Pune, India -- (SBWIRE) -- 04/05/2018 -- Market Scenario

The factors that drive the market growth are increasing demand of quick services at the reasonable price, big retail giants are investing in automated retail, increasing purchasing interest, adoption of retail automation components to optimize operations, and others. There are many national brands and retailers who are looking forward for building up the brand awareness and expansion of their business. These retailers wants to reach every corner across the world with minimum investment and low costs of entry. ZoomShops and Redbox are some of examples which offers these services.

The global Retail Automation Market is bifurcated into type, component, components, end-users, and region. The type includes autonomous guided vehicle, point of sale, automatic storage and retrieval, barcode & RFID, electronic shelf labels, automated conveyor and others. The components includes hardware, software, services, and others. The end-users includes hypermarkets, retail pharmacies, supermarkets, single item stores, fuel stations and others. The region includes North America, Europe, Asia Pacific and rest of the world.
The global Retail Automation Market is expected to grow at USD ~18 Billion by 2023, at ~11% of CAGR between 2017 and 2023.

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Global Retail automation Market Segmentation

The global retail automation market are bifurcated into type, component, components, end-users, and region. The type includes autonomous guided vehicle, point of sale, automatic storage and retrieval, barcode & RFID, electronic shelf labels, automated conveyor and others. The components includes hardware, software, services, and others. The end-users includes hypermarkets, retail pharmacies, supermarkets, single item stores, fuel stations and others. The region includes North America, Europe, Asia Pacific and rest of the world.

Market Research Analysis:

On geographic basis, global Retail automation market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the retail automation market due to the major companies including Toshiba Global Commerce Solutions Inc. (US), Honeywell Scanning and Mobility (US), are investing in providing better services at the fastest way to the customers. In this market, Europe is to be estimated to be the second largest market share for retail automation during the forecast period.

Key Players:

The prominent players in the global retail automation market are – Fujitsu Limited (Japan), Toshiba Global Commerce Solutions Inc. (US), Honeywell Scanning and Mobility (US), Posiflex Technology, Inc. (Taiwan), E&K Automation GmbH (Germany), First Data Corporation (US), Kuka AG (Germany), Wincor Nixdorf AG (Germany), Zebra Technologies Corporation (US), NCR Corporation (US), and Kiosk & Display LLC (US) among others.

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Intended Audience

- Semiconductor component manufacturers and distributors
- Technology consultants and system integrators
- Equipment distributors and suppliers
- Research and development companies
- Market research and consulting firms
- Technology standards organizations
- Technology investors
- System Integrators

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