According to the research report titled ‘Global Warehouse Automation Market (2022 Edition) - Analysis By Type of Solution, End User, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global warehouse automation market was worth USD 14.86 billion in 2020 and is anticipated to surge at a notable CAGR over 2021-2026.

Factors such as improving disposable income in densely populated countries like Japan, India, & China, advancements in technology, and surging use of electronic devices are primarily driving global warehouse automation market growth.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4814125/

Furthermore, growing applications in FMCG sector, and higher concentration of ODMs and OEMs across various verticals will also drive market development in the upcoming years.

Based on type of solution, the industry is classified into conveyor/sortation systems, mobile robots, warehouse automation system (WMS), automated storage & retrieval system (AS/RS), and automatic identification & data capture (AIDC). Among these, mobile robot segment captured a substantial market share over the recent past and is estimated to perform exceptionally over the forecast period. This can be attributed to the growing presence of material handling companies.

Considering end-user spectrum, worldwide warehouse automation industry is segmented into general merchandise, FMCG, and others. Of these, FMCG sector is on track to register noteworthy growth over 2021-2026, driven by preference for security and comfortability among warehouse owners & operators.

On the regional front, Asia Pacific market is estimated to bolster significantly through 2026. This can be ascribed to factors such as surging urban population, increasing development & use of electronic technologies in several countries, and high disposable income of individuals. Moreover, ongoing efforts towards eradicating errors and lowering variability while storing or carrying goods at a storage place is also expected to impel regional market growth in the upcoming years.

Prominent players in global warehouse automation marketplace are ABB Ltd., Fanuc Corp., Vanderlande Industries B.V., ATS Global, TGW Logistics Group, Omron Corp., Siemens AG, Kuka AG, Honeywell International Inc., and Kion Group AG.