The Global Logistics Automation Market reached a value of XX Billion US$ in 2021. IMARC Group expects the market to grow at a CAGR of XX% during the period 2022-2027.
SHERIDAN, WYOMING, USA, Jan. 28, 2022 /EINPresswire.com/ —
Logistics automation refers to automated machines, control systems or computer software to improve operational efficiency. It helps streamline and speed up warehouse operations and fulfillment processes, and helps reduce errors by minimizing the need for human intervention. Logistics automation also offers real-time freight tracking, automatic pickup, proper insurance, automatic notifications, and freight accounting. Plus, it improves the customer experience and reduces the labor required to perform tasks such as weighing, barcoding, picking, and packing. As a result, logistics automation has gained traction due to its scalability, accuracy, speed and cost effectiveness.
Base year: 2021
Forecast year: 2022-2027
The Global Logistics Automation Market reached a value of XX Billion US$ in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during the period 2022-2027.
Logistics Automation Market Trends and Drivers:
The global logistics automation market is mainly driven by the expansion of the e-commerce industry and the growing need for efficient warehousing and inventory management. Additionally, the growing number of warehouses and rising investments in warehouse automation due to inflation in labor costs have catalyzed the growth of the market.
Additionally, the introduction of warehouse robots by leading players to automate laborious tasks such as material handling to ensure workforce safety has accelerated the rate of product adoption.
Other factors, including the emergence of the Industrial Internet of Things (IIoT), the easy availability of scalable technology solutions, advances in robotics, and rapid digital transformation in the logistics industry, are also expected to propel growth. market in the years to come.
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Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
2022-2027 Global Logistics Automation Market Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.
ABB Ltd., Beumer Group GmbH & Co. KG, Daifuku Co. Ltd., Dematic (Kion Group AG), Honeywell International Inc., Jungheinrich AG, Kardex Group, Knapp AG, Mecalux SA, Murata Machinery Ltd., Oracle Corporation, SAP SE and Swisslog Holding AG (KUKA AG).
The report has segmented the market based on region, component, function, company size and industry vertical
Breakdown by component:
o Mobile robots (AGV, AMR)
o Automated storage and retrieval systems (AS/RS)
o Automated sorting systems
o Depalletizing/palletizing systems
o Conveyor systems
o Automatic identification and data collection (AIDC)
o Preparation of orders
o Warehouse Management Systems (WMS)
o Warehouse Execution Systems (WES)
o Value-added services
Breakdown by function:
• Warehouse and storage management
• Transport management
Breakdown by business size:
• Small and medium enterprises
• Large companies
Breakdown by vertical industry:
• Health and Pharmaceuticals
• Fast Moving Consumer Goods (FMCG)
• Retail and e-commerce
• Aeronautics and Defense
• Oil, gas and energy
• Chemical products
Breakdown 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
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Main highlights of the report:
• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we can provide it to you as part of the customization.
The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.
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