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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.<br><br>ufeffKnow More About The Report: https://www.maximizemarketresearch.com/market-report/warehouse-automation-system-market/167432/
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WAREHOUSE AUTOMATION SYSTEM MARKET GLOBAL ANALYSIS REPORT 2024-2030 Published by: Kadambari Jedhe
Market Size & Overview: The Warehouse Automation System Market was valued at approximately USD 3.65 billion in 2023 and is projected to reach nearly USD 10.65 billion by 2030, growing at a compound annual growth rate (CAGR) of 16.5% during the forecast period. Warehouse automation involves the use of robotic storage, internal transport, and control systems to move goods within a facility without human intervention, coordinated through advanced software like Warehouse ManagementSystems (WMS).
Market Growth & Opportunities The market is driven by the increasing adoption of digital and automated solutions to enhance efficiency in logistics processes such as goods reception, product slotting, and order picking. The global warehouse footprint is expanding, with projections indicating nearly 180,000 warehouses worldwide by the end of 2025. This growth is largely attributed to the rising middle class and increased demand for retail products in emerging countries, presenting significantopportunities for automationsystem providers. Sample Request
Market Segmentation by Component by End-Use ❖Hardware ❖Retailers ❖Software ❖Manufacturingand Distributors by Application ❖Automotive ❖Food & Beverage ❖E-commerce ❖Pharmaceutical ❖Other
Regional Analysis: ◦ North America: This region has a disproportionately high number of warehouses relative to its population, reflecting a mature market with early adoption of automation technologies. ◦ Europe: Similar to North America, Europe boasts a significant warehouse footprint, with countries like Germany among the top five globally in warehouse building stock. ◦ Asia-Pacific (APAC): Emerging economies in APAC, particularly Japan and India, are experiencing rapid growth in warehouse construction. This surge is driven by an expanding middle class and heightened demand for retail goods, positioning APAC as a key region for market expansion.
Regional Analysis Regional Analysis 2025-2030 South America Middle East and Africa North America Asia Pacific Europe Customized Report Request
Merges and Acquisition The warehouse automation industry has witnessed notable mergers and acquisitions, including: ➢Amazon's Acquisition of Kiva Systems: Amazon acquired Kiva Systems, integrating its robotic solutionsto enhance warehouse efficiency. ➢KION Group's Acquisition of Dematic: KION Group acquired Dematic, expanding its automationsolutionsportfolio. ➢ Acquisition of Bastian Solutions: Toyota acquired Bastian Solutions, strengthening its position in material handlingand automation. Buy This Report
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