In-Plant Logistics Market Surges, Forecasting $19.5 Billion Valuation by 2028

The In-Plant Logistics Market is estimated to be worth USD 12.3 billion in 2023 and is projected to reach USD 19.5 billion by 2028 at a CAGR of 9.7% during the forecast period. Companies are increasingly focusing on operational efficiency and cost-effectiveness within manufacturing facilities, leading to a rising demand for sophisticated in-plant logistics solutions.

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.

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In-Plant Logistics Market

Daifuku Co., Ltd. is involved in consulting, designing, manufacturing, planning, and engineering material handling equipment. The company also provides installation and after-sales services for logistics systems. The company offers various products through five business divisions: Daifuku, Daifuku North America, Automotive Business, Clean Factomation, Contec, and Others. It operates through six segments: Intralogistics Business, Auto Wash Business, Cleanroom Business, Airport Business, and Electronics Business. Daifuku serves many businesses—factory and distribution automation, e-factory automation, automotive factory automation, airport technologies, clean rooms, lifestyle products, and electronics. The company mainly provides in-plant logistics under its Intralogistics business. This business offers the ASRS line of products through its manufacturing and distribution systems category. The segment provides automated storage systems, transport, sorting, and picking systems to various industries, including e-commerce, retailers, wholesalers, transportation and warehousing, food, pharmaceutical, and chemical.

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John Bean Technologies (JBT) is a technology solutions provider to the food processing and air transportation industries. The company operates under two business segments—JBT FoodTech and JBT AeroTech. The product portfolio of JBT includes freezing solutions, protein processing, in-container processing, fruit processing solutions, ground support equipment, gate equipment, airport services, military equipment, AGVs, and financing solutions. JBT caters to the in-plant logistics market through the JBT FoodTech business segment. With more than 25 years of experience in this market, the company has a wide range of product offerings. The company has shown consistent growth in offering AGVs as an efficient automated solution to its customers.

KION GROUP AG is one of the leading manufacturers of industrial trucks, AMH solutions, and related services. The company operates through three business segments—Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services. In November 2016, KION GROUP AG acquired Dematic, a global leader in providing a wide range of intelligent intralogistics and materials handling solutions, to develop advanced material handling solutions. KION GROUP AG offers its products and services under various brands, including Linde, STILL, Baoli, Egemin Automation, Fenwick, OM STILL, Dematic, and Voltas. KION GROUP AG offers in-plant logistics solutions under the Industrial Trucks and services and Supply Chain Solutions business segments. Under the Industrial Trucks & Services segment, the company sells forklift trucks, warehouse technology, and related services.

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KUKA AG specializes in developing robots, automated production systems, and solutions. It offers products and services related to robotic systems; production machines; and production systems and mobility products for medical, research, engineering, and industrial use. The company operates through five business segments: Robotics, Systems, Swisslog, Swisslog Healthcare, and China. The Robotics segment designs, develops, produces, sells, and services industrial robots. It also develops and markets products for the service robotics and healthcare segments. KUKA AG’s Swisslog segment provides automation solutions to e-commerce/retail, warehouse logistics, and healthcare sectors. It designs and develops automation solutions for distribution centers and warehouses. The Warehouse Distribution Solutions (WDS) segment of Swisslog offers industry-specific solutions to distribution centers and automated warehouses. It also provides consulting, software solutions, general contracting, implementation, and lifetime support services.

Toyota Industries Corporation manufactures and sells automobiles and industrial machines. It operates through three industrial segments: Automobile, Materials Handling Equipment, and Textile Machinery. Toyota Industries Corporation’ Material Handling Equipment segment has two strong brands: TOYOTA and RAYMOND, offering optimal materials handling solutions to customers worldwide. In 2017, Netherlands-based Vanderlande Industries Holding B.V. and North America-based Bastian Solutions LLC became part of TICO and formed TALG (Toyota Advanced Logistics Group). Bastian Solutions, which currently operates under the Toyota Advanced Logistics segment, is an important player in the ASRS market, providing system integration solutions for material handling. The products supplied by Bastian Solutions include mobile robots, automated storage and retrieval systems (ASRS), automated guided vehicles (AGVs), goods-to-person technology, sortation, and conveyors. The company is an integrator of high-speed automated storage and retrieval systems and offers a high throughput and sequencing ASRS.

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