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Logistics Automation Market Size Worth $85.19 Billion, Globally, by 2030 – Exclusive Report by The Insight Partners

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The logistics automation market size is projected to reach US$ 85.19 billion by 2030 from US$ 35.21 billion in 2022 to register a CAGR of 11.7% during 2022–2030.

NEW YORK, Oct. 10, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, the development and adoption of e-commerce in the retail sector are expected to generate remarkable growth opportunities for the industry players. Also, every day, many businesses integrate new technologies—such as AI, big data, and the Industrial Internet of Things (IIoT)—to automate various processes in their warehouses. This tendency is reflected, for instance, in the growing use of automatic guided vehicles (AGVs) and autonomous mobile robots. This equipment maintains nonstop workflows while redeploying operators to higher-value tasks.

Global logistics automation market experiences significant growth due to adoption of industrial 4.0 across the manufacturing industry. Browse More Insights: https://www.theinsightpartners.com/reports/logistics-automation-market

Automated solutions are proving to be the best tools for optimizing the efficiency of logistics processes, which indicates that many businesses are installing automated storage and retrieval systems (AS/RS) and automated transportation solutions. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Logistics Automation Market comprises of component, mode of freight transport, application, and end-user industry which are expected to register strength during the coming years.

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Overview of Report Findings:

Market Growth: The Logistics Automation Market Size is expected to reach US$ 85.19 billion by 2030 from US$ 35.21 billion in 2022, at a CAGR of 11.7% during the forecast period.Robotics in Warehouses: With the increasing consumer expectations, the market players are focusing on investing in IT and operational functions in warehouses. There is growing development in connectivity technology globally, as tech companies make everything from sortation to arranging pallets in the warehouse internet-ready. They are leveraging the latest supply chain technology and the Internet of Things (IoT).Implementation of Autonomous Vehicles and Drones: Autonomous vehicles and drones are important components of automated logistics systems. Google and Tesla, for example, have made substantial advances in driverless vehicle technologies. Autonomous driving has progressed from science fiction to a very feasible possibility in the last two decades, owing to significant advances in radar technology and computer power.SMEs implementing Supply Chain Logistics: SMEs rely heavily on strong transport systems for expansion, which makes logistics a vital component of their operations. SMEs can benefit greatly from dependable logistics partners who use proper 3PL technologies. Their storage knowledge, extensive network with 3PL suppliers across the country, and ability to handle deliveries during peak demand cycles make them important for SMEs.Geographical Insights: North America dominated the Logistics Automation Market in 2022. Europe is the second-largest contributor to the global Logistics Automation Market, followed by APAC, Middle East and Africa, and South America.

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Market Segmentation:

By component, the Global Logistics Automation Market is divided into hardware, software, and services. In 2022, the hardware segment held the largest share of the global Logistics Automation Market. Integrating logistics automation components helps streamline the logistics process, involving warehousing or transportation tasks across various end-use industries. Several hardware components, such as conveyor belts, automated guided vehicles, and sortation systems, and different software, are being adopted across multiple industries. The implementation of these components enhances the overall efficiency at a reduced cost.In terms of mode of freight transport, the Logistics Automation Market is segmented into land, water, and air. The land segment holds the largest share, whereas air segment is expected to register the highest CAGR during 2022–2030. The logistic service through roadways is considered one of the feasible alternatives as it ensures rapid and cost-effective transportation.Based on application, the logistics automation market is segmented into warehouse management and transportation management. In 2022, the warehouse management segment held the largest share of the global Logistics Automation Market. The logistics automation software is used for handling various purposes in the warehouse, such as picking automation, barcode labels automated vehicles, inventory automation, and back-office automation.Based on end-user industry, the global logistics automation market is segmented into manufacturing, retail and e-commerce, oil and gas, food and beverages, automotive, healthcare and pharmaceuticals, and others. In 2022, the manufacturing segment held the largest share of the global Logistics Automation Market. Implementing logistics automation in the manufacturing industry helps efficiently manage the production environment, including just-in-time strategies, effective use of floor space, labor ergonomics, balancing/sequencing of material flow, and high system uptime.

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Competitive Strategy and Development:

Key Players: A few major companies operating in the Global Logistics Automation Market include Honeywell International Inc.; Beumer Group, Daifuku Co., Ltd.; KNAPP AG; Mecalux, S.A.; Dematic (KION Group); Murata Machinery, Ltd.; TGW Logistics Group; Swisslog Holding AG; and VITRONIC.Trending Topics: Digital Logistics Market, E-Commerce Logistics Market, Logistic Services Market, and Others.

