Logistics Automation Market Size, Share & Trends Analysis Report By Component (Hardware, Software, Services), By Function, By Logistics Type, By Organization Size, By Software Application, By Vertical, By Region, And Segment Forecasts, 2023 - 2030

Logistics Automation Market Growth & Trends

The global logistics automation market size is expected to reach USD 90.00 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 14.7% over the forecast period. Logistics operations are critical factors in the smooth functioning of the supply chain of any business, especially low-margin, high-volume businesses. The logistics sector is witnessing a continuous increase in investments with a significant emphasis on the automation of several logistics functions. Automation enhances efficiency and aids in integrating supply chains; thus, automation is increasingly getting adopted across sectors. The growing tendency of the logistics industry towards adopting automation solutions is one of the significant factors driving the growth of the logistics automation industry.

According to a DHL report published in 2018, 80% of warehouses do not have any automation support and are still operated manually, while 15% of the total warehouses are just mechanized, which means the warehouses use sorters, conveyors, picker solutions, and other machined equipment which are not necessarily automated. The report states that only 5% of total warehouses are automated. The trend displays a remarkable opportunity for the growth of the market in the coming years as companies are increasingly adopting automation in their warehouses, including autonomous robots, automated sorting systems, conveyor systems, etc. Technological development such as communication technologies, sensors, tracking devices, computer vision, artificial intelligence, and machine learning are aiding the growth of the target market.

The e-commerce boom is resulting in increasing adoption of automation solutions owing to the enormous volumes of shipments. The e-commerce shipment volume is growing exponentially by the year, and hence the warehouses require automation solutions to meet the short delivery timelines. The e-commerce fulfillment centers are implementing automated sorting and conveyor systems and highly benefit from inventory management and order management software. Moreover, the major labor challenges faced by the logistics industry across the globe are driving the demand for logistics automation solutions.

The COVID-19 pandemic accelerated the adoption of automation technologies such as robots, conveyors, and automation software, among others, in the logistics sector. The imposed lockdowns and social distancing norms necessitated the deployment of automation tools in warehouses and logistics functions. Although there were shortages and delays in receiving the hardware equipment during the lockdown, the market displayed a positive growth trend from 2020 to 2022.

