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2021
Japan Automated Material Handling Equipment Market

Japan Automated Material Handling Equipment Market

by Product Type (Automated Guided Vehicle, Automated Storage & Retrieval System, Automated Crane, Robotic System, and Automatic Conveyor & Sortation System), System Type (Unit Load Material Handling and Bulk Load Material Handling), Component (Hardware, Software, and Services), Application (Assembly, Packaging, Transportation, Distribution, Storage, and Waste Handling) and Industrial Vertical (Grocery, General merchandise, Apparel, Food & Beverages, Parcel, Wholesale, Third Party Logistics, Durable Manufacturing, Non-Durable Manufacturing, and Healthcare): Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A13658
Pages: 164
Sep 2021 | 2872 Views
Author(s) : Amar Chinchane , Onkar Sumant
Tables: 45
Charts: 49
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COVID-19

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The Japan automated material handling equipment market size was valued at $4,270.0 million in 2020, and is projected to reach $10,342.8 million by 2030, registering a CAGR of 9.2% from 2021 to 2030. Automated material handling systems are computer-controlled systems that help the transportation of materials safely, on schedule and at a reduced cost. They help to increase the efficiency of transportation, storage, and retrieval of materials. For instance, automated guided vehicles use embedded floor wires to steer autonomous vehicles to various locations in the plant. The importance of the automated material handling equipment industry in Japan is growing at an exponential rate because managing the manufacturing plant has become an essential operation. 

The COVID 19 outbreak has affected the growth of the Japan automated material handling equipment industry owing to the lockdown measure in the countries and delay in manufacturing and production of Japan automated material handling equipment which are utilized in industries such as automotive, food, e-commerce, packaging, and others.

Robotics, wireless technologies, and autonomous vehicles are widely utilized to handle several items simultaneously while lowering the number of trips and time necessary for loading and unloading. These factors increase the demand for automated material handling systems in Japan. Furthermore, there is an increase in the need for automation in industries such as e-commerce, automotive, and food & beverages due to lower operating costs, enhanced supply chain processes, and lower labor expenses. However, high initial installation cost of automated material handling equipment, on the other hand, constitutes a significant challenge to Japan automated material handling equipment market development.

Japan-Automated-Material-Handling-Equipment-Market--2021-2030

The novel coronavirus has rapidly spread across various countries and regions, causing significant impact on the lives of people and the overall community. It emerged as a human health problem and has now become a significant threat to global trade, economies, and finances. The COVID-19 pandemic has halted the production of many items in the Japan automated material handling equipment business, due to the continuous lockdown in major global countries. The players in Japan automated material handling equipment market share can afford a complete lockdown only for a limited time before having to change their investment plans. Furthermore, the number of COVID-19 cases are expected to reduce in the near future as a vaccine for COVID-19 has been introduced in the market. This is further expected to lead to the re-initiation of Japan automated material handling equipment companies at their full-scale capacities, which would help the Japan automated material handling equipment market to recover by the start of 2022. Manufacturers of equipment and machinery must focus on protecting their employees, operations, and supply networks to respond to their urgent emergencies and develop new working procedures after the cases of COVID-19 infection start to decrease,

Japan Automated Material Handling Equipment Market
By Product Type

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Robotic System is projected to grow at a significant CAGR

Automated material handling machines help improve efficiency and minimize transportation time. Therefore, few Japanese key players are manufacturing advanced equipment which are quick and efficient for such applications. For instance, in June 2020, Tsubakimoto Chain Co. launched a new Zip Chain Lifter, the table type lifter that transmits lifting thrust directly through Zip Chains. This advanced machine operates 3 to 10 times faster than hydraulic lifters and reduces time consumption and labor expenses. Furthermore, it enables high-frequency operation, which helps save up to of 50% energy. These latest and advanced innovations in machines provide Japan automated material handling equipment market growth throughout the forecast period. 

