Press release
Automated Material Handling (AMH) Market Size 2021 Manufacturing Size, Share, Opportunities, Trends, Industry Expansion Strategies and Global Analysis by Forecast to 2027
The "Automated Material Handling (AMH) Market" provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the Market’s growth. The rise in the aviation sector is escalating the growth of the Automated Material Handling (AMH) Market. Increased adoption of superior technology consisting of synthetic intelligence and system learning, a developing quantity of records and growing utility of records answers through an extensive variety of ends person verticals consisting of banking, economic services, and insurance, authorities and public sector, telecommunications and IT, energy, healthcare and others are the foremost elements as a consequence of the increase of the market.The Global Automated Material Handling (AMH) Market Size is Projected to Reach at a CAGR of 12.7% during 2022-2027.
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Market Overview:
- With the increasing trend of industry 4.0, which invites collaboration between automated systems within facilities, warehouse managers are now interested in having enterprise-wide automation. They have been increasingly deploying goods with RFID tags, which increases the transparency and traceability of products. These technologies aid in the implementation of systems, such as robots and other technology to transform material handling technology.
- Since automation can be used to optimize an existing labor force, and it is capable of increasing productivity from 200% to 600%, systems (like horizontal and vertical carousels and VLMs) support flexible staffing measures, by enabling just one worker to handle the picking assignments of multiple operators.
Key players in the global Automated Material Handling (AMH) Market covered:
Daifuku Co. Ltd., Kardex Group, KION Group, JBT Corporation, Jungheinrich AG, TGW Logistics Group GmbH, SSI Schaefer AG, KNAPP AG, Mecalux SA, System Logistics, Viastore Systems GmbH, BEUMER Group GmbH & Co. KG, Interroll Group, WITRON Logistik, Dearborn Mid-West Company, KUKA AG, Honeywell Intelligrated, Murata Machinery Ltd, Toyota Industries Corporation
Recent Development:
- February 2020 - TGW Logistics Group GMBH announced that it started building a highly automated intralogistics system in Berkel and Rodenrijs for Fource. By carrying out this project, the customer will bundle its intralogistics at one location and taking an important step in optimizing the supply chain, where FlashPick is the core of the highly automated solution.
- February 2020 - TJ Morris Ltd, one of the UK`s fastest-growing and highest-rated retailers in Europe, selected WITRON to pursue its expansion strategy. The company signed the contract for the design and implementation of a 79,000 square meter, highly dynamic distribution center in Warrington (North West England). It will store 12,000 different items from the dry goods assortment.
- January 2020 - SI Schaefer and the solution provider of automatic picking and digital applications, BD Rowa, agreed to continue to collaborate. The two companies extended the corresponding contract by five more years. The aim of the cooperation is to provide customers in the healthcare sector an overall solution to prepare them for future processes, such as e-prescriptions or establishing Hub & Spoke models.
- January 2020- BEUMER offers tailor-made systems for the entire material flow chain � from receiving and unloading the delivery vehicle to storing, sampling, and conveying the materials. The system provider has now developed a screw weigh feeder suitable for a variety of materials to provide precise and controlled feeding.
Market Segmentation by Type:
Automated Storage and Retrieval System(AS/RS)
Automatic Guided Vehicle (AGV)
Conveyor & Sorter Systems
Robotic Systems
Market Segmentation by Application:
E-commerce & Retail
Food & Beverage
Manufacturing
Pharmaceutical
Airport
Others
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Key Market Trends
Airport Developments to Significantly Drive the Market Growth
- With the increasing volume of cross-border air freight dedicated to quick deliveries, the e-commerce sector is expected to boost the demand for automated material handling solutions such as tugs, ASRS, and sortation systems as heavy air freight carriers draw a considerable attention to AMH solutions.
- According to a report published by IATA in March 2019, world air cargo traffic is forecast to increase dynamically, with the annual growth rate of over 4% in the next 20 years. In that, air freight is projected to grow at a rate of 4.3% per annum.
- The North American airport industry is one of the largest airport industries in the world. It provides services to about 1,011.5 million domestic and international passengers every year. It is also home to some of the world�s biggest airports and is expected to bolster the adoption of automation, to ensure no disruptions in the business model.
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Asia- Pacific to Witness the Fastest Growth
- China has been a prominent contributor to the growth of the AMH market in the Asia-Pacific region. The increasing demand for AMH products across industries, such as manufacturing, automotive, and e-commerce, among others, is boosting the market's growth positively.
- The 2020 Beijing International Intelligent Warehousing and Material Handling Technology Expo (SMTS 2020) would be held on June 9-11, 2020, at the China International Exhibition Center in Beijing. Various new material handling equipment, such as AGV automatic guided truck, handling and conveying system, forklift, trailer, tractor, palletizing robot, and handling robot, among others, are expected to be presented at this event.
Table of Contents: Automated Material Handling (AMH) Market
- Chapter 1: outline of Automated Material Handling (AMH) marketplace
- Chapter 2: worldwide market reputation and forecast through areas
- Chapter 3: worldwide marketplace popularity and forecast by using types
- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: marketplace riding issue evaluation
- Chapter 6: market opposition reputation by major producers
- Chapter 7: essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: marketplace file end
- Chapter 11: research technique and Reference
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