What is the current size and annual growth rate of the logistics automation market?
The logistics automation market size has grown rapidly in recent years. It will grow from $66.59 billion in 2024 to $73.9 billion in 2025 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to cost reduction, demand for efficiency, e-commerce growth, globalization, customer expectations, sustainability concerns.
The logistics automation market size is expected to see rapid growth in the next few years. It will grow to $126.19 billion in 2029 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to autonomous vehicles, warehouse robotics, robotic process automation (RPA), customization and flexibility, collaborative robotics (Cobots). Major trends in the forecast period include blockchain technology, artificial intelligence (AI) integration, technological advancements, autonomous vehicles and drones, robotics in warehousing.
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Which industry factors have accelerated the logistics automation market’s expansion?
The growth of the e-commerce industry is expected to propel the growth of the logistics automation market going forward. Ecommerce refers to the buying and selling of goods and services with the help of the Internet. Logistics automation is used by the e-commerce industry to maintain its stock in warehouses and distribution centers. This helps in the easy handling of goods between different departments in the company. For instance, in June 2024, according to the reports published by Forbes LLC, a UK-based media company, the number of e-commerce users in the UK reached approximately 60 million in 2023, with projections suggesting this could grow to 62.1 million by 2025. Therefore, the growth of the e-commerce industry is driving the logistics automation market growth.
What are the primary segments of the logistics automation market?
The logistics automation market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Function: Warehouse and Storage Management, Transportation Management
3) By Organization Size: Small-Medium Size Organizations, Large Scale Organization
4) By End-User: Retail and E-Commerce, Automotive, Food and Beverage, Logistics and Transportation, Other End Users
Subsegments:
1) By Hardware: Workstations and Desktops, Laptops and Mobile Devices, Printers and Scanners, Networking Equipment, Servers and Storage Devices, Audio-Visual Equipment, Security Hardware
2) By Software: Workplace Management Software, Collaboration and Communication Tools, Project Management Software, IT Service Management (ITSM) Software, Document Management Software, Customer Relationship Management (CRM) Software, Security Software (Antivirus, Firewalls)
3) By Services: Technical Support Services, Consulting Services, Training and Development Services, Maintenance and Repair Services, Implementation Services, Managed Services, Cloud Services
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Which firms are leading the logistics automation market?
Major companies operating in the logistics automation market include Oracle Corporation, ABB Ltd., Toshiba Logistics Corporation, Murata Manufacturing Co Ltd., Kion Group AG, Jungheinrich Aktiengesellschaft, Daifuku Co Ltd., Kuka Robotics GmbH, Yaskawa Electric Corporation, Dematic GmbH, JBT Corporation, SSI Schaefer AG, Knapp AG, Körber Supply Chain Solutions, Mecalux S.A., Beumer Group GmbH, TGW Logistics Group GmbH, Manhattan Associates Inc., Swisslog Holding AG, JDA Software Group Inc., WiseTech Global Limited, Descartes Systems Group Inc., System Logistics SpA, VITRONIC GmbH, Falcon Autotech Private Limited, One Network Enterprises Inc., HighJump Software LLC, Matternet Inc., FANUC Corporation, Kawasaki Heavy Industries Ltd.
Which market trends are set to define the future of the logistics automation market?
Major companies operating in the logistics automation market are focusing on strategic collaboration, to provide reliable services to customers. Strategic collaboration refers to a mutually beneficial partnership between two or more independent entities who work together to achieve shared goals aligned with their individual strategic objectives. For instance, in December 2023, Logistex, UK-based, Software company collaborate with Geek+, a China-based, global technology company, to enable end-to-end automation solutions for logistics to customers. Combining Logistex’s expertise in warehouse design and software with Geek+’s advanced mobile robotic solutions creates a comprehensive suite for streamlining fulfillment and maximizing productivity.
Which geographic trends are shaping the logistics automation market, and which region has the highest market share?
The countries covered in the logistics automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Logistics Automation Market Report 2025 Offer?
The logistics automation market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Logistics automation refers to the application of computer software or automated machinery to improve efficiency in managing logistics. This helps to replace manual operations and handling equipment with automated facilities and processes. Logistics automation helps develop logistics operations in various end-use industries and used in warehouses and distribution centers, which help in maintaining huge stocks.
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