Automated Material Handling Equipment Market
Automated Material Handling Equipment Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Robots, ASRS, Conveyors & Sortation Systems, Cranes, WMS, AGV
- By System Type Unit Load Material Handling, Bulk Load Material Handling
- By Vertical Automotive, Metals & Heavy Machinery, Food & Beverages, Chemicals, Healthcare, 3PL, Semiconductors & Electronics, Aviation, E-Commerce, Others
- By Region North America, Asia Pacific, Europe, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 28.34 Billion |
Revenue 2030: | USD 56.46 Billion |
Revenue CAGR (2023 - 2030): | 9.00% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Automated Material Handling Equipment Market by Product by System Type by Vertical by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Automated Material Handling Equipment in terms of revenue?
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The global Automated Material Handling Equipment valued at USD 28.34 Billion in 2022 and is expected to reach USD 56.46 Billion in 2030 growing at a CAGR of 9.00%.
Which are the prominent players in the market?
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The prominent players in the market are Daifuku, KION, SSI Schaefer, Toyota industries, Honeywell International, Hyster-Yale material handling, Jungheinrich, Hanwha, JBT, Kuka, Beumer, KNAPP, Murata machinery, TGW Logistics , Viastore, Addverb Technologies, Autocrib, Automation logistics, Avancon, Ferreto, Grabit, Invata intralogistics, Invia robotics, Locus robotics, and Meiden America.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 9.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Automated Material Handling Equipment include
- Surge in demand for automated storage and retrieval systems in e-commerce industry due to COVID-19
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Automated Material Handling Equipment in 2022.