Global Automated Material Handling Equipment Market is estimated to reach US$ 51,219.6 Mn by 2025 from US$ 28,643.4 Mn in 2017

(EstateNewsWire.com, November 10, 2018 ) Increase in the Number of Orders and Shipment is expected to Fuel the Growth of Automated Material Handling Equipment Market US$ 51,219.6 Mn by 2025

Latest market study on “Automated Material Handling Equipment Market to 2025 by Product (Robots, Automated Storage & Retrieval System, Automated Conveyors & Sortation System, Automated Cranes, and Automated Guided Vehicles); System Type (Unit Load and Bulk Load); Component (Hardware, Software, and Services); Function (Storage, Transportation, Assembly, Packaging, Distribution, and Waste Handling); Industry (Automotive, Electronics, Food & Beverages, E-Commerce, Aerospace, Logistics, Pharmaceuticals and Others) - Global Analysis and Forecast”, the automated material handling equipment market is estimated to reach US$ 51,219.6 Mn by 2025 from US$ 28,643.4 Mn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

Owing to the fact of growth in automotive, e-commerce, logistics, and other industries such as retail, chemicals, metal & heavy machinery industry and many more are booming with an increase in the economy of countries. The growth in respective industries implement and uses automation in their facilities to make the process error-free and to have higher efficiency. Especially in manufacturing and warehouses, automation plays a vital role which helps in the growth of automated material handling equipment market. The e-commerce industry is experiencing a huge demand due to high income of individuals and availability of wide-range of products in a single window. These factors drive the e-commerce industry which eventually grow the market of automated material handling equipment as the e-commerce requires automation in their respective facilities. Use of robots, automated guided vehicles, and automated storage systems.

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The global automated material handling equipment market is segmented on the basis of industry which is fragmented into automotive, electronics, food & beverage, e-commerce, aerospace, logistics, pharmaceuticals, and others which includes metal & heavy machinery, chemicals, and retail. The automotive industry is leading the market for automated material handling equipment followed by e-commerce and logistics. In a current scenario, automotive industry holds a high market share owing to the fact of increase in the level of income and better standard of living. However, aerospace is growing at a highest CAGR and is anticipated to dominate the market by 2025.

Automated Material Handling Equipment market operates in a highly fragmented industry with large number of local players capturing market place. Key players in the market are collaborating with other providers of automated material handling equipment to gain high market share. Some of the key players operating in the automated material handling equipment market includes Fives, Jungheinrich AG, Kion Group AG, Kuka AG, Daifuku Co., Ltd., Hyster-Yale Materials Handling, Inc., BEUMER Group GmbH & Co. KG, Hanwha Corporation, John Bean Technologies Corporation, and Toyota Industries Corporation among others.

The report segments the global automated material handling equipment market as follows:

Global Automated Material Handling Equipment Market - By Product

Robots

Fixed Robot

Articulated

Cylindrical

SCARA

Parallel

Cartesian

Mobile Robot

Automated Storage & Retrieval System

Unit Load

Mini Load

Vertical Lift Module

Carousel

Mid Load

Auto Store

Automated Conveyors & Sortation System

Belt

Roller

Overhead

Screw

Automated Cranes

JIB

Bridge

Gantry

Stacker

Automated Guided Vehicles

By Vehicle

Tow Vehicle

Unit Load

Pallet Truck

Assembly Line Vehicle

Forklift

Others

By Vehicle Navigation Technology

Laser Guidance

Magnetic Guidance

Inductive Guidance

Optical Tape Guidance

Vision Guidance

Others

Global Automated Material Handling Equipment Market - By System Type

Unit Load Material Handling System

Bulk Load Material Handling System

Global Automated Material Handling Equipment Market - By Component

Hardware

Software

Warehouse Management

Warehouse Control

Warehouse Execution

Services

Global Automated Material Handling Equipment Market - By Function

Storage

Transportation

Assembly

Packaging

Distribution

Waste Handling

Global Automated Material Handling Equipment Market - By Industry

Automotive

Hardware

Software

Services

Electronics

Hardware

Software

Services

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Food & Beverage

Hardware

Software

Services

E-commerce

Hardware

Software

Services

Aerospace

Hardware

Software

Services

Logistics

Hardware

Software

Services

Pharmaceuticals

Hardware

Software

Services

Others

Hardware

Software

Services

Global Automated Material Handling Equipment Market - By Geography

North America

U.S.

Canada

Mexico

Europe

France

Germany

Italy

Spain

U.K.

Rest of Europe

Asia Pacific (APAC)

China

India

Australia

Japan

Rest of APAC

Middle East and Africa (MEA)

Saudi Arabia

South Africa

UAE

Rest of MEA

South America (SAM)

Brazil

Rest of SAM

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