North America Micro Fulfillment Centers Market Size and Forecast (2020-2030)
North America Micro Fulfillment Centers Market Size and Forecast (2020 – 2030) Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Warehouse Size (Less than 5000 Sq Ft, Between 5000 Sq Ft and 25000 Sq Ft, and More than 25000 Sq Ft), Technology Solution (Cube Storage, Shuttle Based, AMR Based, and Others), End User (Grocery Omni Channel, Pure Play E-Commerce/Q-Commerce, Retail Omni Channel, and Others), Retail Omni Channel (Pharmaceutical, Health & Beauty, Food & Beverage, Apparel, Consumer Electronics, Automotive Parts & Accessories, Toys/Hobbies, Hardware/Home Improvement, Sporting Goods, Houseware & Home Furnishings, and Jewelry), and Country
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- Table of Contents
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- List of Companies
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Description
Warehouse Automation
The demand for automation in the warehouse industry is one of the major trends catalyzing the growth of the micro fulfillment centers market. Micro fulfillment centers require a lot of automation systems for better performance and effective goods handling. Different types of systems deployed across any of the micro fulfillment centers include automated sortation systems, automated guided vehicles, warehouse management systems, collaborative robots, drones, conveyor systems, mechanized automation, and voice picking. These systems allow the facilities to operate with minimal manpower.
The Canadian retail sector has been witnessing strong growth in terms of sales, revenues, number of businesses, innovations in the business models, and association of new customers in the retail industry. In 2022, there were ~27 million e-commerce users across the whole country, which accounts for more than 75% of the total population of the country; the share is further expected to reach 78% by the end of 2025, according to Statistics Canada. In 2022, the retail e-commerce sales in Canada was around US$ 2.34 billion, which is further expected to reach an estimated value of nearly US$ 40 billion by the end of 2026. Small retailers across Canada are heavily investing in digital platforms to reach the maximum possible consumers while responding to intensifying competition from websites such as Amazon Canada. Thus, the proactive e-commerce and retail industries boost the growth of the micro fulfillment centers market in Canada.
Mexico has the presence of a large number of retailers, including domestic and international companies. However, a large part of the country’s retail sector has been acquired by international retail franchises such as Walmart de Mexico. According to the Mexican retailers’ association, there are more than 47,000 retail stores across the country. Currently, Mexico stands with a small share in terms of inline sales of products. According to the Mexican Online Sales Association, the domestic e-commerce market was valued at US$ 26.2 billion in 2022, representing a 23% increase over 2021. Mexico is positioned among the top 5 countries in the world in terms of e-commerce retail growth rate. Thus, the flourishing online and offline retail industries benefit the micro fulfillment centers market in Mexico.
The North America micro fulfillment centers market, based on end user has been segmented into grocery omni channel, pure play e-commerce/q-commerce, and retail omni channel. In 2022, grocery omni channel segment dominated the North America micro fulfillment centers market.
One of the major factors boosting the growth for grocery omni channel segment is the growth in demand for omnichannel order fulfilment and growing adoption of online grocery purchasing. Moreover, the grocery chains have also been focusing on providing innovative solutions and facilities to their customers such as online applications and home delivery options for the required grocery items. Moreover, the growing consumer focus on online shopping and purchasing along with need for home delivery options is one of the major factors boosting the growth for grocery omni channel segment in the North America micro fulfillment centers market.
Alert Innovation, Attabotics, Autostore, Bastian Solutions, Berkshire Grey, Davinci Micro Fulfillment, Dematic, Exotec, Fortna, Get Fabric, Hai Robotics, Hoj Innovations, Honeywell International, Kardex, Knapp AG, KPI Solutions, Locus Robotics, Nimble Robotics, Ocado Group, OPEX, Pacline Overhead Conveyors, PeakLogix, RightHand Robotics, StrongPoint, Swisslog, Symbiotic, Takeoff Technologies, TGW Logistic Group, The Hormann Group, and Urbx are the key micro fulfillment centers market players profiled during the market study. In addition to these players, several other important companies were studied and analyzed during this market research study to get a holistic overview of the North America micro fulfillment centers market.
Summary Info
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According to our latest market study on “North America Micro Fulfillment Centers Market Forecast to 2030 –Regional Analysis – Warehouse Size, Technology Solution, End User, and Retail Omni Channel,” the North America micro fulfillment centers market is expected to grow from US$ 356.88 million in 2022 to US$ 6,671.32 million by 2030; it is anticipated to grow at a CAGR of 44.20% from 2022 to 2030.
