Latin America Warehouse Automation Market Size & Outlook
Latin America warehouse automation market, 2018-2030 (US$M)
Latin America warehouse automation market highlights
- The Latin America warehouse automation market generated a revenue of USD 881.4 million in 2024.
- The market is expected to grow at a CAGR of 19.3% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 881.4 million |
| Market revenue in 2030 | USD 2,382.4 million |
| Growth rate | 19.3% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Dematic, Daifuku Co Ltd, Swisslog, Honeywell International Inc, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, Murata Machinery, KNAPP AG, Kardex Holding AG Registered Shares, Mecalux Espana, BEUMER Group, SSI Schaefer Systems International North America |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.1% of the global warehouse automation market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18,578.9 million by 2030.
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Warehouse Automation Market Scope
Warehouse Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America warehouse automation 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 warehouse automation market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 64.5% in 2024. Horizon Databook has segmented the Latin America warehouse automation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America has a developing technology infrastructure, and a booming e-commerce industry, which picked pace amid the COVID-19 pandemic. The need for logistics automation technologies in Latin American countries such as Chile, Brazil, and Peru has grown in recent years.
Reasons for companies adopting automation and robotics include improving performance, streamlining processes, and improving customer service. Warehouse automation company KNAPP AG has a strong presence in Latin America, with the company's Latin American headquarters in Brazil. Similarly, SSI SCHAEFER has a presence in Argentina, Brazil, Peru, Chile, and Columbia.
Microfulfillment is a growing trend in the food retail sector. Hence, there is a growing need for warehouse automation solutions to improve delivery times and customer satisfaction.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America warehouse automation market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America warehouse automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America warehouse automation market size, by country, 2018-2030 (US$M)
Latin America Warehouse Automation Market Outlook Share, 2024 & 2030 (US$M)
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