Global Logistics Automation Market Research Report forecast year 2024

Global Logistics Automation Market is analyzed to provide readers detailed information on the market to assist in making strategic business decisions and maximizing return on investments.

The research report is formulated with an aim to help established companies and new entrants to identify and analyze market trends and competition.

The report covers the supply and demand ratio, competitive landscape, and the challenges and opportunities of the market.

It covers recent product launches and technological advancements in the industry.The report is updated with the latest changing dynamics of the market owing to the COVID-19 pandemic.

It contains a wide-ranging analysis of the impact of the pandemic on market growth and market trends.

The research report provides an analysis of key segments of the market in a detailed manner, along with the impact of the COVID-19 crisis.

According to research report "Logistics Automation Market by Component (Warehouse & Storage Management, Transportation Management), Organization Size (Large Enterprises, SMEs), Vertical (Retail & E-commerce, Automotive, Manufacturing), and Region - Global Forecast to 2023", published by MarketsandMarkets, global logistics automation market estimated to be USD 46.22 Billion in 2018 and is projected to reach USD 80.64 Billion by 2023, at a CAGR of 11.8% during the forecast period.

The growth of the logistics automation market can be attributed to the exponential growth of the e-commerce industry, advancements in robotics, and the emergence of IoT.Browse 71 market data Tables and 29 Figures spread through 131 Pages and in-depth TOC on "Logistics Automation Market - Global Forecast to 2023"Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=83657139Based on component, the transportation management segment of the logistics automation market is expected to witness high growth during the forecast period.Based on component, the transportation management segment is projected to grow at a higher CAGR as compared to the warehouse & storage management segment during the forecast period.

The automotive sector uses logistics & fleet management solutions to manage, track, and monitor the movement of goods and vehicle fleet.Asia Pacific is estimated to lead the logistics automation market in 2018.The Asia Pacific region is estimated to lead the logistics automation market in 2018.

The growth of the logistics automation market in Asia Pacific is primarily driven by the increasing demand for automated material handling solutions from manufacturing industries and warehouses in Asia Pacific.

Australia, Japan, South Korea, China, and India are key countries considered for market analysis in this region.

The expansion of the transportation & logistics sector in Asia Pacific is another key factor projected to drive the growth of the logistics automation market in this region.Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=83657139Key players operating in the logistics automation market include Dematic Corporation (US), Daifuku Co., Ltd. (Japan), Murata Machinery, Ltd. (Japan), Honeywell Intelligrated, Inc. (US), KNAPP AG (Austria), Swisslog Holding AG (Switzerland), TGW Logistics Group GmbH (Austria), SSI Schaefer AG (Switzerland), Mecalux, S.A. (Spain), VITRONIC (Germany), BEUMER Group (Germany), Toshiba Logistics Corporation (Japan), Jungheinrich AG (Germany), WiseTech Global Limited (Australia), System Logistics Spa (Italy), Falcon Autotech (India), SI Systems, LLC (US), ULMA Handling Systems (Spain), Inspirage (US), FRAMOS (Germany), Matternet Inc. (US), Pcdata BV (Netherlands), Hinditron (India), and JBT Corporation (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

Logistics Automation Market -OverviewThe mushrooming of e-commerce companies in several regions is estimated to change the logistic automation market in 2020.

The software reports are formed by Market Research Future, which comprises of market alternatives for advancement.

The upgradation in the supply chain is being undertaken to reduce shipping cost, which will further propel the logistic automation market.Segmental Analysis The segmental assessment of the logistic automation market is segmented on the basis of component, organization size, application, end-user and region.

The hardware segment is further segmented into sorting and picking systems, automated guided vehicles, mobile devices, and others.

On the basis of regions, the logistic automation market has been segmented into Europe, North America, Asia-Pacific, and the rest of the regions.Detailed Regional Analysis The regional study of the logistic automation market includes regions such as Europe, North America, Asia-Pacific, and the rest of the regions.

The North American region is an early adopter of the technology, which has cemented its position at the vanguard of development in the global market.

Logistics Automation Market Overview: This analysis of the Global Logistics Automation Market aims to offer relevant and well-researched insights into the contemporary market scenario and the emergent growth dynamics.

The report on Logistics Automation Market also gives the market players and fresh contenders a holistic view of the global market landscape.

