Press release
North America Automated Material Handling Market 2022 Strategic Assessments - Dematic Corp., Bastian Solutions Inc., DMW&H, Westfalia Technologies Inc., Premier Tech Chronos
The North America Automated Material Handling Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The North America Automated Material Handling market was valued at USD 9862.34 million in 2020 and is anticipated to witness a CAGR of 7.73% over the forecast period (2021 - 2026).
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Top Leading Companies of North America Automated Material Handling Market are Dematic Corp., Bastian Solutions Inc., DMW&H, Westfalia Technologies Inc., Premier Tech Chronos, Cornerstone Automation Systems LLC, Oceaneering International Inc., Aethon Inc., OPUS Automation Inc., Creative Automation Inc., Remtec Automation, Shuttleworth LLC, Siggins, Honeywell Intelligrated, JBT Corporation and others.
Industry News and Updates
May 2018 - Bastian acquired Peach State Integrated Technologies. The acquired entity was into engineering, supply chain consulting, and material handling integration. The acquisition took place with an intent to offer its clients knowledgeable supply chain professionals and expanded network of services.
- March 2018 - Dematic launched its Robotics Center of Excellence in the United States to cater to the exceeding demands of the market through innovation. The demand in the region has been exceeding the expectations of the company and it is already 25% ahead of its plans for the country.
Key Market Trends
United States to Hold Major Share
- The United States is the most advanced economies in the world. The country's manufacturing sector, which is a huge source of demand for the AMH market, hinges on the dominant US economy, which accounts for 82% of the regions economic output.
- The country has high trading profile, coupled with highly active e-commerce sector, which increased the demand for warehouse space.
- According to CBRE, the available amount of warehouse and distribution space in the United States hit a 16-year low after a second-quarter (2017) decline in the availability rate that was triggered in a large part by the healthy economy and a slowdown in construction.
- This has created a competitive environment among all the logistics players in the country, encouraging them to either increase their warehouse establishments or increase the efficiency of current warehouses establishments by automating the operations, which contrubuted the growth of the market studied significantly.
Regional Outlook of North America Automated Material Handling Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The North America Automated Material Handling Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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