Automated Material Handling Equipment Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Automated Material Handling Equipment market including various factors related to and dependent influencing the market growth.
Automated Material Handling Equipment (or short as AMHE) can play an essential role in modern factories for work-in-process storage and offer the advantages of improved inventory control and cost-effective utilization of time, space and equipment.
Warehouse material handling approaches are very commonly adopting Automated Material Handling Equipment, in which mainly includes: automated storage retrieval system, automatic guided vehicle, conveyor and sorter system.
The automated material handling is used to reduce labor cost and manufacturing cost, eliminate human intervention, increase safety, and enable delivery on time. The AMH market in manufacturing has various applications, namely, automotive, chemical, aviation, semiconductor & electronics, energy, food & beverages, healthcare, metal & heavy machinery, and others (paper & printing, textile & clothing).
The market for automated material handling equipment is fragmented with players such as Daifuku, Schaefer Systems International, KION Group, Murata Machinery, Vanderlande, and so on. Top 17 companies occupy about 50% market share in 2016. China, India and Japan are dominating the major production, China, Southeast Asia and India are main consumption area (countries), among them, India shows a good consumption potential in the near future. Company like DooSan Group from Korean is trying to involve with manufacture of AMHE, there\'s high production growth potential in that country.
Continuous rise in demand for automation in industries has revolutionized the adoption of automated material handling equipment. With the advent of technologies such as robotics, wireless technologies, and driverless vehicles, the automated material handling equipment market has witnessed significant growth over the last few years. Major players in automated material handling industry focus on the development of affordable, small, compact, and energy-efficient material handling solutions to reach a wider customer base. Recent boom in e-commerce is a major driver for the materials handling systems, with widespread demand for process automation in APAC area. E-commerce industry players aim on improving the quality of their service through minimal waste generation. In developing nations, industrialization and modernization primarily support the market growth.
The major restraints for automated material handling equipment is high initial investment. The initial cost required for the set up and integration of the automated material handling equipment is high, which limits the use of these equipment in heavy manufacturing organizations. Industries with high labor costs are anticipated to use robotic systems and automated guided vehicles to reduce their labor costs and produce high quality products. Industries, such as automotive and electronics, where precision and accuracy play a major role, use automated systems to meet international quality standards. However, with new emerging technologies, and growth in competition in the market, the initial costs of automated material handling equipment would reduce in the future.
Although automated material handling equipment brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Global Automated Material Handling Equipment market size will increase to 18200 Million US$ by 2030, from 11700 Million US$ in 2020, at a CAGR of 6.5% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Automated Material Handling Equipment.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Automated Material Handling Equipment market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Automated Material Handling Equipment market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Automated Material Handling Equipment market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Automated Material Handling Equipment Market:
The major competitors working in the market are:
, Schaefer, Daifuku, Dematic, Murata Machinery, Vanderlande, Mecalux, Beumer group, Fives group, Swisslog AG, Intelligrated, Knapp, Kardex AG, TGW Logistics, Grenzebach, Witron, Viastore, System Logistics
Market by Order Type
Automated Storage & Retrieval Systems
Automated Conveyor & Sortation Systems
Automated Guided Vehicle Systems
Robotic Systems
Automated Material Handling Equipment Data by Application
E-commerce & Retail
Food & Beverage
Manufacturing
Pharmaceutical
Airport
Others
Automated Material Handling Equipment Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Automated Material Handling Equipment market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Automated Material Handling Equipment Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Automated Material Handling Equipment market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Automated Material Handling Equipment market size and their forecasts
- To provide strategic profiles of the key players operating in the Automated Material Handling Equipment market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Automated Material Handling Equipment market
Target Audiences for Automated Material Handling Equipment Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
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