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Global Logistics Automation Market (2018-2023) Share, Scope, Revenue, Trends, Drivers, Challenges, Segmentation based on Component (Hardware, Software, Services) End Use Industry (E-commerce and retail, Automotive, Aerospace, Food and beverage, others) an

Global Logistics Automation Market (2018-2023) Share, Scope, Revenue, Trends, Drivers, Challenges, Segmentation based on Component (Hardware, Software, Services) End Use Industry (E-commerce and retail, Automotive, Aerospace, Food and beverage, others) an

Publish Date: October 2019 | Total Pages : 84 Pages | Publisher : Netscribes | Product ID : RRK/Netscribes/142273

The global logistics automation market is expected to expand at a compound annual growth rate (CAGR) of 12.6% and will be worth USD 100.1 Bn by 2023.

In recent years, logistics automation has emerged as a necessity for companies. Changes in customers’ preferences are resulting in the expansion of product categories, which makes handling them difficult, given the constraints of existing supply chain practices. Customers’ expectations have also increased, with concepts like ‘last-mile delivery’ and ‘delivery on-demand’ becoming common. To improve operational efficiency and remain competitive, companies are opting for logistics automation.

Segmentation based on the component:

The hardware segment is expected to hold a market share of more than 50% during the forecast period and will grow at a CAGR of 10.7%. Even though most companies prefer hardware products like automated conveyor systems, lift trucks, automated racks, and robotic picking for implementing logistics automation, the need for capital investments is a major deterrent. As a result, some of them opt for software solutions instead, since they are easy to integrate and are cost-effective. This segment is expected to expand at a significant CAGR of 16.0%, the highest under this categorization. Moreover, as companies try to reduce their capital investments, tasks are likely to be handed over to third-party logistics automation service providers.

End-use industry segment insights:
The exponential expansion of the e-commerce industry, expectations regarding swifter deliveries, and intense competition among market players are some of the major factors contributing to the growth of the logistics automation market. Thus, the e-commerce and retail segment is expected to be the highest growing end-use industry in terms of logistics automation, expanding at a CAGR of 16.9% during the analysis period. By 2023, this segment is expected to hold a market share of more than 40%.

The online product delivery ecosystem and the growing preference for air transport are expected to result in a significant increase in the volume of air cargo in the coming years. To cope up, airports around the world are adopting logistics automation to increase their capacities (despite the limited availability of land), and to ensure error-free and safe handling of large volumes of freight.

Logistics automation also finds extensive applications in the food and beverage industry. The technology is well-suited for accurate product measurements, flawless packaging, and for performing tedious, repetitive tasks in tough environments like freezer warehouses.

Regional insights:
Europe and North America are mature markets, which dominated the global logistics automation sector with market shares of 33.6% and 29.2% respectively, in 2018. Most of the key players in the market are based in Europe. The logistics sector contributes significantly to the gross domestic product (GDP) of countries in Europe, make it a viable avenue for investments in automation. The logistics automation market in the Asia-Pacific and the Middle East and Africa regions are expected to exhibit higher growth in comparison to the other regions, owing to increasing investments in this sector and the presence of some significant players.

Companies covered:
- ABB
- Toyota Industrial Equipment
- KION
- Jungheinrich
- KUKA
- Daifuku
- Murata Machinery
- Beumer Group
- KNAPP
- System Logistics

Chapter 1. Executive Summary
1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3. Executive summary

Chapter 2. Introduction
2.1. Market definition
2.2. Market overview
- Global market revenue (USD Bn)
- Forecasted global market revenue (USD Bn)
- Geography-wise market revenue (USD Bn)
2.3. Market trends
2.4. Market drivers
2.5. Market challenges
2.6. Value chain analysis

Chapter 3. Global Logistics Automation Market – Based on Component
3.1. Hardware – forecasted (2018-2023) market size (USD Bn), and key observations
3.2. Software – forecasted (2018-2023) market size (USD Bn), and key observations
3.3. Services – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 4. Global Logistics Automation Market – Based on End Use Industry
4.1. E-commerce and retail – forecasted (2018-2023) market size (USD Bn), and key observations
4.2. Automotive – forecasted (2018-2023) market size (USD Bn), and key observations
4.3. Aerospace – forecasted (2018-2023) market size (USD Bn), and key observations
4.4. Food and beverage – forecasted (2018-2023) market size (USD Bn), and key observations
4.5. Others – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 5. North America Logistics Automation Market
5.1. Overview
- Revenue (USD Bn)
- Forecasted market revenue (USD Bn)
5.2. Trends
5.3. Drivers and challenges
5.4. North America logistics automation market based on component (hardware, software, and services) – forecasted (2018-2023) market size (USD Bn), and key observations
5.5. North America logistics automation market based on end use industry (e-commerce and retail, automotive, aerospace, food and beverage, and others) – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 6. Europe Logistics Automation Market
6.1. Overview
- Revenue (USD Bn)
- Forecasted market revenue (USD Bn)
6.2. Trends
6.3. Drivers and challenges
6.4. Europe logistics automation market based on component (hardware, software, and services) – forecasted (2018-2023) market size (USD Bn), and key observations
6.5. Europe logistics automation market based on end use industry (e-commerce and retail, automotive, aerospace, food and beverage, and others) – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 7. Asia-Pacific Logistics Automation Market
7.1. Overview
- Revenue (USD Bn)
- Forecasted market revenue (USD Bn)
7.2. Trends
7.3. Drivers and challenges
7.4. Asia-Pacific logistics automation market based on component (hardware, software, and services) – forecasted (2018-2023) market size (USD Bn), and key observations
7.5. Asia-Pacific logistics automation market based on end use industry (e-commerce and retail, automotive, aerospace, food and beverage, and others) – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 8. Latin America Logistics Automation Market
8.1. Overview
- Revenue (USD Bn)
- Forecasted market revenue (USD Bn)
8.2. Trends
8.3. Drivers and challenges
8.4. Latin America logistics automation market based on component (hardware, software, and services) – forecasted (2018-2023) market size (USD Bn), and key observations
8.5. Latin America logistics automation market based on end use industry (e-commerce and retail, automotive, aerospace, food and beverage, and others) – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 9. The Middle East and Africa Logistics Automation Market
9.1. Overview
- Revenue (USD Bn)
- Forecasted market revenue (USD Bn)
9.2. Trends
9.3. Drivers and challenges
9.3. The Middle East and Africa logistics automation market based on component (hardware, software, and services) – forecasted (2018-2023) market size (USD Bn), and key observations
9.4. The Middle East and Africa logistics automation market based on end use industry (e-commerce and retail, automotive, aerospace, food and beverage, and others) – forecasted (2018-2023) market size (USD Bn), and key observations

