Logistics Automation Market Size, Share, Trends, Growth Opportunities, Key Drivers and Competitive Outlook

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Global logistics automation market size was valued at USD 32.70 billion in 2023 and is projected to reach USD 77.61 billion by 2031, with a CAGR of 11.41% during the forecast period of 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geog

"Global Logistics Automation Market – Industry Trends and Forecast to 2031

Global Logistics Automation Market, By Component (Hardware, Software, Services), Function (Inventory and Storage Management, Transportation Logistics), Logistics Type (Sales Logistics, Production Logistics, Recovery Logistics, Procurement Logistics), Organization Size (Large Enterprise, Small and Medium-Sized Enterprises (SMEs)), Software Application (Inventory Management, Order Management, Yard Management, Shipping Management, Labor Management, Vendor Management, Customer Support, Other), Mode of Freight Transport (Air, Road, Sea), Application (Transportation, Infotainment System, Safety and Alerting System, Others), End User (Retail and E-Commerce, Manufacturing, Oil, Gas, and Energy, Food and Beverage, Post and Parcel, Groceries, General Merchandise, Apparel, Fast Moving Consumer Goods, Pharmaceuticals and Healthcare, Logistics and Transportation, Automotive, Aerospace and Defense, Food and Beverage, Chemicals, Others) – Industry Trends and Forecast to 2031.

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**Segments**

- **Component:** The logistics automation market can be segmented based on components into warehouse & storage management systems, transportation management systems, and others. These components play a crucial role in streamlining various processes within the logistics industry, resulting in improved efficiency and cost-effectiveness.

- **Application:** In terms of application, the market can be segmented into warehouse management, transportation management, and others. Automation solutions are extensively used in warehouse and transportation operations to enhance productivity, minimize errors, and accelerate overall operations.

- **End-User:** The market can also be segmented based on end-users, including retail, e-commerce, manufacturing, healthcare, and others. Each sector has unique requirements when it comes to logistics operations, and automation technologies can be tailored to meet these specific needs effectively.

**Market Players**

- **Daifuku Co., Ltd.**: Daifuku Co., Ltd. is a prominent player in the logistics automation market, offering a wide range of automation solutions such as automated guided vehicles (AGVs), warehouse automation systems, and sorting systems.

- **Honeywell Intelligrated**: Honeywell Intelligrated specializes in providing advanced warehouse execution systems, conveyor systems, and robotic solutions that help streamline warehouse operations and enhance efficiency.

- **Murata Machinery, Ltd.**: Murata Machinery, Ltd. is known for its innovative automation technologies, including automated storage and retrieval systems (AS/RS), palletizing robots, and material handling equipment, catering to diverse logistics requirements.

- **Knapp AG**: Knapp AG offers cutting-edge logistics automation solutions, including shuttle systems, order picking robots, and software solutions for warehouse optimization, contributing to improved logistics efficiency and operational performance.

The logistics automation market is witnessing significant growth due to the increasing demand for streamlined supply chain operations, improved productivity, and cost optimization in the logistics industry. With advancements in technologies such as artificial intelligence, robotics, and IoT, the market is expected to witness further expansion in the coming years. Key market players like DaThe logistics automation market is experiencing a surge in growth driven by the escalating need for efficient supply chain operations, enhanced productivity, and cost optimization within the logistics sector. Automation technologies are revolutionizing the way warehouses and transportation systems operate, leading to streamlined processes and improved overall efficiency. The market segmentation based on components highlights the key areas where automation solutions are implemented, including warehouse & storage management systems, transportation management systems, and other components that play a pivotal role in enhancing operational efficiency and reducing costs.

When it comes to applications, automation solutions are widely utilized in warehouse management, transportation management, and other areas to optimize operations, minimize errors, and boost productivity. The adoption of automation technologies in these applications is reshaping the logistics industry by introducing advanced systems that can handle tasks efficiently and accurately. Moreover, the segmentation based on end-users reflects the diverse sectors such as retail, e-commerce, manufacturing, healthcare, and others, each with specific logistics requirements that can be effectively met through tailored automation solutions.

Key market players such as Daifuku Co., Ltd., Honeywell Intelligrated, Murata Machinery, Ltd., and Knapp AG are at the forefront of delivering innovative automation technologies that are reshaping the logistics landscape. These players offer a wide array of solutions ranging from automated guided vehicles (AGVs) and warehouse automation systems to advanced warehouse execution systems and order picking robots. Their technological advancements are driving the integration of automation solutions into logistics operations, leading to improved efficiency, operational performance, and cost-effectiveness.

In addition to the existing market players, the logistics automation market is poised for further growth with the continuous advancements in technologies like artificial intelligence, robotics, and Internet of Things (IoT). These technologies are enabling the development of more sophisticated automation solutions that can address the evolving needs of the logistics industry. The market is expected to witness a substantial expansion in the coming years as businesses increasingly recognize the benefits of automation in streamlining operations, enhancing productivity, and staying competitive in the dynamic market landscape. The synergy between technology**Global Logistics Automation Market**
- **Component (Hardware, Software, Services)**
- **Function (Inventory and Storage Management, Transportation Logistics)**
- **Logistics Type (Sales Logistics, Production Logistics, Recovery Logistics, Procurement Logistics)**
- **Organization Size (Large Enterprise, Small and Medium-Sized Enterprises (SMEs))**
- **Software Application (Inventory Management, Order Management, Yard Management, Shipping Management, Labor Management, Vendor Management, Customer Support, Other)**
- **Mode of Freight Transport (Air, Road, Sea)**
- **Application (Transportation, Infotainment System, Safety and Alerting System, Others)**
- **End User (Retail and E-Commerce, Manufacturing, Oil, Gas, and Energy, Food and Beverage, Post and Parcel, Groceries, General Merchandise, Apparel, Fast Moving Consumer Goods, Pharmaceuticals and Healthcare, Logistics and Transportation, Automotive, Aerospace and Defense, Food and Beverage, Chemicals, Others) – Industry Trends and Forecast to 2031.**

The global logistics automation market is experiencing remarkable growth driven by the increasing demand for efficient supply chain operations, enhanced productivity, and cost optimization across various industries. The market segmentation based on components, functions, logistics types, organization size, software applications, modes of freight transport, applications, and end-users provides a comprehensive view of the diverse landscape of logistics automation solutions. Hardware, software, and services are prominent components fueling the market growth, with a focus

 

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Logistics Automation Market Landscape

Part 04: Global Logistics Automation Market Sizing

Part 05: Global Logistics Automation Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key takeaways from the Logistics Automation Market report:

  • Detailed considerate of Logistics Automation Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
  • Comprehensive valuation of all prospects and threat in the
  • In depth study of industry strategies for growth of the Logistics Automation Market-leading players.
  • Logistics Automation Market latest innovations and major procedures.
  • Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
  • Conclusive study about the growth conspiracy of Logistics Automation Market for forthcoming years.

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