Logistics Automation Market by Component, Logistics Type, Application, Verticals

List of Tables

The Logistics Automation Market was valued at USD 65.83 billion in 2023, expected to reach USD 72.36 billion in 2024, and is projected to grow at a CAGR of 10.13%, to USD 129.40 billion by 2030.

Logistics automation refers to the application of advanced technologies such as robotics, artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT) to streamline logistics operations, including warehousing, distribution, and transportation. The necessity for logistics automation is driven by the increasing demand for efficiency, cost reduction, rapid delivery times, and enhanced accuracy in supply chain management. It finds applications across various sectors such as e-commerce, manufacturing, healthcare, and retail, where speed and precision have become pivotal in maintaining competitive advantage. The end-use scope includes automated storage and retrieval systems, autonomous vehicles, and inventory management solutions, among others. Market insights indicate that the major growth influencers are the rise of e-commerce, globalization of supply chains, and the availability of sophisticated technology solutions that facilitate seamless integration. Furthermore, the shift towards sustainable and eco-friendly logistics practices opens avenues for innovative solutions aimed at reducing carbon footprints. Potential opportunities rest in AI-driven predictive analytics for demand forecasting, autonomous last-mile delivery solutions, and blockchain for enhancing transparency and traceability. Businesses should capitalize on these trends by investing in robust technology infrastructure and partnerships with tech innovators. However, the market faces limitations such as high initial investment costs, cybersecurity threats, and resistance to change from traditional logistics service providers. Additionally, regulatory and compliance issues can pose challenges due to varying international standards. The most promising areas for innovation and research include enhancing AI algorithms for real-time decision-making, developing adaptive and flexible robotic systems, and advancing IoT connectivity for better data-driven insights. Ultimately, the logistics automation market is characterized by rapid technological evolutions and competitive dynamics, making it essential for businesses to stay agile, invest in continuous research and development, and adopt a proactive approach to meet and exceed the constantly evolving demands of the global supply chain.

KEY MARKET STATISTICS
Base Year [2023]	USD 65.83 billion
Estimated Year [2024]	USD 72.36 billion
Forecast Year [2030]	USD 129.40 billion
CAGR (%)	10.13%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Logistics Automation Market

The Logistics Automation Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Increasing demand for automated solutions for logistics operations
- Significant potential through Industry 4.0 and Rapid expansion of the e-commerce industry
- Growing incidence of accidents and rising focus on safety in warehouses
Market Restraints
- High capital associated with the installment and maintenance of advanced automation systems
Market Opportunities
- Development of advanced logistics robots for faster and error-free order fulfillment
- Growing implementation of advanced vehicles
Market Challenges
- Mechanical challenges with warehouse automation

Porter's Five Forces: A Strategic Tool for Navigating the Logistics Automation Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Logistics Automation Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Logistics Automation Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Logistics Automation Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Logistics Automation Market

A detailed market share analysis in the Logistics Automation Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Logistics Automation Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Logistics Automation Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Logistics Automation Market

A strategic analysis of the Logistics Automation Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Logistics Automation Market, highlighting leading vendors and their innovative profiles. These include 4flow AG, ABB Ltd., Astrata Europe BV, Beumer Group, Daifuku Co., Ltd., Dematic Group, Falcon Autotech Pvt Ltd., Fanuc Corporation, FRAMOS GmBH, Hitachi, Ltd., Honeywell International Inc., Intel Corporation, International Business Machines Corporation, Jungheinrich AG, Kardex Holding AG, Knapp AG, KUKA AG, Mecalux, S.A., Microsoft Corporation, Mitsubishi Electric Corporation., Murata Machinery, Ltd., Omron Corporation, Oracle Corporation, Panasonic Corporation, Rockwell Automation Inc., SAP SE, Schneider Electric SE, System Logistics S.p.A., TGW Logistics Group GmbH, Toshiba Corporation, ULMA Handling Systems, Univera, Vanderlande Industries B.V., Viastore Systems GmbH, and VITRONIC Dr.-Ing. Stein Bildverarbeitungssysteme GmbH.

