Automated material handling equipment can automate the most boring,
dull, and risky tasks in the production line of various industries. These
equipments are used by the end users to enhance the quality, flexibility,
throughput, and consistency coupled with reducing ergonomic hazards for
workers. It helps in improving the efficiency of the production line and
increases the customer satisfaction by providing quality products on time.
Automated material handling equipment provides several advantages such as
increases profit, time saver, enhances production quality & quantity, decreased
labor costs and improved efficiency. Increasing demand for
incorporation of automation and modernization in manufacturing processes, growth
in the aviation industry and e-commerce industry, and demand for lucidity in
supply chain and pliability in warehouse operations are few of the factors projected
to drive the growth. Increase in industrial and infrastructural activities to meet
the demand from the ever-rising population, is expected to bode well for market
growth. Manufacturing and other industries constantly attract large amounts of
foreign capital, therefore augmenting the production activities. Governments around
the world are improving their infrastructural development to build new
airports, rail networks, seaports and power plants, and upgrade the existing
ones. All these activities are made easy by using material handling equipment
such as conveyors, forklifts and Automated Guided Vehicles (AGVs). Furthermore, increasing employer inclination
towards employee or worker safety is also projected to boost the growth of the automated
material handling market. Therefore, due to the increase in industrial
activities, industrialists have become significantly responsible for worker and
workplace safety to maintain their goodwill in the market. As majority of
companies are inclining towards automation to persist the competition, support
efficiency in the warehouse, and reduce costs, they are making efforts to build
a safer working environment for employees. Hence, improving working and safety
conditions is an essential part of their industrial activities, which is anticipated
to remain a key growth avenue for this market. Automated material handling
equipment provides numerous benefits such as increases profit, improves
production quality & quantity, time saver, reduced labor costs and enhanced
efficiency. It has various applications in different industries such as
automotive, metals & heavy machinery, food & beverages, chemical,
healthcare and aviation etc. Therefore, these factors fuel the growth of automated
material handling equipment market. However, the high initial cost of automated
material handling equipment for SMEs will hamper the market growth.
Furthermore,
due to the coronavirus disease (COVID-19) outbreak, enactment of social
distancing rules by governing agencies and the increasing adoption of remote
working models, the players of market are also concentrating on automating and
digitizing the supply chains. This, in turn, is projected to create opportunity
for the market growth.
The
global Automated Material Handling Equipment Market is segregated on the basis
of Products as Robots, Automated Storage and Retrieval System (ASRS), Conveyors
& Sortation Systems, Cranes, Warehouse Management System (WMS) and Automated
Guided Vehicle (AGV). Based on System Type the global Automated Material
Handling Equipment Market is segmented in Unit Load Material Handling Systems
and Bulk Load Material Handling Systems. Based on Industry the global Automated
Material Handling Equipment Market is segmented in Automotive, Semiconductor
& Electronics, Metals & Heavy Machinery, Chemicals, Food &
Beverages, E-commerce, Healthcare, Aviation, Third Party Logistics (3PL) and Others.
The
global Automated Material Handling Equipment Market report provides geographic
analysis covering regions, such as Europe, North America, Asia Pacific, and
Rest of The World. The Automated Material Handling Equipment Market for each
region is further segmented for major countries including the U.S., Canada,
Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa,
and others.
Competitive Analysis
Bastian
Solutions, BEUMER Group GmbH & Co. KG, Daifuku Co. Ltd., Honeywell
International Inc., Hytrol Conveyor Co. Inc. and others are among the major
players in the global Automated Material Handling Equipment Market. The
companies studied in terms of product strategy and various n several growth and
expansion strategies to gain a competitive edge in the market. The major
players not only follow value chain integration with business operations in
multiple stages of the value chain.
- In
November 2020, Vanderlande was contracted by Dutch organic food retailer Udea
to provide a sophisticated goods-to-person system.
- In
October 2020, SSI Schaefer was contracted by Coop, one of the major food
retailers in Sweden, for intralogistics to offer a cutting-edge,
energy-efficient, and highly automated logistics solution for its new 77,000-m²
distribution center in Eskilstuna (Sweden).
- In June
2020, Yale Europe Materials Handling, a subdivision of Hyster-Yale Material
Handling, has extended its distribution coverage in this rapidly-growing market
by extending the coverage of the Spanish dealer SETEGAR.
- The global Automated Material Handling Equipment
Market has been segmented as below:
Automated
Material Handling Equipment Market, By Products
- Robots
- Automated Storage and Retrieval
System (ASRS)
- Conveyors & Sortation Systems
- Cranes
- Warehouse Management System (WMS)
- Automated Guided Vehicle (AGV)
Automated
Material Handling Equipment Market, By System Type
- Unit Load Material Handling Systems
- Bulk Load Material Handling Systems
Automated
Material Handling Equipment Market, By Industry
- Automotive
- Semiconductor & Electronics
- Metals & Heavy Machinery
- Chemicals
- Food & Beverages
- E-commerce
- Healthcare
- Aviation
- Third Party Logistics (3PL)
- Others
Automated
Material Handling Equipment Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Automated
Material Handling Equipment Market, By Company
- Bastian Solutions
- BEUMER Group GmbH & Co. KG
- Daifuku Co. Ltd.
- Honeywell International Inc.
- Hytrol Conveyor Co. Inc.
- Jungheinrich AG
- Kardex AG
- KION Group AG
- Mecalux S.A
- Murata Machinery Ltd.
- SSI SCHAEFER
- Swisslog Holding AG
- Toyota Industries Corporation
- Vanderlande Industries Nederland
B.V
- ABB Ltd.
- Hitachi Ltd.
The
report covers the below scope:
- Global Automated Material Handling
Equipment Market sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global Automated Material Handling
Equipment Market trends, covering comprehensive range of consumer trends &
manufacturer trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Automated
Material Handling Equipment Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Automated Material Handling Equipment
Market report scope includes detailed study covering underlying factors
influencing the industry trends. The report covers analysis on regional and
country level market dynamics. The scope also covers competitive overview
providing company market shares along with company profiles for major revenue
contributing companies. The report scope includes detailed competitive outlook
covering market shares and profiles key participants in the global Automated
Material Handling Equipment Market share. Major industry players with
significant revenue share include Bastian Solutions, BEUMER
Group GmbH & Co. KG, Daifuku Co. Ltd., Honeywell International Inc., Hytrol
Conveyor Co. Inc. and others.
Why to
Buy this Report:
- Gain detailed insights on the Automated Material Handling Equipment industry trends
- Find complete analysis on the
market status
- Identify the Automated Material
Handling Equipment Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
Free
and Paid Customization based on the requirement