Logistics Automation Market Outlook 2027 By Component, Size, Share, Trends, Opportunity
According to TechSci Research, Global logistics automation market is expected to grow at a significant rate during the forecast period on account of digitalization of the logistics industry and growing adoption for industrial internet of things technology to enhance connectivity and get real-time analytics for the ongoing operations. Adoption of automated vehicles and drones by major players operating in the logistics market is expected to fuel the market growth. Technological advancements in driverless vehicle technology to ease the process of transportation and reduce the manual workforce required for any task completion is fueling the market growth for the logistics automation. Emerging technology of connected devices is aiding in performing multiple tasks such as material batching, picking, ordering, packaging, security, and other tasks which is considered a crucial factor for the surge in demand for the global logistics automation market. Logistics automations yields low error rates in delivery of the products. Moreover, growing need for efficient inventory and warehouse management is expected to play a major role in the global logistics automation market growth.
Global logistics automation market is segmented into component, function, vertical, region, and company. Based on regional analysis, Europe is holding one of the major market share for the next five years, 2023-2027 owing to the ongoing industrial revolution in the region. High-end investments by key players in upgrading the existing technology such as automation, machine learning and internet of things to optimize the performance is influencing the logistics automation market growth. Increase in the number of warehouses owing to the fueling e-commerce industry and adoption of logistics automation to increase work output is propelling the market growth in the region. Expansion of the manufacturing sector is another contributing factor for the global logistics automation market growth.
Click here to download the sample
The major players operating in the global logistics automation market are 6 River Systems, LLC, BEUMER Group, E&K Automation Limited, ABB Ltd., Dematic Global, Falcon Autotech Private Limited, SBS Toshiba Logistics, TGW Logistics Group, Zebra Technologies, Honeywell Intelligrated, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
- To analyze the historical growth of the market size of global logistics automation market from 2017 to 2020.
- To estimate and forecast the market size of global logistics automation market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global logistics automation market based on component, function, vertical, region, and company.
- To identify dominant region or segment in the global logistics automation.
- To identify drivers and challenges for global logistics automation.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global logistics automation.
- To identify and analyze the profile of leading players operating in global logistics automation.
- To identify key sustainable strategies adopted by market players in global logistics automation market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global logistics automation market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Logistics automation manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to logistics automation
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered |
|
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Australia; Germany; France; United Kingdom; Spain; Italy; Egypt; Nigeria; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa |
Key Companies Profiled | 6 River Systems, LLC, BEUMER Group, E&K Automation Limited, ABB Ltd., Dematic Global, Falcon Autotech Private Limited, SBS Toshiba Logistics, TGW Logistics Group, Zebra Technologies, Honeywell Intelligrated. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global logistics automation market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
· Global Logistics Automation Market, By Component:
- Software
- Hardware-Integrated Systems
- Services
- Global Logistics Automation Market, By Function:
- Warehouse and Storage Management
- Transportation Management
- Global Logistics Automation Market, By Vertical:
- Manufacturing
- Healthcare and Pharmaceuticals
- Fast-Moving Consumer Goods (FMCG)
- Retail and eCommerce
- 3PL
- Aerospace and Defense
- Oil, Gas, and Energy
- Chemicals
- Others
- Global Logistics Automation Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Netherlands
- Spain
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- Australia
§ Malaysia
o Middle East & Africa
- Saudi Arabia
- South Africa
- Egypt
- Nigeria
- South America
§ Brazil
§ Argentina
§ Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global logistics automation market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com
Comments
Post a Comment