Report Feature
Automated Material Handling Equipment Market Trends and Forecast
The future of the global automated material handling equipment market looks promising with opportunities in the automotive, metal & heavy machinery, food & beverage, chemical, healthcare, 3PL, semiconductor & electronic, aviation, and e-commerce end use industries. The global automated material handling equipment market is expected to reach an estimated $47.4 billion by 2028 with a CAGR of 8.1% from 2023 to 2028. The major drivers for this market are the widespread adoption of automation in industries, like e-commerce sector, rising demand for robotic solution in warehouse automations, and growing trend towards the digitization of supply chain operations while integrating with IoT.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown here.
Automated Material Handling Equipment Market by Segment
The study includes trends and forecast for the global automated material handling equipment market by product, system type, end use industry, and region, as follows:
Automated Material Handling Equipment Market by Product [Shipment Analysis by Value from 2017 to 2028]:
- Robots
- ASRS
- Conveyors & Sortation Systems
- Cranes
- WMS
- AGV
- Others
Automated Material Handling Equipment Market by System Type [Shipment Analysis by Value from 2017 to 2028]:
- Unit Load Material Handling
- Bulk Load Material Handling
Automated Material Handling Equipment Market by End Use Industry [Shipment Analysis by Value from 2017 to 2028]:
- Automotive
- Metals & Heavy Machinery
- Food & Beverage
- Chemical
- Healthcare
- 3PL
- Semiconductor & Electronics
- Aviation
- E-Commerce
- Others
Automated Material Handling Equipment Market by Region [Shipment Analysis by Value from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Automated Material Handling Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, automated material handling equipment companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automated material handling equipment companies profiled in this report include-
- Daifuku
- Kardex Group
- KION Group
- JBT
- Jungheinrich
Automated Material Handling Equipment Market Insights
- Lucintel forecasts that unit load will remain the larger system type segment over the forecast period due to its increasing application in the e-commerce sector, owing to its high-density storage, reduced aisle space, and optimization of a facility's vertical height so as to turn open air into useful storage space.
- Automotive is expected to remain the largest end use industry segment due to the emerging requirement of automated technology in the automotive sector for just-in-time (JIT) delivery of supplies, improve inventory management, as well as to decrease the cost of unproductive labor.
- APAC will remain the largest region due to rapid industrialization, the presence of key manufacturing hubs in Japan, and significant existence of major e-commerce buyers and sellers in China.
Features of the Automated Material Handling Equipment Market
- Market Size Estimates: Automated material handling equipment market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Automated material handling equipment market size by various segments, such as product, system type, end use industry, and region
- Regional Analysis: Automated material handling equipment market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different products, system types, end use industries, and regions for the automated material handling equipment market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the automated material handling equipment market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automated material handling equipment market size?
Answer: The global automated material handling equipment market is expected to reach an estimated $47.4 billion by 2028.
Q2. What is the growth forecast for automated material handling equipment market?
Answer: The global automated material handling equipment market is expected to grow with a CAGR of 8.1% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automated material handling equipment market?
Answer: The major drivers for this market are the widespread adoption of automation in industries, like e-commerce sector, rising demand for robotic solution in the warehouse automation, and growing trend towards the digitization of supply chain operations while integrating with IoT.
Q4. What are the major segments for automated material handling equipment market?
Answer: The future of the automated material handling equipment market looks promising with opportunities in the automotive, metal & heavy machinery, food & beverage, chemical, healthcare, 3PL, semiconductor & electronic, aviation, and e-commerce end use industries.
Q5. Who are the key automated material handling equipment companies?
Answer: Some of the key automated material handling equipment companies are as follows:
Answer: The global automated material handling equipment market is expected to reach an estimated $47.4 billion by 2028.
Q2. What is the growth forecast for automated material handling equipment market?
Answer: The global automated material handling equipment market is expected to grow with a CAGR of 8.1% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automated material handling equipment market?
Answer: The major drivers for this market are the widespread adoption of automation in industries, like e-commerce sector, rising demand for robotic solution in the warehouse automation, and growing trend towards the digitization of supply chain operations while integrating with IoT.
Q4. What are the major segments for automated material handling equipment market?
Answer: The future of the automated material handling equipment market looks promising with opportunities in the automotive, metal & heavy machinery, food & beverage, chemical, healthcare, 3PL, semiconductor & electronic, aviation, and e-commerce end use industries.
Q5. Who are the key automated material handling equipment companies?
Answer: Some of the key automated material handling equipment companies are as follows:
- Daifuku
- Kardex Group
- KION Group
- JBT
- Jungheinrich
Q6.Which automated material handling equipment segment will be the largest in future?
Answer: Lucintel forecast that unit load will remain the larger system type segment over the forecast period due to its increasing application in the e-commerce sector, owing to its high-density storage, reduced aisle space, and optimization of a facility's vertical height so as to turn open air into useful storage space.
Q7. In automated material handling equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to rapid industrialization, the presence of key manufacturing hubs in Japan, and significant existence of major e-commerce buyers and sellers in China.
Q8.Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Answer: Lucintel forecast that unit load will remain the larger system type segment over the forecast period due to its increasing application in the e-commerce sector, owing to its high-density storage, reduced aisle space, and optimization of a facility's vertical height so as to turn open air into useful storage space.
Q7. In automated material handling equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to rapid industrialization, the presence of key manufacturing hubs in Japan, and significant existence of major e-commerce buyers and sellers in China.
Q8.Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
