Logistics Automation Market 2022 Size, Status and Global Outlook - Dematic Group (Kion Group AG), Daifuku Co. Limited, Swisslog Holding AG (KUKA AG)
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.
Key Market Trends
Europe to Witness Significant Market Growth
- The industrial automation in Europe has been witnessing a growth in the rate of adoption since the last decade, with companies and industries spending heavily on new technologies. Europe is currently leading the Fourth Industrial Revolution (dubbed as 4IR), with various industry verticals investing in automation, IoT, and machine learning systems to optimize performance. The growth in the rate of adoption of warehouse automation in this region is mainly fueled by the rapid growth of e-commerce and retail investments.
- There has been an increasing trend in the number of warehouses across various regions. According to P3 Logistic Parks, a European manager, and developer of logistics properties, regions like Poland showed higher growth of warehousing stock. Poland added 17% of its capacity last year alone (2018). Companies like P3 and Logicor also pushed their expansions at an incredible rate. Furthermore, investments from Asia and the United States were evident, prompting the region's potential market.
Regional Outlook of Logistics Automation Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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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.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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