Canada Intralogistics Market is expected to reach USD 5.34 billion by 2030

The automation and robotics dominance and increasing government initiatives are driving up demand for the Canada Intralogistics market during the forecast period

Canada Intralogistics Market was valued at USD 2.03 billion in 2022, and is predicted to reach USD 5.34 billion by 2030, with a CAGR of 12.79% from 2023 to 2030, according to new research by Next Move Strategy Consulting.
The intralogistics market in Canada is witnessing strong expansion, especially in the fields of automation, warehouse management, and robotics. This growth is linked to the significant manufacturing presence in the country, particularly in the automotive and aerospace sectors.

The dynamic expansion of these industries has become a driving force behind the flourishing intralogistics market in Canada. Key focal points include the integration of advanced automation, widespread adoption of robotics, and the implementation of real-time tracking systems. This concerted effort reflects a commitment to enhancing efficiency and productivity within the Canadian manufacturing landscape.

However, the considerable initial expenses linked to the implementation of intralogistics systems create a significant barrier to widespread adoption, potentially restricting market opportunities for these systems. Generally, incorporating intralogistics systems requires substantial financial commitments in technology and infrastructure, involving specialized equipment, software, and hardware. Moreover, there are associated costs for installation and continuous maintenance.

For certain organizations, especially small and medium-sized enterprises (SMEs) with limited resources for such investments, the high upfront cost may prove to be a hindrance. The overall cost of intralogistics systems can be influenced by factors such as the scale and complexity of operations, the required level of customization, and the extent of automation desired. Consequently, some businesses might opt for more economical but less efficient alternatives, hampering the broader growth and adoption of intralogistics systems in the market.

On the other hand, the introduction of drones in intralogistics has the potential to create significant growth opportunities for businesses that rely on efficient supply chain operations. Drones, also known as unmanned aerial vehicles (UAVs), are being used in intralogistics to automate a range of tasks, including inventory management, order picking, and delivery.

Businesses may increase the accuracy and speed of their operations while cutting the time and expense of manual labour and transportation by utilising drone technology. Drones can also increase the flexibility and scalability of intralogistics, allowing businesses to quickly adjust to fluctuations in demand.

Moreover, drones can improve efficiency and reduce the risk of accidents or injuries for workers who might otherwise need to use ladders or other equipment to access these areas. In addition, drones can gather information on inventory levels, product quality, and other key metrics, providing businesses with valuable insights into their operations by using sensors and cameras. This data can be used to optimize processes, improve forecasting, and reduce waste, leading to cost savings and improved efficiency. All these above-mentioned factors are expected to create growth opportunities for the intralogistics market in the near future.

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According to the report, leading players in the Canada Intralogistics market include Daifuku Co. Ltd., Jungheinrich AG, Kion Group AG, Honeywell International Inc., Midea Group, Vanderlande Industries B.V., SSI Schaefer AG, KNAPP AG, Beumer Group Gmbh and Co. KG, Autostore.

Key Insights from the Canada Intralogistics Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the Canada Intralogistics market is provided in the report.

• The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

• The market share of players in the Canada Intralogistics market is provided in the report along with their competitive analysis. 

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