openPR Logo
Press release

Automated Material Handling Equipment Market to Reach $39,060 Million Globally, by 2022

06-01-2017 09:24 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Automated Material Handling Equipment Market- AMR

Automated Material Handling Equipment Market- AMR

A new report published by Allied Market Research, titled, Automated Material Handling (AMH) Equipment Market: Global Opportunity Analysis and Industry Forecast, 2014 - 2022, projects that the global automated material handling equipment market size is expected to reach $39,060 million by 2022. Robotic systems dominated the global market in 2015, and is expected to maintain this trend from 2016 to 2022. Europe is expected to dominate the market throughout the forecast period due to increase in demand for automated technologies in manufacturing industries.

Automated material handling equipment (for example robotics systems) witnessed a higher demand owing to increased need for automation in industries, such as e-commerce, automotive and food & beverages due to reduced operational costs, improved supply chain process, and reduced labor costs. Moreover, technological advancements such as the introduction of vision guided navigation technology, which allows the vehicle to follow the route without any human intervention, has further strengthened the market growth for automated transport equipment. In addition, the demand for energy efficient and eco-friendly robotics systems are expected to increase the demand for automated material handling equipment. However, high initial installation costs of such systems could hamper their market growth.

Request Sample PDF@ https://www.alliedmarketresearch.com/request-sample/1804

Major types of automated material handling equipment sought by the customer industries include automated guided vehicles, automated storage & retrieval systems, automated crane, robotics systems, and automated conveyor & sortation systems. Robotics systems constitute the highest market share of 30.7% in 2015 owing to high accuracy, superior efficiency, and reduction in product damage offered by pick and place robot systems. Automated conveyor systems accounted for one fifth of the market share in 2015, and is likely to reach $7,596 million by 2022 at a CAGR of 6.5%.

Automated materials handling systems are used in various applications such as assembly, transportation, distribution, storage, and waste handling. Among these, storage application accounted for the largest market share in material handling equipment industry accounted for around 26.2% market share in 2015. Storage systems are space efficient, increases storage capacity, and improves inventory control system.
Based on system type, the AMH equipment market is divided into unit load material handling system and bulk load material handling system. Unit load material handling system accounted for the largest share of more than 63% in 2015 as this system is easy to install and provides high return on investment.

For more information - Connect @ https://www.alliedmarketresearch.com/automated-material-handling-equipment-market

Among the major industry verticals, the automated materials handling systems find widespread usage in the automotive industry. Automotive industry accounted for more than 26% share of the global market in 2015 owing to increased automobile production in China, Japan, and India. This segment is estimated to witness significant growth during the forecast period due to improving production processes, lowering labor intensity, and timely delivery of materials.

Software component is projected to grow rapidly, registering a CAGR of 8.2% during the forecast period due to increased usage of warehouse control system as it reduces the rate of missing stock, improve handling rates, and maintain high service level. Market players offer wide variety of software and control systems, effective for warehouse and manufacturing facilities. For instance, Daifuku Co. Ltd. introduced warehouse control system that provides high efficiency and accuracy.

Europe region accounted for the maximum market share in 2015, and is expected to maintain its lead throughout the forecast period. This is attributed to heavy investment by automotive and food & beverage industry players in automation. LAMEA region has exhibited significant growth due to rapid industrialization. Especially, emerging countries such as Brazil facilitates the market growth.

Do online purchase inquiry here @ https://www.alliedmarketresearch.com/purchase-enquiry/1804

Key findings of the study:
• In 2015, robotics system accounted for the maximum market revenue, and is projected to grow at a CAGR of 8.4% during the forecast period.
• E-commerce industry segment is expected to grow at a significant CAGR of 8.0%, owing to increased use of automated guided vehicles for order fulfilment.
• Packaging application segment is anticipated to be the fastest growing segment in automated material handling equipment market during the period from 2016 to 2022.
• Germany is the major shareholder in the Europe automated material handling equipment industry, accounting for around 35.2% share in 2015.

The automated material handling manufacturing industries have focused to expand their business operations in the emerging countries by adopting various strategies, such as acquisition and contact/agreement. They have focused on designing modular automated material handling equipment to meet the demand for flexibility of the customers. The major players profiled in this report include Daifuku Co. Ltd., Siemens AG, Bosch Rexroth, Murata Machinery Ltd., Swisslog Holding AG, SSI Schaefer AG, Dematic Group S.A.R.L, Toyota Industries Corporation, JBT Corporation, and Bastian Solutions, Inc.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Contact Us:

Dhananjay Potle
5933 NE Win Sivers Drive
#205, Portland, OR 97220 United States
Direct: +1-503-894-6022
Toll Free: +1 (800) 792-5285 (U.S. & Canada)
Fax: +1 (855) 550-5975
E-mail: sales@alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automated Material Handling Equipment Market to Reach $39,060 Million Globally, by 2022 here

