Automated Material Handling Equipment Market in US 2022-2026

Automated Material Handling Equipment Market in US 2022-2026

Technavio has been monitoring the automated material handling equipment market in US and it is poised to grow by $ 1.51 bn during 2022-2026, progressing at a CAGR of 3.97% during the forecast period. Our report on the automated material handling equipment market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by advanced automation of processing plants and significant growth in the e-commerce industry. In addition, advanced automation of processing plants is anticipated to boost the growth of the market as well.

The automated material handling equipment market in US analysis includes product and end-user segments.

Technavio's automated material handling equipment market in US is segmented as below:

• By Product
• Conveyor system
• AS/RS
• Robotics system
• AGV
• By End-user
• Automotive
• E-commerce and 3PL
• Food and beverage
• Others

This study identifies the enhancement in warehouse operational efficiency by adopting AS/RSas one of the prime reasons driving the automated material handling equipment market growth in US during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automated material handling equipment market in US covers the following areas:

• Automated material handling equipment market sizing
• Automated material handling equipment market forecast
• Automated material handling equipment market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automated material handling equipment market vendors in US that include Daifuku Co. Ltd., Grabit Inc., Honeywell International Inc., Hyster Yale Materials Handling Inc., inVia Robotics Inc., John Bean Technologies Corp., KION GROUP AG, Locus Robotics Corp., Material Handling Systems Inc., and Meidensha Corp.. Also, the automated material handling equipment market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Daifuku Co. Ltd., Grabit Inc., Honeywell International Inc., Hyster Yale Materials Handling Inc., inVia Robotics Inc., John Bean Technologies Corp., KION GROUP AG, Locus Robotics Corp., Material Handling Systems Inc., Meidensha Corp.