Automated Material Handling (AMH) Equipment Market

Global Automated Material Handling (AMH) Equipment Market is valued at USD 23.29 Billion in 2021 and expected to reach USD 41.79 Billion by 2028 with a CAGR of 8.71% over the forecast period.

Scope of Global Automated Material Handling Equipment Market

Automated material handling equipment make an effective transport of material from one place to another in the manufacturing area within the analogous department or bay, on contrary ends of the manufacturing bottom, or indeed in two separate structures. These equipments help a facility with an efficient material handling system without delays during their fulfillment processes. Automated handling equipment encompasses many machines such as tilt tables, scissor lift tables, loading dock equipment, pallet positioners, and conveyor belts. Thus, these automated equipments work to make the operations more efficient and cost-effective.

Some of the major advantages of automated material handling equipment are: maximize warehouse space, reduce employee hazards, improve supply chain efficiency, more effective quality control and enhanced customer satisfaction. In any type of transport, these equipments are most salutary when the material information is, at a minimum, available and visible in the systems used by manufacturing staff. In a completely enforced automated material handling equipment, there would be no human import with carriers, transport systems or material; the automated material handling equipment would singly handle the identification, routing and delivered of material to the applicable tool, indeed placed and removed the material from the cargo anchorages on the tool.

Global Automated Material Handling (AMH) Equipment Market: Global Size, Trends, Competitive, Historical & Forecast Analysis to 2022-2028, Increasing demand of automated storage and retrieval system (ASRS) in e-commerce industry due to onset of Covid-19, rising number of product offerings and growing popularity of automated material handling equipments among leading industries, are driving the growth of the Global Automated Material Handling Equipment market.

Covid-19 pandemic has also impacted the growth of the global automated material handling equipment market owing to the affect on automated material handling equipment requests, performing in dropped shipments of AMH equipment and the earnings generated from them. And, it led to a decline in the growth trend of the request during the initial stage of the Covid-19. But this is expected to recover in the later stage due to the growing concern material running. The pandemic has mainly impacted the value chain of the AMH equipment request.

Global automated material handling equipment market is segmented on the basis of products, system type, industry and region & country level. On the basis of products, the automated material handling equipment market is segmented into robotic systems, automated storage and retrieval system (ASRS), conveyors & sortation systems, cranes, warehouse management system (WMS) and automated guided vehicle (AGV). On the basis of system type, the market is segmented into unit load material handling systems and bulk load material handling systems. On the basis of industry, the automated material handling equipment market is segmented into automotive, semiconductor & electronics, metals & heavy machinery, chemicals, food & beverages, e-commerce, healthcare, aviation, third party logistics (3PL) and others.

The regions covered in Global Automated Material Handling Equipment market report are North America, Europe, Asia-Pacific, Latin America and Rest of the World. On the basis of country level, the market of Global Automated Material Handling Equipment is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (UAE, Egypt, Saudi Arabia) GCC, Africa, etc.

Automated Material Handling Equipment Manufacturers

• Daifuku
• KION
• SSI Schaefer
• Toyota Industries
• Honeywell International
• Hyster-Yale Material Handling
• Jungheinrich
• Hanwha
• John Bean Technologies
• KUKA
• Beumer
• KNAPP
• Murata Machinery
• TGW Logistics
• Viastore and others.

Automated Material Handling Equipment Segmentation

By Product

• Robotic Systems
• Automated Storage and Retrieval System (ASRS)
• Conveyors & Sortation Systems
• Warehouse Management System (WMS)
• Automated Guided Vehicle (AGV)

By System Type

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

By Industry

• Automotive
• Semiconductor & Electronics
• Metals & Heavy Machinery
• Chemicals
• Food & Beverages
• E-commerce
• Healthcare
• Aviation
• Third-Party Logistics (3PL)
• Others

Major Factors for Automated Material Handling Equipment Market 

Increasing Demand from Automated Storage And Retrieval System (ASRS) in E-Commerce Industry due to the Onset of Covid-19, Rising Number of Product Offerings and Growing Popularity of Automated Material Handling Equipments among Leading Industries, are Driving the Market Growth

One of the major factors driving the growth of global automated material handling equipment market is increasing demand for automated storage and retrieval system (ASRS) in the e-commerce industry due to the onset of Covid-19. The e-commerce assiduity is passing a smash owing to the unknown rise in the number of online shoppers post the outbreak of Covid-19. The enforcement of social distancing morals, lockdowns, and other measures in response to the pandemic has led consumers to opt for online shopping. This has redounded in a shaft in business-to-consumer (B2C) deals and business-to-business (B2B) e-commerce. This has increased the demand for automated material handling equipment as wing to increase the number of orders and labor shortages. According to NASSCOM; despite Covid-19 challenges/dislocations, India’s-commerce request continues to grow at 5, with anticipated deals of US$ 56.6 billion in 2021. According to Payoneer report; Indian commerce is projected to increase from four of the total food and grocery, vesture and consumer electronics retail trade in 2020 to eight by 2025 as well as according to the IBEF, in 2020, there were roughly 150 million online shoppers annually, compared to about 135 million online shoppers in 2019 in India.

