Logistics Automation Market Future Growth, Global Size, Opportunities, Top Companies, Trends, Segmentation, Regional Analysis, and Forecast to 2029

Logistics Automation Market by Offering (Automated Guided Vehicles (AGVs), Autonomous Mobile Robots (AMRs), Automated Storage & Retrieval Systems, Conveyors, Warehouse Management Systems), Technology (RPA, Big Data, Blockchain) - Global Forecast to 2029
The global logistics automation market [https://www.marketsandmarkets.com/Market-Reports/logistics-automation-market-83657139.html?utm_campaign=logistics-automation-market&utm_source=abnewswire.com&utm_medium=paidpr] is projected to grow at a compound annual growth rate (CAGR) of 8.4%, increasing from an estimated USD 35.14 billion in 2024 to USD 52.53 billion by 2029. This growth is primarily driven by the adoption of smart warehousing systems enabled by IoT, the use of AI for data analysis to optimize supply chain operations and improve decision-making efficiency, and advancements in cold chain logistics that enhance the efficiency of temperature-sensitive deliveries.

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By software deployment mode, cloud is expected to grow at the highest CAGR during forecast period.

By deployment mode, cloud segment is expected to grow at highest CAGR during forecast period. Cloud-based solutions provide flexibility, scalability, and cost-effective management of the complex global supply chain that the logistics companies need to manage. The advantage of such a solution is that it has access to real-time data, which, in turn, optimizes routes, inventory management, and other fleet at different locations without requiring huge infrastructure on the on-premises network. Cloud platforms also facilitate easier integration with other digital tools such as IoT, AI, and machine learning, which otherwise helps in the smooth operation process and enhances decision-making capability. Cloud deployment also allows for easier updates and maintenance. This reduces downtime as well as overheads from IT teams. Increasing demand for remote operations and the need for more agile and scalable logistics systems is a strong driver of the continued dominance of the cloud segment in logistics automation software.

By automation software, transport system management segment is projected to grow at the highest CAGR during the forecast period.

Transportation Management Systems (TMS) are projected to grow at the highest CAGR in the logistics automation market due to increasing demand for real-time tracking, route optimization, and efficient fleet management. Companies are adopting TMS because of the rise in online shopping, the interconnected nature of supply chains worldwide, and the need to reduce operational costs. The integration of AI, IoT, and cloud technology in transportation management systems results in faster deliveries and better resource utilization. The growing emphasis on reducing carbon footprints and fuel usage is driving the implementation of transportation management systems for automating logistics, ultimately enhancing sustainability.

Asia Pacific is expected to grow at the highest CAGR during the forecast period.

Logistics automation is most likely going to be the largest market area in the Asia Pacific region, driven by rapid industrialization, rising volumes of e-commerce, and increased adoption of advanced technologies in supply chains. Major countries like China, Japan, India, and South Korea are also leading in the implementation of automation solutions to meet the ever-growing demand for faster and more efficient logistics operations. The region has a large consumer base, and the emergence of e-retailers has rapidly increased demand for streamlined logistics processes such as automated warehouses, autonomous vehicles, and AI-based inventory management systems. In addition, smart manufacturing and the effort to digitalize started by the government, mainly in China and India, are accelerating the adoption of logistics automation technologies. Asia Pacific's strong infrastructure development and thrust towards innovation along with investments in automation technologies put this region at the commanding lead in the global logistics automation market.

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Unique Features in the Logistics Automation Market

Logistics automation heavily relies on IoT-enabled smart warehousing systems that offer real-time monitoring of inventory, equipment, and operations. These systems improve visibility and control across supply chain processes, reducing errors and boosting efficiency.

Artificial intelligence (AI) plays a pivotal role in analyzing vast amounts of logistics data. By leveraging AI, businesses can optimize routing, forecast demand, and enhance operational decision-making, resulting in significant cost and time savings.

The use of advanced robotics in logistics automation, including automated guided vehicles (AGVs) and robotic picking systems, has revolutionized material handling, order fulfillment, and warehouse management. These technologies ensure faster and more accurate operations while reducing labor costs.

Cold chain logistics automation has made significant strides, with innovative solutions designed to improve the handling of temperature-sensitive goods. These advancements ensure precise temperature monitoring and control, maintaining product integrity throughout the supply chain.

Automation solutions integrate GPS, RFID, and IoT technologies to enable real-time tracking of goods. This enhanced visibility ensures better supply chain management, reduces delays, and provides customers with up-to-date shipment status.

Major Highlights of the Logistics Automation Market

The integration of IoT in smart warehousing systems has revolutionized inventory and equipment management. These systems offer real-time monitoring and data-driven insights, optimizing warehouse operations and reducing operational inefficiencies.

AI is a key driver in logistics automation, enabling advanced data analytics to optimize routing, enhance supply chain decision-making, and predict demand. The application of AI has significantly improved operational efficiency and reduced costs across the sector.

The market has witnessed widespread adoption of robotics, including automated guided vehicles (AGVs) and robotic picking systems, to streamline material handling and order fulfillment. These technologies ensure speed, precision, and reduced reliance on manual labor.

Cold chain logistics is a growing area of focus, with automation solutions enhancing the efficiency and reliability of temperature-controlled supply chains. These innovations ensure the safe and timely delivery of temperature-sensitive products, including food and pharmaceuticals.

Automation solutions that incorporate GPS, RFID, and IoT technologies provide real-time tracking and visibility of goods across the supply chain. This capability improves transparency, reduces delays, and enhances customer satisfaction.

Autonomous vehicles and drones are emerging as transformative technologies in last-mile delivery. Their adoption is driving faster deliveries, cost savings, and sustainable logistics solutions for urban and rural areas alike.

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Top Companies in the Logistics Automation Market

Some leading players in the Logistics automation market include KION Group (Germany), Honeywell (US), Daifuku (Japan), IBM (US), SAP (Germany), Oracle (US), ABB (Switzerland), Samsung SDS (South Korea), Manhattan Associates (US), KUKA Group (Germany) and Jungheinrich (Germany). These players have successfully leveraged collaborative partnerships with technological vendors and tech organizations to foster innovation and drive new developments. Their significant investment in research and development enables them to explore advanced technology and enhance automation capabilities, solidifying their competitive edge and boosting market positioning.

HONEYWELL

Honeywell has established itself as one of the leaders in the logistics automation market by offering advanced warehouse solutions that address the complexities of modern distribution and fulfillment operations. Their systems enhance efficiency and adaptability, enabling businesses to manage increased SKU diversity, meet stringent service level agreements, and tackle labor shortages effectively. By integrating cutting-edge technologies such as robotics, AI, and data analytics, Honeywell Intelligrated not only optimizes operational performance but also future-proofs organizations against evolving market demands. Their commitment to innovation and customer-centric solutions has solidified their competitive advantage in the rapidly changing landscape of logistics automation.

ABB

ABB has positioned itself as one of the key player in the logistics automation market by leveraging its extensive expertise in electrification, robotics, and digitalization. The company focuses on creating integrated solutions that enhance productivity and efficiency in supply chains, addressing challenges like labor shortages and increasing demand for faster delivery. By combining advanced technologies such as artificial intelligence and machine learning with their automation systems, ABB enables businesses to streamline operations and reduce costs. Their commitment to innovation and sustainability, along with strategic partnerships and acquisitions, has further solidified their competitive advantage, allowing them to adapt to the evolving needs of the logistics sector effectively.

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