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Asia Pacific (APAC) Automated Material Handling Market - Forecasts from 2021 to 2026

  • ID: 5351030
  • Report
  • May 2021
  • Region: Asia Pacific
  • 92 pages
  • Knowledge Sourcing Intelligence LLP

FEATURED COMPANIES

  • Daifuku Co., Ltd.
  • JBT Corporation
  • Kardex Group
  • Kuka AG
  • Murata Machinery Ltd.
  • System Logistics
The Asia Pacific (APAC) automated material handling market is evaluated at US$12.235 billion for the year 2019 and is projected to grow at a CAGR of 8.58% to reach the market size of US$21.775 billion by the year 2026. Automated material handling refers to the automation in movement, control, and storage of materials which mitigates the need of humans and increases the productivity and profitability of the process. The Asia Pacific region is witnessing rapid growth in the e-commerce market, hence an increase in demand in e-commerce shopping, which is prompting the need for an efficient material handling system. This has given rise to an increase in the usage of automated material handling systems in the region and is anticipated to propel the growth of the Asia Pacific automated material handling market during the forecast period. Also, with the government of various countries in the region like China, India, Japan, supporting automation, the adoption of automated material handling has become easier for the companies, which is also one of the factors anticipated to drive the growth of automated material handling in Asia Pacific region.

The recent outbreak of the novel coronavirus disease had a positive impact on the Asia Pacific (APAC) automated material handling market. Countries in the Asia Pacific region like India, China, among others are some of the most affected countries by the COVID-19 pandemic. Due to this, strict COVID-19 measures were implemented and there was a shortage of workers in the industries owing to fear associated with the spread of coronavirus. Hence, to compensate for the shortage of labor, various companies in the region adopted automated material handling which led to growth in the market during the pandemic. For instance, the government of China provided subsidies on the robotics industry, to upgrade the country’s manufacturing and compensate for the workers’ shortage, which led to large-scale adoption of automated material handling systems in the country. The trend of automation in material handling in the Asia Pacific region is anticipated to continue post-pandemic, as the advantages of automated material handling are anticipated to increase its further adoption.

Rising demand from e-commerce.

The drastic rise in demand for e-commerce in the Asia Pacific region has prompted e-commerce companies to find ways to manage material handling in an efficient way, which has led to the rise of automated material handling in the region, especially in countries like China and India, and is anticipated to propel the growth of Asia Pacific automated material handling market during the forecast period. China is already the largest e-commerce marketplace in the world and the World Economic Forum states that the expansion of e-commerce in China is happening at the fastest rate in the world. Also, the strict COVID-19 measures that were implemented in China in 2020, led to a sudden surge in the e-commerce demand in China, owing to which the adoption of automated material handling increased in the country. The Chinese e-commerce company Alibaba recently unveiled an autonomous logistics robot in November 2020. The robot can carry 50 packages and run 100 kilometers on a single charge which helps reduce the expense of deliveries for the company, along with avoiding human contact. Similarly, various companies have been investing in smart logistics technologies like automated robots and other automated material handling systems in the Asia Pacific region. According to United Nations ESCAP, the Asia-Pacific region is the fastest-growing region in the e-commerce marketplace around the world and accounts for the highest share in the global business-to-consumer e-commerce market. According to IBEF, Ministry of Commerce & Industry, Government of India, e-commerce in India is expected to surpass the US as the second-largest e-commerce marketplace in the world after China and is estimated to reach US$99 billion by 2024 from US$30 billion in 2019, expanding at a 27% CAGR. It also states that the Indian online grocery market is estimated to grow from the US $1.9 billion in 2019 to US$ 18.2 billion in 2024. The drastic shift of customers from traditional shopping to e-commerce is projected to surge the growth of the automated material handling market in the Asia Pacific region during the forecast period.

Warehousing automation witnessing substantial growth in the region.

The region has seen a surge in warehousing automation in recent years and is keen on the implementation of more automation in warehousing in the future. In June 2018, the Chinese logistics company JD.com opened an automated warehouse in China that can handle 20 thousand packages every day and employs only four people. In October 2018, the Chinese logistics firm Cainiao started a warehouse with over 700 robots working in it for effective material handling. In June 2020, InVia Robotics was selected by the company Kantsu to provide autonomous mobile robots for its primary distribution center in Osaka, Japan.

