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2020-09-01
740
Global
Development of advanced robotics is one of the major technology trends that have an intense and progressive impact on society. Robots or automated material handling equipment are now working together with factory and warehouse employees to assemble and distribute goods across the globe with higher quality and at lower cost. Material handling and logistic cost of goods are expensive operations which involve of 10% to 80% product cost and this fraction is likely to increase for inexpensive products. Physical distribution or movement of goods from manufacturing plant to customer alone accounts for 25% of the product cost, which is the major factor the adoption of cost effective and efficient automated material handling equipment to ensure the quick and high productive material handling operations.
By Product Type
Material Handling Equipment
Conveyor systems
Cranes/Hoists
Automatic guided vehicles (AGV)
By Applications Type
Storage and Retrieval
Transportation
Assembly
Packaging
Distribution
By Services
Software and Hardware (Installation and Up-gradations)
Training
Support and Maintenance
By End Users
Marine and Air Ports
Manufacturing Sector
Transportation and Logistics
Construction Industry
E-commerce
By Geography
North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}
Based on end users, manufacturing sector accounted for the largest revenue of about 40% in global automated material handling equipment market in 2016. Moreover, amplified demand for efficient warehouse and logistic operations in e-commerce industry, the e-commerce segment is anticipated to account for the highest growth rate over the forecast period.
Geographically, Asia Pacific region accounted for the largest market share of more than 35% revenue in global automated material handling equipment market. Growing manufacturing units in countries like India and China will augment the application of such equipment over the next few years. The Asia Pacific region is projected to grow at a CAGR of around +10% during the forecast period. On the other hand, Europe is closely followed by the Asia Pacific region, which occupied about 28% of the market share owing to presence of big automotive industry players and huge automobile production in the region.
According to our global automated material handling equipment market study on the basis of extensive primary and secondary research, one major trend in the market is recent and dramatic expansion in the development of robots for use in warehouses, predominantly those serving the rapidly growing e-commerce industry. For instance, Amazon established the use of automated material handling equipment and robotics in its e-commerce warehouses in U.S with Kiva robots. It acquired the Kiva Robotics, company in 2012 and drew the products from open sale, eliciting a boom in development activity to fill the gap in the market. At present, many companies in the USA, Europe and Asia have since been set up to exploit this huge opportunity and now manufacture automated material handling equipment for use in warehouse and logistic operations across the globe.
According to the report, major driver in global automated material handling equipment market is constantly growing demand for automated material handling equipment as companies derive more and more worth from cost-cutting and labor-reduction. As sensor technologies advance and the capability to harness and investigate big data becomes more feasible in real time, the limits of operational efficiency in manufacturing, processing, material handling and logistics industries will continue to be pushed.
Our global automated material handling equipment market report comprises of the following companies as the key players in the global automated material handling equipment market:
The report covers the present ground scenario and the future growth prospects of the automated material handling equipment market for 2017-2030 along with the total revenue of automated material handling equipment industry in every region. We calculated the market size and revenue share on the basis of revenue generated per segment, regional and country level. The revenue forecast is given on the basis of number of automated material handling Equipment manufacturers and current growth rate of the market.
Global Automated Material Handling Equipment Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global automated material handling equipment market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global automated material handling equipment market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.
Further, the report states that one challenge in global automated material handling equipment market is to maintain the correct degree of control as the correct amount of control depends upon the culture of the organization and the employees who manage and execute material handling operations.The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Automated Material Handling Equipment Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
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