Logistics Automation - The Future of Supply Chain Management

Increasing implementation of Industry 4.0 has led to an extensive digital overhaul across the manufacturing sector. This in turn has uplifted the integration of logistics automation components across the industries for harnessing the power of sophisticated digital technologies. The logistics automation companies’ offers a competitive edge to their clients by restructuring various supply chain processes. The increasing development of digital technologies such as cloud computing, advanced software, and Big Data could be used, which are delivered by the logistics automation providers for maintaining visibility across the overall supply chain with improved visibility, operations, transparency, and productivity. Additionally, technologies such as automation, the Internet of Things (IoT), and robotics are also gaining more prominence. Also, the requirements for deployments of logistics automation by the organizations are anticipated to grow during the forecast period.

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Latest market study on “Logistics Automation Market to 2027 by Component (Hardware, Software, Services); Application (Warehouse Management, Transportation Management); Mode of Freight Transport ( Air, Road, Sea ); End-User Industry ( Retail and E-Commerce, Manufacturing, Oil and Gas, Food and Beverage, Automotive, Healthcare, and Pharmaceutical, Others ); - Global Analysis and Forecast”, the logistics automation market is estimated to reach US$ 121,343.3 Mn by 2027 from US$ 39,286.3 Mn in 2018. The report includes a key understanding of the driving factors of this growth and also highlights the prominent players in the market and their developments.

Growing advancement in technology has encouraged the increasing adoption of robots for various industries. Logistics automation is becoming essential for retailers owing to the growing retail & e-commerce sectors worldwide. Market players are trying to achieve omnichannel and online strategies. Thus, logistics automation is necessary for retailers. The logistics automation ensures the management of the inventory, tracking, reporting and forecasting, packaging, transportation of goods, and warehouse management. The constant growth in the retail & e-commerce sector is expected to create new opportunities for the global logistics automation market during the forecasted period.

The global market for logistics automation market is segmented based on the parameters such as component, mode of freight transport, application, end-user industry, and geography. Based on components, the hardware segment dominates the logistics automation market heavily and is expected to dominate the market in the forecast period from 2019 - 2027. On the basis of mode of freight transport, the road segment led the market in 2018 with a maximum market share and is expected to continue its dominance during the forecast period. On the basis of application, the warehouse management segment dominates the logistics automation market. Further, based on the end-user industry, retail, and e-commerce the segment led the market with the maximum market share. Key players operating in the market are partnering with the small as well as large and other companies which are helping them to gain customer traction. 

The major companies offering logistics automation market include Beumer Group, Daifuku Co., Ltd., Dematic (KION Group), Honeywell Intelligrated, KNAPP AG, Mecalux, S.A., Murata Machinery, Ltd., Swisslog Holding AG, TGW Logistics Group, and VITRONIC among others. Several other companies are also offering these logistics automation for various manufacturers, which is facilitating the market to propel over the years.

The Logistics Automation Market research study is designed to keep in focus all the major countries. Although all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries that are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.