Asia Pacific Warehouse Automation Market Size

APAC Warehouse Automation Market Analysis

The Asia Pacific Warehouse Automation Market size is estimated at USD 12.62 billion in 2024, and is expected to reach USD 28.02 billion by 2029, growing at a CAGR of 17.30% during the forecast period (2024-2029).

The COVID-19 pandemic, which wreaked havoc on major economies such as China, Japan, and India, is predicted to impact future market growth. Significant investments are influencing the rise of roller conveyors in the Asia-Pacific in the e-commerce industry and demand from ever-increasing internet-enabled consumers.

Furthermore, with large investments in the industry, the manufacturing sector is predicted to account for a significant market share and become one of the country's major contributors. The requirement to deliver varied products in short durations has grown, necessitating efficient inventory management and reverse logistics systems.

• The expansion of the Asia-Pacific warehouse automation market is examined by looking at India, China, Australia, South Korea, Japan, and the rest of Asia. China, one of the world's major economies, is continually creating and deploying warehouse robots. China is expected to have a significant share in the market. As a result of the high automation rates, the presence of prominent vendors, and the widespread availability of warehouse robots, China's demand for warehouse robotics is significant.
• Due to the rise of the manufacturing, retail, and FMCG industries, there is an ever-increasing demand for industrial automation solutions across the APAC region. Shuttle retrieval systems, as well as automated storage and mobile robot platforms, are seeing a significant increase. Industrial and freight routes are sprouting up throughout the region, increasing the number of organized participants in the storage and industrial parks.
• Moreover, According to a 2022 study on warehouse vision conducted by Zebra Technologies, For the survey, more than 1,500 warehouse decision-makers and colleagues were polled from Australia, China, India, Japan, and Singapore. According to the survey, 27% of warehouse operators worldwide, including those in APAC, have already employed autonomous mobile robots (AMR). This ratio is expected to climb to 92% in APAC and 90% internationally in the next five years.
• While most warehouses will employ AMRs for P2G picking, material movements, and other automated inventory moves, more will invest in software that automates analytics and decision-making. In APAC, 95% of decision-makers expressed willingness to invest in such software to improve worker effectiveness and efficiency while lowering labor costs, slightly exceeding the global average (94%).
• Additionally, companies in the region are hurrying to adopt warehouse automation across the region in the wake of the COVID-19 outbreak. According to Mobile Industrial Robots in Shanghai, China, the company's autonomous robots that can transport pallets and large loads around warehouses and factories have seen growing demand across a wide range of industries. Airbus, Flex, Honeywell, and DHL are the major firms responsible for the rising demand.