Press release
Automated Material Handling Solutions Market to Cross US$ 43.8 Bn at a 14% CAGR through 2031
Automated Material Handling Solutions Market 2022
The global automated intralogistics material handling solutions market is currently valued at around US$ 43.8 Bn. Sales of automated intralogistics material handling solutions are projected to increase at 14% CAGR through 2031. Product portfolio diversification and customization with long-term supply contracts with rental providers, distributors, as well as direct end users are prominent trends across this landscape. The market in Europe is slated to surge at around 16.2% CAGR over the decade.
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Key Companies
• Linde Material Handling
• Dematic
• Jungheinrich AG
• Daifuku Co., Ltd.
• Toyota Industries Corporation
• Mitsubishi Logisnext Co., Ltd.
• Mecalux SA
• Fives Group
• Godrej & Boyce Mfg. Co. Ltd.
• SSI SCHAEFER
• Nexon Automation
• Hannibal Industries
• Conveyco
• KÖHL Maschinenbau AG
• Hans Turck GmbH & Co. KG
• CIMCORP
• Berghof Automation GmbH
• HUBTEX Maschinenbau GmbH & Co. KG
• NIEROS Metal Tovarna opreme d.o.o
• Rofa Industrial Automation Group
• Addverb Technologies Private Limited
Intralogistics is the process of managing and moving materials within a company. This can include the handling of raw materials, work-in-process inventory, and finished goods. Intralogistics systems are used to move these items quickly and efficiently, usually through a warehouse or manufacturing facility.
Intralogistics material handling solutions are systems that automate the movement of materials within a company. These systems can include conveyor belts, robotics, and automated storage and retrieval systems (ASRS). Automated intralogistics solutions can improve efficiency and accuracy within a company, and can help to reduce costs.
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The global market for automated intralogistics material handling solutions is expected to grow at a compound annual growth rate (CAGR) of 9.7% from 2017 to 2021. The Asia-Pacific region is expected to be the fastest-growing region during this time period. The key drivers of this growth are the increasing demand for automation in warehouses and factories, and the growing popularity of e-commerce.
Automated Material Handling Solutions Market by Segmentation -
Automated Material Handling Solutions Market By Automation Type - In-built Machinery, Remote-operated
Automated Material Handling Solutions Market By Equipment Type - Conveyor Systems, AGVs, AMR Robots, Robotic Stations, Picking & Sortation Systems, Stacker Cranes, Racking Systems, Palletizing Robots
Automated Material Handling Solutions Market By Application - Storage ( Mobile Racking Systems, Flow Racking Systems, Compact Storage Systems, Cantilever Racking System, FIFO Racking Systems, Multi-tier Storage Systems, Slotted Angle Racking Systems, Very Narrow Aisle Racking Systems, Palletizing Racking Systems), Dispatch, Sorting & Conveying
Automated Material Handling Solutions Market By End-use Sector - Manufacturing( Automotive, Tires, Chemicals, Pharmaceuticals, Textile, Food & Beverages, Consumer Goods, Others), e-Commerce, Retail FMCG Storage and Distribution, 3PL, Cold Chain Storage, Couriers & Parcels
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Key Questions Answered in Report -
• How much is the automated intralogistics material handling solutions market valued at currently?
• At what CAGR did demand for automated intralogistics material handling solutions increase over the past 5 years?
• What will be the demand outlook through 2031?
• How is the North America market expected to fare through 2031?
• What are the key trends being witnessed in this marketplace?
• What is the market share of the top 5 providers of automated intralogistics material handling solutions?
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