North America Warehouse Automation Market by Product Type, End-Use, and Country-wise Insights: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently published an extensive report on the North America Warehouse Automation Market. This report offers a comprehensive analysis of the key market dynamics, including drivers, trends, opportunities, and challenges, providing deep insights into the market structure.

Key Insights:

Warehouse Automation Market Size (2024E): US$7.5 Bn
Projected Market Value (2031F): US$23.2 Bn
Regional Market Growth Rate (CAGR 2024 to 2031): 17.4%

Warehouse Automation Market - Report Scope:

The Warehouse Automation Market in North America encompasses a wide range of automated systems and solutions designed to enhance operational efficiency in warehousing and distribution centers. This includes technologies such as Automated Guided Vehicles (AGVs), robotics, conveyor systems, and warehouse management software (WMS). The market caters to various industries, including e-commerce, retail, pharmaceuticals, and manufacturing. With the rising demand for quick and accurate order fulfillment, the adoption of warehouse automation solutions is gaining momentum, driven by the need to improve productivity and reduce operational costs.

Market Growth Drivers:

Several key factors are driving the growth of the North America Warehouse Automation Market. The rapid expansion of e-commerce has significantly increased the volume of goods requiring storage and distribution, necessitating the implementation of automation solutions to handle higher throughput. Additionally, the increasing need for operational efficiency and accuracy in order processing has led businesses to invest in automated systems to minimize human error and optimize labor costs. The rise in labor costs and challenges related to workforce availability further underscore the necessity for automation. Moreover, advancements in technology, such as AI and machine learning, are enhancing the capabilities of warehouse automation systems, making them more efficient and easier to integrate into existing infrastructures.

Market Restraints:

Despite promising growth prospects, the Warehouse Automation Market faces several challenges. High initial investment costs for automation technologies may deter small and medium-sized enterprises (SMEs) from adopting these solutions. Furthermore, the complexity of integrating new automation systems with legacy systems can pose technical challenges for businesses, potentially leading to delays in implementation. There is also a skill gap in the workforce, as employees may require training to operate and maintain sophisticated automated systems, which can further complicate the transition to automation. Additionally, the pace of technological change may lead to concerns about obsolescence, as businesses hesitate to invest heavily in systems that may become outdated quickly.

Market Opportunities:

The North America Warehouse Automation Market presents significant opportunities driven by the increasing focus on efficiency and sustainability. As companies seek to reduce their carbon footprint, many are investing in automated solutions that optimize energy usage and minimize waste. The growing trend of smart warehousing, which leverages IoT and big data analytics, offers businesses the potential to enhance inventory management and predictive maintenance, further driving demand for automation technologies. Additionally, the expansion of e-commerce is leading to increased investment in automated fulfillment centers, particularly as companies look to enhance their last-mile delivery capabilities. The potential for collaborative robots (cobots) to work alongside human workers also presents opportunities for businesses to enhance productivity without completely replacing their workforce.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the Warehouse Automation Market in North America?
Which types of automation technologies are gaining traction in various industries?
How are technological advancements influencing the competitive landscape of the Warehouse Automation Market?
Who are the key players in the Warehouse Automation Market, and what strategies are they employing to maintain a competitive edge?
What are the emerging trends and future prospects in the North America Warehouse Automation Market?

Competitive Intelligence and Business Strategy:

Leading players in the North America Warehouse Automation Market, including Honeywell Intelligrated, Daifuku Co., Ltd., and Kiva Systems (Amazon Robotics), focus on product innovation, strategic partnerships, and geographic expansion to gain a competitive edge. These companies invest heavily in R&D to develop cutting-edge automation solutions that cater to the evolving needs of their customers. Collaborations with logistics service providers and retailers facilitate market access and promote the adoption of new technologies. Emphasis on customer service, high-quality products, and comprehensive marketing strategies further enhances market growth and brand loyalty.

Key Companies Profiled:

Dematic Group
Daifuku Co.
Honeywell
Omron Adept Technologies
InVia Robotics Inc.
SAP
Oracle NetSuite
IBM
Microsoft Dynamics
Swisslog
GreyOrange

Warehouse Automation Market Industry Segmentation

By Automation Technology

Goods-to-Person (GTP)
Automated Storage and Retrieval Systems (AS/RS)
Automatic Guided Vehicles (AGVs)
Autonomous Mobile Robots (AMRs)
Pick-to-Light and Put-to-Light Systems
Voice Picking and Tasking
Automated Sortation Systems

By End-Use Industry

Food and Beverage
Post and Parcel
Groceries
General Merchandise
Apparel
Manufacturing
Others

By Country

The United States
Canada

Product Code: PMRREP34498

1. Executive Summary

1.1. North America Warehouse Automation Market Snapshot, 2024-2033
1.2. Market Opportunity Assessment, 2024-2033, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Macro-Economic Factors
- 2.3.1. Sectorial Outlook
- 2.3.2. GDP Growth Outlook
- 2.3.3. ICT Spending Outlook
2.4. COVID-19 Impact Analysis
2.5. Forecast Factors - Relevance and Impact

