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Automated Material Handling Equipment Market Report and Forecast 2024-2032

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    Report

  • 193 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921536
According to the report, the global automated material handling equipment market is projected to grow at a CAGR of 11.9% between 2024 and 2032. Aided by the soaring demand for efficient, cost-effective logistics solutions and the widening applications of automated material handling equipment across diverse industries, the market is expected to grow significantly by 2032.

Automated material handling equipment comprises systems and devices such as automated guided vehicles (AGVs), robotics, conveyor systems, and automated storage and retrieval systems (AS/RS). These machines are integral for increasing productivity, reducing operational costs, and improving workplace safety in sectors like manufacturing, warehousing, and distribution. They play a crucial role in streamlining operations, mitigating human error, and enhancing overall business efficiency.

The growing demand for efficient logistics solutions is primarily driving the global automated material handling equipment market growth. As businesses worldwide strive for enhanced operational efficiency and productivity, the demand for automated solutions that reduce manual labour and optimise workflow has surged. Moreover, the rising trend of automation and digitalisation across industries has further spurred the popularity of automated material handling equipment.

The broadening applications of automated material handling equipment in various industries are another significant growth propellant. In the manufacturing sector, these systems ensure consistent product quality by minimising errors and optimising process control. The e-commerce industry utilises this equipment to speed up order fulfilment processes and manage high-volume product handling. Furthermore, the use of these systems in the aviation industry for baggage handling and cargo operations contributes to market growth.

The rising emphasis on workplace safety is also a key driver of the automated material handling equipment market development. By reducing the need for manual handling of goods, these systems help mitigate workplace injuries, thereby promoting a safer work environment. Consequently, industries with extensive material handling needs, such as automotive, food and beverage, and pharmaceuticals, have significantly increased their investment in automated material handling solutions.

Lastly, the ongoing technological advancements, including the development of AI-integrated material handling equipment and the adoption of IoT, are significantly bolstering the automated material handling equipment market demand. These technological enhancements promise improved system integration, predictive maintenance, and real-time tracking, thereby elevating the capabilities of automated material handling equipment.

Market Segmentation

The market can be divided based on component, product, system type, end use, and region.

Market Breakup by Component

  • Software
  • Hardware
  • Services

Market Breakup by Product

  • Robots
  • Automated Storage and Retrieval Systems (ASRS)
  • Conveyor and Sortation Systems
  • Cranes
  • Automated Guided Vehicles (AGV)

Market Breakup by System Type

  • Unit Load Material Handling Systems
  • Bulk Load Material Handling Systems

Market Breakup by End Use

  • Automotive
  • Semiconductors and Electronics
  • Food and Beverages
  • Chemicals
  • Pharmaceuticals
  • Aviation
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global automated material handling equipment market. Some of the major players explored in the report are as follows:
  • Daifuku Co., Ltd.
  • Jungheinrich AG
  • Kion Group AG
  • Toyota Industries Corporation
  • Hyster-Yale Materials Handling, Inc.
  • KUKA AG
  • John Bean Technologies Corporation
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automated Material Handling Equipment Market Analysis
8.1 Key Industry Highlights
8.2 Global Automated Material Handling Equipment Historical Market (2018-2023)
8.3 Global Automated Material Handling Equipment Market Forecast (2024-2032)
8.4 Global Automated Material Handling Equipment Market by Component
8.4.1 Software
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Hardware
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.1 Services
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.5 Global Automated Material Handling Equipment Market by Product
8.5.1 Robots
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Automated Storage and Retrieval Systems (ASRS)
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Conveyor and Sortation Systems
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Cranes
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Automated Guided Vehicles (AGV)
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.6 Global Automated Material Handling Equipment Market by System Type
8.6.1 Unit Load Material Handling Systems
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Bulk Load Material Handling Systems
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Automated Material Handling Equipment Market by End Use
8.7.1 Automotive
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Semiconductors and Electronics
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Food and Beverages
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Chemicals
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Pharmaceuticals
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.7.6 Aviation
8.7.6.1 Historical Trend (2018-2023)
8.7.6.2 Forecast Trend (2024-2032)
8.7.7 Others
8.9 Global Automated Material Handling Equipment Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Automated Material Handling Equipment Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Automated Material Handling Equipment Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Automated Material Handling Equipment Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Automated Material Handling Equipment Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Automated Material Handling Equipment Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Daifuku Co., Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Jungheinrich AG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Kardex Holding AG
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 KION GROUP AG
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 SSI SCHAEFER Group
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Honeywell International Inc
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 KNAPP AG
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Mecalux, S.A.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Siemens AG
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 KUKA AG
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Toyota Industries Corp.
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 BEUMER Group GmbH & Co. KG
16.2.12.1 Company Overview
16.2.12.2 Product Portfolio
16.2.12.3 Demographic Reach and Achievements
16.2.12.4 Certifications
16.2.13 Krones AG (System Logistics S.p.A.)
16.2.13.1 Company Overview
16.2.13.2 Product Portfolio
16.2.13.3 Demographic Reach and Achievements
16.2.13.4 Certifications
16.2.14 Interroll Holding AG
16.2.14.1 Company Overview
16.2.14.2 Product Portfolio
16.2.14.3 Demographic Reach and Achievements
16.2.14.4 Certifications
16.2.15 TGW Logistics Group
16.2.15.1 Company Overview
16.2.15.2 Product Portfolio
16.2.15.3 Demographic Reach and Achievements
16.2.15.4 Certifications
16.2.16 viastore SYSTEMS GmbH
16.2.16.1 Company Overview
16.2.16.2 Product Portfolio
16.2.16.3 Demographic Reach and Achievements
16.2.16.4 Certifications
16.2.17 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automated Material Handling Equipment Market: Key Industry Highlights, 2018 and 2032
2. Global Automated Material Handling Equipment Historical Market: Breakup by Component (USD Million), 2018-2023
3. Global Automated Material Handling Equipment Market Forecast: Breakup by Component (USD Million), 2024-2032
4. Global Automated Material Handling Equipment Historical Market: Breakup by Product (USD Million), 2018-2023
5. Global Automated Material Handling Equipment Market Forecast: Breakup by Product (USD Million), 2024-2032
6. Global Automated Material Handling Equipment Historical Market: Breakup by System Type (USD Million), 2018-2023
7. Global Automated Material Handling Equipment Market Forecast: Breakup by System Type (USD Million), 2024-2032
8. Global Automated Material Handling Equipment Historical Market: Breakup by End Use (USD Million), 2018-2023
9. Global Automated Material Handling Equipment Market Forecast: Breakup by End Use (USD Million), 2024-2032
10. Global Automated Material Handling Equipment Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Automated Material Handling Equipment Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Automated Material Handling Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Automated Material Handling Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Automated Material Handling Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Automated Material Handling Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Automated Material Handling Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Automated Material Handling Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Automated Material Handling Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Automated Material Handling Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Automated Material Handling Equipment Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Automated Material Handling Equipment Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global Automated Material Handling Equipment Market Structure

Companies Mentioned

  • Daifuku Co. Ltd.
  • Jungheinrich AG
  • Kardex Holding AG
  • KION GROUP AG
  • SSI SCHAEFER Group
  • Honeywell International Inc
  • KNAPP AG
  • Mecalux
  • S.A.
  • Siemens AG
  • KUKA AG
  • Toyota Industries Corp.
  • BEUMER Group GmbH & Co. KG
  • Krones AG (System Logistics S.p.A.)
  • Interroll Holding AG
  • TGW Logistics Group
  • viastore SYSTEMS GmbH

Methodology

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