Chapter 10. Competitive Landscape
10.1. ABB
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.2. Toyota Industrial Equipment
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.3. KION
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.4. Jungheinrich
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.5. KUKA
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.6. Daifuku
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.7. Murata Machinery
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.8. Beumer Group
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.9. KNAPP
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.10. System Logistics
- a. Company snapshot
- b. Product offerings
- c. Strategic initiatives
- d. Countries present
- e. Key people and numbers
10.11. Porter’s five forces analysis

Chapter 11. Conclusion
11.1. PESTEL analysis
11.2. Impact assessment
11.3. Future outlook

Chapter 12. Appendix
12.1 List of tables
12.2. Assumptions
12.3. Research methodology
12.4. About Research On Global Markets

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Global Logistics Automation Market (2018-2023) Share, Scope, Revenue, Trends, Drivers, Challenges, Segmentation based on Component (Hardware, Software, Services) End Use Industry (E-commerce and retail, Automotive, Aerospace, Food and beverage, others) an

The report, titled "Global Logistics Automation Market (2018-2023) Share, Scope, Revenue, Trends, Drivers, Challenges, Segmentation based on Component (Hardware, Software, Services) End Use Industry (E-commerce and retail, Automotive, Aerospace, Food and beverage, others) an" gives a thorough account of the present state of the Logistics Automation Market Market and the industry concerning it. The report presents an expansive account of the crucial elements of the market, the macro and micro factors that are essential for companies to gain competitive advantage in the market, the key factors that will have the most significant influence on the growth trajectory of the market, and several other aspects of the Logistics Automation Market Market from a regional as well as a global perspective.

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Logistics Automation Market : Overview

The global logistics automation market is expected to expand at a compound annual growth rate (CAGR) of 12.6% and will be worth USD 100.1 Bn by 2023.

In recent years, logistics automation has emerged as a necessity for companies. Changes in customers’ preferences are resulting in the expansion of product categories, which makes handling them difficult, given the constraints of existing supply chain practices. Customers’ expectations have also increased, with concepts like ‘last-mile delivery’ and ‘delivery on-demand’ becoming common. To improve operational efficiency and remain competitive, companies are opting for logistics automation.

Segmentation based on the component:

The hardware segment is expected to hold a market share of more than 50% during the forecast period and will grow at a CAGR of 10.7%. Even though most companies prefer hardware products like automated conveyor systems, lift trucks, automated racks, and robotic picking for implementing logistics automation, the need for capital investments is a major deterrent. As a result, some of them opt for software solutions instead, since they are easy to integrate and are cost-effective. This segment is expected to expand at a significant CAGR of 16.0%, the highest under this categorization. Moreover, as companies try to reduce their capital investments, tasks are likely to be handed over to third-party logistics automation service providers.

End-use industry segment insights:
The exponential expansion of the e-commerce industry, expectations regarding swifter deliveries, and intense competition among market players are some of the major factors contributing to the growth of the logistics automation market. Thus, the e-commerce and retail segment is expected to be the highest growing end-use industry in terms of logistics automation, expanding at a CAGR of 16.9% during the analysis period. By 2023, this segment is expected to hold a market share of more than 40%.

The online product delivery ecosystem and the growing preference for air transport are expected to result in a significant increase in the volume of air cargo in the coming years. To cope up, airports around the world are adopting logistics automation to increase their capacities (despite the limited availability of land), and to ensure error-free and safe handling of large volumes of freight.

Logistics automation also finds extensive applications in the food and beverage industry. The technology is well-suited for accurate product measurements, flawless packaging, and for performing tedious, repetitive tasks in tough environments like freezer warehouses.

Regional insights:
Europe and North America are mature markets, which dominated the global logistics automation sector with market shares of 33.6% and 29.2% respectively, in 2018. Most of the key players in the market are based in Europe. The logistics sector contributes significantly to the gross domestic product (GDP) of countries in Europe, make it a viable avenue for investments in automation. The logistics automation market in the Asia-Pacific and the Middle East and Africa regions are expected to exhibit higher growth in comparison to the other regions, owing to increasing investments in this sector and the presence of some significant players.

Companies covered:
- ABB
- Toyota Industrial Equipment
- KION
- Jungheinrich
- KUKA
- Daifuku
- Murata Machinery
- Beumer Group
- KNAPP
- System Logistics

List Of Companies:

ABB
Toyota Industrial Equipment
KION
Jungheinrich
KUKA
Daifuku
Murata Machinery
Beumer Group
KNAPP
System Logistics

Table Of Content:

Chapter 1. Executive Summary
1.1. Market scope and segmentation
1.2. Key questions ans...

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Tags/Keyplayers: Global Logistics Automation Market, Global Logistics Automation Market Analysis, Global Logistics Automation Market Growth, Global Logistics Automation Market Size

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