Automated Material Handling can play an essential role in modern factories for work-in-process storage and offer the advantages of improved inventory control and cost-effective utilization of time, space and equipment.
The market for automated material handling equipment is fragmented with players such as Daifuku, Schaefer Systems International, KION Group, Murata Machinery, Vanderlande, and so on. Top 17 companies occupy about 50% market share in 2016. North America and Europe are dominating the market both in production and consumption with 50%-60% share.
Continuous rise in demand for automation in industries has revolutionized the adoption of automated material handling equipment. With the advent of technologies such as robotics, wireless technologies, and driverless vehicles, the automated material handling equipment market has witnessed significant growth over the last few years. Major players in automated material handling industry focus on the development of affordable, small, compact, and energy-efficient material handling solutions to reach a wider customer base. Recent boom in e-commerce is a major driver for the materials handling systems, with widespread demand for process automation worldwide. E-commerce industry players aim on improving the quality of their service through minimal waste generation. In developing nations, industrialization and modernization primarily support the market growth.
The major restraints for automated material handling equipment is high initial investment. The initial cost required for the set up and integration of the automated material handling equipment is high, which limits the use of these equipment in heavy manufacturing organizations. Industries with high labor costs are anticipated to use robotic systems and automated guided vehicles to reduce their labor costs and produce high quality products. Industries, such as automotive and electronics, where precision and accuracy play a major role, use automated systems to meet international quality standards. However, with new emerging technologies, and growth in competition in the market, the initial costs of automated material handling equipment would reduce in the future.
The Automated Material Handling (AMH) Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Automated Material Handling (AMH) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automated Material Handling (AMH) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Automated Material Handling (AMH) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Automated Material Handling (AMH) market for 2015-2027.
Key Companies
Daifuku
Schaefer
KION GROUP
Murata Machinery
Vanderlande
Mecalux
Beumer group
Fives group
KUKA(Swisslog AG)
Intelligrated
Knapp
Kardex AG
System Logistics
TGW Logistics
Grenzebach
Witron
Viastore
Automated Material Handling (AMH) Market by Type
Automated Storage and Retrieval System(AS/RS)
Automatic Guided Vehicle (AGV)
Conveyor & Sorter Systems
Robotic Systems
Automated Material Handling (AMH) Market by Application
E-commerce & Retail
Food & Beverage
Manufacturing
Pharmaceutical
Airport
At the same time, we classify Automated Material Handling (AMH) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Automated Material Handling (AMH) market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Automated Material Handling (AMH) market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Automated Material Handling (AMH) market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automated Material Handling (AMH) market for the forecast period 2021 - 2027?
• What are the driving forces in the Automated Material Handling (AMH) market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automated Material Handling (AMH) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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