Automated Material Handling Equipment Market: Size, Growth Outlook, and Revenue Trends by 2024

The Automated Material Handling Equipment Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the Automated Material Handling Equipment Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

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.

Recent industry developments are;

• 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.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Major Players:

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)

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Automated Material Handling Equipment Market Segmentation:

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
• Packaging
• Others (Sorting)

By Industry

• E-Commerce
• Automotive
• Food & Beverages
• Pharmaceutical
• Aviation
• Semiconductors & Electronics
• Others (Chemicals)

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the Automated Material Handling Equipment Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the Automated Material Handling Equipment Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

• Drivers:
  • Increasing demand for automation in warehouses and distribution centers to enhance operational efficiency and reduce labor costs.
  • Technological advancements in robotics and IoT facilitating smarter and more flexible automated material handling solutions.
• Restraints:
  • High initial investment and implementation costs may deter small to medium-sized enterprises from adopting automated solutions.
  • Concerns over workforce displacement and the need for employee retraining in the face of increased automation.

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…!

Automated Material Handling Equipment Market Regional Segmentation:

• 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)

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