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Automated Material Handling Equipment - Global Market Trajectory & Analytics

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    Report

  • 854 Pages
  • July 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3666249

Global Automated Material Handling Equipment Market to Reach $59.5 Billion by 2026


Automated material handling focuses on eliminating manual labor for material handling operations such as moving, sorting, organizing and retrieving of materials. Automated material handling offers an accurate, efficient and cost-effective approach for faster and easy movement of materials/goods throughout the facility. Adapting manufacturing for COVID-19 crisis will require automation and Industry 4.0, which in turn will substantially increase the growth potential for manufacturing automation market. Technologies such as automated assembly lines, real-time plant monitoring equipment, and manufacturing data collection system, will gain traction among industrial enterprises seeking to manage their facilities with fewer staff. Automated material handling equipment such as robotic systems find extended use in the aerospace industry. The use of automated baggage handling systems is gaining prominence in airports, due to the growing need for security and the subsequent adoption of stringent guidelines for ensuring the same. Material handling in the automobile industry mostly comprises automated handling systems such as robots that are used for spot welding and related tasks. Food & beverage industry players are increasingly using automated systems for a range of manufacturing, packaging and distribution operations.

Amid the COVID-19 crisis, the global market for Automated Material Handling Equipment estimated at US$43.8 Billion in the year 2022, is projected to reach a revised size of US$59.5 Billion by 2026, growing at a CAGR of 7.2% over the analysis period. Robots, one of the segments analyzed in the report, is projected to record a 9% CAGR and reach US$30 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Automated Storage & Retrieval Systems (ASRS) segment is readjusted to a revised 6.4% CAGR for the next 7-year period. Robots are becoming viable options for tasks where there is considerable risk to humans. Material handling robots can be used to feed, transfer or disengage tools and parts, from one location or one machine to another. The ability of robots to work around-the-clock without fatigue has extended the use of robotics in packaging applications. An ASRS is the combination of several equipment and equipment controls which not just store and handle but also retrieve materials with a defined level of automation. ASRS can greatly save on labor costs and also accommodate specialized storage needs of warehouses. Modern ASRS are also suitable for temperature-controlled product storage and retrieval.

The U.S. Market is Estimated at $8.2 Billion in 2022, While China is Forecast to Reach $14.2 Billion by 2026


The Automated Material Handling Equipment market in the U.S. is estimated at US$8.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14.2 Billion by the year 2026 trailing a CAGR of 8.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 6.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.

Conveyors & Sortation Systems Segment to Reach $8.3 Billion by 2026


Automated conveyor systems are useful for repeated transportation of raw materials or finished goods or components in distribution centers or production facilities. Sortation systems, on the other hand, are utilized for merging, identifying, inducting, separating and conveying products to particular destinations. The use of conveyor and sortation systems facilitates in greater efficiency in manufacturing, wholesale, retail and distribution functions. These systems aid in saving labor costs, since large volumes of products or material can be rapidly sorted. In the global Conveyors & Sortation Systems segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.7 Billion will reach a projected size of US$6.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2026.

Select Competitors (Total 262 Featured):

  • Bastian Solutions
  • BEUMER Group GmbH & Co. KG
  • Daifuku Co., Ltd.
  • Flexlink AB
  • Honeywell Intelligrated
  • Hytrol Conveyor Co., Inc.
  • Jungheinrich AG
  • Kardex AG
  • KION Group AG
  • Mecalux, S.A
  • Murata Machinery, Ltd.
  • SSI SCHAEFER
  • Swisslog Holding AG
  • Toyota Industries Corporation
  • Vanderlande Industries Nederland B.V.

What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to the digital archives
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Automated Material Handling Equipment

What is the estimated value of the Global Market for Automated Material Handling Equipment?

The Global Market for Automated Material Handling Equipment was estimated to be valued at $43.8 Billion in 2022.

What is the growth rate of the Global Market for Automated Material Handling Equipment?

The growth rate of the Global Market for Automated Material Handling Equipment is 8.0%, with an estimated value of $59.5 Billion by 2026.

What is the forecasted size of the Global Market for Automated Material Handling Equipment?

The Global Market for Automated Material Handling Equipment is estimated to be worth $59.5 Billion by 2026.

