Automated Material Handling Equipment Market Size, Share, Trends, Growth, and Industry Analysis, By Product (Robots, Automated Storage and Retrieval Systems (ASRS), Conveyor and Sortation Systems, Cranes, Autonomous Mobile Robots (AMR), Automated Guided Vehicle (AGV), Tow Vehicle, Unit Load Carrier, Pallet Truck, Forklift Truck, Hybrid Vehicles, Others, and Automated Guided Vehicles (AGV)), By Function (Assembly, Packaging, Transportation, Distribution, Storage, Waste Handling), By System Type (Unit Load Material Handling Systems, Bulk Load Material Handling Systems), By Industry (Automotive, Food and Beverages, Metals and Heavy Machinery, Chemicals, Semiconductor and Electronics, Healthcare, Aviation, E-Commerce, Others), Regional Analysis and Forecast 2032.
Global Automated Material Handling Equipment market size was USD 29.26 billion in 2023 and the market is projected to touch USD 56.24 billion by 2032, at a CAGR of 7.53% during the forecast period.
Automated Material Handling Equipment streamlines processes, reduces manual labor, and improves efficiency in warehouses, factories, and distribution centers around the world. AMHE includes a diverse set of technologies, such as conveyor systems, robotic arms, automated guided vehicles (AGVs), and warehouse management software. With the rise of e-commerce and manufacturing automation, demand for AMHE continues to rise as businesses seek to optimize their supply chains and meet rising customer expectations for faster delivery and greater accuracy.
The market is characterized by innovation and fierce competition among key players striving to develop advanced solutions that cater to diverse industrial needs while also addressing concerns such as safety, scalability, and sustainability. As businesses increasingly embrace automation to stay competitive in today's fast-paced global economy, the AMHE market is poised for continued growth and evolution in the years to come.
Global Automated Material Handling Equipment report scope and segmentation.
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Report Attribute |
Details |
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Estimated Market Value (2023) |
USD 29.26 billion |
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Projected Market Value (2032) |
USD 56.24 billion |
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Base Year |
2023 |
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Forecast Years |
2024 – 2032 |
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Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Based on By Product, By Function, By System Type, By Industry, & Region. |
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Segments Covered |
By Product, By Function, By System Type, By Industry, & By Region. |
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Forecast Units |
Value (USD Million or Billion), and Volume (Units) |
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Quantitative Units |
Revenue in USD million/billion and CAGR from 2024 to 2032. |
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Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. |
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Countries Covered |
U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others. |
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Report Coverage |
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis. |
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Delivery Format |
Delivered as an attached PDF and Excel through email, according to the purchase option. |
Global Automated Material Handling Equipment dynamics
The growing demand for automation in various industries to improve operational efficiency, lower labor costs, and improve supply chain management is a significant driver. To meet rising consumer expectations for fast and accurate order fulfilment, businesses are investing in AMHE solutions such as robotic systems, conveyor belts, and automated guided vehicles (AGVs) to streamline warehouse and distribution operations.
Furthermore, technological advancements play an important role in shaping the AMHE market dynamics. Innovations in robotics, artificial intelligence (AI), and Internet of Things (IoT) are enabling the development of more sophisticated and adaptable automation solutions that can handle complex tasks and adapt to changing operational requirements. Moreover, the integration of advanced software solutions for warehouse management and control further enhances the efficiency and effectiveness of AMHE systems.
In addition, regulatory requirements, industry standards, and environmental considerations all have an impact on AMHE market dynamics. As governments implement regulations to ensure workplace safety and product quality, manufacturers and operators of AMHE systems must comply, resulting in the adoption of advanced safety features and risk mitigation strategies. Furthermore, growing concerns about sustainability and carbon emissions prompt businesses to seek AMHE solutions that are energy-efficient and environmentally friendly, resulting in the development of eco-friendly technologies and practices within the industry.
Global Automated Material Handling Equipment drivers
The growing demand for automation across industries is a major driver of the Automated Material Handling Equipment (AMHE) market. Businesses are looking for ways to increase efficiency, lower labor costs, and improve supply chain management by implementing automated solutions. With the rise of e-commerce and the need for faster order fulfilment, businesses are relying on AMHE technologies like robotic systems, conveyor belts, and automated guided vehicles (AGVs) to streamline warehouse and distribution operations. This demand for automation is expected to continue growing as businesses strive to remain competitive in a rapidly evolving market landscape.
Continuous technological advancements drive innovation in the AMHE market, allowing it to grow and evolve. Robotics, artificial intelligence (AI), and the Internet of Things (IoT) are driving the development of more sophisticated and adaptable automation solutions. These advancements enable AMHE systems to handle more complex tasks, adapt to changing operational requirements, and boost overall efficiency and productivity.
Furthermore, the addition of advanced software solutions for warehouse management and control expands the capabilities of AMHE systems, giving businesses greater visibility and control over their operations. As technology advances, the AMHE market is expected to see further growth, with new and improved solutions entering the market to meet the changing needs of businesses.
Restraints:
One of the primary restraints for the AMHE market is the high initial investment costs associated with implementing automated solutions. While these technologies offer long-term benefits such as increased efficiency and productivity, the upfront costs can be prohibitive for some businesses, particularly smaller enterprises with limited budgets. Additionally, the complexity of integrating AMHE systems into existing infrastructure can further drive up implementation costs, posing a barrier to adoption for some companies.
Another constraint on the AMHE market is concern about job displacement as a result of increased automation. As businesses invest in AMHE technologies to automate manual tasks, there is concern that jobs previously performed by humans will be replaced by machines. This concern affects not only the workforce, but also the ethical and social implications of automation. To address these concerns, businesses and policymakers should implement workforce reskilling and upskilling strategies to ensure that employees can transition to new roles that complement automated technologies.
