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In-Plant Logistics Market Share

Report ID: GMI10564
Published Date: Aug 2024
Report Format: PDF

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In-Plant Logistics Market Share

KION Group and Jungheinrich AG are the prominent players in the market holding approximately 10% of the market share in 2023. KION is significantly investing in research and development to innovate its product offerings. The company is developing advanced automation solutions, such as automated guided vehicles (AGVs) and robotics, to enhance in-plant logistics processes. Additionally, KION is integrating digital technologies, including warehouse management systems (WMS) and IoT solutions, to optimize material handling and improve operational visibility.

Jungheinrich is focused on the development and implementation of advanced automation technologies, including automated storage and retrieval systems (AS/RS) and robotics, to streamline in-plant logistics operations. The company provides a comprehensive approach by offering end-to-end logistics solutions that encompass all aspects of material handling, from equipment to software and services.

In-Plant Logistics Market Companies

Major players operating in the in-plant logistics industry are:

KION Group
Toyota Material Handling
Mitsubishi Logisnext
Jungheinrich AG
SSI Schafer
Honeywell Intelligrated
Daifuku Company Ltd.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of in-plant logistics reached USD 11.5 billion in 2023 and is set to register over 9.6% CAGR between 2024 and 2032, owing to the growth of Industry 4.0 and the expansion of smart factories.

The large facilities segment is expected to reach over USD 10.2 billion by 2032, as they integrate internal logistics with external supply chain activities.

North America market held 32% share in 2023, as the companies are increasingly investing in automated guided vehicles.

KION Group, Toyota Material Handling, Mitsubishi Logisnext, Jungheinrich AG, SSI Schafer, Honeywell Intelligrated, and Daifuku Company Ltd.