The Global Smart Delivery System Market is projected to grow from USD 9.5 billion in 2018 to USD 15.8 billion by 2028, at a CAGR of 8%. The demand for automated storage & retrieval systems and automated conveyor & sortation systems will be the most prominent segment during the forecast period while robotic system market will experience fastest growth rate among all type of delivery system.
On basis of type, the market is segmented into automated storage & retrieval systems, automated conveyor & sortation systems, automated guided vehicle systems and robotic system. Automated Storage & Retrieval Systems market is expected to witness fastest growth in the forecast period owing to increased demand from e-commerce and retail sector
Automated storage and retrieval systems use a combination of conveyors, lifts and robots to automatically store or retrieve packages from higher level bins.
Automated conveying systems are used in the manufacturing industry for transporting bulk powder, granules and other material over long distances. Material handling equipment such as bucket elevators, screw conveyors or belt feeders can be combined with an automatic control system that directs materials onto specific routes based on requirements
Automated guided vehicle (AGV) systems are a type of automated material handling equipment which form the backbone for modern warehouse automation. AGVs transport materials from place to place in large warehouses and sortation centers, such as those found at airports or near container ports
Automated Conveyor & Sortation System will be dominating the market followed by Robotic Delivery Systems. The automation of sorting lines can improve productivity as well as cut down the costs incurred on manual labour for sorters while also reducing production time.
E-commerce and Retail represents largest application segment of Smart Delivery System Market during 2018 with a share of 38%. It was mainly driven due to increase in number of online stores which are offering more personalized shopping experience at cheaper rates than conventional brick and mortar. Food & Beverage is the second largest segment with a share of 22% in 2018. The growth can be attributed to the increasing demand for fresh food, which has been supported by increase awareness about healthy eating habits and growing concern about adulteration. Restaurants are using these systems in order to minimize their labour costs as well as maintain a high level of customer service.
On basis of region, North America will account for the highest revenue share during 2018 owing primarily to large number of e-commerce stores present there, whereas Europe will have significant market potential due to rise in global trade activities. Moreover, Asia Pacific region will witness fastest growth on account being less penetrated than other regions.
Smart delivery systems have been used in the food retail sector for years now. The market has seen a shift from traditional point of sale system to online and mobile e-commerce sales channels, where automation and streamlining are necessary to maintain efficiency. In fact, according to research, global shipments of smart conveyor belts increased by over 30% between 2014 and 2018
Amazon's acquisition of Whole Foods Market – an organic grocery chain with stores across North America; Walmart’s investments in automated picking facilities as part of its "Digitization" strategy that includes robotic personal shoppers—these are some examples of initiatives taken by established companies looking at ways of leveraging these new technologies into their operations
Up Market Research published a new report titled “Smart Delivery System Market research report which is segmented by Types (Automated Storage & Retrieval Systems, Automated Conveyor & Sortation Systems, Automated Guided Vehicle Systems, Robotic Systems), By Applications (E-commerce & Retail, Food & Beverage, Manufacturing, Pharmaceutical, Airport, Others), By Players/Companies Schneider Electric, Daifuku, Honeywell, Dorner Holding, Schaefer Systems International, Dematic, Murata Machinery, Vanderlande, Mecalux, S.A., BEUMER Group, Fives Intralogistics, Swisslog AG, KNAPP AG, TGW Logistics Group, Grenzebach Maschinenbau GmbH, Witron Logistik, Kardex AG, Bastian Solutions, Vaistore Systems, Dearborn Mid-West Company”.
Report Attributes | Report Details |
Report Title | Smart Delivery System Market Research Report |
By Type | Automated Storage & Retrieval Systems, Automated Conveyor & Sortation Systems, Automated Guided Vehicle Systems, Robotic Systems |
By Application | E-commerce & Retail, Food & Beverage, Manufacturing, Pharmaceutical, Airport, Others |
By Companies | Schneider Electric, Daifuku, Honeywell, Dorner Holding, Schaefer Systems International, Dematic, Murata Machinery, Vanderlande, Mecalux, S.A., BEUMER Group, Fives Intralogistics, Swisslog AG, KNAPP AG, TGW Logistics Group, Grenzebach Maschinenbau GmbH, Witron Logistik, Kardex AG, Bastian Solutions, Vaistore Systems, Dearborn Mid-West Company |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 243 |
Number of Tables & Figures | 171 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Automated Storage & Retrieval Systems, Automated Conveyor & Sortation Systems, Automated Guided Vehicle Systems, Robotic Systems and By Application E-commerce & Retail, Food & Beverage, Manufacturing, Pharmaceutical, Airport, Others.
Some of the companies that are profiled in this report are:
Smart Delivery System Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Smart Delivery System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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