Logistics Automation Market 2022 is expected to reach INR 145.10 Bn by the end of 2027

Quadintel published the latest research report on the Logistics Automation market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Logistics Automation market study demonstrates a detailed examination of the business state, which represents creative ways for company growth, financial factors such as production value, key regions, and growth rate.

Logistics automation refers to the integration of software, machinery, and control systems in warehouses and storage facilities to improve overall operating efficiency. Manufacturers are keen on implementing logistics automation in their systems to be able to keep up with technological advancements and innovations. It is being adopted across industries, including manufacturing, healthcare, oil and gas, chemicals, e-commerce, and fast-moving consumer goods.

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Market insights:

The India logistics automation market was valued at INR 67.33 Bn in 2021. It is expected to reach INR 145.10 Bn by the end of 2027, expanding at a CAGR of 13.28% during the 2022 2026 period. With significant investments in technology adoption, India's logistics sector is expected to improve operational efficiencies. The use of the Internet of Things (IoT), data analysis, and automation can help businesses move and track cargo efficiently, as well as run their distribution networks smoothly.

Impact of COVID-19:

The COVID-19 pandemic resulted in a lot of pressure on warehouses and the e-commerce market. Their business operations faced major challenges because of disruptions in supply chain management and the unavailability of workers. Companies have started using artificial intelligence and have enabled digital payments as a solution to deal with circumstances such as those similar to the pandemic.

Market Influencers:

Market drivers:

Organizations are adopting robotic technologies to automate logistic processes, which implies the reduced need for manual labor, resulting in lower operational costs. In India, the growth of e-commerce has benefited several enterprises, especially those in the supply and logistics sector, where data science is used extensively to track shipments.

Key deterrents to the growth of the market:

Logistics automation technologies are advanced and rely on the expertise of trained professionals to be operated. The automation of logistics operations needs major capital investment. For example, establishing a large-scale automated warehouse requires the installation of automation equipment, software, and solutions, all of which entail significant costs.

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Table of Contents:

Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
What aspects regarding the regional analysis Market are included in this report?

Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region.
The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
Based on what factors are the key market players assessed in this report?
The report offers detailed analysis of leading companies in the market across the globe.
It provides details of the major vendors involved in the Market including Key Players
A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
the manufactured products is incorporated in the report.
The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

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