Kings Research has published a detailed analysis of the “Logistics Automation Market”. KR's in-depth market assessments in research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, focuses on the analysis of high-tech systems and advanced production systems. Logistics Automation Market report includes key business insights, demand analysis, pricing analysis, and competitive landscapes.
In an era dominated by e-commerce expansion, digital transformation, and the increasing need for operational efficiency, logistics automation has emerged as a pivotal market segment. The industry is witnessing a surge in demand for automated storage and retrieval systems (AS/RS), robotic process automation (RPA), and AI-driven logistics solutions.
Market Definition
The market is focused on using advanced technologies to automate logistics operations which include the planning, execution, and management of the flow of goods, services, and information across the supply chain.
Logistics Automation Market Overview:
Global logistics automation market size was valued at USD 34.54 billion in 2023, which is estimated to be valued at USD 38.74 billion in 2024 and reach USD 97.16 billion by 2031, growing at a CAGR of 14.04% from 2024 to 2031.
Stay Ahead with Exclusive Insights @ https://www.kingsresearch.com/logistics-automation-market-1914
List of Key Companies in Logistics Automation Market:
KION GROUP AG
Honeywell International Inc.
Daifuku Co., Ltd.
IBM
SAP SE
Oracle
ABB
SAMSUNG
Manhattan Associates
KUKA AG
TOSHIBA CORPORATION
Zebra Technologies Corp.
Kardex
Symbotic Inc.
KNAPP AG
Recent Developments (M&A/Partnerships)
In October 2024, DHL Supply Chain expanded its partnership with Oracle to enhance its global operations through Oracle Fusion Cloud ERP. This collaboration allows DHL to streamline financial processes, improve efficiency, and accelerate decision-making across 40+ countries, ensuring resilience and agility in their supply chain.
Regional Market Dynamics:
North America:
North America leads the logistics automation market due to technological innovations and the presence of key industry players. The U.S. has seen significant adoption of AI-based warehouse management systems, autonomous vehicles, and drone deliveries.
Europe:
Europe follows closely, with increased investments in sustainable logistics automation. The region's focus on green supply chain initiatives and regulatory frameworks is shaping market developments.
Asia-Pacific:
Asia-Pacific is witnessing exponential growth, particularly in emerging economies such as China and India. The rapid expansion of e-commerce, manufacturing industries, and government-backed digital transformation projects contribute to the region’s prominence.
Future Trends and Innovations:
Autonomous Freight Transport: Self-driving trucks and drone delivery systems are poised to revolutionize last-mile logistics operations.
Blockchain in Supply Chain Management: Blockchain solutions will enhance transparency, security, and efficiency in logistics operations.
AI-Driven Predictive Analytics: Leveraging AI for demand forecasting, inventory optimization, and route planning will minimize inefficiencies.
Conclusion: A Transformative Era in Logistics
The logistics automation market is on a trajectory of continuous evolution, reshaping global supply chains with cutting-edge technologies. Companies investing in automation will gain a competitive advantage in speed, efficiency, and cost-effectiveness. As the market embraces AI, robotics, and IoT-powered solutions, the future of logistics promises seamless, data-driven operations.
Contact us:
Kings Research
Website: https://www.kingsresearch.com
E-mail: business@kingsresearch.com
Phone: (+1) 888 328 2189
About us
At the core of our mission, we strive to drive revenue impact for our clients through exceptional research strategies. With a focus on exclusivity, innovation, and real-time insights, we provide accurate, reliable, and actionable market research data. This empowers our clients to seize opportunities, navigate risks, optimize their strategies effectively, and build the businesses of tomorrow.
