Automated Material Handling Equipment Market by Product, Application, End User

Description

List of Tables

[180 Pages Report] The Automated Material Handling Equipment Market size was estimated at USD 46.86 billion in 2023 and expected to reach USD 51.56 billion in 2024, at a CAGR 10.07% to reach USD 91.76 billion by 2030.

Automated material handling equipment refers to systems and machinery that handle, move, and store materials within a facility or at a worksite with minimal human interaction. Automated material handling equipment is integrated with computerized control systems, enabling precision and efficiency in moving products through the workflow. Automated material handling equipment significantly improves production efficiency, inventory management, and accuracy of order fulfillment. By automating repetitive and labor-intensive tasks, these systems reduce the threat of human error and workplace injuries. The increasing need for automation due to a growing emphasis on workplace safety, the efficiency of operations, and the rise in online retail sales have created a need for faster and more efficient order fulfillment processes. Moreover, the push for sustainable operations leads end-users to invest in green automation technologies that optimize energy use and reduce waste. However, the high initial investments and continuous need for upgrades can hinder the adoption of automated material handling equipment among small to medium enterprises. Moreover, the complexity of integrating new automation systems with existing operations can be a substantial challenge. Nevertheless, advancements in technologies such as the Internet of Things, robotics, and machine learning are also expected to play a crucial role in enhancing the capabilities of material handling equipment in the coming years.

KEY MARKET STATISTICS
Base Year [2023]	USD 46.86 billion
Estimated Year [2024]	USD 51.56 billion
Forecast Year [2030]	USD 91.76 billion
CAGR (%)	10.07%

Product: Significant adoption of conveyors and sortation systems in warehouse operations

Bulk material handling equipment is designed to transport, store, and control bulk materials such as minerals, grains, and chemicals. This type of equipment includes conveyor belts, stackers, reclaimers, hoppers, and silos. Bulk material handling equipment is essential where large quantities of bulk materials are processed, such as in mines, power plants, and ports. Conveyor and sortation systems are components within distribution centers, eCommerce fulfillment centers, and production facilities. These systems are essential for moving products efficiently and reliably through a facility and are integral to the sortation process, which organizes items for shipment or further processing. Industrial trucks and automated guided vehicles (AGVs) are mobile robots used in industrial applications to move materials around a physical facility or warehousing environment. Robots, particularly collaborative robots (cobots), are utilized for picking, packing, and palletizing. Storage and handling equipment includes pallet racks, shelving, and automated retrieval systems. These systems are integral to organizing and keeping inventory secure and accessible.

Application: Penetration of automated material handling equipment to ensure efficient packaging operations

In the assembly application, automated material handling equipment facilitates the efficient movement and organization of parts assembled to form finished products. High precision and repeatability are crucial in assembly applications. Automated material handling equipment is vital for sorting, picking, and handling goods for distribution. Speed and accuracy are paramount to handling high volumes in distribution applications. Automated material handling equipment in packaging involves equipment that supports wrapping, filling, labeling, and palletizing, facilitated by technology, including robotic packaging systems and automated conveyors. Flexibility to handle various packaging types and consistency in repetitive tasks is critical in packaging applications. Automated storage systems optimize space utilization and inventory management using vertical lift modules and carousel systems. Transportation within facilities relies on automated material handling equipment such as AGVs, monorails, and conveyor systems to seamlessly move products from one point to another. Waste handling involves using automated material handling equipment to sort, recycle, and dispose of waste materials. Industries focus on sustainability and regulatory compliance, with systems designed for material recovery and efficient waste processing.

End User: Emerging applications of automated material handling equipment across E-commerce sector

In the automotive segment, automated material handling equipment is integral for streamlining the manufacturing process, from the assembly line to parts inventory management and finished vehicle logistics. The automotive industry needs precision, speed, and customization as demands vary based on consumer preference, seasonality, and geographic location. The aviation industry requires automated material handling equipment to manage baggage, cargo, components, and spare parts. In chemical manufacturing and distribution, automated material handling equipment ensures safety and compliance with regulatory standards while handling hazardous materials. E-commerce relies heavily on swift, responsive, and flexible automated handling systems to fulfill a high volume of orders with varying profiles. The E-commerce sector focuses on customization and integration capabilities of automated material handling equipment, allowing rapid scaling during peak seasons. The food and beverage industry requires automated material handling equipment operating in controlled environments, maintaining hygiene standards, and efficiently handling perishable goods. Handling heavy loads is characteristic of the metals and heavy machinery industry, which benefits from robust automated material handling equipment designed for heavy cargo. The need for stringent contamination control, accurate tracking, and error-free handling drives automation in the pharmaceutical and medical device industries. Automated material handling equipment includes cleanroom robots, precision conveyance systems, and automated packaging lines. For semiconductor and electronics manufacturing, the emphasis is on precision handling and prevention of electrostatic discharge in automated material handling equipment.

