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Logistics Automation Market Size, Share, Growth, Trends, Forecast and Analysis of Key players 2027

vikaschauhan by vikaschauhan
February 18, 2022
in Business
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Logistics automation refers to automated machinery, control systems, or computer software to enhance operational efficiency. It helps streamline and speed up warehouse operations and fulfillment processes, and aids in error reduction by minimizing the need for human intervention. Logistics automation also offers real-time freight tracking, auto pickup, proper insurance, automatic notifications, and freight accounting. Moreover, it improves the customer experience and reduces the workforce required for performing tasks, such as weighting, barcoding, picking, and packing. As a result, logistics automation has gained traction due to its scalability, accuracy, speed, and cost-effectiveness.

Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027

The global logistics automation market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.

Logistics Automation Market Trends and Drivers:

The global logistics automation market is primarily driven by the expanding e-commerce industry and the growing need for efficient warehousing and inventory management. Additionally, the rising number of warehouses and the increasing investments in warehouse automation due to the inflating labor costs have catalyzed the market growth.

Furthermore, the introduction of warehouse robots by leading players to automate laborious tasks like material handling for ensuring workforce safety has accelerated the product adoption rate.

Other factors, including the emergence of the Industrial Internet of Things (IIoT), easy availability of scalable technological solutions, advancements in robotics, and rapid digital transformation in the logistics sector, are also anticipated to propel the market growth in the coming years.

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/logistics-automation-market

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Logistics Automation Market 2022-2027 Analysis and Segmentation:

The report has segmented the market on the basis of region, component, function, enterprise size and industry vertical

Breakup by Component:

  • Hardware
    • Mobile 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)
    • Order Picking
  • Software
    • Warehouse Management Systems (WMS)
    • Warehouse Execution Systems (WES)
  • Services
    • Value Added Services
    • Maintenance

Breakup by Function:

  • Warehouse and Storage Management
  • Transportation Management

Breakup by Enterprise Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises

Breakup by Industry Vertical:

  • Manufacturing
  • Healthcare and Pharmaceuticals
  • Fast-Moving Consumer Goods (FMCG)
  • Retail and E-Commerce
  • 3PL
  • Aerospace and Defense
  • Oil, Gas and Energy
  • Chemicals
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/logistics-automation-market/requestsample

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Competitive Landscape:

 The competitive landscape of the market has been studied in the report with the detailed profiles of the top key players operating in the industry.

  1. ABB Ltd.
  2. Beumer Group GmbH & Co. KG
  3. Daifuku Co. Ltd.
  4. Dematic (Kion Group AG)
  5. Honeywell International Inc.
  6. Jungheinrich AG
  7. Kardex Group
  8. Knapp AG
  9. Mecalux S.A.
  10. Murata Machinery Ltd.
  11. Oracle Corporation
  12. SAP SE
  13. Swisslog Holding AG (KUKA AG)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

 

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