As per the publisher’s latest market research and analysis, Warehouse Automation Market is expected to touch the mark of $41 Billion by 2027, at a CAGR of almost 15% between 2020 and 2025. The growth of this market can be attributed to the growth in the e-commerce industry, multichannel distribution channels, e-grocery penetration with dark stores & ultrafast delivery services, globalization of supply chain networks, emergence of autonomous mobile robots and rising need for same day / same hour delivery. The boom in e-commerce is compounding the major labour challenges faced by the $5T 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.
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Our 3rd version of this market study is having a detailed market analysis of more than 650+ players (part of our exclusive Market Map), 10 solutions, 7 industries and 30 countries along with 550 pages, 355 Market Tables, 293 Exhibits and 134 Company Profiles. Analysis is validated through 100+ in-depth interviews across the value chain with components and technology providers, system integrators & manufacturers, software and services providers, and end-user industry verticals. Of course, the push to automate the warehouses was in full force before the Covid-19 but global pandemic forced the companies to change their strategy w.r.t warehouse automation from “good to have” category to “must to have” if they have to sustain in this industry. One of the learnings from the COVID-19 pandemic is that mega-trends like aging population, globalisation, health & safety, mobility, green logistics, autonomous world, urbanisation, individualisation and digitization need to be given more consideration and weight than in the past with a long-term vision so that we are ready with any challenge. Post pandemic, most important and emerging trends have been eGrocery growth, Micro-Fulfillment Centers, Dark Stores and automated cold storages. Huge investment for start-ups like Takeoff technologies, Fabric, Attabotics, Exotec Solutions, Hai Robotics, Addverb Technologies, SEER, Dexterity, Nuro, and Youibot are witnessing this growth along with presence of existing big players like Dematic, Honeywell Intelligrated, SSI Schafer, Knapp, Daifuku, Muratec, AutoStore, and Toyota Advance Logistics. Retailers such as Walmart, Kroger, Coop, Woolworths, Amazon, Ocado, Meijer, Carrefour, H-E-B, Albertsons, and Ahold Delhaize have already started adopting and implementing these new technologies during pandemic. Apart this, piece picking players such as Righthand Robotics, Nimble, Fizyr, Kindred, Covariant, OSARO, Plus One Robotics, Berkshire Grey, and AWL have established a new attractive capability for order picking in ecommerce fulfillment as picking is least automated process in existing warehouses. Download Sample Report, SPECIAL OFFER (Avail an Up-to 30% discount on this report- https://www.astuteanalytica.com/request-sample/warehouse-automation-market
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