Report Author

  • Latest Insights
Senior Analyst - UK
-
follow me

With a background in computational biology, Rueben Scriven joined Interact Analysis two years ago and leads the warehouse automation and on-highway commercial vehicle research areas. Rueben has spoken at some of the leading industry events and moderated several panel discussions on the topic of commercial vehicle electrification. He’s also appeared on CNBC to provide insight on the global electric bus market.

 

"The impact of COVID-19 on the warehouse automation market will be profound. The accelerated adoption of e-commerce and the introduction of social distancing measures within warehouses has led to surge of investments in warehouse automation from the retail sectors. Furthermore, the near-shoring of manufacturing and re-networking of global supply chains will have a significant effect on the uptake of warehouse automation used within manufacturing sectors."

 

The COVID-19 pandemic has led to a short-term decline in warehouse automation revenues as project commissioning has been pushed out to 2021 due to local and regional lockdown restriction. Long-term, however, we’re forecasting a significant increase in warehouse automation revenues as retailers and manufacturers look to expedite automation plans in order to avoid future supply chain disruptions.

This is the 2nd edition of the well-respected Interact Analysis market report providing insight and analysis into the warehouse automation industry. The report includes well modelled forecasts and clear assumptions for all market segments which highlights key issues and market trends. An analysis of the supplier landscape is also provided to give a full understanding of the competitors, suppliers, and potential partners.

Full Description

Warehouse Automation is experiencing an increase in e-commerce and omni channel retail with a decrease in the labour market and an increase in consumer demands. This all equates to a greater demand for faster but cheaper delivery which puts extra pressure on the supply chain.

There is explosive growth in some sectors as evidenced by the increase in capacity and increase in hiring which implies market growth will be limited by supply rather than demand

This Warehouse Automation Report consists of 138 slides which leads you through the impact of COVID-19 on the Warehouse Automation market and a detailed analysis by vertical market sector. Interact Analysis explains the reasons behind the short-term dip and the long-term net gains from this pandemic.

Objectives

  • To provide a full analysis of the market and which sectors will experience growth in 2021 and why.
  • To discuss the short-term market dip due to COVID-19 and the Long-term net revenue gains due to the regeneration of projects and the change in consumer behaviours.
  • To include well modelled forecasts and clear assumptions for all market segments.

Highlights:

  • It is estimated that Warehouse Automation will be worth just under $54m in 2024 with a growing CAGR of 13.7% 2019-2024.
  • Highest rate of growth in Grocery and General Merchandise with CAGR’s of 20.5% and 15.7% respectively.
  • Lowest rate of growth is predicted in Apparel and Durable with CAGR’s of 6.9% and 9.8%.
  • 2020 saw a mass adoption of piece picking robots especially in the Apparel retailers in the U.S.
  • There is a boom in micro -fulfilment centres and a demand for automated equipment with an increase of as much as 28.6% due to online shopping.

Latest Research

Posted by Rueben Scriven

Graduating from Durham University with a first-class degree in Biochemistry, Rueben is leveraging his background in science and computer modelling by joining our growing analyst team.