The North America Warehouse Automation Market would witness market growth of 17.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Warehouse Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $16.57 billion by 2031. The Canada market is experiencing a CAGR of 19.4% during (2024 - 2031). Additionally, the Mexico market would exhibit a CAGR of 18.7% during (2024 - 2031).
Adopting warehouse automation technologies has been expedited as businesses have come to appreciate the advantages of enhanced efficiency, reduced operational costs, and enhanced accuracy. Companies increasingly view warehouse automation as a strategic investment rather than a short-term expense.
Additionally, this shift is driven by the potential for significant long-term returns on investment (ROI) through cost savings, increased efficiency, and improved accuracy. Organizations are adopting automation technologies to replace outdated systems and processes. Upgrading to advanced automation solutions helps companies stay competitive and meet the demands of modern supply chains.
The surge in online retail activities in Mexico drives the demand for efficient warehouse operations. Automated warehouses help manage the increasing volume of orders, improving order accuracy and speed in response to higher online shopping rates.
According to the International Trade Administration (ITA), the domestic e-commerce industry was valued at USD 26.2 billion in 2022, representing a 23 percent increase over 2021. Mexico’s e-commerce sector value will reach USD 70.4 billion by 2027.
Major e-commerce players, both local and international, are investing in large-scale fulfillment centers in Mexico. These centers leverage warehouse automation to handle high order volumes and streamline operations, reducing processing times and costs.
Based on Component, the market is segmented into Hardware (Autonomous Robots (AGV, AMR), Automated Sorting Systems, Automated Storage & Retrieval Systems (AS/RS), De-palletizing/Palletizing Systems, Conveyor Systems, and Automatic Identification & Data Collection (AIDC)), Software (Warehouse Management System (WMS), Warehouse Execution Systems (WES), and Labor Management Systems (LMS)), and Services (Installation & Integration, Consulting, Training & Education, Maintenance & Support, and Analytics & Reporting Tools). Based on Level, the market is segmented into Intermediate Automation, Basic Automation, Advanced Automation, and Autonomous Warehouses. Based on Application, the market is segmented into Retail & E-commerce, Automotive, Aerospace & Defense, Healthcare, Electronics & Semiconductors, and Other Applications. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The US market dominated the North America Warehouse Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $16.57 billion by 2031. The Canada market is experiencing a CAGR of 19.4% during (2024 - 2031). Additionally, the Mexico market would exhibit a CAGR of 18.7% during (2024 - 2031).
Adopting warehouse automation technologies has been expedited as businesses have come to appreciate the advantages of enhanced efficiency, reduced operational costs, and enhanced accuracy. Companies increasingly view warehouse automation as a strategic investment rather than a short-term expense.
Additionally, this shift is driven by the potential for significant long-term returns on investment (ROI) through cost savings, increased efficiency, and improved accuracy. Organizations are adopting automation technologies to replace outdated systems and processes. Upgrading to advanced automation solutions helps companies stay competitive and meet the demands of modern supply chains.
The surge in online retail activities in Mexico drives the demand for efficient warehouse operations. Automated warehouses help manage the increasing volume of orders, improving order accuracy and speed in response to higher online shopping rates.
According to the International Trade Administration (ITA), the domestic e-commerce industry was valued at USD 26.2 billion in 2022, representing a 23 percent increase over 2021. Mexico’s e-commerce sector value will reach USD 70.4 billion by 2027.
Major e-commerce players, both local and international, are investing in large-scale fulfillment centers in Mexico. These centers leverage warehouse automation to handle high order volumes and streamline operations, reducing processing times and costs.
Based on Component, the market is segmented into Hardware (Autonomous Robots (AGV, AMR), Automated Sorting Systems, Automated Storage & Retrieval Systems (AS/RS), De-palletizing/Palletizing Systems, Conveyor Systems, and Automatic Identification & Data Collection (AIDC)), Software (Warehouse Management System (WMS), Warehouse Execution Systems (WES), and Labor Management Systems (LMS)), and Services (Installation & Integration, Consulting, Training & Education, Maintenance & Support, and Analytics & Reporting Tools). Based on Level, the market is segmented into Intermediate Automation, Basic Automation, Advanced Automation, and Autonomous Warehouses. Based on Application, the market is segmented into Retail & E-commerce, Automotive, Aerospace & Defense, Healthcare, Electronics & Semiconductors, and Other Applications. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Honeywell International, Inc.
- Murata Machinery, Ltd.
- Knapp AG
- ABB Group
- FANUC Corporation
- Kuka AG (Midea Group Co., Ltd.)
- Jungheinrich AG
- KION GROUP AG
- Daifuku Co., Limited
- Omron Corporation
Market Report Segmentation
By Component
- Hardware
- Autonomous Robots (AGV, AMR)
- Automated Sorting Systems
- Automated Storage & Retrieval Systems (AS/RS)
- De-palletizing/Palletizing Systems
- Conveyor Systems
- Automatic Identification & Data Collection (AIDC)
- Software
- Warehouse Management System (WMS)
- Warehouse Execution Systems (WES)
- Labor Management Systems (LMS)
- Services
- Installation & Integration
- Consulting, Training & Education
- Maintenance & Support
- Analytics & Reporting Tools
By Level
- Intermediate Automation
- Basic Automation
- Advanced Automation
- Autonomous Warehouses
By Application
- Retail & E-commerce
- Automotive
- Aerospace & Defense
- Healthcare
- Electronics & Semiconductors
- Other Applications
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Warehouse Automation Market by Component
Chapter 6. North America Warehouse Automation Market by Level
Chapter 7. North America Warehouse Automation Market by Application
Chapter 8. North America Warehouse Automation Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Honeywell International, Inc.
- Murata Machinery, Ltd.
- Knapp AG
- ABB Group
- FANUC Corporation
- Kuka AG (Midea Group Co., Ltd.)
- Jungheinrich AG
- KION GROUP AG
- Daifuku Co., Limited
- Omron Corporation
Methodology
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