Europe Automated Material Handling Market, By Offering (Hardware, Software, Services), System Type (Bulk Load Material Handling Systems, Unit Load Material Handling Systems), Product Type (Robots, Automated Storage and Retrieval System (ASRS), Conveyors and Sortation Systems, Cranes, Warehouse Management System (WMS), Automated Guided Vehicle (AGV)), Function (Storage, Transportation), Industry (Automotive, Semiconductor and Electronics, Metals and Heavy machinery, Pharmaceuticals, Food and Beverages, Retail, Construction, E-commerce, Chemicals, Paper, Others), Country (U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Ireland, Rest of Europe) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses the Europe automated material handling market will exhibit a CAGR of 9.0% for the forecast period of 2021-2028.
Automated material handling (AMH) is described as automation within the manufacturing unit or production unit that procures raw materials and delivers completed items to the intended consumer. Within the manufacturing facility, it eliminates the need for human labour. Automated material handling can boost productivity, scalability, and operational efficiency by reducing the odds of error or defect. Material handling equipment referred to the equipment which is utilized in automated material handling. Their main function includes protection, storage, and control of the material, movement, distribution, products or the goods within the whole manufacturing, disposal, and consumption process.
The rise in the labour costs along with safety concerns and growth in the availability of start-up companies providing robotic solutions for warehouse automation will influence the growth of automated material handling market. Furthermore, the surge in the demand for automated storage and retrieval system (ASRS) in e-commerce due to COVID-19 will enhance the market growth rate. The increasing popularity of AMH equipment amongst leading industries and growing level of order customization and personalization are the drivers accelerating the market growth rate.
Moreover, digitalization of supply chain processes coupled with the integration of IoT and AMH equipment and the growth of various industries in emerging economies will create beneficial opportunities for the market's growth.
However, the dearth of skilled workforce and high cost associated with AMH equipment are the factors that will act as restraints for the growth of automated material handling market. High integration and switching costs and technical challenges allied with sensing elements will further challenge the growth of the market.
This Europe automated material handling market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Europe automated material handling market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Automated Material Handling Market Scope and Market Size
Europe automated material handling market is segmented on the basis of offering, system type, product type, function and industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- Based on offering, the automated material handling market is segmented into hardware, software and services.
- Based on system type, the automated material handling market is segmented into bulk load material handling systems and unit load material handling systems.
- The automated material handling market on the basis of product type is segmented into robots, automated storage and retrieval system (ASRS), conveyors and sortation systems, cranes, warehouse management system (WMS) and automated guided vehicle (AGV).
- Based on function, the automated material handling market is segmented into storage and transportation.
- Based on industry, the automated material handling market is segmented into automotive, semiconductor and electronics, metals and heavy machinery, pharmaceuticals, food and beverages, retail, construction, e-commerce, chemicals, paper and others.
Europe Automated Material Handling Market Country Level Analysis
Europe automated material handling market is analysed and market size, volume information is provided by country, offering, system type, product type, function and industry as referenced above.
The countries covered in Europe automated material handling market report are Germany, France, the U.K, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland, and Rest of Europe.
Germany dominates the Europe automated material handling market during the forecast period of 2021-2028 due to the presence of major key players and growing demand from various end-user industries such as automotive sector in this region.
The country section of Europe automated material handling market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Automated Material Handling Market Share Analysis
Europe automated material handling market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe automated material handling market.
The major players covered in Europe automated material handling market report are GreyOrange, Geekplus Technology Co., Ltd., Eiratech Robotics Ltd., Scallog, Dematic, Witron, TGW Logistics Group, KNAPP AG, Mecalux, S.A., Arcadis NV, Conveyco (Pty) Ltd, Naumann/Hobbs Material Handling, Daifuku Co., Ltd., IAM Robotics, Material Handling Systems, Swisslog Holding AG, SCHAEFER SYSTEMS INTERNATIONAL PVT LTD, Amber Industries, Advanced Automation Systems, Inc., Taylor Material Handling and Conveyor, L3Harris Technologies, Inc., among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.