Logistics Automation Market To Reach USD 120.08 Billion By 2026
Market Summary Increasing demand for logistics automation in hardware-centric automation type coupled with high investment in R&D 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. Some of the key findings from our 3D concrete printing market forecast report: •
APAC owing to its massive rise in eCommerce and Retail consumers, and an increase in manufacturing industries in China, Japan, and India, is expected to dominate the logistics automation market with 36.5% of market share in 2026 and a CAGR of 17.0% during the forecast period. • North America, with its financial and technological superiority, is accounted to gain 34.5% of market possession by 2026 with a CAGR of 12.2% during the forecast period. www.reportsanddata.com
Key participants : 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. Segmentation: • • • •
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, 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
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Regional 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.
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The report emphasizes the following key questions: • Q.1. What are the most lucrative and promising growth prospects for the market? • Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? • Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes? • Q.4. Which factors are impacting the future of the market and what are the driving factors? • Q.5. What are the hurdles and challenges curtailing the industry’s growth in the forecast period?
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