Market Analysis: Global Automated Material Handling Equipment Market
Global automated material handling equipment market is to register a substantial CAGR of 9.39% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to increasing involvement of start-up companies providing robotic solutions for warehouse automation
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Market Definition: Global Automated Material Handling Equipment Market
Automated material handling equipment shall be used for the processing, regulating, securing and motion of products. These instruments are very easy to be used throughout the production, usage and storage method. Automated material handling equipment simplifies the method and is used in contemporary day sectors. The handling of vertical products for industry such as metals & high equipment, aerospace and the manufacturing sector for human beings could be very difficult and poses greater health security hazards for the workers..
Market Drivers:
- Increasing involvement of start-up companies providing robotic solutions for warehouse automation is driving the growth of the market
- Enhanced acceptance of AMH equipment between many leading industries is propelling the growth of the market
- Significant recovery in global manufacturing is boosting the growth of the market
- Increasing wages and safety issues is contributing to the growth of the market
Market Restraints:
- Heavy initial cost of AMH equipment for small and medium-sized enterprises is hindering the growth of the market
- Elevated implementation and changing expense is restricting the growth of the market
- The substitution of manual labour and need for skilled workforce and concerns is hampering the growth of the market
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Segmentation: Global Automated Material Handling Equipment Market
By Product
- Robots
- Fixed Robots
- Articulated Robots
- Cylindrical Robots
- Scara Robots
- Parallel Robots
- Cartesian Robots
- Mobile Robots
- Fixed Robots
- Automated Storage & Retrieval Systems (ASRS)
- Unit Load
- Mini Load
- Vertical Lift Module
- Carousel
- Mid Load
- Autostore
- Conveyor & Sortation Systems
- Belt
- Roller
- Overhead
- Screw
- Cranes
- JIB
- Bridge
- Gantry
- Stacker
- Automated Guided Vehicles (AGV)
- By Type
- Tow Vehicles
- Unit Load Carriers
- Pallet Trucks
- Assembly Line Vehicles
- Forklift Truck
- Others
- By Navigation Technology
- Laser Guidance
- Magnetic Guidance
- Inductive Guidance
- Optical Tape Guidance
- Vision Guidance
- Others
- By Type
By System Type
- Unit Load Material Handling Systems
- Bulk Load Material Handling Systems
By Software & Services
- Software
- Warehouse Management System
- Warehouse Control System
- Warehouse Execution System
- Services
- Maintenance & Repair
- Training
- Software Upgrades
By Function
- Assembly
- Packaging
- Transportation
- Distribution
- Storage
- Waste Handling
By Industry
- Automotive
- Metals & Heavy Machinery
- Food & Beverages
- Chemicals
- Semiconductor & Electronics
- Healthcare
- Pharmaceuticals
- Medical Devices
- Aviation
- E-Commerce
- Others
By Geography
- North America
- Europe
- Germany
- Italy
- U.K.
- France
- Spain
- Netherlands
- Belgium
- Switzerland
- Turkey
- Russia
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Egypt
- Israel
- Rest of Middle East and Africa
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Key Developments in the Market
- In April 2019, ABB introduced the latest Ability Stockyard Management System that allows fully embedded cooperative activity by linking all accessible information and method data to optimize mass materials processing terminals and warehouses for coal-fired power plants, metal crops or mines. This mechanism improves the effectiveness of the warehouses in linking successive measures to the full transport chain of products.
- In April 2018, Honeywell International Inc., revealed the latest distribution center software platform that simplifies and streamlines the complicated e-commerce activities. Honeywell International Inc. progress warehouse execution scheme brings together integrated devices, workflows, commands, and workers on a centralized platform and provide real-time exposure to warehouse users and assist creative activities more effective.
Competitive Analysis
Global automated material handling equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automated material handling equipment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Market Competitors/Players
Few of the major competitors currently working in the global automated material handling equipment market are Daifuku Co., Ltd, BEUMER GROUP, Interroll (Schweiz) AG, Kardex Group, Honeywell International Inc., KION GROUP AG, Dearborn Mid-West Company, JBT., Jungheinrich AG, Columbus McKinnon Corporation, KNAPP AG, Siemens, TGW Logistics Group, SSI SCHAEFER AG, Mecalux, S.A., System Logistics Spa, viastore systems GmbH, WITRON Logistik + Informatik GmbH, KUKA AG, Murata Machinery, Ltd., TOYOTA INDUSTRIES CORPORATION., WESTFALIA TECHNOLOGIES, INC., Seegrid Corporation, amongst others.
Research Methodology: Global Automated Material Handling Equipment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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