Automated Material Handling
Automated Material Handling Market by Component (Services, Systems), Operation (Assembly, Packaging & Distribution, Storage & Transportation), Equipment Type, Application - Global Forecast 2024-2030
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[185 Pages Report] The Automated Material Handling Market size was estimated at USD 32.15 billion in 2023 and expected to reach USD 35.64 billion in 2024, at a CAGR 12.16% to reach USD 71.79 billion by 2030.

Automated material handling (AMH) utilizes advanced technology, machines, and software solutions to manage and move goods within a manufacturing or distribution facility. This approach promotes operational efficiency, responsiveness, and cost-effectiveness by automating repetitive manual tasks, thus enhancing the overall productivity of an organization. The AMH system incorporates automated equipment such as automated guided vehicles (AGVs), conveyor systems, robotics, automated storage and retrieval systems (AS/RS), sortation systems, palletizers, and warehouse management software. These equipment work in tandem to create a seamless flow of materials while minimizing human intervention in storage, retrieval, transportation, packaging, and inventory tracking processes. Automated material handling is revolutionizing the way businesses handle manufacturing and distribution processes. The automated material handling market thrives due to the growing demand for robots in manufacturing and warehousing facilities, accelerated adoption of automated solutions in the industrial sector, and rapid eCommerce growth. However, significant capital requirements for installation and maintenance, lack of skilled workforce, and unexpected downtime may pose challenges. Technological advancements such as integrating AI, 3D vision, IoT, and increasing deployment by SMEs present immense opportunities for this market growth. Organizations can leverage several benefits that increase productivity, cost-efficiency, and competitiveness within their respective operations by employing cutting-edge technological advancements. As global supply chains evolve rapidly, adopting AMH systems can be essential for companies striving to stay ahead of the curve.

Regional Insights

The automated material handling market has been experiencing significant growth and transformation across the globe due to increased demand for automation in industries, advancements in technology, and the need for efficient supply chain management. In the Americas, the automated material handling market has surged due to the expansion of eCommerce businesses and the emphasis on reducing labor costs. Companies are adopting advanced technologies such as robotics and conveyor systems to enhance their operational efficiency, with increasing distribution centers established to cater to the growing demand for online shopping. Moreover, industries such as automotive manufacturing have increasingly turned toward automation to streamline production processes and minimize human errors. In the EMEA region, industrial developments and warehouse modernization initiatives are shaping the growth of the automated material handling market. Europe has been at the forefront, with countries including Germany leading innovations in robotics engineering and Industry 4.0 concepts. The emergence of smart factories fueled by the increasing use of IoT technology significantly contributes to increased adoption rates of automated systems in warehouses.

On the other hand, the Middle East and Africa region has observed a steady increase in investments toward infrastructure development projects, which is anticipated to create opportunities for automated material handling solutions. The APAC region is witnessing rapid growth in the automatic material handling market attributed to increasing manufacturing activities, rising labor costs, and the need for enhanced productivity levels. Regional and international companies operating within this region opt for automation solutions such as robotics and automated guided vehicles (AGVs) to rapidly meet consumer demands. Furthermore, government initiatives like "Made in India" and "Made in China 2025" have spurred domestic manufacturers to embrace novel technologies that can enhance production efficiency.

Automated Material Handling Market
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Market Dynamics

The market dynamics represent an ever-changing landscape of the Automated Material Handling Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Growing demand for robots in manufacturing units and warehousing facilities
    • Accelerating shift towards the automated solutions in industrial sector
    • Rapid growth of eCommerce sector and online purchasing
  • Market Restraints
    • Requirement of huge capital for installation and maintenance
  • Market Opportunities
    • Technological advancements in modern technologies, including AI, 3D vision and IoT
    • Surging deployment of automated material handling equipment by SMEs
  • Market Challenges
    • Dearth of skilled and experienced workforce and unexpected downtime
Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Automated Material Handling Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Automated Material Handling Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Automated Material Handling Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Automated Material Handling Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Automated Material Handling Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Automated Material Handling Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Automated Material Handling Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Automated Material Handling Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Automated Material Handling Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Automated Material Handling Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

