Retail Automation Market

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

Report Code: SE 2991 Feb, 2024, by marketsandmarkets.com

[236 Pages Report] 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. The market is experiencing growth driven by the increasing adoption of integrated automated technology by e-commerce warehouses. However, challenges such as growing cybersecurity threats with the adoption of automation technology hinder market growth. Despite these hurdles, opportunities emerge from the enhanced retail experience for customers by leveraging automation technologies.

Retail Automation Market

Retail Automation Markett Forecast to 2029

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Retail Automation Market Dynamics

Driver: Minimized labor costs by embracing automation

In the rapidly evolving landscape of the retail automation industry, the prospect of cost savings through minimizing labor costs stands out as a transformative opportunity for businesses seeking enhanced efficiency and competitiveness. The adoption of advanced technologies has paved the way for streamlined operations, offering retailers a strategic advantage in optimizing their workforce and reducing associated expenses.

Restraint: Regular maintenance and support of automated equipment

In retail automation, where technology is the driving force behind enhanced efficiency and customer experiences, the regular maintenance and support of systems is important. While these practices are essential for ensuring the operation of automated systems, they present a notable restraint for retailers navigating the intricacies of a rapidly evolving industry. The challenge lies in the potential for operational disruptions during maintenance activities. Retailers often face the dilemma of temporarily closing stores or sections for maintenance. This interruption in operations can lead to revenue loss and impact customer satisfaction, necessitating a delicate balance between the need for upkeep and the demand for continuous service.

Opportunity: Increased transparency in supply chain management by adopting retail automation

The integration of automation fosters communication and collaboration across the supply chain. Automated communication tools and software platforms enable seamless information exchange between suppliers, manufacturers, distributors, and retailers. This enhanced connectivity facilitates quicker response times to changes in demand, supply chain disruptions, and market trends. As a result, retailers can make data-driven decisions, reduce lead times, and ensure a more agile and responsive supply chain.

Challenge: Growing cybersecurity threats with the adoption of automation technology

The growing adoption of automation in the retail sector has brought about a surge in cybersecurity threats. With interconnected systems and digital platforms becoming integral to operations, malicious actors exploit vulnerabilities to steal sensitive data and disrupt processes. This heightened risk poses a significant restraint on the retail automation market, as businesses face the challenge of ensuring robust security measures while leveraging automation to streamline operations and enhance customer experiences.

Retail Automation Market Ecosystem

Leading players in the market include Honeywell International Inc. (US) NCR VOYIX Corporation. (US), Diebold Nixdorf, Incorporated. (US), Zebra Technologies Corp. (US), Hangzhou Hikvision Digital Technology Co., Ltd.  (China), NXP Semiconductors. (Netherlands), Dahua Technology Co., Ltd (China), Daifuku Co., Ltd. (Japan), KION GROUP AG (Germany), AVERY DENNISON CORPORATION (US), and many more.

Retail Automation Market Segmentation

Retail Automation Market by Segmentation

POS systems by product type to witness the highest CAGR during the forecast period.

The growth of point-of-sale (POS) systems in retail automation is driven by their ability to enhance customer experience, streamline operations, and provide valuable data insights. With features like advanced inventory management and real-time data analytics, modern POS systems help retailers optimize stock levels, reduce costs, and improve customer service. Cloud-based solutions offer flexibility and scalability, allowing businesses of all sizes to benefit from these features.

The hypermarkets segment is estimated to account for the largest market share during the forecast period.

By end user, hypermarkets are expected to have the biggest market share in 2024. Supermarkets, hypermarkets, and department shops often have a higher customer flow and purchase volume than any other form of retail store. The growth of retail automation in hypermarkets is driven by the need for operational efficiency and improved customer experience.

Warehouse retail automation exhibits the highest market share in retail automation market.

Retail automation in warehouses is growing due to increasing demand for efficiency and accuracy in inventory management. Automation technologies such as robotic picking systems, automated conveyor belts, and inventory tracking software help optimize warehouse operations, reduce errors, and enhance productivity. Retailers are investing in automation to handle larger volumes of orders and meet customer expectations for fast and accurate deliveries.

Retail Automation market in the Asia Pacific region to exhibit the highest CAGR during the forecast period.

Retail automation in warehouses is growing due to increasing demand for efficiency and accuracy in inventory management. Automation technologies such as robotic picking systems, automated conveyor belts, and inventory tracking software help optimize warehouse operations, reduce errors, and enhance productivity.  The region is also home to rapidly growing cities and urban areas with increasing disposable incomes. This has led to a significant increase in retail activity, creating a demand for automated solutions to manage large volumes of sales and inventory efficiently.

