World Logistics Automation Markets, 2020-2021 & 2022-2030: Investments in Industry 4.0 Technologies to Aid Labor Shortages
North America is expected to dominate the global logistics automation market owing to growth in e-commerce and adoption of automation solutions as a result of labor shortages in the region.
- North America is expected to dominate the global logistics automation market owing to growth in e-commerce and adoption of automation solutions as a result of labor shortages in the region.
- Labor shortages are currently being faced across the globe, which in turn is creating the demand for warehouse automation.
- Moreover, companies in emerging countries such as China and India, are also adopting automation in warehouse to get ahead of labor shortage.
- The significant factors impacting the growth of the logistics automation market comprise improved efficiency & workforce safety, growth in e-commerce, adoption of industry 4.0 technologies, and advancements in robotics technologies.