Global Automated Material Handling Equipment Market

Global Automated Material Handling Equipment Market, By Product Type (Robotic System, Automated Crane, and Automatic conveyor and sortation), By System Type (Unit load material handling equipment), By Component (Hardware, Software, and Services), By Application (Assembly, Packaging, Transportation), By End-User Industry (Automotive, Chemical, Electronics, Healthcare, and Others), and By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa)-Global Forecast to 2027.

Frequently Asked Questions (FAQ):

Automated material handling equipment ensures efficient transport of products and materials from one place to another place within the same manufacturing departments or even in two separate buildings using conveyors, vertical elevators, and autonomous vehicles.

The Automated Material Handling Equipment market size was valued at USD 41.1 Billion in 2020 and projected to reach USD 78.8 Billion by 2027, growing at a CAGR of 11.8% during the forecast period, 2019-2027.

The Automated Material Handling Equipment market is expected to grow significantly due to the growing adoption of automation among various industry verticals and the increasing e-commerce industry.

The key users for automated material handling equipment are Automated Material Handling Equipment market is classified into Automotive, Chemical, Rubber and Plastic, Aviation, Electronics, E-commerce, Food and Beverages, Healthcare, Third-Party Logistics (3PL), and Others.

The Asia Pacific region is expected to negotiate the Automated Material Handling Equipment market due to growing awareness regarding automation and increasing e-commerce and manufacturing industries in emerging economies like China, India, and Japan.

Companies include Daifuku Co. Ltd., Seimens AG, Bosch Rexroth, Murata Machinery Ltd., Swisslog Holding AG, SSI Schaefer AG, Dematic Group, Toyota Industries Corporation, JBT Corporation, Bastian Solutions Inc., KUKA AG, and viastore Sytems Gmbh are the key players in the Automated Material Handling Equipment market.

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