Market revenue in 2023 | USD 34,556.3 million |
Market revenue in 2030 | USD 90,001.1 million |
Growth rate | 14.7% (CAGR from 2023 to 2030) |
Largest segment | Hardware |
Fastest growing segment | Services |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hardware, Software, Services |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to logistics automation market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 66.63% in 2023. Horizon Databook has segmented the Global logistics automation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Horizon Databook provides a detailed overview of global-level data and insights on the Global logistics automation market , including forecasts for subscribers. This global databook contains high-level insights into Global logistics automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
North America | 7,445.0 | 8,153.7 | 8,956.8 | 9,889.0 | 10,976.6 | 12,260.6 | 13,781.7 | 15,585.0 | 17,738.1 | 20,309.0 | 23,414.9 | 27,157.1 | 31,687.3 | 14.5% |
Europe | 4,550.0 | 4,993.6 | 5,496.9 | 6,081.8 | 6,764.9 | 7,572.1 | 8,529.4 | 9,665.8 | 11,024.2 | 12,648.6 | 14,613.6 | 16,984.8 | 19,859.8 | 14.8% |
Asia Pacific | 5,631.6 | 6,200.5 | 6,847.5 | 7,600.5 | 8,481.3 | 9,523.7 | 10,762.0 | 12,234.9 | 13,999.0 | 16,113.0 | 18,675.8 | 21,775.5 | 25,542.8 | 15.1% |
Latin America | 1,926.1 | 2,100.2 | 2,297.0 | 2,525.0 | 2,790.4 | 3,103.2 | 3,472.8 | 3,909.9 | 4,430.5 | 5,050.2 | 5,796.9 | 6,693.8 | 7,776.0 | 14.0% |
MEA | 1,315.9 | 1,432.2 | 1,563.3 | 1,714.6 | 1,890.4 | 2,096.8 | 2,340.3 | 2,627.5 | 2,968.2 | 3,372.4 | 3,857.6 | 4,437.9 | 5,135.2 | 13.7% |
Overall | 20,868.6 | 22,880.3 | 25,161.5 | 27,810.9 | 30,903.6 | 34,556.3 | 38,886.2 | 44,023.1 | 50,159.9 | 57,493.3 | 66,358.7 | 77,049.1 | 90,001.1 | 14.7% |
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