Logistics Automation Market Report Highlights

  • The hardware segment dominated the market in 2022 with a market share of about 67%. Autonomous robots are the largest sub-segment of hardware components in terms of revenue owing to the increasing demand for automated warehouse logistics
  • The inventory & storage management function segment is anticipated to grow at a CAGR of 15.8% during the forecast period. The inventory & storage management ensures the stocks are maintained at optimum levels, and the demand for each product determines the stock levels
  • The sales logistics segment dominated the market in 2022, accounting for a market share of about 36%. Sales logistics is a critical aspect of the supply chain as it involves moving or delivering goods to the end consumer
  • The small and medium enterprises segment is anticipated to grow at the fastest CAGR of 15.6% during the forecast period. The growth can be attributed to the automation that helps SMEs to optimize their labor costs
  • The order management software segment held the largest market share in 2022. The dominance of the segment is owing to the need to fulfill the orders correctly and without any delivery delays. The order management process starts when an order is placed and ends when the customer receives the order
  • The retail and e-commerce segment is anticipated to grow at a CAGR of 15.2%. The growth can be attributed to the increasing preference for online shopping among consumers across the globe
  • The Asia Pacific segment is anticipated to register significant growth with a CAGR of 17.2%. The growth can be attributed to the increasing investments in logistics infrastructure projects in countries such as India and China
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.3.1. Information analysis
1.3.2. Market formulation & data visualization
1.3.3. Data validation & publishing
1.4. Research Scope and Assumptions
1.5. List to Data Sources
Chapter 2. Executive Summary
2.1. Market Summary
2.2. Market Snapshot
2.3. Segment Snapshot
2.4. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope Outlook
3.1. Market Lineage Outlook
3.2. Logistics Automation Market - Value Chain Analysis
3.3. Logistics Automation Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunity Analysis
3.4. Logistics Automation Market - Porter's Five Forces Analysis
3.4.1. Supplier power
3.4.2. Buyer power
3.4.3. Substitution threat
3.4.4. Threat from new entrant
3.4.5. Competitive rivalry
3.5. Logistics Automation Market - PEST Analysis
3.5.1. Political landscape
3.5.2. Economic landscape
3.5.3. Social landscape
3.5.4. Technology landscape
3.6. COVID-19 Impact Analysis
Chapter 4. Logistics Automation Market Component Outlook
4.1. Logistics Automation Market, By Component Analysis & Market Share, 2022 & 2030
4.2. Hardware
4.2.1. Autonomous Robots (AGV, AMR) Market estimates and forecasts, 2017 - 2030 (USD Million)
4.2.2. Automated Storage and Retrieval Systems (AS/RS) Market estimates and forecasts, 2017 - 2030 (USD Million)
4.2.3. Automated Sorting Systems Market estimates and forecasts, 2017 - 2030 (USD Million)
4.2.4. De-palletizing/Palletizing Systems Market estimates and forecasts, 2017 - 2030 (USD Million)
4.2.5. Conveyor Systems Market estimates and forecasts, 2017 - 2030 (USD Million)
4.2.6. Automatic Identification and Data Collection (AIDC) Market estimates and forecasts, 2017 - 2030 (USD Million)
4.3. Software
4.3.1. Warehouse Management System Market estimates and forecasts, 2017 - 2030 (USD Million)
4.3.2. Transportation Management System Market estimates and forecasts, 2017 - 2030 (USD Million)
4.4. Services
4.4.1. Consulting Market estimates and forecasts, 2017 - 2030 (USD Million)
4.4.2. Deployment & Integration Market estimates and forecasts, 2017 - 2030 (USD Million)
4.4.3. Support & Maintenance Market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 5. Logistics Automation Market Function Outlook
5.1. Logistics Automation Market, By Function Analysis & Market Share, 2022 & 2030
5.2. Inventory & Storage Management System
5.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
5.3. Transportation Management System
5.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 6. Logistics Automation Market Logistics Type Outlook
6.1. Logistics Automation Market, By Logistics Type Analysis & Market Share, 2022 & 2030
6.2. Sales Logistics
6.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.3. Production Logistics
6.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.4. Recovery Logistics
6.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.5. Procurement Logistics
6.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 7. Logistics Automation Market Organization Size Outlook
7.1. Logistics Automation Market, By Organization Size Analysis & Market Share, 2022 & 2030
7.2. Large Enterprises
7.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
7.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
7.3. Small & Medium Enterprises
7.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
7.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 8. Logistics Automation Market Software Application Outlook
8.1. Logistics Automation Market, By Software Application Analysis & Market Share, 2022 & 2030
8.2. Inventory Management
8.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
8.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
8.3. Order Management
8.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
8.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
8.4. Yard Management
8.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
8.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
8.5. Shipping Management
8.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
8.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
8.6. Labor Management
8.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
8.6.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
8.7. Vendor Management
8.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
8.7.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
8.8. Customer Support
8.8.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
8.8.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
8.9. Others
8.9.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
8.9.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 9. Logistics Automation Market Vertical Outlook
9.1. Logistics Automation Market, By Vertical Analysis & Market Share, 2022 & 2030
9.2. Retail & E-commerce
9.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
9.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
9.3. Healthcare
9.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
9.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
9.4. Automotive
9.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
9.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
9.5. Aerospace & Defense
9.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
9.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
9.6. Electronics & Semiconductor
9.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
9.6.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
9.7. Others
9.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
9.7.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 10. Logistics Automation Market: Regional Estimates & Trend Analysis
10.1. Logistics Automation Market Share by Region, 2022 & 2030
10.2. North America
10.2.1. Market estimates and forecasts, 2017 - 2030
10.2.2. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.2.3. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.2.4. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.2.5. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.2.6. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.2.7. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.2.8. U.S.
10.2.8.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.2.8.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.2.8.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.2.8.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.2.8.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.2.8.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.2.9. Canada
