Press release
Automated Material Handling Market Forecast by Regions, Dynamics, Development Status and Outlook 2030
The Automated Material Handling (AMH) market industry is projected to grow from USD 40.2 billion in 2022 to USD 87.4 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.2% during the forecast period (2022 - 2030).
Key Companies in the Automated Material Handling (AMH) market include
• Schaefer Systems International Pvt Ltd
• Daifuku Co. Ltd
• Dematic
• Murata Machinery, Ltd.
• Mecalux, S.A.
• Vanderlande Industries B.V.
• BEUMER Group
• Swisslog AG
• Kardex
• Honeywell Intelligrated
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Key Market Drivers
• E-commerce Expansion: The exponential growth of online retail has fueled the demand for AMH solutions to handle the increased volume of orders and meet customer expectations for fast delivery.
• Labor Shortages: The shortage of skilled labor in logistics and manufacturing sectors has accelerated the adoption of automated solutions to fill the gap and improve operational efficiency.
• Safety and Ergonomics: AMH systems reduce manual handling tasks, leading to improved workplace safety and reduced risk of injuries among workers.
• Optimization of Space: Automated systems optimize storage space by utilizing vertical storage solutions and intelligent algorithms for inventory management.
• Cost Savings: While initial investments in AMH systems can be significant, the long-term cost savings through improved efficiency, reduced labor costs, and minimized errors are compelling benefits.
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Types of Automated Material Handling Systems
• Conveyor Systems: These systems utilize conveyor belts to transport goods within a facility, offering continuous and efficient material flow.
• Automated Guided Vehicles (AGVs): AGVs are autonomous vehicles that navigate predefined paths to transport materials, enhancing flexibility and scalability.
• Robotic Systems: Robotic arms and pick-and-place robots automate tasks such as palletizing, sorting, and packaging, increasing speed and accuracy.
• Warehouse Management Software (WMS): WMS integrates with AMH systems to optimize inventory, track shipments, and streamline order fulfillment processes.
• Automated Storage and Retrieval Systems (AS/RS): AS/RS utilize vertical storage solutions, such as pallet racks and shelving systems, with automated retrieval mechanisms for efficient storage and retrieval of goods.
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Market Trends and Innovations
• Integration of AI and Machine Learning: AI-powered algorithms enhance predictive maintenance, route optimization for AGVs, and adaptive decision-making in material handling processes.
• Collaborative Robotics: Collaborative robots (cobots) work alongside human workers, improving efficiency in tasks that require human-robot collaboration, such as order picking.
• IoT and Connectivity: IoT-enabled sensors and devices provide real-time data analytics, enabling proactive maintenance, inventory visibility, and operational insights.
• Cloud-Based Solutions: Cloud-based WMS and AMH platforms offer scalability, remote monitoring, and seamless integration with other enterprise systems.
• Sustainability Focus: AMH systems designed for energy efficiency, waste reduction, and recyclability align with sustainability initiatives and reduce environmental impact.
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