Logistics Automation Market Booms with 9.90% CAGR – Key Insights & Forecast (2024-2032)

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Logistics Automation Market Size Was Valued at USD 68.46 Billion in 2023, and is Projected to Reach USD 160.11 Billion by 2032, Growing at a CAGR of 9.90% From 2024-2032.

Logistics Automation Market Overview

The logistics automation sector is progressing swiftly as companies implement AI, robotics, IoT, and cloud solutions to improve supply chain effectiveness. Automation enhances transportation, inventory control, warehousing, and order fulfillment by lowering expenses, accelerating deliveries, and increasing precision. Sectors like e-commerce, manufacturing, and retail are utilizing these technologies to optimize operations, reduce manual input, and enhance productivity. This change is fueled by a growing need for quicker, more efficient, and economical logistics options.

The logistics automation sector is swiftly expanding, fueled by technological progress and the demand for streamlined supply chains. Technological advancements such as robotics, AI, machine learning, and IoT have revolutionized logistics processes, boosting efficiency, lowering expenses, and enhancing overall business outcomes.

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Key Players in This Report Include:

Dematic , Honeywell Intelligrated ,Daifuku , Oracle, SAP ,IBM ,SSI Schaefer , Knapp, Manhattan Associates, Swisslog, Blue Yonder,Mantis,Murata Machinery, TGW Logistics Group, Jungheinrich, System Logistics, Zebra Technologies, ABB, BEUMER Group ,Korber, O9 Solutions, JR Automation(US), Automated Logistics Systems,SBS Toshiba Logistics , SAVOYE, Symbotic, Locus Robotics, GreyOrange , Eyesee (Hardis Group), Falcon Autotech , Logistically,and Logiwa, and Other Major Players.

Logistics Automation Market Trend Analysis

Market Driver:

·         Advancements in Robotics and Automation Solutions Revolutionize Supply Chain Operations: The integration of robotics and automation in logistics boosts productivity throughout the sector. Automated mobile robots (AMRs) are commonly utilized in warehouses and distribution centers for moving items, picking, and sorting. These autonomous robots move through facilities independently, enhancing efficiency and accuracy in orders while streamlining warehouse operations.

Market Opportunity:

·         The logistics automation sector is growing, particularly in developing economies that are investing in infrastructure and digitalization. Businesses are combining robotics with IoT to enhance warehousing and minimize inefficiencies. Sustainable logistics is promoting the use of eco-friendly technologies and AI-driven systems. The deployment of 5G will improve real-time data transfer, speeding up automation development for better efficiency and cost reduction.

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Logistics Automation Market

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The Logistics Automation Market segments:

By Components

·         Hardware

·         Autonomous Mobile Robots (AMRs)

·         Automated Guided Vehicles (AGVs)

·         Automated Storage and Retrieval Systems (AS/RS)

·         Automated Sorting and Conveyor Systems

·         De-palletizing/Palletizing Systems

·         Automatic Identification and Data Collection (AIDC)

·         Software

·         Warehouse Management System (WMS) software

·         Transportation Management System (TMS) software

·         Services

·         Consulting

·         Deployment & Integration

·         Support and Maintenance

By Function

·         Inventory and Storage Management

·         Transportation logistics

By  Logistics Type

·         Sales Logistics

·         Production Logistics

·         Recovery Logistics

·         Procurement Logistics

·         By Organization size

·         SMEs

·         Large Enterprises

By Software Application

·         Inventory Management

·         Order Management

·         Yard Management

·         Shipping Management

·         Labor Management

·         Vendor Management

·         Customer Support

·         Other Applications

By Vertical

·         Retail & eCommerce

·         Manufacturing

·         Healthcare & Pharmaceuticals

·         Food & Beverages

·         Automotive

·         Aerospace and Defense

·         Chemicals

·         Other Verticals (paper and printing, and textiles and clothing)

Regional Analysis:

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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Key questions answered in the Logistics Automation Market are:

  • Which is the fastest growing region in the Logistics Automation Market?
  • What is the growth rate of the Logistics Automation Market?
  • What are the upcoming opportunities and trends for the Logistics Automation Market?
  • What segments are covered in the Logistics Automation Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Logistics Automation Market?
  • Which are the factors expected to drive the Logistics Automation growth?
  • What is the CAGR at which the Logistics Automation market will grow during the forecast period?

Within our study, we study the complete ecosystem of the Logistics Automation market, explaining various market stakeholders, their functions, and interdependencies. Additionally, our comprehensive segmentation analysis and geographical coverage provide profound insights into regional trends. We also analyse externally affecting factors.

Crucial to our report are the in-depth company profiles and competitive analysis, providing invaluable insights into market players' overview, market role, operating business segments, and financial performance. By evaluating vital metrics like production volume, sales volume, and sales margin, we establish a comprehensive understanding of their market position.

Key Attentions of Logistics Automation

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