Additionally, the increasing number of product offerings and rising number of start-ups in various industries are also supplementing the demand for automated material handling equipments. According to the Indian Start-up Ecosystem, India has the 3rd leading start-up ecosystem in the world; its observe YoY growth of consistent annual growth of 12-15%. India has about 50,000 start-ups in India in 2018; around 8,900 – 9,300 of these are technology-managed start-ups 1300 new tech start-ups were born in 2019 alone implying there are 2-3 tech start-ups born every day. Additionally, according to the International Federation of Robotics (IFR) in the year 2020, an expected 1.64 million industrial robots were in operation worldwide. Moreover, Amazon's largest U.S. warehouse is in Mt. Juliet, Tennessee. It's the company's first robotics fulfillment center with a 3.6 million-square-foot campus including 80,000 square feet of office space and five stories of automated warehouse facilities. According to Amazon Robotics As of June 2019, Amazon had more than 200,000 of robots working in their warehouses. Furthermore, surging labour costs and safety concerns are also fostering the growth of the AMH equipment market.

However, the issues similar as rise in prices, high expenditure on capital, and high maintenance costs of equipment and systems may hamper the market growth. In spite of that, increasing challenge towards the end-use industries lies in the choosing of technology that is sufficient for the business needs and balances the trade-off between the performance and cost of the automated material handling equipment and systems which helps in improving fuel economy all across the globe and hence may offer various growth opportunities for the further growth of the market.

Automated Material Handling Equipment Market Regional Analysis

The Asia Pacific is Expected to Show the Fastest Growth in the Global Automated Material Handling Equipment Market

Asia Pacific is expected to witness the fastest growth in the global automated material handling equipment market due to the increasing demand for warehouse automation, and the growing e-commerce business in this region. According to The University of Tokyo; Japan has been the world’s highest exporter of robots in terms of the value of shipments and the number of operating units. In Japan, the robotics market is booming owing to the increased need to avoid in-person contact amid the Covid-19 pandemic. The increase in robotics demand resulted in the increase in the investment by manufacturers in advanced technologies such as image processing and artificial intelligence to achieve remote control services.

Europe is expected to show significant growth in the global automated material handling equipment market due to the high adoption of advanced products to support large-scale industrial presence and high investment on research & development in this field in this region. In addition to industrial markets, the e-commerce sector driven by same-day supply models has also contributed to the regional demand in 2020, a trend expected to continue over the next few years. The average robot density in Europe is 99. According to the Robotics in Europe, euRobotics; Europe starts from a strong point in robotics, having a 32% of current world markets. One of the major factors driving the demand for global automated material handling equipment in this region is the strong production of motor vehicles prior to the coronavirus pandemic. Additionally, Europe has many industries ranging from food and beverage to electronics manufacturing, in 2020, Germany was the leading automobile manufacturing country in Europe with approximately 3.4 million passenger cars and approximately 147,000 commercial vehicles produced. Germany is one of the biggest automotive markets worldwide.

Recent Development

Honeywell Announced New Automated Storage and Retrieval System

On November 11th, 2021; Honeywell International Inc. announced a new automated storage and retrieval system that it said uses artificial intelligence and machine learning to allow warehouse and distribution center operators to better keep up with unprecedented e-commerce growth. Honeywell also said its scalable automation can efficiently manage more than 20,000 SKUs using high-speed shuttles with configurable end and intra-aisle vertical lift locations. Combined with Honeywell Intelligrated's Momentum Warehouse Execution System with Decision Intelligence, once an order comes to the distribution center system, the shuttle will retrieve goods from one or more aisles and deliver them directly to a goods-to-person station for order consolidation. The shuttles are suitable for operations that handle small cases, trays, and totes, according to the company.

By Regional & Country Level

North America

• U.S
• Canada

Europe

• Germany
• France
• U.K
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2021 - 2028
Market Size in 2021:	USD 23.29 Billion
Base year considered	2020
Forecast Period CAGR %:	8.71%
Market Size Expected in 2028:	USD 41.79 Billion
Tables, Charts & Figures:	175
Pages	300
Automated Material Handling Equipment Market Manufacturers	Daifuku, KION, SSI Schaefer, Toyota Industries, Honeywell International, Hyster-Yale Material Handling, Jungheinrich, Hanwha, John Bean Technologies, KUKA, Beumer, KNAPP, Murata Machinery, TGW Logistics, Viastore and others.
Segments Covered	By Product, By System Type, By Industry
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa