China Logistics Automation Market Size & Outlook
China logistics automation market, 2018-2030 (US$M)
Related Markets
China logistics automation market highlights
- The China logistics automation market generated a revenue of USD 4,329.1 million in 2023 and is expected to reach USD 11,701.2 million by 2030.
- The China market is expected to grow at a CAGR of 15.3% 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 4,329.1 million |
| Market revenue in 2030 | USD 11,701.2 million |
| Growth rate | 15.3% (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, China accounted for 12.5% 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 Asia Pacific, China logistics automation market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,080.5 million by 2030.
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Logistics Automation Market Scope
Logistics Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 68% in 2023. Horizon Databook has segmented the China logistics automation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
According to the United Nations Conference on Trade and Development (UNCTAD)’s technology and innovation report 2023, between 2000 and 2021, China secured a top position in generating patents on frontier technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), and big data, producing a total of 536,115 patents.
China’s industrial sector is the largest in the world. According to the State Council Information Office (SCIO) of China, the total value-added industrial production in China accounted for USD 6 trillion in 2022. Moreover, equipment and high-tech manufacturing grew by 5.6% and 7.4%, respectively in 2022.
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Target buyers of China 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China logistics automation market , including forecasts for subscribers. This country databook contains high-level insights into China logistics automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China logistics automation market size, by component, 2018-2030 (US$M)
China Logistics Automation Market Outlook Share, 2023 & 2030 (US$M)
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