Regional Insights

The Asia Pacific region is experiencing notable growth in the automated material handling equipment market due to rapid industrialization. The consumer needs in this region stem from the expansion of the manufacturing sector, the rise in eCommerce, and the increasing focus on workplace safety and efficiency. Vendors in the Asia-Pacific are investing in sophisticated systems to cope with the high-volume throughput required by consumers. Recent investments in smart warehouses, robotics, and the Internet of Things (IoT) integration are notable trends, indicating a strong push towards innovation in the automated material handling equipment market. In the Americas, increased labor costs, a focus on streamlining operations, and a shift toward eCommerce drive the need for automation. Consumers in the Americas prioritize reliability, efficiency, and after-sales support when purchasing automated material handling equipment. Initiatives for using renewable energy sources in material handling equipment and emphasizing circular economy principles reflect the changing customer purchasing behavior in the Americas. Europe, particularly EU countries, exhibits a high demand for automated material handling equipment due to advanced manufacturing practices, stringent regulations on worker safety, and the need for operational efficiency. Investments in research and innovation, supported by various EU-funded initiatives, have led to the development of cutting-edge automated material handling equipment solutions suited to the European market's strict standards. The Middle East is seeing growth in logistics and warehousing, influenced by the region's strategic position as a global logistics hub.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automated Material Handling Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automated Material Handling Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automated Material Handling Equipment Market, highlighting leading vendors and their innovative profiles. These include AMH Material Handling, Automatic Handling International, Inc., BEUMER Group, Daifuku Co., Ltd., Diamond Phoenix Limited, E80 GROUP S.p.A., Honeywell International Inc., Hyster-Yale Materials Handling, Inc., IHI Corporation, Invia Robotics Inc., JBT Corporation, Jungheinrich AG, Kardex Holding AG, Kion Group AG, Knapp AG, KUKA AG, MasterMover Group, Mitsubishi Electric Automation, Inc., Murata Machinery, Ltd., Rockwell Automation, Inc., Scott Automation Ltd., Seegrid Corporation, Shanghai Seer Intelligent Technology Corporation, SSI SCHAEFER Group, System Logistics S.p.A., TGW Logistics Group, Toyota Industries Corporation, Westfalia Technologies Inc., Youibot Robotics Co., Ltd., Zebra Technologies Corp., and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Automated Material Handling Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Bulk Material Handling Equipment
- Conveyor & Sortation Systems
- Industrial Trucks & Automated Guided Vehicles
- Robots
- Storage & Handling Equipment

Application
- Assembly
- Distribution
- Packaging
- Storage
- Transportation
- Waste Handling

End User
- Automotive
- Aviation
- Chemicals
- E-commerce
- Food & Beverages
- Metals & Heavy Machinery
- Pharmaceuticals & Medical Devices
- Semiconductor & Electronics

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automated Material Handling Equipment Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automated Material Handling Equipment Market?

3. What are the technology trends and regulatory frameworks in the Automated Material Handling Equipment Market?

4. What is the market share of the leading vendors in the Automated Material Handling Equipment Market?

5. Which modes and strategic moves are suitable for entering the Automated Material Handling Equipment Market?

Product Code: MRR-035DA3C63709

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Expanding Global Manufacturing Sector
  - 5.1.1.2. Benefits of Material Handling Equipment Over the High Labor Costs and Safety Concerns
  - 5.1.1.3. Demand for Material Handling Equipment for Modern eCommerce
- 5.1.2. Restraints
  - 5.1.2.1. High Ownership Cost of Automated Material Handling Equipment
- 5.1.3. Opportunities
  - 5.1.3.1. Continuous Increasing Demand for Advanced Automation in Automotive Industry
  - 5.1.3.2. Integration of Advanced Technology such as Iot Platform for Material Handling
  - 5.1.3.3. Growing Industrialization in Developing Countries
- 5.1.4. Challenges
  - 5.1.4.1. Possible Downtime due to Malfunction and Lack of Skilled Workforce to Handle
5.2. Market Segmentation Analysis
- 5.2.1. Product: Significant adoption of conveyors and sortation systems in warehouse operations
- 5.2.2. Application: Penetration of automated material handling equipment to ensure efficient packaging operations
- 5.2.3. End User: Emerging applications of automated material handling equipment across E-commerce sector
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis
5.8. Client Customization

6. Automated Material Handling Equipment Market, by Product

6.1. Introduction
6.2. Bulk Material Handling Equipment
6.3. Conveyor & Sortation Systems
6.4. Industrial Trucks & Automated Guided Vehicles
6.5. Robots
6.6. Storage & Handling Equipment

7. Automated Material Handling Equipment Market, by Application

7.1. Introduction
7.2. Assembly
7.3. Distribution
7.4. Packaging
7.5. Storage
7.6. Transportation
7.7. Waste Handling

8. Automated Material Handling Equipment Market, by End User

8.1. Introduction
8.2. Automotive
8.3. Aviation
8.4. Chemicals
8.5. E-commerce
8.6. Food & Beverages
8.7. Metals & Heavy Machinery
8.8. Pharmaceuticals & Medical Devices
8.9. Semiconductor & Electronics

9. Americas Automated Material Handling Equipment Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Automated Material Handling Equipment Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Automated Material Handling Equipment Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Rockwell Automation Signs Agreement to Acquire Autonomous Robotics Vendor Clearpath Robotics
- 12.3.2. MH Equipment to Distribute Material Handling Robots
- 12.3.3. Toyota Material Handling Launches Three New Electric Models

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio