PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1401141
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1401141
Asia Pacific Smart Warehousing Market, By Component ; By Technology ; By Warehouse Size ; By Application ; By Country ; Trend Analysis, Competitive Landscape & Forecast, 2019-2029
Asia Pacific Smart Warehousing Market Size More Than Doubles to Touch USD 7.47 Billion by 2029
Asia Pacific Smart Warehousing Market is gaining traction because of a surging demand for improved visibility and traceability and increasing adoption of industry 4.0 technologies.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Asia Pacific Smart Warehousing Market size at USD 3.71 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Asia Pacific Smart Warehousing Market size to grow at a CAGR of 12.37% reaching a value of USD 7.47 billion by 2029. A growing e-commerce industry and the increasing use of automation and robots in the warehouse sector are key growth drivers for the Asia Pacific Smart warehouse market. Moreover, over the forecast period, it is expected that the growing emphasis on reducing carbon emissions will offer profitable growth opportunities to the Asia Pacific Smart Warehousing Market.
Opportunity: Rising Adoption of Innovative Technological Advancements
Technology companies are increasing their efforts in R&D and new product development to address the diverse needs of the warehousing sector, as the market for smart warehousing is growing across the Asia Pacific region. For instance, Alibaba Group-owned Chinese logistics firm Cainiao has unveiled smart warehousing solutions that are stated to reach 99% efficiency in package handling and sortation. The firm also announced the opening of a 20,000-square-meter smart warehouse in Southeast Asia, partnered with Flash Express in Thailand. The warehouse is outfitted with more than 100 AGVs to enhance automation capabilities. It is projected that throughout the period in analysis, these advancements will strengthen the Asia Pacific smart warehousing market.
Asia Pacific Smart Warehousing Market - By Technology
Based on technology, the Asia Pacific Smart Warehousing Market is segmented into automated guided vehicles (AGV), IoT and analytics, RFID, AI in warehouses, blockchain, and others. AGVs account for the highest share of the Asia Pacific Smart Warehousing Market by technology. The AGV technology is capable of reducing labor and improving workflow in inventory management. Various types of AGVs, such as stackers, tow tractors, and pallet handlers, are employed to overcome the shortage of labor in warehousing, which has significantly contributed to its growth in the Asia Pacific Smart Warehousing Market.
Impact of Escalating Geopolitical Tensions on Asia Pacific Smart Warehousing Market
The intensifying geopolitical tensions in the world disrupted the growth of the Asia Pacific smart warehousing market. The raging war between Israel and Palestine sends shockwaves across various industries, particularly in the Middle Eastern countries, transcending geographic boundaries and affecting businesses globally. The conflict between Israel and Palestine has been a longstanding, deeply entrenched geopolitical issue. On October 07, 2023, Hamas, a Palestinian military organization, in a surprise and heavy attack, struck Israel with thousands of rockets and infiltrations. In response, the prime minister of Israel declared war against Hamas and anticipated that the war would be 'long and difficult.' As of November 22, 2023, it was estimated that more than 14,500 people had been killed in Gaza since the start of the war.
The conflict between Israel and Palestine disrupted the semiconductor production in Israel, which is a crucial component in various advanced technologies, such as IoT sensors. Organic semiconductor integrated circuits are required for some IoT applications. A smart warehousing facility is established through smart sensors, robots, scanners, and other equipment. However, the shortage of semiconductors due to lack of production and disruptions in the supply chain is directly hindering the adoption of smart warehousing in the APAC region.
Competitive Landscape
Major players operating in the Asia Pacific Smart Warehousing Market include IBM Corporation, Oracle Corporation, SAP SE, Infor, Inc., Softeon, Manhattan Associates, Inc., PTC, Inc., Tecsys, Inc., Epicor Software Corporation, and Toshiba Global. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Asia Pacific Smart Warehousing Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Asia Pacific Smart Warehousing Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Asia Pacific Smart Warehousing Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Surging Demand for Improved Visibility and Traceability
