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Booming E-Commerce Industry Driving Demand of US$ 91 billion for Automated Material Handling Equipment: Fact.MR Report

11-09-2022 01:42 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Booming E-Commerce Industry Driving Demand of US$ 91 billion

Sales of automated material handling equipment are projected to expand at a CAGR of 7% from 2022 to 2032, as per industry analysis by Fact.MR, a market research and competitive intelligence provider.

A product life cycle includes several processes, from product creation to product delivery to end users or customers, with material handling and automation required at each stage. Automated material handling equipment comprises any automation that minimizes or eliminates the need for human intervention throughout the product production process, resulting in increased efficiency.

Moreover, the demand for automated material handling equipment is predicted to grow at a rapid pace over the forecast period due to the expanding e-commerce industry. With more individuals flocking to online shopping, constantly changing customer expectations, and intense competition among online retailing organizations, there is an increasing demand for precise, fast, and effective customer service for delivering purchased products.

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Logistics and supply chain management are critical components in many industries, improving business performance. It also allows suppliers to optimize inventories, control cash outflow, and increase the effectiveness of processes in order to develop their business activities. In this situation, automated material handling equipment is being installed in manufacturing facilities and warehouses to minimize labor costs and downtime, efficiently boost production, transportation, and distribution, and provide an early return on investment.

Furthermore, the incorporation of modern technologies such as SLAM (simultaneous localization and mapping), artificial intelligence (AI), and the Internet of Things (IoT) has ushered in a new era of progress and transformation in the automated material handling equipment market.

Key Takeaways from Market Study

• The automated material handling equipment market is valued at US$ 46 billion in 2022.
• The market is anticipated to hit US$ 91 billion by the end of 2032.
• Demand for automated material handling equipment in Asia Pacific reached US$ 19 billion in 2021.
• The European market is expected to increase at a CAGR of 8% from 2022 to 2032
• The North American market is likely to progress at a CAGR of 6% from 2022 to 2032

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Key Segments of Automated Material Handling Equipment Industry Research

• By Product Type :

• Robots
• Automated Storage & Retrieval Systems (ASRS)
• Conveyors & Sortation Systems
• Cranes
• Other Product Types

• By System :

• Unit Load Material Handling Systems
• Bulk Load Material Handling Systems

• By Function :

• Storage
• Transportation
• Distribution
• Packaging
• Assembly
• Waste Handling

• By End Use :

• Automotive
• Metals & Heavy Machinery
• Food & Beverages
• Chemicals
• Semiconductors & Electronics
• Healthcare
• Aviation
• e-Commerce
• Other End Uses

• By Region :

• North America
• Latin America
• Europe
• APAC
• MEA

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Table of Content

1. Executive Summary

1.1. Key Findings

1.1.1. Overall Automated Material Handling Equipment Market
1.1.2. Segment Overview
1.1.3. Regional Overview
1.1.4. Competitor's Focus
1.1.5. Consumer's Perception

2. Market Overview

2.1. Introduction and Definition
2.2. Research Scope

3. COVID 19 Impact Assessment

3.1. Demand in Automated Material Handling Equipment Market
3.1.1. Global Automated Material Handling Equipment Market Quarterly Market Value Analysis (US$ Mn), 2021
3.1.2. Global Automated Material Handling Equipment Market Value Y-o-Y Growth Pre and Post Crisis Projection

4. Market Background

4.1. Country wise Market Attractiveness Index
4.2. Automated Material Handling Equipment Market Scenario-based Forecast
4.3. Value Chain Analysis
4.3.1. List of Manufacturers
4.3.2. List of Online Retailers

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About Fact.MR

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.

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