Automated Material Handling Equipment Market Share, Growth by Top Company, Region like Fives, Jungheinrich, Kion Group, kuka, Daifuku, Hanwha, Toyota Industries

Owing to the fact of growth in automotive, e-commerce, logistics, and other industries such as retail, chemicals, metal & heavy machinery industry and many more are booming with an increase in the economy of countries. The growth in respective industries implement and uses automation in their facilities to make the process error-free and to have higher efficiency. Especially in manufacturing and warehouses, automation plays a vital role which helps in the growth of automated material handling equipment market. The e-commerce industry is experiencing a huge demand due to high income of individuals and availability of wide-range of products in a single window. These factors drive the e-commerce industry which eventually grow the market of automated material handling equipment as the e-commerce requires automation in their respective facilities. Use of robots, automated guided vehicles, and automated storage systems.

The key players operating in the automated material handling equipment market includes Fives, Jungheinrich AG, Kion Group AG, Kuka AG, Daifuku Co., Ltd., Hyster-Yale Materials Handling, Inc., BEUMER Group GmbH & Co. KG, Hanwha Corporation, John Bean Technologies Corporation, and Toyota Industries Corporation.

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Global automated material handling equipment market is expected to grow from US$ 28,643.4 Mn in 2017 to US$ 51,219.6 Mn by 2025 at a CAGR of 7.6% between 2018 and 2025.

Automated Material Handling Equipment market is experiencing a high growth throughout the globe, driven by growth in automotive, e-commerce, logistics, and followed by aerospace among others. Development in the e-commerce industry with the help of automation has made all processes error-free. With an increase in the number of orders, the volume of shipment and deliveries has also increased.

The global automated material handling equipment market is segmented on the basis of industry which is fragmented into automotive, electronics, food & beverage, e-commerce, aerospace, logistics, pharmaceuticals, and others which includes metal & heavy machinery, chemicals, and retail. The automotive industry is leading the market for automated material handling equipment followed by e-commerce and logistics. In a current scenario, automotive industry holds a high market share owing to the fact of increase in the level of income and better standard of living. However, aerospace is growing at a highest CAGR and is anticipated to dominate the market by 2025.

Automated Material Handling Equipment market operates in a highly fragmented industry with large number of local players capturing market place. Key players in the market are collaborating with other providers of automated material handling equipment to gain high market share.

The report segments the global automated material handling equipment market as follows:

Global Automated Material Handling Equipment Market - By Product

Robots

Fixed Robot
Articulated
Cylindrical
SCARA
Parallel
Cartesian

Mobile Robot

Automated Storage & Retrieval System

Unit Load
Mini Load
Vertical Lift Module
Carousel
Mid Load
Auto Store

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