The Logistics Automation Market size was USD 30.91 billion in 2022 and is expected to Reach USD 93.8 billion by 2030 with a growing CAGR of 14.9 % over the forecast period of 2023-2030.
The Logistics Automation market is experiencing a profound transformation driven by technological advancements and the need for efficiency in supply chain operations. Automation technologies such as robotics, artificial intelligence, and advanced analytics are reshaping the landscape, enabling companies to streamline processes, reduce costs, and enhance productivity. With the rising complexity of global logistics networks and the increasing demand for faster delivery times, automation has become a critical enabler for companies seeking to gain a competitive edge.
One of the key drivers fueling the growth of the Logistics Automation market is the rapid expansion of e-commerce. The exponential rise in online shopping has led to higher consumer expectations for speedy and reliable delivery, putting pressure on logistics providers to optimize their operations. Automation solutions, including warehouse robotics, automated guided vehicles (AGVs), and parcel sorting systems, are helping companies meet this demand by automating order fulfillment processes and improving order accuracy
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360 coverage of the Logistics Automation industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Logistics Automation market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Murata Machinery, Ltd., Honeywell International Inc., Jungheinrich AG, Daifuku Co., Ltd., SSI Schaefer Group, Knapp AG, Mecalux, S.A., Kion Group AG, TGW Logistics Group GmbH, Beumer Group GmbH & Co. KG, Dematic Corp, and other players..
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Logistics Automation market.
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It has segmented the global Logistics Automation market
By Component
Hardware
Autonomous Robots (AGV, AMR)
Automated Storage and Retrieval Systems (AS/RS)
Automated Sorting Systems
De-palletizing/Palletizing Systems
Conveyor Systems
Automatic Identification and Data Collection (AIDC)
Software
Warehouse Management System
Transportation Management System
Services
Consulting
Deployment & Integration
Support & Maintenance
By Function
Inventory & Storage Management
Transportation Management
By Logistics Type
Sales Logistics
Production Logistics
Recovery Logistics
Procurement Logistics
By Software Application
Inventory Management
Order Management
Yard Management
Shipping Management
Labor Management
Vendor Management
Customer Support
Others
By Organization Size
Large Enterprises
Small & Medium Enterprises
By Vertical
Retail & E-commerce
Healthcare
Automotive
Aerospace & Defense
Electronics & Semiconductors
Others
Key Objectives of the Global Logistics Automation Market Report:
The report conducts a comparative assessment of the leading market players participating in the global Logistics Automation market.
The report marks the notable developments that have recently taken place in the Logistics Automation industry
It details on the strategic initiatives undertaken by the market competitors for business expansion.
It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Logistics Automation market value chain.
The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
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