Rising Demand for In-Plant Logistics Market: Trends and Forecasts
The In Plant Logistics Market, valued at USD 12.3 billion in 2023, is projected to reach USD 19.5 billion by 2028, growing at a compound annual growth rate (CAGR) of 9.7% during the forecast period. This growth is driven by the increasing demand for efficient material handling, automation in manufacturing processes, and the need to optimize internal supply chains. As industries seek to enhance operational efficiency and reduce costs, the adoption of advanced in-plant logistics solutions is becoming essential. These solutions help streamline internal processes, improve inventory management, and ensure timely delivery of materials within manufacturing plants, thus supporting overall productivity and competitiveness.
Companies are increasingly prioritizing operational efficiency and cost-effectiveness within their manufacturing facilities, which is driving a rising demand for sophisticated in-plant logistics solutions. These solutions are essential for streamlining material handling, enhancing inventory management, and ensuring the timely delivery of components and products within the plant. By adopting advanced in-plant logistics technologies, companies can optimize internal supply chains, reduce waste, and improve overall productivity. This shift towards more efficient and cost-effective operations not only boosts competitiveness but also supports sustainable manufacturing practices, making it a crucial focus for modern industries.
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The major players in the In-Plant Logistics Market with a significant global presence are Daifuku Co., Ltd. (Japan), JBT (US), KION GROUP AG (Germany), KUKA AG (Germany), and Toyota Industries Corporation (Japan). Companies in the market are dedicating resources to research and development with the aim of improving the effectiveness, adaptability, and scalability of their in-plant logistics solutions to meet the varied needs of industries globally. Furthermore, they are actively seeking partnerships and collaborations with local distributors, integrators, and technology providers in specific regions to solidify their international presence.
Daifuku Co., Ltd. specializes in consulting, designing, manufacturing, planning, and engineering material handling equipment, along with offering installation and after-sales services for logistics systems. The company operates through five business divisions—Daifuku, Daifuku North America, Automotive Business, Clean Factomation, Contec, and Others—and six segments: Intralogistics Business, Auto Wash Business, Cleanroom Business, Airport Business, and Electronics Business. Daifuku serves a wide range of sectors, including factory and distribution automation, e-factory automation, automotive factory automation, airport technologies, clean rooms, lifestyle products, and electronics. The company’s Intralogistics business primarily provides in-plant logistics solutions, featuring its ASRS (Automated Storage and Retrieval Systems) line of products within its manufacturing and distribution systems category. This segment offers advanced automated storage, transport, sorting, and picking systems to industries such as e-commerce, retail, wholesale, transportation and warehousing, food, pharmaceuticals, and chemicals.
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John Bean Technologies (JBT) is a leading technology solutions provider for the food processing and air transportation industries, operating under two main segments: JBT FoodTech and JBT AeroTech. JBT's diverse product portfolio includes freezing solutions, protein processing, in-container processing, fruit processing solutions, ground support equipment, gate equipment, airport services, military equipment, automated guided vehicles (AGVs), and financing solutions. Within the in-plant logistics market, JBT leverages its FoodTech business segment, drawing on over 25 years of experience to offer a broad range of products. The company has demonstrated consistent growth, particularly in the provision of AGVs, which serve as efficient automated solutions for their customers, enhancing operational efficiency and productivity.
Rising Demand for In-Plant Logistics Market: Trends and Forecasts
The In Plant Logistics Market, valued at USD 12.3 billion in 2023, is projected to reach USD 19.5 billion by 2028, growing at a compound annual growth rate (CAGR) of 9.7% during the forecast period. This growth is driven by the increasing demand for efficient material handling, automation in manufacturing processes, and the need to optimize internal supply chains. As industries seek to enhance operational efficiency and reduce costs, the adoption of advanced in-plant logistics solutions is becoming essential. These solutions help streamline internal processes, improve inventory management, and ensure timely delivery of materials within manufacturing plants, thus supporting overall productivity and competitiveness.
Companies are increasingly prioritizing operational efficiency and cost-effectiveness within their manufacturing facilities, which is driving a rising demand for sophisticated in-plant logistics solutions. These solutions are essential for streamlining material handling, enhancing inventory management, and ensuring the timely delivery of components and products within the plant. By adopting advanced in-plant logistics technologies, companies can optimize internal supply chains, reduce waste, and improve overall productivity. This shift towards more efficient and cost-effective operations not only boosts competitiveness but also supports sustainable manufacturing practices, making it a crucial focus for modern industries.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=203013862
The major players in the In-Plant Logistics Market with a significant global presence are Daifuku Co., Ltd. (Japan), JBT (US), KION GROUP AG (Germany), KUKA AG (Germany), and Toyota Industries Corporation (Japan). Companies in the market are dedicating resources to research and development with the aim of improving the effectiveness, adaptability, and scalability of their in-plant logistics solutions to meet the varied needs of industries globally. Furthermore, they are actively seeking partnerships and collaborations with local distributors, integrators, and technology providers in specific regions to solidify their international presence.
Daifuku Co., Ltd. specializes in consulting, designing, manufacturing, planning, and engineering material handling equipment, along with offering installation and after-sales services for logistics systems. The company operates through five business divisions—Daifuku, Daifuku North America, Automotive Business, Clean Factomation, Contec, and Others—and six segments: Intralogistics Business, Auto Wash Business, Cleanroom Business, Airport Business, and Electronics Business. Daifuku serves a wide range of sectors, including factory and distribution automation, e-factory automation, automotive factory automation, airport technologies, clean rooms, lifestyle products, and electronics. The company’s Intralogistics business primarily provides in-plant logistics solutions, featuring its ASRS (Automated Storage and Retrieval Systems) line of products within its manufacturing and distribution systems category. This segment offers advanced automated storage, transport, sorting, and picking systems to industries such as e-commerce, retail, wholesale, transportation and warehousing, food, pharmaceuticals, and chemicals.
Speak to Analyst @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=203013862
John Bean Technologies (JBT) is a leading technology solutions provider for the food processing and air transportation industries, operating under two main segments: JBT FoodTech and JBT AeroTech. JBT's diverse product portfolio includes freezing solutions, protein processing, in-container processing, fruit processing solutions, ground support equipment, gate equipment, airport services, military equipment, automated guided vehicles (AGVs), and financing solutions. Within the in-plant logistics market, JBT leverages its FoodTech business segment, drawing on over 25 years of experience to offer a broad range of products. The company has demonstrated consistent growth, particularly in the provision of AGVs, which serve as efficient automated solutions for their customers, enhancing operational efficiency and productivity.
