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GLOBAL AUTOMATED MATERIAL HANDLING MARKET IS PROJECTED TO REACH USD 37.90 BILLION BY 2022 AT A CAGR OF 8.73%, KEY PLAYERS ARE SWISSLOG HOLDING AG, MURATA MACHINERY USA INC., SIEMENS AG, AMAZON (KIVA SYSTEMS), BUEMER GROUP, DEMATIC (KION GROUP AG), FLEXLIN

02-15-2019 08:53 PM CET | Logistics & Transport

Press release from: Kenneth Research

GLOBAL AUTOMATED MATERIAL HANDLING MARKET IS PROJECTED TO REACH

The market is projected to reach USD 37.90 billion by 2022 from 22.94 billion at 2016, at a CAGR of 8.73%, in the forecasted period. Automated material handling systems have come across many innovations, ranging from actuators to new forms to new forms of control processors.

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These innovations have enabled better performance and system utilization. Rapid progress in the manufacturing of hardware systems and control components is one of the major reasons of these advancements.

These systems are mainly about the movement, storage and handling of goods and raw materials at various stages along the supply chain.

Market Dynamics

The increased spending on research and developmental activities, M&A for new technologies, and the miniaturization of Automated Material Handling Equipment will drive the growth prospects for the global Automated Material Handling Equipment market until the end of 2021. Growing competition among the vendors is also one of the reason for growing number of investments in Research and Development. Furthermore, the increasing trend of miniaturization of Material Handling Equipment will reduce the total installation cost of the machinery. Decreased cost of machinery will further have a positive impact on the market's growth.

Market Segmentation

The automated material handling equipment market can be segmented on the basis of product, system type, software & services, function, industry, and region.

Segmentation by Product:

Robots
Automated Storage and Retrieval Systems (ASRS)
Automated Conveyors and Sortation Systems
Automated Cranes
Automated Guided Vehicles (AGV)

The robotic systems accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. Advantages such as multitasking, lifting heavy weights, efficiency, and ability to work at dangerous places are one of the major factors responsible for the market segment's growth. Also, Investments in robotic systems are increasing along with the number of innovations that will allow the manufacturers to come up with cost-effective measures in the future.

Segmentation by System Type:
Unit Load Material Handling Systems
Bulk Load Material Handling Systems

Segmentation by Software & Services Used:
Software
* Warehouse Management System
* Warehouse Control System
* Warehouse Execution System

Services
* Maintenance and Repair
* Training
* Software Upgradation

Segmentation by Function:
Storage
Transportation
Assembly
Packaging
Distribution
Waste Handling

Segmentation by Industry:
Automotive
Metals & Heavy Machinery
Food & Beverages
Chemical
Semiconductor and Electronics
Healthcare
Aviation
E-Commerce
Others (paper and printing, and textile and clothing

Segmentation by Region:
North America
Europe
Asia Pacific (APAC)

The Americas accounted for the maximum market share during 2016 and will continue to dominate the market in the forthcoming years. Some of the major factors responsible for the market's growth in the region is the rising number of online trading activities, availability of a wide number of products with less storage space and more distribution channels.

Key Players

The prominent key players in the market are:

Swisslog Holding AG, Murata Machinery USA, Inc., Siemens AG, Amazon (KIVA Systems), Buemer Group, Dematic (Kion Group AG), Flexlink, Mecalux S.A., SSI Schaefer, Intelligrated, Kardex AG, Bosch Rexroth AG

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Report Contents Regional Analysis Report Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

Read More @ https://www.kennethresearch.com/report-details/global-automated-material-handling-market/10064084

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc.), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name: David
Email: sales@kennethresearch.com
Phone: +1 313 462 0609

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