What is Micro Fulfillment Centers?
Micro fulfilment centers use small, highly automated storage facilities close to the end consumer to reduce the cost and time it takes to deliver goods. Micro Fulfillment Centers are made up of two major components, software management systems that process online orders and physical infrastructure. A micro-fulfillment center is a small, sometimes highly automated fulfilment center that serves both e-commerce and local store pick-ups. It could be in an existing store or warehouse, or in a dedicated small distribution or warehouse space of 10,000 square feet or less. An automated micro-fulfillment center can be a great solution for both general merchandise stores and non-retailers like manufacturers and suppliers. As the demand for e-grocery services grows, micro-fulfillment centers have become an attractive option for grocers looking to bring fulfilment closer to customers for curbside pickup or home delivery. It may be especially appealing to pure-play e-grocers that lack retail outlets that can serve as fulfilment hubs, storing two to five days' worth of groceries.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Alert Innovation (United States), Dematic (United States), Exotec (France), Fabric (United States), Addverb Technologies (India), Attabotics (Canada), AutoStore (Norway), Cleveron (Estonia), Geek plus (China) and Home Delivery Service (HDS) (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Auto Store, Shuttle Based and Other) , by application (Grocery, General Merchandise and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Micro Fulfillment Centers market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Micro Fulfillment Centers market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Alert Innovation (United States), Dematic (United States), Exotec (France), Fabric (United States), Addverb Technologies (India), Attabotics (Canada), AutoStore (Norway), Cleveron (Estonia), Geek plus (China) and Home Delivery Service (HDS) (United States).
Market Overview:
On 8th September 2021, Whiplash's position as a partner for emerging and established retailers and brands is strengthened by the acquisition of Enlinx. Gaining 400,000 square feet of order fulfilment space with value-added service capabilities strengthens our ability to deliver seamless fulfilment experiences in a competitive market. We anticipate that Salt Lake City will play an important role in our long-term growth strategy.
The competitive landscape analysis of the micro-fulfillment centers market will include an examination of market competition by company, including an overview, business description, product portfolio, key financials, and so on. Market probability scenarios, a PEST analysis, Porter's Five Forces analysis, supply-chain analysis, and market expansion strategies are also included.
Micro Fulfillment Centers Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing the Demand for Micro Fulfillment Centers
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Major Trends | - Emergence of Advance Fulfillment Centers
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Restraints | - Lack of Awareness
- High-Cost Expenses
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Road Blocks / Challenges | - Market Penetration across New Regions
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Gaps & Opportunities | - Growing Implementation among Storage Centers
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Key highlights of the Global Micro Fulfillment Centers market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Micro Fulfillment Centers market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Micro Fulfillment Centers market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Micro Fulfillment Centers Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Micro Fulfillment Centers market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Micro Fulfillment Centers market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Micro Fulfillment Centers Manufacturers, Micro Fulfillment Centers Suppliers & Distributors, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.