Automated Material Handling Equipment Market Report 2021-26: Industry Trends, Share, Size, Demand


Automated Material Handling Equipment Market

Automated Material Handling Equipment Market

Looking forward, IMARC Group expects the global automated material handling equipment market to continue its moderate growth during the next five years.

STE R SHERIDAN, WYOMING, UNITED STATES, January 31, 2022 / -- According to IMARC Group’s latest report, titled “Automated Material Handling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global automated material handling equipment market grew at a CAGR of around 8% during 2015-2020. Material handling includes a wide range of activities, such as movement, storage, control, protection, etc., which are performed during manufacturing, warehousing, distribution, consumption, and disposal of products and materials. Nowadays, it is commonly conducted using automated handling equipment to minimize human intervention and improve logistics management. It also helps in forecasting, resource allocation, production planning, inventory control, after-sales support, and services, etc. As a result, this equipment helps in providing better customer service, reducing inventory, shortening delivery time, lowering overall handling costs, etc.

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Rising levels of industrialization, along with the emergence of the Industry 4.0 trends, are primarily driving the market growth. Moreover, multiple leading companies in several sectors such as aerospace, agriculture, automotive, construction, etc., are increasingly utilizing next-generation material handling equipment to modernize manufacturing processes, increase warehouse operation flexibility, and enhance supply chain transparency. Additionally, various key players are emphasizing on mergers and acquisitions (M&A), collaborations, partnerships, etc., with other companies to produce innovative products. Furthermore, the rising shift towards remote working models due to the COVID-19 outbreak manufacturers are focusing on automating and digitizing supply chains. Besides this, the growing adoption of the internet of things (IoT), artificial intelligence (AI), radio frequency identification (RFID) technologies, etc., are expected to further propel the market growth in the coming years. Looking forward, IMARC Group expects the global automated material handling equipment market to continue its moderate growth during the next five years.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

BEUMER Group GmbH & Co. KG
Daifuku Co. Ltd.
Honeywell International Inc.
JBT Corporation
Kion Group AG
KUKA Aktiengesellschaft (Midea Group Co. Ltd.)
Murata Machinery Ltd.
TGW Logistics Group GmbH
Toyota Industries Corporation
Viastore Systems GmbH.

Market Segmentation:

Breakup by Component:


Breakup by Product:

Conveyors and Sorting Systems
Automated Storage and Retrieval Systems
Automated Guided Vehicles    

Breakup by Function:


Breakup by System Type:

Unit Load
Bulk Load

Breakup by End Use Industry:

Semiconductor and Electronics
Food and Beverages

Breakup by Region:

North America
United States
Asia Pacific
South Korea
United Kingdom
Latin America
Middle East and Africa

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Key highlights of the report:                                                    

Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 6317911145
email us here


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