Global Logistics Automation Market (2018-2023) Share, Scope, Revenue, Trends, Drivers, Challenges, Segmentation based on Component (Hardware, Software, Services) End Use Industry (E-commerce and retail, Automotive, Aerospace, Food and beverage, others) and Geography (North America, Asia Pacific, The Middle East and Africa, Europe and Latin America)

In recent years, logistics automation has emerged as a necessity for companies. Changes in customers’ preferences are resulting in the expansion of product categories, which makes handling them difficult, given the constraints of existing supply chain practices. Customers’ expectations have also increased, with concepts like ‘last-mile delivery’ and ‘delivery on-demand’ becoming common. To improve operational efficiency and remain competitive, companies are opting for logistics automation. The global logistics automation market is expected to expand at a compound annual growth rate (CAGR) of 12.6% and will be worth USD 100.1 Bn by 2023.

Segmentation based on component:
The hardware segment is expected to hold a market share of more than 50% during the forecast period and will grow at a CAGR of 10.7%. Even though most companies prefer hardware products like automated conveyor systems, lift trucks, automated racks, and robotic picking for implementing logistics automation, the need for capital investments is a major deterrent. As a result, some of them opt for software solutions instead, since they are easy to integrate and are cost-effective. This segment is expected to expand at a significant CAGR of 16.0%, the highest under this categorization. Moreover, as companies try to reduce their capital investments, tasks are likely to be handed over to third-party logistics automation service providers.

End use industry segment insights:
The exponential expansion of the e-commerce industry, expectations regarding swifter deliveries, and intense competition among market players are some of the major factors contributing to the growth of the logistics automation market. Thus, the e-commerce and retail segment is expected to be the highest growing end use industry in terms of logistics automation, expanding at a CAGR of 16.9% during the analysis period. By 2023, this segment is expected to hold a market share of more than 40%.

The online product delivery ecosystem and the growing preference for air transport are expected to result in a significant increase in the volume of air cargo in the coming years. To cope up, airports around the world are adopting logistics automation to increase their capacities (despite the limited availability of land), and to ensure error-free and safe handling of large volumes of freight.

Logistics automation also finds extensive applications in the food and beverage industry. The technology is well-suited for accurate product measurements, flawless packaging, and for performing tedious, repetitive tasks in tough environments like freezer warehouses.

Regional insights:
Europe and North America are mature markets, which dominated the global logistics automation sector with market shares of 33.6% and 29.2% respectively, in 2018. Most of the key players in the market are based in Europe. The logistics sector contributes significantly to the gross domestic product (GDP) of countries in Europe, make it a viable avenue for investments in automation. The logistics automation market in the Asia-Pacific and the Middle East and Africa regions are expected to exhibit higher growth in comparison to the other regions, owing to increasing investments in this sector and the presence of some significant players.

Companies covered:

- ABB
- Toyota Industrial Equipment
- KION
- Jungheinrich
- KUKA
- Daifuku
- Murata Machinery
- Beumer Group
- KNAPP
- System Logistics
 

Chapter 1. Executive Summary
1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3. Executive summary

Chapter 2. Introduction
2.1. Market definition
2.2. Market overview
- Global market revenue (USD Bn)
- Forecasted global market revenue (USD Bn)
- Geography-wise market revenue (USD Bn)
2.3. Market trends
2.4. Market drivers
2.5. Market challenges
2.6. Value chain analysis

