Logistics Automation Market 2021 Analysis by Global Manufacturers and Business Outlook – Dematic Group (Kion Group AG), Daifuku Co. Limited, Honeywell Intelligrated

The Logistics Automation Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. This report also provides an analysis of the impact of the COVID-19 pandemic on Logistics Automation Industry.

The logistics automation market was valued at USD 52.19 billion in 2020 and is expected to be USD 104.23 billion in 2026, registering a CAGR of 12.42% during the forecast period (2021 - 2026).

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Top Leading Companies of Logistics Automation Market are Dematic Group (Kion Group AG), Daifuku Co. Limited, Swisslog Holding AG (KUKA AG), Honeywell Intelligrated (Honeywell International Inc.), Jungheinrich AG, Murata Machinery Ltd, Knapp AG, TGW Logistics Group GmbH, Kardex Group, Mecalux SA, BEUMER Group GmbH & Co. KG, SSI Schaefer AG, Vanderlande Industries BV, WITRON Logistik + Informatik GmbH, Oracle Corporation, One Network Enterprises Inc., SAP SE and others.

Industry News and Updates:

- September 2020 - Dematic announced plans to automate the central storage facility for RS Components GmbH in Bad Hersfeld, Germany. Dematic will install a 10-aisle Dematic Multishuttle system with 300,000 container storage positions for the electronics distributor. There will be 300 shuttles to automatically access the containers and transport them directly to the goods-to-person (GTP) commissioning station, to dispatch or to inventory storage, where they are repacked in order to prepare them for dispatch. The goal for RS Components is to increase its picking capacity to up to 38,000 order lines per day through automation. The plan is for the highly modern logistics center to become operational in the second quarter of 2021.
- September 2020 - KUKA AG launched the KR SCARA horizontal jointed-arm robots from KUKA are ultra-compact and, at the same time, deliver maximum cost-effectiveness. The robot has a reach of 500 or 700 millimeters, an extremely short cycle time of just 0.36 or 0.38 seconds, and the KR SCARA robots are ideal for pushing ahead with automation in cost-sensitive markets.

Key Market Trends:

Warehouse Management to Occupy Major Share

- Warehouse operations contribute to a majority of resource consumption. As various companies demand new solutions to improve warehouses' efficiency and reduce cost, the deployment of warehouse robots is set to increase. For instance, Alibaba, the world's largest retailer, has upgraded to robotic labor in one of its warehouses. This has resulted in drastically reducing the labor workforce by 70% by creating an opportunity for a highly-skilled workforce.
- Mobile robots are witnessing high growth in small and medium warehouses with smaller pallet sizes. In contrast, the industrial applications in large warehouses dedicated to food and beverage demand articulated and palletizing robots. According to a survey from the Association for Packaging and Processing Technologies, 94% of food packaging operations are using robotics already. Half of them reported the plan to increase their level of automation in the next three to five years.
- The growth in overall automation levels allows processing and packaging plants to introduce new products on the same assembly lines. Moreover, one out of five packaging and processing plants already deal with more than 100 product types, with a majority expecting this number to increase in the next few years. These goals have further resulted in the warehouses equaling the developments in manufacturing segments and making logistics seamless. It results in removing or mitigating any risk that can lead to creating a bottleneck situation.

The regions are further sub-divided into:

-North America (NA) – US, Canada, and Mexico
-Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America
-Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Logistics Automation Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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