Maximize Market Research offers an all-encompassing portrayal of Logistics Automation Market, presenting a contemporary snapshot that optimizes the understanding of its characteristics. The research paper thoroughly covers projected statistics, notable progressions, and revenue details within the Logistics Automation domain. Moreover, it furnishes an exhaustive exploration of the primary strategies embraced by key industry players, empowering readers to bolster their own enterprises.
Logistics Automation Market Growth :
Logistics Automation Market was valued at US$ 55.60 Bn in 2022 and is expected to reach at US$ 115.29 Bn in 2029. Global Logistics Automation Market size is expected to grow at a CAGR of 10.98% through the forecast period.
Logistics Automation Market Scope :
To get a better grasp of the Logistics Automation Market, carefully examine both ongoing and emerging market trends. The analysis used Porter's five forces to rank the significance of several variables, such as the difficulties presented by different agents, the level of market rivalry, and the familiarity of potential young entrepreneurs with a specific resource. To determine the overall market size by regions and product categories, the study examined each nation's microeconomic structure. This method starts from scratch when estimating the size of local, regional, and global markets. The amount of the market that is uncontrolled can be calculated through micro-level analysis of each nation. Interactions with powerful local businessmen help to confirm the results. Both compensated and uncompensated data sets must be used to conduct and evaluate secondary research. The sources for supply by category and demand by each player are actual government statistics, commercial databases, and, in the case of listed firms, yearly reports.
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Logistics Automation Market Segmentation:
Global Logistics Automation Market, By Function (2022-2029)
• Warehouse & Storage Management
• Transportation Management
Depending on Function The segment for transport management is expected to expand at the greatest CAGR. One of the most important elements thought to be propelling the expansion of the transportation management industry is the necessity to assure prompt delivery of goods while lowering transportation expenses. The global logistics automation market is expanding as a result of the rising adoption of cutting-edge technology in the logistics industry. This offers benefits connected to TMSs, which can assist firms in organising, carrying out, and optimising the physical movement of commodities. Transportation management systems can offer better visibility, which can spur market growth, in daily transportation operations, trade compliance documents, and in assuring timely delivery of goods.
Global Logistics Automation Market, By Organization Size (2022-2029)
• Small & Medium-sized Enterprises (SMEs)
• Large Enterprises
Global Logistics Automation Market, By Verticals (2022-2029)
• Retail & E-commerce
• Manufacturing
• Oil, Gas & Energy
• Pharmaceuticals & Healthcare
• Logistics & Transportation
• Automotive
• Aerospace & Defense
• Food & Beverage
• Chemicals
• Others
According to Vertical, the automotive sector is anticipated to dominate the market for logistics automation during the anticipated period. Growing rivalry in the automotive sector boosted the need for flexible logistics and automated production technologies, which improve car production and delivery. Logistics & fleet management systems are utilised by the automotive industry to manage, track, and monitor the movement of commodities and vehicle fleets.
Global Logistics Automation Market, By Components (2022-2029)
• Hardware-integrated Systems
• Software
o Warehouse Management System (WMS) software
o Transportation Management System (TMS) software
• Services
o Consulting
o Implementation
o Support and Maintenance
using the component, Due to the increasing demand for robotics and automation technologies among food and beverage firms globally over the forecast period, the hardware-integrated systems category is anticipated to have the largest market share. The Automated Storage and Retrieval System (ASRS), conveyors and sortation systems, robotic handling systems, Autonomous Mobile Robots (AMRs), and Automated Guided Vehicles (AGVs) are included in the hardware-integrated systems sector. Since robots are being used more frequently throughout the whole supply chain, their use is anticipated to significantly increase in the near future, driving the market. Radnor Hills, a manufacturer of soft beverages for RMGroup, deployed three ABB end-of-line robotic palletizers for the company's shipping operations in 2022.
Regional Analysis:
North America
Europe
Asia-Pacific
Middle East and Africa (MEA)
South America
The analysis of the Logistics Automation Market in the research considers cost structures, market shares, the Producers supply networks, and the laws and regulations in effect at the time. By comparing the price of locally produced goods to the profit made, it is feasible to analyse the regional marketplaces for the Logistics Automation Market.
Table of Content: Logistics Automation Market
Part 01: Executive Summary
Part 02: Scope of the Logistics Automation Market Report
Part 03: Logistics Automation Market Landscape
Part 04: Logistics Automation Market Sizing
Part 05: Logistics Automation Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Logistics Automation Market Key Players:
An in-depth analysis of key players in the Logistics Automation market is included in this report.
1. Toshiba Logistics 2. TGW Logistics Group GmbH 3. Wisetech Global 4. System Logistics SPA 5. Falcon Autotech 6. Dematic 7. Daifuku 8. Swisslog 9. Honeywell Intelligrated 10. Murata Machinery 11. Knapp GG 12. Jungheinrich AG 13. SSI Schaefer 14. Mecalux, S.A. 15. Vitronic 16. Beumer Group 17. Hinditron 18. JBT Corporation 19. UlMA Handling System 20. SI system LLC 21. The Apache Software Foundation 22. KNAPP AG 23. Blue Yonder 24. E&K Automation
Key Questions answered in the Logistics Automation Market Report are:
- Which segment grabbed the largest share in the Logistics Automation market?
- How is the competitive scenario of the Logistics Automation market?
- Which are the key factors driving the Logistics Automation market growth?
- Which region holds the maximum share in the Logistics Automation market?
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Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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