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Logistics Automation Market Will Rise due to Speed, Accuracy and Efficiency | Daifuku, Honeywell International, Jungheinrich, Kion Group AG
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Key Trends
There are three key trends in logistics automation technology:
1. Automated picking and packing: Automated picking and packing systems use robotics to select and pack items for shipment. These systems can improve accuracy and efficiency in the picking and packing process, and can reduce labor costs.
2. Automated storage and retrieval: Automated storage and retrieval systems use robotics to store and retrieve items from warehouse shelves. These systems can improve accuracy and efficiency in the storage and retrieval process, and can reduce labor costs.
3. Automated transportation: Automated transportation systems use robotics to move items from one location to another. These systems can improve accuracy and efficiency in the transportation process, and can reduce labor costs.
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Key Drivers
The key drivers of logistics automation are speed, accuracy, and efficiency. Automation can help reduce the time it takes to complete tasks, improve accuracy and reduce errors, and increase efficiency by reducing the need for manual labor. Automation can also help to improve customer satisfaction by providing faster and more accurate service.
Market Segmentation
The logistics automation market is segmented component, organizational size, and region. By component, the market is segmented into hardware, software, and services. By organizational size, the market is divided into small and medium enterprises and large enterprises. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.
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Key Players
Some major key players of Logistics Automation Market are Beumer Group GmbH & Co. KG (Germany), Daifuku Co., Ltd. (Japan), Honeywell International Inc. (US), Jungheinrich AG (Germany), Kion Group AG (Germany), Knapp AG (Austria), Mecalux, S.A. (Spain), Murata Machinery, Ltd. (Japan), SSI Schaefer Group (US), and TGW Logistics Group GmbH (Austria).
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