Market Overview
Market Research Future (MRFR) highlights in its latest
research report that the global automated material handling market 2020 is
projected to rise tremendously over the review period, achieving a significant
market valuation and a substantial CAGR over the review period.
Drivers and
Restraints
Such equipment has evolved rapidly in recent years, with the
adoption of technology has undergone many significant transformations. Clearly,
producers are the driving forces for making such improvements happen. Taking
into account the three goals, they have set up a variety of automated equipment
such as cranes, conveyors, elevators, lift and lift truck track cranes,
stackers, bridge cranes and monorails, port cranes and helicopter lifts, etc.
In this field, technical advances have slowly taken advantage of practical and
cost-effective approaches leading to the automation of such equipment. These
innovations have unprecedentedly accompanied their market value, making these
devices accessible and widely adopted.
Other factors which contribute to market growth include
rising automation across manufacturing industries. The ever-growing need for
resource utilization and raw material use drives the demand & adoption of
Automated Material Handling Equipment. In addition to factors such as
continuous technological growth, manufacturing plant modernization, and
industrial base expansion in developed countries, automated material handling
equipment supplies fuel for business development.
Competitive
Analysis
The major market players operating in the global market as
acknowledged by MRFR are Daifuku Co. Ltd (Japan), Schaefer Holding
International (Germany), Murata Machinery (Japan), Dematic (U.S.), Mecalux
(Spain), Vanderlande Industries (U.S.), Swisslog AG (Switzerland), BEUMER Group
(Germany), Kardex (Switzerland), Intelligrated (U.S.), among others.
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Segmental
Analysis
·
Segmentation
by Operation has been done into storage & transportation,
assembly, waste management, Packaging & distribution, among others.
·
Segmentation
by Software & Services comprises Services- (training, Maintenance &
Repairs, and software up-gradation), Software (WMS- Warehouse management
system, and TMS- Transportation management system).
·
Segmentation
by Application includes healthcare, foods & beverages, automotive,
e-commerce, chemicals, semiconductors, aviation, and electronics, among others.
·
Segmentation
by Automated Equipment comprises automated cranes, Automated guided
vehicles, robotics systems, conveyors, automated storage and retrieval system,
among others.
Regional
Outlook
The global market geographic synopsis was analyzed in four
major regions, including North America, Europe, Asia Pacific and the rest of
the world.
The Asia-Pacific region dominates the Automated Material
Handling industry because of the presence of numerous manufacturing plants in
the various countries in the region. Most of the APAC nations are in their
phase of development and are thus open to foreign investors, thereby enabling
the production unit in these countries to be accessible to multidomain international
players. The Asia-Pacific area is also expected to expand significantly in
Equipment for Power Quality (PQE) space. Furthermore, automated material
handling enables material processing and production, particularly in the
e-commerce market.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Automated Material Handling Market, By Segments
7.
Competitive Analysis
Continued…
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