Brazil Logistics Automation Market Size & Outlook
Brazil logistics automation market, 2018-2030 (US$M)
Related Markets
Brazil logistics automation market highlights
- The Brazil logistics automation market generated a revenue of USD 1,280.4 million in 2023 and is expected to reach USD 3,271.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 14.3% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Logistics automation market data book summary
| Market revenue in 2023 | USD 1,280.4 million |
| Market revenue in 2030 | USD 3,271.8 million |
| Growth rate | 14.3% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | KION GROUP AG, Daifuku Co Ltd, Honeywell International Inc, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, Murata Manufacturing Co Ltd, Kardex Holding AG Registered Shares, Toyota Industries Corp, Oracle Corp, SAP SE, Kuka Automatisering Robots, KNAPP AG, TGW Logistics Group, Mecalux Espana, BEUMER Group, SSI SCHAEFER, Witron, One Network Enterprises |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.7% of the global logistics automation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil logistics automation market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 3,271.8 million by 2030.
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Logistics Automation Market Scope
Logistics Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil logistics automation market outlook
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 65.41% in 2023. Horizon Databook has segmented the Brazil logistics automation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The country’s 5G adoption is expected to favor the adoption of advanced technologies such as big data and analytics, cloud, robotics, and Artificial Intelligence (AI), subsequently favoring the growth of the Brazilian logistics automation market.
The rapid expansion of the e-commerce sector in Brazil can be attributed to special promotions and growing customer preference for convenience. The COVID-19 pandemic accelerated the growth of online sales in the country.
Businesses focusing on monetizing the growth opportunities in the country’s booming e-commerce sector are expected to adopt material handling integration systems to improve e-commerce fulfillment and customer satisfaction.
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Target buyers of Brazil logistics automation market databook
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Our clientele includes a mix of logistics automation market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil logistics automation market , including forecasts for subscribers. This country databook contains high-level insights into Brazil logistics automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil logistics automation market size, by component, 2018-2030 (US$M)
Brazil Logistics Automation Market Outlook Share, 2023 & 2030 (US$M)
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