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Automated material handling (AMH) market emerges with Kardex Remster, Daifuku Co., Ltd., Intelligrated, Dematic Corp., and Fives Group, during 2018-2023

11-19-2018 08:13 PM CET | Logistics & Transport

Press release from: Market Prognosis

Advances in global industrial production, rapid growth in the number of industrializing countries, increasing emphasis on workplace safety, and rapid growth in the e-commerce industry are expected to raise the need for automated material handling equipment during the forecast period. AMH manufacturers are increasingly spending on R&D activities to achieve product differentiation and produce highly efficient AMH systems.

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With the increase in the global population and rise in personal incomes, the demand for various products is expected to witness significant growth. Increasing investment in various industries in developing countries, such as China, India, etc. and rising efforts among end users to reduce labor costs, particularly in developed markets such as the United States, are expected to impact the growth of the automated material handling industry. Retail Segment to Lead the Global Automated Material Handling Market.

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Market Segments:
Automated material handling (AMH) market is segmented by:
1. Product Type: Automated Storage and Retrieval System, Automated Guided Vehicle, Conveyor, Palletizer, Sortation System
2. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• September 2017 - Zambu00fa Higiene, an organization which manufactures, distributes, and sells more than four thousand industrial hygiene and cleaning products, has hired Mecalux to supply and install the high-density Pallet Shuttle system.
• March 2017 - Yamazaki Mazak Corporation, a Japanese machine tool builder, based in Oguchi, and Murata Machinery, Ltd. collaborated in the development of the “MAZATEC SMS (Smart Manufacturing System)”. This collaboration is expected to pool the internal factory material handling technology of Murata Machinery, Ltd. with the advanced horizontal machining centers and multitasking machine tools of Yamazaki Mazak Corporation into one masterpiece technology.

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today's complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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