The Europe Warehouse Automation Market would witness market growth of 17.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Other Applications Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $420.3 million by 2031. The UK market is exhibiting a CAGR of 17.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 19.6% during (2024 - 2031).
Automation technologies are employed to handle hazardous materials safely. Automated systems can manage the storage, retrieval, and transportation of dangerous goods, minimizing human exposure and reducing the risk of accidents.
Moreover, automated systems ensure compliance with safety regulations by monitoring environmental conditions and maintaining accurate records of hazardous material handling. Automation systems facilitate returns processing by automating the inspection, sorting, and restocking returned items.
The UK aerospace sector, with major players like BAE Systems and Rolls-Royce, requires advanced manufacturing capabilities. Automated warehouses support these requirements by handling sophisticated inventory management systems and precise materials handling. According to the International Trade Administration (ITA), in 2022, UK civil aerospace turnover totaled approximately $34.5 billion. The United Kingdom space industry generated an estimated $22 billion in revenue in 2021, of which $9.5 billion was allocated for exports. Furthermore, by 2030, the impact of drones could increase the UK’s GDP by $53 billion. The aerospace sector involves complex supply chains with numerous suppliers and components. Warehouse automation helps manage these intricate supply chains more effectively, ensuring timely delivery of parts and materials for aerospace manufacturing.
Free Valuable Insights: The Global Warehouse Automation Market will Hit USD 66.6 Billion by 2031, at a CAGR of 18%
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Component
By Level
By Application
By Country
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