Africa Intralogistics Market

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Africa 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

Industry: Construction & Manufacturing | Publish Date: 07-Dec-2023 | No of Pages: 75 | No. of Tables: 50 | No. of Figures: 21 | Format: PDF | Report Code : N/A

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Market Definition

Africa Intralogistics Market was valued at USD 236.21 million in 2022, and is predicted to reach USD 822.79 million by 2030, with a CAGR of 16.8% 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 Progress: South Africa's Intralogistics Boom Fueled by Automotive Industry Expansion

The adoption of intralogistics is being driven by the expansion of the automobile industry in South Africa. According to the National Association of Automobile Manufacturers of South Africa, in November 2022, 49,413 new vehicles were sold, which is an increase of 18.2% when compared to the 41,795 vehicles sold in November 2021.

The export sales also rose by 13,479 units or 64.7%. As vehicle sales in the region continue to increase, the need for efficient and cost-effective solutions to manage warehouses has become crucial. Automation provides a solution that helps the automotive sector remain competitive in the global market while improving production levels and reducing labor costs. The use of robots in warehouses also reduces psychological stress for human workers, freeing them from monotonous tasks and improving overall efficiency.

Revolutionizing Progress: South Africa's Intralogistics Sector Surges with Government Embrace of Industry 4.0

An important element fueling the expansion of the intralogistics sector is the South African government's announcement that it will implement the fourth industrial revolution as described by the United Nations Industrial Development Organization (UNIDO). The fourth industrial revolution, also known as Industry 4.0, focuses on the integration of advanced technologies such as artificial intelligence, robotics, and the Internet of Things into various industries.

This deployment brings about major changes in the way South African businesses operate, including the warehousing and logistics sector. Businesses in South Africa are utilising the advantages of automation to boost productivity and efficiency by implementing Industry 4.0. Automated warehouses can handle high volumes of goods, reducing the need for manual labor and increasing accuracy. Thereby, the government's commitment to Industry 4.0 is further expected to propel the growth of the intralogistics market in South Africa.

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.

Competitive Landscape

The Africa 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 Africa 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 Africa 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.

Africa 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

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2022

USD 236.21 Million

Revenue Forecast in 2030

USD 822.79 Million

Growth Rate

CAGR of 16.8% from 2023 to 2030

Analysis Period

2022–2030

Base Year Considered

2022

Forecast Period

2023–2030

Market Size Estimation

Million (USD)

Growth Factors

The expansion of the automobile industry

The surges with government embrace of Industry 4.0.

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

KEY PLAYERS

  • 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

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Frequently Asked Questions

According to the report published by the Next Move Consulting, the Africa Intralogistics Market business is expected to hit at $822.79 million (USD) by 2030.

The Africa Intralogistics Market 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, Autostore.

The Africa Intralogistics Market share is segmented on the basis of component and end user industry.

The growth of the Intralogistics market in Africa is driven by the expansion of the automobile industry and surges with government embrace of Industry 4.0

The high installation cost of intralogistics systems limits the growth of Intralogistics Market in Africa.

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