Press release
Logistics Automation Market to reach USD 103.9 Bn by 2029, Technological Advancements and Growth Opportunities
Pune 08, May 2023: The Global Logistics Automation Market was valued at USD 50.1 Bn in 2021 and is expected to reach USD 103.9 Bn in 2029, growing at a CAGR of 10.98 Percent through the forecast period.Logistics Automation Market Report Scope and Research Methodology
The report, published by MMR, explores the different segments of the market, including Function, Organization Size, Vertical, Component, and Region. The regions analyzed in the report are North America, Asia Pacific, Europe, Middle East & Africa, and South America.
Logistics automation refers to the use of technology like machinery and logistics software to improve the efficiency of logistical processes from procurement to production, inventory management, distribution, customer service, and recovery. The report provides an overview of the different technologies involved in logistics automation, including automatic guided vehicles, robotic arms, and automated storage & retrieval systems (AS/RS) like carousels and vertical lift modules. On the software side, many solutions help with sales, WMS, CRM, billing, accounting, tracking, business intelligence, and more. Logistics automation involves the use of technologies that boost warehouse efficiency, ranging from goods receipt and order fulfillment to stock control and order dispatch.
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Logistics Automation Market Dynamics
One of the significant drivers of the logistics automation market growth is rising adoption of big data in automated logistics technologies. Increasing use of IoT platform in logistics and supply chain management is further boosting the growth of logistics automation market across the globe. Moreover, the growing popularity of Logistics 4.0 in transportation and warehousing drives the growth of the global logistics automation market. However, the high capital cost requires implementing the automation in the logistics operations which may hinder the global logistics automation market.
The report investigates the Global Logistics Automation Market drivers, limitations, prospects, and barriers. The report includes investor recommendations based on a thorough examination of the contemporary competitive scenario.
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Logistics Automation Market Regional Insights
Many countries such as India, UK have put strict lockdown across the country, which restrains the movement of people as well as goods, across the national and international borders. This negatively impacts the revenue of logistics companies, and in turn hampers the adoption of advanced technologies across the logistics sector.
Logistics Automation Market Segmentation
By Function:
• Warehouse & Storage Management
• Transportation Management
By Organization Size:
• Small & Medium-sized Enterprises (SMEs)
• Large Enterprises
By Vertical:
• Retail & E-commerce
• Manufacturing
• Oil, Gas & Energy
• Pharmaceuticals & Healthcare
• Logistics & Transportation
• Automotive
• Aerospace & Defense
• Food & Beverage
• Chemicals
• Others
By Components:
• Hardware-integrated Systems
• Software
o Warehouse Management System (WMS) software
o Transportation Management System (TMS) software
• Services
o Consulting
o Implementation
o Support and Maintenance
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Logistics Automation Market Key Competitors include:
• Toshiba Logistics
• TGW Logistics Group GmbH
• Wisetech Global
• System Logistics SPA
• Falcon Autotech
• Dematic
• Daifuku
• Swisslog
• Honeywell Intelligrated
• Murata Machinery
• Knapp GG
• Jungheinrich AG
• SSI Schaefer
• Mecalux, S.A.
• Vitronic
• Beumer Group
• Hinditron
• JBT Corporation
• UlMA Handling System
• SI system LLC
• The Apache Software Foundation
• KNAPP AG
• Blue Yonder
• E&K Automation
• HighJump
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Table of Content for Logistics Automation Market
Global Logistics Automation Market: Research Methodology
Global Logistics Automation Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Logistics Automation Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Logistics Automation Market Segmentation
Global Market, by Function (2021-2029)
Global Market, by Organization Size (2021-2029)
Global Market, by Vertical (2021-2029)
Global Market, by Components (2021-2029)
Regional Logistics Automation Market (2021-2029)
Regional Market, by Function (2021-2029)
Regional Market, by Organization Size (2021-2029)
Regional Market, by Vertical (2021-2029)
Regional Market, by Components (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Function, Organization Size, Vertical and Components
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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