The Global Automated Material Handling Equipment Market is expected to grow from US$ 28,643.4 Mn in 2017 to US$ 51,219.6 Mn by 2025 at a CAGR of 7.6% between 2018 and 2025.
Some of the key players operating in the automated material handling equipment market includes Fives, Jungheinrich AG, Kuka AG, Kion Group AG, Daifuku Co., Ltd., BEUMER Group GmbH & Co. KG, Hyster-Yale Materials Handling, Inc., Hanwha Corporation, Toyota Industries Corporation, and John Bean Technologies Corporation among others.
The Asia Pacific is one of the prominent regions in automated material handling equipment market which is contributing highest revenue globally due to an increase in the demand for automotive, consumer goods, and electronic devices. Moreover, rise in the labor costs in China and India pertaining to the fact of raise in the standards of living of the population. Also, due to conventional human methods, chances of errors increases which further compel the manufacturers to look ahead for sophisticated error-free solutions. In addition to this, growing economies in APAC region is experiencing number of initiatives undertaken by government bodies to boost manufacturing industries in the countries to propel the growth of automated material handling equipment market.
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In APAC region, China is contributing largest share of revenue in automated material handling equipment market followed by Rest of APAC and Japan. Owing to this, several global manufacturers and providers of automated material handling equipment has potential to invest in this region.
Automated Material Handling Equipment market is experiencing a high growth throughout the globe, driven by growth in automotive, e-commerce, logistics, and followed by aerospace among others. Development in the e-commerce industry with the help of automation has made all processes error-free. With an increase in the number of orders, the volume of shipment and deliveries has also increased. Starting from the stocking of products to enable storage facility in warehouses to sorting and stocking of products, automated material handling equipment has supported the functions of the e-commerce industry. Also use of vertical lift modules automated storage and retrieval solutions, automated guided vehicles, as well as conveyor belts has assisted to reduce human intervention. These factors are anticipated to drive the automated material handling equipment market during the forecast period.
The report focuses on an in-depth segmentation of automated material handling equipment market based on products, system type, component, function, and industry. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By product segment, robot is accountable to hold the largest share in the automated material handling equipment market in 2017, whereas automated guided vehicle is projected to grow at the highest CAGR during the forecast period.
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The report aims to provide an overview of global automated material handling equipment market with detailed market segmentation. Also, it analyzes the current market scenario of automated material handling equipment market and forecasts the market till 2025. The report covers market dynamics affecting the automated material handling equipment market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the automated material handling equipment market with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the automated material handling equipment market along with their market strategies. The report also provides value chain along with the SWOT analysis for all company profiled in the report.
TABLE OF CONTENTS
1. INTRODUCTION 26
1.1 SCOPE OF THE STUDY 26
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 27
2. KEY TAKEAWAYS 29
3. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET LANDSCAPE 33
3.1 MARKET OVERVIEW 33
3.2 MARKET SEGMENTATION 34
3.2.1 Global Automated Material Handling Equipment Market – By Product 35
3.2.2 Global Automated Material Handling Equipment Market – By System Type 36
3.2.3 Global Automated Material Handling Equipment Market – By Component 36
3.2.4 Global Automated Material Handling Equipment Market – By Function 36
3.2.5 Global Automated Material Handling Equipment Market – By Industry 36
3.2.6 Global Automated Material Handling Equipment Market – By Geography 37
3.3 PEST ANALYSIS 38
3.3.1 North America – PEST Analysis 38
3.3.2 Europe – PEST Analysis 40
3.3.3 Asia Pacific – PEST Analysis 42
3.3.4 MEA – PEST Analysis 44
3.3.5 South America- PEST Analysis 46
4. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET – KEY INDUSTRY DYNAMICS 48
4.1 KEY MARKET DRIVERS 48
4.1.1 Enhanced focus on the manufacturing sector in the emerging economies coupled with automation integrations in the sector 48
4.1.2 Need for a more efficient and advanced material handling technique 48
4.1.3 Evolution of advanced complementary technologies further enabling growth of automated material handling equipment 49
4.2 KEY MARKET RESTRAINTS 50
4.2.1 High initial investments coupled with the complexities involved refrain small industries from installing 50
4.3 KEY MARKET OPPORTUNITIES 50
4.3.1 Booming e-commerce industry to generate more business opportunities 50
4.4 FUTURE TRENDS 51
4.4.1 Integration of Artificial Intelligence and Big Data Integration of Artificial Intelligence and Big Data 51
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 51
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5. AUTOMATED MATERIAL HANDLING EQUIPMENT – GLOBAL MARKET ANALYSIS 53
5.1 GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET OVERVIEW 53
5.2 GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FORECAST AND ANALYSIS 54
7. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 – SYSTEM TYPE 81
7.1 OVERVIEW 81
7.2 SYSTEM TYPE MARKET FORECASTS AND ANALYSIS 81
7.3 UNIT LOAD MATERIAL HANDLING SYSTEM 82
7.3.1 Overview 82
7.3.2 Unit load material handling system market forecasts and analysis 82
7.4 BULK LOAD MATERIAL HANDLING SYSTEM 83
7.4.1 Overview 83
7.4.2 Bulk load material handling system market forecasts and analysis 83
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