The Logistics Automation Market is estimated to be USD 46.22 billion in 2018 and is projected to reach USD 80.64 billion by 2023, at a CAGR of 11.8% during the forecast period. The exponential growth of the e-commerce industry, advancement in robotics, and the emergence of IoT are key factors contributing to the growth of the logistics automation market.
The global Logistics Automation Market is estimated to be valued at US$ 52.7 Bn in 2021 and is expected to exhibit a CAGR of 10.3% over the forecast period 2021-2028, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The Logistics Automation Market refers to the implementation of automated systems and technologies in the logistics and supply chain management processes. These automation ... Read more
