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Micro Fulfillment Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5952494
The global micro fulfillment market is expected to reach an estimated $15.2 billion by 2030 with a CAGR of 24.3% from 2024 to 2030.

The future of the global micro fulfillment market looks promising with opportunities in the e-commerce, traditional retailer & distributor, and manufacturer markets. The major drivers for this market are increasing e-commerce demand, rising demand for online grocery shopping, and growing focus on speed and efficiency.

Micro Fulfillment by Segment

This study includes a forecast for the global micro fulfillment by type, components, end use, and region.

Micro Fulfillment Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Standalone
  • Store-Integrated/In Stores
  • Dark Stores

Micro Fulfillment Market by Components [Shipment Analysis by Value from 2018 to 2030]:

  • Hardware
  • Software
  • Services

Micro Fulfillment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • E-Commerce
  • Traditional Retailers & Distributors
  • Manufacturers

Micro Fulfillment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Micro Fulfillment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies micro fulfillment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the micro fulfillment companies profiled in this report include:
  • Alert Innovation
  • Dematic
  • Honeywell
  • OPEX
  • Swisslog
  • AutoStore
  • Exotec SAS
  • Takeoff Technologies
  • TGW Logistic
  • Get Fabric

Micro Fulfillment Market Insights

Store-integrated/in store is expected to witness the highest growth over the forecast period due to this strategy helps businesses to make better use of their retail space and goods and potentially minimize the requirement for separate dedicated fulfillment centers.

Within this market, traditional retailer & distributor is expected to witness the highest growth as they have a well-established network of physical storefronts, warehouses, and distribution hubs.

North America will remain the largest region over the forecast period due to presence of well-established infrastructure, growing innovation and increasing customer's preference towards online purchasing.

Features of the Global Micro Fulfillment Market

  • Market Size Estimates: Micro fulfillment market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Micro fulfillment market size by type, components, end use, and region in terms of value ($B).
  • Regional Analysis: Micro fulfillment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, components, end uses, and regions for the micro fulfillment market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the micro fulfillment market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the micro fulfillment market size?
Answer: The global micro fulfillment market is expected to reach an estimated $15.2 billion by 2030.

Q2. What is the growth forecast for micro fulfillment market?
Answer: The global micro fulfillment market is expected to grow with a CAGR of 24.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the micro fulfillment market?
Answer: The major drivers for this market are increasing e-commerce demand, rising demand for online grocery shopping, and growing focus on speed and efficiency.

Q4. What are the major segments for micro fulfillment market?
Answer: The future of the micro fulfillment market looks promising with opportunities in the e-commerce, traditional retailer & distributor, and manufacturer markets.

Q5. Who are the key micro fulfillment market companies?
Answer: Some of the key micro fulfillment companies are as follows:
  • Alert Innovation
  • Dematic
  • Honeywell
  • OPEX
  • Swisslog
  • AutoStore
  • Exotec SAS
  • Takeoff Technologies
  • TGW Logistic
  • Get Fabric
Q6. Which micro fulfillment market segment will be the largest in future?
Answer: The publisher forecasts that store-integrated/in store is expected to witness the highest growth over the forecast period due to this strategy helps businesses to make better use of their retail space and goods and potentially minimize the requirement for separate dedicated fulfillment centers.

Q7. In micro fulfillment market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to presence of well-established infrastructure, growing innovation and increasing customer's preference towards online purchasing.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the micro fulfillment market by type (standalone, store-integrated/in stores, and dark stores), components (hardware, software, and services), end use (e-commerce, traditional retailers & distributors, and manufacturers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Micro Fulfillment Market: Market Dynamics
2.1 Introduction, Background, and Classifications
2.2 Supply Chain
2.3 Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Micro Fulfillment Market Trends (2018-2023) and Forecast (2024-2030)
3.3 Global Micro Fulfillment Market by Type
3.3.1 Standalone
3.3.2 Store-integrated/In Stores
3.3.3 Dark Stores
3.4 Global Micro Fulfillment Market by Components
3.4.1 Hardware
3.4.2 Software
3.4.3 Services
3.5 Global Micro Fulfillment Market by End Use
3.5.1 E-commerce
3.5.2 Traditional Retailers & Distributors
3.5.3 Manufacturers
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1 Global Micro Fulfillment Market by Region
4.2 North American Micro Fulfillment Market
4.2.1 North American Micro Fulfillment Market by Type: Standalone, Store-integrated/in Store, and Dark Stores
4.2.2 North American Micro Fulfillment Market by End Use: E-commerce, Traditional Retailers & Distributors, and Manufacturers
4.3 European Micro Fulfillment Market
4.3.1 European Micro Fulfillment Market by Type: Standalone, Store-integrated/in Store, and Dark Stores
4.3.2 European Micro Fulfillment Market by End Use: E-commerce, Traditional Retailers & Distributors, and Manufacturers
4.4 APAC Micro Fulfillment Market
4.4.1 APAC Micro Fulfillment Market by Type: Standalone, Store-integrated/in Store, and Dark Stores
4.4.2 APAC Micro Fulfillment Market by End Use: E-commerce, Traditional Retailers & Distributors, and Manufacturers
4.5 RoW Micro Fulfillment Market
4.5.1 RoW Micro Fulfillment Market by Type: Standalone, Store-integrated/in Store, and Dark Stores
4.5.2 RoW Micro Fulfillment Market by End Use: E-commerce, Traditional Retailers & Distributors, and Manufacturers
5. Competitor Analysis
5.1 Product Portfolio Analysis
5.2 Operational Integration
5.3 Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1 Growth Opportunity Analysis
6.1.1 Growth Opportunities for the Global Micro Fulfillment Market by Type
6.1.2 Growth Opportunities for the Global Micro Fulfillment Market by Components
6.1.3 Growth Opportunities for the Global Micro Fulfillment Market by End Use
6.1.4 Growth Opportunities for the Global Micro Fulfillment Market by Region
6.2 Emerging Trends in the Global Micro Fulfillment Market
6.3 Strategic Analysis
6.3.1 New Product Development
6.3.2 Capacity Expansion of the Global Micro Fulfillment Market
6.3.3 Mergers, Acquisitions, and Joint Ventures in the Global Micro Fulfillment Market
6.3.4 Certification and Licensing
7. Company Profiles of Leading Players
7.1 Alert Innovation
7.2 Dematic
7.3 Honeywell
7.4 OPEX
7.5 Swisslog
7.6 AutoStore
7.7 Exotec SAS
7.8 Takeoff Technologies
7.9 TGW Logistic
7.10 Get Fabric

Companies Mentioned

  • Alert Innovation
  • Dematic
  • Honeywell
  • OPEX
  • Swisslog
  • AutoStore
  • Exotec SAS
  • Takeoff Technologies
  • TGW Logistic
  • Get Fabric

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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