According to 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 2021 and is anticipated to witness stellar growth during 2021-2026.

Rising customer demand for higher levels of comfort and security around the world, along with stringent government regulations, and growing adaption of automation in warehouse management system and FMCG sector are boosting the growth in global warehouse automation market.

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Based on type of solution, the industry is branched into automatic identification & data capture, warehouse management systems, mobile robots, automated storage & retrieval system, and conveyor/sortation systems. Among these, the mobile robot segment has grown at a significant rate in recent past and is expected to show same consistency during the forecast years, due to the critical function it plays as well as increasing concentration of material handling organizations.

In terms of end-user, the industry is divided into FMCG, general merchandise, and others. Among these, the FMCG segment of worldwide warehouse automation market is poised to expand significantly over the stipulated timeframe.

Regionally, the latest market trends are studied across North America, Europe, and Asia Pacific. As cited in the report, Asia Pacific industry is slated to expand at a notable CAGR during the analysis timeframe. The expansion is attributed to growing urban population, increasing adoption of electronic technologies in different countries, rising disposable income of individuals in the region, along with a huge demand to improve quality by reducing variability & removing errors for better comfortability while carrying & storing the goods in a storage place.

Speaking of the competitive arena, ABB Ltd., Vanderlande, Omron Corporation, FANUC Corporation, TGW Logistics Group, Honeywell International Inc., Siemens AG, KUKA AG, and Kion Group AG are the leading players in global warehouse automation market.