The Japan automated material handling equipment market size was valued at $4,270.0 million in 2020 and is projected to reach $10,342.8 million by 2030, registering a CAGR of 9.2% from 2021 to 2030. Automated Material Handling refers to any system that reduces or eliminates the need for humans to enter, depart, sort, and transfer heavy-weight goods and bulk-material containers. Conveyors, singulators, check-in machines, stackers, and unstackers are examples of mechanical equipment used in Automated Material Handling Systems. The market is primarily driven by technical developments in areas such as robots, wireless technologies, and autonomous cars, as well as an increase in industry need for automation.
The market comprises several components including hardware, software, and services. Hardware components include automated guided vehicles, automated storage & retrieval systems, automated cranes, robotic systems, and automated conveyor & sortation systems. Software is required to control and manage the operation of automated material handling equipment. Therefore, few key players of Japan are implementing strategic moves such as partnership which positively impact the hardware component. For instance, in May 2021, Third Wave Automation, Inc. and Toyota Industries Corporation has announced a strategic partnership to produce the next generation of intelligent, fully autonomous material handling vehicles. By integrating intelligent robotics into material handling vehicles, which can be deployed rapidly and evolve dynamically.
The Japan automated material handling equipment market is segmented on the basis of product type, system type, component, application and industry vertical. By product type, the market is divided into automated guided vehicle, automated storage & retrieval system, automated crane, robotic system and automatic conveyor & sortation system. By system type, it is divided into unit load material handling system and bulk load material handling system. By component, the market is divided into hardware, software and services. By application, it is divided into assembly, packaging, transportation, distribution, storage and waste handling. By industry vertical, the market is divided into grocery, general merchandise, apparel, food & beverages, parcel, wholesale, third party logistics, durable manufacturing, non-durable manufacturing and healthcare.
COMPETITION ANALYSIS
Key companies profiled in the Japan automated material handling equipment market report include Daifuku Co., Ltd., IHI Asia Pacific Pte. Ltd, Maxpull Machinery & Engineering Co., Ltd, Sumitomo Heavy Industries, Tsubakimoto Chain Group, Toyota Industries Corporation, Murata Machinery, Ltd., TOYO Kanetsu K.K., Okura Yusoki Co., Ltd., Seibu Electric & Machinery Co., Ltd.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging Japan automated material handling equipment market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2030.
- Extensive analysis of the Japan automated material handling equipment market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
- The Japan automated material handling equipment market forecast analysis from 2021 to 2030 is included in the report.
- The key market players within Japan's automated material handling equipment market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the Japan automated material handling equipment industry.
KEY SEGMENTS
BY PRODUCT TYPE
- Automated Guided Vehicle
- Automated Storage & Retrieval System
- Automated Crane
- Robotic System
- Automatic Conveyor & Sortation System
BY SYSTEM TYPE
- Unit Load Material Handling System
- Bulk Load Material handling system
BY COMPONENT
- Hardware
- Software
- Services
BY APPLICATION
- Assembly
- Packaging
- Transportation
- Distribution
- Storage
- Waste Handling
BY INDUSTRY VERTICAL
- Grocery
- General merchandise
- Apparel
- Food & Beverages
- Parcel
- Wholesale
- Third Party Logistics
- Durable Manufacturing
- Non-Durable Manufacturing
- Healthcare
Key Players
- Daifuku Co., Ltd.
- IHI Asia Pacific Pte. Ltd
- Maxpull Machinery & Engineering Co. Ltd
- Sumitomo Heavy Industries
- Tsubakimoto Chain Group
- Toyota Industries Corporation
- Murata Machinery, Ltd.
- TOYO Kanetsu K.K.
- Okura Yusoki Co., Ltd.
- Seibu Electric & Machinery Co., Ltd
Report Attribute | Details |
---|---|
No. of Pages | 164 |
Published | September 2021 |
Forecast Period | 2020 - 2030 |
Estimated Market Value ( USD | $ 4270 million |
Compound Annual Growth Rate | 9.2% |
Regions Covered | Japan |
Table of Contents
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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