Market revenue in 2023 | USD 7,572.1 million |
Market revenue in 2030 | USD 19,859.8 million |
Growth rate | 14.8% (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 |
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 |
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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 66.38% in 2023. Horizon Databook has segmented the Europe logistics automation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
According to the 2023 technology and innovation report by the United Nations Conference, European countries such as Sweden, the Netherlands, Germany, and Finland were ranked among the top 10 on the frontier technology readiness index in 2022.
The well-developed technological infrastructure in the region is expected to positively impact the growth of the European logistics automation market.
The leading logistics automation companies in Europe include Cargotec, a Finland-based company; KNAPP AG and TGW Logistics Group, an Austria-based company; and Swisslog Holding AG, a Switzerland based company.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe logistics automation market , including forecasts for subscribers. This continent databook contains high-level insights into Europe logistics automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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