Retail Automation Market by Product Type (Interactive Kiosk, Self-checkout System, Barcode, RFID, ESL, Cameras, AMR, COBOTS, AGV, ASRS, Conveyor & Sortation Systems), Implementation Type (In-house, Warehouse), End-user & Region - Global Forecast to 2029
The global retail automation market is expected to be valued at USD 27.6 billion in 2024 and is projected to reach USD 44.3 billion by 2029; it is expected to grow at a CAGR of 9.9% from 2024 to 2029. Higher adoption of RFID technology in retail automation; minimized labor cost by embracing automation; rising demand for high-quality and fast service to consumers serve as a significant drivers for growth of the retail automation market.
“ESL by product type segment to account higher CAGR in retail automation market during the forecast period”
ESLs help improve pricing accuracy, enabling retailers to reduce pricing errors and increase overall operational efficiency. This is particularly crucial in regions with strict consumer protection regulations. Secondly, ESLs enhance the in-store experience by providing real-time pricing information, enabling customers to make informed purchasing decisions.
“In-store automation to account for higher CAGR in retail automation market during the forecast period”
In-store automation in retail automation refers to the use of technologies such as electronic shelf labels, self-checkout kiosks, and inventory management systems to streamline operations, enhance customer experience, and improve efficiency within physical retail spaces. This trend is gaining traction as retailers seek to meet the evolving needs of consumers and address challenges such as labor shortages.
“Europe region growing at second highest CAGR in retail automation market”
The growth of retail automation in Europe can be attributed to several factors. First, the increasing adoption of technology by retailers to streamline operations and improve the customer experience. Second, the growing demand for convenience and efficiency among consumers, driving the need for automated solutions such as self-checkout systems and contactless payment options.
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
Research Coverage:
The research reports the retail automation market has been segmented based on product type, implementation type, end user, and region. Based on product type, the market has been segmented into point-of-sale (PoS) systems, automated identification systems, electronic shelf labels (ESLs), cameras, robots, automated guided vehicles (AGV), conveyor & sortation systems, and automatic storage and retrieval systems (ASRS). By implementation type, the market has been segmented into in-store and warehouse. By End User the market has been divided into hypermarkets, supermarkets, non-food retail stores, specialty stores, and others. The market by Region has been segmented into North America, Europe, Asia Pacific, and RoW.
The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the retail automation market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, contracts, partnerships, and agreements. New product & and service launches, mergers and acquisitions, and recent developments associated with the retail automation market. Competitive analysis of upcoming startups in the retail automation market ecosystem is covered in this report.
Key Benefits of Buying the Report
“ESL by product type segment to account higher CAGR in retail automation market during the forecast period”
ESLs help improve pricing accuracy, enabling retailers to reduce pricing errors and increase overall operational efficiency. This is particularly crucial in regions with strict consumer protection regulations. Secondly, ESLs enhance the in-store experience by providing real-time pricing information, enabling customers to make informed purchasing decisions.
“In-store automation to account for higher CAGR in retail automation market during the forecast period”
In-store automation in retail automation refers to the use of technologies such as electronic shelf labels, self-checkout kiosks, and inventory management systems to streamline operations, enhance customer experience, and improve efficiency within physical retail spaces. This trend is gaining traction as retailers seek to meet the evolving needs of consumers and address challenges such as labor shortages.
“Europe region growing at second highest CAGR in retail automation market”
The growth of retail automation in Europe can be attributed to several factors. First, the increasing adoption of technology by retailers to streamline operations and improve the customer experience. Second, the growing demand for convenience and efficiency among consumers, driving the need for automated solutions such as self-checkout systems and contactless payment options.
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1 – 38%, Tier 2 – 28%, and Tier 3 – 34%
- By Designation: C-level Executives – 40%, Directors – 30%, and Others – 30%
- By Region: North America – 35%, Europe – 20%, Asia Pacific – 35%, and RoW – 10%
Research Coverage:
The research reports the retail automation market has been segmented based on product type, implementation type, end user, and region. Based on product type, the market has been segmented into point-of-sale (PoS) systems, automated identification systems, electronic shelf labels (ESLs), cameras, robots, automated guided vehicles (AGV), conveyor & sortation systems, and automatic storage and retrieval systems (ASRS). By implementation type, the market has been segmented into in-store and warehouse. By End User the market has been divided into hypermarkets, supermarkets, non-food retail stores, specialty stores, and others. The market by Region has been segmented into North America, Europe, Asia Pacific, and RoW.
The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the retail automation market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, contracts, partnerships, and agreements. New product & and service launches, mergers and acquisitions, and recent developments associated with the retail automation market. Competitive analysis of upcoming startups in the retail automation market ecosystem is covered in this report.
Key Benefits of Buying the Report
- Analysis of key drivers (Increasing adoption of integrated automated technology by e-commerce warehouses, Minimized labor costs by embracing automation, Rising demand for high-quality and fast service to consumers, Higher adoption of RFID technology in retail automation), restraints (Regular maintenance and support of automated equipment, Mitigating workforce displacement and meeting regulatory compliance), opportunities (Increased transparency in supply chain management by adopting retail automation, Enhanced retail experience for customers by leveraging automation technologies), and challenges (Increased transparency in supply chain management by adopting retail automation, Enhanced retail experience for customers by leveraging automation technologies) influencing the growth of the retail automation market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the retail automation market
- Market Development: Comprehensive information about lucrative markets – the report analyses the retail automation market across varied regions.
- Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the retail automation market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Honeywell International Inc. (US), NCR VOYIX Corporation. (US), Diebold Nixdorf, Incorporated. (US), Zebra Technologies Corp. (US), and Hangzhou Hikvision Digital Technology Co., Ltd. (China), among others in the retail automation market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 RETAIL AUTOMATION MARKET: SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 INCLUSIONS AND EXCLUSIONS
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 RETAIL AUTOMATION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 RETAIL AUTOMATION MARKET: RESEARCH APPROACH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 List of key primary interview participants
2.1.3.3 Breakdown of primaries
2.1.3.4 Key data from primary sources
2.1.3.5 Key industry insights
2.2 MARKET SIZE ESTIMATION METHODOLOGY
FIGURE 4 RETAIL AUTOMATION MARKET: MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
FIGURE 5 RETAIL AUTOMATION MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
FIGURE 6 RETAIL AUTOMATION MARKET: TOP-DOWN APPROACH
FIGURE 7 RETAIL AUTOMATION MARKET: SUPPLY-SIDE ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 8 RETAIL AUTOMATION MARKET: DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
TABLE 1 RETAIL AUTOMATION MARKET: RESEARCH ASSUMPTIONS
TABLE 2 RETAIL AUTOMATION MARKET: FORECAST ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
FIGURE 9 RETAIL AUTOMATION MARKET: RESEARCH LIMITATIONS
2.6 RISK ASSESSMENT
TABLE 3 RETAIL AUTOMATION MARKET: RISK ASSESSMENT
2.7 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON RETAIL AUTOMATION MARKET
TABLE 4 RETAIL AUTOMATION MARKET: PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION
3 EXECUTIVE SUMMARY
FIGURE 10 POS SYSTEMS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF RETAIL AUTOMATION MARKET IN 2024 AND 2029
FIGURE 11 HYPERMARKETS SEGMENT TO LEAD RETAIL AUTOMATION MARKET IN 2024
FIGURE 12 WAREHOUSE SEGMENT TO DOMINATE RETAIL AUTOMATION MARKET IN 2029
FIGURE 13 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR RETAIL AUTOMATION DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN RETAIL AUTOMATION MARKET
FIGURE 14 RISING DEMAND FOR ENHANCED CUSTOMER SERVICE TO BOOST MARKET GROWTH
4.2 RETAIL AUTOMATION MARKET, BY PRODUCT TYPE
FIGURE 15 POS SYSTEMS SEGMENT TO DOMINATE RETAIL AUTOMATION MARKET IN 2029
4.3 RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE
FIGURE 16 IN-STORE SEGMENT TO RECORD HIGHEST CAGR IN RETAIL AUTOMATION MARKET DURING FORECAST PERIOD
4.4 RETAIL AUTOMATION MARKET, BY END USER
FIGURE 17 NON-RETAIL FOOD STORES SEGMENT TO EXHIBIT HIGHEST CAGR IN RETAIL AUTOMATION MARKET DURING FORECAST PERIOD
4.5 RETAIL AUTOMATION MARKET IN ASIA PACIFIC, BY IMPLEMENTATION TYPE AND COUNTRY
FIGURE 18 WAREHOUSE SEGMENT AND CHINA HELD LARGEST SHARES OF RETAIL AUTOMATION MARKET IN ASIA PACIFIC IN 2023
4.6 RETAIL AUTOMATION MARKET, BY REGION
FIGURE 19 RETAIL AUTOMATION MARKET IN JAPAN TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 RETAIL AUTOMATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 21 RETAIL AUTOMATION MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.1.1 Increasing adoption of integrated automated technology by e-commerce warehouses
5.2.1.2 Growing focus on cost optimization by embracing automation
5.2.1.3 Rising demand for high-quality and fast service to consumers
5.2.1.4 Higher adoption of RFID technology in retail automation
5.2.2 RESTRAINTS
FIGURE 22 RETAIL AUTOMATION MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.2.1 Need for ongoing maintenance to ensure smooth operation of automated equipment
5.2.2.2 Mitigating workforce displacement and meeting regulatory compliance
5.2.3 OPPORTUNITIES
FIGURE 23 RETAIL AUTOMATION MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.3.1 Surging use of retail automation to increase transparency in supply chain
5.2.3.2 Growing use of automation technologies to provide customers with enhanced retail experience
5.2.4 CHALLENGES
FIGURE 24 RETAIL AUTOMATION MARKET: IMPACT ANALYSIS OF CHALLENGES
5.2.4.1 Growing cybersecurity threats with adoption of automation technology
5.2.4.2 Integrating AI and ML into existing legacy systems
5.3 VALUE CHAIN ANALYSIS
FIGURE 25 RETAIL AUTOMATION MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 26 ECOSYSTEM ANALYSIS
TABLE 5 ROLE OF PLAYERS IN RETAIL AUTOMATION ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE TREND OF BARCODE READERS OFFERED BY KEY PLAYERS, BY END USER
FIGURE 28 AVERAGE SELLING PRICE TREND OF BARCODE READERS OFFERED BY KEY PLAYERS, BY END USER
TABLE 6 AVERAGE SELLING PRICE TREND OF BARCODE READERS OFFERED BY KEY PLAYERS, BY END USER (USD)
5.6.2 AVERAGE SELLING PRICE TREND OF RETAIL AUTOMATION PRODUCTS
TABLE 7 AVERAGE SELLING PRICE TREND OF AUTOMATED GUIDED VEHICLES
TABLE 8 AVERAGE SELLING PRICE TREND OF ELECTRONIC SHELF LABELS, BY DISPLAY SIZE
TABLE 9 AVERAGE SELLING PRICE TREND OF SORTATION SYSTEMS
TABLE 10 AVERAGE SELLING PRICE TREND OF CONVEYOR SYSTEMS, BY BELT WIDTH
5.6.3 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 29 AVERAGE SELLING PRICE TREND OF SELF-SERVICE KIOSKS IN DIFFERENT REGIONS FROM 2020 TO 2023
TABLE 11 AVERAGE SELLING PRICE TREND OF SELF-SERVICE KIOSKS, BY REGION
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Computer vision and AI for automated checkout
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 Blockchain for supply chain transparency
5.7.2.2 Augmented reality (AR) for virtual try-ons and product visualization
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 Internet of Things (IoT) for smart shelves
5.7.3.2 Mobile apps and self-service kiosks for flexible business interactions
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 12 RETAIL AUTOMATION MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 30 RETAIL AUTOMATION MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWER OF SUPPLIERS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 31 KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END USERS
TABLE 13 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS
5.9.2 BUYING CRITERIA
FIGURE 32 KEY BUYING CRITERIA FOR TOP THREE END USERS
TABLE 14 KEY BUYING CRITERIA FOR TOP THREE END USERS
5.10 CASE STUDY ANALYSIS
5.10.1 UK SUPERMARKET DEPLOYED DATALOGIC’S SCANNER TO INCREASE CHECKOUT EFFICIENCY AND ENHANCE CUSTOMER EXPERIENCE
5.10.2 ABC PETROL INTEGRATED MOBILE APPLICATION WITH FUJITSU SOFTWARE TO AUTOMATE PAYMENTS AT PETROL PUMPS
5.10.3 EATALY ADOPTED DIEBOLD NIXDORF’S SELF-CHECKOUT HARDWARE TO IMPROVE CHECKOUT PROCESS AND OVERALL OPERATIONAL EFFICIENCY
5.10.4 ROCKLER WOODWORKING AND HARDWARE IMPLEMENTED ZEBRA TECHNOLOGIES’ REFLEXIS REAL-TIME TASK MANAGER SOLUTION TO SIMPLIFY WORKFLOW
5.11 INVESTMENT AND FUNDING SCENARIO
FIGURE 33 FUNDS AUTHORIZED IN US FOR ROBOTICS STARTUPS
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO
TABLE 15 IMPORT DATA FOR HS CODE 847160-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
5.12.2 EXPORT SCENARIO
TABLE 16 EXPORT DATA FOR HS CODE 847160-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
5.13 PATENT ANALYSIS
TABLE 17 RETAIL AUTOMATION MARKET: LIST OF PATENTS, 2020–2024
FIGURE 34 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2023
TABLE 18 NUMBER OF PATENTS REGISTERED IN LAST 10 YEARS PERTAINING TO RETAIL AUTOMATION
FIGURE 35 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS
5.14 KEY CONFERENCES AND EVENTS
TABLE 19 RETAIL AUTOMATION MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
