Global Automated Material Handling (AMH) Equipment Market Analysis 2022

Global Automated Material Handling (AMH) Equipment Market Analysis 2022

The Global Automated Material Handling (AMH) Equipment Market is expected to reach $60.47 billion by 2028 growing at a CAGR of 7.0% from 2021 to 2028. Automated material handling is a concept derived from material handling practices, which uses several types of machinery to help workers in a manufacturing establishment move the product under construction between assembly stations or moving completed goods to storage facilities. Automated material handling (AMH) equipment eliminates the need for human interference in a material handling process. Continuous rise in demand for automation with the advent of technologies such as robotics, wireless technologies, and driverless vehicles in different industries like food and beverages, retail, general manufacturing, pharmaceuticals, and post & parcel has revolutionized the adoption of automated material handling the equipment.

Factors such as increasing labour cost and safety concerns, rising technological advancements, increasing efficiency and productivity of manufacturing and warehouse operating companies are driving the growth of the market. However, high upfront cost for installation of the material handling equipment is restraining the growth of the market.

Based on software & services, the warehouse management system (WMS) segment is going to have a lucrative growth during the forecast period which can be attributed to the owing to the increasing globalization of supply chain networks, growing awareness about WMS among small and medium-sized enterprises (SMEs), and rising adoption of cloud-based warehouse management system solutions. The COVID-19 pandemic has resulted in the implementation of social distancing measures, subsequently impacting the services and client delivery systems of companies. The miscommunication as a result of social distancing has compelled transport companies to dump the incoming stock wherever possible in a warehouse, and workers have to waste a lot of time in tracking the required product. The implementation of warehouse management systems solves this along with several other issues resulting from the pandemic.

The key vendors mentioned are Bastian Solutions, Inc., Bosch Rexroth, Daifuku Co. Ltd, Dematic Group S.A.R.L, JBT Corporation, KION Group, Murata Machinery Ltd., Siemens AG, SSI Schaefer AG, Swisslog Holding AG, Toyota Industries Corporation, and Yale Europe Materials Handling.

System Types Covered:

• Unit Load Material Handling Systems
• Bulk Load Material Handling Systems

Equipment Types Covered:

• Mobile Robot
• Automated Storage and Retrieval System
• Automated Conveyor
• Palletizer
• Sortation System

Functions Covered:

• Storage
• Sortation
• Shipping
• Returns
• Receiving
• Prepacking
• Order Packing/Picking
• Moving System
• Inspection
• Distribution
• Cross Docking
• Autostore

Software & Services Covered:

• Maintenance and Repairs
• Training and Software Up-gradation
• Transportation Management System (TMS)
• Warehouse Management System (WMS)

Applications Covered:

• Waste Handling
• Transportation
• Packaging
• Assembly

End Users Covered:

• Airport & Aviation
• Automotive
• Food And Beverages
• Retail/Warehousing/ Distribution Centers/Logistic Centers
• General Manufacturing
• Pharmaceuticals
• Post and Parcel
• Semiconductors & Electronics
• E-Commerce
• Healthcare
• Energy

Regions Covered:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Questions Answered in this Report:

• How this market evolved since the year 2020
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period