Automated Material Handling Equipment Market Growth, Size, Share and Forecast 2020-2026
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Economies such as China, Japan, and major European economies have introduced a number of automated plants in order to deliver faster and error-free delivery services. A number of companies are providing logistic solutions across the globe. Honeywell, Murata Machinery, Dematic, Daifuku, Swisslog, Knapp AG, and Jungheinrich AG are some of the global market players that are providing logistic solutions. The logistics industry is growing at an accelerated rate in the entire Asia-Pacific that further provides substantial growth in the automated material handling equipment market. For instance, in India Walmart owned Flipkart, announced setting up a 4.5 million sq. ft logistic park in Bengaluru. This large warehouse in the emerging economies such as India and China are opening several opportunities for other countries of the Asia-Pacific in the future.
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Along with Asia-Pacific, the market in North America and Europe primarily the US and UK respectively possess significant potential for technological integration and is estimated to fuel the growth of the automated material handling equipment market across the globe during the forecast period. With respect to the introduction of new technology in the market, in September 2018, an exhibition "TILOG Logistics 2018" in Bangkok, Thailand was held in order to connect companies in Asia-Pacific.
Another logistic solutions provider Daifuku which is headquartered in Japan offers automated logistic systems. It provides solutions to manufacturers such as building automated sorting technologies, factory line automation systems in automotive plants, and home delivery warehouses. As per the company, it is using Thailand as a base for the Asia-Pacific region and is strategically expanding business operations in other countries of Asia-Pacific thus creating significant growth in the market.
Global Automated Material Handling Equipment Market Segmentation
By System Type
• Automated Storage & Retrieval System (ASRS)
• Conveyor and Sortation Systems
By Product Type
• Food & Beverage
• Metals & Heavy Machinery
• Retail, Third Party Logistics, & E-commerce
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Global Automated Material Handling Equipment Market– Segment by Region
• United States
• United Kingdom
• Rest of Europe
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
• Automation Logistics Corp.
• BEMUR Group
• Daifuku Co., Ltd.
• Green Automated Solutions, Inc.
• Hanel Storage Systems
• Honeywell International, Inc.
• Hyster-Yale Materials Handling, Inc.
• IHI Corp.
• JBT Corp.
• Jungheinrich AG
• Kardex Group
• Kion Group AG
• KNAPP AG
• KUKA AG
• MECALLUX Group
• Modula, Inc.
• Murata Machinery, Ltd.
• System Logistics
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