Currently, more than 80% of warehouses lack any form of automation, whereas in contrast, only 5% of warehouses have utilized sophisticated automation technology and solutions over the last decade (businesswire, 2021)

Warehouse automation is a trend that has started to catch on recently. There are still more than 80% of warehouses globally that do not use any type of automation for their operations. In the last one decade, only 5% of warehouses have started using sophisticated automation technology for their warehousing needs. This shows that this sector has just begun growing and expanding, and more warehouses are slowly understanding the importance of automation. 

According to estimates, 42% of warehouses and distribution facilities planned to invest in technology and automation in 2018 (amygb, 2022)

Back in 2018, a large number of warehouses (almost 42%) were planning on investing in warehouse automation technology. This is a great statistic that shows how more warehouses are open to accepting the need for automation in recent times, understanding that automation and technology can help them make their operations even more efficient.  

According to the data from Peerless Research Group’s (PRG) 2018 annual survey, 40% of respondents planned to invest in conveyors and sortation equipment, 25% in robotics, and 14% in AGVs, and an additional 49% planned to invest in software that runs the equipment such as WES,  WMS, or WCS (amygb, 2022)

Warehouses all over the world understand that using different technologies that help them automate some of their operations is beneficial for their business. Back in 2018, a survey showed that 40% of all respondents were planning to invest in various automation technologies, such as sortation equipment, conveyors, robotics, AGVs, and more. 49% of warehouses also planned on investing in some sort of software that can help them manage and control their equipment. 

By 2023, warehouse automation technologies such as robotics, logistics, etc. are expected to exceed $22.4 billion globally (amygb, 2022)

The warehouse automation technologies like robotics, logistics, and more, are becoming more common for warehouses everywhere. The market for these technologies has slowly started growing, with the value expected to cross 22 billion USD globally in the year 2023. 

In the years to come, warehouse and operations managers anticipate increased spending on material handling equipment and automation, as there was a 52% expectation of greater investment, while 43% anticipated the same expenditures each year (logisticsmgmt, 2021)

According to a survey conducted, more than 50% of warehouse operations managers anticipated an increase in the amount spent on automation equipment and a larger investment on this front. This warehouse automation statistic goes to show how warehouses are now coming to terms with how important automation is for their operations. There is no doubt that automating processes helps with the efficiency and accuracy of the operations, which is why it has become a significant part of every warehouse. With the help of automation, warehouses can make sure all the orders can be fulfilled in the best way possible, which is huge for every business. Achieving accurate and fast order fulfillment can help with retaining customers, building your brand image, creating an excellent shopping experience, and so much more. 

On average, warehouses or distribution centers plan to invest $350,000 in automation, and investments of all sizes can affect this average (logisticsmgmt, 2021)

The average amount warehouses invest in automation is around 350,000 USD. This average amount is also affected by investments of all sizes that warehouses make. As we can see from this statistic, warehouses are investing a lot in automation of their operations, showing us how important warehouse automation has become over the years. 

The warehouse automation industry is predicted to increase by more than 38% by 2021 (businesswire, 2021)

Over the years, the warehouse automation industry has grown significantly. As time passes, more warehouses realize how important automation is and how it helps make all their processes more efficient. According to research, the warehouse automation sector grew by 38% in just one year.

The warehouse automation industry was valued at $15 billion in 2019, representing a 10.9 percent increase over the previous year (businesswire, 2021)

Back in 2019, the warehouse automation industry had a value of around 15 billion USD. This number was a 10.9% increase from the previous year. The warehouse automation industry has grown steadily over the last few years as more warehouses and distribution centers realize that automation is key for their success and they need it to make sure they can keep human errors at a minimum. The global warehouse automation market is expected to drop by 6% by 2020, however, growth of over 38.4 percent is expected this year (2022) to reach $19.5 billion

Although there was a decrease in the warehouse automation market value in 2020, it has not dropped ever since. In 2022, the warehouse automation industry was valued at 19.5 billion USD, which is an increase of over 38% compared to previous years. This is another statistic that shows how warehouse automation is becoming more common with each passing year. 

According to predictions, the global warehouse automation market will expand 1.5x in the mid-term (by 2025) and will surpass $37.6 billion by 2030 (businesswire, 2022)

Industry experts have predicted that the global warehouse automation market will be growing significantly over the next few years. The industry is all set to cross the 37 billion USD benchmark by 2030, showing us how rapidly this sector is growing and how the market value is increasing with each passing year. 

Between 2021 and 2030, the predicted compound annual growth rate for the warehouse automation industry is expected to be about 10% (businesswire, 2022)

According to industry predictions, the warehouse automation market will have a compound annual growth rate of around 10% till 2030, as the industry shows signs of steady growth in the coming years. With warehouses all over the world having more access to technology, automation is going to become more common with each passing year. 

It is predicted that at least 620,000 shipments of various warehouse automation technologies will be made worldwide by the end of 2022, and in comparison, approximately 40,000 units were shipped in 2017 (omdia, 2022)

Warehouse automation can help warehouses become more efficient and reduce the risk of errors. This is especially beneficial during order fulfillment, making sure all orders are shipped out fast and are accurate. Warehouse automation has become more common now because warehouses realize how it can help them enhance their performance on a daily basis. Warehouses, distribution facilities, and order fulfillment activities employ 53.7% more people than they did just five years ago when the sector employed an estimated 915,000 people in 2016, and by April 2022, that figure had risen to little over 1,400,000 (omdia, 2022)

The warehouse industry as a whole is growing with each passing year. As retail businesses are increasing, so is the need for warehouses and distribution facilities. Each year, the warehouse industry becomes bigger with more people employed in this sector than before. As the sector grows, so does the use of warehouse automation technology and tools. 

