Global Logistics Automation Market 2024-2028

Global Logistics Automation Market 2024-2028

The logistics automation market is forecasted to grow by USD 20.27 bn during 2023-2028, accelerating at a CAGR of 9.41% during the forecast period. The report on the logistics automation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of big data in automated logistics technologies, increased adoption of e-commerce platforms, and supply chain resilience and visibility as a challenge in logistics automation.

Technavio's logistics automation market is segmented as below:

By Component

Hardware

Software

Services

By End-user

Retail and e-commerce

Automotive

Healthcare

Aerospace

Others

By Geography

APAC

North America

Europe

South America

Middle East and Africa

This study identifies the high penetration of robotics in warehouse management as one of the prime reasons driving the logistics automation market growth during the next few years. Also, increasing use of IoT platform in logistics and supply chain management and cloud-based logistics management systems will lead to sizable demand in the market.

The report on the logistics automation market covers the following areas:

Logistics automation market sizing

Logistics automation market forecast

Logistics automation market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading logistics automation market vendors that include ABB Ltd., Applied Materials Inc., Auto Control Systems Pty Ltd., DENSO Corp., Emerson Electric Co., FANUC Corp., Festo SE and Co. KG, Honeywell International Inc., Kawasaki Heavy Industries Ltd., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Aurotek Corp., Yaskawa Electric Corp., Yokogawa Electric Corp., and Siemens AG. Also, the logistics automation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth. Show more