3. Value Added Insights

3.1. Automation Technology Adoption Analysis
3.2. Technology Assessment
3.3. Regulatory Landscape
3.4. Value Chain Analysis
- 3.4.1. List of Distribution Channel/Marketplaces
  - 3.4.1.1. Retail
  - 3.4.1.2. E-Commerce
- 3.4.2. List of End User (Industry)
3.5. Key Deals and Mergers
3.6. PESTLE Analysis
3.7. Porter's Five Force Analysis

4. Price Trend Analysis, 2019-2031

4.1. Key Highlights
4.2. Key Factors Impacting Prices
4.3. Pricing Analysis, By Automation Technology

5. North America Warehouse Automation Market Outlook: Historical (2019-2023) and Forecast (2024-2033)

5.1. Key Highlights
- 5.1.1. Market Size (US$ Bn) and Y-o-Y Growth
- 5.1.2. Absolute $ Opportunity
5.2. Market Size (US$ Bn) Analysis and Forecast
- 5.2.1. Historical Market Size (US$ Bn) Analysis, 2019-2023
- 5.2.2. Current Market Size (US$ Bn) Analysis and Forecast, 2024-2033
5.3. North America Warehouse Automation Market Outlook: Automation Technology
- 5.3.1. Introduction / Key Findings
- 5.3.2. Historical Market Size (US$ Bn) Analysis, By Automation Technology, 2019-2023
- 5.3.3. Current Market Size (US$ Bn) Analysis and Forecast, By Automation Technology, 2024-2033
  - 5.3.3.1. Goods-to-Person (GTP)
  - 5.3.3.2. Automated Storage and Retrieval Systems (AS/RS)
  - 5.3.3.3. Automatic Guided Vehicles (AGVs)
  - 5.3.3.4. Autonomous Mobile Robots (AMRs)
  - 5.3.3.5. Pick-to-Light and Put-to-Light Systems
  - 5.3.3.6. Voice Picking and Tasking
  - 5.3.3.7. Automated Sortation Systems
5.4. Market Attractiveness Analysis: Automation Technology
5.5. North America Warehouse Automation Market Outlook: End-use Industry
- 5.5.1. Introduction / Key Findings
- 5.5.2. Historical Market Size (US$ Bn) Analysis, By End-use Industry, 2019-2023
- 5.5.3. Current Market Size (US$ Bn) Analysis and Forecast, By End-use Industry, 2024-2033
  - 5.5.3.1. Food and Beverage
  - 5.5.3.2. Post and Parcel
  - 5.5.3.3. Groceries
  - 5.5.3.4. General Merchandise
  - 5.5.3.5. Apparel
  - 5.5.3.6. Manufacturing
  - 5.5.3.7. Other End-User Industries
5.6. Market Attractiveness Analysis: End-use Industry
5.7. North America Warehouse Automation Market Outlook: Country
- 5.7.1. Introduction / Key Findings
- 5.7.2. Historical Market Size (US$ Bn) Analysis, By Country, 2019-2023
- 5.7.3. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2033
  - 5.7.3.1. The United States
  - 5.7.3.2. Canada
5.8. Market Attractiveness Analysis: Country

6. U.S. Warehouse Automation Market Outlook: Historical (2019-2023) and Forecast (2024-2033)

6.1. U.S. Warehouse Automation Market Outlook: Automation Technology
- 6.1.1. Introduction / Key Findings
- 6.1.2. Historical Market Size (US$ Bn) Analysis, By Automation Technology, 2019-2023
- 6.1.3. Current Market Size (US$ Bn) Analysis and Forecast, By Automation Technology, 2024-2033
  - 6.1.3.1. Goods-to-Person (GTP)
  - 6.1.3.2. Automated Storage and Retrieval Systems (AS/RS)
  - 6.1.3.3. Automatic Guided Vehicles (AGVs)
  - 6.1.3.4. Autonomous Mobile Robots (AMRs)
  - 6.1.3.5. Pick-to-Light and Put-to-Light Systems
  - 6.1.3.6. Voice Picking and Tasking
  - 6.1.3.7. Automated Sortation Systems
6.2. Market Attractiveness Analysis: Automation Technology
6.3. U.S. Warehouse Automation Market Outlook: End-use Industry
- 6.3.1. Introduction / Key Findings
- 6.3.2. Historical Market Size (US$ Bn) Analysis, By End-use Industry, 2019-2023
- 6.3.3. Current Market Size (US$ Bn) Analysis and Forecast, By End-use Industry, 2024-2033
  - 6.3.3.1. Food and Beverage
  - 6.3.3.2. Post and Parcel
  - 6.3.3.3. Groceries
  - 6.3.3.4. General Merchandise
  - 6.3.3.5. Apparel
  - 6.3.3.6. Manufacturing
  - 6.3.3.7. Other End-User Industries
6.4. Market Attractiveness Analysis: End-use Industry

