Press release
India Logistics Automation Market Size, Share, Demand, Top Companies and Forecast 2023-2028
India Logistics Automation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
How big is the India logistics automation market?
The India logistics automation market is expected to exhibit a growth rate (CAGR) of 16.2% during 2023-2028.
What is the logistics automation?
Logistics automation is a cutting-edge approach that enhances the efficiency and effectiveness of logistics operations through the integration of automated machinery, software, and control systems. It involves the implementation of predefined pathways for various stages of the logistics process, including packaging, production, warehousing, security, and material handling. It significantly reduces manual data entry errors and enhances customer service by streamlining the logistics process. It enables businesses to reduce the workforce required for processing tasks, such as weighing, sorting, barcoding, picking, counting, and packing. It also contributes to enhanced safety and security measures.
Logistics Automation in Different Industry:
As a result, logistics automation is widely used across various industry verticals, including healthcare, manufacturing, oil and gas, e-commerce, and chemicals.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/india-logistics-automation-market/requestsample
What are the recent trends in the logistics automation industry?
The e-commerce sector in India is experiencing significant growth, which has led to a surge in the adoption of logistics automation across warehouse and storage facilities. Additionally, the rising consumer awareness regarding the benefits of logistics automation in streamlining the supply chain, reducing overhead costs and time, and minimizing manual errors is accelerating the market growth. Moreover, the increasing number of logistics and warehousing companies in the country has facilitated the demand for automated solutions to improve operational speed and efficiency, which, in turn, is creating a positive outlook for the market. Furthermore, the integration of automated logistics with advanced technologies, such as artificial intelligence (AI), biometrics, global positioning systems (GPS), and real-time tracking, is positively supporting the market growth.
Logistics Automation Key Companies in India:
• ABB India Ltd. (ABB Ltd.)
• Beumer India Pvt Ltd. (Beumer Group)
• Daifuku Co. Ltd
• Falcon Autotech Private Limited
• Future Supply Chain Solutions Ltd
• Hinditron Group of Companies
• Inspirage, Mahindra Logistics Ltd.
• Muratec Machinery Ltd.
• SSI Schaefer AG. (Fritz Schäfer GmbH)
• TCI Express Limited.
Key Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Component:
• Software
• Hardware Integrated System
• Services
Breakup by Function:
• Warehouse and Storage Management
• Transportation Management
Breakup by Vertical:
• Manufacturing
• Healthcare and Pharmaceuticals
• Fast-Moving Consumer Goods
• Retail and eCommerce
• 3PL
• Aerospace and Defense
• Oil, Gas, and Energy
• Chemicals
• Others
Breakup by Region:
• North India
• West and Central India
• East India
• South India
Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=4030&flag=C
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Contact Person: Elena Anderson
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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