DUBLIN, Feb. 3, 2023 /PRNewswire/ -- The "Automated Material Handling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global automated material handling equipment market size reached US$ 34.3 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 52.6 Billion by 2027, exhibiting a CAGR of 7.39% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Material handling involves a wide range of activities, including movement, protection, storage and control, which are performed during manufacturing, warehousing, distribution, consumption and disposal of products and materials. It is nowadays commonly conducted using automated material handling equipment to reduce human intervention and improve logistics management.
It also helps in forecasting, production planning, resource allocation, inventory control, flow and process management, and after-sales support and services. Consequently, several organizations are relying on automated handling equipment to improve customer service, reduce inventory, shorten delivery time and lower overall handling costs.
Rapid industrialization, the emergence of the Fourth Industrial Revolution (Industry 4.0) and the widespread adoption of the internet of things (IoT), artificial intelligence (AI) and radio frequency identification (RFID) technologies are among the major factors spurring the market growth.
Apart from this, due to the substantial rise in the aerospace, agriculture, automotive and construction industries, leading companies in these sectors are utilizing next-generation automated material handling equipment to modernize manufacturing processes, increase flexibility in warehouse operations and enhance transparency in the supply chain.
Moreover, key players are emphasizing on mergers and acquisitions (M&A), collaborations and partnerships with other companies to introduce innovative products.
Furthermore, on account of the coronavirus disease (COVID-19) outbreak, implementation of social distancing rules by governing agencies and the rising adoption of remote working models, these players are also focusing on automating and digitizing the supply chains. This, in turn, is expected to provide a positive impact on the market growth.
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being BEUMER Group GmbH & Co. KG, Daifuku Co. Ltd., Honeywell International Inc., JBT Corporation, Kion Group AG, KNAPP AG, KUKA Aktiengesellschaft (Midea Group Co. Ltd.), Murta Machinery Ltd., TGW Logistics Group GmbH, Toyota Industries Corporation and Viastore Systems GmbH.
Key Questions Answered in This Report1. What are the key factors driving the global automated material handling equipment market?2. What has been the impact of COVID-19 on the global automated material handling equipment market?3. What is the breakup of the global automated material handling equipment market based on the component?4. What is the breakup of the global automated material handling equipment market based on the product?5. What is the breakup of the global automated material handling equipment market based on the function?6. What is the breakup of the global automated material handling equipment market based on the system type?7. What is the breakup of the global automated material handling equipment market based on the end use industry?8. What are the key regions in the global automated material handling equipment market?9. Who are the key players/companies in the global automated material handling equipment market?
Key Topics Covered: 1 Preface2 Scope and Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Automated Material Handling Equipment Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Forecast6 Market Breakup by Component6.1 Hardware6.1.1 Market Trends6.1.2 Market Forecast6.2 Software6.2.1 Market Trends6.2.2 Market Forecast6.3 Services6.3.1 Market Trends6.3.2 Market Forecast7 Market Breakup by Product7.1 Conveyors and Sorting Systems7.1.1 Market Trends7.1.2 Market Forecast7.2 Automated Storage and Retrieval Systems7.2.1 Market Trends7.2.2 Market Forecast7.3 Robots7.3.1 Market Trends7.3.2 Market Forecast7.4 Automated Guided Vehicles7.4.1 Market Trends7.4.2 Market Forecast7.5 Others7.5.1 Market Trends7.5.2 Market Forecast8 Market Breakup by Function8.1 Assembling8.1.1 Market Trends8.1.2 Market Forecast8.2 Packaging8.2.1 Market Trends8.2.2 Market Forecast8.3 Storage8.3.1 Market Trends8.3.2 Market Forecast8.4 Transportation8.4.1 Market Trends8.4.2 Market Forecast8.5 Distribution8.5.1 Market Trends8.5.2 Market Forecast8.6 Others8.6.1 Market Trends8.6.2 Market Forecast9 Market Breakup by System Type9.1 Unit Load9.1.1 Market Trends9.1.2 Market Forecast9.2 Bulk Load9.2.1 Market Trends9.2.2 Market Forecast10 Market Breakup by End Use Industry10.1 Automotive10.1.1 Market Trends10.1.2 Market Forecast10.2 Chemicals10.2.1 Market Trends10.2.2 Market Forecast10.3 Aviation10.3.1 Market Trends10.3.2 Market Forecast10.4 Semiconductor and Electronics10.4.1 Market Trends10.4.2 Market Forecast10.5 E-Commerce10.5.1 Market Trends10.5.2 Market Forecast10.6 Food and Beverages10.6.1 Market Trends10.6.2 Market Forecast10.7 Healthcare10.7.1 Market Trends10.7.2 Market Forecast10.8 Others10.8.1 Market Trends10.8.2 Market Forecast11 Market Breakup by Region12 SWOT Analysis13 Value Chain Analysis14 Porters Five Forces Analysis15 Price Analysis16 Competitive Landscape16.1 Market Structure16.2 Key Players16.3 Profiles of Key Players16.3.1 BEUMER Group GmbH & Co. KG16.3.1.1 Company Overview16.3.1.2 Product Portfolio 16.3.1.3 Financials 16.3.2 Daifuku Co. Ltd.16.3.2.1 Company Overview16.3.2.2 Product Portfolio16.3.2.3 Financials 16.3.3 Honeywell International Inc.16.3.3.1 Company Overview16.3.3.2 Product Portfolio 16.3.3.3 Financials 16.3.3.4 SWOT Analysis16.3.4 JBT Corporation16.3.4.1 Company Overview16.3.4.2 Product Portfolio 16.3.4.3 Financials 16.3.5 Kion Group AG16.3.5.1 Company Overview16.3.5.2 Product Portfolio 16.3.5.3 Financials16.3.6 KNAPP AG16.3.6.1 Company Overview16.3.6.2 Product Portfolio 16.3.6.3 Financials 16.3.7 KUKA Aktiengesellschaft (Midea Group Co. Ltd.)16.3.7.1 Company Overview16.3.7.2 Product Portfolio16.3.7.3 Financials 16.3.7.4 SWOT Analysis16.3.8 Murata Machinery Ltd.16.3.8.1 Company Overview16.3.8.2 Product Portfolio 16.3.9 TGW Logistics Group GmbH16.3.9.1 Company Overview16.3.9.2 Product Portfolio16.3.9.3 Financials 16.3.10 Toyota Industries Corporation16.3.10.1 Company Overview16.3.10.2 Product Portfolio 16.3.10.3 Financials 16.3.10.4 SWOT Analysis16.3.11 Viastore Systems GmbH16.3.11.1 Company Overview16.3.11.2 Product Portfolio 16.3.11.3 Financials
For more information about this report visit https://www.researchandmarkets.com/r/ayd1au
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