Global Logistics Automation Market Overview And Prospects – Includes Supply Chain Automation Companies
Learn about the global logistics automation market through The Business Research Company, which provides information on logistics automation market size, logistics automation market drivers and restraints, logistics automation market players, the COVID-19 impact on the logistics automation market, and more.
The global logistics automation market is expected to grow from $47.23 billion in 2021 to $55.69 billion in 2022 at a compound annual growth rate (CAGR) of 17.9%. The global logistics automation market size is expected to grow to $94.02 billion in 2026 at a CAGR of 14%.
The growth of the e-commerce industry is driving the growth of the logistic automation market.
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The logistics automation market consists of sales of logistics automation hardware, software, and services by entities (organizations, sole traders, and partnerships) that are used in warehouses and distribution centers, which help in maintaining huge stocks. Logistic automation refers to the application of computer software or automated machinery to improve efficiency in managing logistics. This helps to replace manual operations and handling equipment with automated facilities and processes. Logistics automation helps develop logistics operations in various end-use industries.
Global Logistics Automation Market Segments Include:
By Component: Hardware, Software, Services
By Function: Warehouse and Storage Management, Transportation Management
By Organization Size: Small-Medium Size Organizations, Large Scale Organization
By End-User: Retail and E-Commerce, Automotive, Food and Beverage, Logistics and Transportation, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global logistics automation market in 2021.
Technological innovations have emerged as the key trend gaining popularity in the logistics automation market. Major companies operating in the logistics automation market are introducing technological innovations to reinforce their position in the market.
TBRC’s Logistics Automation Market Report Covers:
Major Market Players: WiseTech Global Limited, Kion Group AG, VITRONIC, Jungheinrich AG, Murata Manufacturing Co. Ltd, Swisslog Holding AG, TGW Logistics Group, Mecalux S.A., Beumer Group, SSI Schaefer AG, Oracle, Falcon Autotech Private Limited, Hinditron Group of Companies, JBT Corporation, Toshiba Logistics, One Network Enterprises, System Logistics SpA, Matternet Inc, Toshiba Logistic, and SI Systems.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Logistics Automation Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides logistics automation market overviews, analyzes and forecasts market size, share, logistics automation market players, logistics automation market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s logistics automation market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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