The Logistics Automation Market is a rapidly evolving sector, driven by advancements in hardware, software, and digital infrastructure. It encompasses a wide range of services, including cloud computing, cybersecurity, data analytics, and artificial intelligence. The increasing demand for digital transformation across industries is fueling growth. Emerging technologies like 5G, blockchain, and IoT are further expanding its potential. With continuous innovation, the IT market is expected to see robust growth in the coming years, particularly in areas of automation and remote work solutions.
Market Size and Growth:
Logistics Automation Market size was valued at USD 67.40 Billion in 2023 and is poised to grow from USD 76.29 Billion in 2024 to USD 181.73 Billion by 2031, at a CAGR of 13.2% during the forecast period (2024-2031).
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Key Market Players:
- Dematic Corporation (US)
- Honeywell Intelligrated (US)
- Daifuku (Japan)
- Oracle (US)
- SAP (Germany)
- IBM(US)
- SSI Schaefer (Germany)
- Knapp (Austria)
- Manhattan Associates (US)
- Swisslog Holding AG (Switzerland)
- Blue Yonder (US)
- Mantis (US)
- Murata Machinery (Japan)
- TGW Logistics Group (Austria)
- Jungheinrich (Germany)
- System Logistics (Italy)
- Zebra Technologies (US)
- ABB (Switzerland)
- BEUMER Group (Germany)
- Korber(Germany)
Regional Segmentation:
North America: U.S., Canada and Mexico
Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe
Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific
South America: Brazil, Argentina, and Rest of Latin America
Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East & Africa
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Segments covered in Network Automation Market are as follows:
- Component
- Hardware (Autonomous Mobile Robots (AMRs), Automated Guided Vehicles (AGVs), Automated Storage and Retrieval Systems (AS/RS), Automated Sorting and Conveyor Systems, De-palletizing/Palletizing Systems, and Automatic Identification and Data Collection (AIDC)), software (DCIM, virtualization, and others), services (consulting, deployment & integration, and support and maintenance).
- Function
- Inventory and storage management, transportation logistics
- Logistics Type
- Sales logistics, production logistics, recovery logistics, procurement logistics
- Organization size
- SMEs, large enterprises
- Software Application
- Inventory management, order management, yard management, shipping management, labor management, vendor management, customer support, others
- Vertical
- Retail & ecommerce, manufacturing, healthcare & pharmaceuticals, food & beverages, automotive, aerospace and defense, chemicals
Logistics Automation Market Size And Scope
The Logistics Automation market has experienced notable growth in recent years, propelled by the rising demand for power electronics across various sectors, including automotive, telecommunications, and renewable energy. This market is poised for further expansion as the global adoption of electric vehicles and renewable energy sources accelerates. Logistics Automation are highly valued for their exceptional thermal conductivity, electrical insulation, and mechanical strength, making them indispensable in power modules and electronic components. With ongoing advancements in technology and manufacturing, the applications of Logistics Automation are expected to broaden, extending their reach into an even wider array of uses in the near future.
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