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The global logistics automation market size is projected to grow from USD 48.4 billion in 2020 to USD 88.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period.
The logistics automation market is gaining traction due to digital transformation in the logistics industry, emergence of IoT, exponential growth in the eCommerce industry, advancements in robotics, and growing need to ensure workforce safety.
Based on Function, the warehouse and storage management segment is expected to hold a larger market share during the forecast period
The warehouse and storage management segment is projected to account for a larger market share in 2020 to 2026. The rising need to optimize warehouse spaces and distribution centers is fuelling the importance of warehouse and storage management function. An effective warehouse management system ensures the efficient execution of warehousin
Logistics Automation Market worth $88 9 billion by 2026 - Exclusive Report by MarketsandMarkets™
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LogiNext, a global logistics tech company, partners with AmRest, one of the largest franchise operators of KFC, Pizza Hut, Burger King and Starbucks on last mile deliveries
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The market was valued at US$ 41.5 billion in 2019 and is projected to reach US$ 91.7 billion by 2027; it is expected to grow at a CAGR of 11.5% from 2020 to 2027.
The logistics automation market is broadly segmented into five major regions - North America, Europe, APAC, MEA, and SAM. Growing advancement in technology has encouraged increasing adoption of robots for various industries. Logistics automation is becoming essential for retailers owing to growing retail & e-commerce sectors worldwide.
Market players are trying to achieve omnichannel and online strategies. Thus, logistics automation is necessary for retailers. The logistics automation ensures the management of the inventory, tracking, reporting and forecasting, packaging, transportation of goods, and warehouse management. The retailers attract customers by providing free and fast delivery options.
Lojistik Otomasyon Pazar Büyüklü?ü ve Tahmin 2025 Paya Göre, Büyüme Faktörleri, Rakip Profilleri, Talepler, Son Trendler, Sektör Dinamikleri ve Bölgesel Analiz – Haber Radikal
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