Market Overview
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.
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Drivers and Restraints
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.
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 Analysis
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.
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. 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.
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.
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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.
According to the new market research report by IndustryARC, “Automated Material Handling Market: By Products (Automated Guided Vehicle, Automatic Storage & Retrieval System, Others); By System (Unit & Bulk Load); By Application (Automobile, E-Commerce, Others); By Operation (Assembly, Packaging, Storage, Others); By Region - (2018-2023)”, the market is driven by various innovations and advancements in technology.APAC continues to lead the market share and during 2018-2023:In terms of revenue contribution and growth rate, Asia-Pacific emerged out to be the global market leader for automated material handling market in 2017 and is estimated to remain the market leader throughout the forecast period followed by Europe and Americas.
Especially, the high level of factory automation in Asia-Pacific and Latin America is driving the market for AMH in manufacturing, e-commerce, food and beverage and semiconductors & electronics industry.
China is the market leader in Asia-Pacific with total estimated revenue of $ 389 Million in 2017.Selected / Sample Analysis done in the full Report:The value chain analysis deals with the comprehensive evaluation of each activity involved in the processing of any product/service and finally delivering it to the end-users.
The value chain analysis can offer the company to examine every activity across the value chain and identify the steps where elimination or modification is essential.The automated material handling system integrates various picking and routing mechanisms, thus it is necessary to design right system for them.
The standard specifications for the desired system are created in this phase.Once these specifications are laid down, the designing phase deals with the development and simulation of a viable system.
After the end-user has acquired the requisite automated material handling system, the manufacturers or other third parties offer all sort of maintenance and calibration services till the end of product life cycle.To access / purchase the full report browse the link below:https://industryarc.com/Report/15492/automated-material-handling-market.htmlExcerpts on Market Growth Factors Mentioned in the Full Report:The multichannel supply chain strategy is an increasing trend in the current times particularly among the retail sector, is expected to drive the automated material handling systems market.AMH Market is registering significant growth due to rising demand for automated material handling systems with rising labor costs amidst the aging workforce.Rising adoption AMH systems in warehouse operations is also projected to propel the AMH market growth.Leasing of material handling equipment paving new avenues for the automated material handling systems.Key Players of the Automated Material Handling Industry:Daifuku remained the leading company in the global automated material handling market followed by Schaefer.
Automated Material Handling Market Research report provides a detailed analysis of of main manufactures and geographic regions,global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players.
Automated Material Handling Market report includes definitions, classifications, applications, and industry chain structure, development trends, and key regions distributors analysis.The report also provides supply and demand Figures, revenue, revenue and shares.
value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches.The automated material handling market is expected to witness market growth at a rate of 9.83% in the forecast period of 2021 to 2028Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Automated Material Handling Market which would mention How the Covid-19 is affecting the Automated Material Handling Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Corrugated Board Players to Combat Covid-19 Impact.Get Sample PDF of Automated Material Handling Market Report (including COVID19 Impact Analysis) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-automated-material-handling-marketAutomated Material Handling Market Scope and Market SizeOn the basis of product type, the automated material handling market is segmented into robots, automated storage and retrieval system (ASRS), conveyors and sortation systems, cranes, warehouse management system (WMS) and automated guided vehicle (AGV).On the basis of system type, the automated material handling market has been segmented into unit load material handling systems and bulk load material handling systems.On the basis of industry, the automated material handling market has been segmented into automotive, semiconductor and electronics, metals and heavy machinery, chemicals, food and beverages, e-commerce, healthcare, aviation, third party logistics (3PL) and others.
Key Players: Global Automated Material Handling MarketGreyOrange pte ltd., GEEK+ INC., Scallog, Eiratech Robotics, Dematic, Witron, TGW Logistics Group, Knapp AG, Arcadis, Mecalux, S.A., Naumann/Hobbs Material Handling, Conveyco, Daifuku co., ltd., IAM Robotics, Material Handling Systems, Swisslog Holding Ltd., Schaefer Systems International, Amber Industries Limited, Advanced Automated Systems, Inc., Taylor Material Handling & Conveyor, l3 Technologies, Inc.MAJOR TOC OF THE REPORTChapter One: Automated Material Handling Market OverviewChapter Two: Manufacturers ProfilesChapter Three: Global Automated Material Handling Market Competition, by PlayersChapter Four: Global Automated Material Handling Market Size by RegionsChapter Five: Global Automated Material Handling Market Revenue by CountriesChapter Six: Global Automated Material Handling Market Revenue by OfferingChapter Seven: Global Automated Material Handling Market Revenue by System TypeChapter Eight: Global Automated Material Handling Market Revenue by FunctionChapter Nine: Global Automated Material Handling Market Revenue by IndustryChapter Ten: Global Automated Material Handling Market Revenue by GeographyGet Detail TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-automated-material-handling-marketKey Report HighlightsComprehensive pricing analysis based on different product types and regional segmentsMarket size data in terms of revenue and sales volumeDeep insights about regulatory and investment scenarios of the global Automated Material Handling MarketAnalysis of market effect factors and their impact on the forecast and outlook of the global Automated Material Handling MarketThe detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Automated Material Handling MarketA roadmap of growth opportunities available in the Global Automated Material Handling Market with the identification of key factorsKey Questions Answered in Report:What is the key to the Automated Material Handling Market?What will the Automated Material Handling Market Demand and what will be Growth?What are the latest opportunities for Automated Material Handling Market in the future?What are the strengths of the key players?Access Full Report @ https://www.databridgemarketresearch.com/reports/global-automated-material-handling-marketAbout Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the marketContact:Data Bridge Market ResearchTel: +1-888-387-2818Email: [email protected] Related Reports@Alcohol SEnsor MarketAnti-Jamming MarketAutomated Mining Equipment Market
