REPORT SCOPE & OVERVIEW
The Logistics Automation Market size was USD 30.91 billion in 2022 and is expected to Reach USD 93.8 billion by 2030 and grow at a CAGR of 14.9 % over the forecast period of 2023-2030
The logistics automation market is growing rapidly due to the increasing demand for efficiency and cost savings in the logistics industry. Automation of logistical processes, such as data management, transfer, storage, and retrieval, can be accomplished with the help of hardware and software. The efficiency, error, and turnaround times are all increased by automating these activities. Autonomous robots, conveyor systems, and automated storage systems make it simple to manage higher volumes, which helps organizations scale up. The Warehouse automation segment has the largest market share in the logistics automation market. This is due to the increasing demand for warehouse automation solutions from businesses and organizations that are looking to improve efficiency and productivity in their warehouses. the warehouse automation segment is expected to grow at a rate of 12.2% from 2023 to 2030. Automation technology can help to increase workplace safety since automated systems can lower the likelihood of accidents, stop work-related injuries, and make the workplace safer for employees. Injuries caused by lifting and bending are decreased in the workplace with robotic lifting equipment. Additionally, automatic systems continuously monitor performance. This makes it possible for automated systems to react to emergencies considerably more quickly than human reactions. Automated systems stop equipment from operating or alert staff before a potentially dangerous condition worsens, preventing accidents and equipment damage. The logistics industry is facing a shortage of labour, particularly in developed countries. Automation can help to alleviate this shortage by automating tasks that are currently performed by humans. The fourth industrial revolution is referred to as "industry 4.0." It describes the manufacturing industry's growing trend toward automation and data interchange technology and processes. Several businesses, like Amazon, Fetch, DHL, Ceva Logistics, and Geek+, already use robotic solutions, such as autonomous mobile robots, to automate warehouse or distribution center operations. Governments around the world are providing support for logistics automation.
MARKET DYNAMICS
KEY DRIVERS
Increased focus on customer service driving the market growth.
Growing demand for efficiency
Customers are demanding faster and more reliable delivery times. Automation can help to improve customer service by providing real-time tracking, notifications, and refunds.
RESTRAIN
Data security and privacy concerns
The upfront cost of implementing logistics automation can be high. This can be a barrier for small and medium-sized businesses.
Logistics automation involves the collection and processing of large amounts of data. This raises concerns about data security and privacy.
OPPORTUNITY
Development of new technologies
Growing adoption of cloud computing
The development of new technologies, such as artificial intelligence, robotics, and the Internet of Things, is creating new opportunities for logistics automation. These technologies can be used to automate even more tasks and improve efficiency even further.
CHALLENGES
Complexity of implementation
Logistics automation can be complex to implement and manage. This requires specialized skills and knowledge that may not be available in-house.
IMPACT OF RUSSIAN UKRAINE WAR
The Russia-Ukraine war has had a significant impact on the logistics automation market. The war has disrupted supply chains, increased transportation costs, and caused shortages of raw materials and components. This has led to delays in shipments, higher prices, and decreased demand for logistics automation solutions. KION Group is a German company that manufactures forklifts and other material handling equipment. The company has reported that the war has caused shortages of components and increased transportation costs. This has led to delays in shipments and decreased demand for KION's products. The Russia-Ukraine war is a major challenge for the logistics automation market. However, it is also an opportunity for companies that are able to adapt and offer solutions that can help businesses overcome the challenges posed by the war. The companies that are able to do this are likely to emerge as winners in the long term.
IMPACT OF ONGOING RECESSION
Businesses are cutting expenses as a result of the crisis, which is resulting in a decline in investment in logistics automation. In addition, the recession is disrupting the supply chain, which increases the difficulty and cost of putting logistics automation systems in place. Reduced investment in logistics automation is a result of the retail sector's diminishing sales. Additionally, the recession is disrupting the supply chain, which increases the difficulty and cost of shipping items to shops. The Association for Supply Chain Management (ASSCM) forecasts a 5% reduction in the logistics automation market by 2023. The market is, however, also undergoing significant changes that could eventually strengthen its resilience. companies that are able to adapt to the new reality and invest in logistics automation are likely to be well-positioned for success in the years to come.
