Global Warehouse Automation Market: Grocery Forecast to be Second Biggest Opportunity after E-commerce, Worth $4B+ by 2025
DUBLIN, May 21, 2020 /PRNewswire/ -- The "Warehouse Automation Market By Technology (AGV/AMR, ASRS, Conveyors, Sortation, Order Picking, AIDC, Palletizing, Overhead Systems and WMS/WES/WCS), By Industry (E-commerce, Grocery, Apparel, Food & Beverage, Pharma), By Geography - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The warehouse automation market will grow more than 2x from $13 Billion in 2018 to $27 billion by 2025, at a CAGR of 11.7% between 2019 and 2025. The growth of this market can be attributed to the growth in the e-commerce industry, emerging multichannel distribution channels, globalization of supply chain networks, increased adoption of micro-fulfilment centers, the emergence of autonomous mobile robots and rising need for same day delivery. The boom in e-commerce is compounding the major labor challenges faced by the $5trn global logistics industry. Not only are shipment volumes growing rapidly, but online retail also typically requires more logistical work per item than brick & mortar retail. Indeed, online purchases require individual picking packing and shipping, as opposed to the bulk transportation models of traditional brick & mortar retail.
Key Highlights
- Warehouse automation equipment suppliers and industry consultants expect broadly double-digit growth in sales driven by demographic changes, increased penetration in e-commerce and the advent of the IIoT, that will drive demand for data analytics and automated operations.
- Competitive landscape - There are 10 large and 10-20 medium-size companies operating in the material handling equipment space capable of delivering comprehensive automated warehouse solutions. Approximately seven of these companies can deliver equipment to fit all mechanised and automated tasks required in the order fulfillment process.
- Execution track record is key - The industry has a business model favouring long term relationships between equipment providers and their clients where reputation for execution excellence is essential to winning new contracts.
- Service model importance increasing - Over the time as the installed base of automated warehouse solutions grows, industry players expect an increase in revenues from services and maintenance, which would have a positive impact on profitability as the service business typically has 15-20% operating margins, versus 3-5% margins for new equipment.
- Consolidation - The past 3-4 years have seen an increase in consolidation amongst material handling equipment providers as traditional players see acquisition of technology leaders as an increasingly attractive way of positioning themselves in response to changing market trends. On-cloud deployment of WMS to witness high growth during forecast period
Key Questions to be answered through this report
- What are the major trends and drivers impacting the Warehouse Automation Market?
- What is the revenue outlook (TAM) for Warehouse Automation Market till 2025 by segments such as End-user Industries, Regions, and Technologies?
- What are the key investments and M&A in Warehouse Automation space?
- Who are the major participants across Warehouse Automation Ecosystem and by key segments?
- What are the competitive dynamics of Warehouse Automation Market and how each player is positioned in the respective segment?
- What are the strategic imperative and calls to action that will define growth and success within Warehouse Automation for next 5 years?
Key Topics Covered:
1 Warehouse Automation
2 Warehouse Automation Technology Breakdown
3 Warehouse Automation Business Model, Drivers and Trends
4 Warehouse automation drivers and trends
5 Warehouse Automation Market, by Technology
6 Warehouse Automation Market, by End-user Industry
7 Warehouse Automation Market Share, by country
8 Warehouse Automation Developments - Major Customers
9 Competitive Landscape
10 Company Profiles
11 Emerging Technologies
A selecion of the companies mentioned includes:
- 6 River Systems (Shopify)
- AFS Technologies
- AGV International
- ALOG Tech
- ASI
- Active Space Automation
- Aethon
- AgiLox
- Airmap
- Altitude Angel
- Amazon Canvas
- Amazon Robotics (Kiva System)
- America in Motion (AIM)
- Aptean
- Attabotics
- Conveyco
- Covariant AI
- Creform
- DSI
- EiraTech Robotics
- EuroTec (Lowpad)
- Exotec
- Exyn Technologies
- Eyesee Drone
- Grey Orange
- Guidance Automation
- H3 Dynamics
- HAL
- HANEL
- HighJump
- HikRobots
- Honeywell AIDC
- Honeywell Intelligrated
- KION
- Kardex
- Kindred AI
- KnightScope
- Kollmorgen
- NCR
- Neobotix
- Oracle
- PAL Robotics
- PINC Solutions
- Panasonic
- PerceptIn
- Plus One Robotics
- Realtime Robotics
- Refraction AI
- Reply
- Righthand Robotics
- SMP Robotics
- Savant Software
- Savioke
- Scallog
- Scan Source
- Seegrid
- Skycart
- Ubiquity Robotics
- Unify
- Unitech
- Vanderlande
- Vinculum
- Volocopter GmbH
- Waypoint Robotics
- Westfalia
- Witron
- Workhorse Group
- XYZ Robotics
- Yandex
- Zebra Technologies
- Zipline
For more information about this report visit https://www.researchandmarkets.com/r/r4b192
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