/PRNewswire/ The "Warehouse Automation Market - By Technology (AGV/AMR, ASRS, Conveyors, Sortation, Order Picking, AIDC, Palletizing and WMS/WES/WCS), By.
Organizations of all sizes are moving toward a digital supply chain, which is rapidly becoming the predominant distribution model a shift accelerated by COVID-19 according to an industry report released by the Industrial Technology investment banking team from Brown Gibbons Lang & Company (BGL).
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BGL Industrial Technology Insider – Transforming Supply Chains: http://bit.ly/BGLtechinsider
BGL examined trends driving growth in Warehouse Automation, a $14 billion market that is projected to reach $30 billion by 2026, representing 14% compounded annual growth. The report documents a favorable outlook, citing technology innovation which is enhancing the capability, integration, and performance of supply chain automation solutions and making them increasingly more cost-efficient.