Global Automated Material Handling (AMH) Equipment Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Robots, ASRS, Conveyors & Sortation Systems, Cranes, WMS, and AGV), By System Type (Unit Load Material Handling System, Bulk Load Material Handling System), By Function (Storage, Transportation, Assembly, and Others), By Industry (Automotive, M
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal Automated Material Handling (AMH) Equipment Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Robots, ASRS, Conveyors & Sortation Systems, Cranes, WMS, and AGV), By System Type (Unit Load Material Handling System, Bulk Load Material Handling System), By Function (Storage, Transportation, Assembly, and Others), By Industry (Automotive, M
The global automated material handling (AMH) equipment market is predicted to proliferate during the forecast period due to the rapid growth in of the e-commerce industry. Automated material handling (AMH) equipment is the process of automating inventory movement into, within, and out of warehouses to customers with the least amount of human intervention. In the course of an automation project, a company can get rid of labour-intensive tasks that need repeated physical labour, manual data input, and analysis. In addition, to avoid manual operations and expedite order selection procedures, warehouses deploy highly automated technology for more complicated products handling flows, comprising conveyors, automatic sorters, AGVs (Automated Guided Vehicles), a robotic picking system, and automatic palletizers. The enterprises are progressively utilizing this technology to reduce handling and storage costs, human error, enhanced data accuracy and analysis, reduced stockout events, improved customer service and order fulfilment accuracy. Numerous innovations carried out in empowering the modern warehouse with automation technology, such as cobotics, warehouse drones, mobile shelving, wireless fleet management, and supply chain as a service are enabling service providers to offer an effective solution to the enterprises that are enhancing the features of automated material handling (AMH) equipment.
Increasing Growth of the E-Commerce Industry
comscore, digital e-commerce market in 2022 has hits around USD 1.09 trillion in the United States
Growing Autonomous Drones for Warehouse Management
Autonomous drones aren't simply a futuristic technology that may be deployed in a few decades; they are now being used in several warehouses to carry out the most difficult inventory counts. Drones can be used for intralogistics and automatically checking inventories. Drone uses indoors are made possible by recent technical advancements like optical navigation and sensors. Warehouse managers may reduce tiresome and unsafe tasks by using drones for these applications. Drone-driven automated material handling (AMH) equipment is made possible to create guidance systems for drones. This can help drones to navigate safely and efficiently through the warehouse. Furthermore, the construction of scalable drone applications is made possible by the onboard processing capacity and effective algorithms.
Growing Use of Robotics in Warehousing is Stimulating the Market Growth
according to the Association for Advancing Automation (A3), robot sales hit new record in North America with 12,305 robots sold in Q2 2022, a 25% increase in unit orders over the same period in 2021
High Implementation Costs to Restrain the Growth of AMH Market
High implementation and switching costs are restraining the market for automated material handling solutions. Due to the high initial costs of deploying automated material handling equipment, SMEs are unable to completely integrate this technology to automate their supply chain operations. In addition, to maintain the business, major enterprises are leasing the equipment, purchasing used equipment, and renting industrial trucks to reduce initial costs. Enterprises are seeing this as a hindrance to invest in advanced material handling equipment due to the high total cost of ownership that is increased by deployment, software solutions, the use of intelligent sensors, after-sales services, and routine maintenance. Therefore, small enterprises have no option left to choose manual material handling procedures as they are unable to afford automated technologies. In addition, when automation is used in the production process, smooth operations necessitate higher operational costs. The high costs of operating and maintaining these systems are expected to stifle the expansion of the automated material handling equipment market. The increasing tendency to rent out equipment because of rising capital costs may have an impact on the overall growth of the market.
Recent Advancements
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Market Segmentation
Company Profiles
Daifuku Co. Ltd, Jungheirich AG, Toyota Industries Corporation, Kion Group, Honeywell Intelligrated, Hytrol Conveyor Company Inc., SSI Schaefer AG, Crown Equipment Corporation, BEUMER Group, and Cargotec Corporation are among the major players that are driving the growth of the global automated material handling (AMH) equipment market.
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | Product System Type Function Industry Region |
| Regional Scope | Asia-Pacific, North America, Europe, Middle East & Africa, and South America |
| Country Scope | China, Japan, India, Australia, South Korea, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Israel, Turkey, Saudi Arabia, UAE, South Africa, Brazil, Argentina, Colombia |
| Key Companies Profiled | Daifuku Co. Ltd, Jungheirich AG, Toyota Industries Corporation, Kion Group, Honeywell Intelligrated, Hytrol Conveyor Company Inc., SSI Schaefer AG, Crown Equipment Corporation, BEUMER Group, Cargotec Corporation |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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