Global Automated Material Handling Market, By Product Type (Robots, Automated Storage and Retrieval System (ASRS), Conveyors and Sortation Systems, Cranes, Warehouse Management System (WMS) and Automated Guided Vehicle (AGV)), System Type (Unit Load Material Handling Systems and Bulk Load Material Handling Systems), Industry (Automotive, Semiconductor and Electronics, Metals and Heavy Machinery, Chemicals, Food and Beverages, E-commerce, Healthcare, Aviation, Third Party Logistics (3PL) and Others), and Country (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) Industry Trends and Forecast to 2028.
The automated material handling market is expected to witness market growth at a rate of 9.83% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automated material handling market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the labour costs and safety concerns is escalating the growth of automated material handling market.
Automated material handling equipment can be referred to automate the most tiresome, unsafe and dull tasks in the manufacturing the line of various industries. The equipment is utilized by the end users to develop the quality, flexibility, throughput, and consistency all along with the decline in the ergonomic hazards for employees.
Major factors that are expected to boost the growth of the automated material handling market in the forecast period are the rise in the need for automated storage and retrieval systems (ASRS) in e-commerce because of the COVID-19 outbreak. Furthermore, the rise in the occurrence of start-up companies presenting robotic solutions for the warehouse automation is further anticipated to propel the growth of the automated material handling market. Moreover, the increase in the trend of AMH equipment amongst the leading industries is further estimated to cushion the growth of the automated material handling market. On the other hand, the rise in the direct cost of AMH equipment for SMEs is further projected to impede the growth of the automated material handling market in the timeline period.
In addition, the rise in the level of order customization and personalization will further provide potential opportunities for the growth of the automated material handling market in the coming years. However, the manufacturing and the revenue losses because of the unwanted equipment downtime might further challenge the growth of the automated material handling market in the near future.
This 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, geographic expansions, technological innovations in the market. To gain more info on 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.
Automated Material Handling Market Scope and Market Size
The automated material handling market is segmented on the basis of product type, system type and industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the automated material handling market is segmented into robots, automated storage and retrieval system (ASRS), conveyors and sortation systems, cranes, warehouse management system (WMS) and automated guided vehicle (AGV).
- On the basis of system type, the automated material handling market has been segmented into unit load material handling systems and bulk load material handling systems.
- On the basis of industry, the automated material handling market has been segmented into automotive, semiconductor and electronics, metals and heavy machinery, chemicals, food and beverages, e-commerce, healthcare, aviation, third party logistics (3PL) and others.
Automated Material Handling Market Country Level Analysis
The automated material handling market is analysed and market size, volume information is provided by country, product type, system type and industry as referenced above.
The countries covered in the automated material handling market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the automated material handling market due to the rise in the acceptance of advanced products to support large-scale industrial existence. Furthermore, the increase in the automated material handling equipment and systems rapidly will further boost the growth of the automated material handling market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the automated material handling market due to the rise in the demand for automation. Moreover, the development in the manufacturing sector is further anticipated to propel the growth of the automated material handling market in the region in the coming years.
The country section of the 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 like 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 Market Share Analysis
The 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, regional presence, 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 market.
The major players covered in the automated material handling market report are GreyOrange., Geekplus Technology Co., Ltd., Scallog, Eiratech Robotics, Dematic, Witron, TGW Logistics Group, Knapp AG, Advanced Automated Systems, Inc., Taylor Material Handling & Conveyor, l3 Technologies, Inc., Arcadis, Mecalux, S.A., Performance People, Conveyco, Daifuku co., ltd., IAM Robotics, Material Handling Systems, Swisslog Holding Ltd., Schaefer Systems International Pvt Ltd and Amber Group India among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.