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Automated Material Handling Equipment Market SWOT Analysis, Business Growth Statistics With Key Players Insights By 2032
Automated Material Handling Equipment Market
Automated Material Handling Equipment Market Size, Growth Rate, And Forecast
The global automated material handling equipment market size is expected to grow from $34.65 billion in 2022 to $37.64 billion in 2023 at a compound annual growth rate (CAGR) of 8.61%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automated material handling equipment market is expected to reach $48.98 billion in 2027 at a CAGR of 6.81%.
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Automated Material Handling Equipment Market Drivers
The rising e-commerce is driving the automatic material handling equipment market. The purchasing and selling of products and services, or the sending of money or data, through an electronic network, typically the internet, is known as e-commerce. The e-commerce sector is rising due to changes in consumer preference, increased convenience, and personalized experience. The automatic material handling equipment provides convenience in good packaging and manages the supply chain ecosystem.
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Automated Material Handling Equipment Market Segment
1) By Product: Robot, ASRS, Conveyors And Sortation Systems, Cranes, WMS, AGV
2) By System Type: Unit Load Material Handling, Bulk Load Material Handling
3) By Vertical: Automotive, Metals And Heavy Machinery, Food And Beverages, Chemicals, Healthcare, 3PL, Semiconductors And Electronics, Aviation, E-Commerce, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automated Material Handling Equipment market.
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Automated Material Handling Equipment Market Key Players
Major competitors in the Automated Material Handling Equipment market include Daifuku Co Ltd., Toyota Industries Corporation, Kion Group AG, Honeywell International Inc., Fritz Schäfer GmbH, The Beumer Group GmbH & Co KG, Cargotec Oyj, John Bean Technologies Corporation, Murata Machinery Ltd
The Table Of Content For The Automated Material Handling Equipment Market Include:
1. Executive Summary
2. Automated Material Handling Equipment Market Characteristics
3. Automated Material Handling Equipment Market Trends And Strategies
4. Automated Material Handling Equipment Market - Macro Economic Scenario
5. Automated Material Handling Equipment Market Size And Growth
……
27. Automated Material Handling Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automated Material Handling Equipment Market
29. Automated Material Handling Equipment Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Automated Material Handling Equipment Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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