Press release
Logistics Automation Market is Projected to Grow Significantly to Reach US$ 91.7 Billion by 2027: Beumer, Daifuku, Dematic, Honeywell, KNAPP
Logistics Automation Market
Latest market study on “Logistics Automation Market to 2027 by Component (Hardware, Software, Services); Application (Warehouse Management, Transportation Management); Mode of Freight Transport ( Air, Road, Sea ); End-User Industry ( Retail and E-Commerce, Manufacturing, Oil and Gas, Food and Beverage, Automotive, Healthcare and Pharmaceutical, Others ); - Global Analysis and Forecast”, the logistics automation market is estimated to reach US$ 121,343.3 Mn by 2027 from US$ 39,286.3 Mn in 2018. The report includes a key understanding of the driving factors of this growth and also highlights the prominent players in the market and their developments.
This report provides pinpoint analysis for changing competitive dynamics. It offers a forward-looking perspective on different factors driving or limiting market growth. It provides a five-year forecast assessed on the basis of how they Logistics Automation Market is predicted to grow. It helps in understanding the key product segments and their future and helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Logistics Automation market. The researcher provides an extensive analysis of the Logistics Automation market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
Major Key Players Covered In This Report: Beumer Group, Daifuku Co., Ltd., Dematic (KION Group), Honeywell Intelligrated, KNAPP AG, Mecalux, S.A., Murata Machinery, Ltd., Swisslog Holding AG, TGW Logistics Group, and VITRONIC among others.
Growing advancement in technology has encouraged increasing adoption of robots for various industries. Logistics automation is becoming essential for retailers owing to growing retail & e-commerce sectors worldwide. Market players are trying to achieve omnichannel and online strategies. Thus, logistics automation is necessary for retailers. The logistics automation ensures the management of the inventory, tracking, reporting and forecasting, packaging, transportation of goods, and warehouse management. The constant growth in the retail & e-commerce sector is expected to create new opportunities for the global logistics automation market during the forecasted period.
The report segments the global logistics automation market as follows:
Global Logistics Automation Market - By Component
• Hardware
• Software
• Services
Global Logistics Automation Market - By Mode of Freight Transport
• Air
• Road
• Sea
Global Logistics Automation Market - By Application
• Warehouse Management
• Transportation Management
Global Logistics Automation Market - By End-user Industry
• Retail and E-Commerce
• Manufacturing
• Oil and Gas
• Food and Beverage
• Automotive
• Healthcare and Pharmaceutical
• Others
The research on the Logistics Automation market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Logistics Automation market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Logistics Automation market.
Logistics Automation Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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