Before leveraging the Automated Material Handling Market Research Report by 360iResearch, we faced significant challenges in optimizing our warehousing operations and integrating advanced robotics solutions. The report provided invaluable insights and actionable strategies specifically tailored to our industry needs. By addressing the growing demand for robots in manufacturing units and warehousing facilities, we successfully streamlined our processes, increased efficiency, and reduced costs. We are extremely satisfied with how the report positively impacted our operations and highly recommend it to others in the industry.
TGW Logistics Group GmbH
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FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automated Material Handling Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automated Material Handling Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Toyota Material Handling Launches Three New Electric Models

    Toyota Material Handling (TMH), the manufacturer of automated material handling equipment, launched three new electric forklift models to enhance efficiency, versatility and deliver best-in-class performance. The new Center Rider Stacker is a multi-purpose machine with a center rider, order picker, and counterbalanced forklift capabilities. Adding these new models to Toyota’s expansive and growing lineup of electrical products is helping industries keep pace with the speed of commerce. [Published On: 2023-05-09]

  • OTTO Motors and Kollmorgen Initiate Strategic Technical Collaboration

    OTTO Motors and Kollmorgen Corporation have recently announced a technical collaboration to provide exceptional self-driving vehicle applications to original equipment manufacturers (OEMs) and system integrators. These innovative solutions empower end-users across various industries to optimize and streamline their material handling processes, enhancing overall operational efficiency. [Published On: 2023-04-24]

  • Dunes Point Capital, LP Announces Hy-Tek Holdings' Acquisition of Winchester Industrial Controls LLC

    Hy-Tek LLC, a portfolio company of Dunes Point Capital, LP, recently completed the acquisition of Winchester Industrial Controls LLC specializes in providing automated material handling systems and professional installation services. Through this acquisition of Winchester Controls, Hy-Tek expects to broaden its automatic material handling offerings and enhance its ability to execute concurrent large-scale projects in support of enterprise logistics platforms. [Published On: 2023-01-03]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automated Material Handling Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

As a leading company in the automation industry, we at Hachidori were facing challenges with understanding the surging deployment of automated material handling equipment by SMEs. The Automated Material Handling Market Research Report by 360iResearch provided us with valuable insights and actionable strategies that transformed our approach. Through the detailed analysis and data, we streamlined our operations, increased efficiency, and optimized our solutions to meet market demands. This report has been instrumental in driving our growth and enhancing our competitive edge. Highly recommend!
Hachidori
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Key Company Profiles

The report delves into recent significant developments in the Automated Material Handling Market, highlighting leading vendors and their innovative profiles. These include TGW Logistics Group GmbH, Hachidori, JBT Corporation, Rockwell Automation, Inc., Zebra Technologies Corporation, Automated Materials Handling Life Services Limited, Westfalia Technologies Inc., Kardex Holding AG, Daifuku Co., Ltd., Honeywell International Inc., IHI Corporation, Seegrid Corporation, Fritz Schäfer GmbH & Co KG, Invia Robotics Inc., ZF Friedrichshafen AG, Kion Group AG, Jungheinrich AG, Beumer Group GmbH & Co. KG, Toyota Industries Corporation, Mitsubishi Corporation, Scott Technology Ltd, Murata Machinery Ltd., System Logistics S.p.A., Knapp AG, Kuka AG, Odyssey Robotics Inc., VisionNav Robotics, Hyster-Yale Materials Handling, Inc., Automatic Handling International, Inc., and Siemens AG.

Automated Material Handling Market - Global Forecast 2024-2030
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Market Segmentation & Coverage

This research report categorizes the Automated Material Handling Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Component
    • Services
      • Maintenance & Repairs
      • Training & Software Up-Gradation
    • Systems
      • Transportation Management System
      • Warehouse Management System
  • Operation
    • Assembly
    • Packaging & Distribution
    • Storage & Transportation
    • Waste Management
  • Equipment Type
    • Automated Conveyor
    • Automated Storage & Retrieval System
    • Mobile Robots
    • Palletizer
    • Sortation System
  • Application
    • Automotive
    • Aviation
    • Chemicals
    • E-Commerce
    • Electronics
    • Foods & Beverages
    • Healthcare
    • Semiconductors

