“The warehouse automation market is
going through a very exciting period of
growth, driven by a growing consumer
demand for shorter delivery times and
the rising complexity and convergence
of today's distribution channels.”
‘The Future of Warehouse Automation - 2019’ provides an in-depth assessment of the market at an unprecedented level of granularity forecasting the market by region, country, end-user industry, channel, function, storage-type and project size. Furthermore, the report provides detailed discussions and commentary on emerging technology trends such as robotics, modular and flexible solution design, drone technology, and digitisation. Lastly, an in-depth competitor analysis is provided with market shares at the regional and industry level, along with insight and analysis on the competitive landscape and how this is changing.
During our six-month research period, Interact Analysis interviewed and surveyed over 40 of the leading warehouse automation system integrators, suppliers and end-users, to build an accurate and holistic understanding of the market and its growth potential.
The warehouse automation market is forecast to grow at a
CAGR of 12.6% to reach $46 billion in 2023. APAC accounts
for the lion share of the market and is forecast to grow at
a CAGR of 13.7%, above the industry average. Interact
Analysis forecasts a short-term decline in revenue growth
between 2020 and 2021 as companies look to post-pone
financial decisions amid the political and economic uncertainties.
As the installed base of automated warehouses increases,
the high-margin revenues from servicing and maintenance
contracts are forecast to grow at a CAGR of 17.2%.
Piece-picking warehouse robots are forecast to grow at a
CAGR of 98.7%, made possible by significant improvements
in machine vision, gripping technology and mobile navigation
technology. Industries with predictable item dimensions,
such as apparel and healthcare distribution, will be
some of the first to adopt the technology at scale.
Manufacturing and production, which includes food & beverage,
durable and non-durable manufacturing, accounted
for 30% of the warehouse automation market in 2018 and
its share of the market is forecast to decrease to 28% in
2023 as the demand for automation equipment within distribution
verticals outpaces the manufacturing and production
The demand for online grocery shopping in the US is driving
the shift towards automated micro-fulfilment technology.
We forecast the global micro-fulfilment market will surpass
$1.1 billion by 2023.
Manufacturers and producers have been late to the game
in designing effecting e-commerce strategies. As they look
to capitalise on the ‘direct-to-customer' distribution channel,
we expect to see more manufacturers and producers
shipping individual items and investing in omni-channel distribution
With the likes of Amazon, Alibaba and JD.com investing in
automated warehouse equipment, the general merchandise
segment is largest industry vertical and is forecast to
grow at a CAGR of 13.4%.
The introduction of the goods-and-service tax and growing
demand for online retail is enabling Indian companies to
consolidate their warehousing operations and driving the
Indian warehouse automation market which is forecast to
grow at a CAGR of 14.9%.
There's a growing demand for modular and flexible storage
and buffer solutions. Interact Analysis forecasts growth of
61.5% and 28.5%, respectively, for AMR-based goods-toperson
and ultra-high-density storage systems.
Table of Contents
Warehouse Automation Market by Region
Warehouse Automation Market by End-User Industry
- General Merchandise
- Food & Beverage
- Durable Manufacturing
- Non-Durable Manufacturing
Warehouse Automation Market by Function
- Mini-load AS/RS
- Unit-load AS/RS
- Shuttle-based AS/RS
- Ultra-High-Density Storage (AutoStore)
- AMR-based goods-to-person (Kiva-like systems)
- Robotic Picking
- Fixed Robot
- Collaborative Robot
- Mobile Robot
Warehouse Automation Market by Channel
- Micro-fulfilment (Grocery-specific)
Warehouse Automation Market by Project Size
- $5m- $20m
- $21m - $40m
Warehouse Automation Market by Country
- Rest of Europe
- Rest of Americas
- Rest of APAC
Market Share Analysis at the Regional and Industry Level