Logistics Automation Market was valued at US$ 55.60 Bn in 2022 and is expected to reach at US$ 115.29 Bn in 2029.
Logistics Automation Market Overview
The study provides a comprehensive overview of the Logistics Automation market, including its most recent revenue and market trends, market definition, overview, and structure. The primary and secondary data have been compiled and analyzed in detail to ensure that the Logistics Automation industry report is authentic and error-free.
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Logistics Automation Market Report Scope and Research Methodology
The report also includes a SWOT analysis of the key players in the Logistics Automation industry, which provides insights into their strengths and weaknesses. The report is a combination of primary and secondary data collected through exhaustive research. The primary research involved interviews with industry experts, while the secondary research involved the analysis of government policies, market environment, historical data, competitive landscape, current market trends, technological progress, and upcoming technologies.
The report provides a comprehensive overview of the Logistics Automation industry, including the most recent trends in each sub-segment, revenue growth at local, regional, and global levels, and both qualitative and quantitative data. The analysts focused on global trends, including key statistics on the market status of the Logistics Automation competitors. The report also includes a detailed region-wise and segment-wise analysis of the Logistics Automation market dynamics, including drivers, restraints, opportunities, and challenges. This makes the report an invaluable resource for investors.
The bottom-up approach was used to estimate the global Logistics Automation market size. Porter’s five forces analysis explains how suppliers and buyers build buyer and supplier networks and make profit-driven decisions. The PESTLE analysis helps to understand the Logistics Automation market through various perspectives, such as political, economic, social, technological, environmental, and legal factors.
Logistics Automation Market Regional Insights
The report is segmented into several key countries, with market size, growth rate, import and export of Logistics Automation market in these countries, which covers North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Logistics Automation Market Segmentation
Depending on Function The segment responsible for managing transportation is expanding at the greatest CAGR of xx% throughout the anticipated timeframe. One of the most important elements thought to be propelling the expansion of the transportation management industry is the necessity to assure prompt delivery of products while lowering transportation expenses. The global logistics automation market is expanding as a result of the rising use of cutting-edge technology in the logistics industry. This offers benefits connected to TMSs, which may assist firms in organizing, carrying out, and optimizing the physical movement of commodities. Transportation management systems can offer improved visibility, which can spur market growth, in daily transportation operations, trade compliance documents, and in assuring timely delivery of goods.
using the component, Due to the increasing demand for robotics and automation technologies among food and beverage firms globally over the projected period, the hardware-integrated systems category is anticipated to have the largest market share. The Automated Storage and Retrieval System (ASRS), conveyors and sortation systems, robotic handling systems, Autonomous Mobile Robots (AMRs), and Automated Guided Vehicles (AGVs) are included in the hardware-integrated systems sector. Since robots are being used more often throughout the whole supply chain, their use is anticipated to significantly increase in the near future, driving the market. Radnor Hills, a manufacturer of soft beverages for RMGroup, deployed three ABB end-of-line robotic palletizers for the company’s shipping operations in 2022.
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Logistics Automation Market Key Players
1. Toshiba Logistics 2. TGW Logistics Group GmbH 3. Wisetech Global 4. System Logistics SPA 5. Falcon Autotech 6. Dematic 7. Daifuku 8. Swisslog 9. Honeywell Intelligrated 10. Murata Machinery 11. Knapp GG 12. Jungheinrich AG 13. SSI Schaefer 14. Mecalux, S.A. 15. Vitronic 16. Beumer Group 17. Hinditron
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Key Questions answered in the Logistics Automation Market Report are:
- What is Logistics Automation?
- What is the expected CAGR of the Logistics Automation market during the forecast period?
- What is the expected Logistics Automation market size by the end of the forecast period?
- Who are the prominent players in the Logistics Automation market?
- What key trends are expected to emerge in the Logistics Automation market in the coming years?
- What are the factors restraining the Logistics Automation market growth?
- Which regional Logistics Automation market is expected to grow at a high rate during the forecast period?
Key Offerings:
- A detailed Market Overview
- Market Share, Size, and Forecast by Revenue|2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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