The Top 10 Companies in Logistics Automation Market
Author : richa sinha | Published On : 26 Apr 2024
The global Logistics Automation Market is on track to achieve a remarkable valuation of USD 65.14 billion by 2030, with a projected Compound Annual Growth Rate (CAGR) of 10% during the forecast period spanning from 2024 to 2031.
Key Market Dynamics:
- Rapid E-commerce Growth: The exponential rise in e-commerce activities worldwide is driving the demand for efficient logistics automation solutions.
- Integration of Robots: The increasing incorporation of robots in logistics processes is enhancing operational efficiency and driving market growth.
- Challenges in Standardization: The lack of standardization in logistics operations poses challenges to market expansion, particularly in ensuring interoperability and seamless integration of automation systems.
Opportunities and Challenges:
The digital transformation of the logistics industry, coupled with advancements in sensor technologies, presents lucrative growth opportunities for market stakeholders. However, challenges such as the shortage of skilled operators and concerns regarding privacy and security remain significant barriers to market growth.
Emerging Trends in the Logistics Automation Market:
- Focus on Last-Mile Deliveries: There is a growing emphasis on improving last-mile delivery logistics to enhance customer satisfaction and streamline operations.
- Rise of AI in Supply Chain Management: The increasing utilization of Artificial Intelligence (AI) technologies in supply chain and logistics management is a prominent trend shaping the market landscape.
? Top 10 Companies Leading the Charge: https://meticulousblog.org/top-10-companies-in-logistics-automation-market/
Top 10 Companies Leading the Logistics Automation Market:
1. Dematic: A leading supplier of integrated automated technology, software, and services for supply chain optimization, Dematic offers a comprehensive portfolio of transport and storage solutions tailored to various market sectors.
2. Daifuku Co., Ltd.: Providing automated material handling solutions, Daifuku offers logistics solutions catering to diverse manufacturing and distribution fields, with a focus on cleanroom transport and storage systems.
3. Vanderlande Industries B.V.: A global partner for logistic process automation, Vanderlande offers manual or robotized palletizing solutions and advanced software solutions for warehousing operations.
4. Honeywell International Inc.: A technology solutions provider addressing challenges across various industries, Honeywell offers advanced automation technologies and software for distribution center operations.
5. KNAPP AG: Specializing in intelligent warehouse systems, KNAPP offers a diverse range of conveyor systems, shuttle systems, and autonomous mobile robots for material handling tasks.
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6. SSI SCHAEFER Group: Providing modern warehouse and logistics systems globally, SSI SCHAEFER develops innovative intralogistics solutions and software for optimizing warehouse processes.
7.BEUMER Group GmbH & Co. KG: Designing and manufacturing intralogistics systems, BEUMER Group offers solutions for conveying, palletizing, packaging, and distribution in the Courier, Express & Parcel (CEP) industry.
8. Konecranes Plc: A leader in material handling solutions, Konecranes provides productivity and safety-enhancing lifting solutions, container handling equipment, and maintenance services.
9. FORTNA Inc.: Specializing in warehouse automation, FORTNA designs and integrates conveyor and singulation solutions customized to meet operational requirements, along with intelligent warehouse software.
10. Oracle Corporation: An enterprise information technology company, Oracle offers cloud-based logistics solutions to streamline supply chain management processes and optimize warehouse operations.
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