Global Logistics Automation Market Size, Share, Trend, and Forecast 2022 – 2032
The Global Logistics Automation Market Size is to Grow from USD 32.55 Billion in 2022 to USD 105.85 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 12.5% during the projected period.
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Logistics automation offers several advantages, including improved customer service, scalability, speed, organisational control, and reduced error rates. The global demand for efficient inventory management and warehousing practises, coupled with the growth of the e-commerce sector, is propelling the market. These more advanced computer systems can benefit from the addition of logistics automation systems to their services. Solutions can be tailored to the unique requirements of a single node when it comes to a larger logistics network. An increasing number of robots are being used to enhance logistics processes. The use of logistics robots has increased recently. Businesses have purchased automated storage and retrieval systems (AS/RS) to automate movements because warehousing is becoming more complex and because flexible and efficient operations are essential.
The COVID-19 pandemic has led to changes in the labour force, temporary limitations on the transportation of products, and the implementation of automation solutions. Temporary limitations on product transportation have been brought about by supply-chain disruptions caused by the pandemic. Businesses have had to redesign their warehouses in order to handle the logistics of e-commerce due to the rise in online sales. Businesses have also had to safeguard the workers’ health and safety along the entire supply chain. Some logistics companies chose to automate their processes and make staff adjustments in order to meet the demands of e-commerce and adjust to changing circumstances.
Throughout the forecast period, the software segment is expected to hold the largest revenue share, dominating the market.The global logistics automation market is divided into three segments based on the components used: hardware, software, and services. With the biggest revenue share over the course of the forecast period, the software segment is leading the market among these. Two segments of the software market are warehouse management systems and transportation management systems. Over the forecast period, warehouse management software, which automates and optimises a variety of warehouse operations including receiving, inventory storage, tracking, and workload planning, is anticipated to hold the largest market share.
List of Key Companies
- Dematic Corp. (Kion Group AG)
- Daifuku Co. Limited
- Swisslog Holding AG (KUKA AG)
- Honeywell International Inc.
- Jungheinrich AG
- Murata Machinery Ltd
- Knapp AG
- TGW Logistics Group GmbH
- Kardex Group
- Mecalux SA
- Beumer Group GmbH & Co. KG
- SSI Schaefer AG
- Vanderlande Industries BV
- WITRON Logistik
- Oracle Corporation
- One Network Enterprises Inc.
- SAP SE
Market segmentation:
By Component Analysis
- Hardware
- Software
- Services
By Function Analysis
- Transportation Management
- Warehouse Management
- Inventory & Storage
- Others
Competitive analysis:
The competitive analysis section of the Global Logistics Automation Market research report provides a detailed study of the competitive landscape within the market. It aims to identify and assess key market players, their strategies, and their impact on overall market dynamics. Each company’s profile provides insight into its business profile, product portfolio, geographic presence, and recent developments. This information helps stakeholders to gain a comprehensive understanding of market participants and their capabilities.
In addition, competitive analysis examines the market share held by each major player and assesses their position within the market. Assessing relative market strength considers factors such as revenue, market capitalization, and market share growth over time. By understanding the distribution of market shares, industry participants can identify key players and their market power.
Browse key industry insights spread across 200 pages with 100 market data tables and figures & charts from the report on “Global Logistics Automation Market Size, Share, and COVID-19 Impact Analysis, By Component (Hardware, Software, Services), By Function (Transportation Management, Warehouse Management, Inventory & Storage, Others), By Logistics Type (Sales Logistics, Production Logistics, Recovery Logistics, Others), By Enterprise Size (Large Enterprises, SMEs), By Software Application (Inventory Management, Order Management, Yard Management, Shipping Management, Labor Management, Vendor Management, Customer Support, Others), By End-User (Retail & E-commerce, Healthcare, Automotive, Aerospace & Defense, Electronics & Semiconductors, Others) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032″.
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The Global Logistics Automation Market Report aims to answer the following key questions:
- What are the main products and services offered in the market and how are they evolving to meet changing consumer demands?
- What are the key technological advances and innovations impacting the market and how will they affect the competitive landscape?
- What are the key distribution channels and marketing strategies market players employ to effectively reach their target audience?
- What are the price trends in the market, and how do prices change across different product segments and geographies?
- How will changing demographic patterns, such as age groups and income levels, affect consumer behaviour and market demand?
- What are the key cost factors and factors that influence the profitability of companies in the Global Logistics Automation Market?
- How will sustainability and environmental considerations affect consumer preferences and market growth in this sector?
- What are the investment opportunities and challenges for new entrants and investors looking to enter the market?
- How do government policies and regulations impact market dynamics and shape industry strategies?
- What are the current supply chain trends and challenges in the market, and how do they affect product availability and pricing?
- What are the levels of customer satisfaction and loyalty within the market, and how do market participants differentiate in terms of service quality?
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