Automated Material Handling Equipment Market Overview:
Increased need for automation in industries such as e-commerce, automotive, and food & beverages due to reduced operational costs, improved supply chain process, and reduced labor costs drive the AMH equipment market growth. Moreover, increase in industrial production in emerging nations, such as China, India, and Mexico demands automated conveyor systems, transport equipment and industrial equipment thereby boosting the market growth. However, high initial installation cost of automated material handling equipment poses a major threat to the automated material handling equipment.
The automated material handling manufacturing industry is segmented based on product type, system type, component, application, industry vertical and geography. Based on product type, market is segmented into automated guided vehicle, automated storage and retrieval system, automated crane, robotic system, and automated conveyor & sortation system. By system type it is divided into, unit load material handling system and bulk load material handling system. Based on application, market is segmented into assembly, packaging, transportation, distribution, storage, and waste handling. By Industry vertical, it is divided into automotive, chemical, rubber & plastic, aviation, semiconductor and electronics, e-commerce, food & beverages, metal, and heavy machinery.
Top Impacting Factors for AHM Equipment Market
With the increase in need for automation in industrial and transport equipment, the use of automated material handling equipment has multiplied significantly. Organizations adopt robotics systems to automate their processes to deliver high quality products, increase their manufacturing capabilities, serve customers better, and efficiently manage their processes. This factor pushes organizations to adopt AMH equipment and further strengthens the market. The effect of this factor is moderate at this stage; however, it is expected to increase in near future.
With the advent of new technologies, better and efficient automated solutions are being offered in the market. The automated material handling equipment such as robotic systems perform tasks with higher accuracy and precision and help to reduce operational cost. New technologies such as vision automated guided vehicle provide increased throughput, ensure safety, and helps reduce labor costs. Introduction of advanced technologies result in enhanced quality and flexible automated systems which would strengthen the market in the future. The effect of new technologies is moderate in the AHM equipment market, and its impact is expected to increase in near future, owing to increasing adoption of automated material handling equipment in e-commerce industry to shorten the delivery time of products to customers.
Currently, the emerging economies including China, India, and Mexico witnessed a slow penetration in the automated material handling equipment industry; however, with the various technological advancements and increase in innovations in robotic systems, the demand for automated systems would rise in the future. However, higher efficiency of these equipment coupled with stringent government policies regarding cleanliness and hygiene, would increase the adoption of automated material handling equipment such as conveyer systems in the e-commerce, food & beverages, and automotive industry in the near future.
Key players operating in the global automated material handling equipment market are Daifuku Co. Ltd., Siemens AG, Bosch Rexroth, Murata Machinery Ltd., Swisslog Holding AG, SSI Schaefer AG, Dematic Group S.A.R.L, Toyota Industries Corporation, JBT Corporation and Bastian Solutions, Inc.
- This report provides an in-depth analysis of the global automated material handling equipment industry trends and future estimations to elucidate the potential investment pockets in the market.
- The report provides a quantitative analysis from 2014 to 2022 to enable the stake holders to capitalize on prevailing market opportunities.
- The current trends and future forecasts aid to determine the overall market potential and single out profitable trends.
- Recent developments, key market players, and market shares are listed in the report to study the competitive scenario of the market.
- Porter’s five forces model of the industry illustrates the potency of the buyers and suppliers.
- Value chain analysis provides a clear understanding on the roles of the stakeholders involved.
Automated Material Handling Equipment Market segmentation
By Product Type
- Automated guided vehicle
- Automated storage and retrieval system
- Automated crane
- Robotic system
- Automatic conveyor and sortation system
By System Type
- Unit load material handling system
- Bulk load material handling system
- Waste Handling
- Chemical, rubber & plastic
- Semiconductors & electronics
- Food & Beverages
- Others(energy, metal, and heavy machinery)
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
- Daifuku Co. Ltd.
- Siemens AG
- Bosch Rexroth
- Murata Machinery Ltd.
- Swisslog Holding AG
- SSI Schaefer AG
- Dematic Group S.A.R.L
- Toyota Industries Corporation
- JBT Corporation
- Bastian Solutions, Inc.
- Jungheinrich AG
- KUKA AG
- KION Group AG
- Xuzhou Heavy Machinery Co., Ltd.
- Manitowoc Company, Inc.
- Informatik GmbH
- Eisenmann AG
- Columbus McKinnon Corporation
- Crown Equipment Corporation
- Viastore Systems GmbH
Automated Material Handling Equipment Market Report Highlights
By PRODUCT TYPE
By SYSTEM TYPE
By INDUSTRY VERTICAL
Key Market Players
BASTIAN SOLUTIONS, INC., SSI SCHAFER AG, MURATA MACHINERY, LTD., TOYATA INDUSTRIES CORPORATION, JBT CORPORATION, DAIFUKU CO. LTD., SIEMENS AG, SWISSLOG HOLDING AG, DEMATIC GROUP S.A.R.L., BOSCH REXROTH
The automated material handling systems reduce the labor cost and enhance the workflow and production quality of a process. Automotive, chemical, food & beverage, electronics, healthcare, and aviation industries incorporate AMH equipment to reduce cost, save time, and deliver better quality products. The global automated material handling equipment market has witnessed steady growth across the globe due to increase in automation trends among the various manufacturing industries. With the increase in demand for automated material handling equipment such as automated guided vehicle, automated storage & retrieval systems, automated crane, robotics systems and automated conveyor and sortation systems the market players are developing innovative and technologically advanced material handling systems to enhance their market reach. Automated conveyor systems accounted for one fifth of the market share in 2015, and is likely to reach $7,596 million by 2022 at a CAGR of 6.5%. Acquisition is the most adopted strategy by these market players to increase their market share in the global automated material handling equipment manufacturing industry. For instance, Dematic Group S.A.R.L acquired NDC Automation, a leading provider of Automated Guided Vehicles (AGVs) and Software to provide highest quality AGV solutions to customers. This acquisition would enhance the company’s offering in storage equipment and logistics IT technologies.
Europe dominates the market owing to presence of major industry players including Siemens AG, Bosch Rexroth, Swisslog Holding AG, SSI Schaefer AG, and Dematic Group S.A.R.L. In fact, Germany accounted for the highest market share in this region. Asia-Pacific on account of demand from China, India, Japan, and other developing countries pose lucrative opportunities for market players. LAMEA is expected to grow at a steady CAGR during the forecast period, with growth in developing nations such as Brazil. Key players operating in the market include Daifuku Co. Ltd., Siemens AG, Bosch Rexroth, Murata Machinery Ltd., Swisslog Holding AG, SSI Schaefer AG, Dematic Group S.A.R.L, Toyota Industries Corporation, JBT Corporation, and Bastian Solutions, Inc.