Automated Material Handling Equipment Market In US 2024-2028
The automated material handling equipment market in us is forecasted to grow by USD 1118.2 mn during 2023-2028, accelerating at a CAGR of 3% during the forecast period. The 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, the latest trends and drivers, and the overall market environment. The market is driven by advanced automation of processing plants, significant growth in e-commerce industry, and enhancement in warehouse operational efficiency by adopting as/rs.
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
By Geographical Landscape
This study identifies the advent of industry 4.0 as one of the prime reasons driving the automated material handling equipment market in us growth during the next few years. Also, rising number of strategic alliances and increasing number of fulfillment centers in us will lead to sizable demand in the market.
The report on the automated material handling equipment market in us covers the following areas:
- Automated Material Handling Equipment Market in US sizing
- Automated Material Handling Equipment Market in US forecast
- Automated Material Handling Equipment Market in US industry analysis
The 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 in us vendors that include 3PL Central LLC, AutoCrib Inc., Bastian Solutions LLC, Beumer Group GmbH and Co. KG, Daifuku Co. Ltd., Grabit Inc., Honeywell International Inc., Hyster Yale Materials Handling Inc., Invata Intralogistics Inc., inVia Robotics Inc., John Bean Technologies Corp., KION GROUP AG, Locus Robotics Corp., Material Handling Systems Inc., Meidensha Corp., MIDEA Group Co. Ltd., Murata Machinery Ltd., SencorpWhite, SSI Schafer IT Solutions GmbH, and Westfalia Technologies Inc.. 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.
The publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.