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Rising demand for e-commerce platforms along with the surging usage of logistics automation components will drive the industry demand. The increasing need for efficient and streamlined logistics operations has led to the higher adoption of automated solutions in warehouses and distribution centers. Robotics technology, including automated guided vehicles (AGVs) and robotic arms are extensively used for tasks, such as picking, packing, sorting, and inventory management.
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Logistics Automation Market Trends, Analysis & Forecast, 2032
Industry Insights • Rising demand for e-commerce platforms along with the surging usage of logistics automation components will drive the industry demand. The increasing need for efficient and streamlined logistics operations has led to the higher adoption of automated solutions in warehouses and distribution centers. Robotics technology, including automated guided vehicles (AGVs) and robotic arms are extensively used for tasks, such as picking, packing, sorting, and inventory management. These automation solutions enhance operational efficiency, reduce labor costs, minimize errors, and improve the overall productivity, thereby fostering the market growth.
Logistics automation market from the warehouse management system (WMS) software segment will grow at over 13% CAGR till 2032. WMS software offers extensive inventory management features, allowing businesses to optimize their warehouse operations. It enhances visibility and delivers real-time information on stock levels, locations, and movements by automating inventory tracking. The surging focus of companies on eliminating stockouts, and excess inventory, and increasing the overall inventory accuracy with precise inventory data for cost savings and effective supply chain management will contribute to the market growth. • Logistics automation market from the warehouse management system (WMS) software segment will grow at over 13% CAGR till 2032. WMS software offers extensive inventory management features, allowing businesses to optimize their warehouse operations. It enhances visibility and delivers real-time information on stock levels, locations, and movements by automating inventory tracking.
Regional Analysis • Asia Pacific recorded more than USD 10 billion for the logistics automation market in 2022 and is projected to witness substantial expansion over 2023-2032. The rapid economic growth, expanding e-commerce sector, and increasing focus on supply chain efficiency are driving the regional adoption of logistics automation solutions. The surging labor costs have led to massive investments in warehouse automation, robotics, and intelligent transportation systems in countries, such as China, Japan, South Korea, and India. • Competitive Analysis • Dematic, Honeywell International, Daifuku, IBM, SAP, Oracle, and Knapp AG.
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