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

As a company constantly striving to stay ahead in the technological curve, we at JBT Corporation faced numerous challenges in understanding the rapidly evolving landscape of AI, 3D vision, and IoT. The Automated Material Handling Market Research Report by 360iResearch provided us with invaluable insights and actionable strategies that transformed our approach. For instance, the report's detailed analysis on AI integration helped us streamline our operations, significantly improving efficiency. The comprehensive market trends and forecasts enabled us to make informed decisions, driving our innovation. We're thoroughly satisfied with the positive impact this report had on our organization's operations.
JBT Corporation
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This research report offers invaluable insights into various crucial aspects of the Automated Material Handling Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Automated Material Handling Market, by Component
  7. Automated Material Handling Market, by Operation
  8. Automated Material Handling Market, by Equipment Type
  9. Automated Material Handling Market, by Application
  10. Americas Automated Material Handling Market
  11. Asia-Pacific Automated Material Handling Market
  12. Europe, Middle East & Africa Automated Material Handling Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 566]
  17. List of Companies Mentioned [Total: 30]
The Rise of Automated Material Handling Equipment and Its Impact on SMEs
September 25, 2023
BLOG
The Rise of Automated Material Handling Equipment and Its Impact on SMEs
The use of automated material handling equipment in the manufacturing industry is rising. While it has been a popular trend among large manufacturers for years, it's increasingly adopted by small and medium-sized enterprises (SMEs). With the help of advanced machines and technology, companies can improve productivity, efficiency, and quality in their warehouses and production facilities. This blog explores the surging deployment of automated material handling equipment among SMEs and the benefits and challenges they face.

Understanding Automated Material Handling Equipment:

Automated Material Handling Equipment (AMHE) is a system that uses advanced technology and machines to transport, store, sort, and retrieve materials or products in a warehouse or manufacturing facility. These machines are designed to reduce manual labor and improve efficiency, productivity, accuracy, and safety. The system consists of various components such as conveyors, robots, Automated Guided Vehicles (AGVs), Automated Storage and Retrieval Systems (ASRS), and picking machines.

The Benefits of Automated Material Handling Equipment for SMEs:

The adoption of AMHE can help SMEs improve their operations in various ways. It can help reduce labor costs, increase throughput, improve accuracy and quality, optimize space utilization, and enhance safety in the workplace. It enables companies to handle more products with fewer workers and helps them meet the increasing demands of customers while maintaining cost-effectiveness. With the help of AMHE, companies can improve their competitiveness and position themselves as leaders in their industry.

The Challenges of Implementing Automated Material Handling Equipment:

While the benefits of AMHE are numerous, SMEs face some challenges in implementing them. The initial costs of purchasing and installing the system can be high, and the ROI may take some time. Moreover, the implementation process requires proper planning, integration with existing systems, training of workers, and ongoing maintenance.

How SMEs Can Overcome the Challenges and Succeed:

Despite the challenges, SMEs can overcome them by taking a strategic approach:
They need to assess their operations and identify areas where AMHE can add value and benefit their operations.
They must evaluate different systems and find the one that fits their needs, budget, and resources. The implementation process should be well-planned and executed with the help of experts. Proper training of workers is also critical to ensure the proper use of the system.

Companies should regularly monitor and optimize their systems to ensure ongoing performance improvement and ROI.

The deployment of Automated Material Handling Equipment is revolutionizing the manufacturing industry and has become increasingly adopted by SMEs. While it offers numerous benefits, SMEs face some challenges in implementing these systems. However, with proper planning, integration, training, and ongoing maintenance, SMEs can overcome these challenges and realize the full value of AMHE. It's time for SMEs to embrace this technology and harness the power of automation to drive their growth and success.

Frequently Asked Questions
  1. How big is the Automated Material Handling Market?
    Ans. The Global Automated Material Handling Market size was estimated at USD 32.15 billion in 2023 and expected to reach USD 35.64 billion in 2024.
  2. What is the Automated Material Handling Market growth?
    Ans. The Global Automated Material Handling Market to grow USD 71.79 billion by 2030, at a CAGR of 12.16%
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    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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