Press release
Logistics Automation Market Technology Advancement for Growing Transportation and Automation Industry on Research and Development Activities
Demand Analysis of Logistics Automation Market Overview:Logistics Automation Market is predicted to grow at a moderate CAGR of 10% during the forecast period covering 2019 to 2028. Logistics Automation Market share is estimated to reach a value of nearly US$ 103.75 Billion by 2028.
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The "Logistics Automation Market" think about 2022, the industry landscape is secured from driving factors to upstream markets and the by and large state of the market. An in-depth examination of the by and large development prospects for the worldwide and regional market was given which was based on an in-depth investigation of key industry players, essential and secondary information.
On the basis of on component segment, the global logistics automation market is distributed into hardware and software. Software segment holds the highest market share of global logistics automation market over the coming years owing to rapid urbanization, growing populations, and increasing presence of manufacturers.
Software is categorized into two different types including warehouse management system (WMS) software and transportation management system (TMS) Software. Logistics automation robots are widely utilized for warehouse and transportation management. By using supply chain process, products are transferred and stored. This method is known as logistic automation. For the goal of arranging and transferring products, logistics automation robots are installed throughout storage and warehouse facilities. The objective of this research is to distinguish market sizes and figure values for different segments and regions for the following five a long time. The study's objective is to offer both qualitative and quantitative insights into the segment within the report's areas and countries. The consider moreover examines the imperative factors that will impact the market's future growth, such as driving strengths and challenges.
Global logistics automation market is anticipated to account for prominent share owing to virtue of growing industrial and commercial spaces. Logistics automation is extensively used in food & beverages applications. This technology is most appropriate for product measurement, flawless packaging, and for performing tedious, repetitive tasks in tough environments like freezer warehouse.
Industry Developments-
In 2021, Honeywell Intelligrated has partnered with Fetch Robotics. Fetch Robotics has introduced an autonomous mobile robot namely PalletTransport1500 for contactless pallet transportation across distribution centers.
In 2020, Dematic has released the Dematic Multishuttle (DMS) 2 E. It is the latest version of the company's warehouse automation solution.
Competitive and Segmentation Analysis-
As well as giving an outline of effective promoting procedures, market contributions, and later improvements of driving companies, the report moreover offers a dashboard diagram of driving companies' past and display execution. A few strategies and analyses are utilized within the inquire about report to supply in-depth and precise data approximately the Logistics Automation Market.
Market Growth Reports lists out all the Logistics Automation Market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:, 6 River Systems, ABB, BEUMER Group, Blue Yonder, Daifuku, Dematic, E&K Automation, Eyesee (Hardis Group), Falcon Autotech, GreyOrange, and others.
Report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Key Segments
Global Logistics Automation Market by Function, 2019-2028, (In USD Million)
Warehouse And Storage Management
Transportation Management
Global Logistics Automation Market by Size, 2019-2028, (In USD Million)
SMES
Large Enterprises
Detailed Table of Content
Introduction
Research Scope
Market Segmentation
Research Methodology and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Global Market Overview
Key Market Indicators
Emerging Market Trends
Macro and Micro Economic Factors
Production Process Analysis
Industry SWOT Analysis
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Global Logistics Automation Market, by Region
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central and Eastern Europe)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
Middle East and Africa (Turkey, GCC, Rest of Middle East)
Research Methodology-
Secondary research, primary research, subject matter expert assistance, quality check, and final review were the five phases of the research study on the Logistics Automation Market. Market statistics and coherent models were used to assess and forecast market data. Market shares and significant trends were also taken into account when preparing the research. Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis, and Vendor Share Analysis are some of the various data models available.
Highlights of Logistics Automation Market:
Market Expansion: Comprehensive information on the product portfolios of the top players in the Logistics Automation Market Size.
Product Development/Innovation: Detailed insights on the upcoming technologies, R and D activities, and product launches in the market
Evaluation of Competitors: depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Diversification of the Market: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Logistics Automation Market.
Reasons to Purchase this Report
The most recent market developments, market shares, and strategies implemented by the major market players
The market segment that is expected to dominate, as well as the market segment with the highest CAGR throughout the forecast period
The current and future state of the global cryogenic equipment industry in developed and emerging markets
Regions/countries expected to have the fastest growth rates at some point during the forecast period.
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