Automated Material Handling Equipment
Automated Material Handling Equipment Market by Product (Bulk Material Handling Equipment, Conveyor & Sortation Systems, Industrial Trucks & Automated Guided Vehicles), Application (Assembly, Distribution, Packaging), End User - Global Forecast 2024-2030
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[194 Pages Report] The Automated Material Handling Equipment Market size was estimated at USD 46.86 billion in 2023 and expected to reach USD 51.56 billion in 2024, at a CAGR 10.07% to reach USD 91.76 billion by 2030.

Automated Material Handling Equipment Market
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Automated material handling equipment refers to systems and machinery that handle, move, and store materials within a facility or at a worksite with minimal human interaction. Automated material handling equipment is integrated with computerized control systems, enabling precision and efficiency in moving products through the workflow. Automated material handling equipment significantly improves production efficiency, inventory management, and accuracy of order fulfillment. By automating repetitive and labor-intensive tasks, these systems reduce the threat of human error and workplace injuries. The increasing need for automation due to a growing emphasis on workplace safety, the efficiency of operations, and the rise in online retail sales have created a need for faster and more efficient order fulfillment processes. Moreover, the push for sustainable operations leads end-users to invest in green automation technologies that optimize energy use and reduce waste. However, the high initial investments and continuous need for upgrades can hinder the adoption of automated material handling equipment among small to medium enterprises. Moreover, the complexity of integrating new automation systems with existing operations can be a substantial challenge. Nevertheless, advancements in technologies such as the Internet of Things, robotics, and machine learning are also expected to play a crucial role in enhancing the capabilities of material handling equipment in the coming years.

Regional Insights

The Asia Pacific region is experiencing notable growth in the automated material handling equipment market due to rapid industrialization. The consumer needs in this region stem from the expansion of the manufacturing sector, the rise in eCommerce, and the increasing focus on workplace safety and efficiency. Vendors in the Asia-Pacific are investing in sophisticated systems to cope with the high-volume throughput required by consumers. Recent investments in smart warehouses, robotics, and the Internet of Things (IoT) integration are notable trends, indicating a strong push towards innovation in the automated material handling equipment market. In the Americas, increased labor costs, a focus on streamlining operations, and a shift toward eCommerce drive the need for automation. Consumers in the Americas prioritize reliability, efficiency, and after-sales support when purchasing automated material handling equipment. Initiatives for using renewable energy sources in material handling equipment and emphasizing circular economy principles reflect the changing customer purchasing behavior in the Americas. Europe, particularly EU countries, exhibits a high demand for automated material handling equipment due to advanced manufacturing practices, stringent regulations on worker safety, and the need for operational efficiency. Investments in research and innovation, supported by various EU-funded initiatives, have led to the development of cutting-edge automated material handling equipment solutions suited to the European market's strict standards. The Middle East is seeing growth in logistics and warehousing, influenced by the region's strategic position as a global logistics hub.

Market Dynamics

The market dynamics represent an ever-changing landscape of the Automated Material Handling Equipment 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
    • Expanding Global Manufacturing Sector
    • Benefits of Material Handling Equipment Over the High Labor Costs and Safety Concerns
    • Demand for Material Handling Equipment for Modern eCommerce
  • Market Restraints
    • High Ownership Cost of Automated Material Handling Equipment
  • Market Opportunities
    • Continuous Increasing Demand for Advanced Automation in Automotive Industry
    • Integration of Advanced Technology such as Iot Platform for Material Handling
    • Growing Industrialization in Developing Countries
  • Market Challenges
    • Possible Downtime due to Malfunction and Lack of Skilled Workforce to Handle
Market Segmentation Analysis
  • Product: Significant adoption of conveyors and sortation systems in warehouse operations

    Bulk material handling equipment is designed to transport, store, and control bulk materials such as minerals, grains, and chemicals. This type of equipment includes conveyor belts, stackers, reclaimers, hoppers, and silos. Bulk material handling equipment is essential where large quantities of bulk materials are processed, such as in mines, power plants, and ports. Conveyor and sortation systems are components within distribution centers, eCommerce fulfillment centers, and production facilities. These systems are essential for moving products efficiently and reliably through a facility and are integral to the sortation process, which organizes items for shipment or further processing. Industrial trucks and automated guided vehicles (AGVs) are mobile robots used in industrial applications to move materials around a physical facility or warehousing environment. Robots, particularly collaborative robots (cobots), are utilized for picking, packing, and palletizing. Storage and handling equipment includes pallet racks, shelving, and automated retrieval systems. These systems are integral to organizing and keeping inventory secure and accessible.

