Intralogistics Market is estimated to be US$ 122.63 billion by 2030 with a CAGR of 11.50% during the forecast period
Intralogistics Market accounted for US$ 41.23 billion in 2020 and is estimated to be US$ 122.63 billion by 2030 and is anticipated to register a CAGR of 11.50%. The worldwide intralogistics market is expected to increase at a rapid rate from 2020 to 2030, owing to the ease with which intralogistics technologies manage and deliver optimal process flow in a firm. Automated material handling equipment is commonly employed in manufacturing and warehousing units with the purpose of lowering downtime and labour costs, merging manufacturing, transportation, and distribution more efficiently, and creating a quick and high return on investment. Furthermore, the material handling business has been changed by the incorporation of developing technologies such as artificial intelligence and the Internet of Things, and these technologies have resulted in industry breakthroughs. The report " Global Intralogistics Market, By Component (Diverter Rollers for Conveying Systems, Support and