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Logistics Automation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global logistics automation market size reached US$ 58.65 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 121.27 Billion, exhibiting a growth rate (CAGR) of 13.35% during 2022-2027. 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. These insights are included in the report as a major market contributor.

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.

 

 
 

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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.

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 2022-2027. 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:

 

 
 

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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 2021
Historical Period 2016-2021
Forecast Period 2022-2027
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$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Logistics Automation Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Hardware
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 Mobile Robots (AGV, AMR)
           6.1.2.2 Automated Storage and Retrieval Systems (AS/RS)
           6.1.2.3 Automated Sorting Systems
           6.1.2.4 De-palletizing/Palletizing Systems
           6.1.2.5 Conveyor Systems
           6.1.2.6 Automatic Identification and Data Collection (AIDC)
           6.1.2.7 Order Picking
        6.1.3 Market Forecast
    6.2    Software
        6.2.1 Market Trends
        6.2.2 Key Segments
           6.2.2.1 Warehouse Management Systems (WMS)
           6.2.2.2 Warehouse Execution Systems (WES)
        6.2.3 Market Forecast
    6.3    Services
        6.3.1 Market Trends
        6.3.2 Key Segments
           6.3.2.1 Value Added Services
           6.3.2.2 Maintenance
        6.3.3 Market Forecast
7    Market Breakup by Function
    7.1    Warehouse and Storage Management
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Transportation Management
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Enterprise Size
    8.1    Small and Medium-sized Enterprises
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Large Enterprises
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Industry Vertical
    9.1    Manufacturing
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Healthcare and Pharmaceuticals
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Fast-Moving Consumer Goods (FMCG)
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Retail and E-Commerce
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    3PL
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Aerospace and Defense
        9.6.1 Market Trends
        9.6.2 Market Forecast
    9.7    Oil, Gas and Energy
        9.7.1 Market Trends
        9.7.2 Market Forecast
    9.8    Chemicals
        9.8.1 Market Trends
        9.8.2 Market Forecast
    9.9    Others
        9.9.1 Market Trends
        9.9.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    ABB Ltd.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    Beumer Group GmbH & Co. KG
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Daifuku Co. Ltd.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
        15.3.4    Dematic (Kion Group AG)
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    Honeywell International Inc.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Jungheinrich AG
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Kardex Group
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
        15.3.8    Knapp AG
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Mecalux S.A.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Murata Machinery Ltd.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    Oracle Corporation
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    SAP SE
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
           15.3.12.4 SWOT Analysis
        15.3.13    Swisslog Holding AG (KUKA AG)
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio

List of Figures

Figure 1: Global: Logistics Automation Market: Major Drivers and Challenges
Figure 2: Global: Logistics Automation Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Logistics Automation Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Logistics Automation Market: Breakup by Component (in %), 2021
Figure 5: Global: Logistics Automation Market: Breakup by Function (in %), 2021
Figure 6: Global: Logistics Automation Market: Breakup by Enterprise Size (in %), 2021
Figure 7: Global: Logistics Automation Market: Breakup by Industry Vertical (in %), 2021
Figure 8: Global: Logistics Automation Market: Breakup by Region (in %), 2021
Figure 9: Global: Logistics Automation (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Logistics Automation (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Logistics Automation (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Logistics Automation (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Logistics Automation (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Logistics Automation (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Logistics Automation (Warehouse and Storage Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Logistics Automation (Warehouse and Storage Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Logistics Automation (Transportation Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Logistics Automation (Transportation Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Logistics Automation (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Logistics Automation (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Logistics Automation (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Logistics Automation (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Logistics Automation (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Logistics Automation (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Logistics Automation (Healthcare and Pharmaceuticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Logistics Automation (Healthcare and Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Logistics Automation (Fast-Moving Consumer Goods-FMCG) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Logistics Automation (Fast-Moving Consumer Goods-FMCG) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Logistics Automation (Retail and E-Commerce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Logistics Automation (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Logistics Automation (3PL) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Logistics Automation (3PL) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Logistics Automation (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Logistics Automation (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Logistics Automation (Oil, Gas and Energy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Logistics Automation (Oil, Gas and Energy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Logistics Automation (Chemicals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Logistics Automation (Chemicals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Logistics Automation (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Logistics Automation (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: North America: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: North America: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: United States: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: United States: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Canada: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Canada: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Asia-Pacific: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Asia-Pacific: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: China: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: China: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Japan: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Japan: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: India: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: India: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: South Korea: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: South Korea: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Australia: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Australia: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Indonesia: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Indonesia: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Others: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Others: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Europe: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Europe: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Germany: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Germany: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: France: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: France: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: United Kingdom: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: United Kingdom: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Italy: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Italy: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Spain: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Spain: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Russia: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Russia: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Latin America: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Latin America: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Brazil: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Brazil: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Mexico: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Mexico: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Others: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Others: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Middle East and Africa: Logistics Automation Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Middle East and Africa: Logistics Automation Market: Breakup by Country (in %), 2021
Figure 89: Middle East and Africa: Logistics Automation Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Global: Logistics Automation Industry: SWOT Analysis
Figure 91: Global: Logistics Automation Industry: Value Chain Analysis
Figure 92: Global: Logistics Automation Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Logistics Automation Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Logistics Automation Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Logistics Automation Market Forecast: Breakup by Function (in Million US$), 2022-2027
Table 4: Global: Logistics Automation Market Forecast: Breakup by Enterprise Size (in Million US$), 2022-2027
Table 5: Global: Logistics Automation Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 6: Global: Logistics Automation Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Logistics Automation Market: Competitive Structure
Table 8: Global: Logistics Automation Market: Key Players


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Key Questions Answered in This Report

The global logistics automation market was valued at US$ 58.65 Billion in 2021.

We expect the global logistics automation market to exhibit a CAGR of 13.35% during 2022-2027.

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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