Germany Intralogistics Market is expected to reach USD 7.32 billion by 2030

The presence of automotive giants and the adoption of industry 4.0. are driving up demand for the Germany Intralogistics market during the forecast period

Germany Intralogistics Market was valued at USD 2.75 billion in 2022, and is predicted to reach USD 7.32 billion by 2030, with a CAGR of 12.9% from 2023 to 2030, according to new research by Next Move Strategy Consulting. Germany is globally renowned for its prominence in the chemical, electrical, automotive, and mechanical engineering industries. Within the German automotive sector, featuring prominent manufacturers like Volkswagen, Mercedes-Benz, Audi, and Porsche, there exists a heightened demand for intralogistics solutions.

Automation of warehouse processes and the adoption of robotic systems to cope with the growing consumer demand has led to the high adoption of mobile robots and industrial robots for product handling and internal logistics in automotive facilities. Mobile robots such as AVGs and AMRs are utilized in the automotive industry to automate various tasks such as picking, packing, and transporting goods, reducing the time and costs associated with manual labor. The integration of robots into logistics and storage operations in the automotive sector has also helped to increase efficiency and accuracy, leading to a more streamlined supply chain. For instance, in January 2021, BMW Group, has introduced its subsidiary called IDEAL works, to provide autonomous robotics solutions in the logistics sector.

However, the substantial initial expenses associated with implementing intralogistics systems pose a significant barrier to widespread adoption, potentially limiting market opportunities for these systems. Generally, integrating intralogistics systems demands considerable financial commitments in technology and infrastructure, encompassing specialized equipment, software, and hardware. Additionally, there are costs associated with installation and ongoing maintenance.

For certain organizations, particularly 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 desired automation. Consequently, some businesses might opt for more economical but less efficient alternatives, hindering 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.

Request for a sample here: https://www.nextmsc.com/germany-intralogistics-market/request-sample

According to the report, leading players in the Germany 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 Germany Intralogistics Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the Germany 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 Germany Intralogistics market is provided in the report along with their competitive analysis. 

Share this post?

Comments

No comment available , be the first one!

Leave a Reply