Logistics Automation Market was valued at US$ 55.60 Bn in 2022 and is expected to reach at US$ 115.29 Bn in 2029.
The use of machinery and logistics software to increase the effectiveness of various logistical processes is known as logistics automation. Operations are optimized via logistics automation across all departments, from procurement and production to inventory management, distribution, customer support, and recovery. Along with logistics software solutions that address sales, warehouse management, customer relationship management, billing, accounting, tracking, business intelligence, and more, this innovation makes use of automated guided vehicles, robotic arms, and automated storage and retrieval systems (AS/RS).
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Segmentation and Key Highlights:
The study examines a number of market segments, including Function, Organization Size, Vertical, Component, and Region, within the global logistics automation market. It provides a data-driven study of market participants and geographical areas, including North America, Asia Pacific, Europe, the Middle East, and Africa, as well as South America.
Market Dynamics and Impact of COVID-19:
The influence of the COVID-19 epidemic is taken into account as the paper looks into the changing nature of the logistics automation sector. Government limitations, such as lockdowns and social segregation policies, had a negative impact on a number of industries, including logistics. The research evaluates how the pandemic hampered technology adoption in the logistics industry and impacted income streams.
Future Outlook:
The research offers a thorough analysis of the major competitors in the logistics automation market, outlining their contributions, business models, and effects on the competitive landscape. Regional insights provide a thorough understanding of the industry’s global dynamics by highlighting growth trends in various regions of the world.
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Key Players and Regional Insights:
The top players in the logistics automation market are thoroughly examined in the study, along with their contributions, business plans, and effects on the market environment. Additionally, regional insights emphasize global growth trends, providing a thorough understanding of the industry’s worldwide dynamics.
Key Players:
Toshiba Logistics
TGW Logistics Group GmbH
Wisetech Global
System Logistics SPA
Falcon Autotech
Dematic
Daifuku
Swisslog
Honeywell Intelligrated
Murata Machinery
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