Jul 18, 2019 (AmericaNewsHour) — MarketStudyReport.com Adds New Automated Material Handling Equipment Market 2018 – 2025 research report providing information and data by Product, System Type, Component, Function, Industry, Industry Analysis, Regional Outlook, Competitive Market Share & Forecast spreading across 232 Pages with table and figures in it.
In our study, we have segmented the automated material handling equipment market by product into robots, automated storage & retrieval system, automated conveyors & sortation system, automated cranes, and automated guided vehicles. On the basis of system type, the automated material handling equipment market is segmented by unit load material handling system and bulk load material handling system. Based on the component, the automated material handling equipment market is sub-divided into hardware, software, and services. By function, the automated material handling equipment market is segmented into storage, transportation, assembly, packaging, distribution, and waste handling. The industries analyzed in the study are automotive, electronics, food & beverage, e-commerce, aerospace, logistics, pharmaceuticals, and others. On the basis of geography, the automated material handling equipment market is segmented into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).
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Automated material handling equipment is used for storage, control, protection, and movement of goods. These tools are very convenient to use throughout the process of distribution, manufacturing, consumption and finally disposal. The automated material handling equipment simplifies the process and are used in modern day to day industries. The emergence of online shopping and e-commerce is resulting in bolstering the automated material handling equipment market growth as well as the increasing adoption of automated solutions in manufacturing industries, particularly in the developing economies. Handling of goods for industry verticals such as metals & heavy machinery, aviation sector, and automotive sector for a human could be very challenging and puts the workforce to higher health safety risks. The need to create a safer workplace for the labor, and allow for machines to replace the traditional material handling techniques, the automated material handling equipment market demand is anticipated to pace up at higher rates during the forecast period. However, the high cost associated with the installation of this equipment along with the overall maintenance cost is hindering the automated material handling equipment market growth.
The global automated material handling equipment market accounted US$ 28.64 Bn in 2017 and is expected to grow at a CAGR of 7.6% during the forecast period 2018 – 2025, to account to US$ 51.22 Bn by 2025.
A number of industrial facilities and warehouses are increasing the use of automated solutions to enhance their profits, warehouse operations, comfort as well as worker safety. Industries such as automotive, metals & heavy machinery, food & beverages, and others are concerned about reducing labor-intensive processes, increasing accuracy and speed for material handling. The advent of Industry 4.0 or the Industrial Internet of Things (IIoT) that would utilize the powers of collaborative robots, and automated guided vehicles is further anticipated to drive productivity in the manufacturing sector thereby propelling the growth of automated material handling equipment market.
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The top companies operating in the field of automated material handling equipment include Daifuku Co. Ltd., Hyster-Yale Material Handling, Inc., Jungheinrich AG, Kion Group AG, Toyota Industries Corporation, Hanwha Corporation, John Bean Technologies Corporation, Kuka AG, Beumer Group Gmbh & Co., and Fives Group among others. Various other companies operating in the market and are coming up with new technologies and offerings which is helping the market for automated material handling equipment to expand over the years in terms of revenue.
Table of content:
1. INTRODUCTION 26
1.1 SCOPE OF THE STUDY 26
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 27
2. KEY TAKEAWAYS 29
3. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET LANDSCAPE 33
3.1 MARKET OVERVIEW 33
3.2 MARKET SEGMENTATION 34
3.2.1 Global Automated Material Handling Equipment Market – By Product 35
3.2.2 Global Automated Material Handling Equipment Market – By System Type 36
3.2.3 Global Automated Material Handling Equipment Market – By Component 36
3.2.4 Global Automated Material Handling Equipment Market – By Function 36
3.2.5 Global Automated Material Handling Equipment Market – By Industry 36
3.2.6 Global Automated Material Handling Equipment Market – By Geography 37
3.3 PEST ANALYSIS 38
3.3.1 North America – PEST Analysis 38
3.3.2 Europe – PEST Analysis 40
3.3.3 Asia Pacific – PEST Analysis 42
3.3.4 MEA – PEST Analysis 44
3.3.5 South America- PEST Analysis 46
4. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET – KEY INDUSTRY DYNAMICS 48
4.1 KEY MARKET DRIVERS 48
4.1.1 Enhanced focus on the manufacturing sector in the emerging economies coupled with automation integrations in the sector 48
4.1.2 Need for a more efficient and advanced material handling technique 48
4.1.3 Evolution of advanced complementary technologies further enabling growth of automated material handling equipment 49
4.2 KEY MARKET RESTRAINTS 50
4.2.1 High initial investments coupled with the complexities involved refrain small industries from installing 50
4.3 KEY MARKET OPPORTUNITIES 50
4.3.1 Booming e-commerce industry to generate more business opportunities 50
4.4 FUTURE TRENDS 51
4.4.1 Integration of Artificial Intelligence and Big Data Integration of Artificial Intelligence and Big Data 51
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 51
5. AUTOMATED MATERIAL HANDLING EQUIPMENT – GLOBAL MARKET ANALYSIS 53
5.1 GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET OVERVIEW 53
5.2 GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FORECAST AND ANALYSIS 54
6. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 – PRODUCT 56
6.1 OVERVIEW 56
6.2 PRODUCT MARKET FORECASTS AND ANALYSIS 56
6.3 ROBOTS 57
6.3.1 Overview 57
6.3.2 Robots market forecasts and analysis 57
6.3.2.1 Fixed robots market 58
6.3.2.1.1 Overview 58
6.3.2.1.2 Fixed robots market forecast and analysis 59
6.3.2.2 Mobile robots market 60
6.3.2.2.1 Overview 60
6.3.2.2.2 Mobile robots market forecast and analysis 60
6.4 AUTOMATED STORAGE & RETRIEVAL SYSTEM (ASRS) MARKET 61
6.4.1 Overview 61
6.4.2 Automated storage & retrieval system market forecasts and analysis 61
6.4.2.1 Unit load market 62
6.4.2.1.1 Overview 62
6.4.2.1.2 Unit load market forecast and analysis 62
6.4.2.2 Mini load market 63
6.4.2.2.1 Overview 63
6.4.2.2.2 Mini load market forecast and analysis 63
6.4.2.3 Vertical lift module (VLM) market 64
6.4.2.3.1 Overview 64
6.4.2.3.2 Vertical lift module market forecast and analysis 64
6.4.2.4 Carousel market 65
6.4.2.4.1 Overview 65
6.4.2.4.2 Carousel market forecast and analysis 65
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Related Report:
Global Automated Material Handling Equipment Market Insights, Forecast to 2025
Global Automated Material Handling Equipment market size will increase to 18200 Million US$ by 2025, from 11700 Million US$ in 2018, at a CAGR of 6.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automated Material Handling Equipment.
https://www.marketstudyreport.com/reports/global-automated-material-handling-equipment-market-insights-forecast-to-2025/?utm_source=RR-AN
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The post At 7.6% CAGR, Automated Material Handling Equipment Market Size Set to Register 51.22 Bn USD by 2025 appeared first on America News Hour.