The comprehensive study will help both established and emerging players formulate lucrative business strategies and realize their short-term and long-term goals.The Global Logistics Automation Market is projected to grow at a CAGR of 12.4% from USD 46.97 billion in 2019 to USD 120.08 billion in 2027.The Logistics Automation industry has witnessed a stable growth rate in the past decade and is expected to continue on the same path in the forthcoming decades.

Therefore, it is crucial to recognize all investment opportunities, potential market threats, restraining factors, challenges, market dynamics, and technological development to intensify footholds in the Logistics Automation sector.

This report has evaluated all the above-mentioned aspects to present a detailed assessment to the reader to assist them in achieving the desired growth in their businesses.This report covers the recent COVID-19 incidence and its impact on Logistics Automation Market.

This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.To get a sample of this report, with 30 minutes free consultation, visit @ https://www.reportsanddata.com/sample-enquiry-form/1600Key Players: Murata Machinery, Vitronic, Toshiba Logistics, Wisetech Global, Swisslog Holding AG, ULMA Handling Systems, Deutsche Post DHL Group, DSV Air & Sea Inc., FedEx Corp., and United Parcel Service, Inc., among others are leading players involved on the global Logistics Automation market.Segmentations –End-Users Outlook (Revenue: USD Billion; 2017-2027)Manufacturing IndustriesRetailseCommerceOil & Gas IndustriesFood & BeveragesGovernment UtilitiesHealthcare MarketIT IndustriesOthersAutomation Type Outlook (Revenue: USD Billion; 2017-2027)Hardware CentricSoftware CentricComponents of Logistics Outlook (Revenue: USD Billion; 2017-2027)Warehouse ManagementMaterial Handling & TransportationLogistics Model Type Outlook (Revenue: USD Billion; 2017-2027)First Party Logistic ModelSecond Party Logistic ModelThird Party Logistic ModelFourth Party Logistic ModelFifth Party Logistic ModelRegional Logistics Automation Market (Regional Output, Demand & Forecast by Countries):-     North America (United States, Canada, Mexico)South America (Brazil, Argentina, Ecuador, Chile)Asia Pacific (China, Japan, India, Korea)Europe (Germany, UK, France, Italy)Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.Grab Your Report at incredible Discounts!

Global Logistics Automation Market Research Report: by Component (Hardware, Software and Services ), by Application (Warehouse Management, Transportation Management), by Organization Size (SMEs and Large Enterprises), By End-User (Retail and E-Commerce, Manufacturing, Oil, Gas, & Energy, Healthcare and Pharmaceuticals, Logistics & Transportation, Automation, Aerospace & Defense and others ), by Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027Market HighlightsThe global logistics automation market is expected to register a CAGR of 11.7% during the forecast period of 2020–2027.

There are various factors which are contributing to the growth of the logistics automation market, such as exponential growth in the e-commerce industry, advancements in robotics, and smart devices to control various processes.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/8019Key SegmentsBy component, the market has been segmented into hardware, software, and servicesBy organization size, the market has been segmented into large enterprises and SMEs.By application, the market has been segmented into warehouse management and transportation management.By end user, the market has been segmented into retail and e-commerce, manufacturing, oil & gas, healthcare and pharmaceuticals, automation, aerospace & defense, and othersBy region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.Key PlayersMRFR recognizes the key players in the global logistics automation market as Dematic Corp. (US), Daifuku Co., Ltd (Japan), Swisslog Holding AG (Switzerland), Honeywell Intelligrated (US), Murata Machinery Limited (Japan), Knapp AG (Austria), Jungheinrich AG (Germany), SSI Schaefer LLC (UAE), Mecalux, SA (Spain), VITRONIC (Germany), Beumer Group (Germany), Toshiba Infrastructure Systems & Solutions Corporation (Japan), TGW Logistics Group GmbH (Austria), WiseTech Global (Australia), System Logistics SPA (Italy), and Falcon Autotech (UK).The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio.

There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.Regional AnalysisThe global logistics automation market is projected to grow at a significant rate during the forecast period from 2020 to 2027.

The geographical analysis of logistics automation market has been conducted for North America, Europe, Asia-Pacific, and the rest of the worldAmong these, North America dominates the market due to the presence of key market players such as XPO Logistics, Americold Logistics, and Honeywell Intelligrated.Moreover, the increasing retail and e-commerce market in the region is contributing significantly to the growth of the logistics automation market.

Additionally, the advancements in the robotics and IoT devices in the region drive the market in the region.

