Global Logistics Automation Market Size study & Forecast, by Component (Hardware, Software, Service), By Function (Inventory and Storage Management, Transportation Logistics), Logistics Type (Sales Logistic, Production Logistic, Recovery Logistics, Proc

Global Logistics Automation Market Size study & Forecast, by Component (Hardware, Software, Service), By Function (Inventory and Storage Management, Transportation Logistics), Logistics Type (Sales Logistic, Production Logistic, Recovery Logistics, Procurement Logistics), By Organization Size (Micro, Small And Medium Enterprises (Msme) Large Enterprises ), By Software Application (Inventory Management, Order Management, Yard Management, Shipping Management, Labour Management, Vendor Management, Customer Support, Other Applications), By Vertical (Retail And E-Commerce, Manufacturing, Healthcare and Pharmaceuticals, Food and Beverages, Automotive, Aerospace and Defense, Chemicals, Other Verticals) by and Regional Analysis, 2023-2030

Global Logistics Automation Market is valued at approximately USD 29.9 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.3% over the forecast period 2023-2030. The Logistics Automation Market means the use of advanced technologies and systems to streamline and optimize the processes involved in the transportation, storage, and management of goods, resulting in increased efficiency, cost savings, and improved overall supply chain performance. The Logistics Automation Market is being driven by factors such as the adoption of e-commerce and increasing demand for high-level logistics management.

The inclination of consumer is increasing towards the e-commerce. According to Statista retail e-commerce sales world –wide in 2020 was USD 4,248 billion wihic is rising in 2021by USD 4,938 billion and expected to reach USD 7,391 by 2025. Thus rising in retail e-commerce sales is fueling the growth of the market. In addition to the adoption of automation for cost-cutting in facilities and improving logistics automation technology may create lucrative opportunities for the market. However, the lack of uniform governance standards may hinder the growth of the market.

The key regions considered for the Global Logistics Automation Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of logistics automation solution providers and the government taking appropriate initiatives to promote robust infrastructure. North America is also considered the fastest growing market during the forecasted period due to the rapid implementation modern technology and presence of major players in the region.

Major market player included in this report are:
International Business Machines corporation
Oracle
Honeywell International Inc.
Jungheinrich AG
Kion Group AG
Knapp AG
Mecalux
Murata Machinery, Ltd.,
SBS Toshiba logistics
Falcon Autotech Pvt. Ltd.

Recent Developments in the Market:
On August 2021, FedEx Ground, a subsidiary of FedEx, introduced an advanced robotics system at its facility in Queens, New York. This AI-enabled robotics system was deployed to effectively manage the high volume of small packages associated with the growing demand in e-commerce delivery. The autonomous robots are capable of independently handling various tasks, including picking, identifying, sorting, collecting, and containerizing small packages on a large scale. This implementation showcases FedEx's commitment to embracing new innovations to streamline operations and meet the evolving needs of the e-commerce industry.

Global Logistics Automation Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered –Component, Function, Logistics Type, Organization size, Software application, Vertical , Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Hardware
Software
Service
By Function:
Inventory and Storage Management
Transportation Logistics
By Logistics Type:
Sales Logistic
Production Logistic
Recovery Logistics
Procurement Logistics
By Organization Size:
Micro , Small and Medium Enterprises (Msme)
Large Enterprises
By Software Application:
Inventory Management
Order Management
Yard Management
Shipping Management
Labor Management
Vendor Management
Customer Support
Other Applications
By vertical:
Retail And E-Commerce
Manufacturing
Healthcare and Pharmaceuticals
Food And Beverages
Automotive
Aerospace and Defense
Chemicals
Other Verticals

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Afri

Companies Mentioned
International Business Machines corporation
Oracle
Honeywell International Inc.
Jungheinrich AG
Kion Group AG
Knapp AG
Mecalux
Murata Machinery, Ltd.,
SBS Toshiba logistics
Falcon Autotech Pvt. Ltd.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.