KEY MARKET SEGMENTS
By Component
Hardware
Software
Service
By Function
Inventory Management
Transportation Management
By Organization Size
Large Enterprise
Small and Medium Size Enterprise
By End-User
Manufacturing
Healthcare
Fast-Moving Consumer Goods
Retail
E-commerce
Automotive
Others
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Region Coverage:
North America
USA
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
REGIONAL ANALYSIS
North America had the largest regional market, with a market share of 33.64% in 2022. The expansion of the region can be linked to the presence in North America of multiple providers of logistics automation solutions and numerous logistical behemoths, like UPS, DHL, and FedEx Corporation, among others. Additionally, the target market's expansion is aided by the region's rapid adoption of contemporary technology and the presence of contemporary infrastructure. Due to the nation's e-commerce sector's explosive growth, the U.S. is anticipated to maintain its leadership over the projection period.
The Asia-Pacific region is predicted to be the fastest at Over the projected period, the CAGR is 17.2%. In particular, e-commerce is predicted to increase quickly throughout the Asia Pacific. Additionally, the Asia-Pacific region is home to various nations that serve as logistical hubs, including Singapore, Indonesia, China, India, etc. The need for logistics automation is also anticipated to increase significantly throughout the projected period as a result of the growing adoption of Industry 4.0 and the improvement of technology in nations like China, India, Japan, and Southeast Asia.
KEY PLAYERS
The major key players in the Logistics Automation Market are Murata Machinery, Ltd., Honeywell International Inc., Jungheinrich AG, Daifuku Co., Ltd., SSI Schaefer Group, Knapp AG, Mecalux, S.A., Kion Group AG, TGW Logistics Group GmbH, Beumer Group GmbH & Co. KG, Dematic Corp, and other players.
RECENT DEVELOPMENTS
FedEx:
In August 2021, FedEx subsidiary FedEx Ground implemented a new AI-enabled robotics system to handle thousands of small packages daily as it seeks new innovations to meet demand in e-commerce delivery. The robotic product operates at FedEx Ground’s station in Queens, New York. In addition, it can autonomously pick, identify, sort, collect, and containerize small packages at scale.
SAP SE:
In September 2020, SAP SE announced extended partnerships with Clear Metal, Project44, and Shippeo. Through these partnerships, the companies will become members of the SAP Logistics Business Network, a collaborative cloud network to share insights on the supply chain and gain transparency in the networks
| Report Attributes | Details |
| Market Size in 2022 | US$ 30.91 Bn |
| Market Size by 2030 | US$ 93.8 Bn |
| CAGR | CAGR of 14.9 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Component (Hardware, Software, Services) • By Function (Inventory Management, Transportation Management) • By Organization Size (Small and Medium Enterprises, Large Enterprises) • By End-User (Manufacturing, Healthcare, Fast-Moving Consumer Goods, Retail, E-commerce, Automotive, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Murata Machinery, Ltd., Honeywell International Inc., Jungheinrich AG, Daifuku Co., Ltd., SSI Schaefer Group, Knapp AG, Mecalux, S.A., Kion Group AG, TGW Logistics Group GmbH, Beumer Group GmbH & Co. KG, Dematic Corp |
| Key Drivers | • Increased focus on customer service driving the market growth. • Growing demand for efficiency |
| Market Restraints | • Data security and privacy concerns • The upfront cost of implementing logistics automation can be high. This can be a barrier for small and medium-sized businesses. |
Ans. The Compound Annual Growth rate for Logistics Automation Market over the forecast period is 14.9 %.
Ans. USD 93.8 Billion is the Company's projected Logistics Automation Market size by 2030.
Ans. Major players operating in the logistics automation market include Dematic Corp., Daifuku Co. Limited, Swisslog Holding AG, Honeywell International Inc., Jungheinrich AG, Murata Machinery Ltd, and Knapp AG.
