Warehouse Automation Sector: Growth Drivers and Challenges
Growth Drivers
- Growing Advancements in Robotics and Automation Technology
- Increasing Number of Warehouses
- Rising Demand to Reduce Labor Expenses
Challenges
- Availability of Cheap Labor in Low-Income Countries
- Slow Adoption of Automation Technology
Warehouse Automation Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
15.7% |
|
Base Year Market Size (2024) |
USD 21 billion |
|
Forecast Year Market Size (2037) |
USD 139.81 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of warehouse automation is assessed at USD 23.8 billion.
Warehouse Automation Market size was over USD 21 billion in 2024 and is projected to reach USD 139.81 billion by 2037, growing at around 15.7% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is likely to dominate majority revenue share by 2037, owing to rapid industrial development, coupled with growing automotive industry and demand for enhanced material handling solutions in the region.
The major players in the market are KUKA Aktiengesellschaft, SPAN Trading LLC., Swisslog, Honeywell International Inc., AutoStore AS, and others.
