Press release
Automated Material Handling Equipment Market By Top Key Players - Hyster-Yale Material Handling, Inc., Kion Group AG, Hanwha Corporation , Kuka AG , Fives , Murata Machinery, Ltd., TGW Logistics Group GmbH , Viastore Systems GmbH
According to Verified Market Intelligence, The Global Automated Material Handling Equipment Market was valued at USD 33.28 billion in 2017 and is projected to reach USD 57.11 billion by 2025, growing at a CAGR of 8.0% from 2018 to 2025.
What is Automated Material Handling Equipment?
Automated material handling equipment can automate the most tedious, dull, and unsafe tasks in the production line of different industries. These equipment are used by the end users to improve the quality, throughput, flexibility, and consistency along with decreasing ergonomic hazards for workers. It helps in enhancing the efficiency of the production line and increases the customer satisfaction by delivering quality products on time.
Automated material handling equipment offers numerous advantages such as increases profit, enhances production quality & quantity, time saver, reduced labor costs and improved efficiency. It has many applications in various industries that include- automotive, metals & heavy machinery, food & beverages, chemical, healthcare and aviation etc. Thus, these factors boost the growth of automated material handling market.
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Global Automated Material Handling Equipment Market Outlook
Increasing demand for personalized AGV, growing need for workers safety, the rise in the integration of industry 4.0 with robots and growing e-commerce industry have been driving the global automated material handling equipment market. Moreover, reducing labor cost through advancement in robotics and the increasing demand for automated solutions in various industries has also contributed to the growth of the market. While the availability of rental AGV, reluctance to adopt changes, real-time technical issues, and costly equipment acts potential restraints for the overall market at a global level.
Global Automated Material Handling Equipment Market Competitive Landscape
The “Global Industrial 3D Printing Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Hyster-Yale Material Handling, Inc., Kion Group AG, Hanwha Corporation , Kuka AG , Fives , Murata Machinery, Ltd., TGW Logistics Group GmbH , Viastore Systems GmbH and Daifuku Co., Ltd.. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Global Automated Material Handling Equipment Market Segmentation, by System Type
• Bulk Load Material Handling
• Unit Load Material Handling
Global Automated Material Handling Equipment Market Segmentation, by Component
• Software
• Warehouse Control System
• Warehouse Execution System
• Warehouse Management System
• Services
• Training
• Software Upgradation
• Maintenance and Repair
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Global Automated Material Handling Equipment Market Segmentation, by Product
• Automated Cranes
• Automated Guided Vehicles
• Robots
• Automated Conveyors and Sortation Systems
• Automated Storage and Retrieval Systems
Global Automated Material Handling Equipment Market Segmentation, by Function
• Packaging
• Distribution
• Waste Handling
• Storage
• Transportation
• Assembly
Global Automated Material Handling Equipment Market Segmentation, by Vertical
• Healthcare
• Metals & Heavy Machinery
• Food & Beverages
• Aviation
• E-Commerce
• Automotive
• Chemical
• Semiconductor and Electronics
• Others
Global Automated Material Handling Equipment Market Geographic Scope
• North America
• S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• Latin America
• Brazil
• Rest of the World
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