Industrial automation equipment

Global Automated Material Handling Equipment Market

October 4, 2021
ID: SR/IAE-08
Format:Pdf
Pages:220

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.

Description

The automated material handling (AMH) 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 2021-2027. The growing adoption of automation among various industry verticals is one of the key factors increasing the demand for the automated material handling equipment. The availability of technologically advanced equipment such as Robots and Automated storage and retrieval systems (ASRS) and the growing popularity of automated material handling equipment in leading manufacturing and e-commerce industries to enhance operational performance, minimize high labor cost, and rising safety concerns are the primary factors accelerating the growth of automated material handling equipment (AMH) market.

What is Automated Material Handling Equipment?

Material handling is an integrated system that involves various activities, including handling, storing, and controlling products and materials during the manufacturing, warehousing, consumption, and disposal processes. Material handling systems comprise automatic, semi-automatic, and manual equipment designed to ensure efficient transport, minimum cost and compatibility with other manufacturing equipment. 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.

Growth Driver

Growing demand for Automated Material Handling Equipment among various manufacturing and e-commerce industries.

The growing adoption of automation among various industries is the key factor escalating the growth of the global automated material handling equipment market. Another aspect boosting the growth of the automated material handling equipment market is developing automated guided vehicles with programming capabilities. The high demand for highly flexible, intelligent, and versatile material handling equipment among leading industries is the primary factor driving the growth of automated material handling equipment across the globe. In addition, to maintain the competitive advantage, the leading industries are largely adopting automated material handling systems to increase their operational efficiency. Furthermore, the growing e-commerce industry has created several opportunities for the leading manufacturers in the automated material handling equipment market. The shifting preference of consumers towards online shopping has increased the immense burden on e-commerce industries worldwide. Thus, resulting in the adoption of automated storage and retrievable systems among e-commerce industries.

Restraints

The shortage of skilled labor and high cost associated with the automated material handling systems is expected to restrain the growth of the automated material handling equipment market during the forecast period. In addition, the high cost of installation and maintenance has expected to slow down the demand for automated material equipment among small and medium enterprises. Moreover, the growing concerns towards manual labor replacement are the key factor hampering the automatic material handling equipment in emerging economies.

Opportunities

High adoption of digitalization in supply chain process with integration of IoT and AMH equipment

The rise in the adoption of industrial IoT among leading manufacturers is driving a huge transformation. It increases networking and intuitive collaboration with users and helps in reducing downtime, supercharges productivity, and boosts accuracy. With the help of modern technologies, the key players are introducing various technologies in automated equipment, including robotic systems, wireless technologies, and automated guided driverless vehicles, which will provide various opportunities in the growth of automated material handling equipment in emerging markets. Furthermore, the easy availability of robotic solutions for warehouse automation and rising popularity of automated storage and retrievable, automated guided vehicles, automated sorters, and conveyors will accelerate the demand for automated material handling equipment in the coming years.

Pre Covid-19 impact

Factors such as rapid industrialization and increased growth of various manufacturing industries had created various opportunities for the growth of the automated material handling equipment market across the globe. The rapid expansion of automobile industries in developing and developed countries has boosted the demand for automated material handling equipment. The high demand for automated guided vehicles, conveyors, and robotics solutions among various industries verticals, including metals & heavy machinery, food and beverages, and chemical industries, has increased the growth of the automated material handling equipment market across the globe.

Covid-19 impact

The COVID-19 pandemic has severely impacted the automated material handling equipment market in 2020 around the globe. The sudden decline in the demand for automated material handling equipment is attributable to the stringent regulations imposed on the various manufacturing industries, resulting in the decreased shipments of automated material handling equipment. Furthermore, the downfall of automotive and other manufacturing industries has slowed down the demand for automated material handling equipment in emerging economies such as China, India, South Korea, and various other countries across the globe.

Moreover, the market is likely to grow significantly in the coming years due to easing norms such as social distancing and nationwide lockdown. The automated material handling equipment market will recover owing to rapid growth in e-commerce and growing safety concerns among various industry verticals.

