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 to witness a steady growth through 2026.

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

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The market will also experience considerable growth to the growing adoption of warehouse automation in both FMCG and warehouse management systems.

One of the most noticeable business effects of the COVID-19 outbreak was the shift in consumer behavior toward online shopping, which led to a surge in demand for e-commerce warehouse and delivery services. In order to meet the growing demand, warehouses were found to be battling with labor shortages, supply chain issues, and transportation issues, which in turn has augmented the demand for warehouse automation technologies across the globe.

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

The type of solution segment is further divided into automatic identification and data capture (AIDC), conveyor/sortation systems, mobile robots, warehouse automation system (WMS), and automated storage and retrieval systems (AS/RS). The mobile robot segment is predicted to witness considerable growth over the forecast timeline 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 expected to generate for modest gains by the end of the forecast period owing to increasing demand for better convenience and security among customers.

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

The key players formulating the competitive landscape of global warehouse automation market sphere are KUKA AG, Siemens AG, Omron Corporation, Kion Group, Vanderlande, ATS Automation Tooling Systems Inc., ABB Ltd., Honeywell International Inc., and TGW Logistics Group.