North America Logistics Automation Market Size & Outlook
North America logistics automation market, 2018-2030 (US$M)
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North America logistics automation market highlights
- The North America logistics automation market generated a revenue of USD 12,260.6 million in 2023.
- The market is expected to grow at a CAGR of 14.5% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 12,260.6 million |
| Market revenue in 2030 | USD 31,687.3 million |
| Growth rate | 14.5% (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 |
Other key industry trends
- In terms of revenue, North America region accounted for 35.5% of the global logistics automation market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25,542.8 million by 2030.
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Logistics Automation Market Scope
Logistics Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 66.58% in 2023. Horizon Databook has segmented the North America logistics automation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
North America is a technologically advanced region, with the significant presence of various technology companies and a high adoption rate of the internet and smartphone.
Moreover, the region is home to several logistics automation solution providers, and developments in the field of automation are encouraged by governments, especially in the U.S. and Canada, through R&D investments to drive innovations.
In May 2023, the U.S. government’s National Science Foundation (NSF) announced an investment of USD 140 million to launch seven new Artificial Intelligence (AI) research institutes. This investment is expected to bring the total number of institutes to 25.
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Target buyers of North America 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 continent-level data and insights on the North America logistics automation market , including forecasts for subscribers. This continent databook contains high-level insights into North America logistics automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America logistics automation market size, by country, 2018-2030 (US$M)
North America Logistics Automation Market Outlook Share, 2023 & 2030 (US$M)
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