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Logistics Automation Market Report by Component, Function, Enterprise Size, Industry Vertical, and Region 2024-2032

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    Report

  • 145 Pages
  • January 2024
  • Region: Global
  • IMARC Group
  • ID: 5936040
Description Jump to:
The global logistics automation market size reached US$ 73.5 billion in 2023. The market is projected to reach US$ 204.5 billion by 2032, exhibiting a growth rate (CAGR) of 12% during 2023-2032.

Logistics automation relies on the utilization of computer software or automated machinery to improve the efficiency of logistics operations. It assists in minimizing manual data entry errors and improving customer services by using features like auto pick-up, real-time freight tracking, proper insurance, and automatic notifications. It also aids in reducing the workforce required for processing tasks like sorting, weighting, barcoding, counting, picking, and packing. Moreover, as it is scalable, speedy, and accurate, its demand is rising across the globe.

Logistics Automation Market Trends

Presently, e-commerce platforms worldwide are gaining immense popularity on account of the increasing sales of smartphones and the rising penetration of high-speed internet connections. This represents one of the key factors driving the market. Apart from this, there is a significant rise in the number of warehouses and a consequent increase in investments for warehouse automation. This can be accredited to the surging need for efficient warehousing and inventory management and reducing the cost of labor, which is contributing to market growth. Furthermore, leading market players are introducing warehouse robots to eliminate the need for manual involvement in a variety of activities, such as warehousing and material handling, by automating laborious and dangerous tasks and ensuring the safety of the workforce. They are also automating logistics with advanced technologies, such as global positioning systems (GPS), artificial intelligence (AI), biometrics, and real-time tracking for streamlining businesses. Other major factors, including the development of autonomous heavy-duty freight vehicles and flying drones for performing numerous intralogistics processes within the warehouse and storage facilities and their expanding applications in retail, automotive, and food and beverage (F&B) industries, are anticipated to strengthen the market growth.

Key Market Segmentation:

The report provides an analysis of the key trends in each sub-segment of the global logistics automation market report, along with forecasts at the global, regional and country level from 2023-2032. The report has categorized the market based on component, function, enterprise size and industry vertical.

Breakup by Component:

  • Hardware
  • Mobile Robots (AGV, AMR)
  • Automated Storage and Retrieval Systems (AS/RS)
  • Automated Sorting Systems
  • De-palletizing/Palletizing Systems
  • Conveyor Systems
  • Automatic Identification and Data Collection (AIDC)
  • Order Picking
  • Software
  • Warehouse Management Systems (WMS)
  • Warehouse Execution Systems (WES)
  • Services
  • Value Added Services
  • Maintenance

Breakup by Function:

  • Warehouse and Storage Management
  • Transportation Management

Breakup by Enterprise Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises

Breakup by Industry Vertical:

  • Manufacturing
  • Healthcare and Pharmaceuticals
  • Fast-Moving Consumer Goods (FMCG)
  • Retail and E-Commerce
  • 3PL
  • Aerospace and Defense
  • Oil, Gas and Energy
  • Chemicals
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Beumer Group GmbH & Co. KG, Daifuku Co. Ltd., Dematic (Kion Group AG), Honeywell International Inc., Jungheinrich AG, Kardex Group, Knapp AG, Mecalux S.A., Murata Machinery Ltd., Oracle Corporation, SAP SE and Swisslog Holding AG (KUKA AG).

