India Micro Fulfillment Market Size & Outlook, 2023-2030

The micro fulfillment market in India is expected to reach a projected revenue of US$ 2,261.3 million by 2030. A compound annual growth rate of 39.2% is expected of India micro fulfillment market from 2024 to 2030.
Revenue, 2023 (US$M)
$223.5
Forecast, 2030 (US$M)
$2,261.3
CAGR, 2024 - 2030
39.2%
Report Coverage
India

India micro fulfillment market highlights

  • The India micro fulfillment market generated a revenue of USD 223.5 million in 2023 and is expected to reach USD 2,261.3 million by 2030.
  • The India market is expected to grow at a CAGR of 39.2% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.


Micro fulfillment market data book summary

Market revenue in 2023USD 223.5 million
Market revenue in 2030USD 2,261.3 million
Growth rate39.2% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideWalmart Inc, Honeywell International Inc, KION GROUP AG, OPEX Corporation, Swisslog, Exotec, TakeOff, TGW Logistics Group, Fabric, AutoStore


Other key industry trends

  • In terms of revenue, India accounted for 4.8% of the global micro fulfillment market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China micro fulfillment market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,261.3 million by 2030.

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Micro Fulfillment Market Scope

Micro fulfillment market segmentation & scope
Automated Storage and Retrieval Systems (AS/RS)
Automated Guided Vehicles/Autonomous Mobile Robot (AGV/AMR)
Conveyor Systems
Sortation Systems
Warehouse Management System
Order Management
Asset Management
Delivery & Transport Management
Professional Services
Managed Services
Standalone
Store-integrated/in Store
Dark Stores
E-commerce
Traditional Retailers & Distributors
Manufacturers

Micro Fulfillment Market Companies

Name Profile # Employees HQ Website

India micro fulfillment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to micro fulfillment market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 57.05% in 2023. Horizon Databook has segmented the India micro fulfillment market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of India micro fulfillment market databook

  • Our clientele includes a mix of micro fulfillment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the India micro fulfillment market , including forecasts for subscribers. This country databook contains high-level insights into India micro fulfillment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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India micro fulfillment market size, by component, 2017-2030 (US$M)

India Micro Fulfillment Market Outlook Share, 2023 & 2030 (US$M)

India micro fulfillment market size, by component, 2017-2030 (US$M)

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