  • Application: Penetration of automated material handling equipment to ensure efficient packaging operations

    In the assembly application, automated material handling equipment facilitates the efficient movement and organization of parts assembled to form finished products. High precision and repeatability are crucial in assembly applications. Automated material handling equipment is vital for sorting, picking, and handling goods for distribution. Speed and accuracy are paramount to handling high volumes in distribution applications. Automated material handling equipment in packaging involves equipment that supports wrapping, filling, labeling, and palletizing, facilitated by technology, including robotic packaging systems and automated conveyors. Flexibility to handle various packaging types and consistency in repetitive tasks is critical in packaging applications. Automated storage systems optimize space utilization and inventory management using vertical lift modules and carousel systems. Transportation within facilities relies on automated material handling equipment such as AGVs, monorails, and conveyor systems to seamlessly move products from one point to another. Waste handling involves using automated material handling equipment to sort, recycle, and dispose of waste materials. Industries focus on sustainability and regulatory compliance, with systems designed for material recovery and efficient waste processing.

  • End User: Emerging applications of automated material handling equipment across E-commerce sector

    In the automotive segment, automated material handling equipment is integral for streamlining the manufacturing process, from the assembly line to parts inventory management and finished vehicle logistics. The automotive industry needs precision, speed, and customization as demands vary based on consumer preference, seasonality, and geographic location. The aviation industry requires automated material handling equipment to manage baggage, cargo, components, and spare parts. In chemical manufacturing and distribution, automated material handling equipment ensures safety and compliance with regulatory standards while handling hazardous materials. E-commerce relies heavily on swift, responsive, and flexible automated handling systems to fulfill a high volume of orders with varying profiles. The E-commerce sector focuses on customization and integration capabilities of automated material handling equipment, allowing rapid scaling during peak seasons. The food and beverage industry requires automated material handling equipment operating in controlled environments, maintaining hygiene standards, and efficiently handling perishable goods. Handling heavy loads is characteristic of the metals and heavy machinery industry, which benefits from robust automated material handling equipment designed for heavy cargo. The need for stringent contamination control, accurate tracking, and error-free handling drives automation in the pharmaceutical and medical device industries. Automated material handling equipment includes cleanroom robots, precision conveyance systems, and automated packaging lines. For semiconductor and electronics manufacturing, the emphasis is on precision handling and prevention of electrostatic discharge in automated material handling equipment.

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 Equipment 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 Equipment 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 Equipment 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 Equipment 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 Equipment 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 Equipment 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 Equipment 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 Equipment 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 Equipment 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 Equipment 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.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automated Material Handling Equipment 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 Equipment 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
  • Rockwell Automation Signs Agreement to Acquire Autonomous Robotics Vendor Clearpath Robotics

    Rockwell Automation announced the strategic acquisition of Clearpath Robotics Inc. and its OTTO Motors Division, expanding its prowess in automated material handling solutions. The synergy between Rockwell's integrated control systems and Clearpath's autonomous mobile robots (AMRs) sets the stage for streamlining production logistics, ensuring timely placement of materials, and enhancing operational efficiency within manufacturing facilities. [Published On: 2023-09-05]

  • MH Equipment to Distribute Material Handling Robots

    MH Equipment, a Peoria, Illinois-based provider of comprehensive material handling solutions, entered a strategic partnership with OTTO Motors, a Canadian autonomous mobile robots (AMRs) company. MH Equipment is poised to meet the surging regional demand for advanced AMRs by joining forces with OTTO Motors and becoming a certified dealer. With a network of over 30 service locations spread across multiple states, including Illinois, Indiana, Iowa, Kentucky, Missouri, Nebraska, Ohio, Pennsylvania, South Dakota, and West Virginia, MH Equipment is uniquely positioned to offer sophisticated material handling automation on a large scale. [Published On: 2023-05-25]

  • Toyota Material Handling Launches Three New Electric Models

    Toyota Material Handling launched three new electric forklift models: the Side-Entry End Rider, the Center Rider Stacker, and the Industrial Tow Tractor. In alignment with the company's kaizen philosophy of continuous improvement, these additions exemplify Toyota's commitment to delivering the smartest and most reliable solutions to enhance customer efficiency and productivity. [Published On: 2023-05-09]

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 Equipment 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.

Key Company Profiles

The report delves into recent significant developments in the Automated Material Handling Equipment Market, highlighting leading vendors and their innovative profiles. These include AMH Material Handling, Automatic Handling International, Inc., BEUMER Group, Daifuku Co., Ltd., Diamond Phoenix Limited, E80 GROUP S.p.A., Honeywell International Inc., Hyster-Yale Materials Handling, Inc., IHI Corporation, Invia Robotics Inc., JBT Corporation, Jungheinrich AG, Kardex Holding AG, Kion Group AG, Knapp AG, KUKA AG, MasterMover Group, Mitsubishi Electric Automation, Inc., Murata Machinery, Ltd., Rockwell Automation, Inc., Scott Automation Ltd., Seegrid Corporation, Shanghai Seer Intelligent Technology Corporation, SSI SCHAEFER Group, System Logistics S.p.A., TGW Logistics Group, Toyota Industries Corporation, Westfalia Technologies Inc., Youibot Robotics Co., Ltd., Zebra Technologies Corp., and ZF Friedrichshafen AG.