Ans. The major factors attributing to the growth of the logistics automation market are the rapid growth of the e-commerce sector, which has led to a surge of e-commerce fulfillment centers, increasing adoption of automation equipment such as robots, conveyor systems, and storage systems, and supportive government initiatives to build a robust logistics infrastructure.
Ans. The inventory and storage management function is forecasted to register the highest CAGR of 15.8% from 2023 to 2030. The inventory & storage management ensures the stocks are maintained at optimum levels, and the demand for each product determines the stock levels.
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Ukraine- Russia War
4.2 Impact of Recession
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Logistics Automation Market Segmentation, by Component
8.1 Hardware
8.2 Software
8.3 Service
9. Logistics Automation Market Segmentation, by Function
9.1 Inventory Management
9.2 Transportation Management
10. Logistics Automation Market Segmentation, by Organization Size
10.1 Large Enterprise
10.2 Small and Medium Enterprise
11. Logistics Automation Market Segmentation, by End-User
11.1 Manufacturing
11.2 Healthcare
11.3 Fast-Moving Consumer Goods
11.4 Retail
11.5 E-commerce
11.6 Automotivet
11.8 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Logistics Automation Market by Country
12.2.2North America Logistics Automation Market by Component
12.2.3 North America Logistics Automation Market by Function
12.2.4 North America Logistics Automation Market by Organization Size
12.2.5 North America Logistics Automation Market by End-User
12.2.6 USA
12.2.6.1 USA Logistics Automation Market by Component
12.2.6.2 USA Logistics Automation Market by Function
12.2.6.3 USA Logistics Automation Market by Organization Size
12.2.6.4 USA Logistics Automation Market by End-User
12.2.7 Canada
12.2.7.1 Canada Logistics Automation Market by Component
12.2.7.2 Canada Logistics Automation Market by Function
12.2.7.3 Canada Logistics Automation Market by Organization Size
12.2.7.4 Canada Logistics Automation Market by End-User
12.2.8 Mexico
12.2.8.1 Mexico Logistics Automation Market by Component
12.2.8.2 Mexico Logistics Automation Market by Function
12.2.8.3 Mexico Logistics Automation Market by Organization Size
12.2.8.4 Mexico Logistics Automation Market by End-User
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Logistics Automation Market by Country
12.3.1.2 Eastern Europe Logistics Automation Market by Component
12.3.1.3 Eastern Europe Logistics Automation Market by Function
12.3.1.4 Eastern Europe Logistics Automation Market by Organization Size
12.3.1.5 Eastern Europe Logistics Automation Market by End-User
12.3.1.6 Poland
12.3.1.6.1 Poland Logistics Automation Market by Component
12.3.1.6.2 Poland Logistics Automation Market by Function
12.3.1.6.3 Poland Logistics Automation Market by Organization Size
12.3.1.6.4 Poland Logistics Automation Market by End-User
12.3.1.7 Romania
12.3.1.7.1 Romania Logistics Automation Market by Component
12.3.1.7.2 Romania Logistics Automation Market by Function
12.3.1.7.3 Romania Logistics Automation Market by Organization Size
12.3.1.7.4 Romania Logistics Automation Market by End-User
12.3.1.8 Hungary
12.3.1.8.1 Hungary Logistics Automation Market by Component
12.3.1.8.2 Hungary Logistics Automation Market by Function
12.3.1.8.3 Hungary Logistics Automation Market by Organization Size
12.3.1.8.4 Hungary Logistics Automation Market by End-User
12.3.1.9 Turkey
12.3.1.9.1 Turkey Logistics Automation Market by Component
12.3.1.9.2 Turkey Logistics Automation Market by Function
12.3.1.9.3 Turkey Logistics Automation Market by Organization Size
12.3.1.9.4 Turkey Logistics Automation Market by End-User
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Logistics Automation Market by Component
12.3.1.10.2 Rest of Eastern Europe Logistics Automation Market by Function
12.3.1.10.3 Rest of Eastern Europe Logistics Automation Market by Organization Size
