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.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=203013862  

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.

Speak to Analyst @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=203013862

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.

Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/in-plant-logistics-market-203013862.html  

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.

News Covered:

https://www.prnewswire.com/news-releases/in-plant-logistics-market-worth-19-5-billion-by-2028---exclusive-report-by-marketsandmarkets-302011252.html   

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. 

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com

Comments

Post a Comment

Popular posts from this blog

Trends Shaping the Environmental Test Chambers Market

The   Environmental Test Chambers Market Size  is expected to rise steadily; estimates show that it will reach USD 938 million by 2024 from USD 842 million in 2019, a compound annual growth rate (CAGR) of 2.18%. The most recent market research report outlines this growth trajectory and highlights the several variables that are driving this expansion. A variety of industrial verticals, including aerospace and defence, automotive, telecommunications, and electronics, are served by the market's segmentation based on type, which includes temperature and humidity chambers, customised chambers, and thermal shock chambers. Over the course of the forecast period, factors like strict regulatory requirements, rising need for dependable testing solutions, and technical developments in environmental testing equipment are anticipated to drive market expansion. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107895228 The environmental test chambers mar...
Read more

Microwave Revolution: Unraveling the Monolithic Microwave IC Market

Image
The   Monolithic Microwave IC Market  showed strong growth, reaching a worth of USD 9.7 billion in 2022 and expected to reach USD 17.0 billion by 2027. It is anticipated that the market would expand at a notable compound annual growth rate (CAGR) of 11.9% from 2022 to 2027. This growth trend shows how Monolithic Microwave Integrated Circuits (MMICs) are becoming more and more popular in a variety of industries. MMICs are essential parts of applications like consumer electronics, aircraft, defence, and telecommunications because of their small size and excellent performance at microwave frequencies. Technological developments, the growing need for high-frequency communication systems, and the extensive use of MMICs in developing technologies are the main factors propelling the market's growth. The MMIC market is expanding significantly due to a number of important factors. The smartphone industry is a major trigger for the spike in demand for Monolithic Microwave Integrated Cir...
Read more

Empowering Connectivity: RF Gallium Nitride Market on Track for $2.8 Billion by 2028

With a projected value of USD 2.8 billion by 2028, the global   RF Gallium Nitride (GaN) Market   is expected to experience significant expansion from its estimated USD 1.5 billion valuation in 2023. Over the course of the forecast period, this projected growth translates into a strong compound annual growth rate (CAGR) of 12.9%. Technological developments, the growing need for high-frequency and high-power devices, and the broad use of GaN technology in a variety of industries, including the automotive, aerospace and defence, and telecommunications sectors, are all considered contributing factors to the market value increase. The market is anticipated to experience substantial growth in the upcoming years as GaN continues to establish itself as a favoured material for RF applications because of its excellent qualities, such as high electron mobility and thermal stability. Download PDF Brochure:   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183000597 There are...
Read more