India Logistics Automation Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

India Logistics Automation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The India logistics automation market exhibited robust growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 16% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Logistics automation refers to an integration of software, machinery, and control systems to improve the overall operational efficiency across warehouses and storage facilities. It works on a predefined pathway for production, packaging, warehousing, material handling, security, etc. Furthermore, an automated logistics system also performs numerous technological functions, including data entry, automatic receipt generation for confirmed goods, automated storage and retrieval systems, transportation management, etc. As a result, it is widely being adopted across diverse industry verticals, including manufacturing, healthcare, oil and gas, chemicals, E-commerce, FMCG, etc.

India Logistics Automation Market Trends:

In India, the increasing number of logistics and warehousing companies is currently driving the demand for automated solutions to improve operational speed and efficiency. Furthermore, the growing consumer awareness towards various benefits associated with logistics automation in reducing overhead costs and time, streamlining the supply chain, minimizing manual errors, etc., is also propelling the market growth. Additionally, the expanding e-commerce sector in the country has led to a significant growth in the adoption of logistics automation across warehouse and storage facilities. In line with this, the introduction of express delivery services by several e-commerce companies is also augmenting the need for automated logistics solutions in the sector. Moreover, the rising integration of automated logistics with numerous advanced technologies, such as artificial intelligence, global positioning systems (GPS), biometrics, real-time tracking, etc., for improved operational efficiency is further catalyzing the market growth. In line with this, the outbreak of the COVID-19 pandemic in India has catalyzed the demand for logistics automation to reduce the disease spread among the workforce and minimize the losses incurred during lockdowns. In the coming years, the emergence of driverless vehicles, robots, drones, etc., for performing various intralogistics processes within the warehouses and storage facilities will continue to drive the market for logistics automation in India.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India logistics automation market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, component, function and vertical.

Breakup by Component:

Software
Hardware Integrated Systems
Services

Breakup by Function:

Warehouse and Storage Management
Transportation Management

Breakup by Vertical:

Manufacturing
Healthcare and Pharmaceuticals
Fast-Moving Consumer Goods
Retail and eCommerce
3PL
Aerospace and Defense
Oil, Gas, and Energy
Chemicals
Others

Breakup by Region:

North India
West and Central India
East India
South India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players. The players include ABB India Ltd. (ABB Ltd.), Beumer India Pvt Ltd. (Beumer Group), Daifuku Co. Ltd, Falcon Autotech Private Limited, Future Supply Chain Solutions Ltd, Hinditron Group of Companies, Inspirage, Mahindra Logistics Ltd., Muratec Machinery Ltd., SSI Schaefer AG. (Fritz Schäfer GmbH) and TCI Express Limited.

Report Coverages:

Report Features	Details
Base Year of the Analysis	2020
Historical Period	2015-2020
Forecast Period	2021-2026
Units	US$ Million
Segment Coverage	Component, Function, Vertical, Region
Region Covered	North India, West and Central India, South India, East India
Companies Covered	ABB India Ltd. (ABB Ltd.), Beumer India Pvt Ltd. (Beumer Group), Daifuku Co. Ltd, Falcon Autotech Private Limited, Future Supply Chain Solutions Ltd, Hinditron Group of Companies, Inspirage, Mahindra Logistics Ltd., Muratec Machinery Ltd., SSI Schaefer AG. (Fritz Schäfer GmbH) and TCI Express Limited.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 2999 Corporate License: US$ 3499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India logistics automation market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the India logistics automation market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the function?
What is the breakup of the market based on the vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the India logistics automation market and who are the key players?
What is the degree of competition in the industry?