Retail Automation Market Overview
Retail automation provides customers with flexibility and simplicity of use for both traditional and innovative retailers. The benefits of automated products, such as manageable business platforms, speedier sales processes, and product supply efficiency, are driving greater demand. This aspect is assisting retailers in increasing revenues by cutting costs and ensuring a more productive atmosphere for the retail automation market's growth.
In addition, consumer spending power is increasing, as is the economic expansion in developed countries, which are encouraging the use of retail automation solutions. Additionally, due to the increasing competition in the retail sector, there is a growing usage of retail automation. There is a significant demand for automated products that improve efficiency, which is a major driver of the Retail Automation market’s growth.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | End User, Type, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | ZIH Corp., Pricer, Outerwall Inc., Toshiba Global Commerce Solutions, Inc., NCR Corporation, Fujitsu Limited, Honeywell International Inc., and First Data Corporation. |
Covid-19 Impact on Retail Automation Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Retail Automation Market Segment Overview
According to End User, Hypermarkets is the largest segment in the global Retail Automation Market. Retail automation systems are increasingly used in several end-users including supermarkets, hypermarkets, single item stores, and fuel stations. Furthermore, other factors driving market expansion include the use of retail automation for cost optimization, particularly for cutting retailer costs, increased demand for retail automation products, and rising need for quality and fast service.
Retail Automation Market, By End User
· Hypermarkets
· Supermarkets
· Single Item Stores
· Fuel Stations
· Retail Pharmacies
Retail Automation Market, By Type
· Point-of-Sale (POS)
· Barcode & RFID
· Electronic Shelf Label (ESL)
· Camera
· Autonomous Guided Vehicle (AGV)
· Others
Retail Automation Market Regional Overview
In terms of region, the global Retail Automation Market is classified into North America, South America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific is predicted to grow at the fastest rate among these regions over the projection period. China, Japan, and India are three of the most important countries in APAC driving the retail automation market forward. Furthermore, the significant growth rate in this region is due to the rise of large-scale retailers.
Retail Automation Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Retail Automation Market, Key Players
· ZIH Corp.
· Pricer
· Outerwall Inc.
· Toshiba Global Commerce Solutions, Inc.
· NCR Corporation
· Fujitsu Limited
· Honeywell International Inc.
· First Data Corporation
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Retail Automation market?
Implementation of automated solutions in the retail industry is one of the key factors boosting the growth of the retail automation market.
Q2. Which Segments are covered in the global Retail Automation market report?
End User, Type, and Region. these segments are covered in the global Retail Automation market report.
Q3. Which segment is projected to hold the largest share in the global Retail Automation market?
Supermarkets segment is projected to hold the largest share in the global Retail Automation market.
Q4. Which region holds the largest share in the global Retail Automation market?
The Asia Pacific holds the largest share in the global Retail Automation market.
Q5. Which are the prominent players in the global Retail Automation market?
ZIH Corp., Pricer, Outerwall Inc., Toshiba Global Commerce Solutions, Inc., NCR Corporation, Fujitsu Limited, Honeywell International Inc., and First Data Corporation. are some key players in the global Retail Automation market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Retail Automation Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By End User
- 5.2.1. Hypermarkets
- 5.2.2. Supermarkets
- 5.2.3. Single Item Stores
- 5.2.4. Fuel Stations
- 5.2.5. Retail Pharmacies
- 5.3. Market Analysis, Insights and Forecast – By Type
- 5.3.1. Point-of-Sale (POS)
- 5.3.2. Barcode & RFID
- 5.3.3. Electronic Shelf Label (ESL)
- 5.3.4. Camera
- 5.3.5. Autonomous Guided Vehicle (AGV)
- 5.3.6. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Retail Automation Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By End User
- 6.2.1. Hypermarkets
- 6.2.2. Supermarkets
- 6.2.3. Single Item Stores
- 6.2.4. Fuel Stations
- 6.2.5. Retail Pharmacies
- 6.3. Market Analysis, Insights and Forecast – By Type
- 6.3.1. Point-of-Sale (POS)
- 6.3.2. Barcode & RFID
- 6.3.3. Electronic Shelf Label (ESL)
- 6.3.4. Camera
- 6.3.5. Autonomous Guided Vehicle (AGV)
- 6.3.6. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Retail Automation Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By End User
- 7.2.1. Hypermarkets
- 7.2.2. Supermarkets
- 7.2.3. Single Item Stores
- 7.2.4. Fuel Stations
- 7.2.5. Retail Pharmacies
- 7.3. Market Analysis, Insights and Forecast – By Type
- 7.3.1. Point-of-Sale (POS)
- 7.3.2. Barcode & RFID
- 7.3.3. Electronic Shelf Label (ESL)
- 7.3.4. Camera
- 7.3.5. Autonomous Guided Vehicle (AGV)
- 7.3.6. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Retail Automation Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By End User
- 8.2.1. Hypermarkets
- 8.2.2. Supermarkets
- 8.2.3. Single Item Stores
- 8.2.4. Fuel Stations
- 8.2.5. Retail Pharmacies
- 8.3. Market Analysis, Insights and Forecast – By Type
- 8.3.1. Point-of-Sale (POS)
- 8.3.2. Barcode & RFID
- 8.3.3. Electronic Shelf Label (ESL)
- 8.3.4. Camera
- 8.3.5. Autonomous Guided Vehicle (AGV)
- 8.3.6. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Retail Automation Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By End User
- 9.2.1. Hypermarkets
- 9.2.2. Supermarkets
- 9.2.3. Single Item Stores
- 9.2.4. Fuel Stations
- 9.2.5. Retail Pharmacies
- 9.3. Market Analysis, Insights and Forecast – By Type
- 9.3.1. Point-of-Sale (POS)
- 9.3.2. Barcode & RFID
- 9.3.3. Electronic Shelf Label (ESL)
- 9.3.4. Camera
- 9.3.5. Autonomous Guided Vehicle (AGV)
- 9.3.6. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. ZIH Corp.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Pricer
- 10.6. Outerwall Inc.
- 10.7. Toshiba Global Commerce Solutions, Inc.
- 10.8. NCR Corporation
- 10.9. Fujitsu Limited
- 10.10. Honeywell International Inc.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