Post Covid-19 impact

There will be significant growth in the automated material handling equipment market during the forecast period. The rapid industrialization, growing presence of start-up companies offering robotic solutions at low prices, the widespread adoption of the internet of things (IoT), and artificial intelligence will provide lucrative opportunities escalating the automated material handling equipment market across the globe. Furthermore, the significant growth of aerospace, agriculture, automotive, chemical, and construction industries and intense competition among e-commerce industries will drive the automated material handling equipment market growth in the coming years.

Product Type Segmental Analysis

Based on the product type, the Automated Material Handling Equipment market is segmented into Robotic System, Automated Crane, Automated guide vehicle, Automated storage and retrieval system, and Automated conveyor and sortation system.

Automated guided vehicle systems are expected to dominate the automated material handling equipment market during the forecast period. This growth is concerned with the high demand for material handling vehicles without human operators among manufacturing industries. Automated guided vehicles are highly flexible, intelligent and versatile material handling systems and the growing adoption of automated vehicles with programming capabilities among various industrial sectors, including electronics, chemicals, oil and gas, and automobile industries. These are the major attributes driving the growth of the automated material handling equipment market.

Furthermore, Robotics systems are expected to have significant market growth during the forecast period. The growth is attributable to the growing adoption of robotics systems in e-commerce industries to reduce downtime, boost accuracy, and supercharge productivity. These robotic systems and automated guided vehicles help e-commerce industries to maintain a competitive advantage by offering faster delivery of products to their customers.

System Type Segmental Analysis

The Automated Material Handling Equipment market is categorized into Unit load material handling equipment and bulk load material handling equipment. Unit load material handling equipment is expected to have the largest market share during the forecast period. Various industries widely use these systems due to their low cost and wide applications. These systems reduced the loading and unloading time by reducing the number of trips as they can handle several items together, thereby minimizing industries’ manufacturing costs. Furthermore, the high demand for automated material handling equipment in e-commerce industries is expected to drive the unit load material handling equipment in the coming years.

Application Segmental Analysis

Based on the application, the Automated Material Handling Equipment market is classified into Assembly, Packaging, Transportation, Distribution, Storage, and Waste Handling. The transportation and distribution segment is expected to have significant market growth during the forecast period. Automated material handling equipment is widely used for transporting, loading, and unloading materials at various locations in the manufacturing area. The high demand for automated guided vehicles among metals and heavy machinery industries will drive the overall growth of the automated material handling equipment market across the globe.

End-User Industry Segmental Analysis

Based on the end-user industry, the 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.

Third-Party Logistics (3PL) is expected to have significant growth during the forecast period. 3PL offers warehousing and transportation services to various companies to meet their products’ demands and delivery services to customers. The growing consumption for efficient order management, increased logistics and transportation operations outsourcing, and growing supply chain networks have surged the demand for automated material handling equipment in the 3PL industry. Furthermore, the surge in the online sales of pharmaceuticals, household products, and other goods has increased the e-commerce industry. These are the key factors driving the market growth of automated material handling equipment in the 3PL industry during the forecast period.

Region Segmental Analysis

The Automated Material Handling Equipment market is categorized into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific is to have a significant CAGR during the forecast period. The growing industrialization and increasing automation investment among industries have boosted the demand for automated material handling equipment. Growing e-commerce, manufacturing, automotive, and food and beverage industries have increased the demand for automated equipment handling in emerging economies. Furthermore, the market is expected to grow significantly in countries like China and Japan due to key manufacturers’ presence and growing demand for automation among industries to meet customers’ increased demand.

Competitor Analysis

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.