News-ID: 559606 • Views: 2624

More Releases from Allied Market Research

Kinesio Tape Market to Experience Exponential Growth during forecast period 2020 …
According to a new report published by Allied Market Research, titled, "Kinesio Tape Market by Type (Precut Strips, Single Rolls, Bulk Rolls, and Others), by Application (Rehabilitation, Alignment, Pain Management, and Others), by Distribution Channels (Franchised Store, Supermarket, On-line Shop, Sport Team, and Clinical), and by End User (Hospitals, Rehab Centers, Professional Athletes, and Others) - Global Opportunity Analysis and Industry Forecast, 2021-2028" The Global market size of Kinesio Tape is
Cough Remedies Market Analyzed by Top 5 Key Players by Size, revenue and Forecas …
According to a new report published by Allied Market Research, titled, "LAMEA Cough Remedies Market by Type (Antihistamines, Expectorants, Bronchodilators, Decongestants, and Antibiotics), by Dosage Form (Oral Syrups, Tablets/Pills, Nasal Drops, and Lozenges), and by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Drug Stores, Supermarkets/Hypermarkets, and e-Commerce/Online Pharmacies) - Opportunity Analysis and Industry Forecast, 2021-2028" The LAMEA market size of Cough Remedies is $XX million in 2019 with XX CAGR, and it
Latex Medical Gloves Market Expectation Surges with Rising Demand and Changing T …
According to a new report published by Allied Market Research, titled, "Latex Medical Gloves Market by Type (Examination Gloves and Surgical Gloves), Form (Powdered Form Gloves and Powder-Free Form Gloves), and by End user (Hospital, Clinic, Ambulatory Surgery Center, Diagnostic Imaging Center, and Rehabilitation Center) - Global Opportunity Analysis and Industry Forecast, 2021-2028" The Global market size of Latex Medical Gloves is $XX million in 2019 with XX CAGR, and it
Left Atrial Appendage (LAA) Closure Device Market is dominated by North America …
According to a new report published by Allied Market Research, titled, "Left Atrial Appendage (LAA) Closure Device Market by Product (Epicardial LAA Closure Device and Endocardial LAA Closure Device) and End User (Hospitals, Ambulatory Surgical Centers, and Heart Clinics) - Global Opportunity Analysis and Industry Forecast, 2021-2028" The Global market size of Left Atrial Appendage (LAA) Closure Device is $XX million in 2019 with XX CAGR, and it is expected to

All 5 Releases


More Releases for Automated

Automated Border Control (ABC) Market
Automated Border Control (ABC) Market is expected to reach 2273 Million by 2026 from 536.5 Million in 2017 at CAGR of 17.4% (Detailed analysis of the market CAGR is provided in the report). Automated Border Control Market (ABC) is an immigration control system proposed to satisfy the future border control needs of airports resulting from the rapid growth in the number of passengers worldwide. Automated Border Control Market (ABC) can
Better living through automated proctoring
In a bold move to curb cheating the Bihar school examination boards (BSEB) has banned students from entering the exam hall in shoes and socks. As over 17 lakh students sit for their board exams, at 1,426 exam centers, the decision by the BSEB to bar shoes and socks have been received with mixed reviews. Bihar has a notorious reputation of mass cheating incidents, but still, the reputation of the
Automated Data Collection Reduces Errors
Manual Recording vs Data Logger Humans make errors…it is a well-known fact. Accurate production data is of critical importance to many manufacturing companies. Quality control best practices and production traceability requires error-free data collection from many manufacturing processes including heat treat ovens and composite cold storage. Elimination of recording errors, data entry errors, and reduction of labor costs while increasing accuracy and quality of data in order to provide reporting
Automated Windows Market
Market Research Future published a research report on “Automated Windows Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Global Automated Windows Market By Product (Electric, Mechanical, Hybrid), By Component (Sensors & Detectors, Control Panels, Motors & Actuators, Switches and Others), By Application (Residential, Commercial, Industrial) & by Region - Global Forecast to 2023 Global automated windows market is predicted to grow approximately at
Automated Construction Process a Fact
ClickHome ( clickhome.com.au ) is a cutting edge software specialist in offering solutions for construction companies. For the benefit of the construction companies, Clickhome helps construction companies in having a total control over the building construction team. ClickHome ensures more accurate, faster and a streamlined flow of information between traders, builders and suppliers. The Clickhome building construction software helps in significant reduction of paper work and aids builders to spend
Automated Inspection of Bonding Pads
GOEPEL electronics’ OptiCon AOI systems can now be utilised for automated inspection of bonding pads for solder splashes, deformations and any other impurities in the micrometer range. Meeting these test tasks, an additional camera module with a resolution of 3 µm is available in the AOI systems. An adaptive illumination system and particularly developed inspection functions enable highest fault detection at extremely low false-call rate. The high-resolution camera system can be