Sweden Intralogistics Market

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Sweden 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: 06-Dec-2023 | No of Pages: 74 | No. of Tables: 50 | No. of Figures: 21 | Format: PDF | Report Code : N/A

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Market Definition

Sweden Intralogistics Market was valued at USD 485.61 million in 2022, and is predicted to reach USD 1522.6 million by 2030, with a CAGR of 15.2% 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.

Robotic Renaissance: Fueling Sweden's Intralogistics Surge through Pharma Automation

Sweden's intralogistics market is experiencing a profound transformation propelled by the widespread integration of industrial and mobile robots within the pharmaceutical industry. These advanced robotic systems are revolutionizing critical processes, such as material handling, inventory management, and the intricate tasks of picking and packing in pharmaceutical settings.

The strategic adoption of automation not only enhances operational efficiency but also underscores Sweden's commitment to innovation and precision in pharmaceutical logistics. This paradigm shift positions the country at the forefront of intralogistics advancements, showcasing a powerful synergy between robotics and the pharmaceutical sector that drives Sweden's competitive edge in the global market.

 

Sweden's Robotic Revolution: Transforming Intralogistics and Leading the Future of Automated Warehousing

AMRs and AGVs are utilized to manage and track inventory levels, reducing the risk of stockouts or overstocking. Automated picking and packing systems can help increase the accuracy and speed of order fulfilment, reducing the risk of errors. These procedures can be made more efficient, accurate, and safe by automating them. Errors are also less likely to occur, and orders can be filled more quickly. These factors are increasing the adoption of warehouse robots in Sweden.

For instance, in July 2022, Sweden’s largest pharmacy chain Apotek Hjärtat partnered with GreyOrange to increase warehouse automation. GreyOrange will develop automation solutions for Apotek Hjärtat’s new 20,000-square-meter e-commerce warehouse in Norrköping.

 

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 Sweden 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 Sweden 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 Sweden 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.

Sweden 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 485.61 Million

Revenue Forecast in 2030

USD 1522.6 Million

Growth Rate

CAGR of 15.2% from 2023 to 2030

Analysis Period

2022–2030

Base Year Considered

2022

Forecast Period

2023–2030

Market Size Estimation

Million (USD)

Growth Factors

The widespread integration of industrial and mobile robots within the pharmaceutical industry

The increasing technological advancement.

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 Sweden Intralogistics Market business is expected to hit at $1522.6 million (USD) by 2030.

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

The growth of the Intralogistics market in Sweden is driven by the extensive incorporation of industrial and mobile robots in the pharmaceutical sector, coupled with continuous technological advancements.

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

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