What is the growth forecast for the global logistics automation market?
The global logistics automation market is expected to grow at a CAGR of 14% from 2023 to 2030.
Which region is expected to be the fastest-growing in the logistics automation market?
The Asia-Pacific (APAC) region is expected to be the fastest-growing market, driven by the strong growth of economies like China and India.
Who are the major players in the logistics automation market?
Key players include Jungheinrich AG, TGW Logistics Group GmbH, Toshiba Logistics, Dematic Corp, and Wisetech Global.
What are the challenges facing the logistics automation market?
High initial costs, lack of awareness, and integration complexities can hinder market growth, particularly for smaller businesses.