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

North America Logistics Automation Market Poised for Significant Growth

The North American logistics automation market was valued at US$ 12,454.02 million in 2022 and is projected to reach US$ 28,794.65 million by 2030, growing at a CAGR of 11.0% from 2022 to 2030.

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Autonomous Trucks and Platooning Drive Market Expansion

As technology advances, the adoption of automation is accelerating across industries, particularly in manufacturing and retail. Automation has significantly reduced human errors and operational costs in these sectors by minimizing manual intervention.

A key innovation driving logistics automation is the development of autonomous trucks and truck platooning. This technology integrates advanced connectivity solutions and automated driving support systems to enhance the efficiency of logistics services. In a truck platoon, multiple trucks travel in close formation, communicating seamlessly to adjust speed and movement. The lead truck dictates the pace, while the following trucks adapt automatically without requiring driver input.

Truck platooning offers several benefits, including safer road travel, reduced fuel consumption, and enhanced operational efficiency. Companies like Scania are investing heavily in semi-autonomous platooning, where a human-driven lead truck controls a convoy of unmanned follower trucks, further optimizing logistics operations.

As adoption increases, these advancements are expected to play a pivotal role in transforming North America’s logistics landscape.

North America Logistics Automation Market Overview
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.

North America is an early adopter of technologies and has a sound IT infrastructure, with the US being the headquarters for many large logistics automation firms. The growth of the North America North America logistics automation market can be attributed to the rise in investment by industries such as manufacturing and automotive to automate their processes. Furthermore, the increasing government initiative to promote the adoption of automation across production facilities is boosting the demand for automotive solutions. For instance, the US President’s “Made in America” initiative is encouraging the adoption of automated solutions in the manufacturing sector. The rising retail & e-commerce industry is contributing to the adoption of automation in warehouses and logistic facilities. This is one of the crucial factors boosting the growth of the North America logistics automation market.

North America Logistics Automation Strategic Insights

Strategic insights for the North America 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.

North America Logistics Automation Report Scope

North America Logistics Automation Regional Insights

The geographic scope of the North America 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.

North America Logistics Automation Market Segmentation

The North America logistics automation market is segmented based on component, mode of freight transport, application, end-user industry, and country.

Based on component, the North America 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 North America logistics automation market is segmented into land, water, and air. The land segment held the largest share in 2022.

By application, the North America 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 North America 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 North America logistics automation market is categorized into US, Canada, and Mexico. The US dominated the North America 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, TGW Logistics Group GmbH, Toshiba Infrastructure Systems and Solutions Corp are some of the leading companies operating in the North America logistics automation market.

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