Logistics Automation Market

Key Growth Drivers and Market Leaders in the Global Logistics Automation Market

The global logistics automation market is expected to increase from USD 32.7 billion in 2023 to USD 51.2 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 9.3% throughout the forecast period. The logistics business is benefiting from technological advancements such as robotics, artificial intelligence, and the Internet of Things (IoT) in the logistics automation market.

The logistics automation market is flourishing due to a confluence of factors:

  • E-commerce boom
  • Labor shortage and safety concerns
  • Need for efficiency and cost reduction
  • Advancements in technology
  • Digital transformation

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  • E-commerce boom: The surge in online shopping is a major driver. With consumers expecting faster deliveries and wider selection, retailers and logistics companies are increasingly relying on automation to meet these demands.
  • Labor shortage and safety concerns: Finding and retaining qualified workers is a challenge in the logistics industry. Automation helps address this by automating repetitive tasks and dangerous jobs, improving overall workplace safety.
  • Need for efficiency and cost reduction: Logistics companies are constantly striving to streamline operations and reduce costs. Automation offers significant benefits in these areas by improving accuracy, reducing errors, and optimizing workflows.
  • Advancements in technology: The continuous development of robotics, artificial intelligence, and the Internet of Things (IoT) is making automation solutions more sophisticated, affordable, and accessible.
  • Digital transformation: The logistics industry is undergoing a digital transformation, and automation is a key component of this shift. Businesses are embracing automation to integrate their operations, improve data visibility, and gain a competitive edge.

These growth drivers are creating a strong demand for logistics automation solutions, and this trend is expected to continue in the foreseeable future.

Logistics Automation Market Share - Global Industry Landscape

Some of the leading companies in the Logistics Automation industry include:

  • SAP (Germany)
  • IBM(US)
  • SSI Schaefer (Germany)
  • Knapp (Austria)
  • Manhattan Associates (US)

SAP (Germany)

  • Market Share: SAP is a leading player in the enterprise software market, including logistics automation. As of recent estimates, SAP holds a significant share in the global supply chain management (SCM) and warehouse management system (WMS) markets, often cited as one of the top three providers.
  • Key Offerings:
    • SAP Extended Warehouse Management (EWM): A comprehensive solution for efficient warehouse operations, integrating with other SAP solutions for seamless logistics and supply chain management.
    • SAP Transportation Management (TM): Manages transportation planning, execution, and monitoring, ensuring optimized logistics operations.
    • SAP Integrated Business Planning (IBP): Combines sales and operations planning, demand planning, inventory optimization, and supply planning.

IBM (US)

  • Market Share: IBM is a major player in the logistics automation and supply chain solutions market, with a robust presence particularly in AI-driven and blockchain-based logistics solutions. IBM's market share is substantial due to its broad technology portfolio and deep industry expertise.
  • Key Offerings:
    • IBM Sterling Supply Chain Suite: A suite of AI-enabled solutions for supply chain visibility, order management, and fulfillment.
    • IBM Watson Supply Chain: Uses AI to enhance supply chain operations with predictive insights, anomaly detection, and resolution.
    • IBM Blockchain: Provides a transparent, secure platform for supply chain transactions, improving traceability and reducing fraud.

SSI Schaefer (Germany)

  • Market Share: SSI Schaefer is a leading provider of intralogistics solutions, known for its innovative warehouse and storage systems. It holds a strong market share in the automated storage and retrieval systems (AS/RS) and material handling equipment segments.
  • Key Offerings:
    • Automated Storage and Retrieval Systems (AS/RS): Solutions for efficient and high-density storage and retrieval.
    • Warehouse Management Software (WMS): A software suite that optimizes warehouse operations and inventory management.
    • Conveyor and Transport Systems: Advanced material handling systems to streamline warehouse operations.
    • Picking Solutions: Technologies like pick-by-light and voice picking for improved accuracy and efficiency.

Knapp (Austria)

  • Market Share: Knapp is a prominent player in the logistics automation market, particularly known for its intelligent intralogistics solutions. The company enjoys a significant share in the European market and is expanding globally.
  • Key Offerings:
    • Automated Storage and Retrieval Systems (AS/RS): High-performance systems for automated storage and retrieval.
    • Shuttle Systems: Flexible and scalable shuttle systems for efficient storage and retrieval operations.
    • Warehouse Management Systems (WMS): Software solutions to optimize warehouse processes and inventory management.
    • Picking Solutions: Advanced picking technologies, including pick-by-vision and robotic picking systems.

Manhattan Associates (US)

  • Market Share: Manhattan Associates is a leading provider of supply chain and omnichannel commerce solutions, with a strong market share in the warehouse management system (WMS) and transportation management system (TMS) markets.
  • Key Offerings:
    • Manhattan Active® Warehouse Management: A cloud-native, unified platform for managing warehouse operations with real-time visibility and control.
    • Manhattan Active® Transportation Management: An end-to-end solution for optimizing transportation planning, execution, and monitoring.
    • Manhattan Active® Omni: An omnichannel solution that unifies inventory, orders, and customer engagement across channels.
    • Manhattan Active® Supply Chain: A comprehensive suite of solutions for managing and optimizing the entire supply chain.

These companies play pivotal roles in the logistics automation market, offering advanced solutions that drive efficiency, accuracy, and cost savings for businesses worldwide. Their market share reflects their technological leadership and ability to meet evolving industry demands.

Related Reports:

Logistics Automation Market by Component, Function, Logistics Type (Procurement/Inbound Logistics, Sales/Outbound Logistics) Software Application (Inventory Management, Order Management), Vertical and Region - Global Forecast to 2028

Logistics Automation Market Size,  Share & Growth Report
Report Code
TC 6270
RI Published ON
3/22/2023
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