The IMARC Group provides extensive analysis of the automated material handling equipment industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
- Historical market data from 2016-2021
- CAGR of the market during the forecast period 2022-2027
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the Keyword market size and its contribution to the parent market
- Upcoming market trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on key players
- Comprehensive details of factors that will challenge the growth of smart meters market key players
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The global automated material handling equipment market size reached US$ 34.3 Billion in 2021. Material handling includes a range of extensive activities, such as protection, movement, storage, and control. These activities are performed during warehousing, manufacturing, consumption, distribution, and disposal of materials and products. Automated material handling equipment helps in reducing human intervention and improving logistics management. This equipment have the ability to perform several other tasks, such as production planning, inventory control, resource allocation, after-sales support and services, and flow and process management.
Automated Material Handling Equipment Market Trends:
The global market is primarily driven by the rapid expansion of the construction, aerospace, automotive, and agriculture sectors and the emergence of the Industry 4.0. Additionally, the integration of artificial intelligence (AI), the internet of things (IoT), and radio frequency identification (RFID) technologies and strategic collaborations among the key players to increase the product portfolio are factors providing an impetus to the market growth. Moreover, rapid industrialization across the globe is another factor creating a positive outlook for the market. Looking forward, IMARC Group expects the automated material handling equipment market to reach US$ 52.6 Billion by 2027, exhibiting a growth rate (CAGR) of 7.47% during 2022-2027.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- BEUMER Group GmbH & Co. KG
- Daifuku Co. Ltd.
- Honeywell International Inc.
- JBT Corporation
- Kion Group AG
- KNAPP AG
- KUKA Aktiengesellschaft (Midea Group Co. Ltd.)
- Murata Machinery Ltd.
- TGW Logistics Group GmbH
- Toyota Industries Corporation
- Viastore Systems GmbH.
Breakup by Component:
Breakup by Product:
- Conveyors and Sorting Systems
- Automated Storage and Retrieval Systems
- Automated Guided Vehicles
Breakup by Function:
Breakup by System Type:
- Unit Load
- Bulk Load
Breakup by End Use Industry:
- Semiconductor and Electronics
- Food and Beverages
Breakup by Region:
- North America
- United States
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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