Who are the key companies in the Global Market for Automated Material Handling Equipment?

Key companies in the Global Market for Automated Material Handling Equipment include Bastian Solutions, BEUMER Group GmbH & Co. KG, Daifuku Co., Ltd., Flexlink AB, Honeywell Intelligrated, Hytrol Conveyor Co., Inc., Jungheinrich AG, Kardex AG and Mecalux, S.A.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Automated Material Handling Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
  • So How Fast Or Slow Are We Moving?
  • How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Progress on Vaccinations, Why Should Businesses Care?
  • These are Times When Questions Abound & Answers Are Few
  • With IMF’s Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About a Global Economic Comeback.
  • A Strong 2021 Economic Rebound Based On Pent-Up Demand Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
  • A Retrospective Review of Year 2020 as the Worst Year in Humanity’s History that Left the World in Shambles & Industries and Markets Upended
  • How Manufacturing, Automotive, Supply Chains, Logistics & Transport Have & Continue to be Impacted by the Pandemic & What’s the New Normal?
  • Automotive End-Use Industry
  • Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Manufacturing & Machinery End-Use Industry
  • Global Machine Tools Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Global Manufacturing Automation Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Transportation & Logistics End-Use Sector
  • Global Transportation Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Automated Material Handling Equipment: Definition, Scope & Types
  • Recent Market Activity
  • Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Digital Rebound of Businesses & Industries to Provide the Cornerstone for Growth of Automated Material Handling Equipment in the Post Pandemic Period
  • Here’s How Intelligent Automation as Part of Digital Transformation Is Gaining Rapid Momentum Amid the Pandemic
  • Trend Towards Industry 4.0, Prevalent Even During the Pre-Pandemic Period, Will Continue to Spur Growth in the Market
  • Special Focus on AGVs in Smart Factories
  • 3x Faster Acceleration in E-Commerce Induced by the Pandemic Brings Out Automated Fulfilment of E-Commerce Orders as a Major Disruptive Growth Driver
  • Automated Parcel Sortation Systems Ride High on the Rapid Growth of e-Commerce Market
  • Global e-Commerce Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Need for Optimum Space Usage and Increased Supply Chain Automation Drives Demand for Automated Storage and Retrieval Systems (ASRS)
  • Reshoring Manufacturing Operations in the Post-Pandemic World, a Notable Growth Driver in Developed Markets
  • Massive Post Pandemic Shift to Automated Warehousing Technologies Spurs Demand for Automated Material Handling Equipment
  • Integration of Automated Material Handling Equipment with Warehouse Management, a Major Growth Driver
  • Special Focus on How Automated Storage and Retrieval Systems (ASRS) Enable Warehouse Automation
  • Automated Lift Trucks to Witness Increasing Adoption
  • IoT, A Game Changer in Material Handling! Wondering How? Read On
  • Strong Demand for Packaged Foods Amid the Pandemic Bodes Well for Modernization of Material Handling Equipment in the Food & Beverage Industry
  • As Production Slowly Recovers, Auto OEMs Focus on Production Efficiency to Make Up for Losses Sustained in the Dormant Production Period
  • Advanced Material Handling Equipment Leverage AI and Machine Learning to Increase Efficiency and Reliability
  • Big Data Analytics to Revolutionize Material Handling Operations
4. GLOBAL MARKET PERSPECTIVEIII. MARKET ANALYSIS
UNITED STATES
  • Automated Material Handling Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
CANADA
JAPAN
  • Automated Material Handling Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
CHINA
  • Automated Material Handling Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
EUROPE
  • Automated Material Handling Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
FRANCE
  • Automated Material Handling Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Automated Material Handling Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Automated Material Handling Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Automated Material Handling Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
REST OF WORLD
IV. COMPETITION
  • Total Companies Profiled: 262

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Bastian Solutions
  • BEUMER Group GmbH & Co. KG
  • Daifuku Co., Ltd.
  • Flexlink AB
  • Honeywell Intelligrated
  • Hytrol Conveyor Co., Inc.
  • Jungheinrich AG
  • Kardex AG
  • KION Group AG
  • Mecalux, S.A
  • Murata Machinery, Ltd.
  • SSI SCHAEFER
  • Swisslog Holding AG
  • Toyota Industries Corporation
  • Vanderlande Industries Nederland B.V.