5.15 REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 21 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 22 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 23 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 STANDARDS AND REGULATIONS
5.15.2.1 Standards
5.15.2.2 Regulations
6 RETAIL AUTOMATION MARKET, BY PRODUCT TYPE
6.1 INTRODUCTION
FIGURE 36 POS SYSTEMS SEGMENT TO HOLD LARGEST SHARE OF RETAIL AUTOMATION MARKET IN 2029
TABLE 24 RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 25 RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
6.2 POINT-OF-SALE (POS) SYSTEMS
TABLE 26 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 27 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 28 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 29 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 30 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 31 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.1 INTERACTIVE KIOSKS
6.2.1.1 Ability to offer engaging experience to customers to drive segment
TABLE 32 INTERACTIVE KIOSKS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 33 INTERACTIVE KIOSKS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.2 SELF-CHECKOUT SYSTEMS
6.2.2.1 Reduced wait times and improved operational efficiency to fuel segmental growth
TABLE 34 SELF-CHECKOUT SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 35 SELF-CHECKOUT SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3 AUTOMATED IDENTIFICATION SYSTEMS
TABLE 36 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 37 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 38 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 39 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 40 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 41 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.1 RFID SYSTEMS
TABLE 42 RFID SYSTEMS: RETAIL AUTOMATION MARKET, BY HARDWARE TYPE, 2020–2023 (USD MILLION)
TABLE 43 RFID SYSTEMS: RETAIL AUTOMATION MARKET, BY HARDWARE TYPE, 2024–2029 (USD MILLION)
6.3.1.1 RFID readers
6.3.1.1.1 Growing adoption in logistics and supply chain applications to foster segmental growth
6.3.1.2 RFID tags
6.3.1.2.1 Passive tags
6.3.1.2.1.1 Deployment to transmit information over short distances without requiring external power source to contribute to demand
6.3.1.2.2 Active tags
6.3.1.2.2.1 Long read range and ability to monitor assets in real time to drive market
TABLE 44 RFID TAGS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 45 RFID TAGS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (USD MILLION)
6.3.2 BARCODE READERS
6.3.2.1 Increased demand for fast operations in retail industry to drive segment
6.4 ELECTRONIC SHELF LABELS (ESLS)
TABLE 46 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 47 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 48 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 49 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 50 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 51 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.1 LCDS
6.4.1.1 Need for maintenance-free and low power-consuming electronic shelf labels to drive adoption
6.4.2 SEGMENTED E-PAPER DISPLAYS
6.4.2.1 Ability to save energy and support graphic content to support segmental growth
6.4.3 FULLY GRAPHIC E-PAPER DISPLAYS
6.4.3.1 Growing need to display graphic-based content in tier I and tier II retail stores to contribute to segmental growth
6.5 CAMERAS
6.5.1 INCREASED DEMAND FOR REAL-TIME ANALYTICS AND ENHANCED CUSTOMER EXPERIENCE TO BOOST SEGMENTAL GROWTH
TABLE 52 CAMERAS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 53 CAMERAS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 54 CAMERAS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 55 CAMERAS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.6 ROBOTS
TABLE 56 ROBOTS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 57 ROBOTS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 58 ROBOTS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (UNITS)
TABLE 59 ROBOTS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (UNITS)
TABLE 60 ROBOTS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 61 ROBOTS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 62 ROBOTS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 63 ROBOTS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.6.1 AUTONOMOUS MOBILE ROBOTS (AMRS)
6.6.1.1 Requisite for enhanced productivity through efficient inventory management and order fulfillment to accelerate demand
6.6.2 COLLABORATIVE ROBOTS (COBOTS)
6.6.2.1 Need to optimize warehouse operations by reducing manual tasks and improving overall efficiency to increase demand
6.7 AUTOMATED GUIDED VEHICLES (AGVS)
6.7.1 USE IN AUTONOMOUS TRANSPORTATION OF GOODS IN RETAIL ENVIRONMENT TO FUEL SEGMENTAL GROWTH
TABLE 64 AUTOMATED GUIDED VEHICLES: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 65 AUTOMATED GUIDED VEHICLES: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 66 AUTOMATED GUIDED VEHICLES: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 67 AUTOMATED GUIDED VEHICLES: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.8 AUTOMATED STORAGE AND RETRIEVAL SYSTEMS (ASRS)
6.8.1 ABILITY TO HANDLE VARYING VOLUMES AND TYPES OF INVENTORIES TO FUEL MARKET GROWTH
TABLE 68 AUTOMATED STORAGE AND RETRIEVAL SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 69 AUTOMATED STORAGE AND RETRIEVAL SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 70 AUTOMATED STORAGE AND RETRIEVAL SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 71 AUTOMATED STORAGE AND RETRIEVAL SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.9 CONVEYOR & SORTATION SYSTEMS
6.9.1 INCREASED DEMAND FOR REAL-TIME TRACKING AND INVENTORY CONTROL TO DRIVE MARKET
TABLE 72 CONVEYOR & SORTATION SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 73 CONVEYOR & SORTATION SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 74 CONVEYOR & SORTATION SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 75 CONVEYOR & SORTATION SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
7 RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE
7.1 INTRODUCTION
FIGURE 37 WAREHOUSE SEGMENT TO HOLD LARGER SHARE OF RETAIL AUTOMATION MARKET IN 2029
TABLE 76 RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD MILLION)
TABLE 77 RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD MILLION)
7.2 IN-STORE
7.2.1 RISING ADOPTION OF SELF-CHECKOUT SYSTEMS AND KIOSKS IN STORES TO DRIVE MARKET
7.3 WAREHOUSE
7.3.1 INCREASING DEMAND FOR HIGH PRODUCTIVITY AND FAST DELIVERY TIMES IN WAREHOUSES TO PROPEL MARKET GROWTH
8 RETAIL AUTOMATION MARKET, BY END USER
8.1 INTRODUCTION
FIGURE 38 HYPERMARKETS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF RETAIL AUTOMATION MARKET IN 2029
TABLE 78 RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 79 RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
8.2 HYPERMARKETS
8.2.1 SURGE IN ADOPTION OF RETAIL AUTOMATION TO REDUCE OPERATIONAL COSTS AND ENHANCE INVENTORY MANAGEMENT TO CONTRIBUTE TO MARKET GROWTH
TABLE 80 HYPERMARKETS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 81 HYPERMARKETS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
8.3 SUPERMARKETS
8.3.1 NEED TO STREAMLINE OPERATIONS AND MINIMIZE ERRORS TO DRIVE ACCEPTANCE OF RETAIL AUTOMATION
TABLE 82 SUPERMARKETS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 83 SUPERMARKETS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
8.4 NON-FOOD RETAIL STORES
