PUNE, India, July 10, 2023 /PRNewswire/ — According to a market study published by Dataintelo, titled, “Global Logistics Automation Market by Type (Warehouse Management, Transportation Management), By Application (Retail, E-commerce, Manufacturing, Others), and Region: Size, Share, Trends and Opportunity Analysis, 2022-2030,” the market is anticipated to grow at a CAGR of 9.5% during 2022 to 2030.
Key Players Covered in the Report
- Honeywell Intelligrated
- Murata Machinery
- Knapp AG
- Jungheinrich AG
- SSI Schaefer
- Mecalux
- Vitronic
- Beumer Group
- Daifuku
- Swisslog
- Dematic Corp.
- TGW Logistics Group GmbH
- Toshiba Infrastructure Systems & Solutions Corporation
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The report covers data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments, industry players, and crucial strategies that helps market players to expand their business.
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Key Takeaways:
- Logistic automation encompasses a range of activities, including material handling, warehouse management, and transportation management that used to optimize logistic supply chain and operations.
- Growing need for just-in-time delivery and rising demand for automated solutions in transportation and warehouse management systems are expected to boost the market in the coming years.
- The warehouse management segment is anticipated grow at the fastest CAGR, due to the growing requirement for streamlined warehouse management.
- The retail segment is projected to hold a major market share, owing to the rising trend of shopping across supermarkets & hypermarkets.
- The e-commerce segment is likely to grow at a significant pace, due to the rapid expansion of online stores.
- Asia Pacific is projected to dominate the global market, owing to the rapid industrialization and increasing e-commerce activities across developing countries such as India and China.
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Segments Covered
Type
- Warehouse Management
- Transportation Management
Application
- Retail
- E-commerce
- Manufacturing
- Others
Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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SOURCE Dataintelo
