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Automated Material Handling Equipment Market Trends and Forecast

The future of the global automated material handling equipment market looks promising with opportunities in the automotive, metal & heavy machinery, food & beverage, chemical, healthcare, 3PL, semiconductor & electronic, aviation, and e-commerce end use industries. The global automated material handling equipment market is expected to reach an estimated $47.4 billion by 2028 with a CAGR of 8.1% from 2023 to 2028. The major drivers for this market are the widespread adoption of automation in industries, like e-commerce sector, rising demand for robotic solution in warehouse automations, and growing trend towards the digitization of supply chain operations while integrating with IoT.
Automated Material Handling Equipment Market by Product, System Type, and End Use Industry
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown here. 
Automated Material Handling Equipment Market by Segments

Automated Material Handling Equipment Market by Segment

The study includes trends and forecast for the global automated material handling equipment market by product, system type, end use industry, and region, as follows:

Automated Material Handling Equipment Market by Product [Shipment Analysis by Value from 2017 to 2028]:

  • Robots
  • ASRS
  • Conveyors & Sortation Systems
  • Cranes
  • WMS
  • AGV
  • Others

Automated Material Handling Equipment Market by System Type [Shipment Analysis by Value from 2017 to 2028]:

  • Unit Load Material Handling
  • Bulk Load Material Handling

Automated Material Handling Equipment Market by End Use Industry [Shipment Analysis by Value from 2017 to 2028]:

  • Automotive
  • Metals & Heavy Machinery
  • Food & Beverage
  • Chemical
  • Healthcare
  • 3PL
  • Semiconductor & Electronics
  • Aviation
  • E-Commerce
  • Others

Automated Material Handling Equipment Market by Region [Shipment Analysis by Value from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Automated Material Handling Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, automated material handling equipment companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automated material handling equipment companies profiled in this report include- 
  • Daifuku
  • Kardex Group
  • KION Group
  • JBT
  • Jungheinrich

Automated Material Handling Equipment Market Insights

  • Lucintel forecasts that unit load will remain the larger system type segment over the forecast period due to its increasing application in the e-commerce sector, owing to its high-density storage, reduced aisle space, and optimization of a facility's vertical height so as to turn open air into useful storage space.
  • Automotive is expected to remain the largest end use industry segment due to the emerging requirement of automated technology in the automotive sector for just-in-time (JIT) delivery of supplies, improve inventory management, as well as to decrease the cost of unproductive labor.
  • APAC will remain the largest region due to rapid industrialization, the presence of key manufacturing hubs in Japan, and significant existence of major e-commerce buyers and sellers in China.

Features of the Automated Material Handling Equipment Market

  • Market Size Estimates: Automated material handling equipment market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Automated material handling equipment market size by various segments, such as product, system type, end use industry, and region
  • Regional Analysis: Automated material handling equipment market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different products, system types, end use industries, and regions for the automated material handling equipment market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the automated material handling equipment market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the automated material handling equipment market size?
Answer: The global automated material handling equipment market is expected to reach an estimated $47.4 billion by 2028.
Q2. What is the growth forecast for automated material handling equipment market?
Answer: The global automated material handling equipment market is expected to grow with a CAGR of 8.1% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automated material handling equipment market?
Answer: The major drivers for this market are the widespread adoption of automation in industries, like e-commerce sector, rising demand for robotic solution in the warehouse automation, and growing trend towards the digitization of supply chain operations while integrating with IoT.
Q4. What are the major segments for automated material handling equipment market?
Answer: The future of the automated material handling equipment market looks promising with opportunities in the automotive, metal & heavy machinery, food & beverage, chemical, healthcare, 3PL, semiconductor & electronic, aviation, and e-commerce end use industries.
Q5. Who are the key automated material handling equipment companies?
Answer: Some of the key automated material handling equipment companies are as follows:
  • Daifuku
  • Kardex Group
  • KION Group
  • JBT
  • Jungheinrich
Q6.Which automated material handling equipment segment will be the largest in future?
Answer: Lucintel forecast that unit load will remain the larger system type segment over the forecast period due to its increasing application in the e-commerce sector, owing to its high-density storage, reduced aisle space, and optimization of a facility's vertical height so as to turn open air into useful storage space.
Q7. In automated material handling equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to rapid industrialization, the presence of key manufacturing hubs in Japan, and significant existence of major e-commerce buyers and sellers in China.
Q8.Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1.What are some of the most promising, high-growth opportunities for the global automated material handling equipment market by product (robots, ASRS, conveyors & sortation systems, cranes, WMS, AGV, and others), system type (unit load material handling and bulk load material handling), end use industry (automotive, metals & heavy machinery, food & beverages, chemical, healthcare, 3PL, semiconductor & electronics, aviation, e-commerce, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
 