Market Segmentation & Coverage

This research report categorizes the Logistics Automation Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Automated Guided Vehicles (AGVs), Automated Sorting and Conveyor Systems, Automated Storage and Retrieval Systems (AS/RS), Automatic Identification and Data Collection (AIDC), Autonomous Mobile Robots (AMRs), and De-palletizing/Palletizing Systems. The Services is further studied across Consulting, Deployment & Integration, and Support and Maintenance. The Software is further studied across Transportation Management System (TMS) software and Warehouse Management System (WMS) software.
Based on Logistics Type, market is studied across Procurement Logistics, Production Logistics, Recovery Logistics, and Sales Logistics.
Based on Application, market is studied across Transportation Management and Warehouse & Storage Management.
Based on Verticals, market is studied across Aerospace & Defense, Automotive, Chemicals, Food & Beverage, Manufacturing, Oil, Gas, & Energy, Pharmaceuticals & Healthcare, and Retail & E-Commerce.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-4347795426B4

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for automated solutions for logistics operations
  - 5.1.1.2. Significant potential through Industry 4.0 and Rapid expansion of the e-commerce industry
  - 5.1.1.3. Growing incidence of accidents and rising focus on safety in warehouses
- 5.1.2. Restraints
  - 5.1.2.1. High capital associated with the installment and maintenance of advanced automation systems
- 5.1.3. Opportunities
  - 5.1.3.1. Development of advanced logistics robots for faster and error-free order fulfillment
  - 5.1.3.2. Growing implementation of advanced vehicles
- 5.1.4. Challenges
  - 5.1.4.1. Mechanical challenges with warehouse automation
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Logistics Automation Market, by Component

6.1. Introduction
6.2. Hardware
- 6.2.1. Automated Guided Vehicles (AGVs)
- 6.2.2. Automated Sorting and Conveyor Systems
- 6.2.3. Automated Storage and Retrieval Systems (AS/RS)
- 6.2.4. Automatic Identification and Data Collection (AIDC)
- 6.2.5. Autonomous Mobile Robots (AMRs)
- 6.2.6. De-palletizing/Palletizing Systems
6.3. Services
- 6.3.1. Consulting
- 6.3.2. Deployment & Integration
- 6.3.3. Support and Maintenance
6.4. Software
- 6.4.1. Transportation Management System (TMS) software
- 6.4.2. Warehouse Management System (WMS) software

7. Logistics Automation Market, by Logistics Type

7.1. Introduction
7.2. Procurement Logistics
7.3. Production Logistics
7.4. Recovery Logistics
7.5. Sales Logistics

8. Logistics Automation Market, by Application

8.1. Introduction
8.2. Transportation Management
8.3. Warehouse & Storage Management

9. Logistics Automation Market, by Verticals

9.1. Introduction
9.2. Aerospace & Defense
9.3. Automotive
9.4. Chemicals
9.5. Food & Beverage
9.6. Manufacturing
9.7. Oil, Gas, & Energy
9.8. Pharmaceuticals & Healthcare
9.9. Retail & E-Commerce

10. Americas Logistics Automation Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Logistics Automation Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Logistics Automation Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.4. Strategy Analysis & Recommendation

Companies Mentioned

1. 4flow AG
2. ABB Ltd.
3. Astrata Europe BV
4. Beumer Group
5. Daifuku Co., Ltd.
6. Dematic Group
7. Falcon Autotech Pvt Ltd.
8. Fanuc Corporation
9. FRAMOS GmBH
10. Hitachi, Ltd.
11. Honeywell International Inc.
12. Intel Corporation
13. International Business Machines Corporation
14. Jungheinrich AG
15. Kardex Holding AG
16. Knapp AG
17. KUKA AG
18. Mecalux, S.A.
19. Microsoft Corporation
20. Mitsubishi Electric Corporation.
21. Murata Machinery, Ltd.
22. Omron Corporation
23. Oracle Corporation
24. Panasonic Corporation
25. Rockwell Automation Inc.
26. SAP SE
27. Schneider Electric SE
28. System Logistics S.p.A.
29. TGW Logistics Group GmbH
30. Toshiba Corporation
31. ULMA Handling Systems
32. Univera
33. Vanderlande Industries B.V.
34. Viastore Systems GmbH
35. VITRONIC Dr.-Ing. Stein Bildverarbeitungssysteme GmbH