Logistics Automation Market Outlook
According to the report by Expert Market Research (EMR), the global logistics automation market size is projected to grow at a CAGR of 13.2% between 2024 and 2032. Aided by the increasing need for efficient supply chain solutions and advancements in automation technologies, the market is expected to grow significantly by 2032.
Logistics automation involves the integration of advanced technologies such as robotics, artificial intelligence, and machine learning into the supply chain. This integration is pivotal in enhancing operational efficiency, reducing human error, and improving overall customer satisfaction. Automation in logistics is being increasingly adopted in various segments, including warehousing, transportation, and last-mile delivery.
The surge in the e-commerce industry is a primary driver of the logistics automation market growth. With the rapid increase in online shopping, there is a pressing need for faster and more efficient delivery systems. Automation in logistics plays a significant role in meeting these demands by streamlining processes and ensuring timely deliveries.
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Advancements in technology are another significant factor contributing to market growth. The incorporation of IoT, AI, and robotics in logistics automation systems allows for real-time tracking, predictive analytics, and enhanced decision-making, leading to optimised operations.
According to the logistics automation market analysis, the growing emphasis on sustainability and the need to reduce carbon footprints have made automation in logistics more critical. Automated systems are more energy-efficient and contribute to reducing waste and emissions in the supply chain process.
Logistics automation is widely applied in warehousing where automated storage and retrieval systems, robots, and conveyor belts are used to enhance efficiency and accuracy. In transportation, automated vehicles and drones are being experimented with for deliveries, particularly in last-mile delivery services.
Recent innovations in this sector include the development of autonomous mobile robots (AMRs) and automated guided vehicles (AGVs) that can navigate warehouses and storage facilities more efficiently. Additionally, the integration of blockchain technology in logistics automation is enhancing transparency and security in the supply chain.
The logistics automation market demand is experiencing robust growth across various regions. The Asia-Pacific region, led by emerging economies like China and India, is witnessing rapid growth due to the expansion of the e-commerce sector and manufacturing industries. North America and Europe also hold significant shares in the market, with their advanced technological infrastructure and strong focus on innovation.
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Logistics Automation Market Segmentation
The market can be divided based on component, end-use industry, and region.
Market Breakup by Platform
- 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
- Services
Market Breakup by End-Use Industry
- Food and Beverage
- Post and Parcel
- Groceries
- General Merchandise
- Apparel
- Manufacturing
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global logistics automation market. Some of the major players explored in the report by Expert Market Research are as follows:
- Kion Group AG
- Daifuku Co., Ltd.
- KNAPP AG
- Honeywell International Inc
- The Beumer Group GmbH & Co. KG
- Others
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