DLL, an international asset finance company for equipment and technology present in over 30 countries, is intensifying its activities in the global Intralogistics market. This will include offering investment solutions and services tailored for warehouse automation projects, such as picking systems, automated storage solutions, conveyor systems, automated guided vehicles (AGVs), automated sorting solutions, robot palletizing systems, baggage transport and sorting solutions. DLL’s solutions will help the Intralogistics industry to make its advanced technologies more attainable.
Significant growth of Intralogistics
The large increase in e-commerce, and urgent need for efficiency, cost reduction and flexibility has accelerated the need for automation in supply chain operations. Therefore, significant growth is foreseen in the Intralogistics segment across several industries in the coming years. The market was valued at USD 15 billion (EUR 12.7 billion) in 2019 and is expected to be worth USD 30 billion (EUR 25.3 billion) by 2026 following latest post-pandemic report from LogisticsIQTM.
“DLL has always been focused on the warehouse and logistics market and we offer our customers smart, customized and flexible financial solutions that help improve business continuity and reduce Total Cost of Operation (TCO). “As such, we enable equipment users to more easily adopt advanced technology,” says Neal Garnett, Global Business Unit President of Construction Transportation and Industrial at DLL.
Dedicated team of experts
DLL’s Intralogistics business will be led by Marco Wagner, who has over 20 years of experience in the industry. As Global Head of Intralogistics he will lead a team of regional experts dedicated to servicing partners and customers in this industry.
“The Intralogistics market has been one of steady growth areas and we anticipate continued positive developments across the globe. Following several successful transactions, we are excited and more than ready to expand our activities in this market,” states Marco Wagner, Global Head of Intralogistics at DLL.
DLL following customer needs
The Intralogistics market is complementary to DLL’s current asset portfolio, in depth industry knowledge and existing customer support facilities. This extension is part of DLL’s transformational growth strategy to increase market share in areas that fulfill the changing needs of our global partners and customers.