China to dominate the market share.

Geographically, China is anticipated to hold a significant market share and is expected to witness substantial growth owing to the support of the government in automating material handling in the country. Automation is one of the prominent emphases of the “Made in China 2025” policy launched by the government of China. Also, China is rapidly automating the material handling in manufacturing and targets to reduce the cost of manufacturing by 30% by 2025, which is anticipated to be one of the reasons for the dominance of China in the APAC automated material handling market during the forecast period.

Competitive Insights

Prominent/major key market players in the Asia Pacific (APAC) automated material handling market include BEUMER Group GmbH & Co. KG, Murata Machinery Ltd., Daifuku Co., Ltd., among others. The players in the Asia Pacific (APAC) automated material handling market are implementing various growth strategies to gain a competitive advantage over its competitors in this market. Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the Asia Pacific (APAC) automated material handling market.

Segmentation:

By-Products
  • Robots
  • Automated Storage and Retrieval System (ASRS)
  • Automated Guided Vehicle (AGV)
  • Conveyors & Sortation Systems
  • Warehouse Management System (WMS)
  • Cranes
By Industry
  • Manufacturing
  • Medical & Healthcare
  • Electronics & Semiconductor
  • Chemicals
  • Retail/Warehousing/Distribution Centers/Logistic Centers
  • Food & Beverages
  • Warehousing
  • Automotive
  • Aviation
  • Others
By Geography
  • China
  • India
  • Japan
  • South Korea
  • Taiwan
  • Thailand
  • Indonesia
  • Others
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Daifuku Co., Ltd.
  • JBT Corporation
  • Kardex Group
  • Kuka AG
  • Murata Machinery Ltd.
  • System Logistics
1. Introduction
1.1. Market Definition
1.2. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of End-Users
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. Asia Pacific (APAC) Automated Material Handling Market Analysis, by Products
5.1. Introduction
5.2. Robots
5.3. Automated Storage and Retrieval System (ASRS)
5.4. Automated Guided Vehicle (AGV)
5.5. Conveyors & Sortation Systems
5.6. Warehouse Management System (WMS)
5.7. Cranes

6. Asia Pacific (APAC) Automated Material Handling Market Analysis, by Industry
6.1. Introduction
6.2. Manufacturing
6.3. Medical & Healthcare
6.4. Electronics & Semiconductor
6.5. Chemicals
6.6. Retail/Warehousing/Distribution Centers/Logistic Centers
6.7. Food & Beverages
6.8. Warehousing
6.9. Automotive
6.10. Aviation
6.11. Others

7. Asia Pacific (APAC) Automated Material Handling Market Analysis, by Geography
7.1. Introduction
7.2. China
7.3. India
7.4. Japan
7.5. South Korea
7.6. Taiwan
7.7. Thailand
7.8. Indonesia
7.9. Others

8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix

9. Company Profiles
9.1. BEUMER Group GmbH & Co. KG
9.2. Murata Machinery Ltd.
9.3. Daifuku Co., Ltd.
9.4. Mecalux SA
9.5. Kardex Group
9.6. KION Group
9.7. JBT Corporation
9.8. Jungheinrich AG
9.9. SSI Schaefer AG
9.10. VisionNav Robotics
9.11. System Logistics
9.12. Interroll Group
9.13. Witron Logistik
9.14. Kuka AG
9.15. Honeywell Intelligrated Inc.
Note: Product cover images may vary from those shown
  • BEUMER Group GmbH & Co. KG
  • Murata Machinery Ltd.
  • Daifuku Co., Ltd.
  • Mecalux SA
  • Kardex Group
  • KION Group
  • JBT Corporation
  • Jungheinrich AG
  • SSI Schaefer AG
  • VisionNav Robotics
  • System Logistics
  • Interroll Group
  • Witron Logistik
  • Kuka AG
  • Honeywell Intelligrated Inc.
Note: Product cover images may vary from those shown
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