12.3.1.10.4 Rest of Eastern Europe Logistics Automation Market by End-User
12.3.2 Western Europe
12.3.2.1 Western Europe Logistics Automation Market by Country
12.3.2.2 Western Europe Logistics Automation Market by Component
12.3.2.3 Western Europe Logistics Automation Market by Function
12.3.2.4 Western Europe Logistics Automation Market by Organization Size
12.3.2.5 Western Europe Logistics Automation Market by End-User
12.3.2.6 Germany
12.3.2.6.1 Germany Logistics Automation Market by Component
12.3.2.6.2 Germany Logistics Automation Market by Function
12.3.2.6.3 Germany Logistics Automation Market by Organization Size
12.3.2.6.4 Germany Logistics Automation Market by End-User
12.3.2.7 France
12.3.2.7.1 France Logistics Automation Market by Component
12.3.2.7.2 France Logistics Automation Market by Function
12.3.2.7.3 France Logistics Automation Market by Organization Size
12.3.2.7.4 France Logistics Automation Market by End-User
12.3.2.8 UK
12.3.2.8.1 UK Logistics Automation Market by Component
12.3.2.8.2 UK Logistics Automation Market by Function
12.3.2.8.3 UK Logistics Automation Market by Organization Size
12.3.2.8.4 UK Logistics Automation Market by End-User
12.3.2.9 Italy
12.3.2.9.1 Italy Logistics Automation Market by Component
12.3.2.9.2 Italy Logistics Automation Market by Function
12.3.2.9.3 Italy Logistics Automation Market by Organization Size
12.3.2.9.4 Italy Logistics Automation Market by End-User
12.3.2.10 Spain
12.3.2.10.1 Spain Logistics Automation Market by Component
12.3.2.10.2 Spain Logistics Automation Market by Function
12.3.2.10.3 Spain Logistics Automation Market by Organization Size
12.3.2.10.4 Spain Logistics Automation Market by End-User
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Logistics Automation Market by Component
12.3.2.11.2 Netherlands Logistics Automation Market by Function
12.3.2.11.3 Netherlands Logistics Automation Market by Organization Size
12.3.2.11.4 Netherlands Logistics Automation Market by End-User
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Logistics Automation Market by Component
12.3.2.12.2 Switzerland Logistics Automation Market by Function
12.3.2.12.3 Switzerland Logistics Automation Market by Organization Size
12.3.2.12.4 Switzerland Logistics Automation Market by End-User
12.3.2.13 Austria
12.3.2.13.1 Austria Logistics Automation Market by Component
12.3.2.13.2 Austria Logistics Automation Market by Function
12.3.2.13.3 Austria Logistics Automation Market by Organization Size
12.3.2.13.4 Austria Logistics Automation Market by End-User
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Logistics Automation Market by Component
12.3.2.14.2 Rest of Western Europe Logistics Automation Market by Function
12.3.2.14.3 Rest of Western Europe Logistics Automation Market by Organization Size
12.3.2.14.4 Rest of Western Europe Logistics Automation Market by End-User
12.4 Asia-Pacific
12.4.1 Asia Pacific Logistics Automation Market by Country
12.4.2 Asia Pacific Logistics Automation Market by Component
12.4.3 Asia Pacific Logistics Automation Market by Function
12.4.4 Asia Pacific Logistics Automation Market by Organization Size
12.4.5 Asia Pacific Logistics Automation Market by End-User
12.4.6 China
12.4.6.1 China Logistics Automation Market by Component
12.4.6.2 China Logistics Automation Market by Function
12.4.6.3 China Logistics Automation Market by Organization Size
12.4.6.4 China Logistics Automation Market by End-User
12.4.7 India
12.4.7.1 India Logistics Automation Market by Component
12.4.7.2 India Logistics Automation Market by Function
12.4.7.3 India Logistics Automation Market by Organization Size
12.4.7.4 India Logistics Automation Market by End-User
12.4.8 Japan
12.4.8.1 Japan Logistics Automation Market by Component
12.4.8.2 Japan Logistics Automation Market by Function
12.4.8.3 Japan Logistics Automation Market by Organization Size
12.4.8.4 Japan Logistics Automation Market by End-User
12.4.9 South Korea
12.4.9.1 South Korea Logistics Automation Market by Component
12.4.9.2 South Korea Logistics Automation Market by Function
