The warehouse automation market in Canada is expected to reach a projected revenue of US$ 3,217.3 million by 2030. A compound annual growth rate of 18.1% is expected of Canada warehouse automation market from 2024 to 2030.
The Canada warehouse automation market generated a revenue of USD 1,072.6 million in 2023 and is expected to reach USD 3,217.3 million by 2030.
The Canada market is expected to grow at a CAGR of 18.1% from 2024 to 2030.
In terms of segment, hardware was the largest revenue generating component in 2023.
Software is the most lucrative component segment registering the fastest growth during the forecast period.
Warehouse automation market data book summary
Market revenue in 2023
USD 1,072.6 million
Market revenue in 2030
USD 3,217.3 million
Growth rate
18.1% (CAGR from 2024 to 2030)
Largest segment
Hardware
Fastest growing segment
Software
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Services, Hardware, Software
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, Canada accounted for 5.6% of the global warehouse automation market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. warehouse automation market is projected to lead the regional market in terms of revenue in 2030.
U.S. is the fastest growing regional market in North America and is projected to reach USD 16,602.6 million by 2030.
The Canadian market is also shaped by sustainability and environmental goals, with companies actively adopting energy-efficient automation solutions, such as automated conveyors and robotics.
Many industries, particularly in pharmaceuticals, cold storage, and food distribution, rely on automation to maintain compliance with stringent health and safety standards.
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 Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 60.91% in 2023.
Horizon Databook has segmented the Canada warehouse automation market based on services, hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
The Canadian market is also shaped by sustainability and environmental goals, with companies actively adopting energy-efficient automation solutions, such as automated conveyors and robotics.
Many industries, particularly in pharmaceuticals, cold storage, and food distribution, rely on automation to maintain compliance with stringent health and safety standards.
Canada Warehouse Automation Market Component Outlook (Revenue, USD Million , 2018-2030)
Hardware
Software
Services
Canada Warehouse Automation Market Automation Level Outlook (Revenue, USD Million , 2018-2030)
Basic Automation
Intermediate Automation
Advanced Automation
Autonomous Warehouses
Canada Warehouse Automation Market Application Outlook (Revenue, USD Million , 2018-2030)
Retail & E-commerce
Healthcare
Automotive
Aerospace & Defense
Electronics & Semiconductors
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Warehouse Automation Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Warehouse Automation Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.