Title: Logistics Automation Market
1Logistics Automation Market To Reach USD 120.08
Billion By 2026
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2Market Summary
Increasing demand for logistics automation in
hardware-centric automation type coupled with
high investment in RD of logistics automation is
fueling the market growth. Market Size USD
46.97 Billion in 2018, Market Growth - CAGR of
12.4, Market Trends Increase in demand for
Logistics Automation in the eCommerce
segment. The Global Logistics Automation Market
is forecast to reach USD 120.08 Billion by 2026,
according to a new report by Reports and Data.
The logistics automation market is rising rapidly
in the global market owing to the proliferation
of the adoption rate of automation in the
logistics chains globally. The convenience of
lesser human effort and enhanced overall
operational improvement is fueling up the market
growth of logistics automation.
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3Market Summary
In the year 2018, Manufacturing Industries
segment has witnessed the highest market demand.
The manufacturing industries currently are prone
to have the highest utilization of the logistics
system as both the raw materials and end
manufactured products require the logistics
system. Retail and eCommerce segments are also
significant contributors to this market. Asia
Pacific market is forecasted to generate a
revenue of USD 43.83 Billion in the year 2026,
owing to its extensive market penetration towards
logistics automation coupled with its rise in
consumer base in eCommerce and transcendence in
manufacturing industries in China, Japan, and
India. Avail the inside scoop of the Sample
report _at_ https//www.reportsanddata.com/sample-enq
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4Market Summary
- Further key findings from the report suggest
- The rise in the eCommerce industry compels a vast
demand for the logistics chain. As the
online-purchased products have to be delivered to
the buyers' place. Being solely dependent upon
the logistics chain, the eCommerce industry
encounters a higher growth rate of 17.3 by 2026. - The warehouse is where the to-be-delivered
products are dumped, rearranged, and packed
accordingly for the shipment. Automation for the
warehouse functionality entangles cataloging,
inventory management, resource management,
internal products handling, and others. The
segment is forecasted to grow with a CAGR of
10.5 during the forecast period. - Among the end-users in the logistics automation
market, manufacturing industries segment is
likely to continue being the leader of the market
with almost 29.0 of market possession and would
grow with a CAGR of 13.0 by 2026. Manufacturing
Industries are the core participator of this
market. Raw materials are essential in every
stage of the production or manufacturing of
products. Apart from raw materials, the
manufactured products are also required to be
delivered to the retailers or supply chains.
Almost all the manufacturing industries are
required to have their own or partnered logistics
for smooth operational functioning. - Click here to avail the report at discount rate
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5Market Summary
- Key participants include Murata Machinery,
Vitronic, Toshiba Logistics, Wisetech Global,
Swisslog Holding AG, ULMA Handling Systems,
Deutsche Post DHL Group, DSV Air Sea Inc.,
FedEx Corp., United Parcel Service, Inc. - For the purpose of this report, Reports and Data
have segmented the global Logistics Automation
Market on the basis of end users, automation
type, components of logistics, logistics model,
and region - End Users Method Outlook (Revenue, USD Billion
2016-2026) - Manufacturing Industries
- Retails
- eCommerce
- Oil Gas Industries
- Food Beverages
- Government Utilities
- Healthcare Market
- IT Industries
- Others
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coverage, visit https//www.reportsanddata.com/ch
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6Market Summary
- Automation Type Outlook (Revenue, USD Billion
2016-2026) - Hardware Centric
- Software Centric
- Components of Logistics Outlook (Revenue, USD
Billion 2016-2026) - Warehouse Management
- Material Handling Transportation
- Logistics Model Type Outlook (Revenue, USD
Billion 2016-2026) - First Party Logistic Model
- Second Party Logistic Model
- Third Party Logistic Model
- Fourth Party Logistic Model
- Fifth Party Logistic Model
- Regional Outlook (Revenue, USD Million
20162026, Volume, Tons 2016-2026) - North America
- Europe
- Asia Pacific
- Middle East Africa
- Latin America
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