8.4.1 GROWING EMPHASIS ON OFFERING PERSONALIZED EXPERIENCES BASED ON CHANGING CONSUMER EXPECTATIONS TO FUEL MARKET GROWTH
TABLE 84 NON-FOOD RETAIL STORES: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 85 NON-FOOD RETAIL STORES: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
8.5 SPECIALTY STORES
8.5.1 INCREASING NEED FOR EFFECTIVE MARKETING STRATEGIES TO ATTRACT CUSTOMERS TO FOSTER MARKET GROWTH
TABLE 86 SPECIALTY STORES: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 87 SPECIALTY STORES: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
8.6 OTHERS
TABLE 88 OTHERS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 89 OTHERS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
9 RETAIL AUTOMATION MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 39 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN RETAIL AUTOMATION MARKET BETWEEN 2024 AND 2029
TABLE 90 RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 91 RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 40 NORTH AMERICA: RETAIL AUTOMATION MARKET SNAPSHOT
TABLE 92 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 93 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 94 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD MILLION)
TABLE 95 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD MILLION)
TABLE 96 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 97 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
9.2.1 IMPACT OF RECESSION ON RETAIL AUTOMATION MARKET IN NORTH AMERICA
9.2.2 US
9.2.2.1 Increasing automation to streamline retail operations and enhance customer experience to fuel market growth
9.2.3 CANADA
9.2.3.1 Need to reduce waiting times and improve operational accuracy to contribute to market growth
9.2.4 MEXICO
9.2.4.1 Increased foreign investments to drive market
9.3 EUROPE
FIGURE 41 EUROPE: RETAIL AUTOMATION MARKET SNAPSHOT
TABLE 98 EUROPE: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 99 EUROPE: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 100 EUROPE: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD MILLION)
TABLE 101 EUROPE: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD MILLION)
TABLE 102 EUROPE: RETAIL AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 103 EUROPE: RETAIL AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
9.3.1 IMPACT OF RECESSION ON RETAIL AUTOMATION MARKET IN EUROPE
9.3.2 GERMANY
9.3.2.1 Favorable government initiatives supporting adoption of retail automation to support market growth
9.3.3 UK
9.3.3.1 Increased adoption by supermarkets and departmental stores to drive demand
9.3.4 FRANCE
9.3.4.1 High demand for intelligent material handling in warehouses to foster market growth
9.3.5 REST OF EUROPE
9.4 ASIA PACIFIC
FIGURE 42 ASIA PACIFIC: RETAIL AUTOMATION MARKET SNAPSHOT
TABLE 104 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 105 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 106 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD MILLION)
TABLE 107 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD MILLION)
TABLE 108 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 109 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
9.4.1 IMPACT OF RECESSION ON RETAIL AUTOMATION MARKET IN ASIA PACIFIC
9.4.2 CHINA
9.4.2.1 Rising adoption of smart retail concepts to fuel market growth
9.4.3 JAPAN
9.4.3.1 Aging population and staff shortage to drive demand
9.4.4 SOUTH KOREA
9.4.4.1 Escalating labor expenses to contribute to market growth
9.4.5 REST OF ASIA PACIFIC
9.5 ROW
TABLE 110 ROW: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 111 ROW: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 112 ROW: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD MILLION)
TABLE 113 ROW: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD MILLION)
TABLE 114 ROW: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 115 ROW: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.5.1 IMPACT OF RECESSION ON RETAIL AUTOMATION MARKET IN ROW
9.5.2 SOUTH AMERICA
9.5.2.1 Changing consumer preferences to drive market
9.5.3 MIDDLE EAST & AFRICA
9.5.3.1 Attractive opportunities due to rapid urbanization and increasing consumer demand to drive market
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023
TABLE 116 OVERVIEW OF STRATEGIES DEPLOYED BY KEY RETAIL AUTOMATION SOLUTION MANUFACTURERS, 2020–2023
10.3 REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022
FIGURE 43 FIVE-YEAR REVENUE ANALYSIS OF KEY PLAYERS IN RETAIL AUTOMATION MARKET
10.4 MARKET SHARE ANALYSIS, 2023
TABLE 117 RETAIL AUTOMATION MARKET: DEGREE OF COMPETITION, 2023
FIGURE 44 MARKET SHARE ANALYSIS OF PLAYERS IN RETAIL AUTOMATION MARKET
10.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 45 COMPANY VALUATION (USD BILLION), 2022
FIGURE 46 FINANCIAL METRICS (EV/EBITDA), 2023
10.6 BRAND COMPARISON
FIGURE 47 BRAND/PRODUCT COMPARISON
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.7.1 STARS
10.7.2 EMERGING LEADERS
10.7.3 PERVASIVE PLAYERS
10.7.4 PARTICIPANTS
FIGURE 48 RETAIL AUTOMATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
10.7.5.1 Company footprint
FIGURE 49 OVERALL, COMPANY FOOTPRINT
10.7.5.2 Region footprint
TABLE 118 RETAIL AUTOMATION MARKET: COMPANY REGION FOOTPRINT
10.7.5.3 End user footprint
TABLE 119 RETAIL AUTOMATION MARKET: BY END USER FOOTPRINT
10.7.5.4 Product type footprint
TABLE 120 RETAIL AUTOMATION MARKET: BY PRODUCT TYPE FOOTPRINT
10.7.5.5 Implementation type footprint
TABLE 121 RETAIL AUTOMATION MARKET: BY IMPLEMENTATION TYPE FOOTPRINT
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
10.8.1 PROGRESSIVE COMPANIES
10.8.2 RESPONSIVE COMPANIES
10.8.3 DYNAMIC COMPANIES
10.8.4 STARTING BLOCKS
FIGURE 50 RETAIL AUTOMATION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/ SMES), 2023
10.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
10.8.5.1 List of key startups/SMEs
TABLE 122 RETAIL AUTOMATION MARKET: LIST OF KEY STARTUPS/SMES
10.8.5.2 Competitive benchmarking of key startups/SMEs
TABLE 123 RETAIL AUTOMATION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
10.9 COMPETITIVE SCENARIOS AND TRENDS
10.9.1 PRODUCT LAUNCHES
TABLE 124 RETAIL AUTOMATION MARKET: PRODUCT LAUNCHES, JUNE 2022? NOVEMBER 2023
10.9.2 DEALS
TABLE 125 RETAIL AUTOMATION MARKET: DEALS, MARCH 2020–AUGUST 2023
10.9.3 EXPANSIONS
TABLE 126 RETAIL AUTOMATION MARKET: EXPANSIONS, OCTOBER 2022–DECEMBER 2022
11 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1 KEY PLAYERS
11.1.1 HONEYWELL INTERNATIONAL INC.
TABLE 127 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 51 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 128 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 129 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 130 HONEYWELL INTERNATIONAL INC.: DEALS
11.1.2 NCR VOYIX CORPORATION
TABLE 131 NCR VOYIX CORPORATION: COMPANY OVERVIEW
FIGURE 52 NCR VOYIX CORPORATION: COMPANY SNAPSHOT
TABLE 132 NCR VOYIX CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 133 NCR VOYIX CORPORATION: DEALS
11.1.3 DIEBOLD NIXDORF, INCORPORATED.
TABLE 134 DIEBOLD NIXDORF, INCORPORATED: COMPANY OVERVIEW
FIGURE 53 DIEBOLD NIXDORF, INCORPORATED: COMPANY SNAPSHOT
TABLE 135 DIEBOLD NIXDORF, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 136 DIEBOLD NIXDORF, INCORPORATED: DEALS
11.1.4 ZEBRA TECHNOLOGIES CORP.
TABLE 137 ZEBRA TECHNOLOGIES CORP.: COMPANY OVERVIEW
FIGURE 54 ZEBRA TECHNOLOGIES CORP.: COMPANY SNAPSHOT
TABLE 138 ZEBRA TECHNOLOGIES CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 139 ZEBRA TECHNOLOGIES CORP.: PRODUCT LAUNCHES
11.1.5 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.
