Automated Logistics Equipment Market Growth, Key Strategies, Trends, and Forecast by 2031

The Automated Logistics Equipment Market is expected to register a CAGR of 13.4% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The report is segmented by Product Type (Automated Conveyor, Palletizing Robot, Automated Stereoscopic Warehouse, Automated Sorter, Automated Guided Vehicle, Forklift); End-Users (Pharmaceuticals, Food and Beverage, Automobile, Retail and E-commerce, Consumer Electronics, Logistics and Transportation, Manufacturing, Others); Geography (North America, Europe, Asia-Pacific, Middle East & Africa, South and Central America).
The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments

Purpose of the Report

The report Automated Logistics Equipment Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

• Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
• Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
• Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Automated Logistics Equipment Market Segmentation

Product Type

• Automated Conveyor
• Palletizing Robot
• Automated Stereoscopic Warehouse
• Automated Sorter
• Automated Guided Vehicle
• Forklift

End-Users

• Pharmaceuticals
• Food and Beverage
• Automobile
• Retail and E-commerce
• Consumer Electronics
• Logistics and Transportation
• Manufacturing
• Others

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Automated Logistics Equipment Market Growth Drivers

• Growth in E-commerce: The exponential growth of e-commerce is a major driver for the automated logistics equipment market. As online shopping continues to surge, logistics companies and retailers are under increasing pressure to expedite shipping processes and handle larger volumes of goods. Automated logistics solutions, such as robotic picking systems, automated conveyors, and sorting robots, are essential for scaling operations efficiently, reducing errors, and improving order fulfillment times.
• Labor Shortages and Rising Labor Costs: Many industries are experiencing labor shortages, particularly in warehousing and distribution centers. This challenge is compounded by rising labor costs. Automated logistics equipment offers a solution by replacing or augmenting manual labor with robots and automated systems that can operate around the clock without fatigue, thus reducing the dependency on human labor and potentially lowering operational costs.

Automated Logistics Equipment Market Future Trends

• Adoption of Robotics and Automation in SMEs: While initially adopted by large enterprises, there is a noticeable trend of small and medium-sized enterprises (SMEs) implementing automated logistics solutions. The decreasing cost of robotics and the availability of as-a-service models make these technologies accessible to smaller businesses. This democratization of technology helps SMEs compete with larger players by enabling them to enhance efficiency and scalability.
• Growing Adoption of Autonomous Mobile Robots (AMRs) and Automated Guided Vehicles (AGVs): Another significant trend in the automated logistics equipment market is the rising adoption of Autonomous Mobile Robots (AMRs) and Automated Guided Vehicles (AGVs) in warehouses and distribution centers. These robots are being used for material handling, order fulfillment, and internal transportation within facilities. AMRs and AGVs help streamline operations by reducing manual labor, improving safety, and increasing operational speed. The trend is driven by the need for faster, more efficient handling of goods, especially in e-commerce and retail sectors, where high order volumes and customer expectations for quick delivery times are growing. As the cost of robotics technology decreases and its capabilities improve, AMRs and AGVs are expected to become a standard feature in logistics facilities worldwide.

Automated Logistics Equipment Market Opportunities

• Integration of Advanced Technologies: The integration of IoT, AI, and machine learning with automated logistics equipment provides significant opportunities for market growth. These technologies enable real-time data analytics, predictive maintenance, and smarter decision-making processes, enhancing the capabilities of automated systems. For instance, AI can predict order volumes and adjust operations accordingly, while IoT devices can track equipment health to prevent downtime.
• Sustainable and Green Logistics Solutions: There is a growing trend towards sustainability in logistics, driven by consumer demand and regulatory pressures. Automated logistics equipment can contribute to greener operations through more efficient use of energy, reduction in waste, and optimization of routes and processes. This not only helps companies reduce their environmental impact but also aligns with global sustainability goals, offering a competitive edge.

Automated Logistics Equipment Market Regional Insights

The regional trends and factors influencing the Automated Logistics Equipment Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Automated Logistics Equipment Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Automated Logistics Equipment Market Report Scope

Automated Logistics Equipment Market Players Density: Understanding Its Impact on Business Dynamics

The Automated Logistics Equipment Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Automated Logistics Equipment Market are:

1. Beumer Group
2. Daifuku Co., ltd
3. Honeywell Intelligrated
4. Jungheinrich AG
5. Knapp AG

Disclaimer: The companies listed above are not ranked in any particular order.

Key Selling Points

• Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Automated Logistics Equipment Market, providing a holistic landscape.
• Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
• Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
• Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Automated Logistics Equipment Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.