The global Logistics Automation Market was valued at US$ XX Billion in 2021. IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027 period.
Sheridan, 2 days, USA, January 28, 2022 / EINPresswire.com/ –
Logistics automation refers to automated machines, control systems, or computer software to enhance operational efficiency. It helps simplify and speed up warehouse and implementation processes, and helps reduce errors by reducing the need for human intervention. Logistics automation also provides real-time shipment tracking, automatic receiving, proper insurance, automatic notifications, and freight accounting. Furthermore, it improves the customer experience and reduces the workforce required to perform tasks, such as weighting, bar coding, picking, and packing. As a result, logistics automation has gained traction due to its scalability, accuracy, speed and cost-effectiveness.
Base year: 2021
Prediction year: 2022-2027
The global Logistics Automation Market was valued at US$ XX Billion in 2021. Looking ahead, IMARC Group expects the market to grow at a CAGR of XX% during the period 2022-2027.
Logistics Automation Market Trends and Drivers:
The global logistics automation market is primarily driven by the expanding e-commerce industry and the growing need for efficient warehousing and inventory management. In addition, the increasing number of warehouses and increasing investments in warehouse automation due to inflated labor costs have stimulated market growth.
Moreover, the introduction of warehouse robots by major players to automate tedious tasks such as material handling to ensure workforce safety has accelerated the rate of product adoption.
The growth of the market in the coming years is also expected to be driven by other factors, including the advent of the Industrial Internet of Things (IIoT), the easy availability of scalable technological solutions, advances in robotics, and rapid digital transformation in the logistics sector.
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Note: We regularly track the direct impact of COVID-19 on the market, along with the indirect impact of related industries. These notes will be incorporated into the report.
Global Logistics Automation Market Analysis and Segmentation 2022-2027:
The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.
ABB Ltd. , Beumer Group GmbH & Co. KG, Daifuku Co. Ltd. , Dematic (Kion Group AG), Honeywell International Inc. , Jungheinrich AG, Kardex Group, Knapp AG, Mecalux SA, Murata Machinery Ltd. , Oracle Corporation, SAP SE and Swisslog Holding AG (KUKA AG).
The report has segmented the market on the basis of region, components, function, organization size, and industry segment
Breakdown by component:
o Mobile robotics (AGV, AMR)
o Automated retrieval and storage systems (AS/RS)
o Automated sorting systems
o Unloading systems / pallets
o Transportation systems
o Automated identification and data collection (AIDC)
o choose order
o Warehouse Management Systems (WMS)
o Warehouse Execution Systems (WES)
o value added services
Breakdown by job:
• Warehouse and warehousing management
• Transportation Department
Segmentation by enterprise size:
• Small and Medium Enterprises
• Large companies
Segmentation by vertical industry:
• Health care and medication
• Fast Moving Consumer Goods (FMCG)
• Retail and e-commerce
• Aerospace and Defense
• Oil, Gas and Energy
Division by region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, other countries)
• Europe: (Germany, France, UK, Italy, Spain, Russia, other countries)
• Latin America: (Brazil, Mexico, other countries)
• Middle East and Africa
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Highlights of the report:
• Market performance (2016-2021)
• Market Outlook (2022-2027)
Porter’s Five Forces Analysis
• Market drivers and success factors
• SWOT . Analysis
• value chain
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all sectors and regions to identify the highest-value opportunities, address the most critical challenges, and transform their businesses.
IMARC’s information products include key markets and scientific, economic and technological developments of business leaders in pharmaceutical, industrial and high-tech enterprises. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and new processing methods are on top of the company’s expertise.
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