According to our publisher’s latest study, the global Automated Material Handling (AMH) market size was valued at US$ 45520 million in 2023. With growing demand in downstream market, the Automated Material Handling (AMH) is forecast to a readjusted size of US$ 81910 million by 2030 with a CAGR of 8.8% during review period.
The research report highlights the growth potential of the global Automated Material Handling (AMH) market. Automated Material Handling (AMH) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automated Material Handling (AMH). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automated Material Handling (AMH) market.
Material handling refers to the storage management and movement of goods and products in a warehouse or manufacturing plant. Automated Material Handling (AMH) involves using robots and other computerized devices for moving, lifting, pulling, pushing, storing, and retrieving goods and products. Automated material handling may involve single mechanical equipment or a set of different devices such as check-in tools, sorters, conveyors, stackers, unloading machines, among others.
Global key players of automated material handling (AMH) include Toyota Industries Corporation, Daifuku Co., Ltd., KION Group(Dematic) and Schäfer Group, etc. Global top four manufacturers hold a market share over 40%. Geographically speaking, Asia-Pacific is the largest market, has a market share of about 40%. In terms of type, automated conveyor & sortation systems is most popular and accounts for over 28% of market share. In terms of application, E-commerce & Retail is the dominant field using automated material handling (AMH), has a market share of about 17%.
Key Features:
The report on Automated Material Handling (AMH) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Automated Material Handling (AMH) market. It may include historical data, market segmentation by Type (e.g., Automated Storage & Retrieval Systems, Automated Conveyor & Sortation Systems), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automated Material Handling (AMH) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Market Drivers:
Increasing demand for automation in industries: The global Automated Material Handling (AMH) market is driven by the increasing demand for automation in various industries such as manufacturing, logistics, and e-commerce. Automation helps to improve efficiency, reduce labor costs, and increase productivity.
Growing need for warehouse automation: The growth of e-commerce and the increasing demand for fast and efficient delivery have led to the need for warehouse automation. AMH systems help to streamline warehouse operations, reduce labor costs, and improve inventory management.
Advancements in technology: Advancements in technologies such as robotics, artificial intelligence, and the Internet of Things (IoT) have made AMH systems more efficient, reliable, and cost-effective.
Increasing government initiatives: Governments around the world are promoting automation and Industry 4.0 initiatives, which is driving the demand for AMH systems.
Growing need for supply chain optimization: The increasing complexity of global supply chains has led to the need for optimization and automation. AMH systems help to streamline supply chain operations, reduce costs, and improve efficiency.
Market Challenges:
High initial investment costs: AMH systems require significant upfront investment, which can be a barrier for some companies.
Technical challenges: Implementing AMH systems can be complex and require significant technical expertise.
Integration challenges: Integrating AMH systems with existing systems and infrastructure can be challenging.
Cybersecurity risks: AMH systems are connected to the internet and can be vulnerable to cyber threats.
Maintenance and support: AMH systems require regular maintenance and support, which can be time-consuming and costly.
Scalability: AMH systems need to be scalable to accommodate changing business needs and growth.
Competition from manual labor: In some industries, manual labor may be cheaper and more effective than automation, making it a challenge for AMH systems to compete.
Regulatory compliance: AMH systems need to comply with various regulations and standards, which can be time-consuming and costly.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automated Material Handling (AMH) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Automated Material Handling (AMH) industry. This include advancements in Automated Material Handling (AMH) technology, Automated Material Handling (AMH) new entrants, Automated Material Handling (AMH) new investment, and other innovations that are shaping the future of Automated Material Handling (AMH).
The global Automated Material Handling (AMH) market is witnessing significant technological developments, driven by the increasing demand for automation and efficiency in various industries. Some of the key technological developments in the AMH market include:
Artificial Intelligence (AI) and Machine Learning (ML): AI and ML are being increasingly used in AMH systems to improve their efficiency, accuracy, and decision-making capabilities. AI-powered AMH systems can analyze data from various sources, such as sensors and cameras, to optimize material handling processes and reduce errors.
Robotics and Automation: Robotics and automation are becoming increasingly popular in the AMH market, as they enable companies to automate repetitive and labor-intensive tasks, such as material handling, sorting, and packaging.
