Analysis - by Component (Hardware, Software, and Services), Mode of Freight Transport (Land, Water, and Air), Application (Warehouse Management and Transportation Management), and End-user Industry (Manufacturing, Retail and E-Commerce, Oil and Gas, Food and Beverages, Automotive, Healthcare and Pharmaceutical, and Others)
No. of Pages:
113
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Report Code:
BMIRE00030415
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Category:
Electronics and Semiconductor
The Europe logistics automation market was valued at US$ 10,084.34 million in 2022 and is expected to reach US$ 25,191.85 million by 2030; it is estimated to register at a CAGR of 12.1% from 2022 to 2030.
SMEs implementing Supply Chain Logistics Drives Europe Logistics Automation Market
Small and medium-sized enterprises (SMEs) are vital to most economies, particularly those in developing countries. SMEs make up most enterprises globally, and they play a significant role in employment creation and global economic development. They account for ~90% of firms and more than 50% of global employment. In emerging economies, formal SMEs generate up to 40% of GDP. When informal SMEs are included, these figures skyrocket. SMEs rely heavily on strong transport systems for expansion, which makes logistics a vital component of their operations. SMEs can benefit greatly from dependable logistics partners who use proper 3PL technologies. Their storage knowledge, extensive network with 3PL suppliers across the country, and ability to handle deliveries during peak demand cycles make them important for SMEs. Many powerful companies, including Delhivery, BlackBuck, Rivigo, and Shadowfax, are optimizing India's supply chain systems. TruckBhejo, which includes retail majors, grocery, telecom, FMCG, and e-commerce as clients, caters to all three miles of logistics: first, middle, and last.
Growing technological advancements have encouraged the adoption of robots in various industries. Logistics automation is becoming essential for retailers owing to the growing retail and e-commerce sectors worldwide. Market players are trying to achieve omnichannel and online strategies. Thus, logistics automation is necessary for retailers. Logistics automation ensures inventory management, tracking, reporting and forecasting, packaging, transportation of goods, and warehouse management. The retailers attract customers by providing free and fast delivery options. Thus, various industries are shifting toward adopting logistics automation to achieve effective supply chain processes and gain a competitive advantage to maintain their strong presence in the market. Continuous technological advancements and the rise in demand for automation positively impact the global market.
Europe is a technologically advanced region. The growth of e-commerce and online retail sectors in the region fuels the demand for diverse types of warehouses such as parcel sorting centers, mega fulfillment centers (merchandise storage and pick-up), local parcel delivery centers, return processing centers, dot.com warehouses (fulfillment of online orders), and local delivery centers (for same-day deliveries). The warehouse and storage market in Europe has grown annually by ~2-3% due to online retail and e-commerce growth. These factors contribute to the high market growth in this region.
Europe Logistics Automation Market Revenue and Forecast to 2030 (US$ Million)
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Europe Logistics Automation Strategic Insights
Strategic insights for the Europe Logistics Automation provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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Europe Logistics Automation Report Scope
Report Attribute
Details
Market size in 2022
US$ 10,084.34 Million
Market Size by 2030
US$ 25,191.85 Million
Global CAGR (2022 - 2030)
12.1%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Component
Hardware
Software
Services
By Mode of Freight Transport
Land
Water
Air
By End-user Industry
Manufacturing
Retail and E-Commerce
Oil and Gas
Food and Beverages
Automotive
Healthcare and Pharmaceutical
Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Market leaders and key company profiles
BEUMER Group GmbH & co KG
Daifuku Co Ltd
Dematic Corp
Honeywell Intonational Inc
KNAPP AG
Mecalux SA
Swisslog Holding AG
TGW Logistics Group GmbH
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Europe Logistics Automation Regional Insights
The geographic scope of the Europe Logistics Automation refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Europe Logistics Automation Market Segmentation
The Europe logistics automation market is segmented based on component, mode of freight transport, application, end-user industry, and country.
Based on component, the Europe logistics automation market is segmented into hardware, software, and services. The hardware held the largest share in 2022.
In terms of mode of freight transport, the Europe logistics automation market is segmented into land, water, and air. The land segment held the largest share in 2022.
By application, the Europe logistics automation market is bifurcated into warehouse management and transportation management. The warehouse management segment held a larger share in 2022.
In terms of end-user industry, the Europe logistics automation market is segmented into manufacturing, retail and e-commerce, oil and gas, food and beverages, automotive, healthcare and pharmaceutical, and others. The manufacturing segment held the largest share in 2022.
Based on country, the Europe logistics automation market is categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe logistics automation market in 2022.
BEUMER Group GmbH & co KG, Daifuku Co Ltd, Dematic Corp, Honeywell Intonational Inc, KNAPP AG, Mecalux SA, Swisslog Holding AG, and TGW Logistics Group GmbH are some of the leading companies operating in the Europe logistics automation market.
Identical Market Reports with other Region/Countries
The List of Companies - Europe Logistics Automation Market
1. BEUMER Group GmbH & co KG 2. Daifuku Co Ltd 3. Dematic Corp 4. Honeywell Intonational Inc 5. KNAPP AG 6. Mecalux SA 7. Swisslog Holding AG 8. TGW Logistics Group GmbH
Frequently Asked Questions
How big is the Europe Logistics Automation Market?
The Europe Logistics Automation Market is valued at US$ 10,084.34 Million in 2022, it is projected to reach US$ 25,191.85 Million by 2030.
What is the CAGR for Europe Logistics Automation Market by (2022 - 2030)?
As per our report Europe Logistics Automation Market, the market size is valued at US$ 10,084.34 Million in 2022, projecting it to reach US$ 25,191.85 Million by 2030. This translates to a CAGR of approximately 12.1% during the forecast period.
What segments are covered in this report?
The Europe Logistics Automation Market report typically cover these key segments-
Component (Hardware, Software, Services)
Mode of Freight Transport (Land, Water, Air)
End-user Industry (Manufacturing, Retail and E-Commerce, Oil and Gas, Food and Beverages, Automotive, Healthcare and Pharmaceutical)
What is the historic period, base year, and forecast period taken for Europe Logistics Automation Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Logistics Automation Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in Europe Logistics Automation Market?
The Europe Logistics Automation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
BEUMER Group GmbH & co KG
Daifuku Co Ltd
Dematic Corp
Honeywell Intonational Inc
KNAPP AG
Mecalux SA
Swisslog Holding AG
TGW Logistics Group GmbH
Who should buy this report?
The Europe Logistics Automation Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Europe Logistics Automation Market value chain can benefit from the information contained in a comprehensive market report.
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WHAT'S INCLUDED IN FULL REPORT : Market Dynamics,
Competitive Analysis and Assessment, Define Business Strategies, Market Outlook and
Trends, Market Size and Share Analysis, Growth Driving Factors, Future Commercial
Potential, Identify Regional Growth Engines