The e-commerce industry in North America is expected to garner a significant double-digit growth in the coming years. An increased inclination toward online shopping has been benefitting the micro fulfillment centers market growth, encouraging online businesses to deploy more micro fulfillment centers across different locations. Consumer behavior across North American countries has shifted from offline shopping to online shopping after the onset of the COVID-19 pandemic. In November 2023, the Census Bureau of the Department of Commerce estimated the total retail e-commerce sales for the third quarter of 2023 to be nearly US$ 284 billion, recording an increase of ~2.3% compared to the second quarter of 2023. Further, there has been a 7.6% rise in e-commerce sales in the third quarter of 2023 compared to the Q3 of 2022. Thus, the flourishing e-commerce industry presents tremendous growth opportunities for the North America micro fulfillment centers market size.
The North America micro fulfillment centers market size, based on end user, has been segmented into grocery omni channel, pure play e-commerce/q-commerce, and retail omni channel. In 2022, the grocery omni channel segment dominated the market. It is likely to retain its dominance in the North America micro fulfillment centers market share during the forecast period. The retail industry is highly sensitive to dynamically changing buyers’ behavior and technology landscape, and rapidly pacing globalization. Thus, the need for faster movement of goods is an important aspect for retailers. The automated storage solutions enable fast storage and retrieval of items even during peak timings, enabling retail companies to save time and cost. Also, these systems enable smooth pick up of items in large-volume orders in a short time, thus, saving labor costs. Other benefits such as efficient space utilization, improved inventory control, access rights to selected users, and clean storage conditions are the major factors propelling the installation of micro fulfillment center solutions in the retail industry. Automated order picking and storing jobs performed in micro fulfillment centers are expected to gain more popularity in the coming years, in turn, boosting the micro fulfillment centers market share in the retail sector.
Alert Innovation, Attabotics, Autostore, Bastian Solutions, Berkshire Grey, Davinci Micro Fulfillment, Dematic, Exotec, Fortna, Get Fabric, Hai Robotics, Hoj Innovations, Honeywell International, Kardex, Knapp AG, KPI Solutions, Locus Robotics, Nimble Robotics, Ocado Group, OPEX, Pacline Overhead Conveyors, PeakLogix, RightHand Robotics, StrongPoint, Swisslog, Symbiotic, Takeoff Technologies, TGW Logistic Group, The Hormann Group, and Urbx are among the prominent players in the North America micro fulfillment centers market. All these players are contributing to the micro fulfillment centers market growth through various strategic initiatives such as product launch, partnerships, agreements, and more.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America micro fulfillment centers market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the North America micro fulfillment centers market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Micro Fulfillment Centers Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Ecosystem Analysis
5. North America Micro Fulfillment Centers Market – Key Industry Dynamics
5.1 North America Micro Fulfillment Centers Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rising Focus on Reducing Waiting Time and Accelerating Goods Delivery Process
5.2.2 Growing E-Commerce Industry Across the North American Countries
5.3 Market Restraints
5.3.1 Higher Cost of Deployment and Space Limitations Across Highly Populated Cities
5.3.2 Increasing Carbon Footprint with Upsurge in Logistics and Other Activities
5.4 Market Opportunities
5.4.1 Construction of New Micro Fulfillment Centers
5.5 Future Trends
5.5.1 Warehouse Automation
5.6 Impact of Drivers and Restraints:
6. North America Micro Fulfillment Centers Market Analysis
6.1 Overview
6.2 North America Micro Fulfillment Centers Market Revenue (US$ Million), 2022 – 2030
6.3 North America Micro Fulfillment Centers Market Forecast and Analysis
7. North America Micro Fulfillment Centers Market Analysis – Warehouse Size
7.1 Less than 5000 Sq.Ft
7.1.1 Overview
7.1.2 Less than 5000 Sq.Ft Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Between 5000 Sq.Ft and 25000 Sq.Ft
7.2.1 Overview
7.2.2 Between 5000 Sq.Ft and 25000 Sq.Ft Market, Revenue and Forecast to 2030 (US$ Million)
7.3 More than 25000 Sq.Ft
7.3.1 Overview
7.3.2 More than 25000 Sq.Ft Market, Revenue and Forecast to 2030 (US$ Million)
8. North America Micro Fulfillment Centers Market Analysis – Technology Solution
8.1 Cube Storage
8.1.1 Overview
8.1.2 Cube Storage Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Shuttle Based
8.2.1 Overview
8.2.2 Shuttle Based Market, Revenue and Forecast to 2030 (US$ Million)
8.3 AMR Based
8.3.1 Overview
8.3.2 AMR Based Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. North America Micro Fulfillment Centers Market Analysis – End User
