology to restructure commercial warehouse operations. Warehouse automation provides firms with numerous options for growth by allowing them to gain benefits such as helping fluctuating demand sooner, delivering supply chain visibility, enhancing operation efficiency, and others.
Warehouse Automation Market Report Scope and Research Methodology:
The Warehouse Automation The industry report's major goal is to provide stakeholders with a detailed analysis of the industry in simple terms. Market study was conducted by segmenting the Warehouse Automation market into different segments. These key market segments were subsequently subdivided into several sub-segments. The study provides a complete analysis of the Warehouse Automation industry's drivers, opportunities, restrictions, and challenges by region and segment. The market study includes historical data, insightful insights, facts, and scientifically backed and industry-validated market figures, as well as estimates based on an appropriate set of assumptions and techniques.
The data for the Warehouse Automation market study was acquired using primary and secondary research methods, and the data was collated and analysed to produce reliable and error-free findings. The secondary research comprises a review of prominent players' annual and financial reports, while the main research involves interviews with key opinion leaders and Warehouse Automation industry specialists such as competent front-line people, entrepreneurs, and marketing professionals. The bottom-up approach was used to estimate the Warehouse Automation market size. The SWOT analysis was used to offer the Warehouse Automation Market's strengths and weaknesses, while the PESTLE and PORTER analyses were used to provide the effects of macroeconomic and microeconomic factors on the worldwide Warehouse Automation Market.
Warehouse Automation Market Report Overview:
The research includes the most recent revenue and trends in the Warehouse Automation Market. It contains a market overview, definition, structure, as well as preventative and planned management. The research focuses on the elements that have a positive and negative impact on the Warehouse Automation Market. It also aids in assessing the Warehouse Automation Market's future potential in the predicted years. The study assists in making market-entry decisions and understanding the Warehouse Automation industry's context.
Warehouse Automation Market Size was valued nearly US$ 18.05 Bn. in 2022. Global Warehouse Automation Market size is estimated to grow at a CAGR of 10.72 % and is expected to reach at US$ 36.83 Bn. by 2029.
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Warehouse Automation Market Dynamics:
The Warehouse Automation Market's E-commerce application sector is predicted to develop at the fastest CAGR of 12.5% between 2021 and 2027, followed by Grocery. E-commerce and grocery will have the most demand for warehouse automation equipment, with growth expected to be in the high double digits by 2026. E-commerce expansion is also boosting demand for automation solutions in key economies such as Central and Eastern Europe, India, Indonesia, and South America, where such solutions have previously had a low penetration. Modern warehouse space is in high demand in growing economies.
Warehouse Automation Market Segmentation:
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 study also provides the competitive landscape of the industry's leading competitors, as well as their latest developments in the Warehouse Automation Market. The research investigates the top players in the Warehouse Automation Market in terms of business size, market share, market growth, revenue, production volume, and profitability.
Many start-ups have emerged to offer robotic solutions for the warehousing and retail sectors, and we are currently witnessing a massive explosion of different mobile robotic systems with varying degrees of autonomy. The sector is still in its early stages, with competitors ranging from established giants such as Swisslog, a subsidiary of KUKA, and Adept, which was recently acquired by Omron of Japan, to a slew of startups such as Fetch Robotics in the United States and MiR (Mobile Industrial Robots) in Denmark.
Warehouse Automation Market 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
Warehouse Automation Market Regional Insights:
Geographically, the report is divided into several key countries, with Warehouse Automation market size, growth rate, import and export of Warehouse Automation market in these countries, which cover North America, the United States, Canada, Mexico, Europe, the United Kingdom, Germany, France, Spain, Italy, the Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, the Rest of APAC, South America, Brazil, and the Middle East and Africa.
Key Questions answered in the Warehouse Automation Market Report are:
Key Offerings:
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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