The Europe Logistics Automation Market would witness market growth of 11.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Logistics Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,462.8 million by 2031. The UK market is exhibiting a CAGR of 11.1% during (2024 - 2031). Additionally, The France market would experience a CAGR of 12.6% during (2024 - 2031).
Logistics automation's center lies in handling repetitive and time-sensitive tasks with minimal human intervention. Robotics has become a game-changer in this space, with robotic pickers, automated guided vehicles (AGVs), and autonomous forklifts revolutionizing warehouse operations. These technologies boost productivity and reduce the likelihood of errors, ensuring that businesses can meet high customer expectations.
Additionally, IoT-enabled devices are enhancing visibility and real-time monitoring across supply chains. Sensors, GPS trackers, and RFID technology allow for precise tracking of shipments, inventory levels, and environmental conditions, providing businesses with the data needed to make informed decisions and improve efficiency.
The logistics automation market in Europe is undergoing significant development, which is being driven by the rapid expansion of e-commerce, the adoption of automation and AI, and the increasing digitalization of key industries such as consumer electronics and medical devices. According to Eurostat, the European Union enterprises' share in e-sales rose from 16.4% in 2012 to 22.9% in 2022, underscoring the growing reliance on digital commerce. European Union policies promoting sustainability and digital transformation in logistics further accelerate the adoption of advanced technologies, including AI-powered automation and IoT-enabled solutions, to enhance operational efficiency and meet evolving market demands.
Free Valuable Insights: The Global Logistics Automation Market will Hit USD 84.97 Billion by 2031, at a CAGR of 12.2%
Based on Enterprise Type, the market is segmented into Large Enterprises, and SMEs. Based on Logistics Type, the market is segmented into Sales Logistics, Production Logistics, Recovery Logistics, and Procurement Logistics. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Transport Management, Warehouse Management, Labor Management, and Other Applications. Based on Industry, the market is segmented into Retail & E-commerce, Food & Beverages, Healthcare & Pharma, Aerospace & Defense, Energy & Utility, Automotive, and Other Industries. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Enterprise Type
By Logistics Type
By Component
By Application
By Industry
By Country
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