Opportunities:
The continued expansion of e-commerce creates significant opportunities for the AMHE market. As more people shop online, businesses are under pressure to meet the growing demand for fast and accurate order fulfilment. This necessitates advanced AMHE solutions capable of managing the complexities of e-commerce logistics, such as rapid order processing, inventory management, and last-mile delivery. This growing market opportunity will benefit companies that can provide innovative AMHE technologies tailored to the needs of e-commerce retailers.
Segment Overview
The segmentation by product includes a wide range of automated material handling equipment (AMHE) including robots, automated storage and retrieval systems (ASRS), conveyor and sortation systems, cranes, autonomous mobile robots (AMR), automated guided vehicles (AGV), tow vehicles, unit load carriers, pallet trucks, forklift trucks, hybrid vehicles, and others. Each product category serves a specific function within the material handling process, from the movement and storage of goods to the loading and unloading of materials. These products are designed to cater to diverse industry needs, offering solutions for tasks such as assembly, packaging, transportation, distribution, storage, and waste handling.
AMHE is segmented by function according to their primary operational roles within the supply chain. These functions include assembly, packaging, transportation, distribution, storage, and waste management. Each function is an important step in the material handling process, and automated solutions are intended to streamline operations and increase efficiency in each area. Whether it's automating assembly lines, optimizing packaging processes, or improving transportation and distribution operations, AMHE systems play a vital role in improving productivity and lowering costs across various industries.
AMHE is segmented based on system type into unit load and bulk load material handling systems. Unit load systems are designed to handle single items or loads, such as pallets or containers, whereas bulk load systems are designed to handle larger volumes of materials, such as grains, liquids, or raw materials. Each system type provides distinct capabilities tailored to specific material handling requirements, such as the efficient movement of standardized loads or the handling of bulk materials in large quantities. AMHE providers can address diverse industry needs and operational requirements by providing a variety of system types.
Segmentation by industry identifies the diverse sectors that rely on AMHE solutions to optimize their material handling processes. These industries include automotive, food and beverages, metals and heavy machinery, chemicals, semiconductor and electronics, healthcare, aviation, e-commerce, and others. Each industry has its own unique material handling challenges and requirements, from the high-volume production lines of automotive manufacturing to the strict hygiene standards of food and beverage processing. AMHE providers must understand the specific needs and regulations of each industry to develop tailored solutions that address their unique challenges and improve operational efficiency.
Global Automated Material Handling Equipment Overview by Region
North America is a significant market due to the widespread adoption of automation in industries such as e-commerce, automotive, and food and beverage. The region benefits from advanced technological capabilities and a strong logistics infrastructure, which drives demand for AMHE solutions. Similarly, Europe has a mature market with strict regulations and a focus on sustainability, resulting in the adoption of eco-friendly AMHE technologies.
Asia Pacific emerges as a profitable market, propelled by rapid industrialization, urbanization, and the growing e-commerce sector in countries like China, Japan, and India. These countries are witnessing significant investments in AMHE infrastructure to support the expanding manufacturing and logistics sectors. Latin America and the Middle East & Africa regions exhibit growing demand for AMHE solutions driven by infrastructure development initiatives and increasing industrialization. However, market growth in these regions may be tempered by economic challenges and political instability.
Global Automated Material Handling Equipment market competitive landscape
Major companies such as Daifuku Co., Ltd., Dematic Corporation, and Honeywell International Inc. dominate the market with a diverse range of AMHE solutions and a global footprint. These industry leaders are constantly investing in R&D to innovate and improve their product offerings, focusing on technologies like robotics, AI, and IoT to meet changing customer demands for automation and efficiency.
Furthermore, strategic partnerships, mergers, and acquisitions are common strategies used by these companies to broaden their market reach, diversify their product portfolios, and improve their competitive position. Alongside these industry giants, a multitude of smaller and niche players contribute to the competitive landscape by offering specialized AMHE solutions tailored to specific industries or applications. However, these smaller players often face challenges such as limited resources and brand recognition, requiring them to focus on niche markets or technological innovation to compete effectively.
Key Players:
Global Automated Material Handling Equipment Recent Developments
Scope of global Automated Material Handling Equipment report
Global Automated Material Handling Equipment report segmentation
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Objectives of the Study
The objectives of the study are summarized in 5 stages. They are as mentioned below:
Research Methodology
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Data Collection
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Primary Research
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Secondary Research
A secondary research process is conducted to identify and collect information useful for the extensive, technical, market-oriented, and comprehensive study of the market. Secondary sources include published market studies, competitive information, white papers, analyst reports, government agencies, industry and trade associations, media sources, chambers of commerce, newsletters, trade publications, magazines, Bloomberg BusinessWeek, Factiva, D&B, annual reports, company house documents, investor presentations, articles, journals, blogs, and SEC filings of companies, newspapers, and so on. We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
Top-Down Approach & Bottom-Up Approach
In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.
In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.
This is one of the most reliable methods as the information is directly obtained from the key players in the market and is based on the primary interviews from the key opinion leaders associated with the firms considered in the research. Furthermore, the data obtained from the company sources and the primary respondents was validated through secondary sources including government publications and Bloomberg.
Market Analysis & size Estimation
Post the data mining stage, we gather our findings and analyze them, filtering out relevant insights. These are evaluated across research teams and industry experts. All this data is collected and evaluated by our analysts. The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. The market size, in terms of value and volume, is determined through primary and secondary research processes, and forecasting models including the time series model, econometric model, judgmental forecasting model, the Delphi method, among Flywheel Energy Storage. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously.
Quality Checking & Final Review
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