LOGISTICS AUTOMATION MARKET OVERVIEW

The Logistics Automation Market Size is expected to grow from USD 44,545.71 Million in 2019 to USD 79,887.05 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 10.22% during the forecast period.

 

Major factors driving the growth of Logistics automation market size are the exponential growth of the e-commerce sector, developments in robotics and the emergence of the IoT, the introduction of driverless cars and drones in logistics, the growing acceptance of Industry 4.0, and the need to ensure the safety of the workforce.

 

The rise of the e-commerce industry drives growth in the logistics automation market size. With the increase in internet penetration across the globe, allowing individuals to access online transactions, the e-commerce industry is expected to expand rapidly. It will, therefore, contribute to the demand for logistics automation.

 

 

Increasing demand for IoT and other connected devices is expected to increase the logistics automation market size during the forecast period. To improve communication and automation, IoT plays a vital role in organizations to enable warehouses to be more productive and cost-efficient. Furthermore, to prevent losses and mitigate risks involved in the transport of goods, the introduction of IoT technology for logistics management has helped businesses track material deliveries and control sensitive goods.

 

The necessity of high capital investments to implement logistics automation solutions is a key restraining factor affecting the logistics automation market size. Installing automation equipment, software, and solutions that incur high costs requires the setting up large-scale automated warehouse facilities.

This research report categorizes the Logistics Automation to forecast the revenues and analyze the trends in each of the following sub-markets:

 

Based on Component, the Logistics Automation Market studied across Transportation Management and Warehouse & Storage Management. The Transportation Management further studied across Services and Software. The Warehouse & Storage Management further studied across Hardware, Services, and Software.

 

Based on Verticals, the Logistics Automation Market studied across Aerospace & Defense, Automotive, Chemicals, Food & Beverage, Logistics & Transportation, Manufacturing, Oil, Gas, & Energy, Pharmaceuticals & Healthcare, and Retail & E-Commerce.

 

Based on Geography, the Logistics Automation Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

 

 

The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Logistics Automation Market including Beumer Group, Daifuku, Dematic, Falcon Autotech, Honeywell Intelligrated, Jungheinrich AG, Knapp AG, Mecalux, S.A., Murata Machinery, SSI Schaefer, Swisslog, System Logistics SPA, TGW Logistics Group GmbH, Toshiba Logistics, Vitronic, and Wisetech Global.

 

 

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Logistics Automation Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

 

 

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.

 

 

COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.

 

 

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments

 

 

1. What is the market size and forecast of the Global Logistics Automation Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Logistics Automation Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Logistics Automation Market?

4. What is the competitive strategic window for opportunities in the Global Logistics Automation Market?

5. What are the technology trends and regulatory frameworks in the Global Logistics Automation Market?

6. What are the modes and strategic moves considered suitable for entering the Global Logistics Automation Market?