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(Transportation-News.com, October 05, 2018 ) Global Automated Material Handling Equipment Market Analysis
According to Verified Market Intelligence, The Global Automated Material Handling Equipment Market was valued at USD 33.28 billion in 2017 and is projected to reach USD 57.11 billion by 2025, growing at a CAGR of 8.0% from 2018 to 2025.
What is Automated Material Handling Equipment?
Automated material handling equipment can automate the most tedious, dull, and unsafe tasks in the production line of different industries. These equipment are used by the end users to improve the quality, throughput, flexibility, and consistency along with decreasing ergonomic hazards for workers. It helps in enhancing the efficiency of the production line and increases the customer satisfaction by delivering quality products on time.
Automated material handling equipment offers numerous advantages such as increases profit, enhances production quality & quantity, time saver, reduced labor costs and improved efficiency. It has many applications in various industries that include- automotive, metals & heavy machinery, food & beverages, chemical, healthcare and aviation etc. Thus, these factors boost the growth of automated material handling market.
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Global Automated Material Handling Equipment Market Outlook
Increasing demand for personalized AGV, growing need for workers safety, the rise in the integration of industry 4.0 with robots and growing e-commerce industry have been driving the global automated material handling equipment market. Moreover, reducing labor cost through advancement in robotics and the increasing demand for automated solutions in various industries has also contributed to the growth of the market. While the availability of rental AGV, reluctance to adopt changes, real-time technical issues, and costly equipment acts potential restraints for the overall market at a global level.
Global Automated Material Handling Equipment Market Competitive Landscape
The “Global Industrial 3D Printing Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Hyster-Yale Material Handling, Inc., Kion Group AG, Hanwha Corporation , Kuka AG , Fives , Murata Machinery, Ltd., TGW Logistics Group GmbH , Viastore Systems GmbH and Daifuku Co., Ltd.. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Global Automated Material Handling Equipment Market Segmentation, by System Type
Bulk Load Material Handling
Unit Load Material Handling
Global Automated Material Handling Equipment Market Segmentation, by Component
Software
Warehouse Control System
Warehouse Execution System
Warehouse Management System
Services
Training
Software Upgradation
Maintenance and Repair
Global Automated Material Handling Equipment Market Segmentation, by Product
Automated Cranes
Automated Guided Vehicles
Robots
Automated Conveyors and Sortation Systems
Automated Storage and Retrieval Systems
Global Automated Material Handling Equipment Market Segmentation, by Function
Packaging
Distribution
Waste Handling
Storage
Transportation
Assembly
Global Automated Material Handling Equipment Market Segmentation, by Vertical
Healthcare
Metals & Heavy Machinery
Food & Beverages
Aviation
E-Commerce
Automotive
Chemical
Semiconductor and Electronics
Others
Global Automated Material Handling Equipment Market Geographic Scope
North America
S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Rest of the World
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