U.S. Intralogistics Market is expected to reach USD 13.48 billion by 2030

14-Dec-2023

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Surge in automation and robotics investments aimed at elevating supply chain efficiency and the presence of key market players are driving up demand for the U.S. Intralogistics market during the forecast period

U.S. Intralogistics Market was valued at USD 4.45 billion in 2022, and is predicted to reach USD 13.48 billion by 2030, with a CAGR of 14.8% from 2023 to 2030, according to new research by Next Move Strategy Consulting.

The United States plays a crucial role as a major center for the manufacturing of intralogistics solutions, featuring a variety of domestic companies that produce diverse equipment and software solutions. Prominent participants in the U.S. market include industry leaders like Honeywell International Inc, MHS Global, and other noteworthy contributors.

For instance, in March 2022, Material Handling System Global (MHS global) collaborated with Hai Robotics and Mujin to launch a fully automated order fulfilment solution. The collaboration was aimed at developing a warehouse execution system (WES) that integrates the various automated components and robotics technology together to work as a smart, efficient system.

However, the significant initial costs linked to the implementation of intralogistics systems present a considerable barrier to widespread adoption, potentially limiting the market prospects for these systems. Typically, integrating intralogistics systems requires substantial financial investments in technology and infrastructure, covering specialized equipment, software, and hardware. Additionally, there are associated expenses for both the installation and ongoing 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.

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/us-intralogistics-market/request-sample

According to the report, leading players in the U.S. 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 U.S. Intralogistics Market Report:

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

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