Warehouse Automation Global Market Report 2022-2026: Surging Adoption of Industrial IoT, Rising Ubanization and Growing e-Commerce Sales Drive Growth
The global warehouse automation market is likely to record a value of US$33.34 billion in 2026, growing at a CAGR of 13.60%, for the time period of 2022-2026.
- The global warehouse automation market is likely to record a value of US$33.34 billion in 2026, growing at a CAGR of 13.60%, for the time period of 2022-2026.
- Growth in the global warehouse automation market was supported by several factors like surging adoption of industrial IoT, rising urbanization and growing e-commerce sales.
- However, lacking availability of skilled labor force and mechanical challenges associated with warehouse automation would impose constraints on the market growth.
- The report provides a comprehensive analysis of the global warehouse automation market with potential impact of COVID-19.