Press release
India Automated Material Handling (AMH) Market Market 2022 Strategic Assessments - Daifuku India Private Limited (Incl. Vega Conveyors & Automation), Space Magnum Equipment Pvt. Ltd
The India Automated Material Handling (AMH) Market 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 India Automated Material Handling (AMH) Market is expected to register a CAGR of 6.86% over the forecast period from 2022 to 2027.
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Top Leading Companies of India Automated Material Handling (AMH) Market Market are Daifuku India Private Limited (Incl. Vega Conveyors & Automation), Space Magnum Equipment Pvt. Ltd, Godrej Consoveyo Logistics Automation Ltd (GCLA), Kardex India Storage Solutions Private Limited, Armstrong Ltd., Falcon Autotech Private Limited, GreyOrange Pte. Ltd., Addverb Technologies Inc., Hinditron Group, The Hi-Tech Robotic Systemz Limited, Bastian Solution Private Limited and others.
Industry News and Updates
April 2022 - Godrej Material Handling has announced its foray into the 3-wheel electric forklift truck segment. The company has launched the latest three-wheel electric variant of its Bravo Forklift Truck for the 1.6 to 2-tonne category. The Bravo has been wholly produced in India to reach the Indian market space's needs with an R&D effort of two years. It is compact and offers one of the fastest travel speed of 15 km/hr in the category.
- January 2022 - Daifuku India received the SCALE 2019 Award for the best company in the 'Intra-Logistics Automation' category presented by the Confederation of Indian Industries (CII). SCALE (Supply Chain & Logistics Excellence) Award is an initiative by CII's Institute of Logistics to acknowledge the innovative ideas and excellence of companies in the supply chain and material handling domain.
Key Market Trends
Retail/Warehouse/Logistics Center is Expected to Hold Significant Share
- The Indian retail industry has developed into one of the most dynamic and fast-paced sectors due to several new players' entry. It accounts for over 10% of the country's GDP and around 8% of the employment ratio. India is the world's fifth-largest global destination in terms of retail space. The country is expected to become the world's fastest-growing e-commerce market, where e-commerce sales are expected to reach USD 120 billion by 2022. Furthermore, India's e-commerce market is expected to reach USD 220 billion, in terms of the gross merchandise value (GMV), and there are expected to be about 530 million shoppers, by 2027. In February 2019, the Indian Government released the Draft National E-Commerce Policy, which encourages FDI in the marketplace model of e-commerce.
- Digitization is also expected to drive e-commerce. With an increase in the number of supermarkets and hypermarkets in cities and the rising real estate costs in urban regions, they are forcing the warehouses and distribution centers to opt for automation, stay competitive, and cut the costs incurred by prolonged storage. According to the IBEF, the Indian e-commerce market is expected to grow to USD 200 billion by 2026 from USD 38.5 billion as of 2017. There is a rising demand for international brands and better-quality different products among digitally connected Indian shoppers owing to increasing income levels and awareness.
Regional Outlook of India Automated Material Handling (AMH) Market 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 India Automated Material Handling (AMH) Market 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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