Automated Material Handling Equipment Market Share Projected to Hit USD 18.01 billion by 2032
Automated Material Handling Equipment Market Trend
In 2019 Automated Material Handling Equipment Market Share is reached to USD 10.18 billion and global market is projected to reach USD 18.01 billion by 2032 and exhibiting a CAGR of 4.2% during the forecast period.
The automated material handling equipment market is expanding with the increasing adoption of robotics, AI, and machine learning for warehouse and logistics automation. Technologies such as autonomous guided vehicles (AGVs), robotic arms, and conveyor systems are optimizing supply chain operations. As industries strive for operational efficiency and cost savings, the demand for automated material handling equipment is set to grow significantly.
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This report provides a comprehensive analysis of the Automated Material Handling Equipment Market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.
Some major companies are leadinng in the Automated Material Handling Equipment industry such as; Daifuku Co.,Ltd (Headquarter:- Osaka, Japan), Jungheinrich AG (Headquarter: – Hamburg, Germany), Toyota Industries Corporation (Headquarter: – Aichi, Japan), BEUMER Group (Headquarter: – Beckum, Germany), Cargotec (Headquarter: – Helsinki, Finland), Kion Group (Headquarter: – Frankfurt, Germany), Crown Equipment Corporation (Headquarter: – Ohio, United States), Honeywell Intelligrated (Headquarter: – Ohio, United States), SSI Schaefer AG (Headquarter: – North Rhine-Westphalia, Germany), Hytrol Conveyor Company, Inc. (Headquarter: – Jonesboro, United States)
The report highlights the segmentation, regional expansion, revenue trends, production, and consumption growth of the Automated Material Handling Equipment Market. It provides insights into the market size, growth trends, industry dynamics, and future forecasts, outlining key factors shaping the business landscape. Additionally, the study covers upcoming products, joint ventures, strategic developments, mergers and acquisitions, marketing initiatives, revenue generation, trade activities (import/export), CAGR values, and overall industry performance, along with an analysis of competitive challenges within the market.
Overview and Scope of the Report
This report focuses on the global Automated Material Handling Equipment market, with particular emphasis on North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. It categorizes the market based on manufacturers, regions, types, and applications, offering a comprehensive analysis of the current market landscape. The study includes historical data and future projections of market size in terms of value and volume. Additionally, it examines technological advancements and evaluates macroeconomic and regulatory factors shaping market dynamics.
Automated Material Handling (AMH) Equipment Market Size, Share & COVID-19 Impact Analysis, By Type (Automated Storage & Retrieval System, Automated Conveyor & Sorting System, Automated Guided Vehicle), By System Load (Unit Load & Bulk Load), By Application (Assembly, Distribution, Transportation), By Industry (Retail & E-commerce, Automotive, Food & Beverages, Pharmaceutical, Semiconductors & Electronics) and Regional Forecast, 2032
Recent Industry developments of the market
- Jungheinrich unveils cutting-edge mobile robot solution at LogiMAT 2023, setting new industry standards. The adaptable robot seamlessly integrates into warehouses, autonomously solves challenges, and enhances performance, reflecting a shift towards intelligent intralogistics.
- Toyota Material Handling expands its portfolio with innovative electric forklifts: Side-Entry End Rider, Center Rider Stacker, and Industrial Tow Tractor. These additions enhance material handling solutions, emphasizing adaptability and superior on-site performance for customers.
- Hyster-Yale Materials Handling, Inc., acquired Zhejiang Maximal Forklift Company Limited in order to expand its manufacturing capabilities and strengthen its product portfolio to gain competitive edge in the global market.
Why Should You Obtain This Report?
- Statistical Advantage: Access essential historical data and market projections for the Automated Material Handling Equipment Market, equipping you with key statistics to drive informed decision-making.
- Competitive Landscape Mapping: Explore and evaluate the positions of key market players, offering a comprehensive view of the competitive landscape.
- Insight into Demand Dynamics: Gain in-depth knowledge of demand patterns, revealing market consumption trends and potential growth opportunities.
- Identification of Market Opportunities: Accurately assess market potential, empowering stakeholders to make well-informed strategic decisions.
- Purchasing this report provides access to the latest and most reliable data, enhancing your market strategies and ensuring a well-informed position in the dynamic Machinery & Equipment industry. Each report is carefully crafted to deliver essential insights, empowering clients with the critical intelligence needed to thrive in this evolving market.
Regional insights
- North America: USA, Canada, Mexico, etc.
- Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
- The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
- Europe: Germany, France, the UK, Russia, and Italy
- South America: Brazil, Argentina, Columbia, etc.
Detailed TOC
- Introduction
- Scope of research
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market drivers
- Market restrictions
- Market Opportunities
- Key Insights
- Major Industry Developments – Mergers, Acquisitions and Partnerships
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Value Chain Analysis
TOC continues…!
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