7. Canada Warehouse Automation Market Outlook: Historical (2019-2023) and Forecast (2024-2033)

7.1. Canada Warehouse Automation Market Outlook: Automation Technology
- 7.1.1. Introduction / Key Findings
- 7.1.2. Historical Market Size (US$ Bn) Analysis, By Automation Technology, 2019-2023
- 7.1.3. Current Market Size (US$ Bn) Analysis and Forecast, By Automation Technology, 2024-2033
  - 7.1.3.1. Goods-to-Person (GTP)
  - 7.1.3.2. Automated Storage and Retrieval Systems (AS/RS)
  - 7.1.3.3. Automatic Guided Vehicles (AGVs)
  - 7.1.3.4. Autonomous Mobile Robots (AMRs)
  - 7.1.3.5. Pick-to-Light and Put-to-Light Systems
  - 7.1.3.6. Voice Picking and Tasking
  - 7.1.3.7. Automated Sortation Systems
7.2. Market Attractiveness Analysis: Automation Technology
7.3. Canada Warehouse Automation Market Outlook: End-use Industry
- 7.3.1. Introduction / Key Findings
- 7.3.2. Historical Market Size (US$ Bn) Analysis, By End-use Industry, 2019-2023
- 7.3.3. Current Market Size (US$ Bn) Analysis and Forecast, By End-use Industry, 2024-2033
  - 7.3.3.1. Food and Beverage
  - 7.3.3.2. Post and Parcel
  - 7.3.3.3. Groceries
  - 7.3.3.4. General Merchandise
  - 7.3.3.5. Apparel
  - 7.3.3.6. Manufacturing
  - 7.3.3.7. Other End-User Industries
7.4. Market Attractiveness Analysis: End-use Industry

8. Competition Landscape

8.1. Market Share Analysis, 2024
8.2. Market Structure
- 8.2.1. Competition Intensity Mapping By Market
- 8.2.2. Competition Dashboard
8.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 8.3.1. Dematic Group
  - 8.3.1.1. Overview
  - 8.3.1.2. Segments
  - 8.3.1.3. Key Financials
  - 8.3.1.4. Market Developments
  - 8.3.1.5. Market Strategy
- 8.3.2. Daifuku Co.
  - 8.3.2.1. Overview
  - 8.3.2.2. Segments
  - 8.3.2.3. Key Financials
  - 8.3.2.4. Market Developments
  - 8.3.2.5. Market Strategy
- 8.3.3. Honeywell
  - 8.3.3.1. Overview
  - 8.3.3.2. Segments
  - 8.3.3.3. Key Financials
  - 8.3.3.4. Market Developments
  - 8.3.3.5. Market Strategy
- 8.3.4. Omron Adept Technologies
  - 8.3.4.1. Overview
  - 8.3.4.2. Segments
  - 8.3.4.3. Key Financials
  - 8.3.4.4. Market Developments
  - 8.3.4.5. Market Strategy
- 8.3.5. InVia Robotics Inc.
  - 8.3.5.1. Overview
  - 8.3.5.2. Segments
  - 8.3.5.3. Key Financials
  - 8.3.5.4. Market Developments
  - 8.3.5.5. Market Strategy
- 8.3.6. SAP
  - 8.3.6.1. Overview
  - 8.3.6.2. Segments
  - 8.3.6.3. Key Financials
  - 8.3.6.4. Market Developments
  - 8.3.6.5. Market Strategy
- 8.3.7. Oracle NetSuite
  - 8.3.7.1. Overview
  - 8.3.7.2. Segments
  - 8.3.7.3. Key Financials
  - 8.3.7.4. Market Developments
  - 8.3.7.5. Market Strategy
- 8.3.8. IBM
  - 8.3.8.1. Overview
  - 8.3.8.2. Segments
  - 8.3.8.3. Key Financials
  - 8.3.8.4. Market Developments
  - 8.3.8.5. Market Strategy
- 8.3.9. Microsoft Dynamics
  - 8.3.9.1. Overview
  - 8.3.9.2. Segments
  - 8.3.9.3. Key Financials
  - 8.3.9.4. Market Developments
  - 8.3.9.5. Market Strategy
- 8.3.10. Swisslog
  - 8.3.10.1. Overview
  - 8.3.10.2. Segments
  - 8.3.10.3. Key Financials
  - 8.3.10.4. Market Developments
  - 8.3.10.5. Market Strategy
- 8.3.11. GreyOrange
  - 8.3.11.1. Overview
  - 8.3.11.2. Segments
  - 8.3.11.3. Key Financials
  - 8.3.11.4. Market Developments
  - 8.3.11.5. Market Strategy

9. Appendix

9.1. Research Methodology
9.2. Research Assumptions
9.3. Acronyms and Abbreviations