Global Headlines on Logistics Automation Market:  

“Mecalux unveiled a state-of-the-art technological solution to optimise order picking: an innovative collaborative robotic picking system based on the latest artificial intelligence (AI) technology””Honeywell introduced its latest software technology designed to address the expanding demands of warehousing, order fulfilment and distribution needs in Southeast Asia and other global markets”Manitou Group opened a new automated warehouse at its spare parts center in Ancenis. The innovative solution consists of the Shuttle System from Mecalux.Daifuku Co. Ltd significantly expanded its footprint in India through its subsidiary, Daifuku Intralogistics India Private Limited. This expansion includes the acquisition of Hyderabad-based Vega Conveyors & Automation in 2019, followed by a consolidation of operations and rebranding in 2022.

Europe Logistics Automation Market:

The Europe logistics automation market is segmented into Germany, the UK, France, Russia, Italy, and the Rest of Europe. In Europe, the rise in automation is one of the factors driving the logistics automation market growth. Also, constant growth in internationalization is anticipated to provide a considerable rise in opportunity for industry players in this region. This region’s highly outsourced logistics services are inventory management, transportation, and warehousing. There is a rise in investment activities in Europe to strengthen the logistics automation market. For instance, according to Bnp Paribas Real Estate, the investment in industrial and logistics rose by 51% in 2021 compared to 2020, with US$ 77.39 billion (EUR 65 billion) in investments. In addition, the investment rose to over US$ 30 billion in the first half of 2022. Thus, the growing investment for efficient management in the logistics market will propel the growth for warehouse management systems during the forecast period. This creates the opportunity for the growth of logistics automation market share to meet consumer demand on time.

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The Europe logistics automation market is witnessing remarkable growth in industrial and automobile applications. The presence of large automobile manufacturing industries in Germany has fueled the demand for trade, transportation, and logistics in the country. Furthermore, economically strong countries, such as the UK, Italy, and Spain, are observing significant development in the implementation of logistics automation solutions for the optimization of supply chains across various end-use sectors, such as healthcare, retail, e-commerce, automobile, and food & beverages, across the region.

Moreover, governments of various countries are investing in automating manufacturing businesses and their business operations in the region. For instance, in July 2021, the UK government announced an investment of US$ 59.3 million (GBP 53 million) to drive the development of digital manufacturing technologies. Out of which, US$ 28.10 million (GBP 25 million) will be invested in setting up five new industry-sponsored research centers to accelerate the development of cutting-edge digital solutions that can transform manufacturing businesses. The remaining amount will be invested in a digital supply chain innovation hub and will also be provided to 37 individual projects to digitalize and transform manufacturing supply chains. Moreover, Germany’s High-Tech Strategy 2025 (HTS), a German R&D and innovation program, aims to use technological change and research and innovate on topics such as human-robot collaboration. The German government is investing US$ 345 million for five years, which is ~US$ 69 million annually, until 2026 to provide solutions for the more flexible organizing of work processes or the support of mobile work. Thus, the growing government support to boost automation will further boost logistics automation market growth.

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Conclusion:

Logistics automation is being implemented, and it spans from simple computer automation systems to more sophisticated management programs, which provide enhanced facilities such as monitoring inventory management, order picking, and enhanced dock logistics facilities. The digital changes, particularly those influenced by the penetration of e-commerce, have enabled customers to create an immediate and real-time demand impact on order fulfillment operations. Such real-time demand impact, coupled with the emerging multichannel distribution support business model, is expected to drive the demand for highly adaptive and scalable logistics automated systems, fueling the growth of the logistics automation market. In addition, the supply chain industry has been undergoing a constant transformation, substantially impacting the fundamentals of warehousing and distribution. The growing trend of digitalization and technological changes is fueling the penetration of e-commerce, leading to the demand for an impactful, immediate, and real-time order fulfillment process which is further fueling the market growth globally.