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

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

  • Product
    • Bulk Material Handling Equipment
    • Conveyor & Sortation Systems
    • Industrial Trucks & Automated Guided Vehicles
    • Robots
    • Storage & Handling Equipment
  • Application
    • Assembly
    • Distribution
    • Packaging
    • Storage
    • Transportation
    • Waste Handling
  • End User
    • Automotive
    • Aviation
    • Chemicals
    • E-commerce
    • Food & Beverages
    • Metals & Heavy Machinery
    • Pharmaceuticals & Medical Devices
    • Semiconductor & Electronics

  • 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

This research report offers invaluable insights into various crucial aspects of the Automated Material Handling Equipment 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 Equipment Market, by Product
  7. Automated Material Handling Equipment Market, by Application
  8. Automated Material Handling Equipment Market, by End User
  9. Americas Automated Material Handling Equipment Market
  10. Asia-Pacific Automated Material Handling Equipment Market
  11. Europe, Middle East & Africa Automated Material Handling Equipment Market
  12. Competitive Landscape
  13. Competitive Portfolio
  14. List of Figures [Total: 22]
  15. List of Tables [Total: 306]
  16. List of Companies Mentioned [Total: 31]
Benefits of Automated Material Handling Equipment Over High Labor Costs and Safety Concerns
December 16, 2023
Benefits of Automated Material Handling Equipment Over High Labor Costs and Safety Concerns
As globalization and eCommerce continue to rise, warehouse and distribution centers have become the vital operational centers of most businesses' supply chains. A massive amount of products move through these facilities, so efficient material handling equipment becomes paramount to success. The traditional manual methods are no longer efficient and safe enough, making automated material handling equipment a more cost-effective and safer practice. The use of automated material handling equipment brings many benefits to businesses, including lower labor costs, improved safety, improved productivity, faster order fulfillment, and inventory control.

Lower Labor Costs:

The cost of labor is a huge concern for businesses, and it constitutes a significant portion of the total operational cost. Manual labor-intensive tasks require high maintenance costs, including salaries, benefits, and overtime pay, which cut into profit margins. Automated material handling equipment reduces labor costs while increasing efficiency. A single piece of equipment that can accomplish the job of multiple workers is an efficient and reliable solution to reduce labor costs.

Improved Safety:

Workplace safety is paramount and should be addressed as such. Manual material handling poses a significant risk to workers, as it often involves heavy lifting that could result in musculoskeletal disorders. Automated material handling can lower the risk of workplace injuries and compensate for workers’ physical limitations. Additionally, using equipment such as automated storage and retrieval systems has been shown to lower accidents that could result in expensive hardware and merchandise damage.

Improved Productivity:

By using automated material handling equipment, businesses can significantly increase their productivity due to increased speed and accuracy. Machines perform tasks much faster than humans, and they can work continuously without needing breaks. The use of automated equipment can also improve accuracy by mitigating the possibility of human error and improving efficiency in the allocation of stock and merchandise.

Faster Order Fulfillment:

In a consumer-driven market, businesses need to fulfill orders quickly and efficiently. Automated material handling equipment processes orders faster than manual methods. Automated equipment, such as conveyors and sortation systems, can identify, sort, and direct products to the desired location in record time. The product’s journey from the warehouse to the customer becomes shorter, and this ensures a happy, loyal customer base.

Inventory Control:

Having accurate inventory control is paramount for businesses to make informed decisions, minimize stockouts, and meet customer demand. Automated material handling equipment can improve inventory accuracy as the machines operate using tracking and scanning systems. Automated sorting and retrieval equipment provides added benefits in terms of warehouse data analysis, inventory optimization, and tracking, providing real-time insights into inventoried goods.

The use of automated material handling equipment can help organizations achieve better control over their supply chain by reducing labor-associated costs and increasing safety, productivity, accuracy, and inventory control. The key is to find the right equipment that meets the specific needs of each business. Automated material handling equipment has been proven to be a safer, more efficient, and more cost-effective solution compared to any manual method. Businesses that invest in this technology can expect to improve their market position, reduce operating costs, and ensure customer satisfaction, ultimately leading to a more successful future.

Frequently Asked Questions
  1. How big is the Automated Material Handling Equipment Market?
    Ans. The Global Automated Material Handling Equipment Market size was estimated at USD 46.86 billion in 2023 and expected to reach USD 51.56 billion in 2024.
  2. What is the Automated Material Handling Equipment Market growth?
    Ans. The Global Automated Material Handling Equipment Market to grow USD 91.76 billion by 2030, at a CAGR of 10.07%
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