According to the recent 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 accounted for USD 14.86 billion in 2021 and is poised for steady growth through 2026.

The major factors driving the global warehouse automation market growth are increase in population, growing disposable income, growing usage of electrical devices, and high concentration of OEMs and ODMs across the world that need automated solutions for warehouse management.

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The global warehouse automation marketplace is segregated on the basis of type of solution, end-user reach, and regional analysis.

The type of solution segment is further divided into conveyor/sortation systems, automatic identification and data capture (AIDC), warehouse automation system (WMS), mobile robots, and automated storage and retrieval systems (AS/RS). The mobile robot segment is expected to witness growth at a noteworthy rate over the forecast period due to a higher concentration of material handling companies.

The end-user spectrum is classified on the basis of FMCG, general merchandise, other segments. The FMCG segment is predicted to hold the largest market share by the end of the forecast period due to increasing demand for new easy controllable and security in customers.

The regional scope of global warehouse automation industry is spread across North America, the Middle East & Africa, Europe, Asia Pacific, and Latin America. The Asia Pacific market is predicted to witness exponential growth through 2026 due to increasing number of OEMs and ODMs that require automated solutions for warehouse management.

The leading companies defining the competitive landscape of global warehouse automation business sphere is defined by companies such as KUKA AG, Kion Group, Siemens, Omron Corporation, Vanderlande, Honeywell International Inc., ATS Automation Tooling Systems Inc., ABB Ltd., and TGW Logistics Group.