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The report from The Insight Partners, therefore, provides several stakeholders—including component providers, system integrator, system manufacturers and others—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

Related Report Titles:

Logistic Services Market Forecast and Trends 2031FMCG Logistics Market Strategies, Top Players, Growth Opportunities, Analysis and Forecast by 2031Digital Logistics Market Strategies, Top Players, Growth Opportunities, Analysis and Forecast by 2031Secure Logistics Market Strategies, Top Players, Growth Opportunities, Analysis and Forecast by 2031Military Logistics Market Growth, Size, Share, Trends, Key Players Analysis, and Forecast till 2031Event Logistics Market Size and Growth 2031Contract Logistics Market Trends and Forecast 2031Fourth Party Logistics Market Forecast (2024-2031)Third Party Logistics Market Overview, Growth, Trends, Analysis, Research Report (2020-2030)E-Commerce Logistics Market Growth, Size, Share, Trends, Key Players Analysis, and Forecast by 2031

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/logistics-automation-market

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ATTOM ENHANCES RENTAL AVM WITH AI-POWERED MODEL COVERING NEARLY 100 MILLION U.S. HOMES

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November 3, 2026

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Enhanced model expands coverage by about 40% and delivers a 5.9% median error on homes not yet listed for rent

IRVINE, Calif., Nov. 3, 2026 /PRNewswire/ — ATTOM, the leading provider of property data, AI-powered intelligence, and real estate analytics solutions, today announced enhancements to its Rental AVM, introducing an AI-powered model that estimates current monthly market rent for nearly 100 million U.S. single-family homes, condominiums, and townhouses, an increase in coverage of about 40%. The model delivers a 5.9% median absolute error on homes before they are listed for rent, helping businesses evaluate rental potential and make more informed decisions.

“Estimating rental values is difficult because leases are private and many homes have no rental history,” said Rob Barber, CEO at ATTOM. “With these enhancements, we’re extending the same approach driving ATTOM Intelligence, combining trusted property data with advanced AI and analytics, to many more homes, so customers get more meaningful insights and can make better-informed decisions.”

Key Enhancements Include:

Expanded Coverage: Rental estimates for nearly 100 million single-family homes, condominiums, and townhouses across all 50 states and the District of Columbia, a coverage increase of about 40%.Improved Accuracy: A 5.9% median absolute error on homes before they’re listed for rent, with calibrated low and high values that tighten as the evidence behind an estimate grows.AI-Powered Modeling: Multiple machine-learning models evaluate property characteristics, property value, rental history, and recent rental activity, weighing each based on the available evidence for a property.Listing-Based Training: The model is trained and benchmarked on observed rental listings, cleaned to remove duplicates, placeholder rents, and unrealistic prices.

“Our enhanced Rental AVM evaluates multiple sources of rental information and adapts to the evidence available for each property,” said Aaron Wagner, Head of Data Science at ATTOM. “That adaptability is what allows us to estimate rent for homes with no rental history and extend coverage to nearly 100 million properties, while keeping the ranges calibrated to the strength of the evidence behind each estimate.”

Built for Real-World Applications
ATTOM’s enhanced Rental AVM supports a range of business needs, including:

Real Estate Investors and Rental Operators: Screen acquisitions, evaluate rental potential, compare rental income with property values, and support rent-setting decisions.Mortgage Lenders and Insurers: Assess rental income for investment-property and DSCR loans, monitor portfolio exposure, and support loss-of-rent analysis.Real Estate Portals and AI Developers: Integrate rental estimates into property listings, investment tools, and AI-powered applications through ATTOM’s MCP Server.

Updated monthly to reflect new rental activity and changing market conditions, the enhanced Rental AVM is available through ATTOM’s APIs, bulk data licensing, Snowflake, Databricks, and MCP Server.

To learn more about ATTOM’s enhanced Rental AVM, visit the Rental AVM landing page or download the Rental AVM White Paper.

About ATTOM
ATTOM delivers AI-driven property intelligence built on the nation’s most trusted property data repository, covering 160+ million U.S. properties—99% of the population. Our engineered, multi-sourced, semantically rich real estate data spans property tax, deeds, mortgages, foreclosure, environmental risk, property conditions, natural hazards, neighborhood insights, and geospatial boundaries, rigorously validated for advanced analytics. ATTOM supports analytics, AI applications, and AI agents through flexible delivery options including APIs, bulk licensing, cloud delivery, and the MCP Server for AI-powered, agentic access to engineered property data, enabling organizations to automate analysis, power intelligent workflows, and scale property intelligence across industries.

Media Contact:
Megan Hunt
megan.hunt@attomdata.com 

Data and Report Licensing:
949.502.8313
datareports@attomdata.com

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SOURCE ATTOM

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Staypineapple to Donate to American Humane Society’s Pups4Patriots™ in Honor of Veterans Day

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November 3, 2026

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Hotel brand will donate a portion of November bookings to help veterans and retired first responders receive service dogs

KIRKLAND, Wash., Nov. 3, 2026 /PRNewswire/ — In recognition of Veterans Day, Staypineapple, the national boutique hotel brand, is supporting American Humane Society’s Pups4Patriots™ program. Throughout the month of November, Staypineapple will donate up to $5,000 on behalf of its guests from every Pineapple Pup Package booking and every booking made with military or government rates. The initiative supports the placement of specially trained service dogs with veterans and retired first responders living with post-traumatic stress (PTS) and/or traumatic brain injury (TBI), at no cost to recipients.

