Automated Material Handling Market will reach USD 61 billion in 2032; Size & Analysis By 2022 -2029 -Schaefer, Daifuku, Dematic, Murata Machinery, Vanderlande, Mecalux, Beumer group, Fives group, Swisslog AG, Intelligrated, Knapp, Kardex AG, TGW Logistics

The Automated Material Handling (AMH) Equipment Market size is projected to grow from USD 25.8 billion in 2022 to USD 61 billion in 2032; it is expected to grow at a CAGR of 9.7% from 2022 to 2032. The growth of the automated material handling equipment industry is driven mainly by growing demand for ASRS in the e-commerce industry due to the onset of COVID-19.

Some of the Major Key players profiled in the study are Schaefer, Daifuku, Dematic, Murata Machinery, Vanderlande, Mecalux, Beumer group, Fives group, Swisslog AG, Intelligrated, Knapp, Kardex AG, TGW Logistics, Grenzebach, Witron, Viastore, System Logistics

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Restraint: High upfront cost of AMH equipment for SMEs
Small and medium-sized enterprises (SMEs) contribute a significant share to the economic development of a country. SMEs provide necessary raw materials and components to big enterprises. Therefore, material handling operations play a key role in the supply chain of these SMEs. However, high upfront costs required for installing AMH equipment keep SMEs from fully automating their supply chain activities. Small enterprises cannot afford automated systems and, hence, opt for traditional/manual material handling processes. Some large enterprises cut down the upfront costs by renting industrial trucks, purchasing equipment on lease, or buying second-hand equipment. This is expected to hamper sales of new equipment.

Opportunity : Increasing level of order customization and personalization
As the preference for customized and personalized product orders is increasing among online buyers, e-commerce companies are finding it difficult to process complex orders through manual processes. Moreover, customers expect the delivery of these customized orders at low prices and with the same delivery speeds as regular orders. The increasing popularity of customized orders has propelled manufacturers and warehouse operators to increase the efficiency and speed of their picking and sorting processes to achieve business success. Also, manual processing of customized orders increases the probability of errors due to the added complexity. AMH systems such as robotic pickers, ASRS, AGV, automated sorters, and conveyors can help handle customized orders at a faster rate, along with reducing error rates to a great extent.

By Product
Robots
ASRS
Conveyors & Sortation Systems
Cranes
WMS
AGV
By System Type
Unit Load Material Handling
Bulk Load Material Handling
By Vertical
Automotive
Metals & Heavy Machinery
Food & Beverages
Chemicals
Healthcare
3PL
Semiconductors & Electronics
Aviation
E-Commerce
Others

Recent Developments
In December 2021, KION Group opened a new forklift truck plant in China to offer supply chain solutions. The plant has a total volume of around 140 million for future production of industrial trucks and supply chain solutions in Jinan.
In August 2021, Toyota Material Handling Japan launched a SenS+ operation assist system that detects and distinguishes pedestrians and objects behind the forklift and automatically controls the speed of travel and stops the backward motion of the truck.
In February 2021 daifuku and AFT industries partnered to leverage the material handling expertise of both companies in the automotive industry. Daifuku and AFT will be mutually benefited as a way globally to open channels and secure growing demand and investments from automotive manufacturers in material handling systems.

Global Automated Material Handeling Market Segmentation:

Automated Material Handeling Segmentation by Type:

Automated Storage & Retrieval Systems, Automated Conveyor & Sortation Systems, Automated Guided Vehicle Systems, Robotic Systems.

Automated Material Handeling Segmentation by Application:

E-commerce & Retail, Food & Beverage, Manufacturing, Pharmaceutical, Airport

Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Global Automated Material Handeling market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global Automated Material Handeling market, the years measured and the study points.

Company Profile: Each Firm well-defined in this segment is screened based on a products, value, SWOT analysis, their ability and other significant features.

Manufacture by region: This Global Automated Material Handeling report offers data on imports and exports, sales, production and key companies in all studied regional markets

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Global Automated Material Handling Market Dynamics

Key Market Drivers
With the COVID-19 adversities facing a reduction, the key players are the key market drives as the businesses are currently adapting to the increased need for advanced technologies to grow the Automated Material Handling Market potential. The post-COVID-19 outbreak blooms the e-commerce industry as unprecedented growth has been witnessed in the level of online shoppers. Many consumers preferred to do online shopping due to the enforcement of lockdowns and social distancing norms of the COVID-19 pandemic. As a result, the business-to-business (B2B) e-commerce and business-to-consumer (B2C) sales have taken over the global automated material handling market. The online sales of household goods, pharmaceuticals, food, etc., have increased B2C sales.

