Logistics Automation Market, by Component, Function (Warehouse and Storage Management, Transportation Management), Organization Size (SMES, Large Enterprises), Vertical (3PL, Retail and Ecommerce, FMCG, Manufacturing) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global Logistics Automation market size is projected to reach USD 89 billion by 2026 at a CAGR of 10.7% from USD 49 billion in 2021 during the forecast period 2021-2028.
Logistics is basically the process of managing the different aspects of resource like the acquisition, storage and transportation. The term is commonly used in business sector dealing with supply chains. Logistic automation delas with the automation of the cycle of logistics.it allows the various logistics to be networked and used unified for a single purpose.
With the emergence and dominance of IoT along with the technological advancements in robotics and the urgent need of ensuring the workforce safety are some of the factors that have supported long-term expansion for Logistics Automation Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. The disrupted supply chains have created a negative but short-term effect on the market.
APAC is expected to be the largest market during the forecast period. With the technical and industrial advancements along with the increased investment in the infrastructure have led to the expansion of market in the region.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 49 billion |
Growth Rate |
CAGR of 10.7% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
Report Segmentation |
Component (hardware-integrated systems, software, and services), function, organization size, vertical and geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
6 River Systems , ABB , BEUMER Group , Blue Yonder , Daifuku , Dematic , E&K Automation , Eyesee (Hardis Group) , Falcon Autotech , GreyOrange , HighJump , Honeywell Intelligrated , Jungheinrich , Knapp , Locus Robotics , Manhattan Associates , Murata Machinery, Oracle , SAP , SBS Toshiba Logistics, Seegrid , SSI Schaefer , Swisslog , System Logistics |
Available Customization |
In addition to the market data for Logistics Automation Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Logistics Automation Market is segmented into Component (hardware-integrated systems, software, and services), function, organization size, vertical and geography.