The Logistics Automation Global Market Report 2023, provides comprehensive information on the logistics automation market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Logistics Automation Global Market Report 2023, the market size is expected to grow from $55.22 billion in 2022 to $63.37 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the logistics automation is expected to grow to $101.26 billion in 2027 at a CAGR of 12.4%.
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The logistics automation market is segmented:
1) By Component: Hardware, Software, Services
2) By Function: Warehouse and Storage Management, Transportation Management
3) By Organization Size: Small-Medium Size Organizations, Large Scale Organization
4) By End-User: Retail and E-Commerce, Automotive, Food and Beverage, Logistics and Transportation, Other End Users
North America was the largest region in the logistics automation market in 2022.
The table of contents in TBRC’s logistics automation market report includes:
- Executive Summary
- Logistics Automation Market Characteristics
- Logistics Automation Market Trends And Strategies
- Logistics Automation Market – Macro Economic Scenario
- Logistics Automation Market Size And Growth
- Logistics Automation Market Segmentation
- Logistics Automation Market Regional And Country Analysis
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- Logistics Automation Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Logistics Automation Market
- Logistics Automation Market Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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