DUBLIN, September 15, 2021 / PRNewswire / – The report “Logistics Automation Market Analysis, 2021 – 2028” has been added to ResearchAndMarkets.com offer.
A PLC is a network of autonomous machines designed to perform a predefined sequence of operations. Automation is mostly integrated in the logistics sector to make operations easier and smoother.
The integration of the latest technologies and tools in the logistics industry has ensured that all tasks and operations are highly coordinated, further facilitating the process of delivering products in an organization.
Additionally, Transportation Management Systems (TMS) and Warehouse Management Systems (WMS) are adopted in the logistics industry to connect all departments of an organization through a single platform, increasing the control over operational activities. TMS and WMS can also provide real-time data from vendors and internal systems.
The growing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) in automotive logistics industry is expected to drive the market growth.
Benefits associated with automation in logistics industry, such as increased accuracy and reduction of errors in product handling, real-time freight rate recovery, accurate analysis of real-time freight data , improved customer service, growth in the retail, e-commerce and healthcare industries, and Rising investments and product launches in the logistics automation industry are further expected to propel demand of the logistics automation market during the forecast period.
For example, SwanLeap Inc. offers a transportation management system that uses artificial intelligence for real-time supply chain visibility to streamline the entire logistics process.
However, the high initial cost of hardware and software components used in logistics automation is expected to restrain the growth of the global logistics automation market during the forecast period.
Main characteristics of the study:
This report provides an in-depth analysis of the global logistics automation market, provides the market size (Billion US $) and the compound annual growth rate (CAGR%) for the forecast period (2021-2028) , considering 2020 as the base year.
It elucidates the potential income opportunities in different segments and explains the attractive investment proposal matrix for this market
This study also provides key insights into the market drivers, restraints, opportunities, new product launches or approval, regional outlook and competitive strategy adopted by major players.
It profiles the major players in the global logistics automation market based on the following parameters: regulatory landscape, company overview, financial performance, product portfolio, geographic 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 focused on a strategy of collaborating with other market leaders to innovate and launch new products to meet the growing needs and demands of consumers.
The information in this report would enable marketers and business management authorities to make informed decisions regarding future product launches, technology gradation, market expansion, and marketing tactics.
Global Logistics Automation Market analysis report is addressed to various stakeholders of this industry including investors, suppliers, distributors, new entrants, and financial analysts.
Stakeholders are said to have ease of decision making due to the different strategy matrices used to analyze the global Logistics Automation market
Global Logistics Automation Market, By Component:
Global Logistics Automation Market, By Transportation Mode:
Railways and roads
Global Logistics Automation Market, By Company Size:
Global Logistics Automation Market, By Application:
Global Logistics Automation Market, By End Use Industries:
Health and Pharmaceuticals
Consumer goods (FMCG)
Retail and e-commerce
Aeronautics and Defense
Oil, gas and energy
Others (paper & printing and textiles & clothing)
Global Logistics Automation Market, By Region:
Middle East and Africa
For more information on this report, visit https://www.researchandmarkets.com/r/kbfrs5
Research and markets
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SOURCE Research and Markets