Market Highlights
Industrial Internet of Things (IIoT) proliferation driven by new automation projects pursued by manufacturers moving towards Industry 4.0 revolution has shaped business growth, enhancing their operations. Extensive analytics take-up will allow the industry to experience a tremendous change in the coming years.
In its new research report, Market Research Future (MRFR), highlights that the global automated material handling market 2020 is expected to grow exponentially over the review period, securing a considerable market valuation and a substantial CAGR over the review period.
Such equipment has grown dramatically over the last few years, experiencing several notable transformations with the introduction of technology. Manufacturers are clearly the guiding force to carry these changes in. Keeping the three goals in mind, they have established a range of automated equipment such as conveyors, elevators, cranes, lift and lift truck track cranes, stackers, bridge cranes and monorails, gantry cranes and helicopter lifts, etc. Technological developments that prevailed in this sector have gradually taken advantage of functional and cost-effective approaches leading to the automation of these equipment. These innovations have accompanied their market value to an unprecedented level, making these devices popular and widely adopted.
Other factors that contribute to the growth of the market include rising automation across production industries. The ever-growing need for resource utilization and consumption of raw materials drives the demand & adoption of Automated Material Handling equipment. In addition to factors such as continuous technical progress, the modernization of the manufacturing plants, and the expansion of the industrial base in developing countries, Automated Material Handling equipment is providing fuel for business development.
Competitive Analysis
The major market players operating in the global market as acknowledged by MRFR are Schaefer Holding International (Germany), Daifuku Co. Ltd (Japan), Dematic (U.S.), Murata Machinery (Japan), Mecalux (Spain), Vanderlande Industries (U.S.), BEUMER Group (Germany), Swisslog AG (Switzerland), Kardex (Switzerland), Intelligrated (U.S.) among others.
Regional Analysis
The geographical synopsis of the global automated material handling market has been analyzed in four major regions, including North America, Europe, the Asia Pacific, and the rest of the world.
Due to the presence of numerous manufacturing plants in the various countries in the region, the Asia-Pacific region dominates the Automated Material Handling industry. Many of the APAC nations are in their growth process and are therefore available to foreign investors, thereby allowing multi-domain international players to available the production unit in these countries. The Asia-Pacific region is also expected to grow substantially in the Power Quality Equipment (PQE) space. In addition, automated material handling facilitates the distribution and production of materials, mainly in the e-commerce sector. Thereby, booming eCommerce and the PQE industry will provide a great incentive to the development of the APAC market of Automated Material Handling.
Europe is the second-largest Automated Material Handling market in terms of sales and market size. A resurgent economy coupled with the booming regional industrial sector combined with increased security concerns in the workplace, especially in the automotive, food & beverage, and metal & heavy industries will drive regional market growth.
On the other hand, North America, due to the presence of multiple manufacturing plants, mainly in the U.S., represents the third-largest market for automated material handling. The proliferation and uptake of advanced technology mostly stimulate market growth.
Segmentation:
Segmentation by Operation: storage & transportation, Packaging & distribution, assembly, waste management, among others.
Segmentation by Software & Services comprises Services- (Maintenance & repairs, training, and software up-gradation), Software (TMS- Transportation management system, WMS- Warehouse management system).
Segmentation by Application includes e-commerce, foods & beverages, healthcare, automotive, chemicals, aviation, semiconductors, and electronics, among others.
Segmentation by Automated Equipment comprises Automated guided vehicles, automated cranes, robotics systems, automated storage and retrieval system, conveyors, among others.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/automated-material-handling-market-1029
Market OverviewIn its new research report, Market Research Future (MRFR), highlights that the global automated material handling market 2020 is expected to grow exponentially over the review period, securing a considerable market valuation and a substantial CAGR over the review period.Get Free Sample Report:https://www.marketresearchfuture.com/sample_request/1029Drivers and RestraintsSuch equipment has grown dramatically over the last few years, experiencing several notable transformations with the introduction of technology.
