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The combined market share of the top 10 and top 20 leading vendors barely changed between 2018 and 2020 and indeed dropped in 2021. Other potential buyers could be retailers or logistics companies (a lá Amazon/Kiva) or larger warehouse automation system integrators (the likes of Dematic or Honeywell Intelligrated).
The first facility opened in 2018 in Billerica, Mass., The complex houses the Festo North America logistics and warehouse center. Festo TECs are research and development centers where customers collaborate with Festo personnel to co-develop solutions. This is the second Festo TEC in the U.S. Courtesy of: Festo U.S.
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