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(2023-2032) Logistics Automation Global Market Trends And Forecast Report | By Types, Applications, Regions And Players Include WiseTech Global Limited, Kion Group AG, VITRONIC, Jungheinrich AG, Murata Manufacturing Co. Ltd
Logistics Automation Global Market
Logistics Automation Market Size, Growth Rate, And Forecast
The global logistics automation market size grew from $55.22 billion in 2022 to $63.37 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The logistics automation market size is expected to grow to $101.26 billion in 2027 at a CAGR of 12.4%.
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Logistics Automation Market Drivers
The growth of the e-commerce industry is expected to propel the growth of the logistics automation market going forward. Ecommerce refers to the buying and selling of goods and services with the help of the Internet. Logistics automation is used by the e-commerce industry to maintain its stock in warehouses and distribution centers. This helps in the easy handling of goods between different departments in the company.
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Logistics Automation Market Segments
• By Component: Hardware, Software, Services
• By Function: Warehouse and Storage Management, Transportation Management
• By Organization Size: Small-Medium Size Organizations, Large Scale Organization
• By End-User: Retail and E-Commerce, Automotive, Food and Beverage, Logistics and Transportation, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Logistics Automation market.
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Logistics Automation Market Key Players
Major competitors in the Logistics Automation market include WiseTech Global Limited, Kion Group AG, VITRONIC, Jungheinrich AG, Murata Manufacturing Co. Ltd., Swisslog Holding AG, TGW Logistics Group, Mecalux S.A., Beumer Group, SSI Schaefer AG, Oracle, Falcon Autotech Private Limited
The Business Research Company's "Global Logistics Automation Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Logistics Automation Market Include:
1. Executive Summary
2. Logistics Automation Market Characteristics
3. Logistics Automation Market Trends And Strategies
4. Logistics Automation Market - Macro Economic Scenario
5. Logistics Automation Market Size And Growth
……….
27. Logistics Automation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Logistics Automation Market
29. Logistics Automation Market Future Outlook and Potential Analysis
30. Appendix
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