23 September 2023

Digital Technology Guru

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Digital Technologies in Warehouse Yards Set to Increase, Says Report

2 min read
Digital Technologies in Warehouse Yards Set to Increase, Says Report

Companies are expected to implement digital technologies in warehouse yards in the coming years to keep up with advancements inside the warehouse and on the road, according to a report from ABI Research. The report predicts that autonomous yard trucks and AI-based cameras will see the fastest adoption rate. The use of autonomous yard trucks is projected to grow globally at a compound annual growth rate of 52.7% 2030, while the installed base of AI-enabled cameras for asset tracking and visibility is expected to reach 11.2 million worldwide.

The growing trend is driven supply chain technology providers focusing on bringing “smart” solutions to the yard. Yard Management Systems (YMS) are becoming a priority for these providers, with a focus on automating yard trailer movements and live asset tracking. The report anticipates a considerable rise in the installation of yard systems, tracking technologies, and autonomous tractors in the short to medium term.

Many companies will prioritize technologies that can track and provide visibility to assets and workers outdoors. This will involve the deployment of handheld devices and advanced AI-enabled yard cameras. The use of handheld devices is projected to grow at a compound annual growth rate of 13% between 2022 and 2030, while AI-enabled yard cameras are anticipated to grow at a rate of 15%.

Advancements in AI are enabling the use of technologies in outdoor environments processing data from camera feeds, identifying trailers and equipment, and guiding autonomous vehicles safely. This breakthrough is expected to unlock new use cases and drive the adoption of digital solutions within warehouse yards.

Overall, the report highlights the growing importance of digital technologies in optimizing yard operations and enhancing supply chain management.

– ABI Research