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Logistics automation is the application of advanced computer software or automated machines that improve the logistics operations of an organization. Logistics automation refers to the operations within a warehouse or utility distribution center and the transportation management.

Increasing e-commerce industry across the globe and the introduction of advanced solutions and hardware are further boosting the demand for logistics automation market across the globe. For instance, according to Coherent Market Insights analysis, in the year 2020, UK was the largest e-commerce market in the European region, and the revenue is expected to grow with a CAGR of around 7% as compared to the year 2020, furthermore, the revenue in Germany is expected to reach up to US$ 95 Bn in the year 2021, up from US$ 87.6 Bn in the year 2020.

Global Logistics Automation Market - Impact of Coronavirus (Covid-19) Pandemic

COVID-19 has significantly disrupted the revenue of several industries including infrastructure, retail, manufacturing, automotive, logistics, and others. For instance, according to the International Finance Corporation, the logistics firms involved in the movement, storage, and flow of goods were severely get impacted due to COVID–19. Moreover, many countries such as India, UK have put strict lockdown across the country, which restrains the movement of people as well as goods, across the national and international borders. This negatively impacts the revenue of logistics companies, and in turn hampers the adoption of advanced technologies across the logistics sector. 

North America region is expected to hold dominant position in the global logistics automation market during the forecast period.

Statistics:

Among region, North America held dominant position in the global logistics automation market in 2019, accounting for 33.1% share in terms of value, followed by Europe and Asia Pacific.

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Logistics Automation Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2021: US$ 52.7 Bn
Historical Data for: 2017 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 10.3% 2028 Value Projection: US$ 104.7 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East and Africa: GCC Countries, South Africa, Rest of Middle East, and Africa
Segments covered:
  • By Component: Hardware, Software, Services
  • By Mode of Transportation: Airways, Railways and Roadways, Seaways
  • By Enterprise Size: SME, Large Enterprises
  • By Application: Warehouse and Storage Management, Transportation Management
  • By End-use Industries: Manufacturing, Healthcare and Pharmaceuticals, Fast-Moving Consumer Goods (FMCG), Retail and e-Commerce, Aerospace and Defense, Oil, Gas, and Energy, Chemicals, Others (paper & printing, and textiles & clothing)
Companies covered:

Major companies operating in the global logistics automation market include ABB, BEUMER GROUP, Blue Yonder Group, Inc, Daifuku Co., Ltd., E&K AUTOMATION LIMITED, Falcon Autotech Private Limited, GreyOrange, HighJump, Infor, Locus Robotics, Manhattan Associates, One Network Enterprises, Oracle, SwanLeap Inc, and Toshiba Logistics

Growth Drivers:
  • Rise in adoption of advanced technology in logistics industry
  • Growing retail and e-commerce industry 
Restraints & Challenges:
  • High initial cost of hardware and software 

Figure 1: Global Logistics Automation Market Share (%), By Region, 2019

Logistics Automation  | Coherent Market Insights

The North America region accounted for the highest market share in the global logistics automation market in the year 2020, and is expected to maintain its dominance over the forecast period. This is owing to the increasing focus of North American organizations on reducing operational costs, factory modernization, implementation of advanced technologies in delivery centers and warehouses, and the launch of advanced technologies and solutions in North America for logistics automation. For instance, in May 2020, U.S.-based Manhattan Associates launched a warehouse management solution called Manhattan Active. It is a cloud-based system that provides high speed, adaptability, and ease-of-use within distribution management.

Major companies operating in the global logistics automation market include ABB, Beumer Group, Blue Yonder Group, Inc., Daifuku Co., Ltd, E&K Automation Limited, Falcon Autotech Private Limited, GreyOrange, HighJump, Infor, Locus Robotics, Manhattan Associates, One Network Enterprises, Oracle, SwanLeap Inc, and Toshiba Logistics

Among application, the transportation management sub-segment is expected to showcase highest CAGR in the market during the forecast period, owing to high sales of passenger cars across the globe.

The global logistics automation market is segmented on basis of application as warehouse and storage management, and transportation management. The transportation management segment is expected to dominate the market, owing to an increase in adoption of advanced technologies in the logistics sector. This provides advantages associated with transportation management system such as TMS, which can help businesses to plan, execute, and optimize the physical movement of goods. In addition, transportation management system can provide better visibility in day-to-day operations of transportation operations, trade compliance documentation, and in ensuring timely delivery of products.

Figure 2: Global Logistics Automation Market Value (US$ Bn), 2017 - 2028

Logistics Automation  | Coherent Market Insights

The global logistics automation market was valued at US$ 42.9 Bn in 2019 and is expected to reach US$ 104.7 Bn by 2028 at a CAGR of 10.3% between 2021 and 2028.