Retail Automation Market
 by Region

Retail Automation Market by Region

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Key Market Players

 The retail automation companies is dominated by players such as Global | Honeywell (US), NCR VOYIX Global – Digital Banking, POS Systems, Payment Solutions (US), Bank Innovation – Retail Technology | Diebold Nixdorf  (US), Zebra Technologies | Visible. Connected. Optimized. | Zebra (US),  Hikvision - Leading Video AIoT Solutions & Services Provider  (China), and others.

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Scope of the Report

Report Metric

Details

Market size available for years

2020-2029

Base year considered

2023

Forecast period

2024-2029

Forecast units

Value (USD Million/Billion)

Segments Covered

By Product Type; Implementation Type; By End User and Region.

Geographies covered

North America, Europe, Asia Pacific, and Rest of the world (RoW)

Companies covered

The major market players include Honeywell International Inc. (US) NCR VOYIX Corporation. (US), Diebold Nixdorf, Incorporated. (US), Zebra Technologies Corp. (US), Hangzhou Hikvision Digital Technology Co., Ltd.  (China), NXP Semiconductors. (Netherlands), Dahua Technology Co., Ltd (China), Daifuku Co., Ltd. (Japan), KION GROUP AG (Germany), AVERY DENNISON CORPORATION (US), and many more. (A total of 25 players are profiled)

Retail Automation Market Highlights

The study categorizes the Retail Automation market based on the following segments:

Segment

Subsegment

By Product Type

  • Point-of-sale (POS) Systems
  • Automated Identification Systems
  • Electronic Shelf Labels
  • Cameras
  • Robots
  • Automated Guided Vehicles
  • Automated Storage and Retrieval Systems
  • Conveyor & Sortation Systems

By Implementation Type

  • In-store
  • Warehouse

By End User

  • Hypermarkets
  • Supermarkets
  • Non-food Retail Stores
  • Specialty Stores
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • RoW

Recent Developments

  • In August 2023, NCR VOYIX Corporation (US) partnered with Autobooks Inc.,(US)   a cloud-based accounting software provider. The partnership integrated Autobooks’ accounting software with NCR VOYIX’s payment processing platform, NCR VOYIX Payments. This integration enables small businesses to accept payments, manage their finances, and track their sales in one place..
  • In June 2023, Zebra Technologies introduced the TC22/TC27 mobile computer, catering to enterprises seeking enhanced manageability and productivity. The TC22/TC27 mobile computer is particularly well-suited for small and medium-sized businesses (SMBs) across industries such as retail, sports and entertainment, transport and logistics, utilities, and field services. This device comes equipped with a comprehensive suite of Zebra Mobility DNA tools for device management and security, with the option to upgrade to Mobility DNA Enterprise and support for upgrades up to Android 16. Zebra's value-added features, such as Tap to Pay, Device Tracker for preventing and recovering lost devices, Workstation Connect, and RFID capability through the RFD40 UHF RFID Sled, unlock additional functionalities to adapt to evolving business demands.
  • In May 2023, Honeywell launched Honeywell Forge for Buildings, a comprehensive approach to building systems operations and management that can be used at a single site or with a portfolio. Honeywell Forge for Buildings features software, hardware, and services that help building owners and operators achieve sustainability, operational efficiency, occupant experience, compliance, safety and security, and resilience goals.

Frequently Asked Questions:

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 29)
    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 (Page No. - 34)
    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 (Page No. - 47)
    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 (Page No. - 51)
    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 (Page No. - 55)
    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 (Page No. - 88)
    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 (Page No. - 111)
    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 (Page No. - 115)
    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 (Page No. - 124)
    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 (Page No. - 144)
     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 (Page No. - 163)
(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 (Page No. - 230)
     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 
                                              
 

 

The study involved four major activities in estimating the current size of the retail automation market. Exhaustive secondary research was done to collect information on the market, peer, and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

Various secondary sources have been referred to in the secondary research process for identifying and collecting information important for this study. The secondary sources include annual reports, press releases, and investor presentations of companies; white papers; journals and certified publications; and articles from recognized authors, websites, directories, and databases. Secondary research has been conducted to obtain key information about the industry’s supply chain, the market’s value chain, the total pool of key players, market segmentation according to the industry trends (to the bottom-most level), regional markets, and key developments from market- and technology-oriented perspectives. The secondary data has been collected and analyzed to determine the overall market size, further validated by primary research.

