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 err...