Press release
Global Automated Material Handling Market: How the Business Will Grow by 2026? Siemens, Vanderlande, Honeywell, Dematic, Bastian Solutions, Jungheinrich AG, Daifuku America, KNAPP AG, Mecalux Warehouse Solutions, KUKA AG, And others
Automated Material Handling Market
This Automated Material report predicts the Automated Material market to advance as one of the most profitable verticals, generating massive revenue by the end of the forecast years, exhibiting a sizable growth rate over the calculated duration. The opportunities for growth and expansion that are prominent in the sector as well as geographical coverage of the industry have also been examined in this Automated Material report.
Global automated material handling market is projected to register a CAGR of 7.9% in the forecast period of 2019 to 2026.
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Automated Material Handling are electrical components or systems that are installed for convenience and reduction of human contact which in turn, reduces the chances of errors. These machines or systems are installed for transportation of materials from one place to another, sorting of the materials and storage in their proper shelves. It refers to any automation that reduces or eliminates the need for humans to check-in, check-out, sort material, or to move totes and bins containing library material.
Key Players of Automated Material Handling Market
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.
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.
Product Launch
In April 2019, the company designed, manufactured and installed high temperature mesh belt floor conveyor which is ideal to be used in drying ovens and tunnel ovens. Such new launches will help the market to grow in future. In September 2018, Dematic announced the release of a freezer-rated narrow aisle reach AGV, which is designed to operate autonomously in chilled and freezer environments, it can operate at temperatures down to -10°F as low as -20°F. In June 2018, SmartLine Cross Transfer a new product is added to the Advance SmartLine range. This product is specially designed to utilise the transfer of SmartLine tote and carton handling.
Key Segmentation of Global Automated Material Handling Market
Global Automated Material Handling Market By Offering (System, Software, Services), System Type (Bulk Load Material Handling Systems, Unit Load Material Handling Systems), Function (Storage, Transportation), Industry (Automotive, Semiconductor and Electronics, Metals and Heavy machinery, Pharmaceuticals, Food and Beverages, Retail, Construction, E-commerce, Chemicals, Paper, Others), Geography (North America, South America, Europe, Asia-Pacific and Middle East & Africa) – Industry Trends and Forecast to 2026
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In November 2018, EDEKA Handelsgesellschaft Nord mbH expands logistic centre with WITRON. The new logistic centre in Zarrentin will be having two additional COMs (Case Order Machines) from WITRON, during ongoing operations. Modular extensibility is the key aspect for which this expansion will be carried out. In June 2018, KNAPP AB opened new central warehouse for Atea. Atea is the leading Nordic and Baltic supplier of IT infrastructure. It will be used for picking, distribution in the production area. This new plant is fully automated with OSR Shuttle solution. In April 2019, MECALUX, S.A. has Expanded More than +15,000 locations in the new Fruveco warehouse in Spain. The company Fruveco a frozen vegetable producer has chosen Mecalux once again to carry out the ambitious logistics project. As this will help in organizing stocks automatically. The chambers will be comprised of 8 to 14 pallet-deep blocks of racks with the automatic Pallet Shuttle hence this will help in arranging and managing the products. Overall, WMS will manage 15,931 storage locations.
In October 2018, WITRON logistic awarded the contract to design and construct the new “National Logistics Center” in Nieuwegein by company Jumbo Supermarkten BV. The Jumbo Supermarkets is the second largest grocery retailer in the Netherlands. The WITRON is going to do the entire planning and implementation of all IT, control and mechanical components. This system will supply around 12,000 different dry goods assortment items to all Jumbo branches and sales channels.
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