Logistics Automation Market Report by Component (Hardware, Software, Services), Function (Warehouse and Storage Management, Transportation Management), Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises), Industry Vertical (Manufacturing, Healthcare and Pharmaceuticals, Fast-Moving Consumer Goods (FMCG), Retail and E-Commerce, 3PL, Aerospace and Defense, Oil, Gas and Energy, Chemicals, and Others), and Region 2024-2032

Logistics Automation Market Report by Component (Hardware, Software, Services), Function (Warehouse and Storage Management, Transportation Management), Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises), Industry Vertical (Manufacturing, Healthcare and Pharmaceuticals, Fast-Moving Consumer Goods (FMCG), Retail and E-Commerce, 3PL, Aerospace and Defense, Oil, Gas and Energy, Chemicals, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4974
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Market Overview:

The global logistics automation market size reached US$ 73.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 204.5 Billion by 2032, exhibiting a growth rate (CAGR) of 11.7% during 2024-2032.

Report Attribute                                                            
 Key Statistics                   
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 73.5 Billion
Market Forecast in 2032 US$ 204.5 Billion
Market Growth Rate 2024-2032 11.7%


Logistics automation relies on the utilization of computer software or automated machinery to improve the efficiency of logistics operations. It assists in minimizing manual data entry errors and improving customer services by using features like auto pick-up, real-time freight tracking, proper insurance, and automatic notifications. It also aids in reducing the workforce required for processing tasks like sorting, weighting, barcoding, counting, picking, and packing. Moreover, as it is scalable, speedy, and accurate, its demand is rising across the globe.

Global Logistics Automation Market

Logistics Automation Market Trends:

Presently, e-commerce platforms worldwide are gaining immense popularity on account of the increasing sales of smartphones and the rising penetration of high-speed internet connections. This represents one of the key factors driving the market. Apart from this, there is a significant rise in the number of warehouses and a consequent increase in investments for warehouse automation. This can be accredited to the surging need for efficient warehousing and inventory management and reducing the cost of labor, which is contributing to market growth. Furthermore, leading market players are introducing warehouse robots to eliminate the need for manual involvement in a variety of activities, such as warehousing and material handling, by automating laborious and dangerous tasks and ensuring the safety of the workforce. They are also automating logistics with advanced technologies, such as global positioning systems (GPS), artificial intelligence (AI), biometrics, and real-time tracking for streamlining businesses. Other major factors, including the development of autonomous heavy-duty freight vehicles and flying drones for performing numerous intralogistics processes within the warehouse and storage facilities and their expanding applications in retail, automotive, and food and beverage (F&B) industries, are anticipated to strengthen the market growth.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global logistics automation market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, function, enterprise size and industry vertical.

Breakup by Component:

  • Hardware
    • Mobile Robots (AGV, AMR)
    • Automated Storage and Retrieval Systems (AS/RS)
    • Automated Sorting Systems
    • De-palletizing/Palletizing Systems
    • Conveyor Systems
    • Automatic Identification and Data Collection (AIDC)
    • Order Picking
  • Software
    • Warehouse Management Systems (WMS)
    • Warehouse Execution Systems (WES)
  • Services
    • Value Added Services
    • Maintenance
       

Breakup by Function:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Warehouse and Storage Management
  • Transportation Management
     

Breakup by Enterprise Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises
     

Breakup by Industry Vertical:

  • Manufacturing
  • Healthcare and Pharmaceuticals
  • Fast-Moving Consumer Goods (FMCG)
  • Retail and E-Commerce
  • 3PL
  • Aerospace and Defense
  • Oil, Gas and Energy
  • Chemicals
  • Others
     

Breakup by Region:

 

 
 

 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Beumer Group GmbH & Co. KG, Daifuku Co. Ltd., Dematic (Kion Group AG), Honeywell International Inc., Jungheinrich AG, Kardex Group, Knapp AG, Mecalux S.A., Murata Machinery Ltd., Oracle Corporation, SAP SE and Swisslog Holding AG (KUKA AG).

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Component, Function, Enterprise Size, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., Beumer Group GmbH & Co. KG, Daifuku Co. Ltd., Dematic (Kion Group AG), Honeywell International Inc., Jungheinrich AG, Kardex Group, Knapp AG, Mecalux S.A., Murata Machinery Ltd., Oracle Corporation, SAP SE and Swisslog Holding AG (KUKA AG)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
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

The global logistics automation market was valued at US$ 73.5 Billion in 2023.

We expect the global logistics automation market to exhibit a CAGR of 11.7% during 2024-2032.

The growing popularity of logistics automation software for improving the efficiency of logistics operations, such as minimizing manual data entry errors and automating freight tracking and documentation, is primarily driving the global logistics automation market.

The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of logistics automation software in the e-commerce industry, for providing same-day delivery of essential items, particularly during the lockdown regulations across several nations.

Based on the component, the global logistics automation market has been divided into hardware, software, and services. Among these, hardware exhibits a clear dominance in the market.

Based on the function, the global logistics automation market can be categorized into warehouse and storage management and transportation management, where transportation management holds the majority of the total market share.

Based on the enterprise size, the global logistics automation market has been segmented into small and medium-sized enterprises and large enterprises. Currently, large enterprises represent the largest market share.

Based on the industry vertical, the global logistics automation market can be bifurcated into manufacturing, healthcare and pharmaceuticals, Fast-Moving Consumer Goods (FMCG), retail and e-commerce, 3PL, aerospace and defense, oil, gas and energy, chemicals, and others. Among these, the manufacturing industry currently accounts for the majority of the global market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global logistics automation market include ABB Ltd., Beumer Group GmbH & Co. KG, Daifuku Co. Ltd., Dematic (Kion Group AG), Honeywell International Inc., Jungheinrich AG, Kardex Group, Knapp AG, Mecalux S.A., Murata Machinery Ltd., Oracle Corporation, SAP SE, and Swisslog Holding AG (KUKA AG).

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Logistics Automation Market Report by Component (Hardware, Software, Services), Function (Warehouse and Storage Management, Transportation Management), Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises), Industry Vertical (Manufacturing, Healthcare and Pharmaceuticals, Fast-Moving Consumer Goods (FMCG), Retail and E-Commerce, 3PL, Aerospace and Defense, Oil, Gas and Energy, Chemicals, and Others), and Region 2024-2032
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