Automated Material Handling Equipment Market Growth, Key Players, Statistics and Forecast 2023-2028

 IMARC Group, a leading market research company, has recently releases report titled “Automated Material Handling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global automated material handling equipment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Automated Material Handling Equipment Market?

The global automated material handling equipment market size reached US$ 37.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.2% during 2023-2028.


What is Automated Material Handling Equipment?

Automated material handling equipment (AMHE) refers to a range of mechanical devices and systems used to transport, store, and manage materials and products in an automated and efficient way. AMHE includes a variety of machines, such as conveyors, automated guided vehicles (AGVs), robotic arms, and vertical lift modules (VLMs) that can handle different types of goods, from raw materials to finished products. The use of AMHE can help to streamline material handling processes, reduce labor costs, improve accuracy and efficiency, and increase productivity. Additionally, AMHE can improve workplace safety by reducing the need for manual labor and reducing the risk of accidents associated with the manual handling of heavy materials.

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What are the Growth Prospects and Trends in the Automated Material Handling Equipment Market?

The increasing demand for automated solutions to enhance supply chain efficiency and productivity across various industries represents a key factor driving the market growth across the globe. In addition to this, the widespread adoption of Industry 4.0 and increasing smart factory initiatives are leading to the integration of AMHE systems for faster and more accurate material handling, which, in turn, is contributing to the growth of the market. In line with this, the expanding e-commerce industry and the need for efficient order fulfillment processes are aiding the market growth. Apart from this, advancements in robotics and automation technology are leading to the development of more sophisticated and efficient AMHE systems, which is creating a positive outlook for the market.

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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Who are the Key Players Operating in the Automated Material Handling Equipment Industry?

The report has also analysed the competitive landscape of the market with some of the 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.

What is Included in Market Segmentation?

The report has categorized the market based on component, product, function, system type and end use industry.

Breakup by Component:

  • Hardware
  • Software
  • Services

Breakup by Product:

  • Conveyors and Sorting Systems
  • Automated Storage and Retrieval Systems
  • Robots
  • Automated Guided Vehicles    
  • Others

Breakup by Function:

  • Assembling
  • Packaging
  • Storage
  • Transportation
  • Distribution
  • Others

Breakup by System Type:

  • Unit Load
  • Bulk Load

Breakup by End Use Industry:

  • Automotive
  • Chemicals
  • Aviation
  • Semiconductor and Electronics
  • E-Commerce
  • Food and Beverages
  • Healthcare
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/automated-material-handling-equipment-market

Key Highlights of The Report:                                                    

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • 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.

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About Us:

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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