TABLE 140 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
FIGURE 55 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
TABLE 141 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 142 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES
TABLE 143 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: DEALS
11.1.6 NXP SEMICONDUCTORS
TABLE 144 NXP SEMICONDUCTORS: COMPANY OVERVIEW
FIGURE 56 NXP SEMICONDUCTORS: COMPANY SNAPSHOT
TABLE 145 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 146 NXP SEMICONDUCTORS: PRODUCT LAUNCHES
TABLE 147 NXP SEMICONDUCTORS: DEALS
11.1.7 DAHUA TECHNOLOGY CO., LTD.
TABLE 148 DAHUA TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
FIGURE 57 DAHUA TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
TABLE 149 DAHUA TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 150 DAHUA TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES
TABLE 151 ZHEJIANG DAHUA TECHNOLOGY CO., LTD.: DEALS
11.1.8 DAIFUKU CO., LTD.
TABLE 152 DAIFUKU CO., LTD.: COMPANY OVERVIEW
FIGURE 58 DAIFUKU CO., LTD.: COMPANY SNAPSHOT
TABLE 153 DAIFUKU CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 154 DAIFUKU CO., LTD.: DEALS
TABLE 155 DAIFUKU CO., LTD.: EXPANSIONS
11.1.9 KION GROUP AG
TABLE 156 KION GROUP AG: COMPANY OVERVIEW
FIGURE 59 KION GROUP AG: COMPANY SNAPSHOT
TABLE 157 KION GROUP AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 158 KION GROUP AG: DEALS
TABLE 159 KION GROUP AG: EXPANSIONS
11.1.10 AVERY DENNISON CORPORATION
TABLE 160 AVERY DENNISON CORPORATION: COMPANY OVERVIEW
FIGURE 60 AVERY DENNISON CORPORATION: COMPANY SNAPSHOT
TABLE 161 AVERY DENNISON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 162 AVERY DENNISON CORPORATION: PRODUCT LAUNCHES
TABLE 163 AVERY DENNISON CORPORATION: DEALS
TABLE 164 AVERY DENNISON CORPORATION: OTHER DEVELOPMENTS
11.2 OTHER PLAYERS
11.2.1 PRICER
11.2.2 DISPLAYDATA LTD.
11.2.3 DATALOGIC S.P.A
11.2.4 IMPINJ, INC.
11.2.5 GLORY LTD.
11.2.6 VERIFONE, INC.
11.2.7 KUKA AG
11.2.8 AXIS COMMUNICATIONS AB
11.2.9 BOSCH SICHERHEITSSYSTEME GMBH
11.2.10 KIOSK INFORMATION SYSTEMS
11.2.11 TOYOTA INDUSTRIES CORPORATION
11.2.12 ALIEN TECHNOLOGY, LLC
11.2.13 VUSIONGROUP (SES-IMAGOTAG)
11.2.14 SOLUM
11.2.15 MOJIX
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 RETAIL AUTOMATION MARKET: SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 INCLUSIONS AND EXCLUSIONS
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 RETAIL AUTOMATION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 RETAIL AUTOMATION MARKET: RESEARCH APPROACH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 List of key primary interview participants
2.1.3.3 Breakdown of primaries
2.1.3.4 Key data from primary sources
2.1.3.5 Key industry insights
2.2 MARKET SIZE ESTIMATION METHODOLOGY
FIGURE 4 RETAIL AUTOMATION MARKET: MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
FIGURE 5 RETAIL AUTOMATION MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
FIGURE 6 RETAIL AUTOMATION MARKET: TOP-DOWN APPROACH
FIGURE 7 RETAIL AUTOMATION MARKET: SUPPLY-SIDE ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 8 RETAIL AUTOMATION MARKET: DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
TABLE 1 RETAIL AUTOMATION MARKET: RESEARCH ASSUMPTIONS
TABLE 2 RETAIL AUTOMATION MARKET: FORECAST ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
FIGURE 9 RETAIL AUTOMATION MARKET: RESEARCH LIMITATIONS
2.6 RISK ASSESSMENT
TABLE 3 RETAIL AUTOMATION MARKET: RISK ASSESSMENT
2.7 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON RETAIL AUTOMATION MARKET
TABLE 4 RETAIL AUTOMATION MARKET: PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION
3 EXECUTIVE SUMMARY
FIGURE 10 POS SYSTEMS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF RETAIL AUTOMATION MARKET IN 2024 AND 2029
FIGURE 11 HYPERMARKETS SEGMENT TO LEAD RETAIL AUTOMATION MARKET IN 2024
FIGURE 12 WAREHOUSE SEGMENT TO DOMINATE RETAIL AUTOMATION MARKET IN 2029
FIGURE 13 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR RETAIL AUTOMATION DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN RETAIL AUTOMATION MARKET
FIGURE 14 RISING DEMAND FOR ENHANCED CUSTOMER SERVICE TO BOOST MARKET GROWTH
4.2 RETAIL AUTOMATION MARKET, BY PRODUCT TYPE
FIGURE 15 POS SYSTEMS SEGMENT TO DOMINATE RETAIL AUTOMATION MARKET IN 2029
4.3 RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE
FIGURE 16 IN-STORE SEGMENT TO RECORD HIGHEST CAGR IN RETAIL AUTOMATION MARKET DURING FORECAST PERIOD
4.4 RETAIL AUTOMATION MARKET, BY END USER
FIGURE 17 NON-RETAIL FOOD STORES SEGMENT TO EXHIBIT HIGHEST CAGR IN RETAIL AUTOMATION MARKET DURING FORECAST PERIOD
4.5 RETAIL AUTOMATION MARKET IN ASIA PACIFIC, BY IMPLEMENTATION TYPE AND COUNTRY
FIGURE 18 WAREHOUSE SEGMENT AND CHINA HELD LARGEST SHARES OF RETAIL AUTOMATION MARKET IN ASIA PACIFIC IN 2023
4.6 RETAIL AUTOMATION MARKET, BY REGION
FIGURE 19 RETAIL AUTOMATION MARKET IN JAPAN TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 RETAIL AUTOMATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 21 RETAIL AUTOMATION MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.1.1 Increasing adoption of integrated automated technology by e-commerce warehouses
5.2.1.2 Growing focus on cost optimization by embracing automation
5.2.1.3 Rising demand for high-quality and fast service to consumers
5.2.1.4 Higher adoption of RFID technology in retail automation
5.2.2 RESTRAINTS
FIGURE 22 RETAIL AUTOMATION MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.2.1 Need for ongoing maintenance to ensure smooth operation of automated equipment
5.2.2.2 Mitigating workforce displacement and meeting regulatory compliance
5.2.3 OPPORTUNITIES
FIGURE 23 RETAIL AUTOMATION MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.3.1 Surging use of retail automation to increase transparency in supply chain
5.2.3.2 Growing use of automation technologies to provide customers with enhanced retail experience
5.2.4 CHALLENGES
FIGURE 24 RETAIL AUTOMATION MARKET: IMPACT ANALYSIS OF CHALLENGES
5.2.4.1 Growing cybersecurity threats with adoption of automation technology
5.2.4.2 Integrating AI and ML into existing legacy systems
5.3 VALUE CHAIN ANALYSIS
FIGURE 25 RETAIL AUTOMATION MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 26 ECOSYSTEM ANALYSIS
TABLE 5 ROLE OF PLAYERS IN RETAIL AUTOMATION ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE TREND OF BARCODE READERS OFFERED BY KEY PLAYERS, BY END USER
FIGURE 28 AVERAGE SELLING PRICE TREND OF BARCODE READERS OFFERED BY KEY PLAYERS, BY END USER
TABLE 6 AVERAGE SELLING PRICE TREND OF BARCODE READERS OFFERED BY KEY PLAYERS, BY END USER (USD)
5.6.2 AVERAGE SELLING PRICE TREND OF RETAIL AUTOMATION PRODUCTS
TABLE 7 AVERAGE SELLING PRICE TREND OF AUTOMATED GUIDED VEHICLES
