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.
Interact Analysis recently published its second edition of its annual study covering the warehouse automation market. The below infographic demonstrates some of the key findings from our report.
Whilst COVID-19 will lead to a short-term decline in revenues due to project completion dates being pushed back into 2021, we’ve seen a healthy increase in order intake driven primarily by groceries and general merchandise. Warehouse automation used in apparel and manufacturing markets have been hardest hit with revenues and order intake down 5% and 4%, respectively, in 2020. Overall, the prognosis for the global warehouse automation market is positive, although certain sectors will fare better than others.