Press release
Global Logistics Automation Market: Riding the Wave of Innovation with a Expect Projected Market Worth of $126.19 Billion by 2029
"Emerging as a key player in efficiency and cost savings, the logistics automation market continues its upward growth trajectory, spurred by e-commerce growth, advancements in technology and shifting customer expectations.
What Is The Projected Market Size Of The Global Logistics Automation Market And Its Growth Rate?
The logistics automation market has witnessed exponential growth:
•The market value rose from $66.59 billion in 2024 to $73.9 billion in 2025, marking an impressive CAGR of 11.0%.
•Factors such as cost reduction, demand for efficiency, e-commerce expansion, globalization, and rising customer expectations supported this historical growth.
•Looking ahead, the market is expected to continue its rapid growth, reaching a value of $126.19 billion in 2029 with a CAGR of 14.3%.
•The driving forces for this growth forecast include trends like autonomous vehicles, warehouse robotics, robotic process automation (RPA), customization and flexibility, as well as collaborative robotics (Cobots).
What Is Driving The Growth In The Logistics Automation Market?
The e-commerce industry is significantly propelling the logistics automation market. Ecommerce utilizes logistics automation for efficient handling of goods between various departments, benefiting from its ability to streamline operations and maintain stock in warehouses and distribution centers. Reports show the number of e-commerce users in the UK reaching approximately 60 million in 2023, predicted to grow to 62.1 million by 2025. This growth within e-commerce lays the foundation for an upward trend in the logistics automation market.
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Who Are the Key Players Driving Logistics Automation Market Growth?
Well-established companies spearheading the logistics automation market include:
•Oracle Corporation
•ABB Ltd.
•Toshiba Logistics Corporation
•Murata Manufacturing Co Ltd.
•Kion Group AG
•Jungheinrich Aktiengesellschaft
•Daifuku Co Ltd.
•Kuka Robotics GmbH
•Yaskawa Electric Corporation
•Dematic GmbH, JBT Corporation
•SSI Schaefer AG, Knapp AG
•Körber Supply Chain Solutions
•Mecalux S.A., Beumer Group GmbH
•TGW Logistics Group GmbH
•Manhattan Associates Inc.
•Swisslog Holding AG
•JDA Software Group Inc.
What Are The Key Trends In The Logistics Automation Market?
Key trends that could shape the forecast period include:
•Blockchain technology
•Artificial Intelligence (AI) integration
•Technological advancements
•Autonomous vehicles and drones
•Robotics in warehousing
What Are The Segments Of The Global Logistics Automation Market?
For a comprehensive understanding, the market is segmented as follows:
•By Component: Hardware, Software, Services
•By Function: Warehouse and Storage Management, Transportation Management
•By Organization Size: Small-Medium Size Organizations, Large Scale Organizations
•By End-User: Retail and E-Commerce, Automotive, Food and Beverage, Logistics and Transportation, Other End Users
Which Region Leads The Logistics Automation Market?
North America lead the logistics automation market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the coming period. The comprehensive analysis includes regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Logistics Automation Market Global Market Report?
- Market Size Analysis: Analyze the Logistics Automation Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Logistics Automation Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Logistics Automation Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Logistics Automation Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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