Warehouse Automation Market Size: 2022-2030 is booming.
How big is the warehouse automation market in 2022 and how will it be by 2030? Let's discover it.
Driven by the booming e-commerce industry and labor shortages, the demand for innovative automation solutions is skyrocketing. Businesses are racing to streamline operations, boost efficiency, and meet rising customer expectations.
This remarkable growth is fueled by several factors.
1️⃣ First, online shopping's convenience has created an insatiable desire for faster order fulfillment. Automation holds the key to lightning-fast deliveries.
2️⃣Second, labor shortages have prompted companies to embrace automation. Warehouse Robotic systems, advanced conveyor belts, and smart software are transforming warehouses, reducing manual work, and optimizing processes.
In this article I have indentified 20 Benefits of Warehouse Automation including: improved safety, improving stock tracking, better customer satisfation, etc.
Thanks to technological advancements, automation solutions are now more accessible and affordable. With artificial intelligence, machine learning, and robotics, businesses of all sizes can stay competitive.
The future of warehouse automation looks incredibly promising.
As technology continues to evolve, we can expect even more advanced solutions that revolutionize storage, management, and distribution.
Get ready for the warehouse automation industry to reach new heights! ????????
How big is the Warehouse Automation Market worlwide?
???? The Global Warehouse Automation Market was valued at $19876.25 Million in 2022, and is projected to reach $54598.56 Million by 2030 growing at a CAGR of 10.92% from 2023 to 2030.
????Simply amazing!
|
Where do these data come from?
Statzon is the only solution on the market to access +200 trusted industry and technology data and insight providers in a single platform.
If you have landed in this page... you're lucky, because agvnetwork registered members have 30 days free free access to all datasets in Statzon.
|
What is the Warehouse Automation Market market size by technology?
✅ MRO Services segment is expected to be the highest contributor to this market, with $4093.4 in 2022, and is anticipated to reach $11062.77 Million by 2030, registering a CAGR of 10.72% from 2023 to 2030.
✅ Overhead Systems segment is anticipated to reach $2866.61 Million by 2030 with the highest CAGR of 14.22%.
✅ MRO Services and AGV/AMR segments collectively expected to account for about 36.5% share of the Global Warehouse Automation market in 2022, with the former constituting around 20.6% share.
✅ Overhead Systems and Palletizing & Depalletizing segments are expected to witness significant growth rates at a CAGR of 14.22% and 13.8% respectively, during the forecast period.
✅ Presently, share of these two segments is estimated to be around 10.0% in the overall Global Warehouse Automation market in 2022, and is anticipated to reach 12.88% by 2030.
???? Ready to uncover more about the dynamic world of warehouse automation?
Dive into STATZON's comprehensive datashets and reports to explore the market's segmentation based on various components, types, functions, industry verticals, and geography.
Discover the fascinating realm of AGV/AMR, AS/RS-storage & retrieval, conveyor systems, and much more.
For example... did you know that 122.7 Thousand AGVs where sold in 2021, and that this number is projected to reach 358.7 Thousand Units by 2030.
Discover more here: AGV Market Size
Whether you're intrigued by transportation and logistics, e-commerce, or consumer electronics, our report has it all. Don't miss out on this FREE opportunity to gain valuable insights.
Click below to unleash the full potential of the warehouse automation market! ????????
| Unblock the power of Data now |
|
Related articles
Top Warehouse Automation Vendors |
Written by Alfredo Pastor Tella (agvnetwork editor).
Follow me on LinkedIn... let's create a mobile robot community to discuss and learn about these outstanding systems.
