In-plant Logistics Market Size To Reach $23.28 Billion By 2030

In-plant Logistics Market Growth & Trends

The global in-plant logistics market is anticipated to reach USD 23.28 billion by 2030, exhibiting a CAGR of 9.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is fueled by a confluence of factors, making it a key area for manufacturers to focus on.The increasing adoption of advanced technologies like automation, robotics, and real-time tracking systems, which are revolutionizing material flow precision and control within manufacturing facilities. Industries such as automotive, aviation, food & beverages, healthcare, and metals & heavy machinery are leveraging these technologies to enhance operational efficiency and streamline production processes.

Manufacturers are increasingly embracing automation technologies like robots, automated storage and retrieval systems (ASRS), and automated guided vehicles (AGVs) to optimize internal material handling and streamline production processes. Further, real-time location systems (RTLS) and warehouse management systems (WMS) are gaining traction. These solutions provide valuable data on inventory levels, material flow, and equipment performance, enabling data-driven decision-making for improved efficiency. Sustainable practices are also becoming a priority. Optimized logistics processes lead to lower operational costs and increased profitability, further boosting market growth.

However, there are a few challenges that persist in the market. Implementing advanced automation solutions can be expensive. The initial investment costs for robots, ASRS, and other technologies can be a hurdle for some manufacturers. Implementing advanced logistics technologies can pose challenges related to technical complexities and equipment downtime. Hence, the manufacturers need to ensure seamless integration to avoid disruption in operations. Organizational design directly impacts workflow efficiency, emphasizing the need for shorter lead times and streamlined inventory movement. While automation addresses the labor shortage to some extent, operating and maintaining these sophisticated systems requires a skilled workforce.

The global in-plant logistics market is highly competitive, with key players like Honeywell, Daifuku Co., Ltd., SSI Schaefer, Toyota Material Handling Group, and others dominating the industry. These companies offer a wide range of in-plant logistics solutions, including robots, ASRS, conveyors & sortation systems, cranes, AGVs, WMS, and RTLS, catering to various industries such as automotive, aviation, food & beverages, metals & heavy machinery, semiconductor & electronics, healthcare, and more.

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In-plant Logistics Market Report Highlights

• The global market is expected to reach $23.29 billion by 2030, growing at a CAGR of 9.6%. This growth is driven by factors like increasing automation adoption, rising demand for supply chain optimization, and the e-commerce boom.

• High upfront investment costs for automation solutions and integration complexities can be hurdles for some manufacturers.

• The robots segment dominated the in-plant logistics market, driven by the need for increased efficiency, accuracy, and speed in warehouses. Robotic systems are capable of performing repetitive tasks 24/7 with high precision, reducing human error and increasing overall productivity. This has made them a preferred choice for in-plant logistics operations.

• ASRS are expected to see the highest growth rate of 11.3% over the forecast period from 2024 to 2030, due to their ability to maximize space utilization and streamline inventory management.

• The receiving & delivery docks segment asserted its dominance in the in-plant logistics market, claiming the largest market share of 26.2% in 2023.Integration of real-time tracking systems with receiving and delivery docks allows for better inventory management and informed planning throughout the in-plant logistics chain.

• North America, led by the U.S., dominated the market in 2023, driven by its booming manufacturing sector and rising labor costs. The growing trend of omnichannel fulfillment is further driving the need for faster and more efficient order fulfillment within manufacturing plants.

• In June 2023, BEUMER Group GmbH & Co. KG acquired The Hendrik Group Inc., a provider of air supported belt conveyors, to expand its portfolio in bulk material transport within manufacturing facilities. By integrating The Hendrik Group's expertise in air-supported belt conveyors, BEUMER Group GmbH & Co. KG can offer a wider range of solutions to manufacturers, catering to the growing demand for efficient and environmentally friendly bulk material transport within production facilities.

In-plant Logistics Market Segmentation

Grand View Research has segmented the global In-plant Logistics market based on product, location, industry vertical, and region:

In-plant Logistics Product Outlook (Revenue, USD Million, 2017 - 2030)

• Robots

• Automated Storage And Retrieval Systems (ASRS)

• Conveyors & Sortation Systems

• Cranes

• Automated Guided Vehicles (AGVs)

• Warehouse Management Systems (WMS)

• Real-time Location Systems (RTLS)

In-plant Logistics Location Outlook (Revenue, USD Million, 2017 - 2030)

• Receiving & Delivery Docks

• Assembly/Production Lines

• Storage Facilities

• Packaging Workstations

• Others

In-plant Logistics Industry Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• Automobiles

• Retail & Consumer Goods

• Food & Beverages

• Metals & Heavy Machinery

• Electronics

• Others

In-plant Logistics Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Mexico

• Middle East and Africa (MEA)

  • KSA

  • UAE

  • South Africa

List of Key Players in the In-plant Logistics Market

• BEUMER Group GmbH & Co. KG

• C.H. Robinson

• CEVA Logistics

• Dachser

• Daifuku Co., Ltd.

• Expeditors

• GXO Logistics

• Honeywell International Inc.

• JBT Corporation

• KUKA AG

• Nippon Yusen Kabushiki Kaisha (NYK Line) (Yusen Logistics)

• SSI Schaefer Group

• TGW Logistics Group

• Toyota Industries Corporation

• XPO Logistics