Press release
Global Automated Material Handling Market comprehensive overview, Massive Business Growth and key players are Fetch Robotics, Honeywell, Dematic, Bastian Solutions, Siemens, Vanderlande, BEUMER Group, Fives, Hyster-Yale Group, Jungheinrich AG,Mazak Europe
The key maestro moves of the top market players including acquisitions and mergers, new product launch, agreements, partnerships, collaborations, and joint ventures, research and development, and regional expansion of major participants involved in the market on a global and regional basis have been analyzed in detail in this market report.The report has laid down segments tailored to the size, growth rate and overall market attractiveness of the market, the study provides an analysis of the company's market share to provide a comprehensive overview of key market players. The SWOT analysis shows what drivers and restrictions the Automated Material Handling market has to offer.
The number of users is increasing daily, sales, imports, exports, income and CAGR values are multiplying and accordingly the forecast period 2019-2025 is now projected to be a period of boom for the Automated Material Handling market.
The Automated Material Handling Market is expected to rise from its initial estimated value of USD 34.25 billion in 2018 to an estimated value of USD 62.69 billion by 2026, registering a CAGR of 7.85% in the forecast period of 2019-2026. This trend can be attributed to the increasing concerns about labour safety and cost of human resources.
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The Global Automated Material Handling market overview section of the report demonstrates the market dynamics such as the drivers, restraints, opportunities, trends that is expected to influence the current nature and future status of this market. Key indicators mentioned in the report, provide a robust view about the vital factors that led to the strong adoption of control valves around the globe. The key indicators also provide significance of the factors which are capable of changing the market scenario. These indicators are expected to define the market position during the forecast period. An attractiveness analysis has also been provided for every segment in the report, in order to provide a thorough understanding of the overall scenario in the Global Automated Material Handling Market. Moreover, the report provides an overview of various strategies adopted by the key players present in the market.
Market Drivers:
• Increased concerns about the cost and safety of human labour is expected to drive the market growth
• Rising growth of e-commerce industry and digitalization of supply chain to IoT is also expected to drive the market growth
Market Restraints:
• High installation, usage and maintenance costs of these systems is expected to act as a major restraint for the market
• Lack of technically skilled professionals and technicians for the maintenance, and repair of these systems is expected to restraint the market growth
Competitive Analysis: Global Automated Material Handling Market
The Global Automated Material Handling Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automated material handling market for global, Europe, North America, Asia Pacific and South America.
Analyst Review:
Data Bridge Market Research encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.
Major Companies Covered
Honeywell, Dematic, Bastian Solutions, Siemens, Vanderlande, BEUMER Group, Fives, Hyster-Yale Group, Jungheinrich AG, Jungheinrich UK Ltd, Daifuku America, KNAPP AG, Mecalux Warehouse Solutions, Hanwha Group, JBT Corporation, Grenzebach Group, KUKA AG, KION Group, TGW Logistics Group, Mazak North America, GreyOrange, Murata Machinery USA, Inc, Fetch Robotics, Kardex Group, viastore GROUP, Mobile Industrial Robots ApS, inVia Robotics, Locus Robotics, IAM Robotics, Magazino GmbH, 6 River Systems, Inc., Mazak Europe, Yamazaki Mazak Turkey, Jungheinrich Singapore, TOYOTA INDUSTRIES CORPORATION, Fritz Schäfer GmbH, viastore SYSTEMS Inc. (North America), viastore SYSTEMS Brasil, GEEKPLUS ROBOTICS, Robert Bosch Ltd
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Market Segmentation
By Product
• Robots
• Conveyors & Sortation Systems
• Automated Storage and Retrieval Systems (ASRS)
• Cranes
• Automated Guided Vehicles (AGV)
By System Type
• Unit Load Material Handling Systems
• Bulk Load Material Handling Systems
By Function
• Storage
• Transportation
• Assembly
• Packaging
• Distribution
• Waste Handling
By Industry
• Automotive
• Chemicals
• Aviation
• Semiconductors & Electronics
• E-Commerce
• Food & Beverages
• Healthcare
• Metals & Heavy Machinery
• Others
By Geography
• Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
• North America (US, Canada, Mexico) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
• Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• South America (Brazil, Argentina, Rest of South America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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