USD 47.72 billion
Report ID:
SQMIG45B2063 |
Region:
Global |
Published Date: February, 2025
Pages:
197
|Tables:
92
|Figures:
76
Global Logistics Automation Market size was valued at USD 47.72 billion in 2023 and is poised to grow from USD 53.35 billion in 2024 to USD 130.22 billion by 2032, growing at a CAGR of 11.8% during the forecast period (2025-2032).
The logistics industry is undergoing some major changes as emphasis on efficiency increases around the world. Increasing burden on logistics companies on the back of booming e-commerce activity, industrialization, and urbanization is also promoting the demand for logistics automation. Advancements in logistics automation technologies and high investments in development of the same are also favoring market growth. Moreover, rising costs of labor and shortage of skilled workforce are also expected to promote the demand for logistics automation across the study period and beyond. Growing demand for faster deliveries around the world will also act in favor of logistics automation companies going forward. Increasing emphasis on improving supply chains to optimize operations will also favor market development in the future. On the contrary, high costs of deployment, complexities in integration, and economic uncertainty are slated to key restraints for logistics automation demand in the long run.
Market snapshot - 2025-2032
Global Market Size
USD 47.72 billion
Largest Segment
Large Enterprises
Fastest Growth
Small and Medium Enterprises
Growth Rate
11.8% CAGR
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Global Logistics Automation Market is segmented by Component, Function, Logistics Type, Organization Size, Software Application, Vertical and region. Based on Component, the market is segmented into Hardware, Software and Services. Based on Function, the market is segmented into Warehouse Automation and Transportation Automation. Based on Logistics Type, the market is segmented into Inbound Logistics, Outbound Logistics and Reverse Logistics. Based on Organization Size, the market is segmented into Small and Medium-sized Enterprises (SMEs) and Large Enterprises. Based on Software Application, the market is segmented into Inventory Management, Order Fulfillment, Shipping and Receiving and Freight Management. Based on Vertical, the market is segmented into Retail, Manufacturing, Healthcare, E-commerce, Food and Beverage, Post and Parcel, Groceries, General Merchandise, Apparel and Other. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Inventory and storage management is slated to account for a dominant share of the global logistics automation market. Growing complexities in inventory management and the rising number of items in inventories are helping this segment's high market share. Rising establishment of smart warehouses and rapid expansion of storage capacity for logistics companies are also helping boost market growth around the world.
Meanwhile, the demand for automation in transportation logistics is surging rapidly around the world. High emphasis on sustainability in the logistics industry and growing demand for better tracking and tracing capabilities are promoting adoption of logistics automation in this segment.
Large enterprises are projected to account for a dominant share of the global logistics automation demand outlook. Need for efficiency in large-scale warehouses and logistics operations is pushing large enterprises to opt for logistics automation solutions. High spending potential and availability of human resources to test out new technologies also help this segment hold a dominant market share.
On the other hand, the demand for logistics automation in small and medium enterprises (SMEs) is forecasted to rise rapidly over the coming years. Rising awareness regarding the benefits of logistics automation adoption is slated to primarily help market growth via this segment. Moreover, increasing availability of affordable logistics automation solutions specifically designed for SMEs will also help boost logistics automation adoption in this segment.
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North America is projected to take the lead in terms of logistics automation demand on a global level. The presence of key logistics companies and their increasing investments in automation adoption are slated to help this region's dominance going forward. The United States is projected to be the most opportune market owing to the presence of a developed technological infrastructure to support high adoption of logistics automation. Moreover, the presence of key logistics companies and favorable regulatory environment for automation adoption are also contributing to the high market share of this region.
The booming e-commerce activity in the Asia Pacific region is primarily making it the fastest-growing regional market for logistics automation companies going forward. Industrialization, urbanization, and digitization are also key factors that will augment the demand for logistics automation in this region. Japan, China, and India are projected to spearhead logistics automation adoption in this region over the coming years.
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Rising Demand for Faster Delivery
Dearth of Skilled Labour
Complexity in Integration
High Initial Investments
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Targeting e-commerce and retail companies will be crucial in determining the success of any logistics automation provider. Logistics automation companies should invest in the development of novel logistics automation solutions and services. Partnerships and collaborations will be essential strategies for new and established logistics automation market players going forward. Targeting the developing countries will also pay off big time for logistics automation providers in the long run.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, shortage of skilled labor, rising labor costs, and high demand for efficiency in logistics operations are slated to be the top drivers for logistics automation market. However, high costs of deployment and complexities in integration remain key constraints for market growth in the future. North America is slated to be the dominant regional market for logistics automation companies owing to the presence of key logistics organizations and favorable regulatory framework. Logistics automation companies should explore the use of autonomous drones and vehicles to maximize their business scope in the long run.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 47.72 billion |
Market size value in 2032 | USD 130.22 billion |
Growth Rate | 11.8% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Logistics Automation Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Logistics Automation Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Logistics Automation Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Logistics Automation Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Logistics Automation Market size was valued at USD 86.37 Billion in 2023 and is poised to grow from USD 97.76 Billion in 2024 to USD 263.6 Billion by 2032, growing at a CAGR of 13.2% during the forecast period (2025-2032).
Targeting e-commerce and retail companies will be crucial in determining the success of any logistics automation provider. Logistics automation companies should invest in the development of novel logistics automation solutions and services. Partnerships and collaborations will be essential strategies for new and established logistics automation market players going forward. Targeting the developing countries will also pay off big time for logistics automation providers in the long run. 'Dematic Corporation (US) ', 'Honeywell Intelligrated (US) ', 'Daifuku (Japan) ', 'Oracle (US) ', 'SAP (Germany) ', 'IBM(US) ', 'SSI Schaefer (Germany) ', 'Knapp (Austria) ', 'Manhattan Associates (US) ', 'Swisslog Holding AG (Switzerland) ', 'Blue Yonder (US) ', 'Mantis (US) ', 'Murata Machinery (Japan) ', 'TGW Logistics Group (Austria) ', 'Jungheinrich (Germany) ', 'System Logistics (Italy) ', 'Zebra Technologies (US) ', 'ABB (Switzerland) ', 'BEUMER Group (Germany) ', 'Korber(Germany) '
Growing popularity of same-day delivery around the world and booming e-commerce activity are also boosting the demand for highly efficient logistics operations. Rising emphasis on improving productivity and fulfilling faster delivery times is also slated to benefit logistics automation market growth going forward.
Use of Autonomous Vehicles and Drones: Automation of transportation in logistics is a prime area of interest for many logistics automation companies. Experimenting with the use of autonomous vehicles and drones to improve transportation times and reduce issues related to tracking will provide lucrative opportunities for logistics automation providers in the long run.
North America is projected to take the lead in terms of logistics automation demand on a global level. The presence of key logistics companies and their increasing investments in automation adoption are slated to help this region’s dominance going forward. The United States is projected to be the most opportune market owing to the presence of a developed technological infrastructure to support high adoption of logistics automation. Moreover, the presence of key logistics companies and favorable regulatory environment for automation adoption are also contributing to the high market share of this region.
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