Press release
Logistics Automation Market Growth Opportunities , Share Leaders, Trends And Forecast To 2029
6.9.2023: Logistics Automation Market is projected to reach USD 115.29 billion by 2029, with a CAGR of 10.98% during the forecast period.Logistics Automation Market Report Scope and Research Methodology
Report Scope: The Global Logistics Automation Market report delves into various aspects of logistics automation, including its functions, organization size, verticals, components, and regional insights. It provides comprehensive analysis and insights into the market's growth drivers, challenges, and prospects.
Research Methodology: The report is based on extensive research, incorporating data from market participants and covering regions such as North America, Asia Pacific, Europe, Middle East & Africa, and South America. The analysis encompasses historical data from 2017 to 2020 and uses facts, figures, illustrations, and presentations to offer key insights. Investor recommendations are provided based on a thorough examination of the contemporary competitive landscape.
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What are Logistics Automation Market Dynamics?
Drivers and Restraints: The report identifies key drivers fueling the growth of the logistics automation market, such as the adoption of big data, IoT platforms, Robotics, and Industry 4.0. These technologies are revolutionizing warehouse management, optimizing supply chains, and enhancing productivity. However, the high capital cost of automation and the lack of uniform governance standards pose as significant challenges for market growth.
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Logistics Automation Market Segmentation?
by Function
Warehouse & Storage Management
Transportation Management
Function: Transportation management is the fastest-growing segment, driven by the need for timely delivery and cost reduction.
by Components
Hardware-integrated Systems
Software
Warehouse Management System (WMS) software
Transportation Management System (TMS) software
Services
Consulting
Implementation
Support and Maintenance
Component: Hardware-integrated systems, including robotics and automation technology, are in high demand, especially in the food and beverage industry.
by Vertical
Retail & E-commerce
Manufacturing
Oil, Gas & Energy
Pharmaceuticals & Healthcare
Logistics & Transportation
Automotive
Aerospace & Defense
Food & Beverage
Chemicals
Others
Vertical: The automotive sector leads the market due to increased competition and the need for automated production and logistics systems. Retail and e-commerce follow closely, driven by the rise in online shopping and changing customer demands.
Who are Logistics Automation Market Key Players?
1. Toshiba Logistics
2. TGW Logistics Group GmbH
3. Wisetech Global
4. System Logistics SPA
5. Falcon Autotech
6. Dematic
7. Daifuku
8. Swisslog
9. Honeywell Intelligrated
10. Murata Machinery
11. Knapp GG
12. Jungheinrich AG
13. SSI Schaefer
14. Mecalux, S.A.
15. Vitronic
16. Beumer Group
17. Hinditron
18. JBT Corporation
19. UlMA Handling System
20. SI system LLC
21. The Apache Software Foundation
22. KNAPP AG
23. Blue Yonder
24. E&K Automation
25. HighJump
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Regional Insights:
Asia Pacific: Expected to have the highest growth rate in the global logistics automation market. Factors such as large-scale industrialization, rising population, and increased investments are contributing to market growth.
Key Offerings:
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 Product
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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