Technological developments that prevailed in this sector have gradually taken advantage of functional and cost-effective approaches leading to the automation of these equipment.
These innovations have accompanied their market value to an unprecedented level, making these devices popular and widely adopted.Other factors that contribute to the growth of the market include rising automation across production industries.
In addition to factors such as continuous technical progress, the modernization of the manufacturing plants, and the expansion of the industrial base in developing countries, Automated Material Handling equipment is providing fuel for business development.Industrial Internet of Things (IIoT) proliferation driven by new automation projects pursued by manufacturers moving towards Industry 4.0 revolution has shaped business growth, enhancing their operations.
Extensive analytics take-up will allow the industry to experience a tremendous change in the coming years.Segmental AnalysisSegmentation by Operation: storage & transportation, Packaging & distribution, assembly, waste management, among others.Segmentation by Software & Services comprises Services- (Maintenance & repairs, training, and software up-gradation), Software (TMS- Transportation management system, WMS- Warehouse management system).Segmentation by Application includes e-commerce, foods & beverages, healthcare, automotive, chemicals, aviation, semiconductors, and electronics, among others.Segmentation by Automated Equipment comprises Automated guided vehicles, automated cranes, robotics systems, automated storage and retrieval system, conveyors, among others.Regional Analysis The geographical synopsis of the global market has been analyzed in four major regions, including North America, Europe, the Asia Pacific, and the rest of the world.Due to the presence of numerous manufacturing plants in the various countries in the region, the Asia-Pacific region dominates the Automated Material Handling industry.
The Asia-Pacific region is also expected to grow substantially in the Power Quality Equipment (PQE) space.
Market Overview Market Research Future (MRFR) highlights in its latest research report that the global automated material handling market 2020 is projected to rise tremendously over the review period, achieving a significant market valuation and a substantial CAGR over the review period.Drivers and RestraintsSuch equipment has evolved rapidly in recent years, with the adoption of technology has undergone many significant transformations.
Clearly, producers are the driving forces for making such improvements happen.
Taking into account the three goals, they have set up a variety of automated equipment such as cranes, conveyors, elevators, lift and lift truck track cranes, stackers, bridge cranes and monorails, port cranes and helicopter lifts, etc.
In this field, technical advances have slowly taken advantage of practical and cost-effective approaches leading to the automation of such equipment.
These innovations have unprecedentedly accompanied their market value, making these devices accessible and widely adopted.Competitive AnalysisThe major market players operating in the global market as acknowledged by MRFR are Daifuku Co. Ltd (Japan), Schaefer Holding International (Germany), Murata Machinery (Japan), Dematic (U.S.), Mecalux (Spain), Vanderlande Industries (U.S.), Swisslog AG (Switzerland), BEUMER Group (Germany), Kardex (Switzerland), Intelligrated (U.S.), among others.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1029Segmental AnalysisSegmentation by Operation has been done into storage & transportation, assembly, waste management, Packaging & distribution, among others.Segmentation by Software & Services comprises Services- (training, Maintenance & Repairs, and software up-gradation), Software (WMS- Warehouse management system, and TMS- Transportation management system).Segmentation by Application includes healthcare, foods & beverages, automotive, e-commerce, chemicals, semiconductors, aviation, and electronics, among others.Segmentation by Automated Equipment comprises automated cranes, Automated guided vehicles, robotics systems, conveyors, automated storage and retrieval system, among others.Regional OutlookThe global market geographic synopsis was analyzed in four major regions, including North America, Europe, Asia Pacific and the rest of the world.The Asia-Pacific region dominates the Automated Material Handling industry because of the presence of numerous manufacturing plants in the various countries in the region.
Most of the APAC nations are in their phase of development and are thus open to foreign investors, thereby enabling the production unit in these countries to be accessible to multidomain international players.
The modern automobile has approx.
A 10% weight reduction can improve vehicle fuel efficiency by nearly the same amount making the automotive plastics market essential for tackling global warming.
