Logistics Automation Market Outlook, Trend, Growth and Share Estimation Analysis Forecasts 2020-2027

Pune, India According to a market research study published by The Insight Partners, the demand analysis of The logistics automation market size is expected to reach US$ 91,701.5 Million by 2027 and registering at a CAGR of 11.5% during 2020 - 2027, according to a new research study conducted by The Insight Partners.

The logistics automation market is broadly segmented into five major regions North America, Europe, APAC, MEA, and SAM. 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 retailers attract customers by providing free and fast delivery options. Thus, various industries are shifting toward the adoption of logistics automation to achieve effective supply chain processes as well as gain a competitive advantage to maintain their strong presence in the market. The continuous advancement in technology and the growing demand for automation are positively impacting the market across the world. North America is an early adopter of technologies and has a sound IT infrastructure, with the US being the headquarters for many large logistics automation firms. The US, Canada, and Mexico are the major countries in North America. The US and Canada are the developed countries in terms of modern technologies, the standard of living, infrastructure, etc. The US market dominates the logistics automation market in North America, while Mexico is witnessing the highest growth rate.

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NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

COVID-19 Impact Analysis -
According to the latest situation report from World Health Organization (WHO), the US, Spain, Italy, France, Germany, UK, Russia, Turkey, Brazil, Iran, and China are some of the worst affected countries due to COVID-19 outbreak. The outbreak first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. As per WHO, as of July 2020, there are around 16,523,815 confirmed COVID-19 cases globally, including 655,112 deaths, and the number is growing at varying rates in different countries. The COVID-19 crisis is affecting the industries worldwide, and the global economy is anticipated to take the worst hit in the year 2020 and likely in 2021 also. The outbreak has created significant disruptions in primary industries such as logistics, retail, and e-commerce, among others. The sharp decline in the international logistics business industry is negatively impacting the growth of the global logistics automation market. The factory shutdowns travel bans, trade bans, and border lockdowns to combat and contain the outbreak have adversely affected the logistics industry.

Logistics Automation Market Regional and Country-wise Analysis:
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)

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The purposes of this analysis are:
1. To characterize, portray, and check the Logistics Automation market based on product type, application, and region.
2. To estimate and inspect the size of the Logistics Automation market (in terms of value) in six key regions, specifically, North and South America, Western Europe, Central & Eastern Europe, the Middle East, Africa, and the Asia-Pacific.
3. To estimate and inspect the Logistics Automation markets at country-level in every region.
4. To strategically investigate every sub-market about personal development trends and its contribution to the Logistics Automation market.
5. To look at possibilities in the Logistics Automation market for shareholder by recognizing excessive-growth segments of the market.

Our report offers:
• Market share assessments for the regional and country-level segments.
• Inventory network patterns planning the most recent innovative progressions.
Key suggestions for the new participants.
• Piece of the pie examination of the top business players.
• Market conjectures for at least 9 years of the relative multitude of referenced fragments, sub-portions, and the local business sectors.
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and suggestions).
• Organization profiling with point by point techniques, financials, and ongoing turns of events.
• Serious arranging planning the key regular patterns.
• Key suggestions in key business portions dependent on market assessments.

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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