PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1570623
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1570623
The Global Intralogistics Automation Solutions Market was valued at USD 21.4 billion in 2023 and is expected to grow at a CAGR of over 8% from 2024 to 2032. This growth is primarily driven by the rapid expansion of e-commerce, increasing demand for fast and accurate order fulfillment, and the need for efficient warehouse operations. Intralogistics automation solutions provide enhanced accuracy, reduced labor costs, improved productivity, and better space utilization, making them increasingly popular across various industries.
The market expansion is also supported by companies continuously developing more advanced and integrated solutions for managing warehouse operations. Additionally, the COVID-19 pandemic has accelerated the adoption of automation as businesses seek to maintain operations with minimal human intervention and ensure continuity during disruptions.
Technological advancements like artificial intelligence (AI), machine learning (ML), and the Internet of Things are transforming the intralogistics landscape. These technologies enable companies to develop intelligent and adaptive automation systems capable of real-time decision-making and optimization, resulting in improved efficiency and adaptability in handling logistics operations.
The market is segmented by technology into Automated Storage and Retrieval Systems (AS/RS), Automated Guided Vehicles (AGVs), Autonomous Mobile Robots (AMRs), Conveyor Systems, Sortation Systems, Warehouse Management Systems (WMS), and others. In 2023, the AS/RS segment accounted for over USD 5 billion, driven by the need for efficient space utilization in warehouses and distribution centers. These systems allow businesses to reduce storage footprints and improve accessibility to goods, optimizing storage capacity and enhancing productivity.
The market is also categorized by automation type, including in-built machinery and remote-operated systems. The in-built machinery segment is expected to grow at the highest CAGR of over 7.5% between 2024 and 2032. This segment offers seamless integration within existing warehouse structures, providing consistent performance and reliability. The increasing demand for fully automated warehouse solutions is driving growth, as companies aim to minimize human intervention and maximize operational efficiency.
North America led the global intralogistics automation solutions industry with a 35% share in 2023, driven by high labor costs, advanced technological infrastructure, and early adoption of automation technologies in the region. The region's leadership highlights a broader shift towards automation to enhance productivity and maintain competitiveness in the global market.