Germany Logistics Automation Market Size & Outlook
Germany logistics automation market, 2018-2030 (US$M)
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Germany logistics automation market highlights
- The Germany logistics automation market generated a revenue of USD 1,537.6 million in 2023 and is expected to reach USD 4,015.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 14.7% 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 1,537.6 million |
| Market revenue in 2030 | USD 4,015.7 million |
| Growth rate | 14.7% (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, Germany accounted for 4.4% 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 Europe, Germany logistics automation market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 3,537.0 million by 2030.
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Logistics Automation Market Scope
Logistics Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 67.4% in 2023. Horizon Databook has segmented the Germany logistics automation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Moreover, Germany has a booming Robotics & Automation (R&A) industry. According to the International Federation of Robotics (IFR), in 2021, the number of installed robots in Germany increased by 6% and accounted for 23,777 new units.
Owing to the promising growth prospects offered by the German market, logistics automation companies are focusing on expanding their presence in Germany. For instance, in February 2023, KION GROUP AG announced that it is building a new automated spare parts distribution center in Aschaffenburg, Germany.
The distribution center is expected to be ready by 2025 and have a floor space of around 22,000 square meters. The distribution center would feature warehouse automation solutions such as conveyors and Autonomous Mobile Robots (AMRs) to reduce processing times and improve customer services.
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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 Germany logistics automation market , including forecasts for subscribers. This country databook contains high-level insights into Germany logistics automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany logistics automation market size, by component, 2018-2030 (US$M)
Germany Logistics Automation Market Outlook Share, 2023 & 2030 (US$M)
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