12.4.9.3 South Korea Logistics Automation Market by Organization Size
12.4.9.4 South Korea Logistics Automation Market by End-User
12.4.10 Vietnam
12.4.10.1 Vietnam Logistics Automation Market by Component
12.4.10.2 Vietnam Logistics Automation Market by Function
12.4.10.3 Vietnam Logistics Automation Market by Organization Size
12.4.10.4 Vietnam Logistics Automation Market by End-User
12.4.11 Singapore
12.4.11.1 Singapore Logistics Automation Market by Component
12.4.11.2 Singapore Logistics Automation Market by Function
12.4.11.3 Singapore Logistics Automation Market by Organization Size
12.4.11.4 Singapore Logistics Automation Market by End-User
12.4.12 Australia
12.4.12.1 Australia Logistics Automation Market by Component
12.4.12.2 Australia Logistics Automation Market by Function
12.4.12.3 Australia Logistics Automation Market by Organization Size
12.4.12.4 Australia Logistics Automation Market by End-User
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Logistics Automation Market by Component
12.4.13.2 Rest of Asia-Pacific Logistics Automation Market by Function
12.4.13.3 Rest of Asia-Pacific Logistics Automation Market by Organization Size
12.4.13.4 Rest of Asia-Pacific Logistics Automation Market by End-User
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Logistics Automation Market by Country
12.5.1.2 Middle East Logistics Automation Market by Component
12.5.1.3 Middle East Logistics Automation Market by Function
12.5.1.4 Middle East Logistics Automation Market by Organization Size
12.5.1.5 Middle East Logistics Automation Market by End-User
12.5.1.6 UAE
12.5.1.6.1 UAE Logistics Automation Market by Component
12.5.1.6.2 UAE Logistics Automation Market by Function
12.5.1.6.3 UAE Logistics Automation Market by Organization Size
12.5.1.6.4 UAE Logistics Automation Market by End-User
12.5.1.7 Egypt
12.5.1.7.1 Egypt Logistics Automation Market by Component
12.5.1.7.2 Egypt Logistics Automation Market by Function
12.5.1.7.3 Egypt Logistics Automation Market by Organization Size
12.5.1.7.4 Egypt Logistics Automation Market by End-User
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Logistics Automation Market by Component
12.5.1.8.2 Saudi Arabia Logistics Automation Market by Function
12.5.1.8.3 Saudi Arabia Logistics Automation Market by Organization Size
12.5.1.8.4 Saudi Arabia Logistics Automation Market by End-User
12.5.1.9 Qatar
12.5.1.9.1 Qatar Logistics Automation Market by Component
12.5.1.9.2 Qatar Logistics Automation Market by Function
12.5.1.9.3 Qatar Logistics Automation Market by Organization Size
12.5.1.9.4 Qatar Logistics Automation Market by End-User
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Logistics Automation Market by Component
12.5.1.10.2 Rest of Middle East Logistics Automation Market by Function
12.5.1.10.3 Rest of Middle East Logistics Automation Market by Organization Size
12.5.1.10.4 Rest of Middle East Logistics Automation Market by End-User
12.5.2. Africa
12.5.2.1 Africa Logistics Automation Market by Country
12.5.2.2 Africa Logistics Automation Market by Component
12.5.2.3 Africa Logistics Automation Market by Function
12.5.2.4 Africa Logistics Automation Market by Organization Size
12.5.2.5 Africa Logistics Automation Market by End-User
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Logistics Automation Market by Component
12.5.2.6.2 Nigeria Logistics Automation Market by Function
12.5.2.6.3 Nigeria Logistics Automation Market by Organization Size
12.5.2.6.4 Nigeria Logistics Automation Market by End-User
12.5.2.7 South Africa
12.5.2.7.1 South Africa Logistics Automation Market by Component
12.5.2.7.2 South Africa Logistics Automation Market by Function
12.5.2.7.3 South Africa Logistics Automation Market by Organization Size
12.5.2.7.4 South Africa Logistics Automation Market by End-User
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Logistics Automation Market by Component
12.5.2.8.2 Rest of Africa Logistics Automation Market by Function
12.5.2.8.3 Rest of Africa Logistics Automation Market by Organization Size