Internet of Things (IoT): IoT technology is being used to connect AMH systems to the internet, enabling real-time monitoring and control of material handling processes. IoT-enabled AMH systems can also provide valuable insights and data analytics to optimize material handling operations.
3D Printing and Additive Manufacturing: 3D printing and additive manufacturing are being used to create complex and customized parts for AMH systems, such as robotic arms and grippers.
Cloud Computing and Big Data Analytics: Cloud computing and big data analytics are being used to store and analyze large amounts of data generated by AMH systems, enabling companies to gain insights and optimize their material handling operations.
Autonomous Mobile Robots (AMRs): AMRs are being used in AMH systems to automate tasks such as material transport, warehousing, and logistics. AMRs can navigate through warehouses and facilities without human intervention, reducing labor costs and improving efficiency.
Automated Guided Vehicles (AGVs): AGVs are being used in AMH systems to automate tasks such as material transport and warehousing. AGVs can navigate through warehouses and facilities using sensors and navigation systems, reducing labor costs and improving efficiency.
Collaborative Robots (Cobots): Cobots are being used in AMH systems to automate tasks such as material handling, assembly, and packaging. Cobots can work alongside human workers, improving safety and efficiency.
Vision Systems: Vision systems are being used in AMH systems to detect and track objects, such as pallets, boxes, and containers. Vision systems can also be used to inspect products and detect defects.
Automated Storage and Retrieval Systems (AS/RS): AS/RS are being used in AMH systems to automate warehousing and inventory management. AS/RS can store and retrieve products quickly and efficiently, reducing labor costs and improving inventory accuracy.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automated Material Handling (AMH) market. It includes factors influencing customer ' purchasing decisions, preferences for Automated Material Handling (AMH) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automated Material Handling (AMH) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automated Material Handling (AMH) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automated Material Handling (AMH) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automated Material Handling (AMH) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automated Material Handling (AMH) market.
Recommendations:
Invest in Industry 4.0 and IoT technologies: The integration of Industry 4.0 and IoT technologies with AMH systems can enhance operational efficiency, reduce costs, and drive innovation in material handling processes.
Customization and Integration: Companies should focus on customization and integration of AMH systems with existing software and hardware components to meet the unique needs of each warehouse operation.
Emphasize Automation in Emerging Markets: The demand for AMH products is expected to grow in emerging markets such as China, India, and Mexico, driven by increasing industrial production and e-commerce growth.
Focus on Supply Chain Optimization: AMH systems can help optimize supply chain operations by streamlining material movement, reducing costs, and improving delivery times.
Invest in Research and Development: Continuous R&D is essential to develop new and innovative AMH solutions that can address the evolving needs of industries and customers.
Opportunities:
Growing Demand from E-commerce: The growth of e-commerce is driving the demand for AMH systems, particularly in the logistics and warehousing sectors.
Increasing Adoption in Emerging Industries: Emerging industries such as healthcare, food and beverage, and pharmaceuticals are adopting AMH systems to improve efficiency and reduce costs.
Advancements in Robotics and Automation: Advancements in robotics and automation technologies are enabling the development of more efficient and cost-effective AMH systems.
Growing Focus on Sustainability: The focus on sustainability and environmental concerns is driving the adoption of AMH systems that can reduce energy consumption and minimize waste.
Expansion into New Geographies: The global AMH market presents opportunities for expansion into new geographies, particularly in emerging markets with growing industrial production and e-commerce growth.
Market Segmentation:
Automated Material Handling (AMH) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Automated Storage & Retrieval Systems
Automated Conveyor & Sortation Systems
Automated Guided Vehicle Systems
Robotic Systems
Others
Segmentation by application
E-commerce & Retail
Food & Beverage
Manufacturing
Pharmaceutical
Semiconductor & Electronic
Chemical
Automotive
Airport
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Toyota Industries Corporation
Daifuku Co., Ltd.
KION Group(Dematic)
Schäfer Group
Honeywell Intelligrated
Murata Machinery, Ltd.
Knapp AG
Beumer Group GmbH
MHS
TGW Logistics Group GmbH
Siemens Logistics
WITRON Integrated Logistics
Fives group
Midea(Kuka)
Kardex AG
Elettric 80
System Logistics SpA (Krones Group)
DMW&H
Grenzebach
Viastore Systems
Naumann/Hobbs
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