Automated Material Handling Systems Market Research Report, Its History and Forecast 2024 to 2031
Market Overview and Report Coverage
Automated Material Handling Systems refer to the use of various automated equipment and systems to move, store, and protect materials in a manufacturing or distribution facility. These systems help improve efficiency, reduce labor costs, and minimize errors in material handling processes.
The future outlook for the Automated Material Handling Systems Market looks promising, with a projected CAGR of % during the forecasted period. The market is expected to witness significant growth due to factors such as increasing adoption of automation in industries, growing demand for efficient material handling solutions, and advancements in technology like IoT and AI.
Current trends in the market include the integration of robotics and automation, the rise of e-commerce leading to higher demand for automated storage and retrieval systems, and the focus on sustainability and energy efficiency in material handling operations.
Overall, the Automated Material Handling Systems Market is poised for substantial growth, driven by technological advancements, increasing demand for automation, and the need for more efficient and cost-effective material handling solutions.
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Market Segmentation
The Automated Material Handling Systems Market Analysis by types is segmented into:
- Automated Guided Vehicle Systems (AGV)
- Automated Storage & Retrieval Systems (AS/RS)
- Automated Conveyor & Sortation Systems
- Robotic Systems
Automated Material Handling Systems include various types such as Automated Guided Vehicle Systems (AGV), which use vehicles to transport materials within a facility. Automated Storage & Retrieval Systems (AS/RS) automatically store and retrieve items from designated locations. Automated Conveyor & Sortation Systems move items along a conveyor belt and sort them based on predetermined criteria. Robotic Systems market involves the use of robots to perform material handling tasks such as picking, packing, and palletizing. These systems help improve efficiency, accuracy, and safety in material handling operations.
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The Automated Material Handling Systems Market Industry Research by Application is segmented into:
- E-commerce & Retail
- Food & Beverage
- Manufacturing
- Pharmaceutical
- Airport
- Others
Automated Material Handling Systems are widely used in various industries such as e-commerce & retail, food & beverage, manufacturing, pharmaceutical, airports, and others. In e-commerce & retail, these systems help streamline order fulfillment and improve efficiency. In the food & beverage industry, they ensure proper handling and storage of goods. In manufacturing, they enhance productivity and reduce labor costs. In the pharmaceutical sector, they ensure precise handling of sensitive materials. Airports use these systems for sorting baggage and improving passenger experience. Other industries also benefit from the increased efficiency and accuracy provided by automated material handling systems.
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In terms of Region, the Automated Material Handling Systems Market Players available by Region are:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
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What are the Emerging Trends in the Global Automated Material Handling Systems market?
The global automated material handling systems market is witnessing several emerging trends, including the increasing adoption of robotics and automation in warehouses and distribution centers, the integration of artificial intelligence for improved decision-making, and the implementation of IoT and cloud technology for real-time tracking and monitoring. Current trends in the market include the growing demand for AMHS in e-commerce and retail sectors, the emphasis on sustainability and energy efficiency in material handling systems, and the development of autonomous mobile robots for flexible and scalable operations. Overall, the market is experiencing rapid advancements in technology to meet the evolving needs of modern supply chains.
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Major Market Players
Daifuku is a leading player in the automated material handling systems market, with a strong global presence and a wide range of products and solutions. The company has been experiencing steady market growth, driven by increasing demand for automation in industries such as e-commerce, automotive, and food and beverage. Daifuku's innovative technologies, such as automated guided vehicles (AGVs) and robotic arms, have been well-received by customers looking to enhance their warehouse operations.
Schaefer Systems International is another key player in the market, known for its high-quality storage and retrieval systems and automated picking solutions. The company has been focusing on expanding its product portfolio and strengthening its presence in emerging markets to capitalize on the growing demand for automation solutions.
KION Group, which acquired Dematic GmbH in 2016, has become a major player in the automated material handling systems market. The company offers a comprehensive range of warehouse automation solutions, including conveyor systems, robotic palletizers, and sortation systems. KION Group has been experiencing significant market growth, driven by the increasing adoption of automation in logistics and manufacturing sectors.
In terms of sales revenue, Daifuku reported sales of $ billion in 2020, while KION Group generated sales revenue of $9.5 billion. These figures reflect the strong market position of these companies and their ability to capture a significant share of the automated material handling systems market.
Overall, the automated material handling systems market is highly competitive, with players like Daifuku, Schaefer Systems International, and KION Group leading the way with their innovative products and solutions. The market is expected to continue growing in the coming years, driven by the increasing adoption of automation across various industries.
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