Warehouse Automation Solution Market Scope
Warehouse automation involves robots that are designed and programmed to perform various material handling tasks. The robots can move from one aisle to another and perform a wide range of warehousing jobs. They may also be moved to different warehouse facilities. There are several different types of mobile and permanent robots that operate together to transport inventory across the warehouse. The development of these automation solutions for efficient inventory handling has been fueled by a number of sectors. As they race to deliver goods faster, e-commerce companies are increasing warehouse automation. The need for warehouse automation solutions is growing since they are typically employed for operations that can be done faster, better, or safely by a machine while simultaneously increasing human labor productivity. These days, warehouse automation isn't just for manufacturing; it's also in high demand for a variety of other applications. The ability to simplify and minimize time consumption in various operations, while boosting dependability and accuracy, employing a minimal labor force, and therefore ensuring cost reduction while augmenting productivity, are the major key drivers speeding up the worldwide warehouse automation solutions market.
The Warehouse Automation Solution market study is segmented by Type (Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Warehouse Automation Solution market throughout the predicted period.
ABB (Switzerland), BEUMER Group (Germany), Blue Yonder (United States), Daifuku (Japan), Dematic (United States), E&K Automation (Germany), Eyesee (Hardis Group) (France), Falcon Autotech (India), GreyOrange (United States), HighJump (Korber) (United States), Honeywell Intelligrated (United States) and SBS Toshiba Logistics (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Seegrid (United States), SSI Schaefer (Germany), Swisslog (Switzerland) and System Logistics (Italy).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Warehouse Automation Solution market by Type, Application and Region.
On the basis of geography, the market of Warehouse Automation Solution has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
March 2020 – Intralogistics innovator Dematic today announced that its parent company KION GROUP AG has completed the acquisition of Digital Applications International Limited (DAI)
Market Trend
- Implementation of AI in various Industry Vertical
Market Drivers
- Ability to Simplify and Reduce Time Consumption in Various Functions
- Boosting Reliability, Accuracy, Engaging Low Work Force, and Consequently Ensuring Cost Reduction While Augmenting Productivity
Opportunities
- Exponential Growth in the E-Commerce Industry
- Increasing Adoption of Industry 4.0
Restraints
- Lack of Uniform Governance Standards
- High Capital Investment
Challenges
- Lack of Skill and Expertise in Operating Advanced Automated Systems
- Security and Privacy Concerns
Key Target Audience
Warehouse Automation Solution Providers, Software Providers, Technology Inverstors, E-Commerce Industry and Others