10.2.9.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.2.9.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.2.9.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.2.9.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.2.9.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.2.9.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.3. Europe
10.3.1. Market estimates and forecasts, 2017 - 2030
10.3.2. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.3.3. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.3.4. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.3.5. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.3.6. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.3.7. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.3.8. Germany
10.3.8.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.3.8.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.3.8.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.3.8.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.3.8.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.3.8.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.3.9. France
10.3.9.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.3.9.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.3.9.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.3.9.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.3.9.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.3.9.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.3.10. UK
10.3.10.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.3.10.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.3.10.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.3.10.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.3.10.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.3.10.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.4. Asia-Pacific
10.4.1. Market estimates and forecasts, 2017 - 2030
10.4.2. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.4.3. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.4.4. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.4.5. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.4.6. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.4.7. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.4.8. China
10.4.8.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.4.8.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.4.8.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.4.8.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.4.8.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.4.8.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.4.9. Japan
10.4.9.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.4.9.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.4.9.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.4.9.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.4.9.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.4.9.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.4.10. India
10.4.10.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.4.10.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.4.10.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.4.10.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.4.10.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.4.10.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.4.11. South Korea
10.4.11.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.4.11.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.4.11.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.4.11.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.4.11.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.4.11.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.4.12. Australia
10.4.12.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.4.12.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.4.12.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.4.12.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.4.12.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.4.12.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.5. Latin America
10.5.1. Market estimates and forecasts, 2017 - 2030
10.5.2. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.5.3. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.5.4. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.5.5. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.5.6. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.5.7. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.5.8. Brazil
10.5.8.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.5.8.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.5.8.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.5.8.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.5.8.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.5.8.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.5.9. Mexico
10.5.9.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.5.9.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.5.9.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.5.9.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.5.9.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.5.9.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.6. Middle East & Africa
10.6.1. Market estimates and forecasts, 2017 - 2030
10.6.2. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.6.3. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.6.4. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.6.5. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.6.6. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.6.7. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.6.8. KSA
10.6.8.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.6.8.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.6.8.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.6.8.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.6.8.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.6.8.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.6.9. UAE
10.6.9.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.6.9.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.6.9.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.6.9.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.6.9.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.6.9.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
10.6.10. South Africa
10.6.10.1. Market estimates and forecasts, By Component, 2017 - 2030 (USD Million)
10.6.10.2. Market estimates and forecasts, By Function, 2017 - 2030 (USD Million)
10.6.10.3. Market estimates and forecasts, By Logistics Type, 2017 - 2030 (USD Million)
10.6.10.4. Market estimates and forecasts, By Organization Size, 2017 - 2030 (USD Million)
10.6.10.5. Market estimates and forecasts, By Software Application, 2017 - 2030 (USD Million)
10.6.10.6. Market estimates and forecasts, By Vertical, 2017 - 2030 (USD Million)
Chapter 11. Logistics Automation Market Competitive Landscape
11.1. Key Market Participants
11.1.1. Dematic Corp. (Kion Group AG)
11.1.2. Daifuku Co. Limited
11.1.3. Swisslog Holding AG (KUKA AG)
11.1.4. Honeywell International Inc.
11.1.5. Jungheinrich AG
11.1.6. Murata Machinery Ltd
11.1.7. Knapp AG
11.1.8. TGW Logistics Group GmbH
11.1.9. Kardex Group
11.1.10. Mecalux SA
11.1.11. Beumer Group GmbH & Co. KG
11.1.12. SSI Schaefer AG
11.1.13. Vanderlande Industries BV
11.1.14. WITRON Logistik
11.1.15. Oracle Corporation
11.1.16. One Network Enterprises Inc.
11.1.17. SAP SE
11.2. Key Company Market Share Analysis, 2022
11.3. Company Categorization/Position Analysis, 2022
11.4. Strategic Mapping
11.4.1. Expansion
11.4.2. Mergers & Acquisitions
11.4.3. Partnership & Collaborations
11.4.4. Product/service launch
11.4.5. Others

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