The market in the US dominates the market in North American logistics automation market due to the increasing demand for these solutions in retail and e-commerce, manufacturing, automotive, and other industries to enhance the operation and workflow.

Logistics automation is the application of computer software and/or automated machinery to improve the efficiency of logistics operations.

It refers to operations within a warehouse or distribution center, with broader tasks undertaken by supply chain management systems and enterprise resource planning systems.

A logistics automation system compliments the facilities provided by higher level computer systems.

Changes due to economic development, enhancement of disposal income, affordability, and buying a pattern of customers has led to the growth of the logistics automation market.

The increasing affordability is, thereby, raising expectations for better services, in terms of product portfolio, delivery time, and cost, which in turn is increasing the demand for logistics automation as it can increase the efficiency of warehousing and transportation.Request to sample for this resaerch report @ http://www.arcognizance.com/enquiry-sample/233925 Global Logistics Automation market is accounted for $42.80 billion in 2017 and is expected to reach $126.53 billion by 2026 growing at a CAGR of 12.8% during the forecast period.

Some of the key factors propelling the market growth are Exponential Growth of the E-Commerce Industry, Advancements in Robotics and Emergence of IoT.Some of the key players in Logisttics Automation market include: Daifuku, Beumer Group, Dematic, Falcon Autotechl, Honeywell Intelligrated, Jungheinrich AG, Knapp AG, Mecalux, S.A., Murata Machinery, SSI Schaefer, Swisslog, System Logistics SPA, TGW Logistics Group GmbH, Toshiba Logistics, Vitronic and Wisetech GlobalBased on End User, Retail & Ecommerce segment is projected to be the growing segment.

Tesla, a leading manufacturer of electric vehicles, is undertaking measures to introduce fully autonomous heavy-duty freight vehicles.

Based on vertical, the market has been classified into retail & e-commerce, manufacturing, oil, gas & energy, pharmaceuticals & healthcare, logistics & transportation, automotive, aerospace & defense, food & beverage, chemicals, and others (BFSI, IT & telecommunication, hospitality, education, paper, printing, and textiles).

The growth of the warehouse & storage management segment can be attributed to the implementation of smart technologies, such as IoT and robotics, in various industries to enhance warehouse operations.The logistics automation market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period.

This growth is primarily driven by the increasing demand for automated material handling solutions from manufacturing industries and warehouses in Asia Pacific.

The expansion of the transportation & logistics industry and increase in trade agreements are additional factors projected to drive the growth of the logistics automation market in the Asia Pacific region.Speak to Our Expert Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=83657139 Key players operating in the logistics automation market include Dematic Corporation (US), Daifuku Co., Ltd. (Japan), Murata Machinery, Ltd. (Japan), Honeywell Intelligrated, Inc. (US), KNAPP AG (Austria), Swisslog Holding AG (Switzerland), TGW Logistics Group GmbH (Austria), SSI Schaefer AG (Switzerland), Mecalux, S.A. (Spain), VITRONIC (Germany), BEUMER Group (Germany), Toshiba Logistics Corporation (Japan), Jungheinrich AG (Germany), WiseTech Global Limited (Australia), System Logistics Spa (Italy), Falcon Autotech (India), SI Systems, LLC (US), ULMA Handling Systems (Spain), Inspirage (US), FRAMOS (Germany), Matternet Inc. (US), Pcdata BV (Netherlands), and Hinditron (India).

Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients.

The global Automated Test Equipment Market size is anticipated to reach USD 8.68 billion by 2027.

The rising demand for consumer electronics and connected devices coupled with the need for quality improvement prevailing among several industries is projected to drive the market growth across the globe.

Key Players:Astronics CorporationSTAR Technologies Inc.Chroma ATE Inc.Danaher Corporation Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/global-automated-test-equipment-ate-market/request-sample Market Synopsis of Automated Test Equipment Market:  The non-memory ATE product segment dominated the global market in 2019 on account of their rising usage for the manufacturing of SoC-based products, tablets, and smartphones.

The IT & telecommunications segment is anticipated to witness substantial growth during the forecasted years on account of increasing usage of such equipments for carrying out automation processes.

While the consumer segment contributed a share of 26.0% across the global market owing to increasing demand for consumer electronics.

The Asia Pacific is expected to account for the largest share across the global market in the upcoming years owing to the rising presence of semiconductor manufacturers in countries like Taiwan and China.