North America 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

North America Intralogistics Market was valued at USD 7.58 billion in 2022, and is predicted to reach USD 22.55 billion by 2030, with a CAGR of 14.5% 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.

Driving the Future: North America's Pioneering Role in Industrial Automation Revolutionizes Intralogistics Market Growth

As the global epicenter of cutting-edge automation, North America stands at the forefront of a transformative era, housing some of the planet's largest and most forward-thinking companies in this dynamic field. A beacon of innovation, the region not only leads in investment but also spearheads groundbreaking research and development initiatives.

The surging wave of industrial automation, a defining trend in this technological evolution, is poised to catalyze remarkable growth in the intralogistics market. This unprecedented synergy between automation prowess and intralogistics promises to reshape the future of supply chain efficiency, positioning North America as a driving force in this industrial revolution.

E-commerce Eruption Fuels Demand for Precision Intralogistics Solutions

In the wake of the e-commerce boom, the landscape of intralogistics is undergoing a profound transformation. The explosive growth of online retail has ignited an unprecedented demand for seamless and finely-tuned intralogistics operations. As the volume of online orders continues to soar, businesses are urgently seeking streamlined solutions to efficiently manage, process, and fulfill customer demands.

This surge in e-commerce not only underscores the need for precision in intralogistics but also positions it as a pivotal driver in the market's evolution. The race to meet the demands of this digital era is reshaping the very foundations of logistics, ushering in an era where optimized intralogistics is not just a necessity but a strategic imperative for success in the competitive world of e-commerce.

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.

The U.S. Holds the Dominant Market Share in the North American Market

In the United States, the retail sector emerges as a powerhouse consumer of intralogistics solutions, witnessing a surge in automation and robotics investments aimed at elevating supply chain efficiency. Simultaneously, within the automotive industry, intralogistics plays a pivotal role in seamlessly transporting materials through automated handling systems.

However, the true catalyst for transformation lies in the relentless expansion of the e-commerce realm, propelling the intralogistics market to new heights. Fueled by the insatiable appetite for swift and efficient deliveries, the e-commerce boom serves as a dynamic force propelling the evolution of intralogistics across diverse sectors, redefining the very fabric of supply chain dynamics in the USA.

Mexico is Expected to Show Steady Growth in the North American Intralogistics Market

The Mexican government has undertaken a proactive approach to propel the development of the intralogistics sector by implementing targeted legislation. Notably, the establishment of economic zones stands out as a key strategy, offering businesses enticing incentives such as tax discounts to encourage investment in the sector.

This deliberate effort is instrumental in fostering a conducive environment for businesses to thrive, leading to an overall boost in the intralogistics market. The alignment of government initiatives with economic incentives has created a synergistic effect, propelling both the growth of the intralogistics market and the economic vitality of the region.

Competitive Landscape

The North America 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 North America 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 North America 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.

North America 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

• North America

  • U.S.

  • Canada

  • Mexico

REPORT SCOPE AND SEGMENTATION:

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