Key Stakeholders

Market research and consulting firms
Industry associations
Global Automated Materials Handling Equipment manufacturing firm
Local Governments
Regulatory bodies
Suppliers
Retailers

Recent Developments

In September 2021, Daifuku Oceania partnered with New Zealand Post to implement automated packet and parcel sortation, along with advanced inbound processing and automated singulation technology.
In June 2021, JBT Corporation has acquired Previno, a leading provider of Food Safety technology, primarily for poultry solutions.
In October 2020, SSI Schaefer partnered with Coop for intralogistics to provide a cutting-edge, energy-efficient, highly automated logistics solution for their new 77,000 m² distribution center in Eskilstuna, Sweden.
In September 2020, the KION group expanded its production facility in Stoibro (Czech Republic) by adding a third factory building.

Scope of the Report

Report Attribute	Details
Market Size Value in 2020	USD 41.1 Billion
The revenue forecast in 2027	USD 78.8 Billion
Growth Rate	CAGR of 11.8% from 2020 to 2027
Historical data	2017-2019
Forecast Period	2021 – 2027
Region covered	America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key companies Profiled	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, Viastore Systems Gmbh

Market Modelling

By Product Type

Robotic System
Automated Crane
Automated guided vehicle
Automated storage and retrieval systems
Automatic conveyor and sortation system

By System Type

Unit load material handling equipment
Bulk load material handling equipment

By Component

Hardware
Software
Services

By Application

By End-User Industry

By Region

North America
Europe
Asia Pacific
South America
Middle East & Africa

More Related Reports:

India Video KYC Market Report

Medical Suction Catheters Market

Global Cochlear Implants Market Report

Continuous Glucose Monitoring Device Market

Active Noise Cancellation IC Market

Ear and Nasal Packing Market

Global Vacuum Gauges Market

Military Aerial Refueling Tanker Market

Electric Vehicle Charging Station Market

Active Noise Cancellation IC Market

Table Of Contents

Methodology

Request Sample

Frequently Asked Questions (FAQ):

What is Automated Material Handling Equipment?

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.

What is the growth rate of the Automated Material Handling Equipment market?

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.

What are the factors driving the global Automated Material Handling Equipment market?

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.

What are the end-users for the Automated Material Handling Equipment?

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.

Which region is expected to have the largest share in global Automated Material Handling Equipment?

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.

Which are the major companies for the global Automated Material Handling Equipment?

Select License

We Accept

Analyst support

After evaluating your requirements and addressing your technical problems, the expert analyst will resolve your query directly.

Customer satisfaction

According to your needs, our expert team will assist you with the capabilities, services, and proper research needs to be required and customize the report accordingly.

Inimitable expertise

Our expert team will create unrivaled reviews to provide you with a deep understanding of the reports.

Assured quality

We have created a systematic way to determine standards and satisfy your expectations.

Instant delivery

Unlike others, we provide you a great deal of instant delivery in the form of PDF/PPT/Word Doc directly to your email address within 24 hours after receiving full payment.

Privacy policy

We understand the inkling of your privacy, we will never misuse your email address.

Custom research service

We are giving you an opportunity through which you can directly ask our expert analyst to customize an exclusive study of the report to serve your research needs.

Quality & accuracy

We provide you with the accurate quality of the customized study of an exclusive report according to your research need.

Data visualization

As the business world’s growing faster every day, we understand the value of data management. We will create the reports by keeping all the visual data sets and metrics in the charts.

Information security

We truly respect your privacy and promise to keep your personal and confidential information safe and secure.

Global Automated Material Handling Equipment Market

What is Automated Material Handling Equipment?

Growth Driver

Growing demand for Automated Material Handling Equipment among various manufacturing and e-commerce industries.

Restraints

Opportunities

High adoption of digitalization in supply chain process with integration of IoT and AMH equipment

Pre Covid-19 impact

Covid-19 impact

Post Covid-19 impact

Product Type Segmental Analysis

System Type Segmental Analysis

Application Segmental Analysis

End-User Industry Segmental Analysis

Region Segmental Analysis

Competitor Analysis

Key Stakeholders

Recent Developments

Scope of the Report

Market Modelling

More Related Reports:

Report Content

Frequently Asked Questions (FAQ):

Select License

We Accept

Latest Reports

Why Choose Us

Company

Industries We Serve

We Accept

Contact Info

Check Discount %

Free Sample Report