- 3.2.1.2. Increasing Adoption of Industry 4.0 Technologies
- 3.2.2. Restraints
- 3.2.2.1. Initial High Investment Cost Required for Implementing Smart Warehouse Technologies
- 3.2.2.2. Lack of Skilled Workforce
- 3.2.3. Opportunities
- 3.2.3.1. Rapid Adoption of Technological Advancements
- 3.2.3.2. Growing Automotive Industry
- 3.2.4. Challenges
- 3.2.4.1. Increasing Security and Privacy Concern
- 3.2.4.2. Sustainability and Environmental Concerns
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Asia Pacific Smart Warehousing Market Overview
- 4.1. Market Size & Forecast by Value & Volume, 2019-2029
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share & Forecast
- 4.2.1. By Component
- 4.2.1.1. Hardware
- 4.2.1.2. Solution
- 4.2.1.3. Services
- 4.2.2. By Technology
- 4.2.2.1. Automated Guided Vehicles (AGVs)
- 4.2.2.2. IoT & Analytics
- 4.2.2.3. RFID
- 4.2.2.4. AI in Warehouse
- 4.2.2.5. Blockchain & Others
- 4.2.3. By Warehouse Size
- 4.2.3.1. Small
- 4.2.3.2. Medium
- 4.2.3.3. Large
- 4.2.4. By Application
- 4.2.4.1. Transport Management
- 4.2.4.2. Inventory & Order Management
- 4.2.4.3. Yard & Shipping Management
- 4.2.4.4. Labor Management
- 4.2.4.5. Others
- 4.2.5. By Country
- 4.2.5.1. China
- 4.2.5.2. India
- 4.2.5.3. Japan
- 4.2.5.4. South Korea
- 4.2.5.5. Australia & New Zealand
- 4.2.5.6. Indonesia
- 4.2.5.7. Malaysia
- 4.2.5.8. Singapore
- 4.2.5.9. Vietnam
- 4.2.5.10. Rest of APAC
- 4.2.1. By Component
5. China Smart Warehousing Market Overview
- 5.1. Market Size & Forecast by Value & Volume, 2019-2029
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Component
- 5.2.2. By Technology
- 5.2.3. By Warehouse Size
- 5.2.4. By Application
6. India Smart Warehousing Market Overview
- 6.1. Market Size & Forecast by Value & Volume, 2019-2029
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Component
- 6.2.2. By Technology
- 6.2.3. By Warehouse Size
- 6.2.4. By Application
7. Japan Smart Warehousing Market Overview
- 7.1. Market Size & Forecast by Value & Volume, 2019-2029
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Component
- 7.2.2. By Technology
- 7.2.3. By Warehouse Size
- 7.2.4. By Application
8. South Korea Smart Warehousing Market Overview
- 8.1. Market Size & Forecast by Value & Volume, 2019-2029
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Component
- 8.2.2. By Technology
- 8.2.3. By Warehouse Size
- 8.2.4. By Application
9. Australia & New Zealand Smart Warehousing Market Overview
- 9.1. Market Size & Forecast by Value & Volume, 2019-2029
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Component
- 9.2.2. By Technology
- 9.2.3. By Warehouse Size
- 9.2.4. By Application
10. Indonesia Smart Warehousing Market Overview
- 10.1. Market Size & Forecast by Value & Volume, 2019-2029
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Component
- 10.2.2. By Technology
- 10.2.3. By Warehouse Size
- 10.2.4. By Application
11. Malaysia Smart Warehousing Market Overview
- 11.1. Market Size & Forecast by Value & Volume, 2019-2029
- 11.1.1. By Value (USD Billion)
- 11.2. Market Share & Forecast
- 11.2.1. By Component
- 11.2.2. By Technology
- 11.2.3. By Warehouse Size
- 11.2.4. By Application
12. Singapore Smart Warehousing Market Overview
- 12.1. Market Size & Forecast by Value & Volume, 2019-2029
- 12.1.1. By Value (USD Billion)
- 12.2. Market Share & Forecast
- 12.2.1. By Component
- 12.2.2. By Technology
- 12.2.3. By Warehouse Size
- 12.2.4. By Application
13. Vietnam Smart Warehousing Market Overview
- 13.1. Market Size & Forecast by Value & Volume, 2019-2029
- 13.1.1. By Value (USD Billion)
- 13.2. Market Share & Forecast
- 13.2.1. By Component
- 13.2.2. By Technology
- 13.2.3. By Warehouse Size
- 13.2.4. By Application
14. Rest of APAC Smart Warehousing Market Overview
- 14.1. Market Size & Forecast by Value & Volume, 2019-2029
- 14.1.1. By Value (USD Billion)
- 14.2. Market Share & Forecast
- 14.2.1. By Component
- 14.2.2. By Technology
- 14.2.3. By Warehouse Size
- 14.2.4. By Application
15. Competitive Landscape
- 15.1. List of Key Players and Their Offerings
- 15.2. Asia Pacific Smart Warehousing Company Market Share Analysis, 2022
- 15.3. Competitive Benchmarking, By Operating Parameters
- 15.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
16. Impact of Covid-19 on Asia Pacific Smart Warehousing Market
17. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook and SWOT Analysis)
- 17.1. IBM Corporation
- 17.2. Oracle Corporation
- 17.3. SAP SE
- 17.4. Infor, Inc.
- 17.5. Softeon
- 17.6. Manhattan Associates, Inc.
- 17.7. PTC, Inc.
- 17.8. Tecsys, Inc.