For any questions related to automated material handling equipment market or related to automated material handling equipment companies, automated material handling equipment market size, automated material handling equipment market share, automated material handling equipment market growth, automated material handling equipment market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Automated Material Handling Equipment Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Automated Material Handling Equipment Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Automated Material Handling Equipment Market by Product
3.3.1: Robots
3.3.2: ASRS
3.3.3: Conveyors & Sortation Systems
3.3.4: Cranes
3.3.5: WMS
3.3.6: AGV
3.3.7: Others
3.4: Global Automated Material Handling Equipment Market by System Type
3.4.1: Unit Load Material Handling
3.4.2: Bulk Load Material Handling
3.5: Global Automated Material Handling Equipment Market by End Use Industry  
3.5.1: Automotive
3.5.2: Metals & Heavy Machinery
3.5.3: Food & Beverages
3.5.4: Chemical
3.5.5: Healthcare
3.5.6: 3PL
3.5.7: Semiconductor & Electronics
3.5.8: Aviation
3.5.9: E-Commerce
3.5.10: Others
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Automated Material Handling Equipment Market by Region
4.2: North American Automated Material Handling Equipment Market
4.2.1: North American Automated Material Handling Equipment Market by System Type: Unit Load Material Handling and Bulk Load Material Handling
4.2.2: North American Automated Material Handling Equipment Market by End Use Industry: Automotive, Metals & Heavy Machinery, Food & Beverage, Chemical, Healthcare, 3PL, Semiconductor & Electronics, Aviation, E-Commerce, and Others
4.3: European Automated Material Handling Equipment Market
4.3.1: European Automated Material Handling Equipment Market by System Type: Unit Load Material Handling and Bulk Load Material Handling
4.3.2: European Automated Material Handling Equipment Market by End Use Industry: Automotive, Metals & Heavy Machinery, Food & Beverage, Chemical, Healthcare, 3PL, Semiconductor & Electronics, Aviation, E-Commerce, and Others
4.4: APAC Automated Material Handling Equipment Market 
4.4.1: APAC Automated Material Handling Equipment Market by System Type: Unit Load Material Handling and Bulk Load Material Handling
4.4.2: APAC Automated Material Handling Equipment Market by End Use Industry: Automotive, Metals & Heavy Machinery, Food & Beverage, Chemical, Healthcare, 3PL, Semiconductor & Electronics, Aviation, E-Commerce, and Others
4.5: ROW Automated Material Handling Equipment Market 
4.5.1: ROW Automated Material Handling Equipment Market by System Type: Unit Load Material Handling and Bulk Load Material Handling
4.5.2: ROW Automated Material Handling Equipment Market by End Use Industry: Automotive, Metals & Heavy Machinery, Food & Beverage, Chemical, Healthcare, 3PL, Semiconductor & Electronics, Aviation, E-Commerce, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automated Material Handling Equipment Market by Product 
6.1.2: Growth Opportunities for the Global Automated Material Handling Equipment Market by System Type
6.1.3: Growth Opportunities for the Global Automated Material Handling Equipment Market by End Use Industry
6.1.4: Growth Opportunities for the Global Automated Material Handling Equipment Market by Region
6.2: Emerging Trends in the Global Automated Material Handling Equipment Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automated Material Handling Equipment Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automated Material Handling Equipment Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Daifuku
7.2: Kardex Group
7.3: KION Group
7.4: JBT
7.5: Jungheinrich 
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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