Europe Intralogistics Automation Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The European intralogistics automation market is expected to grow at a high CAGR of 11.6% over the forecast period. The market is growing due to the universal demand for increased productivity and efficiency across industries. Furthermore, the advent of Industry 4.0 has compelled industries to go digital with their supply chains.
Key HighlightsThe European Intralogistics Automation market is fragmented and highly competitive. Product launches, high expenditure on research and development, partnerships and acquisitions, etc., are the prime growth strategies adopted by the companies in the region to sustain the intense competition. Top intralogistics companies use sustainable technologies and optimization systems for various end users. Major manufacturers are concentrating on creating and updating new software and service designs to solve issues with material arrangement and storage.
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