PUBLISHER: KBV Research | PRODUCT CODE: 1635310
PUBLISHER: KBV Research | PRODUCT CODE: 1635310
The Asia Pacific Logistics Automation Market would witness market growth of 13.1% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Logistics Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,732 million by 2031. The Japan market is showcasing a CAGR of 12.3% during (2024 - 2031). Additionally, The India market would register a CAGR of 13.7% during (2024 - 2031).
Logistics automation applies advanced technologies and systems to streamline, optimize, and enhance various logistics and supply chain processes. It automates repetitive, time-intensive, error-prone warehousing, transportation, inventory management, and order fulfillment tasks. Logistics automation significantly improves efficiency, accuracy, and speed across the supply chain by integrating robotics, software systems, Artificial Intelligence (AI), the Internet of Things (IoT), and data analytics.
Additionally, at its core, logistics automation seeks to reduce human intervention in routine operations while increasing productivity and minimizing errors. In warehouses, robotic systems are frequently employed to expedite the processing of large orders by performing duties such as picking, packing, and sorting.
The rise of key industries and the increasing demand for integrating artificial intelligence (AI) and automation are significantly driving the growth of the logistics automation market in the Asia Pacific region. Japan is at the forefront of leveraging cutting-edge technologies like autonomous vehicles and robotics, especially in warehousing and supply chain operations. According to the Statistics Bureau of Japan, the government has allocated over 272 billion yen to AI investments to integrate smart technologies across industries, including logistics. These investments are accelerating the adoption of automated systems that enhance efficiency, reduce labor dependency, and improve logistics processes' overall speed and accuracy.
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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Logistics Automation Market Report Segmentation
By Enterprise Type
By Logistics Type
By Component
By Application
By Industry
By Country