Automated Material Handling Market Growth Analysis | Industry Leaders are Schaefer Holding International (Germany), Daifuku Co. Ltd (Japan), Dematic (U.S.), Murata Machinery (Japan), Mecalux (Spain) and Vanderlande Industries (U.S.)

Automated Material Handling Market Research Report- Forecast till 2027

Market Highlights

The recent report by Market Research Future (MRFR) states that the global market is slated to acquire a significant market valuation at a moderate CAGR over the review period.

Drivers and Restraints

The technology is comparatively newer and is likely to gain traction over the next couple of years. The market is also projected to acquire a decent valuation by the end of the review period. It is expected to witness high demand in the years to come. The expansion of the manufacturing industry is likely to propel the expansion of the automated material handling market in the foreseeable future. Also, its rising application over sectors such as automotive, healthcare, among others, is anticipated to open growth opportunities for the market players during the assessment period.

Technological advancements are poised to have an important role to play in the growth of the automated material handling market over the evaluation period. In addition, the increasing adoption of technologies such as IoT, IIoT, among others, is projected to drive the growth rate of the market in the nearby future.

The governments are supporting the adoption of advanced technologies across industrial domains. This, in turn, is expected to catapult the automated material handling market on a rising trajectory. In addition to these factors, the rising inclination towards the adoption of Industry 4.0 is also predicted to favor the growth trajectory of the global market over the next couple of years. On the other hand, the price of the installation of these machines is too high, which can act a challenge to the market players of the global automated material handling market.

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Segmentation:

Based on the operation, the global automated material handling market has been divided into assembly, storage & transportation, packaging & distribution, waste management, and others.

Based on the software and services, the segmental analysis of the automated material handling market is bifurcated into Software (WMS- Warehouse management system and TMS- Transportation management system), and Services- (training, maintenance & repairs, and software up-gradation.

The global automated material handling market, on the basis of the application, has been segmented into healthcare, automotive, chemicals, foods & beverages, aviation, semiconductors and electronics, e -commerce, and others.

Based on the automated equipment, the automated material handling market has been segmented into automated guided vehicles, automated storage and retrieval system, automatic cranes, robotics systems conveyors, and others.

Regional Analysis

The geographical analysis of the global market has been conducted in four major regions, specifically the North America, Asia Pacific, Europe, and the rest of the world (including Latin America and the Middle East and Africa). The Asia Pacific is leading the global market on account of rapid industrialization and urban migration. In addition, factors such as low labor costs and supportive regulations have attracted capital by global leaders for setting up production units in the region. This, in turn, is expected to boost the growth pattern of the automated material handling market over the next couple of years. In addition to these, the expansion of end-user industries is also slated to motivate the development of the regional market in the coming years.

Competitive Analysis

The major market players identified by MRFR in the global market are Schaefer Holding International (Germany), Daifuku Co. Ltd (Japan), Dematic (U.S.), Murata Machinery (Japan), Mecalux (Spain), Vanderlande Industries (U.S.), BEUMER Group (Germany), Swisslog AG (Switzerland), Kardex (Switzerland), Intelligrated (U.S.) among others.

Characterized by the presence of numerous major well-established players, the in-vehicle surveillance video Market appears to be highly competitive. Well established players incorporate collaboration, acquisition, partnership, expansion, and technology launch in order to gain a competitive advantage in this market and to uphold their market position. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period.

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Global Automated Material Handling Market Information, by Operation (Packaging & distribution, storage & transportation), by Software & Services (WMS, TMS, training), by Application (Automotive, healthcare, e-commerce), by Automated Equipment (AGV, ASRS) - Forecast 2016-2027

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This release was published on openPR.