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Automated Material Handling Equipment Market Research Report – Segmentation By Product (Robots, ASRS, Conveyor and Sortation Systems, Cranes, AGV), System Type (Unit Load, Bulk Load), Software & Services (Software, Services), Function (Assembly, Packaging, Transportation, Distribution, Storage, Waste Handling) and Regional Analysis (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) and – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2022 – 2027)

Published: January, 2022
ID: 8915
Pages: 150
Formats: report pdf report excel report power bi report ppt

Automated Material Handling Equipment Market (2022 - 2027)

The Global Automated Material Handling Equipment Market size is valued at USD 34.7 Billion in 2021 and is expected to grow at a CAGR of 7.9% over the forecast period to reach a valuation of USD 55.3 Billion in 2027.

Automated Material Handling Equipment Market

Market Overview:

Material handling equipment refers to tools and systems used for the transport, protection, control, and recovery of products and materials. They are used in warehouses and manufacturing facilities for the rapid movement of goods, for the location of stocks, and the preparation of orders. Such services can boost production performance and provide a cost-effective and reliable method of transporting goods. In addition, equipment improves production activities by ensuring a secure, productive, and rapid transfer of products to manufacturing plants. Material handling equipment ensures productivity by enhancing logistics at warehouses and manufacturing plants. These products offer a cost-effective, process-efficient, and accurate method for the rapid transition of goods across manufacturing plants.

AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2021 – 2027

Base Year

2021

Forecast Period

2022 - 2027

CAGR

7.9%

Segments Covered

By Product, System Type, Software & Services, Function

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East, and Africa 

Market Leaders Profiled

Toyota Industries (Japan), Jungheinrich (Germany), KION (Germany), Daifuku (Japan), Hyster-Yale Materials Handling (US), Hanwha (South Korea), John Bean Technologies (US), KUKA (Germany), BEUMER (Germany), Fives (France), KNAPP (Germany), Murata Machinery (Japan), SSI Schaefer (Germany), TGW (Austria), viastore (Germany).

Market Drivers, Restraints, and Opportunities:

Significant factors which have helped drive the Automated Material Handling Equipment Market forward are -

  • The growing penetration of advanced technologies such as RFID, IoT in the 3PL, food and retail, and e-commerce industries is driving material handling equipment market growth
  • The incorporation of these technologies will help to save time and costs in manufacturing processes, resulting in increased accuracy and increased customer satisfaction
  • Increased labor costs, along with inconveniences associated with the provision of benefits such as health and safety coverage, pensions, paid leave, bonuses, and promotions for workers, are expected to drive the market demand
  • Some businesses are introducing equipment to reduce the number of staff in charge of the job. The equipment helps enterprises to ensure the health of employees by reducing injuries at work while storing and transporting goods

The factors holding the Automated Material Handling Equipment Market back include -

  • The initial cost of setting up and installing automated material handling equipment is substantial, which restricts the use of such equipment in massive manufacturing organizations

Material handling machinery helps businesses to achieve high productivity through the automation of all processes. This helps produce high-quality products and reduces operating costs. E-commerce and 3PL companies are increasingly installing automated material handling systems to minimize product delivery time to customers and to ensure that supplies are processed in distribution centers and warehouses for the timely delivery of items.

Automated Material Handling Equipment Market Segmentation Analysis:

By Product:

  • Robots
  • ASRS
  • Conveyor and Sortation Systems
  • Cranes
  • AGV

By System Type:

  • Unit Load
  • Bulk Load

By Software & Services:

  • Software
  • Services

By Function:

  • Assembly
  • Packaging
  • Transportation
  • Distribution
  • Storage
  • Waste Handling

Geographical Segmentation Analysis:

  • North America - the United States and Canada
  • Europe - United Kingdom, Spain, Germany, Italy, and France
  • The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
  • Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
  • The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

By Region Analysis:

APAC is projected to represent the largest share of the Material Handling Equipment Market by 2018. Increasing knowledge of material handling automation, the increased focus of leading economies such as China and Japan on robotics and automation, and the booming e-commerce industry are some of the primary factors contributing to the largest size of APAC on the market. China has been the main contributor to the development of the demand for AMH equipment in APAC. The development of manufacturing and warehousing infrastructure in China is expected to raise the demand for AMH equipment in China in the coming years.

Key Players in the Market:

Major Key Players in the Global Automated Material Handling Equipment Market are

  • Toyota Industries (Japan)
  • Jungheinrich (Germany)
  • KION (Germany)
  • Daifuku (Japan)
  • Hyster-Yale Materials Handling (US)
  • Hanwha (South Korea)
  • John Bean Technologies (US)
  • KUKA (Germany)
  • BEUMER (Germany)
  • Fives (France)
  • KNAPP (Germany)
  • Murata Machinery (Japan)
  • SSI Schaefer (Germany)
  • TGW (Austria)
  • viastore (Germany)

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FAQ's

What can be the size of the global Automated Material Handling Equipment Market by 2027?

By 2027, it is predicted that the global Automated Material Handling Equipment market can reach a valuation of US$ 55.3 billion.

What can be the compound annual growth rate of the global Automated Material Handling Equipment market?

The global Automated Material Handling Equipment market can expand with a CAGR of 7.9% during the forecast period.

Mention the major key players in the global automated material handling equipment market?

Toyota Industries (Japan), Jungheinrich (Germany), KION (Germany), Daifuku (Japan), Hyster-Yale Materials Handling (US), Hanwha (South Korea), John Bean Technologies (US), KUKA (Germany), BEUMER (Germany), Fives (France), KNAPP (Germany), Murata Machinery (Japan), SSI Schaefer (Germany), TGW (Austria), viastore (Germany) and Others.

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