Logistics Automation Market Industry Analysis, Growth, Trends and Forecast - 2029

Logistics Automation Market is expected to reach at USD 115.29 Bn in 2029. Global Logistics Automation Market size is expected to grow at a CAGR of 10.98% through the forecast period.

Logistics Automation Market Report Scope and Research Methodology

The comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the Logistics Automation industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand trends, growth stimulators, spending patterns, and modernization trends across different regions.

The research is based on extensive research and analysis, incorporating inputs from industry experts, government agencies, and market participants, providing a reliable and accurate assessment of the market dynamics and future trends.

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What are Logistics Automation Market Dynamics?

The adoption of Industry 4.0 and advanced technologies such as IIoT platforms, IoT, and AI to reduce labor costs and enhance productivity is a major driver for market growth. With a surge in global e-commerce sales and increasing demand from various industries, the Logistics Automation Market is witnessing significant growth. However, the high capital investment required for automation in logistics operations poses a challenge. The lack of uniform governance standards is another significant restraint, making it difficult for end-users to fully automate supply chain and logistics operations.

Logistics Automation Market Segmentation?

Function: The transportation management segment is poised to exhibit the highest CAGR during the forecast period. It plays a significant role in ensuring timely delivery of goods and reducing transportation costs by providing better visibility through transportation management systems.

Component: Hardware-integrated systems, including Automated Storage and Retrieval Systems (ASRS), conveyors, sortation systems, robotic handling systems, Autonomous Mobile Robots (AMRs), and Automated Guided Vehicles (AGVs), are expected to dominate the market during the forecast period.

Vertical: The automotive sector is projected to lead the logistics automation market due to the increased demand for automated production systems and flexible logistics systems. Additionally, the retail and e-commerce segment is growing significantly, driven by changing customer demands and the rising trend of online shopping.

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Who are Logistics Automation Market Key Players?

1. Toshiba Logistics
2. TGW Logistics Group GmbH
3. Wisetech Global
4. System Logistics SPA
5. Falcon Autotech
6. Dematic
7. Daifuku
8. Swisslog
9. Honeywell Intelligrated
10. Murata Machinery
11. Knapp GG
12. Jungheinrich AG
13. SSI Schaefer
14. Mecalux, S.A.
15. Vitronic
16. Beumer Group
17. Hinditron
18. JBT Corporation
19. UlMA Handling System
20. SI system LLC
21. The Apache Software Foundation
22. KNAPP AG
23. Blue Yonder
24. E&K Automation
25. HighJump

Table of content for the Logistics Automation Market includes:

Part 01: Executive Summary

Part 02: Scope of the Logistics Automation Market Report

Part 03: Global Logistics Automation Market Landscape

Part 04: Global Logistics Automation Market Sizing

Part 05: Global Logistics Automation Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

North America: The region is set to witness substantial growth due to the adoption of logistics automation solutions to improve supply chain operations. The healthcare, pharmaceutical, food, and beverage industries, as well as the integration of technology at manufacturing facilities, are driving the market in North America.

Asia Pacific: This region is expected to experience the highest growth rate, primarily due to large-scale industrialization in countries like India and China. The growing population, rising disposable income, and increasing investments from global companies in manufacturing, automobiles, retail, and healthcare industries contribute to market growth.

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