However, the immense growth in the e-commerce industry has pressurized the whole delivery system as a massive number of goods need to deliver within a limited time. Therefore, automation in material handling facilities has been adopted by e-commerce companies. This system has helped the e-commerce companies effectively to fulfill the increasing demand of the consumers efficiently.

Opportunities for the Global Market
With the high preference for personalized and customized product orders, the system as an online service market growth is expected to boost on a larger scale. It became complicated for the e-commerce companies to process complex orders through manual processes to meet the customers' demand over the low prices with the fast delivery. The growing popularity of customized orders has driven the warehouse operators and manufacturers to increase the overall processes' speed and efficiency to achieve their goal.

The high adaptations of the online services that need system service to function provide some noticeable growth potential to the overall global market. The Automated Material Handling (AMH) system has features like AGV, automated sorters, conveyor systems, robotic pickers, and ASRS that can help handle the customized orders at a faster rate with delimiting the error rate.

Market Restraints
The small and medium-sized enterprises (SMEs) offer the necessary raw materials to big enterprises and contribute a larger market share to the country's economic development. Thus, the material handling operations work as an essential part of the supply chain of SMEs. Still, the high upfront cost for installation of the material handling equipment might be restraints for the automation market's global growth. Many small enterprises prefer traditional or manual material handling process as they cannot afford automated systems. Moreover, some large enterprises have adopted renting industrial trucks, buying second-hand equipment, or purchasing equipment on lease to upfront costs.

The Automated Material Handling Market report explains that the key players are handling the manufacturing and promoting aspects of the automated handling equipment to ensure that more people prefer cost-effective products to eradicate the only restraint in the market. Hence, it will help with an overall increase in the global sales rate.

Market Challenges to Overcome
Companies' overall earnings can have a severe impact due to the failure or breakages of the material handling automation equipment as it delays the entire production process and experiences production loss. The food and beverages, automotive, and metals, and heavy machinery companies require investing more in preventive maintenance of their automated handling equipment to ensure equipment's smooth functioning.

The report explained that the key players are trying to cope with the challenges to overcome the situation and have picked up the pace for increasing the supply rate to reach the enhanced demand rate.

Cumulative Growth Analysis
As per the Automated Material Handling Market analysis, in terms of growth is concerned, the predicted market size is expected to experience more than 8.50% CAGR growth in the current forecast year 2030.

To give it exact figures, the Automated Material Handling Market size in 2021 was USD 43.6 billion, which is expected to grow up to USD 67.2 billion by the end of the forecast years by 2030.

Value Chain Analysis
During the forecast period, the global Automated Material Handling Market is increasing its market value and market growth. The global market has maintained its stability over the previous periods, and in the future, it has aimed to achieve its targeted audience. Thus, the key drivers have contributed to all the regions with the best automated material handling (AMH) equipment and developing its market value and size.

The report explains that the COVID-19 outbreak has gradually impacted the material handling equipment market's value chain. The industries of aviation, automotive, and metal and heavy machinery have witnessed a low demand over its sales, which are expected to grow in the forecast period.

Segmental Overview of the Market

By Operation
According to the segmental classification, the Automated Material Handling Market has various operations such as assembly, waste management, packaging and distribution, storage, and transportation.

The report mentions that the automated market's segmental operations have their functions and features, which help generate market value worldwide.

By Application
According to the segmental classification, the Automated Material Handling Market has various applications, including healthcare, chemicals, automotive, foods and beverages, aviation, electronics, e-commerce, semiconductors, etc.

The report explains that material handling in various applications has brought a revolution in the global market. To meet the consumer's demand, the global market requires more key players to explore their products.

Based on Software and Services
Based on the segmentation, the Automated Material Handling Market has various software and services like warehouse management system (WMS), Transportation management system (TMS), Maintenance and repairs, training, and software up-gradation.

By Automated Equipment
The global market has automated equipment such as automated storage and retrieval system, robotics system, conveyors, automated guided vehicles, and automated cranes based on segmentation.

Regional Analysis

Based on the regional analysis, the Automated Material Handling Market is widely spread across various regions of the globe. Some of the top-performing areas worldwide are North America, Europe, Asia-Pacific, and The Middle East & Africa.

Out of all the continents, Asia-Pacific has domination by giving maximum profit to the Automated Material Handling Market as the demand rate is considerably growing in this region.

Competitive Landscape

The key players of Automated Material Handling Market are:

Swisslog AG (Switzerland)
Kardex (Switzerland)
Intelligrated (U.S.)
Murata Machinery (Japan)
Mecalux (Spain)
Schaefer Holding International (Germany)
Daifuku Co. Ltd (Japan)
Dematic (U.S.)
Vanderlande Industries (U.S.)
BEUMER Group (Germany)

Table of Contents

Global Automated Material Handeling Market Research Report 2022 - 2029

Chapter 1 Automated Material Handeling Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Automated Material Handeling Market Forecast

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