Automated Material Handling Equipment by Type (Automated Storage and Retrieval Systems, Automated Conveyor and Sortation Systems, Automated Guided Vehicle Systems, Robotic Systems, World Automated Material Handling Equipment Production ), by Application (E-commerce and Retail, Food and Beverage, Manufacturing, Pharmaceutical, Airport, Others, World Automated Material Handling Equipment Production ), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
Market Size and Forecast:
The global automated material handling equipment market is projected to reach a value of $62780 million by 2033, expanding at a CAGR of XX% over the forecast period. The growth is attributed to the increasing adoption of automation in industries to enhance efficiency, reduce costs, and improve safety. Key end-use sectors driving the market include e-commerce and retail, food and beverage, manufacturing, and pharmaceutical. The market is segmented by equipment type, including automated storage and retrieval systems, conveyor and sortation systems, guided vehicle systems, and robotic systems.
Regional Analysis and Competitive Landscape:
North America is the largest market for automated material handling equipment, followed by Europe and Asia Pacific. Growing demand from manufacturing hubs such as the United States, China, and India is fueling growth in these regions. Major market players include Schaefer, Daifuku, Dematic, Murata Machinery, Vanderlande, Mecalux, and Beumer Group. These companies are investing in research and development to introduce advanced technologies and expand their product portfolios. Furthermore, the emergence of startups and the increasing focus on automation as a service (AaaS) models are expected to create new opportunities for market growth.
Automated material handling equipment is revolutionizing industrial operations, streamlining processes, and enhancing productivity. These advanced systems employ various technologies to automate the movement and handling of materials, resulting in numerous benefits for businesses.
The global automated material handling equipment market is projected to reach $72.59 billion by 2029, exhibiting a CAGR of 7.4%. Key market insights driving this growth include:
Several factors are fueling the growth of the automated material handling equipment market:
Despite the impressive growth potential, challenges and restraints face the automated material handling equipment market:
Region: Asia Pacific is expected to dominate the automated material handling equipment market due to factors such as rapid industrialization, e-commerce growth, and government initiatives.
Segment: Automated Storage and Retrieval Systems (ASRS) are projected to witness the highest growth, driven by the need for space optimization and improved inventory management.
- Automated Storage and Retrieval Systems (ASRS): - Schaefer: - Daifuku: - Dematic: - Murata Machinery: - Vanderlande: - Mecalux: - Beumer group: - Fives group: - Swisslog AG: - Intelligrated: - Knapp: - Kardex AG: - TGW Logistics: - Grenzebach: - Witron: - Viastore: - System Logistics:
Major players in the automated material handling equipment market include:
This report provides comprehensive coverage of the automated material handling equipment market, including:
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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