9.1 Grocery Omni Channel
9.1.1 Overview
9.1.2 Grocery Omni Channel Market, Revenue and Forecast to 2030 (US$ Million)
9.2 Pure Play E-Commerce/Q-Commerce
9.2.1 Overview
9.2.2 Pure Play E-Commerce/Q-Commerce Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Retail Omni Channel
9.3.1 Overview
9.3.2 Retail Omni Channel Market, Revenue and Forecast to 2030 (US$ Million)
10. North America Micro Fulfillment Centers Market – Country Analysis
10.1 North America
10.1.1 North America Micro Fulfillment Centers Market Revenue and Forecasts and Analysis – By Country
10.1.1.1 North America Micro Fulfillment Centers Market Revenue and Forecasts and Analysis – By Country
10.1.1.2 United States North America Micro Fulfillment Centers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 United States North America Micro Fulfillment Centers Market Breakdown by Warehouse Size
10.1.1.2.2 United States North America Micro Fulfillment Centers Market Breakdown by Technology Solution
10.1.1.2.3 United States North America Micro Fulfillment Centers Market Breakdown by End-user
10.1.1.2.4 United States North America Micro Fulfillment Centers Market Breakdown by Retail Omni Channel
10.1.1.3 Canada North America Micro Fulfillment Centers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Canada North America Micro Fulfillment Centers Market Breakdown by Warehouse Size
10.1.1.3.2 Canada North America Micro Fulfillment Centers Market Breakdown by Technology Solution
10.1.1.3.3 Canada North America Micro Fulfillment Centers Market Breakdown by End-user
10.1.1.3.4 Canada North America Micro Fulfillment Centers Market Breakdown by Retail Omni Channel
10.1.1.4 Mexico North America Micro Fulfillment Centers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Mexico North America Micro Fulfillment Centers Market Breakdown by Warehouse Size
10.1.1.4.2 Mexico North America Micro Fulfillment Centers Market Breakdown by Technology Solution
10.1.1.4.3 Mexico North America Micro Fulfillment Centers Market Breakdown by End-user
10.1.1.4.4 Mexico North America Micro Fulfillment Centers Market Breakdown by Retail Omni Channel
11. North America Micro Fulfillment Centers Market – Impact of COVID-19 Pandemic
11.1 Pre & Post Covid-19 Impact
12. Competitive Landscape
12.1 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Mergers & Acquisitions
14. Company Profiles
14.1 Walmart Advanced Systems & Robotics
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Symbotic Inc
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Takeoff Technologies Inc
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 TGW Logistics Group GmbH
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Hormann Intralogistics GmbH
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Urbx Inc
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Attabotics Inc
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 roducts and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 AutoStore Holdings Ltd
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Davinci Micro Fulfillment Inc
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Kardex Holding AG
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
14.11 Nimble Robotics Inc
14.11.1 Key Facts
14.11.2 Business Description
14.11.3 Products and Services
14.11.4 Financial Overview
14.11.5 SWOT Analysis
14.11.6 Key Developments
14.12 StrongPoint ASA
14.12.1 Key Facts
14.12.2 Business Description
14.12.3 Products and Services
14.12.4 Financial Overview
14.12.5 SWOT Analysis
14.12.6 Key Developments
14.13 Exotec SAS
14.13.1 Key Facts
14.13.2 Business Description
14.13.3 Products and Services
14.13.4 Financial Overview
14.13.5 SWOT Analysis
14.13.6 Key Developments
14.14 FORTNA Inc
14.14.1 Key Facts
14.14.2 Business Description
14.14.3 Products and Services
14.14.4 Financial Overview
14.14.5 SWOT Analysis
14.14.6 Key Developments
14.15 Get Fabric Inc
14.15.1 Key Facts
14.15.2 Business Description
14.15.3 Products and Services
14.15.4 Financial Overview
14.15.5 SWOT Analysis
14.15.6 Key Developments
14.16 Hai Robotics Co Ltd
14.16.1 Key Facts
14.16.2 Business Description
14.16.3 Products and Services
14.16.4 Financial Overview
14.16.5 SWOT Analysis
14.16.6 Key Developments
14.17 Hoj Innovations LLC
14.17.1 Key Facts
14.17.2 Business Description
14.17.3 Products and Services
14.17.4 Financial Overview
14.17.5 SWOT Analysis
14.17.6 Key Developments
14.18 KNAPP AG
14.18.1 Key Facts
14.18.2 Business Description
14.18.3 Products and Services
14.18.4 Financial Overview
14.18.5 SWOT Analysis
14.18.6 Key Developments
14.19 KPI Solutions
14.19.1 Key Facts
14.19.2 Business Description
14.19.3 Products and Services
14.19.4 Financial Overview
14.19.5 SWOT Analysis
14.19.6 Key Developments
14.20 OPEX Corp
14.20.1 Key Facts
14.20.2 Business Description
14.20.3 Products and Services
14.20.4 Financial Overview
14.20.5 SWOT Analysis
14.20.6 Key Developments
14.21 Pacline Conveyors Inc
14.21.1 Key Facts
14.21.2 Business Description
14.21.3 Products and Services
14.21.4 Financial Overview
14.21.5 SWOT Analysis
14.21.6 Key Developments
14.22 PeakLogix Inc
