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Global Warehouse Automation Market CAGR Forecast at 11%

May 19, 2020

The "Warehouse Automation Market By Technology (AGV/AMR, ASRS, Conveyors, Sortation, Order Picking, AIDC, Palletizing, Overhead Systems and WMS/WES/WCS), By Industry (E-commerce, Grocery, Apparel, Food & Beverage, Pharma), By Geography - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The warehouse automation market will grow more than 2x from $13 Billion in 2018 to $27 billion by 2025, at a CAGR of 11.7% between 2019 and 2025. The growth of this market can be attributed to the growth in the e-commerce industry, emerging multichannel distribution channels, globalization of supply chain networks, increased adoption of micro-fulfilment centers, the emergence of autonomous mobile robots and rising need for same day delivery. The boom in e-commerce is compounding the major labor challenges faced by the $5trn global logistics industry. Not only are shipment volumes growing rapidly, but online retail also typically requires more logistical work per item than brick & mortar retail. Indeed, online purchases require individual picking packing and shipping, as opposed to the bulk transportation models of traditional brick & mortar retail.

Facts to Know

Global e-Commerce sales have grown at a CAGR of 20% over the last decade, reaching ~$3 trillion worldwide in 2018, and expected to grow to ~$7 trillion by 2025. The share of online retail sales has gone from ~2% of total to ~12%, and is further expected to reach ~23% by 2025.

Existing fully automated systems can reduce warehouse related labour costs by up to 65% and logistics-related spatial use by up to 60% at the same time as it increases the maximum output capacity. The adoption of technology is by no means uniform. While one-hour delivery is available when buying online in some parts of the U.S. and Europe, the average promised delivery time in Brazil is nine days. While e-Commerce penetration is 87% in the U.K., it is only 18% in Romania.

Amazon Robotics automates the company's fulfillment centers using more than 100,000 autonomous mobile robots, up more than 300% from 30,000 at the end of 2015.

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