An automaton is a network of self-operating machines that are designed to perform a predefined sequence of operations. Automation is majorly integrated in the logistics sector to make operations easier and smoother. The integration of latest technologies and tools in the logistics sector have ensured that all the tasks and operations are highly coordinated, which further smoothens the product delivery process in an organization. Moreover, transportation management systems (TMS) and warehouse management systems (WMS) are being adopted in the logistics sector for connecting all the departments of an organization through a singular platform, which increases the control over operational activities. TMS and WMS can also provide real-time data from suppliers and internal systems.

Market Dynamics

Rising adoption of the internet of things (IoT) and artificial intelligence (AI) in the automotive logistics sector is expected to drive the market growth. Advantages associated with automation in logistics sector such as enhanced accuracy and reduction in error for product handling, fetching of real-time freight rates, accurate real-time freight data analysis, improved customer service, growing retail, e-commerce & healthcare sectors, and rising investments and product launches in the logistics automation sector are further expected to propel the demand for logistics automation market over the forecast period. For instance, SwanLeap Inc. is offering a transportation management system that uses artificial intelligence for real-time visibility in the supply chain for streamlining the entire logistics process.

However, the high initial cost of hardware and software components that are used in logistics automation is expected to restrain the growth of the global logistics automation market over the forecast period.

Market Taxonomy

This report segments the global logistics automation market on the basis of component, mode of transportation, enterprise size, application, end-use industries, and region. On the basis of component, global logistics automation market is segmented into hardware, software, and services. On the basis of mode of transportation, the global logistics automation market is segmented into airways, railways and roadways, and seaways. On the basis of enterprise size, the global logistics automation market is segmented into SME and large enterprises. On the basis of application, global logistics automation market is segmented into warehouse and storage management, and transportation management. On the basis of end-use Industries, global logistics automation market is segmented into manufacturing, healthcare and pharmaceuticals, fast-moving consumer goods (FMCG), retail and e-commerce, aerospace and defense, oil, gas, and energy, chemicals, and others (paper & printing, and textiles & clothing). On the basis of region, global logistics automation market is segmented into North America, Latin America, Europe, Asia pacific, Middle East, and Africa.

Key features of the study:

  • This report provides an in-depth analysis of the global logistics automation market, provides market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global logistics automation market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Major companies operating in the global logistics automation market include ABB, BEUMER GROUP, Blue Yonder Group, Inc., Daifuku Co., Ltd., E&K AUTOMATION LIMITED, Falcon Autotech Private Limited, GreyOrange, HighJump, Infor, Locus Robotics, Manhattan Associates, One Network Enterprises, Oracle, SwanLeap Inc, and Toshiba Logistics
  • These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global logistics automation market analysis report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global logistics automation market

Detailed Segmentation:

  • Global Logistics Automation Market, By Component:
    • Hardware
    • Software
    • Services
  • Global Logistics Automation Market, By Mode of Transportation:
    • Airways
    • Railways and Roadways
    • Seaways
  • Global Logistics Automation Market, By Enterprise Size:
    • SME
    • Large Enterprises
  • Global Logistics Automation Market, By Application:
    • Warehouse and Storage Management
    • Transportation Management
  • Global Logistics Automation Market, By End-use Industries:
    • Manufacturing
    • Healthcare and Pharmaceuticals
    • Fast-Moving Consumer Goods (FMCG)
    • Retail and e-Commerce
    • Aerospace and Defense
    • Oil, Gas, and Energy
    • Chemicals
    • Others (paper & printing and textiles & clothing)
  • Global Logistics Automation Market, By Region:
    • North America
    • Europe
    • Latin America
    • Asia Pacific
    • Middle East and Africa
  • Company Profiles
    • ABB**
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Key highlights
    • BEUMER GROUP
    • Blue Yonder Group Inc
    • Daifuku Co., Ltd
    • E&K AUTOMATION LIMITED
    • Falcon Autotech Private Limited.
    • GreyOrange AG
    • HighJump.
    • Infor.
    • Locus Robotics
    • Manhattan Associates.
    • One Network Enterprises
    • Oracle
    • SwanLeap Inc
    • Toshiba Logistics

**All the pointers will also be provided for the rest of the companies.

Browse all the market data tables and figures on ‘Global Logistics Automation Market - Forecast to 2028’

Frequently Asked Questions

The global logistics automation market is expected to reach US$ 58.2 Billion by 2022.
The market is expected to witness a CAGR of 10.3% during the forecast period (2021-2028).
The increasing implementation of advanced technologies such as IoT, Artificial Intelligence in logistics sector, is expected to drive growth of the market during the forecast period.
The transportation management held the largest market share among application segment, contributing more than 55% in terms of value in 2019.
North America held the largest share in the market in 2019, accounting for 33.1% share in terms of value.
Major companies operating in the market include ABB, BEUMER GROUP, Blue Yonder Group, Inc, Daifuku Co., Ltd., E&K AUTOMATION LIMITED, Falcon Autotech Private Limited, GreyOrange, HighJump, Infor, Locus Robotics, Manhattan Associates, One Network Enterprises, Oracle, SwanLeap Inc, and Toshiba Logistics.

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