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Global Automated Material Handling Equipment Market – Industry Trends and Forecast to 2029

  • Semiconductors and Electronics
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • Semiconductors and Electronics
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Automated Material Handling Equipment Market, By Product (Robots, Automated Storage and Retrieval Systems (ASRS), Conveyor and Sortation Systems, Cranes, Automated Guided Vehicles (AGV)), System Type (Unit Load Material Handling Systems, Bulk Load Material Handling Systems), Software and Services (Software, Services), Function (Assembly, Packaging, Transportation, Distribution, Storage, Waste Handling), Industry (Automotive, Metals and Heavy Machinery, Food and Beverages, Chemicals, Semiconductor and Electronics, Healthcare, Aviation, E-Commerce, Others) – Industry Trends and Forecast to 2029

Global Automated Material Handling Equipment Market

Market Analysis and Size

Automated material handling equipment have taken a crucial role in numerous manufacturing industries throughout the globe. Industries are continuously emphasizing their ‘all under one roof’ policy while enhancing production capacity. These material handling equipment are ideal for distribution, and storage, waste handling.

Global Automated Material Handling Equipment Market was valued at USD 26.20 billion in 2021 and is expected to reach USD 55.71 billion by 2029, registering a CAGR of 9.89% during the forecast period of 2022-2029. Unit Load Material Handling Systems is expected to witness significant growth in the system type segments of the market owing to the surge in demand for automated material handling equipment in the e-commerce industry. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Automated material handling equipment shall be used for the processing, regulating, securing and motion of products. These instruments are very easy to be used throughout the production, usage and storage method. Automated material handling equipment simplifies the method and is used in contemporary day sectors.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014- 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Robots, Automated Storage and Retrieval Systems (ASRS), Conveyor and Sortation Systems, Cranes, Automated Guided Vehicles (AGV)), System Type (Unit Load Material Handling Systems, Bulk Load Material Handling Systems), Software and Services (Software, Services), Function (Assembly, Packaging, Transportation, Distribution, Storage, Waste Handling), Industry (Automotive, Metals and Heavy Machinery, Food and Beverages, Chemicals, Semiconductor and Electronics, Healthcare, Aviation, E-Commerce, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).

Market Players Covered

Anhui Heli Co., Ltd. (China), HAULOTTE GROUP (France), Ingersoll-Rand (US), SSAB (Sweden), Zoomlion Heavy Industry Science&Technology Co., Ltd. (China), Hyster-Yale Materials Handling, Inc. (US), PALFINGER AG (Austria), Cargotec Corporation (Finland), Columbus McKinnon Corporation (US), TOYOTA INDUSTRIES CORPORATION (Japan), KITO CORPORATION (Japan), XCMG Group (China), Linamar (Canada), Terex Corporation (US), Jungheinrich AG (Germany), Liebherr Group (Germany), Konecranes (Finland), Manitowoc (US), Tadano Ltd. (Japan), Crown Equipment Corporation (US), Mammoet (Netherlands), Komatsu Ltd. (Japan), and MITSUBISHI LOGISNEXT CO.,LTD (Japan), among others

Market Opportunities

  • Increase in level of order customization and personalization
  • Integration Of Internet of Things (IoT)
  • Surge in number of warehouse developments

Automated Material Handling Equipment Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • High Use in Food and Beverages Sector

The automated material handling equipment has found major application in the food and beverage industry due to the additional requirements for sanitation than other sectors. Requirement of stringent sanitary conditions for systems that transport foodstuffs is required by FDA and USDA that acts as one fo the major factors in driving the growth of the market.

  • Increase in Warehouses

The surge in number of warehouse developments in the advancing countries accelerate the market growth. The rise in need from the manufacturing industry has a positive impact on the growth of the market. The increase in startups offering robotic solutions for warehouse automation also drives the market further.

  • Concerns regarding Safety

The increase in the adoption of industrial lifting equipmenmt to enhance productivity, and reduce injuries and disasters further influence the market. Also, an inclination for IC-engine forklift trucks in developing regions assist in the expansion of the market.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the automated material handling equipment market.

Opportunities

Furthermore, increase in level of order customization and personalization along with digitization of supply chain processes with integration of IoT extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, presence of huge intralogistics sector in Southeast Asia will further expand the market.

Restraints/Challenges

On the other hand, high upfront cost of AMH equipment for SMEs and high integration and switching costs are expected to obstruct market growth. Also, production and revenue losses due to unwanted equipment downtime, and unavailability of technical expertise are projected to challenge the automated material handling equipment market in the forecast period of 2022-2029.

This automated material handling equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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, geographic expansions, technological innovations in the market. To gain more info on automated material handling equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Automated Material Handling Equipment Market

The COVID-19 had a negative impact on automated material handling equipment market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand for automated material handling equipment. The supply chain got hampered during the pandemic along with delay logistics activities. However, the automated material handling equipment market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.

