PUBLISHER: TechSci Research | PRODUCT CODE: 1101561
PUBLISHER: TechSci Research | PRODUCT CODE: 1101561
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The global logistics automation market is expected to witness a growth of steady CAGR in the forecast period, 2023-2027. The adoption of industry 4.0 technologies and the growing popularity of the e-commerce industry are driving the growth of the global logistics automation market. Also, the improved efficiency and workforce safety and advancements in robotics technology are expected to create numerous growth opportunities for the market players in the forecast period.
The global logistics automation market is segmented into component, function, vertical, region, and company. Based on regional analysis, the European region is expected to hold the largest market share in the forecast period, 2023-2027, due to the ongoing industrial revolution. The logistics automation market's growth is driven by high-end expenditures made by key companies to upgrade current technology such as automation, machine learning, and the internet of things to maximize performance. Also, the expansion of the manufacturing sector and the growing popularity of the e-commerce industry are further expected to fuel the market growth.
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.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
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:
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.
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:
Software
Hardware-Integrated Systems
Services
Warehouse and Storage Management
Transportation Management
Manufacturing
Healthcare and Pharmaceuticals
Fast-Moving Consumer Goods (FMCG)
Retail and eCommerce
3PL
Aerospace and Defense
Oil, Gas, and Energy
Chemicals
Others
North America
Europe
Asia-Pacific
Middle East & Africa
South America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global logistics automation market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information