List of major secondary sources

Sources

Web Link

Kiosk Association

https://kma.global/

Kiosk Industry

https://kioskindustry.org/kiosk-about/

Kiosk Marketplace

https://www.kioskmarketplace.com/

IEEE

https://www.ieee.org/

RAIN RFID

https://rainrfid.org/

International RFID Business Association

https://www.rfidba.org/

Association of Healthcare Providers

https://www.ahpi.in/

RFID Journal

https://www.rfidjournal.com/blog

Primary Research

Extensive primary research was conducted after gaining knowledge about the current scenario of the retail automation market through secondary research. Several primary interviews were conducted with experts from both the demand and supply sides across four major regions—North America, Europe, Asia Pacific and RoW. This primary data was collected through questionnaires, emails, and telephonic interviews.

Retail Automation Market
 Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the complete market engineering process, both top-down and bottom-up approaches have been used, along with several data triangulation methods, to perform market estimation and forecasting for the overall market segments and subsegments listed in this report. Key players in the market have been identified through secondary research, and their market shares in the respective regions have been determined through primary and secondary research. This entire procedure includes the study of annual and financial reports of the top market players and extensive interviews for key insights (quantitative and qualitative) with industry experts (CEOs, VPs, directors, and marketing executives).

All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the parameters affecting the markets covered in this research study have been accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report. The following figure represents this study’s overall market size estimation process.

Bottom-Up Approach

  • Identifying entities by product type in the value chain influencing the entire retail automation industry
  • Analyzing each entity along with related major companies by product type for implementation type
  • Estimating the market for retail automation end users
  • Tracking ongoing and upcoming implementation of retail automation market developments by various companies and forecasting the market based on developments and other critical parameters
  • Arriving at the market size by analyzing retail automation companies based on countries and then combining it to get the market estimate by region
  • Verifying estimates and crosschecking them through a discussion with key opinion leaders, including C-level Executives, directors, and operation managers

Retail Automation Market
 Size, and Bottom-Up Approach

Top-Down Approach

  • Focusing initially on topline investments by market players in the retail automation ecosystem
  • Calculating the market size based on the revenue generated by market players through the sales of retail automation products
  • Mapping the use of different product type in different end user and implementation types
  • Building and developing the information related to the revenue generated by market players through key products
  • Estimating the geographic split using secondary sources considering factors, such as the number of players in a specific country and region, the role of major players in the development of innovative products, and adoption and penetration rates in a particular country for various segments

Retail Automation Market
 Size, and Top-Down Approach

Data Triangulation

After arriving at the overall market size from the market size estimation process explained in the previous section, the total market was split into several segments and subsegments. Data triangulation procedure was employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides, and the market size was validated using top-down and bottom-up approaches.

Market Definition

Retail automation refers to the use of automation technologies and processes across various facets of retail operations. The multiple benefits associated with retail automation include real-time information flow across the critical systems that perform traditional transaction functions at point-of-sale (PoS) terminals; improved customer service with interactive kiosks and self-checkout systems; and efficient store management with loss prevention and out-of-stock control, among others. Retail automation solutions are used by various end users, such as hypermarkets, supermarkets, non-food retail stores, and specialty stores.

Key Stakeholders

  • Original equipment manufacturers (OEMs)
  • Semiconductor component manufacturers and distributors
  • Technology consultants and system integrators
  • Equipment distributors and suppliers
  • Related accessories suppliers for retail automation
  • Standard device and technology suppliers to system integrators
  • Research organizations and consulting companies
  • Government bodies such as regulating authorities and policymakers
  • Venture capitalists and private equity firms
  • Associations, organizations, and alliances related to retail automation

Report Objectives

  • To describe and forecast the retail automation market, by product type, implementation type, and end user, in terms of value
  • To forecast the market size for various segments concerning four key regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW), in terms of value
  • To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges).
  • To forecast the size of the robots deployed in the retail automation market, by type, in terms of volume
  • To strategically analyze micromarkets1 for individual growth trends, prospects, and contributions to the total market
  • To analyze market opportunities for stakeholders by identifying well-developed segments of the retail automation market
  • To strategically analyze the ecosystem, regulatory landscape, patent landscape, Porter’s five forces, import and export scenarios, tariff analysis, and case studies pertaining to the market under study
  • To strategically profile the key players and comprehensively analyze their market position as per ranking and core competencies2, along with detailing the competitive landscape for market leaders
  • To analyze strategic developments, such as product launches, related developments, acquisitions, expansions, and agreements, in the market

Customization Options

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Geographic Analysis

  • Further breakdown of regions into respective countries
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
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Published ON
Feb, 2024
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