Logistics Automation Market, by Component (Hardware, Software, and Services), by Mode of Transportation (Airways, Railways and Roadways, and Seaways), by Vehicle Type (Passenger Vehicle, Low Commercial Vehicle, and High Commercial Vehicle), by Application (ADAS, Infotainment System, Safety and Alerting System, Lightning and Powertrain System, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
An automaton is a network of self-operating machines that are designed to perform a predefined sequence of operations. Automation is majorly integrated in the logistics sector to make operations easier and smoother. The integration of latest technologies and tools in the logistics sector have ensured that all the tasks and operations are highly coordinated, which further smoothens the product delivery process in an organization. Moreover, transportation management systems (TMS) and warehouse management systems (WMS) are being adopted in the logistics sector for connecting all the departments of an organization through a singular platform, which increases the control over operational activities. TMS and WMS can also provide real-time data from suppliers and internal systems.
Market Dynamics
Rising adoption of the internet of things (IoT) and artificial intelligence (AI) in the automotive logistics sector is expected to drive the market growth. Advantages associated with automation in logistics sector such as enhanced accuracy and reduction in error for product handling, fetching of real-time freight rates, accurate real-time freight data analysis, improved customer service, growing retail, e-commerce & healthcare sectors, and rising investments and product launches in the logistics automation sector are further expected to propel the demand for logistics automation market over the forecast period. For instance, SwanLeap Inc. is offering a transportation management system that uses artificial intelligence for real-time visibility in the supply chain for streamlining the entire logistics process.
However, the high initial cost of hardware and software components that are used in logistics automation is expected to restrain the growth of the global logistics automation market over the forecast period.
Market Taxonomy
This report segments the global logistics automation market on the basis of component, mode of transportation, enterprise size, application, end-use industries, and region. On the basis of component, global logistics automation market is segmented into hardware, software, and services. On the basis of mode of transportation, the global logistics automation market is segmented into airways, railways and roadways, and seaways. On the basis of enterprise size, the global logistics automation market is segmented into SME and large enterprises. On the basis of application, global logistics automation market is segmented into warehouse and storage management, and transportation management. On the basis of end-use Industries, global logistics automation market is segmented into manufacturing, healthcare and pharmaceuticals, fast-moving consumer goods (FMCG), retail and e-commerce, aerospace and defense, oil, gas, and energy, chemicals, and others (paper & printing, and textiles & clothing). On the basis of region, global logistics automation market is segmented into North America, Latin America, Europe, Asia pacific, Middle East, and Africa.
Key features of the study:
This report provides an in-depth analysis of the global logistics automation market, provides market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global logistics automation market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Major companies operating in the global logistics automation market include ABB, BEUMER GROUP, Blue Yonder Group, Inc., Daifuku Co., Ltd., E&K AUTOMATION LIMITED, Falcon Autotech Private Limited, GreyOrange, HighJump, Infor, Locus Robotics, Manhattan Associates, One Network Enterprises, Oracle, SwanLeap Inc, and Toshiba Logistics
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global logistics automation market analysis report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global logistics automation market
Detailed Segmentation:
Global Logistics Automation Market, By Component:
Hardware
Software
Services
Global Logistics Automation Market, By Mode of Transportation:
Airways
Railways and Roadways
Seaways
Global Logistics Automation Market, By Enterprise Size:
SME
Large Enterprises
Global Logistics Automation Market, By Application:
Warehouse and Storage Management
Transportation Management
Global Logistics Automation Market, By End-use Industries:
Manufacturing
Healthcare and Pharmaceuticals
Fast-Moving Consumer Goods (FMCG)
Retail and e-Commerce
Aerospace and Defense
Oil, Gas, and Energy
Chemicals
Others (paper & printing and textiles & clothing)
Global Logistics Automation Market, By Region:
North America
Europe
Latin America
Asia Pacific
Middle East and Africa
Company Profiles
ABB**
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Key highlights
BEUMER GROUP
Blue Yonder Group Inc
Daifuku Co., Ltd
E&K AUTOMATION LIMITED
Falcon Autotech Private Limited.
GreyOrange AG
HighJump.
Infor.
Locus Robotics
Manhattan Associates.
One Network Enterprises
Oracle
SwanLeap Inc
Toshiba Logistics
**All the pointers will also be provided for the rest of the companies.
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