Material Handling Robotic Trends and Forecast
The future of the global material handling robotic market looks promising with opportunities in the automotive, chemical, aviation, semiconductor & electronic, e-commerce, food & beverage, healthcare, and metal & heavy machinery markets. The global material handling robotic market is expected to reach an estimated $55.5 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are rising adoption of automation among industries, expanding e-commerce sector, and escalating progress in the field of robotic technology.A more than 150-page report is developed to help in your business decisions.
Material Handling Robotic by Segment
The study includes a forecast for the global material handling robotic by type, product type, function, end use industry, and region.Material Handling Robotic Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Unit Load Material Handling Systems
- Bulk Load Material Handling Systems
Material Handling Robotic Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Robots
- Conveyors and Sortation Systems
- Automated Storage and Retrieval Systems (ASRS)
- Cranes
- Automated Guided Vehicles (AGV)
Material Handling Robotic Market by Function [Shipment Analysis by Value from 2018 to 2030]:
- Storage
- Transportation
- Assembly
- Packaging
- Distribution
- Waste Handling
Material Handling Robotic Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
- Automotive
- Chemicals
- Aviation
- Semiconductor & Electronics
- E-Commerce
- Food & Beverages
- Healthcare
- Metals & Heavy Machinery
- Others
Material Handling Robotic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Material Handling Robotic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies material handling robotic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the material handling robotic companies profiled in this report include-- ABB
- Adept Technology
- Daihen Engineering
- Kawasaki Robotics
- Machinery Automation & Robotics
- KUKA Robotics
- FANUC
- Denso Wave
- Epson America
- Nachi Robotic Systems
Material Handling Robotic Market Insights
The report forecasts that unit is expected to witness the highest growth over the forecast period due to its more versatile and can be used in wider range of application.Within this market, automotive is expected to witness the highest growth due to widespread usage of material handling robotic in variety of applications, such as assembly, welding, painting, and packaging & shipping.
APAC is expected to witness highest growth over the forecast period due to growing investment in infrastructure development and industrial automation in the region.
Features of the Global Material Handling Robotic Market
- Market Size Estimates: Material handling robotic market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Material handling robotic market size by various segments, such as by type, product type, function, end use industry, and region in terms of value ($B).
- Regional Analysis: Material handling robotic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, product types, functions, end use industries, and regions for the material handling robotic market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the material handling robotic market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQs
Q1. What is the material handling robotic market size?Answer: The global material handling robotic market is expected to reach an estimated $55.5 billion by 2030.
Q2. What is the growth forecast for material handling robotic market?
Answer: The global material handling robotic market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the material handling robotic market?
Answer: The major drivers for this market are rising adoption of automation among industries, expanding e-commerce sector, and escalating progress in the field of robotic technology.
Q4. What are the major segments for material handling robotic market?
Answer: The future of the material handling robotic market looks promising with opportunities in the automotive, chemical, aviation, semiconductor & electronic, e-commerce, food & beverage, healthcare, and metal & heavy machinery markets.
Q5. Who are the key material handling robotic market companies?
Answer: Some of the key material handling robotic companies are as follows:
- ABB
- Adept Technology
- Daihen Engineering
- Kawasaki Robotics
- Machinery Automation & Robotics
- KUKA Robotics
- FANUC
- Denso Wave
- Epson America
- Nachi Robotic Systems
Answer: The report forecasts that unit is expected to witness the highest growth over the forecast period due to its more versatile and can be used in wider range of application.
Q7. In material handling robotic market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing investment in infrastructure development and industrial automation in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the material handling robotic market by type (unit load material handling systems and bulk load material handling systems), product type (robots, conveyors and sortation systems, automated storage and retrieval systems (ASRS), cranes, and automated guided vehicles (AGV)), function (storage, transportation, assembly, packaging, distribution, and waste handling), end use industry (automotive, chemicals, aviation, semiconductor & electronics, e-commerce, food & beverages, healthcare, metals & heavy machinery, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Material Handling Robotic Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- ABB
- Adept Technology
- Daihen Engineering
- Kawasaki Robotics
- Machinery Automation & Robotics
- KUKA Robotics
- FANUC
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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