TABLE 8 AVERAGE SELLING PRICE TREND OF ELECTRONIC SHELF LABELS, BY DISPLAY SIZE
TABLE 9 AVERAGE SELLING PRICE TREND OF SORTATION SYSTEMS
TABLE 10 AVERAGE SELLING PRICE TREND OF CONVEYOR SYSTEMS, BY BELT WIDTH
5.6.3 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 29 AVERAGE SELLING PRICE TREND OF SELF-SERVICE KIOSKS IN DIFFERENT REGIONS FROM 2020 TO 2023
TABLE 11 AVERAGE SELLING PRICE TREND OF SELF-SERVICE KIOSKS, BY REGION
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Computer vision and AI for automated checkout
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 Blockchain for supply chain transparency
5.7.2.2 Augmented reality (AR) for virtual try-ons and product visualization
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 Internet of Things (IoT) for smart shelves
5.7.3.2 Mobile apps and self-service kiosks for flexible business interactions
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 12 RETAIL AUTOMATION MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 30 RETAIL AUTOMATION MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWER OF SUPPLIERS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 31 KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END USERS
TABLE 13 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS
5.9.2 BUYING CRITERIA
FIGURE 32 KEY BUYING CRITERIA FOR TOP THREE END USERS
TABLE 14 KEY BUYING CRITERIA FOR TOP THREE END USERS
5.10 CASE STUDY ANALYSIS
5.10.1 UK SUPERMARKET DEPLOYED DATALOGIC’S SCANNER TO INCREASE CHECKOUT EFFICIENCY AND ENHANCE CUSTOMER EXPERIENCE
5.10.2 ABC PETROL INTEGRATED MOBILE APPLICATION WITH FUJITSU SOFTWARE TO AUTOMATE PAYMENTS AT PETROL PUMPS
5.10.3 EATALY ADOPTED DIEBOLD NIXDORF’S SELF-CHECKOUT HARDWARE TO IMPROVE CHECKOUT PROCESS AND OVERALL OPERATIONAL EFFICIENCY
5.10.4 ROCKLER WOODWORKING AND HARDWARE IMPLEMENTED ZEBRA TECHNOLOGIES’ REFLEXIS REAL-TIME TASK MANAGER SOLUTION TO SIMPLIFY WORKFLOW
5.11 INVESTMENT AND FUNDING SCENARIO
FIGURE 33 FUNDS AUTHORIZED IN US FOR ROBOTICS STARTUPS
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO
TABLE 15 IMPORT DATA FOR HS CODE 847160-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
5.12.2 EXPORT SCENARIO
TABLE 16 EXPORT DATA FOR HS CODE 847160-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
5.13 PATENT ANALYSIS
TABLE 17 RETAIL AUTOMATION MARKET: LIST OF PATENTS, 2020–2024
FIGURE 34 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2023
TABLE 18 NUMBER OF PATENTS REGISTERED IN LAST 10 YEARS PERTAINING TO RETAIL AUTOMATION
FIGURE 35 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS
5.14 KEY CONFERENCES AND EVENTS
TABLE 19 RETAIL AUTOMATION MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
5.15 REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 21 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 22 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 23 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 STANDARDS AND REGULATIONS
5.15.2.1 Standards
5.15.2.2 Regulations
6 RETAIL AUTOMATION MARKET, BY PRODUCT TYPE
6.1 INTRODUCTION
FIGURE 36 POS SYSTEMS SEGMENT TO HOLD LARGEST SHARE OF RETAIL AUTOMATION MARKET IN 2029
TABLE 24 RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 25 RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
6.2 POINT-OF-SALE (POS) SYSTEMS
TABLE 26 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 27 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 28 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 29 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 30 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 31 POS SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.1 INTERACTIVE KIOSKS
6.2.1.1 Ability to offer engaging experience to customers to drive segment
TABLE 32 INTERACTIVE KIOSKS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 33 INTERACTIVE KIOSKS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.2 SELF-CHECKOUT SYSTEMS
6.2.2.1 Reduced wait times and improved operational efficiency to fuel segmental growth
TABLE 34 SELF-CHECKOUT SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 35 SELF-CHECKOUT SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3 AUTOMATED IDENTIFICATION SYSTEMS
TABLE 36 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 37 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 38 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 39 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 40 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 41 AUTOMATED IDENTIFICATION SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.1 RFID SYSTEMS
TABLE 42 RFID SYSTEMS: RETAIL AUTOMATION MARKET, BY HARDWARE TYPE, 2020–2023 (USD MILLION)
TABLE 43 RFID SYSTEMS: RETAIL AUTOMATION MARKET, BY HARDWARE TYPE, 2024–2029 (USD MILLION)
6.3.1.1 RFID readers
6.3.1.1.1 Growing adoption in logistics and supply chain applications to foster segmental growth
6.3.1.2 RFID tags
6.3.1.2.1 Passive tags
6.3.1.2.1.1 Deployment to transmit information over short distances without requiring external power source to contribute to demand
6.3.1.2.2 Active tags
6.3.1.2.2.1 Long read range and ability to monitor assets in real time to drive market
TABLE 44 RFID TAGS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 45 RFID TAGS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (USD MILLION)
6.3.2 BARCODE READERS
6.3.2.1 Increased demand for fast operations in retail industry to drive segment
6.4 ELECTRONIC SHELF LABELS (ESLS)
TABLE 46 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 47 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 48 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 49 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 50 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 51 ELECTRONIC SHELF LABELS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.1 LCDS
6.4.1.1 Need for maintenance-free and low power-consuming electronic shelf labels to drive adoption
6.4.2 SEGMENTED E-PAPER DISPLAYS
6.4.2.1 Ability to save energy and support graphic content to support segmental growth
6.4.3 FULLY GRAPHIC E-PAPER DISPLAYS
6.4.3.1 Growing need to display graphic-based content in tier I and tier II retail stores to contribute to segmental growth
6.5 CAMERAS
6.5.1 INCREASED DEMAND FOR REAL-TIME ANALYTICS AND ENHANCED CUSTOMER EXPERIENCE TO BOOST SEGMENTAL GROWTH
TABLE 52 CAMERAS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 53 CAMERAS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 54 CAMERAS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 55 CAMERAS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.6 ROBOTS
TABLE 56 ROBOTS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 57 ROBOTS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 58 ROBOTS: RETAIL AUTOMATION MARKET, BY TYPE, 2020–2023 (UNITS)