In recognition of Veterans Day, Staypineapple will donate a portion of November bookings to the Pups4Patriots program.

“Dogs have an incredible ability to bring comfort, connection and a renewed sense of purpose to our lives,” said Dina Belon, President of Staypineapple. “We’re proud to support American Humane Society’s Pups4Patriots program and help more of our nation’s heroes access the companionship and support of a service dog. We hope our guests will join us in making a difference through booking a stay this November.”

Pups4Patriots helps remove financial barriers to obtaining a specially trained service dog, matching eligible veterans and retired first responders with dogs trained to support their specific needs.

The impact of the program can be seen in the bond between Russell, a retired U.S. Army veteran and law enforcement officer, and his service dog, Nico. Through Pups4Patriots, Nico has become an important source of support in Russell’s life. As Russell shared, “Nico has brought me a renewed sense of living that I was very much struggling to find before meeting him.”

Through this initiative, Staypineapple hopes to help connect more of America’s heroes with life-changing canine companions to those who have served our country and communities.

To learn more or book a stay, visit Staypineapple.com.

About Staypineapple
Staypineapple is a brand of boutique hotels in urban markets across the U.S., managed by Staypineapple Hotels Inc., based in Kirkland, Wash. Known for personalized service and a warm welcome for people and pets alike, Staypineapple creates unique guest experiences that offer more than just a place to stay. It is a place Where Stays Become Stories. For reservations or more information, visit Staypineapple.com or call (866) 866-7977. Follow Staypineapple on Instagram, Threads, TikTok and Facebook.

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Terakeet’s Mac Cummings Named to ADWEEK Innovator 50 List

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6 minutes ago

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November 3, 2026

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Recognition honors Cummings’ leadership in transforming Terakeet and building a new model for enterprise reputation management in the age of generative AI

SYRACUSE, N.Y., Nov. 3, 2026 /PRNewswire/ — ADWEEK today announced that Terakeet CEO & Co-Founder Mac Cummings has been named to the 2026 ADWEEK Innovator 50 list, which recognizes leaders driving innovation and shaping the future of marketing, media and technology.

Cummings was recognized for his leadership and vision in anticipating how generative AI would reshape enterprise reputation and positioning Terakeet to address the emerging challenges facing the Fortune 100 and its executives.

Over the past year, Cummings has led Terakeet’s transition from enterprise search marketing to global reputation management. The shift expanded the company’s focus beyond search visibility to the ways brands and executives are represented across search engines, generative AI platforms and the broader digital ecosystem.

“AI has changed what’s at stake for the Fortune 100,” said Cummings. “Reputation risk now moves across search and AI at the same time, and most brands don’t have the infrastructure to manage it. We built the Reputation Operating System to give them the technology, intelligence and expertise to understand those risks and strengthen their position before issues escalate.”

To better serve these customers, Cummings directed investments in proprietary technology, expanded the company’s expertise in cybersecurity and reputation risk, and established new strategic partnerships.

The recognition comes as Terakeet celebrates its 25th anniversary, marking a quarter century of evolution alongside major shifts in technology and the digital landscape. Cummings co-founded Terakeet in 2001 and has led the company through each stage of its growth, from its origins in search to its current focus on enterprise reputation management.

“The responsibility of a leader isn’t to protect the business model that worked yesterday but to recognize where the market is going and build for it,” Cummings said. “For Terakeet, that has meant looking past short-term fixes and building the infrastructure enterprises need to understand risk and protect trust in the AI era.”

About Mac Cummings

Mac Cummings is the CEO and Co-Founder of Terakeet. He co-founded the company in Syracuse, New York, in 2001 and has led its evolution across search marketing, digital strategy and enterprise reputation management. Today, Cummings oversees Terakeet’s business strategy and the continued development of its reputation management capabilities and technology.

About Terakeet

Terakeet is an enterprise reputation management company that helps brands and executives understand and manage how they are represented across search engines, generative AI platforms and the broader digital ecosystem. Founded in 2001, the company combines proprietary technology, intelligence and strategic expertise to support enterprise reputation programs.

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SOURCE Terakeet, LLC

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