- 17.9. Epicor Software Corporation
- 17.10. Toshiba Global
- 17.11. Other Prominent Players
18. Key Strategic Recommendations
19. Research Methodology
- 19.1. Qualitative Research
- 19.1.1. Primary & Secondary Research
- 19.2. Quantitative Research
- 19.3. Market Breakdown & Data Triangulation
- 19.3.1. Secondary Research
- 19.3.2. Primary Research
- 19.4. Breakdown of Primary Research Respondents, By Region
- 19.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 Asia Pacific Smart Warehousing Market Segmentation
- Figure 2 Asia Pacific Smart Warehousing Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Asia Pacific Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 5 Asia Pacific Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 6 Asia Pacific Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 7 Asia Pacific Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 8 Asia Pacific Smart Warehousing Market Share, By Application, By Value, 2019-2029
- Figure 9 Asia Pacific Smart Warehousing Market Share, By Country, By Value, 2019-2029
- Figure 10 China Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 11 China Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 12 China Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 13 China Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 14 China Smart Warehousing Market Share, By Application, By Value, 2019-2029
- Figure 15 India Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 16 India Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 17 India Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 18 India Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 19 India Smart Warehousing Market Share, By Application, By Value, 2019-2029
- Figure 20 Japan Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 21 Japan Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 22 Japan Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 23 Japan Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 24 Japan Smart Warehousing Market Share, By Application, By Value, 2019-2029
- Figure 25 South Korea Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 26 South Korea Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 27 South Korea Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 28 South Korea Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 29 South Korea Smart Warehousing Market Share, By Application, By Value, 2019-2029
- Figure 30 Australia & New Zealand Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 31 Australia & New Zealand Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 32 Australia & New Zealand Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 33 Australia & New Zealand Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 34 Australia & New Zealand Smart Warehousing Market Share, By Application, By Value, 2019-2029
- Figure 35 Indonesia Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 36 Indonesia Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 37 Indonesia Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 38 Indonesia Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 39 Indonesia Smart Warehousing Market Share, By Application, By Value, 2019-2029
- Figure 40 Malaysia Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 41 Malaysia Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 42 Malaysia Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 43 Malaysia Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 44 Malaysia Smart Warehousing Market Share, By Application, By Value, 2019-2029
- Figure 45 Singapore Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 46 Singapore Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 47 Singapore Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 48 Singapore Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 49 Singapore Smart Warehousing Market Share, By Application, By Value, 2019-2029
- Figure 50 Vietnam Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 51 Vietnam Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 52 Vietnam Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 53 Vietnam Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 54 Vietnam Smart Warehousing Market Share, By Application, By Value, 2019-2029
- Figure 55 Rest of Asia Pacific Smart Warehousing Market Size, By Value (USD Billion), 2019-2029
- Figure 56 Rest of Asia Pacific Smart Warehousing Market Share, By Component, By Value, 2019-2029
- Figure 57 Rest of Asia Pacific Smart Warehousing Market Share, By Technology, By Value, 2019-2029
- Figure 58 Rest of Asia Pacific Smart Warehousing Market Share, By Warehouse Size, By Value, 2019-2029
- Figure 59 Rest of Asia Pacific Smart Warehousing Market Share, By Application, By Value, 2019-2029
List of Tables
- Table 1 Asia Pacific Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 2 Asia Pacific Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 3 Asia Pacific Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 4 Asia Pacific Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 5 Asia Pacific Smart Warehousing Market Size, By Country, By Value, 2019-2029
- Table 6 China Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 7 China Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 8 China Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 9 China Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 10 India Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 11 India Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 12 India Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 13 India Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 14 Japan Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 15 Japan Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 16 Japan Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 17 Japan Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 18 South Korea Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 19 South Korea Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 20 South Korea Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 21 South Korea Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 22 Australia & New Zealand Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 23 Australia & New Zealand Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 24 Australia & New Zealand Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 25 Australia & New Zealand Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 26 Indonesia Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 27 Indonesia Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 28 Indonesia Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 29 Indonesia Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 30 Malaysia Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 31 Malaysia Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 32 Malaysia Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 33 Malaysia Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 34 Singapore Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 35 Singapore Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 36 Singapore Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 37 Singapore Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 38 Vietnam Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 39 Vietnam Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 40 Vietnam Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 41 Vietnam Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 42 Rest of Asia Pacific Smart Warehousing Market Size, By Component, By Value, 2019-2029
- Table 43 Rest of Asia Pacific Smart Warehousing Market Size, By Technology, By Value, 2019-2029
- Table 44 Rest of Asia Pacific Smart Warehousing Market Size, By Warehouse Size, By Value, 2019-2029
- Table 45 Rest of Asia Pacific Smart Warehousing Market Size, By Application, By Value, 2019-2029
- Table 46 IBM Corporation Company Overview
- Table 47 IBM Corporation Financial Overview
- Table 48 Oracle Corporation Company Overview
- Table 49 Oracle Corporation Financial Overview
- Table 50 SAP SE Company Overview
- Table 51 SAP SE Financial Overview
- Table 52 Infor, Inc. Company Overview
- Table 53 Infor, Inc. Financial Overview
- Table 54 Softeon Company Overview
- Table 55 Softeon Financial Overview
- Table 56 Manhattan Associates, Inc. Company Overview
- Table 57 Manhattan Associates, Inc. Financial Overview
- Table 58 PTC, Inc. Company Overview
- Table 59 PTC, Inc. Financial Overview
- Table 60 Tecsys, Inc. Company Overview
- Table 61 Tecsys, Inc. Financial Overview
- Table 62 Epicor Software Corporation Company Overview
- Table 63 Epicor Software Corporation Financial Overview
- Table 64 Toshiba Global Company Overview
- Table 65 Toshiba Global Financial Overview
