PUBLISHER: KBV Research | PRODUCT CODE: 1635224
PUBLISHER: KBV Research | PRODUCT CODE: 1635224
The North America Logistics Automation Market would witness market growth of 11.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Logistics Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $23,003.2 million by 2031. The Canada market is experiencing a CAGR of 12.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.6% during (2024 - 2031).
Sustainability has become another critical factor driving the growth of the logistics automation market. Businesses and governments increasingly focus on reducing carbon emissions and minimizing environmental impact. Automation technologies enable more efficient operations, reducing energy consumption and waste.
Additionally, electric vehicles (EVs) and renewable energy-powered facilities are being adopted in logistics to align with sustainability goals. Moreover, automated systems help optimize resource utilization, further contributing to environmental conservation efforts.
The logistics automation market in North America is expanding rapidly as a result of technological advancements, the necessity for operational efficiency, and supportive government initiatives. The region's emphasis on supply chain resilience and modernization has created fertile ground for adopting advanced logistics technologies. The United States leads the logistics automation market in North America, driven by its advanced technological infrastructure and the growing demand for high-efficiency supply chain solutions. Retail e-commerce sales in the U.S. reached $291.6 billion in the second quarter of 2024, a 1.3% increase from the previous quarter, according to the U.S. Census Bureau. This surge in online shopping has placed immense pressure on logistics providers to adopt automation technologies such as AI-driven delivery management, robotic warehousing, and real-time tracking to meet consumer expectations for fast and reliable deliveries.
Based on Enterprise Type, the market is segmented into Large Enterprises, and SMEs. Based on Logistics Type, the market is segmented into Sales Logistics, Production Logistics, Recovery Logistics, and Procurement Logistics. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Transport Management, Warehouse Management, Labor Management, and Other Applications. Based on Industry, the market is segmented into Retail & E-commerce, Food & Beverages, Healthcare & Pharma, Aerospace & Defense, Energy & Utility, Automotive, and Other Industries. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Logistics Automation Market Report Segmentation
By Enterprise Type
By Logistics Type
By Component
By Application
By Industry
By Country