Key Questions Answered in This Report

1. What was the size of the global logistics automation market in 2023?
2. What is the expected growth rate of the global logistics automation market during 2024-2032?
3. What are the key factors driving the global logistics automation market?
4. What has been the impact of COVID-19 on the global logistics automation market?
5. What is the breakup of the global logistics automation market based on the component?
6. What is the breakup of the global logistics automation market based on the function?
7. What is the breakup of the global logistics automation market based on the enterprise size?
8. What is the breakup of the global logistics automation market based on the industry vertical?
9. What are the key regions in the global logistics automation market?
10. Who are the key players/companies in the global logistics automation market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Logistics Automation Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Hardware
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Mobile Robots (AGV, AMR)
6.1.2.2 Automated Storage and Retrieval Systems (AS/RS)
6.1.2.3 Automated Sorting Systems
6.1.2.4 De-palletizing/Palletizing Systems
6.1.2.5 Conveyor Systems
6.1.2.6 Automatic Identification and Data Collection (AIDC)
6.1.2.7 Order Picking
6.1.3 Market Forecast
6.2 Software
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Warehouse Management Systems (WMS)
6.2.2.2 Warehouse Execution Systems (WES)
6.2.3 Market Forecast
6.3 Services
6.3.1 Market Trends
6.3.2 Key Segments
6.3.2.1 Value Added Services
6.3.2.2 Maintenance
6.3.3 Market Forecast
7 Market Breakup by Function
7.1 Warehouse and Storage Management
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Transportation Management
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Enterprise Size
8.1 Small and Medium-sized Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Industry Vertical
9.1 Manufacturing
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Healthcare and Pharmaceuticals
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Fast-Moving Consumer Goods (FMCG)
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Retail and E-Commerce
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 3PL
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Aerospace and Defense
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Oil, Gas and Energy
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Chemicals
9.8.1 Market Trends
9.8.2 Market Forecast
9.9 Others
9.9.1 Market Trends
9.9.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 ABB Ltd.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Beumer Group GmbH & Co. KG
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Daifuku Co. Ltd.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 Dematic (Kion Group AG)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Honeywell International Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Jungheinrich AG
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Kardex Group
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 Knapp AG
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Mecalux S.A.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Murata Machinery Ltd.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Oracle Corporation
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 SAP SE
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
15.3.13 Swisslog Holding AG (KUKA AG)
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Logistics Automation Market: Major Drivers and Challenges
Figure 2: Global: Logistics Automation Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Logistics Automation Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Logistics Automation Market: Breakup by Component (in %), 2023
Figure 5: Global: Logistics Automation Market: Breakup by Function (in %), 2023
Figure 6: Global: Logistics Automation Market: Breakup by Enterprise Size (in %), 2023
Figure 7: Global: Logistics Automation Market: Breakup by Industry Vertical (in %), 2023
Figure 8: Global: Logistics Automation Market: Breakup by Region (in %), 2023
Figure 9: Global: Logistics Automation (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Logistics Automation (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Logistics Automation (Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Logistics Automation (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Logistics Automation (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Logistics Automation (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Logistics Automation (Warehouse and Storage Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Logistics Automation (Warehouse and Storage Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Logistics Automation (Transportation Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Logistics Automation (Transportation Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Logistics Automation (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Logistics Automation (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Logistics Automation (Large Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Logistics Automation (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Logistics Automation (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Logistics Automation (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Logistics Automation (Healthcare and Pharmaceuticals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Logistics Automation (Healthcare and Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Logistics Automation (Fast-Moving Consumer Goods-FMCG) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Logistics Automation (Fast-Moving Consumer Goods-FMCG) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Logistics Automation (Retail and E-Commerce) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Logistics Automation (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Logistics Automation (3PL) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Logistics Automation (3PL) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Logistics Automation (Aerospace and Defense) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Logistics Automation (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Logistics Automation (Oil, Gas and Energy) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Logistics Automation (Oil, Gas and Energy) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Logistics Automation (Chemicals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Logistics Automation (Chemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Logistics Automation (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Logistics Automation (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: North America: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: North America: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: United States: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: United States: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Canada: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Canada: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Asia-Pacific: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Asia-Pacific: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: China: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: China: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Japan: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Japan: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: India: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: India: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: South Korea: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: South Korea: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Australia: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Australia: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Indonesia: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Indonesia: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Others: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Others: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Europe: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Europe: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Germany: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Germany: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: France: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: France: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: United Kingdom: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: United Kingdom: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Italy: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Italy: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Spain: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Spain: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Russia: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Russia: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Others: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Others: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Latin America: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Latin America: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Brazil: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Brazil: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Mexico: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Mexico: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Others: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Others: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Middle East and Africa: Logistics Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Middle East and Africa: Logistics Automation Market: Breakup by Country (in %), 2023
Figure 89: Middle East and Africa: Logistics Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Global: Logistics Automation Industry: SWOT Analysis
Figure 91: Global: Logistics Automation Industry: Value Chain Analysis
Figure 92: Global: Logistics Automation Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Logistics Automation Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Logistics Automation Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 3: Global: Logistics Automation Market Forecast: Breakup by Function (in Million US$), 2024-2032
Table 4: Global: Logistics Automation Market Forecast: Breakup by Enterprise Size (in Million US$), 2024-2032
Table 5: Global: Logistics Automation Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
Table 6: Global: Logistics Automation Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Logistics Automation Market: Competitive Structure
Table 8: Global: Logistics Automation Market: Key Players

Companies Mentioned

  • ABB Ltd.
  • Beumer Group GmbH & Co. KG
  • Daifuku Co. Ltd.
  • Dematic (Kion Group AG)
  • Honeywell International Inc.
  • Jungheinrich AG
  • Kardex Group
  • Knapp AG
  • Mecalux S.A.
  • Murata Machinery Ltd.
  • Oracle Corporation
  • SAP SE and Swisslog Holding AG (KUKA AG)

Methodology

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Table Information

Report AttributeDetails
No. of Pages145
PublishedJanuary 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 73.5 Billion
Forecasted Market Value ( USD ) by 2032 $ 204.5 Billion
Compound Annual Growth Rate12.0%
Regions CoveredGlobal
No. of Companies Mentioned12

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