The global market for Automated Material Handling Equipment is estimated at US$54.3 Billion in 2023 and is projected to reach US$93.9 Billion by 2030, growing at a CAGR of 8.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the automated material handling equipment market is driven by several factors, including technological advancements, the rise of e-commerce, and the increasing demand for efficiency in supply chain operations. Technological innovations such as AI, ML, and IoT are making AMHE systems more intelligent and capable of performing complex tasks with higher precision and reliability. The e-commerce boom has necessitated faster and more accurate order fulfillment processes, prompting companies to invest in automated solutions to stay competitive. Additionally, the globalization of supply chains and the need for just-in-time delivery systems have increased the adoption of AMHE to enhance operational efficiency and reduce lead times. The trend towards warehouse automation, coupled with labor shortages and the rising cost of manual labor, further fuels the demand for automated material handling solutions. These factors collectively contribute to the rapid growth and evolution of the AMHE market, making it a critical component of modern industrial and commercial operations.
The growth in the automated material handling equipment market is driven by several factors, including technological advancements, the rise of e-commerce, and the increasing demand for efficiency in supply chain operations. Technological innovations such as AI, ML, and IoT are making AMHE systems more intelligent and capable of performing complex tasks with higher precision and reliability. The e-commerce boom has necessitated faster and more accurate order fulfillment processes, prompting companies to invest in automated solutions to stay competitive. Additionally, the globalization of supply chains and the need for just-in-time delivery systems have increased the adoption of AMHE to enhance operational efficiency and reduce lead times. The trend towards warehouse automation, coupled with labor shortages and the rising cost of manual labor, further fuels the demand for automated material handling solutions. These factors collectively contribute to the rapid growth and evolution of the AMHE market, making it a critical component of modern industrial and commercial operations.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Robots segment, which is expected to reach US$46.6 Billion by 2030 with a CAGR of a 9.9%. The Automated Storage & Retrieval Systems (ASRS) segment is also set to grow at 7.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $8.8 Billion in 2023, and China, forecasted to grow at an impressive 9.1% CAGR to reach $20.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Automated Material Handling Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automated Material Handling Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Automated Material Handling Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ABB Ltd., Abel Womack, Inc., A-B-C Packaging Machine Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 262 Featured):
- ABB Ltd.
- Abel Womack, Inc.
- A-B-C Packaging Machine Corporation
- AGVE AB
- Aichikikai Techno System Co., Ltd.
- Air Technical Industries, Inc.
- Alstef Automation SA
- Amerden Inc.
- America In Motion, Inc.
- Aethon, Inc.
- Addverb Technologies Pvt Limited
- ADCO Manufacturing
- ALLIEDFLEX Technologies, Inc.
- AGV International
- 6 River Systems, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- ABB Ltd.
- Abel Womack, Inc.
- A-B-C Packaging Machine Corporation
- AGVE AB
- Aichikikai Techno System Co., Ltd.
- Air Technical Industries, Inc.
- Alstef Automation SA
- Amerden Inc.
- America In Motion, Inc.
- Aethon, Inc.
- Addverb Technologies Pvt Limited
- ADCO Manufacturing
- ALLIEDFLEX Technologies, Inc.
- AGV International
- 6 River Systems, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 854 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 54.3 Billion |
Forecasted Market Value ( USD | $ 93.9 Billion |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |