Automated Material Handling Equipment Market to Eyewitness Increasing Revenue during the Forecast Period by 2030
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Global Automated Material Handling Equipment Market was valued at USD 26.20 billion in 2021 and is expected to reach USD 55.71 billion by 2029, registering a CAGR of 9.89% during the forecast period of 2022-2029. Unit Load Material Handling Systems is expected to witness significant growth in the system type segments of the market owing to the surge in demand for automated material handling equipment in the e-commerce industry. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Key Players Mentioned in the Automated Material Handling Equipment Market Research Report:
Anhui Heli Co., Ltd. (China), HAULOTTE GROUP (France), Ingersoll-Rand (US), SSAB (Sweden), Zoomlion Heavy Industry Science&Technology Co., Ltd. (China), Hyster-Yale Materials Handling, Inc. (US), PALFINGER AG (Austria), Cargotec Corporation (Finland), Columbus McKinnon Corporation (US), TOYOTA INDUSTRIES CORPORATION (Japan), KITO CORPORATION (Japan), XCMG Group (China), Linamar (Canada), Terex Corporation (US), Jungheinrich AG (Germany), Liebherr Group (Germany), Konecranes (Finland), Manitowoc (US), Tadano Ltd. (Japan), Crown Equipment Corporation (US), Mammoet (Netherlands), Komatsu Ltd. (Japan), and MITSUBISHI LOGISNEXT CO.,LTD (Japan), among others
Regions and Countries: U.S, Canada, France, Germany, UK, Italy, Rest of Europe, India, China, Japan, Singapore, South Korea, Australia, Rest of APAC, Brazil, Mexico, Argentina, Rest of LATAM, Saudi Arabia, South Africa, UAE.
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Automated Material Handling Equipment Market Dynamics
Drivers
High Use in Food and Beverages Sector
The automated material handling equipment has found major application in the food and beverage industry due to the additional requirements for sanitation than other sectors. Requirement of stringent sanitary conditions for systems that transport foodstuffs is required by FDA and USDA that acts as one fo the major factors in driving the growth of the market.
Increase in Warehouses
The surge in number of warehouse developments in the advancing countries accelerate the market growth. The rise in need from the manufacturing industry has a positive impact on the growth of the market. The increase in startups offering robotic solutions for warehouse automation also drives the market further.
Concerns regarding Safety
The increase in the adoption of industrial lifting equipmenmt to enhance productivity, and reduce injuries and disasters further influence the market. Also, an inclination for IC-engine forklift trucks in developing regions assist in the expansion of the market.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the automated material handling equipment market.
Opportunities
Furthermore, increase in level of order customization and personalization along with digitization of supply chain processes with integration of IoT extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, presence of huge intralogistics sector in Southeast Asia will further expand the market.
Based on the Automated Material Handling Equipment Market Segmentations:
By Type
Tow Vehicles
Unit Load Carriers
Pallet Trucks
Assembly Line Vehicles
Forklift Truck
Others
By Navigation Technology
Laser Guidance
Magnetic Guidance
Inductive Guidance
Optical Tape Guidance
Vision Guidance
Others
System Type
Unit Load Material Handling Systems
Bulk Load Material Handling Systems
Software and Services
Software
Warehouse Management System
Warehouse Control System
Warehouse Execution System
Services
Maintenance and Repair
Training
Software Upgrades
Function
Assembly
Packaging
Transportation
Distribution
Storage
Waste Handling
Industry
Automotive
Metals and Heavy Machinery
Food and Beverages
Chemicals
Semiconductor and Electronics
Healthcare
Report Objectives
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Table of Contents
Report Overview: It includes major players of the Automated Material Handling Equipment market covered in the research study, research scope, and Market segments by type, market segments by application, years considered for the research study, and objectives of the report.
Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Automated Material Handling Equipment market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Automated Material Handling Equipment market are discussed.
Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.
Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.
Market Size by Application: Besides an overview of the Automated Material Handling Equipment market by application, it gives a study on the consumption in the Automated Material Handling Equipment market by application.
Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.
Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.
Company Profiles: Almost all leading players of the Automated Material Handling Equipment market are profiled in this section. The analysts have provided information about their recent developments in the Automated Material Handling Equipment market, products, revenue, production, business, and company.
Market Forecast by Production: The production and production value forecasts included in this section are for the Automated Material Handling Equipment market as well as for key regional markets.
Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the Automated Material Handling Equipment market as well as for key regional markets.
Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the Automated Material Handling Equipment market.
Key Findings: This section gives a quick look at important findings of the research study.
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