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The size of the world market for logistics automation is anticipated to reach USD 30.97 billion in 2022 and to expand at a compound annual growth rate (CAGR) of 15.7% from 2023 to 2030. Automation of logistical procedures such as shipping, storage, retrieval, and data management encompasses both hardware and software options. By automating these procedures, you may increase productivity, decrease error rates, and speed up turnaround. As bigger volumes can be easily managed by autonomous robots, conveyor systems, and automated storage systems, automation solutions help firms scale up.
One of the key reasons driving the market's growth is the increasing consumer preference for online shopping and the requirement for quick delivery times. Increased last-mile and speedy delivery fulfilment centres are a result of high consumer demand. The fulfilment centres are gradually switching from mechanised support to equipment without operators. The uses of robots and autonomous vehicles in logistics and warehousing will rise dramatically as these technologies develop over time, providing the target industry with growth prospects.
The logistics automation industry has a number of challenges, including a competitive market, a lack of industry standardisation, and a labour shortage for operating the most sophisticated systems. Automation software and equipment are complicated, and managing them requires a specific set of abilities. The growth of the target market may be constrained by the lack of qualified and trained labour, particularly in developing countries like China and India. Additionally, the absence of standardisation makes it challenging to build standardised solutions for the supply chain process, which drives up the cost of producing specialised solutions.
The bulk of global sectors and economies were affected by the COVID-19 epidemic. Governments all over the world issued strict lockdowns and border restrictions. The production facilities were either completely shut down or operated at reduced capacity in order to protect worker safety and preserve social distance. Labour shortage has a huge negative influence on the logistics industry and generated supply chain disruptions across all industry verticals. Companies in the logistics industry were forced to rearrange their logistics operations due to the rapid growth of online sales channels.
Report Coverage
Global Logistics Automation research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Logistics Automation report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Logistics Automation competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Logistics Automation market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Logistics Automation market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Logistics Automation market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
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
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Logistics Automation market based on the below-mentioned segments:
Global Logistics Automation Market, By Component
Hardware
Software
Services
Global Logistics Automation market, By Function
Inventory & Storage Management
Transportation Management
Global Logistics Automation Market, By Software Application
Inventory Management
Order Management
Yard Management
Shipping Management
Labor Management
Vendor Management
Customer Support
Others
Global Logistics Automation market, Regional Analysis
One of the key reasons driving the market's growth is the increasing consumer preference for online shopping and the requirement for quick delivery times. Increased last-mile and speedy delivery fulfilment centres are a result of high consumer demand. The fulfilment centres are gradually switching from mechanised support to equipment without operators. The uses of robots and autonomous vehicles in logistics and warehousing will rise dramatically as these technologies develop over time, providing the target industry with growth prospects.
The logistics automation industry has a number of challenges, including a competitive market, a lack of industry standardisation, and a labour shortage for operating the most sophisticated systems. Automation software and equipment are complicated, and managing them requires a specific set of abilities. The growth of the target market may be constrained by the lack of qualified and trained labour, particularly in developing countries like China and India. Additionally, the absence of standardisation makes it challenging to build standardised solutions for the supply chain process, which drives up the cost of producing specialised solutions.
The bulk of global sectors and economies were affected by the COVID-19 epidemic. Governments all over the world issued strict lockdowns and border restrictions. The production facilities were either completely shut down or operated at reduced capacity in order to protect worker safety and preserve social distance. Labour shortage has a huge negative influence on the logistics industry and generated supply chain disruptions across all industry verticals. Companies in the logistics industry were forced to rearrange their logistics operations due to the rapid growth of online sales channels.
Report Coverage
Global Logistics Automation research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Logistics Automation report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Logistics Automation competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Logistics Automation market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | 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 |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Logistics Automation Market from 2021 to 2030.
- Market Forecast for Logistics Automation Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Logistics Automation competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Logistics Automation
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Logistics Automation market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Logistics Automation market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
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
Primary Target Market
- Market Players of Logistics Automation
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Logistics Automation market based on the below-mentioned segments:
Global Logistics Automation Market, By Component
Hardware
Software
Services
Global Logistics Automation market, By Function
Inventory & Storage Management
Transportation Management
Global Logistics Automation Market, By Software Application
Inventory Management
Order Management
Yard Management
Shipping Management
Labor Management
Vendor Management
Customer Support
Others
Global Logistics Automation market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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