The Logistics Automation Market is Predict to reach USD 84.97 Billion by 2031, at a CAGR of 12.2%

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Logistics Automation Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Logistics Automation Market size is expected to reach $84.97 billion by 2031, rising at a market growth of 12.2% CAGR during the forecast period.

The Production Logistics segment is experiencing a CAGR of 12.4% during (2024 - 2031). This segment is critical in ensuring smooth operations within manufacturing processes and facilitating the efficient movement of raw materials, components, and finished products within and between production facilities. The adoption of automation in production logistics is driven by the need to reduce downtime, enhance precision, and improve overall productivity. Technologies such as automated guided vehicles (AGVs), IoT-enabled monitoring systems, and warehouse management software have been widely implemented in this segment to streamline operations and maintain consistent output quality.

Logistics Automation Market Size - By Region

The Large Enterprises segment is leading the Global Logistics Automation Market by Enterprise Type in 2023; thereby, achieving a market value of $57.7 billion by 2031. Large enterprises are the leading adopters of logistics automation due to their robust financial resources and the need to manage complex, high-volume supply chain operations. These organizations leverage advanced technologies like robotics, AI, and IoT to achieve greater efficiency, reduce operational costs, and enhance inventory management and order fulfillment accuracy. The scale of their operations necessitates sophisticated automation solutions that can optimize workflows across multiple facilities and geographies.

The Warehouse Management segment is registering a CAGR of 12% during (2024 - 2031). The rising demand for automated solutions to efficiently handle high inventory volumes and complex operations propelled the warehouse management segment. Technologies like robotic pickers, automated storage and retrieval systems (AS/RS), and AI-powered inventory management tools transform warehouse processes, enabling faster order fulfillment and reducing labor dependency. The growth of e-commerce has amplified the need for optimized warehousing to meet customer expectations for timely deliveries. Furthermore, real-time tracking and IoT-enabled devices enhance inventory visibility and accuracy, making automation a vital component in modern warehouse operations.

The Hardware segment is generating the maximum revenue in the Global Logistics Automation Market by Component in 2023; thereby, achieving a market value of $47.1 billion by 2031. Components such as automated guided vehicles (AGVs), robotic arms, conveyor belts, and IoT-enabled devices are widely adopted in industries like e-commerce, retail, and manufacturing to streamline inventory management, material handling, and last-mile delivery. The rise of e-commerce has further accelerated the need for hardware automation in warehouses and distribution centers as businesses strive to meet consumer expectations for fast and accurate deliveries. Additionally, advancements in robotics and sensor technologies have made automation hardware more reliable and scalable, further boosting adoption.

The Food & Beverages segment is registering a CAGR of 12.6% during (2024 - 2031). The critical need for efficient handling of perishable goods and compliance with stringent safety and quality standards drives the food and beverages segment. Automation technologies such as temperature-controlled storage systems, automated packaging solutions, and IoT-enabled monitoring devices are widely used to maintain product freshness and reduce waste. The growing demand for grocery delivery services and ready-to-eat meals has further accelerated the adoption of logistics automation. By implementing these technologies, businesses can improve operational efficiency, ensure timely deliveries, and meet regulatory requirements, catering to consumers' evolving needs while minimizing operational challenges.

Full Report: https://www.kbvresearch.com/logistics-automation-market/

The North America region dominated the Global Logistics Automation Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $31.3 billion by 2031. The Europe region is experiencing a CAGR of 11.8% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 13.1% during (2024 - 2031).

List of Key Companies Profiled

Logistics Automation Market Report Segmentation

By Enterprise Type

Large Enterprises
SMEs

By Logistics Type

Sales Logistics
Production Logistics
Recovery Logistics
Procurement Logistics

By Component

Hardware
Software
Services

By Application

Transport Management
Warehouse Management
Labor Management
Other Applications

By Industry

By Geography

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA

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SUBSCRIPTION MODEL

The Logistics Automation Market is Predict to reach USD 84.97 Billion by 2031, at a CAGR of 12.2%

Special Offering :

Logistics Automation Market Growth, Trends and Report Highlights

List of Key Companies Profiled

Logistics Automation Market Report Segmentation

North America Logistics Automation Market Size | Share 2031

LAMEA Logistics Automation Market Size | Growth Report 2031

Europe Logistics Automation Market Size & Forecast | 2031

Asia Pacific Logistics Automation Market Size & Share | 2031