The intralogistics automation market in Europe is anticipated to be worth USD 10.55 billion in 2024 and USD 17.05 billion by 2029, growing at a CAGR of 10.08% from 2024 to 2029.
The art of optimizing, integrating, automating, and managing the logistical movement of information and physical products inside a fulfillment or distribution facility is known as intralogistics. Modern Intralogistics is confronting more difficulties: Growing volumes are being produced through tailored mass production and online retail, resulting in increasingly fragmented processes. With the adoption of cutting-edge technologies like IIOT (Industrial Internet of Things) and 5G by industrial companies, automation is anticipated to rise dramatically. This will improve the harmonious use of technology, labor and equipment and raise productivity. For companies looking to grow, progressive globalization has become vital. Market globalization and in-progress integration, as well as the increasing impact on society, are used to characterize globalization. World commerce and economic growth have been boosted by increasing exports and imports through intralogistics and rising nations' involvement. Regardless of the product type handled, a secure storage system enables up to 85% space optimization, 60% higher stock capacity, a zero-error selection rate due to the removal of human search, and a reduction in energy usage of up to 60%.
Remotely operated technology is being implemented more widely than ever to upgrade more warehouses across the globe. As a result, worker safety has increased, and material handling procedures are now more convenient. More and more businesses are choosing to automate some, or even all, of their intralogistics processes because of technological advancements that have given rise to universal and scalable products that offer a significantly faster return on investment than the often-expensive fixed assets that were once thought to be essential to any automated warehouse project. A few factors are majorly driving the growth of the Intralogistics automated market. The demand for simplified delivery in the age of e-commerce forces logistics providers to plan and predict their logistics flow more consistently to achieve next-day or even same-day delivery.
Moreover, there is a shortage of skilled workers to operate forklifts, and the operational cost of automation is typically lower than manually operated processes. However, implementing intralogistics in any sector is a challenging task. The process is highly complex, and there are significant fees involved. The setup fee includes designing, organizing, and installing intralogistics. The cost of robots, AS/RS, autonomous guided vehicles, and sorting systems is more than expected. As with any machinery or technology, AS/RS will require routine upkeep and periodic repairs. As a result, some operational pauses will probably occur while repairs and maintenance are occasionally performed. Before putting any new system into place, the costs of this upkeep should be considered, even though they are still less expensive than the ongoing expenses of recruiting and paying more people. In addition, your employees must receive the necessary training to operate your new AS/RS systems safely and make the most of the technology, just as with any other new warehouse equipment. Naturally, there will be some downtime while the training is conducted, and current employees may leave. Automation in intralogistics is becoming more intelligent and flexible, changing its behavior to boost output or lower cost per unit. It will be able to handle a significant increase in task-to-task unpredictability. It will have attractive potential in applications where cargo handling, storage, picking, packaging, palletizing, zoning, allocation, and assignment must be completed. Intralogistics focuses on the internal movement of goods rather than exterior transportation. Whatever the label, the main concern is the same as in the logistics industry today, where there is a knowledge gap between the personnel and what they need to know to operate these facilities. Security and privacy concerns are becoming increasingly prevalent among businesses that utilize cloud-based logistics automation technologies because the data may leak over the internet and be viewed by unauthorized people. This is the most challenging task in Intralogistics automation.
Hardware plays a crucial role, but it is only a tool that executes the commands of its users. Most automation technology manufacturers view software as only an addition to their technology. Modern intralogistics places a growing emphasis on Integrated software. Data and important figures must first be gathered to make wise corporate strategy decisions. Then, all resource, information, and product flows must be analyzed, optimized, and automated. The warehouse of the future will be more effective than ever owing to the visualization and real-time control of complicated material flow operations. It provides various automated trucks for adaptable and scalable automation solutions. The electric forklifts, pallet trucks, and tow tractors from the MATIC series can cooperate with humans in the smallest of areas thanks to their intelligent navigation and safety technology. System integration is ensured via the standard software. The trucks can switch between manual and automatic operation and are simple to connect to different applications. The reliability of the process and worker safety in the material flow are guaranteed by digital control and networking of intralogistics and automation systems.
Logistics is a sector of the economy that deals with transporting goods from one location to another. Intralogistics becomes crucial for controlling and improving the flow of information and the arrangement of physical goods, and the automotive sector also requires intralogistics. The market is offering automated vehicle transportation options. Customers of automobiles today favor individualized solutions. AMRs, which utilize intralogistics, are also very popular and autonomous mobile robots. For many years, the largest material handling hubs of courier express/parcel players were the most highly automated intralogistics facilities. This was due to the volume handled, the relative uniformity of goods' sizes, and the predominance of efficient intralogistics operations in these companies' value propositions. Systems for handling baggage at airports use comparable technologies for related purposes. In the auto store, they are ordered to lower the size of the building while boosting its capacity; it offers a very packed warehouse without alleys. In addition, a wide range of emerging technologies, including robotics and exoskeletons, may alter how intralogistics functions in the future.
The warehouse automation market has historically been most developed in Northern Europe. The adoption of sophisticated and advanced automation has been spurred by both the high cost of labor and particular attention to the working conditions at the plant. Autonomous mobile robots (AMRs) are replacing automatic guided vehicles in logistics applications throughout Europe. As opposed to AGVs, which are connected to inertial measurement units (IMU), laser scanning range finders, 2D and 3D color cameras, and motor controllers, AMRs have more advanced onboard computers. AMR makes new alternatives for inventory management possible. These gadgets may now do inventory sweeps independently in accordance with warehouse-determined timetables when coupled with RFID-tagged products and equipment. Germany is a significant purchaser of automated material handling technologies globally. According to the International Federation of Robotics (IFR), it has the most significant robot density. Industrial control systems, including PLCs, MES, HMIs, SCADAs, and DCSs, are in greater demand. Such elements will raise interest in intralogistics automation across Europe. In addition to the automobile business, the post and parcel industry supports AMH in Germany.
Kardex AG, KION Group AG, Vanderlande Industries BV, KUKA Group, Wandelbots, Kinexon, Synapticon and Viastore Systems GmbH are some of the prominent players in the European intralogistics automation market.
Frequently Asked Questions
The key players are Kardex AG, Synapticon, Kinexon, Kion Group AG, Vanderlande Industries BV, Kuka Group, and others.
The size of the Europe Intralogistics Automation Market will grow at a CAGR of 10.08% from 2022 to 2027
The Logistics and eCommerce in the End-User Industry segment are leading with a substantial market share.
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