Automation of logistics is the process of increasing the effectiveness of logistical activities, including procurement, production, inventory management, distribution, customer service, and recovery, via the use of technology such as machinery and software.
Global Logistics Automation Market was valued at US$ 50.1 Bn in 2021 and is expected to reach at US$ 103.9 Bn in 2029. Global Logistics Automation Market size is expected to grow at a CAGR of 10.98% through the forecast period.
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Market Scope:
The report offers an up-to-date overview of the Global Logistics Automation market’s present state, together with the most recent trends and industry drivers and the general Global Logistics Automation market environment. Global Logistics Automation are in higher demand, and there is an increasing need to keep an eye on potentially harmful solutions. The Global Logistics Automation market analysis looks at the technological, end-user, and type categories as well as the geographical setting.
Global Logistics Automation Market Overview:
The global level sensor industry’s existing and emerging market characteristics are thoroughly examined in this Global Logistics Automation market analysis. Between 2021 and 2027, thorough market estimations for the major market segments are undertaken. The key product positioning and the leading competitors within the market framework are continuously monitored in order to conduct a thorough analysis of the Global Logistics Automation market. Key companies’ profiles and in-depth analyses of their strategies are done in order to comprehend the competitive picture of the Global Logistics Automation market.
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Key Players:
The market research study includes thorough quantitative insights, country-by-country analysis in each covered region, and provides a clear picture of the market potential in numerous segments around the world. The research examines the major market drivers and includes detailed company profiles of
• Toshiba Logistics
• TGW Logistics Group GmbH
• Wisetech Global
• System Logistics SPA
• Falcon Autotech
• Dematic
• Daifuku
• Swisslog
• Honeywell Intelligrated
• Murata Machinery
• Knapp GG
• Jungheinrich AG
• SSI Schaefer
• Mecalux, S.A.
• Vitronic
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Regional Analysis:
The Global Logistics Automation market study’s country segment also covers specific market-influencing factors and legal developments that have an impact on current and future market trends. A few of the data sources used to forecast the market scenario for various areas include case studies, technological trends, porter’s five forces analysis, and downstream and upstream value chain analysis. The existence and accessibility of global players, the challenges they face owing to large or little to no rivalry from local and domestic brands, as well as the impact of domestic tariffs are also taken into account when evaluating forecast analysis of the region’s data.
COVID-19 Impact Analysis on Global Logistics Automation Market:
We are regularly monitoring and evaluating the pandemic’s direct and indirect effects on numerous end use industries while keeping the uncertainties of COVID-19 in mind. These results are mentioned in the paper as a key market driver.
Key Questions answered in the Global Logistics Automation Market Report are:
- Which product sub-segment had the largest share in the Global Logistics Automation market?
- How is the competitive landscape of the Global Logistics Automation market?
- Which are the key factors contributing to the Global Logistics Automation market growth?
- Which region has the highest share in the Global Logistics Automation market?
- What will be the CAGR of the Global Logistics Automation market during the forecast period (2021-2027)?
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