Logistics automation market will be 147.4 billion dollars in 2030

Logistics automation market will be 147.4 billion dollars in 2030
Logistics automation market will be 147.4 billion dollars in 2030

The market of logistics automation is expanding rapidly.

According to Value Reports, the global logistics automation market was valued at $49.7 billion in 2020, and is projected to reach $147.4 billion by 2030.

It will grow at a CAGR of 11.9% from 2021 to 2030, according to the report.

The growing need to optimize operations, boost productivity and save costs on supply chain They are its main triggers.

New advances in technology are revolutionizing traditional logistics procedures, especially in the areas of robots, artificial intelligence and data analysis.

Furthermore, the need for monitoring and visibility in real time, the increasing complexity of International Trade and the increase in the activities of e-commerce They are promoting the use of logistics automation systems.

Warehouse automation

An important factor driving market development is the persistent trend towards automation of warehouses.

The elabor shortage and the need for faster order fulfillment are driving such automation.

The strategic need to establish the agility and scalability in logistics operations is highlighted by the integration of automation technology.

In industry, precision and efficiency are essential.

Measure procedures from order fulfillment to Inventory management Through logistics automation, it reduces errors and increases production.

Complex processes such as inventory management, assembly line replenishment and packaging can be improved with automated systems, helping companies effectively adapt to variations in demand. demand.

Companies’ pursuit of just-in-time manufacturing has made logistics automation crucial to streamlining production procedures. supply chain and preserve competitive advantage.

 
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