- Logistics automation, which involves the use of robotics, AI, and IoT for streamlining supply chain and warehouse operations, is rapidly becoming a crucial element in both industrial and retail sectors due to its ability to enhance operational efficiency, reduce human error, and enable real-time data analysis
- The increasing demand for logistics automation is largely driven by the need for faster, cost-efficient supply chain operations, the rising adoption of e-commerce platforms, and the growing complexity of global trade networks
- North America is expected to dominate the logistics automation market, holding the largest revenue share of 40%, due to its advanced infrastructure, early adoption of technology, and a high level of investment from both private companies and government initiatives in automation and smart logistics solutions
- Asia-Pacific is projected to be the fastest-growing region in the logistics automation market during the forecast period, driven by rapid industrialization, expanding e-commerce, and a surge in demand for efficient logistics solutions in countries such as China and India
- Hardware segment is expected to dominate the logistics automation market with a largest market share of 67.1%, due to the increasing demand for automated transportation, the autonomous robots category holds the largest market share among hardware solutions. Autonomous guided vehicles are expected to draw most of the spending in autonomous robots
