Global Automated Material Handling (AMH) Market Analysis & Trends - Industry Forecast to 2030
Automated Material Handling (AMH): Market Size
From $34.52 billion in 2024, the global Automated Material Handling (AMH) market is projected to reach $52.61 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 15.3% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include, rising digitization of supply chain processes, rapid growth in the e-commerce industry and growing concern towards safety at workplace.
Global Automated Material Handling (AMH) Market: Market Dynamics
The increasing need for automation in various industries as automated systems speed up productivity and the work can get done faster and with fewer people than with manual equipment are the major factors driving the automated material handling market. Employee safety is a major concern for businesses in the industrial sector. Automated equipment can eliminate the need for heavy lifting, and make workstations ergonomic to prevent injury. With the increase in the global population and rise in personal incomes are witnessing significant growth.
For instance, Amazon established the use of automated material handling equipment and robotics in its e-commerce warehouses in U.S with Kiva robots. It acquired the Kiva Robotics, company in 2012 and drew the products from open sale, eliciting a boom in development activity to fill the gap in the market.
On the other hand, the increasing technological advancements, increasing efficiency and productivity of manufacturing and warehouse operating companies, and growing demand for robots in manufacturing units are the factors driving the market growth.
Impact of COVID-19 on Automated Material Handling (AMH)
The outbreak of COVID-19 has hurt the Automated Material Handling Market. The COVID-19 pandemic has substantially impacted the value chain of the automated material handling market. The US, China, India, South Korea, and Japan, which have been negatively affected by the pandemic, account for a significant share of the global AMH equipment manufacturing. The decreased shipments of AMH equipment and the revenues generated from them have impacted the market. The automotive, aviation, and metal & heavy machinery industries are witnessing a low demand, which is expected to continue for the short term due to the lockdown and declining purchasing power.
By End User
E-Commerce Segment Dominate the Market in 2024
The e-commerce segment made huge revenue in 2024 and growing its prominence during the forecast period owing to the imposition of social distancing norms, lockdowns, and other measures in response to the COVID-19 pandemic has led consumers to opt for B2B and B2C online shopping, and increasing adoption of automation systems for efficient management of supply chains in e-commerce industries.
By Geography
Asia Pacific Region is Leading in the Global Market Place
Asia Pacific is likely to have a huge demand in the forecast period due to the factors such as the rising availability of unskilled labor and lesser production cost, increasing awareness related to warehouse automation, the increased emphasis of the leading developing economies such as China and India on robotics and automation, and the growing e-commerce industry in this region.
List of the Key Players profiled in the market Include: • Advanced Automated Systems, Inc
• Amber Group India
• Arcadis
• Daifuku co., ltd
• Eiratech Robotics
• Geekplus Technology Co. Ltd
• GreyOrange
• IAM Robotics
• Knapp AG
• l3 Technologies, Inc
• Mecalux, S.A
• Schaefer Systems International Pvt Ltd
• Swisslog Holding Ltd
• Taylor Material Handling & Conveyor
• TGW Logistics Group
List of the regions/countries profiled in the market Include: North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others