Automated Material Handling (AMH) Market by Manufacturers, Regions(Europe, Asia Pacific, North America and South America), Type and Application, Forecast to 2030 (Recession Impact Analysis)
ID : MRU_
96038 | Date :
Jan, 2023 | Pages :
184 | Region : Global |
Publisher : MRU
The Global Automated Material Handling (AMH) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
Automated Material Handling 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.
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. North America and Europe are dominating the market both in production and consumption with 50%-60% share.
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 worldwide. 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.
In the global Automated Material Handling (AMH) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
This report focuses on Automated Material Handling (AMH) volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Automated Material Handling (AMH) market size by analysing historical data and future prospect.
In Market segmentation by manufacturers, the report covers the following companies-
Daifuku
Schaefer
KION GROUP
Murata Machinery
Vanderlande
Mecalux
Beumer group
Fives group
KUKA(Swisslog AG)
Intelligrated
Knapp
Kardex AG
System Logistics
TGW Logistics
Grenzebach
Witron
Viastore In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Automated Storage and Retrieval System(AS/RS)
Automatic Guided Vehicle (AGV)
Conveyor & Sorter Systems
Robotic Systems In Market segmentation by applications :
E-commerce & Retail
Food & Beverage
Manufacturing
Pharmaceutical
Airport
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automated Material Handling (AMH) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Automated Material Handling (AMH) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automated Material Handling (AMH) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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