North America Logistics Automation Industry Overview
The market vendors that can fabricate and integrate the required equipment within the approved capital budgets and expected leads times have been continuing to dominate the market. The logistics automation market comprises several global players, vying for attention in a fairly-contested market space.
Technological disruption has been a key factor in sustainable competitive advantage. Also, in order to differentiate amongst offerings, the players have been witnessed moving toward the service capabilities. For instance, Locus considered the training aspect of its technology, and its LocusEmpower solution aids in training and the company claims it would onboard workers in days, rather than months.
Some of the prominent players in the market include Honeywell, Swisslog, Daifuku, Schaefer, among others. The presence of these players and their constant innovative activities are intensifying the market scenario. As the market poses moderate barriers to entry for new players, several new entrants backed by VC's have been able to gain traction in the market. This could further intensify the market competition.
North America Logistics Automation Market Leaders
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SSI SCHÄEFER AG
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Daifuku Co. Limited
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Kardex Group
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Honeywell Intelligrated
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Beumer Group GMBH & Co. KG
- *Disclaimer: Major Players sorted in no particular order