Recent Developments

  • In September’2020, Bohus commissioned Jungheinrich with the construction of a new central warehouse near the Norwegian capital of Oslo, Lillestrom. The project includes comprehensive automation solutions, such as Miniload, conveyor systems, and high pallet racking warehouse.

Global Automated Material Handling Equipment Market Scope and Market Size

The automated material handling equipment market is segmented on the basis of product, system type, software and services, function and industry. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Robots

                         Fixed Robots

                         Automated Storage and Retrieval Systems (ASRS)

          • Unit Load
          • Mini Load
          • Vertical Lift Module
          • Carousel
          • Mid Load
          • Autostore

Conveyor and Sortation Systems

          • Belt
          • Roller
          • Overhead
          • Screw

Cranes

          • JIB
          • Bridge
          • Gantry
          • Stacker

Automated Guided Vehicles (AGV)

                                                      By Type

              • Tow Vehicles
              • Unit Load Carriers
              • Pallet Trucks
              • Assembly Line Vehicles
              • Forklift Truck
              • Others

                                                     By Navigation Technology

              • Laser Guidance
              • Magnetic Guidance
              • Inductive Guidance
              • Optical Tape Guidance
              • Vision Guidance
              • Others

System Type

  • Unit Load Material Handling Systems
  • Bulk Load Material Handling Systems

Software and Services

  • Software

                                          Warehouse Management System

                                           Warehouse Control System

                                            Warehouse Execution System

  • Services

                                            Maintenance and Repair

                                            Training

                                            Software Upgrades

Function

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

Industry 

  • Automotive
  • Metals and Heavy Machinery
  • Food and Beverages
  • Chemicals
  • Semiconductor and Electronics
  • Healthcare

                                         Pharmaceuticals

                                         Medical Devices

  • Aviation
  • E-Commerce
  • Others

Automated Material Handling Equipment Market Regional Analysis/Insights

The automated material handling equipment market is analyzed and market size insights and trends are provided by country, product, system type, software and services, function and industry.

The countries covered in the automated material handling equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific (APAC) dominates the automated material handling equipment market due to the increasing demand for cranes and hoists in the mining industry, rise in the demand for the product from mining and construction industries due to the rise in levels of industrialization activities within the region.

North America and Europe is expected to witness significant growth during the forecast period of 2022 to 2029 because of the increasing need for infrastructure and rising investment by the government for the development of the products in these regions.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Automated Material Handling Equipment Market

The automated material handling equipment 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 automated material handling equipment market.

Some of the major players operating in the automated material handling equipment market are

  • Anhui Heli Co., Ltd. (China)
  • HAULOTTE GROUP (France)
  • Ingersoll-Rand (US)
  • SSAB (Sweden)
  • Zoomlion Heavy Industry Science&Technology Co., Ltd. (China)
  • Hyster-Yale Materials Handling, Inc. (US)
  • PALFINGER AG (Austria)
  • Cargotec Corporation (Finland)
  • Columbus McKinnon Corporation (US)
  • TOYOTA INDUSTRIES CORPORATION (Japan)
  • KITO CORPORATION (Japan)
  • XCMG Group (China)
  • Linamar (Canada)
  • Terex Corporation (US)
  • Jungheinrich AG (Germany)
  • Liebherr Group (Germany)
  • Konecranes (Finland)
  • Manitowoc (US)
  • Tadano Ltd. (Japan)
  • Crown Equipment Corporation (US)
  • Mammoet (Netherlands)
  • Komatsu Ltd. (Japan)
  • MITSUBISHI LOGISNEXT CO.,LTD (Japan)


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Frequently Asked Questions

Global Automated Material Handling Equipment Market is expected USD 55.71 billion by 2029.
The Automated Material Handling Equipment Market is to grow at a CAGR of 9.89% during the forecast by 2029.
On the basis of product, the Automated Material Handling Equipment Market is segmented into Robots, Automated Storage and Retrieval Systems (ASRS), Conveyor and Sortation Systems, Cranes, Automated Guided Vehicles (AGV).
The major players operating in the Automated Material Handling Equipment Market are Anhui Heli Co., Ltd. (China), HAULOTTE GROUP (France), Ingersoll-Rand (US), SSAB (Sweden), Zoomlion Heavy Industry Science&Technology Co., Ltd. (China), Hyster-Yale Materials Handling, Inc. (US), PALFINGER AG (Austria), Cargotec Corporation (Finland), Columbus McKinnon Corporation (US), TOYOTA INDUSTRIES CORPORATION (Japan), KITO CORPORATION (Japan), XCMG Group (China), Linamar (Canada), Terex Corporation (US), Jungheinrich AG (Germany), Liebherr Group (Germany), Konecranes (Finland), Manitowoc (US), Tadano Ltd. (Japan), Crown Equipment Corporation (US), Mammoet (Netherlands), Komatsu Ltd. (Japan), and MITSUBISHI LOGISNEXT CO.,LTD (Japan), among others.