Rockville , Sept. 10, 2023 (GLOBE NEWSWIRE) -- As per the latest study by Fact.MR, a market research and competitive intelligence provider, the global intralogistics market has reached a size of US$ 18.94 billion in 2022 and is expected to expand rapidly at a CAGR of 14.8% from 2022 to 2032.
Intralogistics can be defined in many different ways but its core idea always remains the same. Intralogistics is the planning, execution, installation, and control of all internal activities associated with the material flow of a company. It plays a vital role in the warehousing and manufacturing sectors as it is a smooth and efficient interplay of each and every process. However, the implementation of intralogistics is a challenging task.
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Intralogistics is the automation and optimization of every small piece of information available for the operating company. The utilization of intralogistics improves the flexibility of work, future-proofs operations, and provides a safe workplace. With the help of technologies such as IIoT, 5G, and others, the efficiency of intralogistics can be improved to a greater extent.
The trend of Industry 4.0 has compelled many industries to adopt digital platforms and improve their supply chains. Hence, several end-use industries such as logistics, food & beverages, automotive, chemicals, industrial manufacturing, and others are changing their direction towards intralogistics as the world pushes for better ways of execution of operations.
| Report Attributes | Details |
| Value Projection (2032) | US$ 75.36 Billion |
| Growth Rate (2022-2032) | 14.8% CAGR |
| No. of Pages | 170 pages |
| No. of Tables | 32 Tables |
| No. of Figures | 122 Figures |
Key Takeaways from Market Study
- The global intralogistics market is projected to expand at an impressive CAGR of 14.8% and reach US$ 75.36 billion by 2032.
- The market expanded at 14.3% CAGR between 2017 and 2021.
- Under end use, retail & e-Commerce dominate the market and are valued at US$ 4.85 billion in 2022.
- Europe leads the global market with 34.5% market share in 2021.
- Demand for intralogistics is expected to increase at CAGRs of 17.8% and 13.7%, respectively, in East Asia and North America.
“Integration of hardware & software for bundled services and end-to-end solutions aiding market growth,” says a Fact.MR analyst.
Key Companies Profiled in This Report
- Daifuku Co., Ltd.
- Interroll
- Jungheinrich AG
- KION Group
- Korber AG
- Krones AG
- KUKA Group
- Material Handling Systems
- Murata Machineries Ltd.
- Toyota Industries Corporation
Market Development
During the COVID-19 pandemic, the intralogistics sector gained high importance as most companies shifted their ways to digital platforms. Intralogistics is paving its way ahead in terms of system integration with the warehouse and distribution networks of end-use industries.
Key suppliers of intralogistics are channelizing their energy towards improving their efficiency through automation. Additionally, industry participants are working to grow their client base by providing collaborative platforms.
• One such targeted acquisition is Digital Applications International Limited (DAI), a U.K-based company that was acquired by Kion Group in 2022. As DAI is leading in automation solutions and logistics, it will help the growth of Kion Group.
Through collaborative approaches and integrated service offerings, prominent market participants are capturing a significant market share.
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Segmentation of Intralogistics Industry Research Report
- By Component:
- Hardware
- Software
- Services
- By End Use:
- Logistics
- Food & Beverages
- Retail & e-Commerce
- Airports
- Automotive
- Chemicals
- Industrial Manufacturing
- Others
- By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global intralogistics market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights based on component (hardware (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)), software, services) and end use (logistics, food & beverages, retail & e-Commerce, airports, automotive, chemicals, industrial manufacturing, others), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
Explore More Related Studies Published by Fact.MR Research:
Logistics Robot Market: The market is likely to reach a valuation of US$ 22,699.1 Million by the end of forecast period.
Third Party Logistics Market: The third party logistics market demand is forecast to flourish at a CAGR of 7.6% until 2032.
Intralogistics Containers Market: The global intralogistics containers market has reached a value of US$ 7.9 billion in 2022 and is expected to expand rapidly at a CAGR of 6.3% to top US$ 14.5 billion by the end of 2032.
About Fact.MR:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we delivers deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empowers businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.
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