Automated Material Handling Equipment Market Size, Share, and Growth Outlook 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

Recent 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.

Top Keyplayers 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 Segmentation

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

Reasons to buy this report:

This report thoroughly examines the competitive dynamics, growth areas, market conditions, and trends in the automated material handling equipment market. It assists businesses in identifying opportunities for growth and development while highlighting potential challenges and risks. Stakeholders are assisted in developing more informed investment and market strategies by the report’s assessment of product portfolios and business segments.

A thorough grasp of the industry dynamics outlined in the report can help develop successful success strategies in the automated material handling equipment market and greatly improve decision-making. All things considered, this report is an excellent source of information for anyone wishing to learn more about this rapidly changing sector.

Key Report Highlights on the Automated Material Handling Equipment Market:

• Market CAGR for the Forecast Period: Provides insights into the Compound Annual Growth Rate (CAGR) of the Automated Material Handling Equipment Market from 2024 to 2032.
• Comprehensive Analysis of Growth Drivers: Offers a detailed evaluation of the key factors driving the growth of the Automated Material Handling Equipment Market during the forecast period.
• Accurate Market Size and Share Estimates: Precise projections on the size and share of the Automated Material Handling Equipment Market, underscoring its position within the larger market landscape.
• Forecasts on Emerging Trends and Consumer Behavior: Predicts future trends and shifts in consumer behavior relevant to the Automated Material Handling Equipment Market.
• Regional Growth Analysis: Examines the growth of the Automated Material Handling Equipment Market across key regions, including North America, Asia-Pacific (APAC), Europe, South America, the Middle East, and Africa.
• Competitive Landscape Overview: Detailed assessment of the competitive environment, offering insights into the key players within the Automated Material Handling Equipment Market.
• Evaluation of Growth Barriers: Analyzes the challenges that may hinder the expansion of suppliers in the Automated Material Handling Equipment Market.

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…!

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.

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

About Us:

Offering clients all over the world a special blend of qualitative and quantitative market research reports is the mission of Fortune Business Insights. We offer thorough market insights and precise forecasts to help both domestic and foreign businesses optimize their operations. Our reports provide clients worldwide with insightful analysis and projections that address all significant market factors.

Email|[email protected]