Retail Automation Market Size, Competitive Analysis, Share, Forecast- 2020-2026

Posted by preeti pandey on November 11th, 2020

The global retail automation market is expected to expand at a compounded annual growth rate (CAGR) of 12.5% during the forecast period. Customers’ evolving preferences and demands have led to complexities and variability in the supply chain. Moreover, concepts like ‘last-mile delivery’ and ‘delivery on-demand’ have become essential factors for the success of the e-commerce industry. To make allowances for these changes and to enhance productivity, companies are turning to retail automation solutions. The need for adaptable and flexible logistics has given rise to the concept of elastic logistics. Industries such as e-commerce, manufacturing, and aerospace are looking to automate their warehouses with identification and positioning systems to improve inventory tracking. The introduction of autonomous trucks has enhanced the logistics automation process by further reducing manual interventions. Also, monitoring and inventory tracking is much easier using these vehicles

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Further, urbanization is at an all-time high with more and more people coming to live in the cities which allows the retailers to expand their horizons in the developing countries. Demand for luxury and ready-to-eat food items will result in higher spending on food and groceries, which, in turn, making the retailers go for automation solutions.

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Market Segmentation

      Global Retail Automation Market by Component

            Hardware

• Radio-Frequency Identification (RFID) and Barcode Scanner
• POS (Point of Sale) System
• Vending Machine
• Self-Checkout Systems
• Other Hardware Types

            Software

• Workforce Management Software
• Supply Chain and Inventory Management Software
• Retails Apps and Online Store Applications
• Global Retail Automation Market by End-User
• Supermarkets/Hypermarkets
• Convenience Stores
• Fuel Stations
• Other

Regional Analysis

            North America

• US
• Canada

            Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

            Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

            Rest of the World

Company Profiles

• Daifuku Co., Ltd.
• Datalogic S.p.A.
• Diebold Nixdorf, Inc.
• ECR Software Corp.
• Emarsys eMarketing Systems AG
• Fiserv, Inc.
• Fujitsu, Ltd.
• Honeywell International, Inc.
• Jungheinrich AG
• Kion Group AG
• KNAPP AG
• KUKA AG
• Microsoft Corp.
• Murata Machinery, Ltd.
• NCR Corp.
• Posiflex Technology, Inc.
• System Logistics S.p.A.
• Toshiba Global Commerce Solutions
• Toyota Industrial Equipment
• Xerox Corp.
• Zebra Technologies Corp.

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