Japan Automated Material Handling Equipment Market
By Application

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Storage segment holds dominant position in 2020

The Japan automated material handling equipment market is segmented on the basis of product type, system type, component, application, and industry vertical. By product type, the market is divided into automated guided vehicle, automated storage & retrieval system, automated crane, robotic system and automatic conveyor & sortation system. By system type, it is divided into unit load material handling system and bulk load material handling system. By component, it is classified into hardware, software, and services. By application, it is fragmented into assembly, packaging, transportation, distribution, storage, and waste handling. By industry vertical, it is categorized into groceries, general merchandise, clothing, food & beverages, parcel, wholesale, third party logistics, durable manufacturing, non-durable manufacturing, and healthcare.

Competition Analysis

Key companies profiled in the Japan automated material handling equipment report include Daifuku Co., Ltd., IHI Asia Pacific Pte. Ltd, Maxpull Machinery & Engineering Co., Ltd, Sumitomo Heavy Industries, Tsubakimoto Chain Group, Toyota Industries Corporation, Murata Machinery, Ltd., TOYO Kanetsu K.K., Okura Yusoki Co., Ltd., Seibu Electric & Machinery Co., Ltd.

Japan Automated Material Handling Equipment Market
By Industrial Vertical

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Durable Manufacturing holds a dominant position in 2020 and third-party logistics is expected to grow at a significant rate during the forecast period.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging Japan automated material handling equipment market trends and dynamics.  
  • In-depth emerging Japan automated material handling equipment market analysis is conducted by constructing market estimations for key market segments between 2021 and 2030. 
  • Extensive analysis of the emerging Japan automated material handling equipment is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The emerging Japan automated material handling equipment market forecast analysis from 2021 to 2030 is included in the report.
  • The key players within emerging market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the emerging Japan automated material handling equipment industry. 

Key Segments

By Product Type

  • Automated Guided Vehicle
  • Automated Storage & Retrieval System
  • Automated Crane
  • Robotic System
  • Automatic Conveyor & Sortation System

By System Type

  • Unit Load Material Handling System
  • Bulk Load Material handling system

By Component

  • Hardware
  • Software
  • Services 

By Application

  • Assembly
  • Packaging 
  • Transportation 
  • Distribution
  • Storage
  • Waste Handling

By Industry Vertical

  • Grocery 
  • General merchandise
  • Apparel 
  • Food & Beverages 
  • Parcel 
  • Wholesale 
  • Third Party Logistics
  • Durable Manufacturing
  • Non-Durable Manufacturing
  • Healthcare 
 

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Automated material handling equipment is widely used across manufacturing and warehousing units with the goal of reducing downtime and labour costs, combining manufacture, transportation, and distribution effectively, and producing an early and high return on investment. Furthermore, because of the growing need for customized product orders, the market for system as an online service is projected to expand in Japan. It became difficult for e-commerce businesses to handle complex orders using manual methods in order to satisfy consumers' demands for low pricing and quick delivery. The rising popularity of customized orders has prompted warehouse operators and manufacturers to improve the overall speed and efficiency of their operations in order to meet their objectives.

Various key players of Japan are expanding their business to improve their products and services portfolio and to strengthen its foothold in market.  For instance, in November 2019, Okura Yosoki has expanded its business by opening fourth production facilities in Japan. It is specialized in producing sophisticated conveyor systems such as Unicon V, flag ship range for logistic applications.

These new products are more technologically sophisticated and work more efficiently and effectively than their prior product line. Hence, and they are extensively employed in several end user industries.

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FREQUENTLY ASKED QUESTIONS?

A. The Japan automated material handling equipment market size was valued at $4,270.0 million in 2020.

A. Based on product type, the robotic system holds the maximum market share of the Japan automated material handling equipment market in 2020.

A. The Japan automated material handling equipment market is projected to reach $10,342.8 million by 2030.

A. Technological advancements in robotics and wireless technologies, and Rise in demand for various application such as assembly, packaging, automated cranes and many more are the key trends in the Japan automated material handling equipment market.

A. The product launch is key growth strategy of Japan automated material handling equipment industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. High initial installation cost is the effecting factor for Japan automated material handling equipment market.

A. The application of Japan automated material handling equipment include in assembly, packaging, transportation, distribution, storage and waste handling.

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