Automated Material Handling Equipment Market: Growth, Trends by 2024

The global automated material handling (AMH) equipment market size was USD 10.18 billion in 2019 and is projected to reach USD 18.01 billion by 2032, exhibiting a CAGR of 4.2% during the forecast period.

Request free sample pdf|https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/100832

Automated Material Handling (AMH) Equipment Market Share, Size & 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 Between, 2032

Top Companies of automated material handling equipment market:

• 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)

Get quote|https://www.fortunebusinessinsights.com/enquiry/get-a-quote/100832

Automated Material Handling Equipment Market Drivers and restrains:

• Drivers:
  • Increasing Demand for Efficiency: The need for streamlined operations and reduced labor costs drives the adoption of automated material handling equipment, which enhances efficiency and productivity in warehouses and manufacturing facilities.
  • Technological Advancements: Innovations such as robotics, artificial intelligence, and the Internet of Things (IoT) improve the capabilities and functionality of material handling systems, boosting market growth.
  • Growth in E-commerce: The rapid expansion of e-commerce and online retail requires efficient and scalable material handling solutions to manage high volumes of goods and ensure fast order fulfillment.
  • Focus on Safety and Ergonomics: Automated systems reduce the risk of workplace accidents and improve ergonomics by handling heavy and repetitive tasks, promoting the adoption of material handling equipment.
  • Customization and Flexibility: The ability to tailor automated systems to specific operational needs and easily reconfigure them for different tasks drives demand across various industries.
• Restraints:
  • High Initial Investment: The significant upfront costs associated with purchasing and installing automated material handling equipment can be a barrier, particularly for small and medium-sized enterprises.
  • Complex Integration: Integrating new automated systems with existing infrastructure and workflows can be complex, requiring substantial time, expertise, and resources.
  • Maintenance and Support Costs: Ongoing maintenance, repair, and support for advanced material handling equipment can be costly and impact overall operational budgets.
  • Technological Obsolescence: Rapid advancements in technology may lead to obsolescence of existing equipment, necessitating frequent upgrades or replacements to stay current with industry standards.
  • Workforce Impact: The introduction of automation may lead to workforce displacement or require significant retraining, which can create resistance or operational challenges in some organizations.

Reasons to buy this report:

This report provides a detailed analysis of the current market status, trends, growth segments, and competitive dynamics in the automated material handling equipment market. It enables businesses to identify opportunities for growth and development while also highlighting potential challenges and risks. By evaluating business segments and product portfolios, the report enables stakeholders to make more informed market strategies and investments.

A thorough understanding of the industry dynamics outlined in the report can significantly improve decision-making and facilitate the development of effective success strategies in the automated material handling equipment market. Overall, this report is an excellent resource for those seeking in-depth information about this rapidly changing industry.

Regional Atributes:

• North America (the U.S. and Canada)
• Europe (U.K., Germany, France, and the Rest of Europe)
• Asia Pacific (Japan, China, India, Southeast Asia and the Rest of Asia Pacific)
• Middle East & Africa (South Africa, GCC and the Rest of the Middle East & Africa)
• Latin America (Brazil, Mexico, and the Rest of Latin America)

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

Industry developments of automated material handling equipment 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.

Ask for Customization Report|https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/100832

About Us:

Fortune Business Insights is dedicated to providing clients worldwide with a unique combination of qualitative and quantitative market research reports. We assist both international and domestic businesses in optimizing their operations by providing comprehensive market insights and accurate forecasts. Our reports cover all critical aspects of the market, providing valuable insights and projections to clients around the world.

Email|[email protected]

FAQ’s:

• What is the market size of automated material handling equipment market in 2024?
• Who are the primary key players identified in this report?
• What are the primary drivers in the automated material handling equipment industry?
• What are the future projections for the automated material handling equipment industry?