Automotive plastics provide excellent UV stability, chemical, heat and impact resistance making them critical in door handles, panoramic roofs, wheel caps, and bumpers.
Focus on Polycarbonate for Maximum Profitability in Automotive Plastics MarketAccording to experts, several engineered plastics such as polyethylene, polyurethane, polyamides polycarbonate, polypropylene, polyvinyl chloride (PVC), and acrylonitrile butadiene styrene (ABS) are used in vehicles.
The most common materials are PVC, polyurethane and polypropylene and these comprise 3/5th of the total demand in 2019.
Polycarbonate is ideally suited to cater to the need of EV battery thermal management and integration of LIDAR sensors.
IoT Managed Services Market - OverviewThe intense upswing in the use of connected devices is estimated to create new possibilities for the IoT managed services market 2020.
The IoT and M2M Communication reports are generated by Market Research Future, which contains market alternatives for progress.
A revenue base of USD 172.6 billion is forecasted by 2025, with the global market registering a 22.4% CAGR in the coming years.The ascending implementation level of cloud services is forecasted to create new options for the Internet of Thing (IoT) managed services market.
Based on the organization size, the IoT managed services market has been segmented into SMEs and large enterprises.
On the basis of end-users, the IoT managed services market has been segmented into healthcare, BFSI, automotive and transport, IT & telecom, manufacturing, and others.
The regional market of North America leads the IoT managed services market and is getting ahead in the occupation of the important share in the market due to the technical signs of progress and prompt application of IoT managed services in this region.
The surging demand for advanced security solutions is the most significant factor leading to the expansion of the global digital door lock systems market 2020.Moreover, the increasing popularity of developed security solutions such as fingerprint recognition and fingerprint recognition is another significant element propelling the expansion of global digital door lock systems market.
In addition, the rising demand for efficient and pocket-friendly digital door security systems and solutions at homes and workplaces is another significant factor leading to market growth.
An in-depth analysis has been carried out by the MRFR team to produce accurate insights about the global Wi-Fi chipset market.
The keypad segment can be further be classified into electromechanical door locks, magnetic stripe locks, and electric strike locks.The biometrics segment can be further classified into voice recognition, iris recognition, face recognition, palm recognition, signature recognition and fingerprint recognition.On the grounds of end-user, the worldwide digital door lock system can be segmented into industrial, residential government, and commercial.On the grounds of the region, the worldwide digital door lock system can be segmented into Asia Pacific, North America, Europe, and Rest of the World (RoW).Regional Analysis The geographical evaluation of Asia Pacific, North America, Europe, and Rest of the World (RoW) has been performed.
As per the analysis by MRFR, the global market is estimated to be reigned by North America.
Also, the region consists of several developed nations like the US, Canada and many more, which play a significant role in developing the market.The U.S. and Canada are projected to drive the regional market during the assessment period.
According to IMARC Group latest report titled” North America Multi Cooker Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market reached a value of US$ 284.8 Million in 2019.
The North America Multi Cooker market to reach a value of US$ 472.4 Million during the next five years.Market Trends and Driver:Multi cooker refers to a type of modern electrical kitchen appliance used for automated cooking.
It primarily consists of an inner bowl, lid, condensate collector, control panel, temperature and pressure sensors.
It offers numerous health benefits as it uses less oil in preparing food, thereby reducing the overall calorie consumption.Get a sample copy of this Report: https://www.imarcgroup.com/north-america-multi-cooker-market/requestsample The North America multi cooker market is primarily driven by the rising health consciousness among the masses along with the increasing prevalence of chronic lifestyle diseases due to over consumption of calories.
Furthermore, the growing working women population, elevating standards of living, and increasing disposable income levels of the consumers are also propelling the demand for automatic cooking appliances, such as multi cooker.
Besides this, the rising technological advancements coupled with the escalating demand for automated products, such as multi cooker, has further bolstered the market growth.