12.5.2.8.4 Rest of Africa Logistics Automation Market by End-User
12.6. Latin America
12.6.1 Latin America Logistics Automation Market by Country
12.6.2 Latin America Logistics Automation Market by Component
12.6.3 Latin America Logistics Automation Market by Function
12.6.4 Latin America Logistics Automation Market by Organization Size
12.6.5 Latin America Logistics Automation Market by End-User
12.6.6 Brazil
12.6.6.1 Brazil Logistics Automation Market by Component
12.6.6.2 Brazil Africa Logistics Automation Market by Function
12.6.6.3 Brazil Logistics Automation Market by Organization Size
12.6.6.4 Brazil Logistics Automation Market by End-User
12.6.7 Argentina
12.6.7.1 Argentina Logistics Automation Market by Component
12.6.7.2 Argentina Logistics Automation Market by Function
12.6.7.3 Argentina Logistics Automation Market by Organization Size
12.6.7.4 Argentina Logistics Automation Market by End-User
12.6.8 Colombia
12.6.8.1 Colombia Logistics Automation Market by Component
12.6.8.2 Colombia Logistics Automation Market by Function
12.6.8.3 Colombia Logistics Automation Market by Organization Size
12.6.8.4 Colombia Logistics Automation Market by End-User
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Logistics Automation Market by Component
12.6.9.2 Rest of Latin America Logistics Automation Market by Function
12.6.9.3 Rest of Latin America Logistics Automation Market by Organization Size
12.6.9.4 Rest of Latin America Logistics Automation Market by End-User
13 Company profile
13.1 Murata Machinery, Ltd.
13.1.1 Company Overview
13.1.2 Financials
13.1.3Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Honeywell International Inc.
13.2.1 Company Overview
13.2.2 Financials
13.2.3Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Jungheinrich AG, Daifuku Co., Ltd.
13.3.1 Company Overview
13.3.2 Financials
13.3.3Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 SSI Schaefer Group
13.4.1 Company Overview
13.4.2 Financials
13.4.3Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Knapp AG
13.5.1 Company Overview
13.5.2 Financials
13.5.3Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Mecalux, S.A.
13.6.1 Company Overview
13.6.2 Financials
13.6.3Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Kion Group AG
13.7.1 Company Overview
13.7.2 Financials
13.7.3Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 TGW Logistics Group GmbH
13.8.1 Company Overview
13.8.2 Financial
13.8.3Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Beumer Group GmbH & Co. KG
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Service/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Dematic Corp
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/Service/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Company Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
14. USE Cases and Best Practices
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Procurement Software Market size was valued at USD 6.45 billion in 2022 and is expected to grow to USD 14.87 billion by 2030 and grow at a CAGR of 11.01 % over the forecast period of 2023-2030.
The Banking As a Service Market size was USD 22.8 billion in 2022 and is expected to Reach USD 77.2 billion by 2030 and grow at a CAGR of 16.42 % over the forecast period of 2023-2030.
The Open-Source Intelligence (OSINT) market size was valued at USD 7.22 Bn in 2022 and is expected to reach USD 36.93 Bn by 2030, and grow at a CAGR of 22.63% over the forecast period 2023-2030.
The Online Trading Platform Market was worth USD 9.28 billion in 2022 and is predicted to be worth USD 15.42 billion by 2030, growing at a CAGR of 6.56% between 2023 and 2030.
The POS Security Market size was USD 4.2 billion in 2022 and is expected to Reach USD 8.1 billion by 2030 and grow at a CAGR of 8.7 % over the forecast period of 2023-2030
The Time and Attendance Software Market size was valued at USD 2.61 Bn in 2022 and is expected to reach USD 5.67 Bn by 2030, and grow at a CAGR of 10.19 % over the forecast period 2023-2030.
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