Logistics Automation Market 2020 to 2024 Analysis with Industry Size & Share and Growth Forecast by Competitors, Types and Applications - Supply Chain Council of European Union

The “Logistics Automation Market” trend analysis report presents an in-depth analysis regarding the development, current trends, industry policies, and regulations implemented in each of the geographical regions. Logistics Automation Market Report (2020-2024) Provides key statistics on market overview, major key-players of industry, the scope of the report, key trends in the market as well as regional analysis. The report also provides leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue. It also provides Report provides an analytical calculation of the prime challenges faced by this Market currently and in the coming years.

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Logistics Automation Market Report Includes Major Key-Players:

Dematic Corp.

Daifuku Co. Limited

Swisslog Holding Limited

Honeywell Intelligrated

Murata Machinery Limited

Knapp AG

Jungheinrich AG

SSI Schaefer LLC

Mecalux

Beumer Group

TGW Logistics Group GmbH

Toshiba Infrastructure System and Solutions Corporation

Market Overview:

The logistics automation market was USD 49.2 billion in 2018 and is expected to be USD 96.2 billion in 2024, to register a CAGR of 12.1% during the forecast period (2019-2024). The emergence of Industrial Internet of Things (IIoT) and the advent of a network of connected systems are helping industries perform multitude tasks, such as material batching, picking, ordering, packaging, warehouse security and inspection, and helping improve the operational efficiency by huge margins is driving the market.

– The growth in e-commerce industry worldwide and growing need for efficient warehousing and inventory management is driving the market. According to a report by Salesforce, more than 500 million consumers across the world shopped using e-commerce in the first quarter of 2018. Of the overall orders through e-commerce, mobile shopping accounted for 43% of orders and made 23% of the revenue from e-commerce

– The awareness of industries to increase the efficiency of the warehouse and reduce the capital spent on labor is resulting in the increased adoption of warehouse automation in a global supply chain scenario. According to the US Census Bureau, an average warehouse worker wastes nearly seven weeks per year in unnecessary motion, which accounts more than USD 4.3 billion in labor alone in the domestic market.

– The use of IoT and technologies allows warehouses for real-time data transfer, flexible communication, and big data analytics. These with the cloud-based solution enables automated, sophisticated, agent-based control.

– However, the high initial costs and lack of skilled personnel to handle the technology may hinder the growth of the market.

Scope of the Report:

Logistics automation is the application of computer software and/or automated machinery to improve the efficiency of logistics operations. Typically this refers to operations within a warehouse or distribution center, with broader tasks undertaken by supply chain management systems and enterprise resource planning systems.

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Reasons to Purchase this Report:

Current and future of Global Logistics Automation Market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Report customization as per the client’s requirements
Regions that are expected to witness the fastest growth during the forecast period
Identifying the latest developments, market shares and strategies employed by the major market players

Logistics Automation Market Forecast (2020-2024):

Market Size Forecast: By Applications/End Users, Global Overall Size, By Type/Product Category, By Geographical Area.
Key Data (Revenue): Market Size, Market Share, Business Growth, Product Sales Price.

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Some Major Points Covered from TOC:

Chapter 1: Logistics Automation Market Definition

Chapter 2: Research Methodology of Logistics Automation Market

Chapter 3: Logistics Automation Market Executive Summary

Chapter 4: Logistics Automation Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services

Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges

Chapter 6: Logistics Automation Market Segmentation by Types, End-User, and Applications Forecast to 2024

Chapter 7: Logistics Automation Market Segmentation by Geographical Regions

Chapter 8: Competitive Landscape of Logistics Automation Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches

Chapter 9: Key Players for Logistics Automation Market

For Detailed TOC Click Here

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