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Automated Material Handling Market: Trends, Players, and Future Outlook and Forecast 2022-2031

The Global Automated Material Handling Market has experienced significant growth, reaching US$ 40.9 Bn in 2021, and is projected to expand at a CAGR of 8.3% to reach US$ 85.1 Bn by 2031. This comprehensive market research study delves into key aspects, including market size, growth trends, key players, competitive landscape, market drivers, challenges, opportunities, and future outlook.

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Market Size and Growth Trends:
The automated material handling market is fueled by the rising adoption of automated solutions in storage facilities for various sectors, such as food and beverage, fast-moving consumer goods, 3PL, retail, and courier services. The Asia Pacific region is poised for rapid growth, driven by significant investments and government support for manufacturing and industrial automation. While European countries like Germany and France offer saturated growth, Eastern Central Europe and Nordic countries present lucrative opportunities.

Market Drivers and Opportunities:
The surge in global demand for e-commerce order fulfillment, coupled with the adoption of automated material handling equipment in frozen food and cold storage, is a major driver. The 3PL sector is increasingly embracing automation to enhance efficiency in operations like picking, sorting, kitting, and assembly. Cloud-based platforms for Warehouse Management Systems (WMS) and Transportation Management Software (TMS) are gaining traction due to their scalability, functionality, and cybersecurity advantages.

Future Outlook and Recommendations:
The market is poised for continued growth, with automation playing a pivotal role in enhancing efficiency and addressing evolving industry needs. Stakeholders are advised to focus on strategic partnerships and collaborations, especially with integrators, to tap into the potential of small and medium-sized end-use manufacturers. Cloud-based WMS and TMS platforms are expected to witness increased adoption.

Analysis of Key Players
The global automated material handling industry is highly fragmented with established players having a strong hold on the market demand for material handling systems and equipment. Majority of companies are spending significantly on comprehensive research & development activities to develop fully automated, precise, and environment-friendly systems in order to boost their share in the global business.

Expansion of product portfolios and mergers and acquisitions are notable strategies adopted by the key players. Daifuku Co., Ltd., BEUMER GROUP, Dematic, ELETTRIC80 S.P.A., Fives Group, Honeywell International Inc. (Honeywell Intelligrated), Jungheinrich AG, Kardex, KNAPP AG, KUKA AG, Murata Machinery, Ltd., Blue Yonder Group, Inc., Datalogic S.p.A., Geekplus Technology Co., Ltd., GreyOrange, and Hikrobot Technology Co., Ltd. are the prominent entities operating in the automated material handling market.

Regions Covered
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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