Pune, India, Oct. 13, 2021 (GLOBE NEWSWIRE) -- According to MarketStudyReport, worldwide automated material handling (AMH) market size is anticipated to record a CAGR of 12.7% over the analysis timeline 2021-2027. The industry growth is driven by several factors including fast-paced technological advancements, and rapid growth of e-commerce sector.
As per the study, the industry landscape is fragmented with respect to product gamut, equipment type, and end-user scope. Different regions contributing towards the market remuneration and their quantitative and qualitative factors are also entailed in the report. It further outlines the competitive framework by providing business profiles of major companies, with their product offerings.
According to Statista, global retail e-commerce sales amounted to USD 4.28 trillion in 2020, and is slated to reach USD 5.4 trillion by the end of 2022.
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For those uninitiated, material handling equipment are mechanical devices that store, move, manage, and safeguard products and goods during manufacturing, consumption, circulation, and clearing processes. The primary objective of such systems is to enhance productivity, product quality, and labor safety, as well as to reduce labor & operational costs and lead times.
Despite the positive industry outlook, development over 2021-2027 is likely to be inhibited by high switching and integrations costs, as well as high initial investment required for automated material equipment handling in SMEs.
Market segmentation summary
Based on product type, global automated material handling (AMH) market is classified into software, hardware, and services. By equipment, the industry classification comprises mobile robot, palletizer, automated storage & retrieval system, sortation system, and automated conveyor. Elaborating on end-user spectrum, the business vertical is split into airport, pharmaceuticals, food & beverages, automotive, and general manufacturing sectors.
Geographical scope
Geographically, the report on segments worldwide automated material handling (AMH) market industry into North America, Europe, Latin America, Asia Pacific, and Rest of the World. Among these, Asia Pacific currently captures a major market share owing to surging e-commerce sales, and substantial presence of prominent technology providers in the region. Additionally, expanding middle-class population in emerging economies such as China, Indonesia, and India, as well as increasing penetration of mobile devices have caused a significant increase in retail e-commerce throughout Asia Pacific, which is further propelling the regional market growth.
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Global Automated Material Handling (AMH) Market, by Product Gamut (Revenue, USD Billion, 2018-2027)
- Software
- Hardware
- Services
Global Automated Material Handling (AMH) Market, by Equipment Type (Revenue, USD Billion, 2018-2027)
- Mobile robot
- Palletizer
- Automated Storage & Retrieval System
- Sortation System
- Automated Conveyor
Global Automated Material Handling (AMH) Market, by End-User Scope (Revenue, USD Billion, 2018-2027)
- Airport
- Pharmaceuticals
- Food & Beverages
- Automotive
- General Manufacturing
Global Automated Material Handling (AMH) Market, by Regional Outlook (Revenue, USD Billion, 2018-2027)
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Italy
- ROE
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Latin America
- Brazil
- Mexico
Rest of the World
Global Automated Material Handling (AMH) Market, by Competitive Landscape (Revenue, USD Billion, 2018-2027)
- Knapp AG
- Kion Group AG
- Mecalux SA
- Kardex Group
- System Logistics S.p.A.
- TGW Logistics Group
- Jungheinrich AG
- SSI Schaefer AG
- Daifuku Co. Ltd.
- JBT Corporation
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Automated Material Handling Market, by Region, 2019-2027 (USD Billion)
1.2.2. Automated Material Handling Market, by Product type, 2019-2027 (USD Billion)
1.2.3. Automated Material Handling Market, by Equipment type, 2019-2027 (USD Billion)
1.2.4. Automated Material Handling Market, by End user, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automated Material Handling Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automated Material Handling Market Dynamics
3.1. Automated Material Handling Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Rapid growth of e-commerce sector
3.1.1.2. Incremental technological advancements aiding market growth
3.1.2. Market Restraint
3.1.2.1. High integration and switching costs
3.1.2.2. High upfront cost of AMH equipment for SMEs
3.1.3. Market Opportunities
3.1.3.1. Digitization of supply chain processes with integration of IoT and AMH equipment
3.1.3.2. Presence of huge intralogistics sector in Southeast Asia
Chapter 4. Global Automated Material Handling Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Automated Material Handling Market, by Product type
5.1. Market Snapshot
5.2. Global Automated Material Handling Market by Product type, Performance - Potential Analysis
5.3. Global Automated Material Handling Market Estimates & Forecasts by Product type2018-2027 (USD Billion)
5.4. Automated Material Handling Market , Sub Segment Analysis
5.4.1. Hardware
5.4.2. Software
5.4.3. Services
Chapter 6. Global Automated Material Handling Market, by Equipment type
6.1. Market Snapshot
6.2. Global Automated Material Handling Market by Equipment type, Performance - Potential Analysis
6.3. Global Automated Material Handling Market Estimates & Forecasts by Equipment type 2018-2027 (USD Billion)
6.4. Automated Material Handling Market , Sub Segment Analysis
6.4.1. Mobile Robot
6.4.2. Automated Storage and Retrieval System
6.4.3. Automated Conveyor
6.4.4. Palletizer
6.4.5. Sortation System
Chapter 7. Global Automated Material Handling Market, by End user
7.1. Market Snapshot
7.2. Global Automated Material Handling Market by End user, Performance - Potential Analysis
7.3. Global Automated Material Handling Market Estimates & Forecasts by End user 2018-2027 (USD Billion)
7.4. Automated Material Handling Market , Sub Segment Analysis
7.4.1. Airport
7.4.2. Automotive
7.4.3. Food And Beverages
7.4.4. General Manufacturing
7.4.5. Pharmaceuticals
Chapter 8. Global Automated Material Handling Market, Regional Analysis
Related Report:
Material Handling Equipment Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 - 2027
Reports estimate that the global material handling equipment market size will continue to garner momentum over the next few years, between 2021-2027, with rapid expansion of manufacturing and industrial sectors. The proliferation of ecommerce will further augment the market trends in the forthcoming years. Considering the regional landscape, the market for material handling equipment in North America is projected to record commendable growth. The regional growth will be mainly propelled by the widespread adoption of ecommerce platforms. The expanding ecommerce sector in the region is encouraging online retailers to implement sophisticated machinery and equipment in manufacturing facilities and warehouses for efficient material handling. The regional manufacturers are working on designing innovative solutions that can meet the specific requirements of the end-use industry. Recently in March 2021 for instance, Packline Materials Handling in collaboration with Ultrasource LLC had launched a new roll handling equipment designed to handle heavy rolls of foil or film with a core diameter of 6 inches or more.
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