North America Warehouse Execution System Market By Component (Software and Services), By Deployment Type (Cloud and On-premise), By End User (Third-Party Logistics (3PL), Automotive, Food & Beverages, Consumer Electronics, Healthcare and Others), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The North America Warehouse Execution System Market would witness market growth of 12% CAGR during the forecast period (2021-2027).
WES is considered as the crucial method between an enterprise resource planning (ERP) system or warehouse management system (WMS) and the resources that are crucial to carry out the different sorts of warehouse activities. Such resources involve workers and the process control systems that are utilized for warehouse automation, generally known as warehouse control systems or WCS. This WES connects with order management systems & inventory and the personnel & machinery, which carry out physical tasks associated with warehouse procedures.
There are several companies that are offering WES software in the last few years. Some companies or vendors offer software as a standalone software capability. This kind of solution includes various functionalities of WMS and WCS combined into a single software. Another kind of offering includes WMS or WCS software with WES features included in the current software. In addition, this solution type is majorly preferred by organizations, which do not demand to substitute the conventional WMS software.
North America is among the major revenue generating regions in 2020, which was led by the US. The presence of several WES software providers along with the high degree of logistical activity in this region is among the major factors contributing to the regional market growth. The presence of many key WES providers in this region is opening new growth opportunities for the regional warehouse execution system market during the forecast period. In addition, the logistics activities in this region are high, which would augment the demand for warehouse execution systems in the region. Companies in this region are more aware of the benefits of WES that would augment the demand for WES in the region.
Additionally, several large enterprises with global warehousing & distribution operations are present in this region that has continued their growth in the e-commerce industry, which would propel the growth of the regional warehouse execution system market. Along with that, the high networks of third-party logistics (3PL) organizations are also contributing to the overall growth of the regional WES market during the forecast period.
The US market dominated the North America Warehouse Execution System Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $191.8 million by 2027. The Canada market is experiencing a CAGR of 16.7% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 15.7% during (2021 - 2027).
Based on Component, the market is segmented into Software and Services. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on End User, the market is segmented into Third-Party Logistics (3PL), Automotive, Food & Beverages, Consumer Electronics, Healthcare and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Toyota Industries Corporation (Bastian Solutions LLC), VARGO Integrated Systems, Inc., Softeon, SSI Schaefer Group,Fortna, Inc. - Thomas H. Lee Partners, Invata Intralogistics, Matthews International Corporation, Westfalia Technologies, Inc., Honeywell International, Inc., and Manhattan Associates, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Deployment Type
By End User
- Third-Party Logistics (3PL)
- Food & Beverages
- Consumer Electronics
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Toyota Industries Corporation (Bastian Solutions LLC)
- VARGO Integrated Systems, Inc.
- SSI Schaefer Group
- Fortna, Inc. - Thomas H. Lee Partners
- Invata Intralogistics
- Matthews International Corporation
- Westfalia Technologies, Inc.
- Honeywell International, Inc.
- Manhattan Associates, Inc.
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