14.22.1 Key Facts
14.22.2 Business Description
14.22.3 Products and Services
14.22.4 Financial Overview
14.22.5 SWOT Analysis
14.22.6 Key Developments
14.23 RightHand Robotics Inc
14.23.1 Key Facts
14.23.2 Business Description
14.23.3 Products and Services
14.23.4 Financial Overview
14.23.5 SWOT Analysis
14.23.6 Key Developments
14.24 Swisslog Holding AG
14.24.1 Key Facts
14.24.2 Business Description
14.24.3 Products and Services
14.24.4 Financial Overview
14.24.5 SWOT Analysis
14.24.6 Key Developments
14.25 Bastian Solutions LLC
14.25.1 Key Facts
14.25.2 Business Description
14.25.3 Products and Services
14.25.4 Financial Overview
14.25.5 SWOT Analysis
14.25.6 Key Developments
14.26 Berkshire Grey Inc
14.26.1 Key Facts
14.26.2 Business Description
14.26.3 Products and Services
14.26.4 Financial Overview
14.26.5 SWOT Analysis
14.26.6 Key Developments
14.27 Dematic Corp
14.27.1 Key Facts
14.27.2 Business Description
14.27.3 Products and Services
14.27.4 Financial Overview
14.27.5 SWOT Analysis
14.27.6 Key Developments
14.28 Honeywell International Inc
14.28.1 Key Facts
14.28.2 Business Description
14.28.3 Products and Services
14.28.4 Financial Overview
14.28.5 SWOT Analysis
14.28.6 Key Developments
14.29 Locus Robotics Corp
14.29.1 Key Facts
14.29.2 Business Description
14.29.3 Products and Services
14.29.4 Financial Overview
14.29.5 SWOT Analysis
14.29.6 Key Developments
14.30 Ocado Group Plc
14.30.1 Key Facts
14.30.2 Business Description
14.30.3 Products and Services
14.30.4 Financial Overview
14.30.5 SWOT Analysis
14.30.6 Key Developments
15. Appendix
15.1 About The Insight Partners
LIST OF TABLES
Table 1. North America Micro Fulfillment Centers Market Segmentation
Table 2. North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Million) – Warehouse Size
Table 4. North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Million) – Technology Solution
Table 5. North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Million) – End-user
Table 6. North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Million) – Retail Omni Channel
Table 7. North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 8. United States North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By Warehouse Size
Table 9. United States North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By Technology Solution
Table 10. United States North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By End-user
Table 11. United States North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By Retail Omni Channel
Table 12. Canada North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By Warehouse Size
Table 13. Canada North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By Technology Solution
Table 14. Canada North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By End-user
Table 15. Canada North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By Retail Omni Channel
Table 16. Mexico North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By Warehouse Size
Table 17. Mexico North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By Technology Solution
Table 18. Mexico North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By End-user
Table 19. Mexico North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn) – By Retail Omni Channel
LIST OF FIGURES
Figure 1. North America Micro Fulfillment Centers Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. North America Micro Fulfillment Centers Market Revenue (US$ Million), 2022 – 2030
Figure 5. North America Micro Fulfillment Centers Market Share (%) – Warehouse Size, 2022 and 2030
Figure 6. Less than 5000 Sq.Ft Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Between 5000 Sq.Ft and 25000 Sq.Ft Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. More than 25000 Sq.Ft Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. North America Micro Fulfillment Centers Market Share (%) – Technology Solution, 2022 and 2030
Figure 10. Cube Storage Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Shuttle Based Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. AMR Based Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. North America Micro Fulfillment Centers Market Share (%) – End-user, 2022 and 2030
Figure 15. Grocery Omni Channel Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Pure Play E-Commerce/Q-Commerce Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Retail Omni Channel Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. North America Micro Fulfillment Centers Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 19. United States North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 20. Canada North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. Mexico North America Micro Fulfillment Centers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. Company Positioning & Concentration
The List of Companies – North America Micro Fulfillment Centers Market
o Alert Innovation
o Attabotics
o Autostore
o Bastian Solutions
o Berkshire Grey
o Davinci Micro Fulfillment
o Dematic
o Exotec
o Fortna
o Get Fabric
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