The global Automated Material Handling Equipment Market was valued at USD 28.12 billion in 2016 and is projected to reach USD 54.68 billion by 2025, growing at a CAGR of 7.67% from 2017 to 2025.
Material handling equipment is mechanical equipment used for the movement, storage, control and protection of materials, goods and products throughout the process of manufacturing, distribution, consumption and disposal.
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1. Market Drivers
1.1 Growing Need for automated solutions
1.2 Growingfocus on worker safety
1.3 Cost cutting in labor expenses due to automated solutions
1.4 Growing industry of E-Commerce
2. Market Restraints
2.1 Availability of AGV on Lease
1. Global Automated Material Handling Equipment Market, by System Type:
1.1 Unit Load Material Handling Systems
1.1.1 Advantages of Unit Load Material Handling Systems
1.1.2 Disadvantages of Unit Load Material Handling Systems
1.2 Bulk Load Material Handling Systems
1.2.1 Advantages of Bulk Load Material Handling Systems
1.2.2 Disadvantages of Bulk Load Material Handling Systems
2. Global Automated Material Handling Equipment Market, by Industry:
2.2 Metals & Heavy Machinery
2.3 Food & Beverages
2.5 Semiconductor & Electronics
2.6.2 Medical Devices
3. Global Automated Material Handling Equipment Market, by Function:
3.6 Waste Handling
4. Global Automated Material Handling Equipment Market, by Software & Services Used in AMH Equipment:
4.1.1 Warehouse Management System
4.1.2 Warehouse Control System
4.1.3 Warehouse Execution System
4.2.1 Maintenance and Repair
4.2.3 Software Upgradation
5. Global Automated Material Handling Equipment Market, by Function:
5.1.1 Fixed Robots
5.1.2 Mobile Robots
5.2 Automated Storage and Retrieval Systems (ASRS)
5.2.1 Unit Load
5.2.2 Mini Load
5.2.3 Vertical Lift Module
5.2.5 Mid Load
5.3 Automated Conveyors and Sortation Systems
5.4 Automated Cranes
5.5 Automated Guided Vehicles (AGV)
6. Global Automated Material Handling Equipment Market, by Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
The major players in the market are as follows:
1. Daifuku Co., Ltd.
2. Hyster-Yale Material Handling, Inc.
3. Jungheinrich AG
4. Kion Group AG
5. Toyota Industries Corporation
6. Hanwha Corporation
7. John Bean Technologies (JBT) Corporation
8. Kuka AG
9. Beumer Group GmbH & Co. Kg
11. Knapp AG
12. Murata Machinery, Ltd.
13. SSI Schaefer Group
14. TGW Logistics Group GmbH
15. Viastore Systems GmbH
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Automated Material Handling Equipment Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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