Labor expenditures account for around 65% of most warehouse facility operating budgets, which is a massive sum, far exceeding the price of taxes, utilities, rent (or building maintenance), and distribution combined (conveyco, 2021)

Warehouses need to have an extensive team of skilled workers and the labor expenses can account for almost 65% of all warehouse budgets. This can be a lot and lead to higher running costs for warehouses. Incorporating warehouse automation into the daily operations can help warehouses bring the labor expenses down and save money on that front. 

From January 2020 to September 2022, the average hourly wage of all warehouse/logistics employees increased by about 10%, representing some of the highest compensation growth since data collection began (conveyco, 2021)

Over the last couple of years, the average hourly wage of all warehouse employees has increased by almost 10%. This is a huge increase and keeping a large team of workers can be tough and take up most of the warehouse budget. Warehouse automation helps warehouses make sure that they don’t have to rely on workers for even the tiniest tasks and can automate the processes to reduce labor expenses. 

87% of industry decision-makers surveyed are in the process of or planning the expansion of warehouses by 2024 (g2, 2021)

There is a growing need for warehouses as more businesses start every year and are in need for storage space. According to one survey, 87% of decision-makers in the warehouse industry are planning to expand their warehouses in the next two years. As the warehouse industry grows, there is also an increase in the need for warehouse automation. 

Use of AGVs (automated guided vehicles) in 2021 held steady from 2020, with 6% currently using and 14% considering/evaluating (g2, 2021)

Automated guided vehicles (AGVs) have become more common in warehouses all around the globe. They have become a huge part of the warehouse automation process. Over the last few years, the use of AGVs has steadily increased and around 14% of warehouses are currently considering using them for their operations. 

80% of the warehouse activities are outsourced, and 20% remain in-house as your company diversifies geographically (g2, 2021)

A lot of businesses in need of warehousing solutions have decided to outsource their warehouse activities. This also shows how there is a huge need for warehousing services and it is important for warehouses to automate most of their operations if they want to guarantee efficient and accurate services for the businesses that are outsourcing to them. 

18,736+ private warehousing establishments are present as of now (g2, 2021)

The need for warehousing and distribution facilities has also given a rise to private warehousing establishments. Currently, there are over 18,736 private warehousing establishments as well. As the number of warehouses increases all over the world, the use of automation technologies and tools is also increasing. The growth of the warehouse automation market continues along with the growth of the warehouse sector.  

181,370 sq ft is seen as the average size of warehouses, with the trend of larger size warehouses increasing every year (g2, 2021)

The average warehouse size is more than 181,370 square feet. There is a growing trend of having larger warehouses. When the warehouse space is as vast as 180,000 square feet or more, the need for automation also increases. It can be difficult to manage all operations in such a vast space without the help of advanced warehouse automation techniques and tools. 

7% sturdy use of Robotics in warehouses for automation systems in 2021 (g2. 2021)

The use of robotics is also on the rise. Robotics can help warehouses carry out operations that they would employ labor for, helping warehouses cut down on labor costs. Robotics also helps warehouses decrease the risk of human errors, which can be crucial for warehouses that carry out order fulfillment for businesses. 

79% of high-performing supply chain companies achieve revenue growth superior to the average within their industries (g2, 2021)

As a supply chain company or warehouse, you need to make sure you can use warehouse automation systems to enhance the performance of your establishment. 79% of high-performing warehouses and supply chain companies achieve higher revenue growth compared to the other average companies in the industry. 

Up to 12% of companies aren’t cost-effective when it comes to distribution (g2, 2021)

As a warehouse or distribution center, being cost-effective can help you with your revenue and growth in general. 12% of companies are still not cost-effective when it comes to their distribution, and this can take a toll on their overall revenue as well. Using technology and automation solutions can help companies become more cost-effective and help reduce expenses. 

20% of organizations are considering/evaluating robotics for warehouse operations in 2021 (g2, 2021)

In 2021, around 20% of organizations were looking at robotics solutions that would help them automate their warehousing operations. This is a huge percentage and shows us how more warehouses are considering using automation for their day-to-day operations. As more warehouses realize how important warehouse automation can be, there is an increase in the use of technology like robotics. 

72% say Warehouse management systems (WMS) is the popular warehouse management software in 2020 (g2, 2021)

Around 72% of respondents in a survey believe that using a warehouse management system to manage their warehouse processes and operations is the best option for them. A warehouse management system (WMS) can help you keep track of all inventory and orders and manage them effectively from one platform. It can be crucial when it comes to order fulfillment and generating accurate inventory forecasts for businesses as well. 

Transportation Management System leads 56% of the warehouse management software usage (g2, 2021)

Managing transport of goods, inventory, orders, etc., is not an easy task and using a transportation management system has become increasingly popular within warehouses. Around 56% of warehouse management software is related to transport management systems, which help warehouses keep track of all the goods that are coming into the warehouse or leaving the warehouse.