Europe Intralogistics Market by Component (Hardware, Software, and Services), and by End User Industry (Logistics, Food & Beverages, Retail & E-commerce, Automotive, Chemicals, Pharmaceuticals, Airport, and Mining) – Opportunity Analysis and Industry Forecast 2023–2030

Market Definition

Europe Intralogistics Market was valued at USD 16.40 billion in 2022, and is predicted to reach USD 44.03 billion by 2030, with a CAGR of 13.07% from 2023 to 2030. Intralogistics is a vital aspect of supply chain management, and its market is focused on the design, implementation, and maintenance of internal logistics systems. In order to maximise the flow of materials and effectively and economically meet the company's demands, it entails the movement, storage, and management of commodities within an organisation, such as a factory, warehouse, or distribution centre.

The intralogistics market involves the design, implementation, and maintenance of factory and warehouse systems and includes various industries such as manufacturing, retail, e-commerce, and healthcare. Material handling, inventory control, order fulfilment, and reverse logistics are some of the most frequent applications of intralogistics. The intralogistics industry is expanding as a result of rising need for quick and effective delivery, rising demand for automation, and rising demand for sustainable and environmentally friendly solutions.

Europe's Intralogistics Renaissance: Industry 4.0 and E-Commerce Drive Smart Growth in Automation

Europe is one of the top regions for industrial automation adoption. Due to reasons including the increased use of industry 4.0 and the expanding e-commerce sector in the region, Europe is predicted to demonstrate consistent growth in the intralogistics market. Industry 4.0 adoption is revolutionizing intralogistics by making it smarter, more connected, and more effective. Systems used for intralogistics can now interact with one another and exchange data in real time thanks to IoT sensors and other connected devices. As a result, companies will gain better visibility into their operation and base their decisions on real-time data.

E-commerce Eruption Fuels Demand for Precision Intralogistics Solutions

The presence of regional market players such as ABB, KUKA AG, KION Group AG, and KNAPP AG is further driving the growth of the market. These makers of robotic grippers have engaged in rigorous research and development efforts and have introduced a number of items that will further expand the adoption of robots and other automated intralogistics solutions in Europe. For instance, in May 2022, ABB launched a robotics depalletizer for handling complex depalletizing tasks in logistics, e-commerce, healthcare, and consumer packaged goods industries.

High Installation Cost of Intralogistics Systems Can Gloom the Market Prospects

The high installation cost of intralogistics systems can be a significant barrier to adoption and can limit the market prospects for these systems. Intralogistics systems typically require significant investments in technology and infrastructure, including specialized equipment, software, and hardware, as well as the cost of installation and maintenance.

Some organisations, especially small and medium-sized enterprises (SMEs), which may have limited resources to invest in these technologies, may find this high upfront cost to be prohibitive. The scale and complexity of the operation, the level of customization needed, and the level of automation requested can all have an impact on how much intralogistics systems cost. As a result, some businesses may opt for less expensive and less efficient alternatives, which can limit the growth and adoption of intralogistics systems in the market.

Unlocking Opportunities: Introduction of Drones in Intralogistics Industry to Create Future Market Prospects

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.

France Holds the Dominant Market Share in the European Market

France is a major contributor to the economy of the nation and one of the world's top manufacturers. In order to streamline or improve warehouse activities such as storage, picking, and packing and raise their productivity, a number of important industries in France, including the automotive, electronics, food & beverage, and others, have expanded their attention on automation.

In addition to this, the ongoing collaboration trend of warehouse automation companies in the country with global market players creates lucrative growth opportunities for the intralogistics market. For instance, in January 2023, Transitic announced a strategic partnership with OPEX Corporation to introduce leading-edge warehouse automation technology to customers in France.

UK is Expected to Show Steady Growth in the European Intralogistics Market

The surging demand for fast storage, dispatch, and delivery is putting significant stress on manufacturing and logistic companies in terms of time and cost, forcing them to revamp and upgrade their logistics and storage processes, in turn increasing the adoption of AMRs in the UK. This is fueled by the emergence of regional startups in the UK that are pioneering warehouse data intelligence systems to streamline logistics operations. 

For instance, in June 2023, BotsAndUs secured funding of 12.3 million for the development of its warehouse data intelligence system that captures real-time insights using fully-autonomous, mobile robots and AI. Thus, it is expected in driving the growth of the intralogistics market in the UK.

Competitive Landscape

The Europe intralogistics industry includes several market players such as 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, and Autostore.

Key Benefits

• The Europe intralogistics market report provides a quantitative analysis of the current market and estimations through 2023-2030 that assists in identifying the prevailing market opportunities to capitalize on.

• The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.

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

• The competitive analysis of the market players along with their market share in the Europe intralogistics market.

• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.

• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

Europe Intralogistics Market Key Segments

By Component        

• Hardware            

  • Automated Storage and Retrieval Systems (AS/RS)        

    • Unit-Load AS/RS    

    • Mini-Load AS/RS    

    • Vertical Lift Modules (VLMs)     

    • Carousel AS/RS     

  • Industrial Robots        

  • Mobile Robots        

    • Automated Guided Vehicles (AGV)    

    • Autonomous Mobile Robots (AMR)    

  • Conveyor Systems        

  • Sortation Systems        

• Software            

• Services            

By End User Industry         

• Logistics

• Food and Beverages

• Retail and E-Commerce

• Automotive

• Chemicals 

• Pharmaceuticals

• Airport

• Mining

By Geography

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Netherlands

  • Finland

  • Sweden

  • Norway

  • Russia

  • Rest of Europe

REPORT SCOPE AND SEGMENTATION:

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