Europe Logistics Automation Market Trends, Size, Segment and Growth by Forecast to 2030

Logistics Automation Market

The Europe logistics automation market is experiencing significant growth, driven by the increasing adoption of technology, the expansion of e-commerce, and the vital role of small and medium-sized enterprises (SMEs). The market was valued at US$ 10,084.34 million in 2022 and is projected to reach US$ 25,191.85 million by 2030, demonstrating a compound annual growth rate (CAGR) of 12.1% from 2022 to 2030.

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SMEs Driving Market Growth

SMEs are crucial to global economies, making up approximately 90% of businesses and employing over 50% of the global workforce. Their reliance on efficient transport and logistics makes them key drivers for the Europe logistics automation market. Dependable logistics partners, particularly those leveraging 3PL (third-party logistics) technologies, offer SMEs essential support in storage, network access, and peak demand handling. Companies like Delhivery, BlackBuck, Rivigo, and Shadowfax are optimizing supply chain systems, with examples like TruckBhejo catering to various sectors, including retail, grocery, telecom, FMCG, and e-commerce, across all stages of logistics. This widespread deployment of SMEs significantly boosts the demand for logistics automation.

Overview of the Europe Logistics Automation Market

The increasing sophistication of technology has led to a surge in the adoption of robotics across various industries. For retailers, logistics automation has become indispensable due to the global expansion of the retail and e-commerce sectors. To effectively implement omnichannel and online strategies, retailers need automated solutions for inventory management, tracking, reporting and forecasting, packaging, transportation, and warehouse management. The drive to offer attractive incentives like free and fast delivery options further pushes industries toward adopting logistics automation. This shift enables businesses to achieve efficient supply chain processes, gain a competitive edge, and maintain a strong market presence. The continuous advancements in technology and the rising demand for automation are positively influencing the market's global trajectory.

Europe's Technological Edge Fuels Demand

As a technologically advanced region, Europe is particularly well-positioned for growth in logistics automation. The booming e-commerce and online retail sectors in the region are fueling the demand for diverse types of warehouses, including:

• Parcel sorting centers
• Mega fulfillment centers (for merchandise storage and pick-up)
• Local parcel delivery centers
• Return processing centers
• Dot.com warehouses (for fulfilling online orders)
• Local delivery centers (for same-day deliveries)

The European warehouse and storage market has seen an annual growth of approximately 2-3%, largely attributed to the expansion of online retail and e-commerce. These factors collectively contribute to the high market growth observed in the region.

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.

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

Regional Insights into the Europe Logistics Automation Market
The geographic scope of the Europe logistics automation market encompasses the distinct regions where businesses operate and compete. Success in this market hinges on a deep understanding of local nuances—ranging from consumer preferences (such as specific plug types or backup power requirements) to economic conditions and regulatory frameworks. Companies that identify and adapt to these regional differences can unlock growth opportunities by targeting underserved markets or customizing their solutions to fit local needs. A well-defined market focus enables businesses to optimize resource allocation, execute precise marketing strategies, and strengthen their competitive edge, ultimately accelerating growth in strategically chosen regions.

Here's a rewritten overview of the Europe logistics automation market segmentation:

Europe Logistics Automation Market: A Segmented Overview

The Europe logistics automation market is segmented across several key areas: component, mode of freight transport, application, end-user industry, and country.

Key Market Segments and 2022 Leaders:

• Component: This segment includes hardware, software, and services. In 2022, hardware held the largest market share.
• Mode of Freight Transport: The market is divided into land, water, and air transport. The land segment accounted for the largest share in 2022.
• Application: The two main applications are warehouse management and transportation management. Warehouse management held the larger share in 2022.
• End-User Industry: This segment comprises manufacturing, retail and e-commerce, oil and gas, food and beverages, automotive, healthcare and pharmaceutical, and others. Manufacturing was the dominant end-user industry in 2022.
• Country: The market is analyzed across Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany led the Europe logistics automation market in 2022.

Leading Companies:

Several prominent companies operate within the Europe logistics automation market, including:

• BEUMER Group GmbH & Co KG
• Daifuku Co Ltd
• Dematic Corp
• Honeywell International Inc
• KNAPP AG
• Mecalux SA
• Swisslog Holding AG
• TGW Logistics Group GmbH

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Author's Bio
Akshay
Senior Market Research Expert at Business Market Insights