PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1300880
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1300880
Global Logistics Automation Market is valued at approximately USD 29.9 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.3% over the forecast period 2023-2030. The Logistics Automation Market means the use of advanced technologies and systems to streamline and optimize the processes involved in the transportation, storage, and management of goods, resulting in increased efficiency, cost savings, and improved overall supply chain performance. The Logistics Automation Market is being driven by factors such as the adoption of e-commerce and increasing demand for high-level logistics management.
The inclination of consumer is increasing towards the e-commerce. According to Statista retail e-commerce sales world -wide in 2020 was USD 4,248 billion wihic is rising in 2021by USD 4,938 billion and expected to reach USD 7,391 by 2025. Thus rising in retail e-commerce sales is fueling the growth of the market. In addition to the adoption of automation for cost-cutting in facilities and improving logistics automation technology may create lucrative opportunities for the market. However, the lack of uniform governance standards may hinder the growth of the market.
The key regions considered for the Global Logistics Automation Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of logistics automation solution providers and the government taking appropriate initiatives to promote robust infrastructure. North America is also considered the fastest growing market during the forecasted period due to the rapid implementation modern technology and presence of major players in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Global Logistics automation Market, by Logistics Type
Global Logistics automation Market, by Vertical Market Snapshot
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
List of tables and figures are dummy in nature, final lists may vary in the final deliverable