Chapter 3. Global Logistics Automation Market – Based on Component
3.1. Hardware – forecasted (2018-2023) market size (USD Bn), and key observations
3.2. Software – forecasted (2018-2023) market size (USD Bn), and key observations
3.3. Services – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 4. Global Logistics Automation Market – Based on End Use Industry
4.1. E-commerce and retail – forecasted (2018-2023) market size (USD Bn), and key observations
4.2. Automotive – forecasted (2018-2023) market size (USD Bn), and key observations
4.3. Aerospace – forecasted (2018-2023) market size (USD Bn), and key observations
4.4. Food and beverage – forecasted (2018-2023) market size (USD Bn), and key observations
4.5. Others – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 5. North America Logistics Automation Market
5.1. Overview
- Revenue (USD Bn)
- Forecasted market revenue (USD Bn)
5.2. Trends
5.3. Drivers and challenges
5.4. North America logistics automation market based on component (hardware, software, and services) – forecasted (2018-2023) market size (USD Bn), and key observations
5.5. North America logistics automation market based on end use industry (e-commerce and retail, automotive, aerospace, food and beverage, and others) – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 6. Europe Logistics Automation Market
6.1. Overview
- Revenue (USD Bn)
- Forecasted market revenue (USD Bn)
6.2. Trends
6.3. Drivers and challenges
6.4. Europe logistics automation market based on component (hardware, software, and services) – forecasted (2018-2023) market size (USD Bn), and key observations
6.5. Europe logistics automation market based on end use industry (e-commerce and retail, automotive, aerospace, food and beverage, and others) – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 7. Asia-Pacific Logistics Automation Market
7.1. Overview
- Revenue (USD Bn)
- Forecasted market revenue (USD Bn)
7.2. Trends
7.3. Drivers and challenges
7.4. Asia-Pacific logistics automation market based on component (hardware, software, and services) – forecasted (2018-2023) market size (USD Bn), and key observations
7.5. Asia-Pacific logistics automation market based on end use industry (e-commerce and retail, automotive, aerospace, food and beverage, and others) – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 8. Latin America Logistics Automation Market
8.1. Overview
- Revenue (USD Bn)
- Forecasted market revenue (USD Bn)
8.2. Trends
8.3. Drivers and challenges
8.4. Latin America logistics automation market based on component (hardware, software, and services) – forecasted (2018-2023) market size (USD Bn), and key observations
8.5. Latin America logistics automation market based on end use industry (e-commerce and retail, automotive, aerospace, food and beverage, and others) – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 9. The Middle East and Africa Logistics Automation Market
9.1. Overview
- Revenue (USD Bn)
- Forecasted market revenue (USD Bn)
9.2. Trends
9.3. Drivers and challenges
9.3. The Middle East and Africa logistics automation market based on component (hardware, software, and services) – forecasted (2018-2023) market size (USD Bn), and key observations
9.4. The Middle East and Africa logistics automation market based on end use industry (e-commerce and retail, automotive, aerospace, food and beverage, and others) – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 10. Competitive Landscape
10.1. ABB
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.2. Toyota Industrial Equipment
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.3. KION
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.4. Jungheinrich
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.5. KUKA
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.6. Daifuku
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.7. Murata Machinery
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.8. Beumer Group
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.9. KNAPP
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.10. System Logistics
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.11. Porter’s five forces analysis

Chapter 11. Conclusion
11.1. PESTEL analysis
11.2. Impact assessment
11.3. Future outlook

Chapter 12. Appendix
12.1 List of tables
12.2. Assumptions
12.3. Research methodology
12.4. About Research On Global Markets
 


Global Machine Vision Market 2023

Machine vision refers to the technology and methods used to enable a machine, typically a computer, to see and interpret the world visually. This involves using cameras, sensors, and image

USD 3550 View Report

Global Smart Plug Market 2023

DescriptionThe global market for smart plugs is expected to experience considerable expansion between 2022 and 2029. Recent projections estimate the market size will grow from approximately $2.15 billion in 2022

USD 1875 View Report

Echo Global Logistics Full Year Operating Financial

Echo Global Logistics 2023 Full Year Operating and Financial Review--SWOT Analysis, Technological Know-How, M&A, Senior Management, Goals and Strategies in the Global Transportation, Shipping, and Logistics IndustryThis report is part

USD 750 View Report

Echo Global Logistics 2023 Third Quarter Operating and Financial Review

Echo Global Logistics 2023 Third Quarter Operating and Financial Review--SWOT Analysis, Technological Know-How, M&A, Senior Management, Goals and Strategies in the Global Transportation, Shipping, and Logistics Industry This report is

USD 750 View Report

Fill The Form For Sample Request

Note : * Kindly provide us with your company id and get the sample reports at the earliest.

There is no Reviews available