Market Research Report
Automated Material Handling Equipment: The North American Market
|Automated Material Handling Equipment: The North American Market|
Published: November 29, 2019
Content info: 314 Pages
Delivery time: 1-2 business days
The North American market for automated material handling material, warehouse and supply chain software (consensus scenario) should grow from $20.4 billion in 2019 to $28.7 billion by 2024 with a compound<> <>annual growth rate (CAGR) of 7.1% for the period of 2019-2024.
Automated material handling equipment as a segment should grow from $14.7 billion in 2019 to $20.1 billion by 2024 with a CAGR of 6.5% for the period of 2019-2024.
Warehouse and supply chain management software as a segment should grow from $5.7 billion in 2019 to $8.6 billion by 2024 with a CAGR of 8.5% for the period of 2019-2024.
The scope of this report is specifically focused on automated industrial material handling equipment and software systems and programs in North America. The market is broken down by major equipment types, software programs and end user applications and industries. Further, regional breakdown of the markets in the United States and Canada are explored. The market is discussed with estimated values derived from available data.
This report focuses only on automated equipment. References are included for further information on traditional motive power industrial applications for material handling equipment. This report is not focused on the specialized equipment that may be automated for product manufacture. Most of that equipment is of specialized design to meet the needs of the manufacturer. However, the movement of finished goods and packaging and palletizing these goods for shipment to the attached warehouse or distribution centers is included. Material handling equipment is also used in large specialty applications such as ship cargo handling equipment, but this market was not considered.
The following are brief summaries of the chapters included in this report.
The report concludes with a special focus on the vendor landscape and includes detailed profiles of the major vendors in these markets. Further, it explains the major drivers and dynamics of the market and current trends within the industry.
This report details figures for 2018 and compound annual growth rate (CAGR) projections for 2019 to 2024. A discussion of emerging technologies describes the areas in which research is being performed and incentivized and their anticipated effects in future markets.
Note that values are expressed in millions of dollars. Totals are rounded to the nearest integer (i.e., less than $500,000 is expressed as <1) or "0" if appropriate. Values are based on the equivalent of retail, which is the price publicly advertised.