Global Logistics Automation Market to Reach $65.14 Billion by 2031, Driven by E-commerce Growth and Advancements in Robotics
Global Logistics Automation Market to Reach $65.14 Billion by 2031, Driven by E-commerce Growth and Advancements in Robotics
Logistics Automation Market by Offering (Hardware, Software, Services), Type (Inbound, Outbound), Automation Mode, Application (Inventory Management, Others), End User (Retail & E-commerce, Automotive, Others) & Geography - Global Forecast to 2031

Global Logistics Automation Market to Reach $65.14 Billion by 2031, Driven by E-commerce Growth and Advancements in Robotics

 Meticulous Research® has unveiled its latest market research report titled "Logistics Automation Market by Offering (Hardware, Software, Services), Type (Inbound, Outbound), Automation Mode, Application (Inventory Management, Others), End User (Retail & E-commerce, Automotive, Others) & Geography – Global Forecast to 2031." The report reveals significant growth projections for the logistics automation sector, forecasting a market value of $65.14 billion by 2031, expanding at a compound annual growth rate (CAGR) of 10% from 2024 to 2031.

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Key Market Drivers and Challenges

The surge in e-commerce activity and the accelerated adoption of robotics in logistics are primary factors propelling the market's growth. As businesses increasingly prioritize the optimization of supply chains to meet growing consumer demands, logistics automation is emerging as a critical enabler for enhancing efficiency and operational accuracy. The adoption of automation solutions is reshaping how companies handle everything from inventory management to order fulfillment.

However, significant hurdles remain, particularly the high capital investment required for large-scale automation projects. Additionally, the lack of standardization across the logistics sector continues to pose challenges. Despite these obstacles, the industry is poised for continued expansion due to the ongoing digital transformation of logistics processes, advancements in sensor technology, and the growing trend toward outsourcing logistics services.

Emerging Opportunities and Industry Trends

Opportunities for market stakeholders are set to grow as the logistics sector increasingly focuses on last-mile delivery improvements and integrates artificial intelligence (AI) into supply chain management. Companies are seeking solutions that optimize route planning, resource allocation, and predictive maintenance to meet heightened consumer expectations for fast and accurate deliveries.

A key trend driving further market expansion is the rising use of AI and machine learning to manage complex logistics operations, enabling businesses to enhance real-time decision-making. Additionally, digital solutions that offer enhanced transparency and predictive analytics are becoming increasingly critical as logistics operations become more data-driven.

Segment Analysis: Hardware Dominates, Software Leads in Growth Potential

  • By Offering: The logistics automation market is segmented into hardware, software, and services. In 2024, the hardware segment is expected to dominate, largely driven by investments in warehouse robotics and automated storage systems to meet the growing demand for operational efficiency. The increasing use of advanced robotics across supply chains is revolutionizing warehousing processes by optimizing material handling, inventory management, and packaging operations. Companies like Prozo Distribution Private Limited are leading the charge, implementing Automated Storage & Retrieval Systems (ASRS) to streamline warehouse operations.

However, the software segment is projected to exhibit the highest CAGR over the forecast period. The integration of AI, machine learning, and other advanced technologies into logistics software is enabling businesses to gain end-to-end visibility across the supply chain. For instance, Amazon Web Services’ launch of AWS Supply Chain demonstrates the growing focus on tools that enhance decision-making and operational agility.

  • By Type: The market is further categorized into inbound and outbound logistics. Inbound logistics will hold the largest market share in 2024, thanks to the adoption of comprehensive solutions that optimize supplier relationships and streamline goods flow into businesses. However, outbound logistics, driven by increasing demand for automated order fulfillment and shipping processes, is forecast to grow at the fastest rate through 2031.
  • By Automation Mode: Semi-automatic systems will continue to lead in market share, as businesses adopt hybrid systems to transition from manual processes. These systems are proving to be cost-effective and flexible, offering significant productivity gains. Fully automatic systems, however, are projected to grow at the highest rate as businesses seek to completely automate their logistics processes for greater precision and speed.

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Application and End-User Insights: Inventory Management and E-commerce Lead the Way

  • By Application: The inventory management segment is expected to dominate, as the need for precise stock level optimization and seamless inventory tracking grows across industries. Retailers and e-commerce companies are increasingly adopting ASRS systems to improve inventory accuracy and minimize handling times, contributing to the segment's strong growth prospects. Notably, Swisslog Holding AG's solutions are being implemented by major retailers like Walmart to ensure streamlined material flows in warehouse environments.
  • By End User: Retail and e-commerce will continue to represent the largest share of the logistics automation market, driven by changing consumer behavior and the rise of omni-channel strategies. The sector's focus on deploying automation in fulfillment centers to enhance operational productivity is anticipated to accelerate market growth. Companies like Dematic are spearheading automation projects for leading retailers, deploying cutting-edge warehouse technology to manage high-volume operations efficiently.

The automotive segment is forecast to experience the highest CAGR, fueled by growing demand for digitalization and automated intralogistics solutions. As electric vehicles gain prominence, automotive manufacturers are increasingly turning to logistics automation to optimize their supply chains and track parts with greater accuracy.

Geographical Outlook: Asia-Pacific Leads in Adoption, North America and Europe Follow

  • By Geography: Asia-Pacific is expected to hold the largest market share in 2024, driven by rapid urbanization, growing industrialization, and increasing consumer expectations for faster deliveries. Companies in the region are investing heavily in automated warehousing solutions to optimize space utilization and cut operational costs. For example, Neoperl Group has implemented Swisslog's AutoStore solution in China, significantly enhancing the company’s storage density and flexibility.

The region is also projected to record the highest CAGR over the forecast period, reflecting strong demand for automation in logistics as businesses strive to improve delivery times and overall supply chain efficiency.

Key Market Players

The logistics automation market features prominent players such as Dematic (U.S.), Daifuku Co., Ltd. (Japan), Honeywell International Inc. (U.S.), Vanderlande Industries B.V. (Netherlands), and KNAPP AG (Austria). Other leading companies include SSI SCHAEFER Group (Germany), BEUMER Group GmbH & Co. KG (Germany), Konecranes Plc (Finland), FORTNA Inc. (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), and Swisslog Holding AG (Switzerland).

These companies are driving innovation in logistics automation through product development, strategic partnerships, and investments in digital transformation, ensuring continued growth in this dynamic sector.

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