Automated Material Handling Equipment Market
Global Automated Material Handling Equipment Market Size, Share & Trends Analysis Report by Type (Hardware and Software) by System Type (Robots, Automated Storage & Retrieval System (ASRS), Conveyor and Sortation Systems, Cranes, Others) by Industry (Automotive, Food & Beverage, Chemical, Metals & Heavy Machinery, Retail, Third Party Logistics, & E-commerce, Healthcare, Others) Forecast 2020-2026
The automated material handling equipment market is projected to grow at a considerable CAGR of around 12% during the forecast period (2020-2026). The rising demand for human-robot collaboration in the different industrial sectors such as automotive, chemical, retail, and manufacturing among others for overall cost reduction is a major factor to drive the growth of the global automated material handling equipment market. Robots are playing an imperative role in the industrial warehousing sector. The rise of industrial robots witnessed a hefty expansion in developed countries and certainly seems to be inevitable being driven by a range of production demands, including continued adaptation to the proliferation of automation and the IoT, increased resource efficiency, and need for safer and more simplified robotic technologies to work in collaboration with humans. According to the International Federation of Robotics, there are more than 1 million industrial robots at work in industrial units across the globe.
Moreover, a significant rise in the industry 4.0 and smart factories, increased focal point of manufacturers on dropping the operational and maintenance costs, rolling need for automated material handling equipment. Here, with the integration of Industry 4.0-ready solutions and IoT, the data can be made available that can assist both ends of the supply chain since information is a more flexible way. This, in turn, ultimately leads to faster cycle times in the storage and retrieval of goods and more efficient delivery of goods to the consumer. The ongoing technological advancement in equipment manufacturing is anticipated to offer considerable opportunities to the growth of the global market. However, the lack of a skilled workforce and the concern of replacing manual labor especially in emerging economies such as India and China are limiting the growth of the market.
Segmental Outlook
The global automated material handling equipment market is classified on the basis of product type, system type, and industry. Based on the product type, hardware and software. Based on the system type, the market is segmented into robots, automated storage & retrieval system (ASRS), conveyor and sortation systems, cranes, and others. Robots are anticipated to hold considerable market share based on product type segments. The high use of robots to reduce the labor cost, to offer personnel safety, and to get a high return on the investment are the key factors contributing towards the high market share of the region. Cost-effectiveness, and ability to perform different tasks simultaneously to reduce the loading and unloading delay are the key factors contributing towards the growth of the segment. Based on industry, the market is segmented into automotive, food & beverage, chemical, metals & heavy machinery, retail, third party logistics, & e-commerce, healthcare, and others.
Retail, third party logistics, & e-commerce will be considerable segment based on industry
Retail, third party logistics, and e-commerce industry are anticipated to showcase considerable growth during the forecast period. The considerable growth in the e-commerce industry created significant demand for automated material handling equipment in order to maintain inventory operations. Further, the growing retail industry is raising the demand for deployment of inventory and its management which is also contributing to the automated material handling equipment market value in retail, third-party logistics, and e-commerce industry.
Global Automated Material Handling Equipment Market Share by Industry, 2019 (%)
Regional Outlook
The global automated material handling equipment market is further segmented on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. Geographically, the market in Asia-Pacific is anticipated to hold a considerable market share. The automated material handling market in Asia-Pacific is driven by an increase in the adoption of advanced e-commerce logistics solutions to cope up with wage rate and productivity, which is contributing to the market growth in the Asia-Pacific region. Additionally, the expansion of various automotive company’s production plants is also contributing to the market growth. For instance, in November 2019, Hyundai Motor planned to open a new factory in Southeast Asia. Setting up new automotive plants will drive the demand for ASRS solutions in the region which in turn will drive the growth of the automated material handling equipment market.
