In today's economic activities, warehousing plays a very important role. According to the latest statistics, in 2024, my country's express delivery business volume will reach 174.5 billion pieces and express delivery business revenue will reach 1.4 trillion yuan, up 21% and 13% year-on-year respectively, becoming one of the domestic pillar industries and the largest market in the global logistics market.
From a data perspective, in 2024, my country's industry will use nearly 1,000 unmanned vehicles and more than 300 drones, and drones will deliver nearly 3 million express parcels. There are 1,300 postal and express delivery processing centers above a certain scale, and the maximum daily processing volume of express delivery reaches 729 million pieces.
With the rapid development of the express delivery industry, the field of intelligent warehousing has gradually grown. In the new era of intelligent manufacturing and flexible production, the demand for production enterprises is not to pursue quantity blindly, but to achieve more refined and high-quality production, to improve the management efficiency of enterprise warehousing with refined management, and to optimize resources. Therefore, upgrading the entire production environment, including enterprise warehousing, to be intelligent also has economic and social benefits.
From the perspective of the entire intelligent logistics and warehousing industry, driven by the global digitalization trend, labor shortages, and rising labor costs, the development of the intelligent logistics and warehousing field will go against the trend and grow rapidly. It is expected that by 2027, the global intelligent logistics and warehousing market will reach a milestone of US$100 billion, with a compound annual growth rate of 13% from 2022 to 2027. From a domestic perspective, it is expected that the domestic warehousing automation market will exceed 200 billion yuan in 2025, accounting for about 30% of the global market, with an annual compound growth rate of 17%, which is higher than the global growth rate.
From the perspective of the overall market growth rate, in 2022, due to the impact of various factors such as epidemic control, the market size growth rate in that year was relatively low. In the following years, the rapid development of industries such as new energy, medicine, automobile manufacturing, and cross-border 3C products has driven the market growth to quickly return to the pre-epidemic level. At the same time, the industry is gradually maturing, and it is expected that the industry growth rate will decline slightly after 2026, but the overall scale will continue to grow. It is expected that China's intelligent logistics and warehousing market will reach 260 billion in 2027.
From the perspective of specific products, taking warehouse automation as an example, the projects are still dominated by large and medium-sized enterprise warehouses and logistics warehouses. The demand for stereoscopic warehouses and sorting and conveying equipment is stable, the cost is high, and the output value is naturally large. However, the requirements for safety and flexibility in various links such as handling, loading and unloading in the warehouse link are getting higher and higher. The flexibility trend is becoming more and more obvious, and the demand for AGV/AMR is getting bigger and bigger, and the fastest growth rate is also within expectations.
In terms of the price of application layer hardware, here we mainly take AGV/AMR products as an example. In the early years, due to the lack of sufficient scale and the use of a large number of imported components in the products, the price of a pallet truck in 2019 was at the level of 200,000-250,000. With the development of the market in recent years and the domestic substitution of core components such as laser radar and sensors, the price of pallet trucks has dropped rapidly. In 2024, the price of its ordinary AGV has dropped to below 100,000 yuan.
This paper is from Ulink Media, Shenzhen, China, the organizer of IOTE EXPO (IoT Expo in China)