TABLE 59 ROBOTS: RETAIL AUTOMATION MARKET, BY TYPE, 2024–2029 (UNITS)
TABLE 60 ROBOTS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 61 ROBOTS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 62 ROBOTS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 63 ROBOTS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.6.1 AUTONOMOUS MOBILE ROBOTS (AMRS)
6.6.1.1 Requisite for enhanced productivity through efficient inventory management and order fulfillment to accelerate demand
6.6.2 COLLABORATIVE ROBOTS (COBOTS)
6.6.2.1 Need to optimize warehouse operations by reducing manual tasks and improving overall efficiency to increase demand
6.7 AUTOMATED GUIDED VEHICLES (AGVS)
6.7.1 USE IN AUTONOMOUS TRANSPORTATION OF GOODS IN RETAIL ENVIRONMENT TO FUEL SEGMENTAL GROWTH
TABLE 64 AUTOMATED GUIDED VEHICLES: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 65 AUTOMATED GUIDED VEHICLES: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 66 AUTOMATED GUIDED VEHICLES: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 67 AUTOMATED GUIDED VEHICLES: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.8 AUTOMATED STORAGE AND RETRIEVAL SYSTEMS (ASRS)
6.8.1 ABILITY TO HANDLE VARYING VOLUMES AND TYPES OF INVENTORIES TO FUEL MARKET GROWTH
TABLE 68 AUTOMATED STORAGE AND RETRIEVAL SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 69 AUTOMATED STORAGE AND RETRIEVAL SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 70 AUTOMATED STORAGE AND RETRIEVAL SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 71 AUTOMATED STORAGE AND RETRIEVAL SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.9 CONVEYOR & SORTATION SYSTEMS
6.9.1 INCREASED DEMAND FOR REAL-TIME TRACKING AND INVENTORY CONTROL TO DRIVE MARKET
TABLE 72 CONVEYOR & SORTATION SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 73 CONVEYOR & SORTATION SYSTEMS: RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 74 CONVEYOR & SORTATION SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 75 CONVEYOR & SORTATION SYSTEMS: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
7 RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE
7.1 INTRODUCTION
FIGURE 37 WAREHOUSE SEGMENT TO HOLD LARGER SHARE OF RETAIL AUTOMATION MARKET IN 2029
TABLE 76 RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD MILLION)
TABLE 77 RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD MILLION)
7.2 IN-STORE
7.2.1 RISING ADOPTION OF SELF-CHECKOUT SYSTEMS AND KIOSKS IN STORES TO DRIVE MARKET
7.3 WAREHOUSE
7.3.1 INCREASING DEMAND FOR HIGH PRODUCTIVITY AND FAST DELIVERY TIMES IN WAREHOUSES TO PROPEL MARKET GROWTH
8 RETAIL AUTOMATION MARKET, BY END USER
8.1 INTRODUCTION
FIGURE 38 HYPERMARKETS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF RETAIL AUTOMATION MARKET IN 2029
TABLE 78 RETAIL AUTOMATION MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 79 RETAIL AUTOMATION MARKET, BY END USER, 2024–2029 (USD MILLION)
8.2 HYPERMARKETS
8.2.1 SURGE IN ADOPTION OF RETAIL AUTOMATION TO REDUCE OPERATIONAL COSTS AND ENHANCE INVENTORY MANAGEMENT TO CONTRIBUTE TO MARKET GROWTH
TABLE 80 HYPERMARKETS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 81 HYPERMARKETS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
8.3 SUPERMARKETS
8.3.1 NEED TO STREAMLINE OPERATIONS AND MINIMIZE ERRORS TO DRIVE ACCEPTANCE OF RETAIL AUTOMATION
TABLE 82 SUPERMARKETS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 83 SUPERMARKETS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
8.4 NON-FOOD RETAIL STORES
8.4.1 GROWING EMPHASIS ON OFFERING PERSONALIZED EXPERIENCES BASED ON CHANGING CONSUMER EXPECTATIONS TO FUEL MARKET GROWTH
TABLE 84 NON-FOOD RETAIL STORES: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 85 NON-FOOD RETAIL STORES: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
8.5 SPECIALTY STORES
8.5.1 INCREASING NEED FOR EFFECTIVE MARKETING STRATEGIES TO ATTRACT CUSTOMERS TO FOSTER MARKET GROWTH
TABLE 86 SPECIALTY STORES: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 87 SPECIALTY STORES: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
8.6 OTHERS
TABLE 88 OTHERS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 89 OTHERS: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
9 RETAIL AUTOMATION MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 39 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN RETAIL AUTOMATION MARKET BETWEEN 2024 AND 2029
TABLE 90 RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 91 RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 40 NORTH AMERICA: RETAIL AUTOMATION MARKET SNAPSHOT
TABLE 92 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 93 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 94 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD MILLION)
TABLE 95 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD MILLION)
TABLE 96 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 97 NORTH AMERICA: RETAIL AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
9.2.1 IMPACT OF RECESSION ON RETAIL AUTOMATION MARKET IN NORTH AMERICA
9.2.2 US
9.2.2.1 Increasing automation to streamline retail operations and enhance customer experience to fuel market growth
9.2.3 CANADA
9.2.3.1 Need to reduce waiting times and improve operational accuracy to contribute to market growth
9.2.4 MEXICO
9.2.4.1 Increased foreign investments to drive market
9.3 EUROPE
FIGURE 41 EUROPE: RETAIL AUTOMATION MARKET SNAPSHOT
TABLE 98 EUROPE: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 99 EUROPE: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 100 EUROPE: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD MILLION)
TABLE 101 EUROPE: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD MILLION)
TABLE 102 EUROPE: RETAIL AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 103 EUROPE: RETAIL AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
9.3.1 IMPACT OF RECESSION ON RETAIL AUTOMATION MARKET IN EUROPE
9.3.2 GERMANY
9.3.2.1 Favorable government initiatives supporting adoption of retail automation to support market growth
9.3.3 UK
9.3.3.1 Increased adoption by supermarkets and departmental stores to drive demand
9.3.4 FRANCE
9.3.4.1 High demand for intelligent material handling in warehouses to foster market growth
9.3.5 REST OF EUROPE
9.4 ASIA PACIFIC
FIGURE 42 ASIA PACIFIC: RETAIL AUTOMATION MARKET SNAPSHOT
TABLE 104 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 105 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 106 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD MILLION)
TABLE 107 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD MILLION)
TABLE 108 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 109 ASIA PACIFIC: RETAIL AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
