PUBLISHER: TechNavio | PRODUCT CODE: 1798137
PUBLISHER: TechNavio | PRODUCT CODE: 1798137
The logistics automation market is forecasted to grow by USD 22,714.2 mn during 2024-2029, accelerating at a CAGR of 9.6% during the forecast period. The report on the logistics automation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of big data in automated logistics technologies, increased adoption of E-commerce platforms, and supply chain resilience and visibility as challenge in logistics automation.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 9.1% |
CAGR | 9.6% |
Incremental Value | $22,714.2 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's logistics automation market is segmented as below:
By Component
By End-user
By Technology
By Geographical Landscape
This study identifies the high penetration of robotics in warehouse management as one of the prime reasons driving the logistics automation market growth during the next few years. Also, increasing use of IOT platform in logistics and supply chain management and cloud-based logistics management systems will lead to sizable demand in the market.
The report on the logistics automation market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading logistics automation market vendors that include ABB Ltd., Applied Materials Inc., Aurotek Corp., Auto Control Systems, DENSO Corp., Emerson Electric Co., FANUC Corp., Festo SE and Co. KG, Honeywell International Inc., Kawasaki Heavy Industries Ltd., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yaskawa Electric Corp., and Yokogawa Electric Corp.. Also, the logistics automation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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