“According to SNS Insider,The Logistics Automation Market size was USD 32.7 Billion in 2023 and is expected to Reach USD 67.5 Billion by 2031 with a growing CAGR of 9.5% over the forecast period of 2024-2031.”
The Logistics Automation market research includes a comprehensive analysis of the worldwide market as well as a SWOT analysis of the industry's top competitors. Revenue, sales, price, capacity, regional market analysis, segment-by-segment data, and market forecast information are all included in the report. The research focuses on COVID-19 and offers a detailed and in-depth look at how the epidemic has prompted the industry to adapt and improve. COVID-19's current and prospective market outcomes, as well as a modern viewpoint on the ever-changing commercial zone, are examined and analyzed in this study.
The study comprises an in-depth analysis of driving forces, possibilities, restrictions, and obstacles in order to gain a comprehensive understanding of the Logistics Automation market. The study investigates all of the critical aspects that influence the industry's growth. Players can use the information to obtain a better understanding of the sector and develop effective corporate expansion strategies. Everything from marketing channels and market positioning to future growth strategies for new entrants and established competitors in the sector is covered in the strategy analysis. The research combines industry-specific statistically relevant quantitative data with insightful qualitative comments and analysis from industry leaders and consultants.
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Market Segmentation
This global Logistics Automation market study provides readers with an overview of current industry trends, drivers, constraints, and metrics, as well as a look at key segments. The study also looks at product and service demand growth estimates. A PEST analysis, a PORTER's analysis, and a SWOT analysis are also included in the research to help stockholders prioritize their efforts and investments in the global emerging market. In addition, the study investigates the competitive landscape's by-product, financial condition, price, product portfolio, growth strategies, and geographical presence of major competitors.
KEY MARKET SEGMENTATION
-By Component
Hardware
Autonomous Robots (AGV, AMR)
Automated Storage and Retrieval Systems (AS/RS)
Automated Sorting Systems
De-palletizing/Palletizing Systems
Conveyor Systems
Automatic Identification and Data Collection (AIDC)
Software
Warehouse Management System
Transportation Management System
Services
Consulting
Deployment & Integration
Support & Maintenance
-By Function
Inventory & Storage Management
Transportation Management
-By Logistics Type
Sales Logistics
Production Logistics
Recovery Logistics
Procurement Logistics
-By Software Application
Inventory Management
Order Management
Yard Management
Shipping Management
Labor Management
Vendor Management
Customer Support
Others
-By Organization Size
Large Enterprises
Small & Medium Enterprises
-By Vertical
Retail & E-commerce
Healthcare
Automotive
Aerospace & Defense
Electronics & Semiconductors
Others
KEY PLAYERS
The major key players in the Logistics Automation Market are Murata Machinery, Ltd., Honeywell International Inc., Jungheinrich AG, Daifuku Co., Ltd., SSI Schaefer Group, Knapp AG, Mecalux, S.A., Kion Group AG, TGW Logistics Group GmbH, Beumer Group GmbH & Co. KG, Dematic Corp, and other players.
COVID-19 Impact Analysis
The research investigates the impact of COVID-19 lock-down on market leaders, followers, and innovators in the Logistics Automation business. The impact varies by region and segment because lockdown was implemented differently in different areas and countries. The impact of the pandemic on the target market will help market participants avoid negative consequences and capitalize on new opportunities. The study looked at the market's current short and long-term effect, which will aid decision makers in developing short and long-term strategies for businesses by sector.
Key Driver
A key driver for the Logistics Automation market is the growing demand for streamlined supply chain operations and cost efficiency. With the exponential growth of e-commerce and global trade, logistics companies face increasing pressure to handle higher volumes of shipments while maintaining accuracy and speed. Automation technologies such as robotics, AI, IoT, and autonomous vehicles enable warehouses, distribution centers, and transportation networks to operate more efficiently and effectively. These technologies optimize inventory management, order fulfillment, and last-mile delivery processes, reducing labor costs and improving overall productivity. Additionally, the need for real-time tracking, predictive analytics, and scalability further fuels the adoption of logistics automation solutions to meet customer expectations and gain a competitive edge in the rapidly evolving logistics industry.
Research Methodology
To begin, extensive secondary research was undertaken to obtain qualitative and quantitative market knowledge from both internal and external sources. The total market size was determined using both primary and secondary data. The report also covers the vendor scene in order to inform users about the market's dynamics. In terms of competition analysis, this study includes a detailed business profile of the major members, as well as Porter's Analysis, which can help determine their position in the Logistics Automation market.
Akash Anand – Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND).
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