Warehousing Automation Market Insights Video

According to Cognitive Market Research, the global warehousing automation market size was USD 19542.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 19.20% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 7816.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 5862.66 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4494.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.2% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 977.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.6% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 390.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.9% from 2024 to 2031.
• The robots is the fastest growing segment of the warehousing automation industry