9.4.1 IMPACT OF RECESSION ON RETAIL AUTOMATION MARKET IN ASIA PACIFIC
9.4.2 CHINA
9.4.2.1 Rising adoption of smart retail concepts to fuel market growth
9.4.3 JAPAN
9.4.3.1 Aging population and staff shortage to drive demand
9.4.4 SOUTH KOREA
9.4.4.1 Escalating labor expenses to contribute to market growth
9.4.5 REST OF ASIA PACIFIC
9.5 ROW
TABLE 110 ROW: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 111 ROW: RETAIL AUTOMATION MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 112 ROW: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD MILLION)
TABLE 113 ROW: RETAIL AUTOMATION MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD MILLION)
TABLE 114 ROW: RETAIL AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 115 ROW: RETAIL AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.5.1 IMPACT OF RECESSION ON RETAIL AUTOMATION MARKET IN ROW
9.5.2 SOUTH AMERICA
9.5.2.1 Changing consumer preferences to drive market
9.5.3 MIDDLE EAST & AFRICA
9.5.3.1 Attractive opportunities due to rapid urbanization and increasing consumer demand to drive market
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023
TABLE 116 OVERVIEW OF STRATEGIES DEPLOYED BY KEY RETAIL AUTOMATION SOLUTION MANUFACTURERS, 2020–2023
10.3 REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022
FIGURE 43 FIVE-YEAR REVENUE ANALYSIS OF KEY PLAYERS IN RETAIL AUTOMATION MARKET
10.4 MARKET SHARE ANALYSIS, 2023
TABLE 117 RETAIL AUTOMATION MARKET: DEGREE OF COMPETITION, 2023
FIGURE 44 MARKET SHARE ANALYSIS OF PLAYERS IN RETAIL AUTOMATION MARKET
10.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 45 COMPANY VALUATION (USD BILLION), 2022
FIGURE 46 FINANCIAL METRICS (EV/EBITDA), 2023
10.6 BRAND COMPARISON
FIGURE 47 BRAND/PRODUCT COMPARISON
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.7.1 STARS
10.7.2 EMERGING LEADERS
10.7.3 PERVASIVE PLAYERS
10.7.4 PARTICIPANTS
FIGURE 48 RETAIL AUTOMATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
10.7.5.1 Company footprint
FIGURE 49 OVERALL, COMPANY FOOTPRINT
10.7.5.2 Region footprint
TABLE 118 RETAIL AUTOMATION MARKET: COMPANY REGION FOOTPRINT
10.7.5.3 End user footprint
TABLE 119 RETAIL AUTOMATION MARKET: BY END USER FOOTPRINT
10.7.5.4 Product type footprint
TABLE 120 RETAIL AUTOMATION MARKET: BY PRODUCT TYPE FOOTPRINT
10.7.5.5 Implementation type footprint
TABLE 121 RETAIL AUTOMATION MARKET: BY IMPLEMENTATION TYPE FOOTPRINT
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
10.8.1 PROGRESSIVE COMPANIES
10.8.2 RESPONSIVE COMPANIES
10.8.3 DYNAMIC COMPANIES
10.8.4 STARTING BLOCKS
FIGURE 50 RETAIL AUTOMATION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/ SMES), 2023
10.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
10.8.5.1 List of key startups/SMEs
TABLE 122 RETAIL AUTOMATION MARKET: LIST OF KEY STARTUPS/SMES
10.8.5.2 Competitive benchmarking of key startups/SMEs
TABLE 123 RETAIL AUTOMATION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
10.9 COMPETITIVE SCENARIOS AND TRENDS
10.9.1 PRODUCT LAUNCHES
TABLE 124 RETAIL AUTOMATION MARKET: PRODUCT LAUNCHES, JUNE 2022? NOVEMBER 2023
10.9.2 DEALS
TABLE 125 RETAIL AUTOMATION MARKET: DEALS, MARCH 2020–AUGUST 2023
10.9.3 EXPANSIONS
TABLE 126 RETAIL AUTOMATION MARKET: EXPANSIONS, OCTOBER 2022–DECEMBER 2022
11 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1 KEY PLAYERS
11.1.1 HONEYWELL INTERNATIONAL INC.
TABLE 127 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 51 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 128 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 129 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 130 HONEYWELL INTERNATIONAL INC.: DEALS
11.1.2 NCR VOYIX CORPORATION
TABLE 131 NCR VOYIX CORPORATION: COMPANY OVERVIEW
FIGURE 52 NCR VOYIX CORPORATION: COMPANY SNAPSHOT
TABLE 132 NCR VOYIX CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 133 NCR VOYIX CORPORATION: DEALS
11.1.3 DIEBOLD NIXDORF, INCORPORATED.
TABLE 134 DIEBOLD NIXDORF, INCORPORATED: COMPANY OVERVIEW
FIGURE 53 DIEBOLD NIXDORF, INCORPORATED: COMPANY SNAPSHOT
TABLE 135 DIEBOLD NIXDORF, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 136 DIEBOLD NIXDORF, INCORPORATED: DEALS
11.1.4 ZEBRA TECHNOLOGIES CORP.
TABLE 137 ZEBRA TECHNOLOGIES CORP.: COMPANY OVERVIEW
FIGURE 54 ZEBRA TECHNOLOGIES CORP.: COMPANY SNAPSHOT
TABLE 138 ZEBRA TECHNOLOGIES CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 139 ZEBRA TECHNOLOGIES CORP.: PRODUCT LAUNCHES
11.1.5 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.
TABLE 140 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
FIGURE 55 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
TABLE 141 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 142 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES
TABLE 143 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: DEALS
11.1.6 NXP SEMICONDUCTORS
TABLE 144 NXP SEMICONDUCTORS: COMPANY OVERVIEW
FIGURE 56 NXP SEMICONDUCTORS: COMPANY SNAPSHOT
TABLE 145 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 146 NXP SEMICONDUCTORS: PRODUCT LAUNCHES
TABLE 147 NXP SEMICONDUCTORS: DEALS
11.1.7 DAHUA TECHNOLOGY CO., LTD.
TABLE 148 DAHUA TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
FIGURE 57 DAHUA TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
TABLE 149 DAHUA TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 150 DAHUA TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES
TABLE 151 ZHEJIANG DAHUA TECHNOLOGY CO., LTD.: DEALS
11.1.8 DAIFUKU CO., LTD.
TABLE 152 DAIFUKU CO., LTD.: COMPANY OVERVIEW
FIGURE 58 DAIFUKU CO., LTD.: COMPANY SNAPSHOT
TABLE 153 DAIFUKU CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 154 DAIFUKU CO., LTD.: DEALS
TABLE 155 DAIFUKU CO., LTD.: EXPANSIONS
11.1.9 KION GROUP AG
TABLE 156 KION GROUP AG: COMPANY OVERVIEW
FIGURE 59 KION GROUP AG: COMPANY SNAPSHOT
TABLE 157 KION GROUP AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 158 KION GROUP AG: DEALS
TABLE 159 KION GROUP AG: EXPANSIONS
11.1.10 AVERY DENNISON CORPORATION
TABLE 160 AVERY DENNISON CORPORATION: COMPANY OVERVIEW
FIGURE 60 AVERY DENNISON CORPORATION: COMPANY SNAPSHOT
TABLE 161 AVERY DENNISON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 162 AVERY DENNISON CORPORATION: PRODUCT LAUNCHES
TABLE 163 AVERY DENNISON CORPORATION: DEALS
TABLE 164 AVERY DENNISON CORPORATION: OTHER DEVELOPMENTS
11.2 OTHER PLAYERS
11.2.1 PRICER
11.2.2 DISPLAYDATA LTD.
11.2.3 DATALOGIC S.P.A
11.2.4 IMPINJ, INC.
11.2.5 GLORY LTD.
11.2.6 VERIFONE, INC.
11.2.7 KUKA AG
11.2.8 AXIS COMMUNICATIONS AB
11.2.9 BOSCH SICHERHEITSSYSTEME GMBH
11.2.10 KIOSK INFORMATION SYSTEMS
11.2.11 TOYOTA INDUSTRIES CORPORATION
11.2.12 ALIEN TECHNOLOGY, LLC
11.2.13 VUSIONGROUP (SES-IMAGOTAG)
11.2.14 SOLUM
11.2.15 MOJIX
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
