The Automated Material Handling (AMH) Equipment Market Size was esteemed at USD 25.88 billion in 2023 and is supposed to arrive at USD 57.94 billion by 2031 and develop at a CAGR of 10.6% over the forecast period 2024-2031.
The Automated Material Handling Equipment (AMHE) market is experiencing significant growth, driven by the increasing adoption of automation technologies across various industries. Companies are increasingly integrating AMHE systems to optimize their supply chains, reduce labor costs, and enhance efficiency. Key technologies such as Automated Guided Vehicles (AGVs), Automated Storage and Retrieval Systems (AS/RS), and conveyor systems are being widely implemented in sectors like manufacturing, warehousing, and logistics. The growing demand for e-commerce and the need for efficient material handling in warehouses are further propelling the market. Additionally, the integration of Industry 4.0 and the Internet of Things (IoT) is enhancing the capabilities of AMHE systems, enabling real-time monitoring and advanced analytics, which are crucial for improving operational efficiency.
Moreover, the AMHE market is witnessing substantial advancements in robotic automation, which is revolutionizing the way materials are handled in industries. Collaborative robots, or cobots, are being increasingly adopted due to their ability to work alongside human workers, improving safety and productivity. The market is also seeing a surge in demand for automated solutions in the pharmaceutical and food & beverage industries, where precision and hygiene are critical. As businesses strive to meet the growing consumer demand for faster and more reliable delivery, the adoption of AMHE systems is expected to continue rising. With the ongoing advancements in AI, machine learning, and robotics, the market is poised for robust growth in the coming years, offering significant opportunities for innovation and expansion.
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the Automated Material Handling Equipment industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the globalAutomated Material Handling Equipment market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Daifuku Co. Ltd., Siemens AG, Bosch Rexroth, Murata Machinery Ltd., Swisslog Holding AG, SSI Schaefer AG, Dematic Group S.A.R.L, Toyota Industries Corporation, JBT Corporation, and Bastian Solutions, Inc. and Other.,
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in theAutomated Material Handling Equipment market.
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It has segmented the global Automated Material Handling Equipment market
By System Type
- Unit Load Material Handling System
- Bulk Load Material Handling System
By Industry
- Automotive
- Chemical
- Aviation
- Semiconductor & Electronics
- E-Commerce
- Food & Beverage
- Healthcare
- Metals & Heavy Machinery
- Third party logistics (3PL)
- Others
Key Objectives of the Global Automated Material Handling Equipment Market Report:
- The report conducts a comparative assessment of the leading market players participating in the global Automated Material Handling Equipment
- The report marks the notable developments that have recently taken place in the Automated Material Handling Equipment industry
- It details on the strategic initiatives undertaken by the market competitors for business expansion.
- It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Automated Material Handling Equipment market value chain.
- The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
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