From 2020 to 2030, the worldwide intralogistics industry is estimated to grow at a CAGR of 15.5 percent. Due to universal need for higher productivity and efficiency across industries, the market has grown at a brisk rate of 14.3 percent over the last five years. Furthermore, the introduction of Industry 4.0 has driven all industry verticals to digitalize their supply chain networks.
Due to increased concerns about material handling and increasing throughput, global demand for intralogistics is expected to grow at a rapid rate in the coming years. Intralogistics applies to any industry that operates within a facility, including logistics, warehousing, automotive, chemicals, and aerospace and defence, to name a few.
Key Market Segments Covered
-
Component
- Hardware
- Automated Storage and Retrieval Systems (AS/RS)
- Unit-Load
- Fixed-aisle Cranes
- Moveable-aisle Cranes
- Mini-Load
- AS/RS Cranes
- AS/RS Shuttles
- Automated Guided Vehicles (AGVs)
- Conveyor Systems
- Horizontal Carousels
- Vertical Carousels
- Vertical Lift Modules (VLMs)
- Sorting Systems
- Industrial Robots
- Others
- Automated Storage and Retrieval Systems (AS/RS)
- Software
- Services
- Hardware
-
By End Use
- Logistics
- Food & Beverages
- Retail & e-Commerce
- Airports
- Automotive
- Chemicals
- Industrial Manufacturing
- Others
-
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
In its analysis, Fact.MR profiles the following significant intralogistics providers:
- Daifuku Co., Ltd.
- Interroll
- Jungheinrich AG
- KION Group
- Korber AG
- Krones AG
- KUKA Group
- Material Handling Systems
- Murata Machineries Ltd.
- Toyota Industries Corporation
What are the most significant challenges confronting intralogistics providers?
The cost of mobilising intralogistics in an industry is still prohibitively expensive for small and medium businesses, limiting the corpus prospects that these businesses may provide in the market.
Furthermore, the need for highly skilled labour to manage and deal with intralogistics adds to the expense of hiring and training a professional staff for manufacturers. Concerns about unauthorised access control and system failures further contribute to the expense and worry among manufacturers, limiting its widespread adoption.
Why is the Intralogistics Industry in the United States Growing?
The intralogistics market in the United States grew at a 13.6 percent compound annual growth rate (CAGR) from 2015 to 2019. With supply chain digitalization and deployment of high-end technologies such as 5G and intralogistics solutions, the United States has a history of early technological adoption.
The extensive use of intralogistics in the car and e-Commerce industries has been the primary driver of categorical market expansion in the country. Furthermore, the majority of enterprises, such as Daifuku Co., Ltd, MHS, and Toyota Industries Corporation, have a strong presence in the United States and produce a significant portion of their sales there.
As a result, intralogistics deployment across a wide range of industrial applications is positioned to bring enormous possibilities in the near to medium term.
Takeaways from the Market Research
By 2030, the global intralogistics market is expected to grow by 4.2 times its current size.
Over the projected period, the hardware market is expected to grow at a 15 percent compound annual growth rate (CAGR).
Over the forecast period, automated guided vehicles are expected to increase at a 15.3 percent CAGR, while industrial robots are expected to add 4.8X value.
Due to broad deployment of intralogistic solutions to increase competitiveness in manufacturing clusters, East Asia is poised to unleash its manufacturing prowess with a superlative growth rate of over 29 percent CAGR.
The retail & e-Commerce industry, by virtue of increased consumer use of e-Commerce platforms and providers digitising supply chains to assure timely delivery of products to clients, is positioned to present enormous opportunity for the intralogistics market.
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