The Europe Warehouse Execution System Market would witness market growth of 11.7% CAGR during the forecast period (2021-2027).
The warehouse execution system can be utilized in a wide range of warehouse activities, which are usually handled by a range of dedicated software systems. In addition, WES could be implemented to include warehouse management functionality, business intelligence material handling equipment (MHE) control, warehouse control system functionality and integration with host ERP systems.
These functionalities make this system unique in terms of benefits. Due to this, the WES can utilize its visibility of low-level warehouse data to rapidly modify functionality requirements for current conditions, which is particularly for the facilities with automated systems. These WESs use their WCS roots to get access to connections to modern picking & sortation systems, hence providing an agile approach to improving operations in near real-time.
The mature automotive sector of this region is one of the major aspects bolstering the demand for WES in the region. Various key automotive giants like Volkswagen, Audi, and many more have their own warehouses, where they carry out various operations like checking and arranging automotive parts or vehicles, picking & receiving, shipping, etc.
These are some of the movements that take place in the warehouse, which play a very important role in the company’s operation. However, these tasks can be automated by deploying a warehouse execution system that manages all the movement of goods in a warehouse. This would further augment the growth of the warehouse execution system market in this region during the forecast period.
The Germany market dominated the Europe On-premise Warehouse Execution System Market by Country 2020, thereby, achieving a market value of $67.4 million by 2027. The UK market is showcasing a CAGR of 6.6% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 8% during (2021 - 2027).
Based on Component, the market is segmented into Software and Services. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on End User, the market is segmented into Third-Party Logistics (3PL), Automotive, Food & Beverages, Consumer Electronics, Healthcare and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Warehouse Execution System Market Size will Hit $2.5 Billion by 2027, at a CAGR of 12.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Toyota Industries Corporation (Bastian Solutions LLC), VARGO Integrated Systems, Inc., Softeon, SSI Schaefer Group,Fortna, Inc. - Thomas H. Lee Partners, Invata Intralogistics, Matthews International Corporation, Westfalia Technologies, Inc., Honeywell International, Inc., and Manhattan Associates, Inc.
By Component
By Deployment Type
By End User
By Country
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