Global Automated material handling equipment Market Growth, by Region 2020-2026
Market Players Outlook
The major players of the automated material handling equipment market include KUKA AG, Daifuku Co., Ltd., KION Group, Toyota Industries Corp., Murata Machinery, Ltd., Honeywell International, Inc., TGW Logistics, Inc., Kardex Group, Honeywell International, Inc., and Schaefer Systems International, Inc. among others. These companies are adopting various strategies to stay competitive in the market such as merger & acquisition, and product launch. Merger and acquisition are considered as the key strategy in the market as many large players are acquiring small-medium scale companies in order to expand their market. For instance, In April 2019, Daifuku Co., Ltd. acquired the India-based Vega Conveyors & Automation Pvt. Ltd. Vega is involved in the consulting, design, manufacture, installation, and after-sales service of conveyors and other material handling equipment within its domestic Indian market.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automated material handling equipment market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. KUKA AG
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Daifuku Co., Ltd.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Kion Group AG
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Murata Machinery Ltd.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Toyota Industries Corp.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global Automated Material Handling Equipment Market by Product Type
5.1.1. Hardware
5.1.2. Software
5.2. Global Automated Material Handling Equipment Market by System Type
5.2.1. Robots
5.2.2. Automated Storage & Retrieval System (ASRS)
5.2.3. Conveyor and Sortation Systems
5.2.4. Cranes
5.2.5. Others
5.3. Global Automated Material Handling Equipment Market by Industry
5.3.1. Automotive
5.3.2. Food & Beverage
5.3.3. Chemical, Metals & Heavy Machinery
5.3.4. Retail, Third Party Logistics, & E-Commerce
5.3.5. Healthcare
5.3.6. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Automation Logistics Corp.
7.2. BEMUR Group
7.3. Daifuku Co., Ltd.
7.4. Green Automated Solutions, Inc.
7.5. Hanel Storage Systems
7.6. Honeywell International, Inc.
7.7. Hyster-Yale Materials Handling, Inc.
7.8. IHI Corp.
7.9. JBT Corp.
7.10. Jungheinrich AG
7.11. Kardex Group
7.12. Kion Group AG
7.13. KNAPP AG
7.14. KUKA AG
7.15. MECALLUX Group
7.16. Modula, Inc.
7.17. Murata Machinery, Ltd.
7.18. System Logistics S.P.A.
7.19. TGW Logistics Group
7.20. Toyota Industries Corp.
7.21. Viastore Systems GmbH
7.22. Westfalia Technologies, Inc.
1. GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
2. GLOBAL HARDWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2019-2026 ($ MILLION)
5. GLOBAL ROBOTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL AUTOMATED STORAGE & RETREIVAL SYSTEM (ASRS) MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL CONVEYOR AND SORTATION SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL CRANES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2019-2026 ($ MILLION)
10. GLOBAL AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL FOOD & BEVERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL CHEMICAL, METALS & HEAVY MACHINERY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL RETAIL, THIRD PARTY LOGISTICS, & E-COMMERCE MARKET RESEARCH AND AANALYSIS BY REGION,2019-2026 ($ MILLION)
14. GLOBAL HEALTHCARE MARKET RESEARCH AND AANALYSIS BY REGION,2019-2026 ($ MILLION)
15. GLOBAL OTHERS MARKET RESEARCH AND AANALYSIS BY REGION,2019-2026 ($ MILLION)
16. NORTH AMERICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
17. NORTH AMERICAN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
18. NORTH AMERICAN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2019-2026 ($ MILLION)
19. NORTH AMERICAN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCHAND ANALYSIS BY INDUSTRY, 2019-2026 ($ MILLION)
20. EUROPEAN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
21. EUROPEAN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
22. EUROPEAN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2019-2026 ($ MILLION)
23. EUROPEAN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2019-2026 ($ MILLION)
24. ASIA-PACIFIC AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
26. ASIA-PACIFIC AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2019-2026 ($ MILLION)
27. ASIA-PACIFIC AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2019-2026 ($ MILLION)
28. REST OF THE WORLD AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
29. REST OF THE WORLD AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2019-2026 ($ MILLION)
30. REST OF THE WORLD AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2019-2026 ($ MILLION)
1. GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENTMARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
2. GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENTMARKET SHARE BY SYSTEM TYPE, 2019 VS 2026 (%)
3. GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENTMARKET SHARE BY INDUSTRY, 2019 VS 2026 (%)
4. GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENTMARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. THE US AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
7. UK AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
13. INDIA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
14. CHINA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF THE WORLD AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
