HOME Top Market Reports Automated Material Handling (AMH) Equipment Market by Product (Robots, ASRS, Conveyor and Sortation Systems, Cranes, AGV), System Type (Unit Load, Bulk Load), Software & Services, Function, Industry, and Region - Global Forecast to 2024

Automated Material Handling (AMH) Equipment Market by Product (Robots, ASRS, Conveyor and Sortation Systems, Cranes, AGV), System Type (Unit Load, Bulk Load), Software & Services, Function, Industry, and Region - Global Forecast to 2024

By: marketsandmarkets.com
Publishing Date: September 2018
Report Code: SE 2976

 

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[184 Pages Report] The automated material handling (AMH) equipment market is estimated to be valued at USD 33.46 billion in 2018 and is expected to reach USD 53.59 billion by 2024, at a CAGR of 8.2% during 2018–2024. Growing presence of start-up companies offering robotic solutions for warehouse automation, increasing popularity of AMH equipment among leading industries, significant recovery in global manufacturing, and rising labor cost and safety concerns are the key factors driving the AMH equipment market growth. The base year considered for the study is 2017, and the forecast period considered is from 2018 to 2024. The report provides detailed information regarding the major factors influencing the growth of this market.

Material Handling Equipment Market

Growing presence of start-up companies offering robotic solutions for warehouse automation

After the successful implementation of mobiles robots by Amazon (US) in its warehouses for the pick-and-place operations, several companies have shifted their focus to implementing mobile robots in their logistics operations. Moreover, the evolution of the goods-to-person concept and robotics-enabled order fulfillment has further fueled the demand for mobile robots in warehousing operations. In the past few years, there has been a significant increase in the number of start-up companies in the mobile robotics ecosystem. Fetch Robotics (US), IAM Robotics (US), Magazino (Germany), 6 River Systems (US), GreyOrange (Singapore), Locus Robotics (US), Geek+ (China), and InVia Robotics (US) are a few of the fastest-growing start-up companies in this ecosystem. These players are offering cost-effective, flexible, and efficient mobile robots, which can be used for automating various warehouse operations, such as storage and retrieval, transportation, and packaging. Furthermore, the favorable environment created by venture capitalists for investments is encouraging the mobile robotics start-ups to develop new products. For instance, in April 2018, 6 River Systems (US) raised the Series B funding of USD 25 million with Menlo Ventures (US), which is a firm specializing in providing capital to the start-up companies.

Market Dynamics

Drivers

  • Growing presence of start-up companies offering robotic solutions for warehouse automation
  • Increasing popularity of AMH equipment among leading industries
  • Significant recovery in global manufacturing
  • Rising labor cost and safety concerns

Restraints

  • High upfront cost of AMH equipment for SMEs
  • High integration and switching costs

Opportunities

  • Increasing level of order customization and personalization
  • Digitization of supply chain processes with integration of IoT and AMH equipment

Challenges

  • Loss in production and revenue due to unwanted equipment downtime
  • Requirement of skilled workforce for repair and maintenance

Study Objectives:

  • To describe and forecast the automated material handling (AMH) equipment market, in terms of value, on the basis of product, system type, function, industry, and geography
  • To forecast the market size, in terms of value, for various segments with regard to 4 main regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To provide a detailed overview of the software used with AMH equipment and related services
  • To provide detailed information regarding the major factors influencing the growth of the AMH equipment market (drivers, restraints, opportunities, and challenges)
  • To analyze opportunities for stakeholders in the AMH equipment market by identifying the high-growth segments
  • To provide a detailed overview of the AMH equipment value chain
  • To analyze competitive growth strategies such as product launches and developments, contracts, acquisitions, agreements, partnerships, and collaborations in the AMH equipment market
  • To strategically profile key players in the AMH equipment market and comprehensively analyze their market positions in terms of ranking, key player strategies, and game-changing developments, such as contracts, product launches and developments, acquisitions, agreements, and partnerships

Research Methodology

This research study involves the use of secondary sources such as encyclopedias, directories, and databases (OneSource and Factiva) to identify and collect information for an extensive technical and commercial study of the AMH equipment market. Primary sources such as experts from related industries and suppliers have been interviewed to obtain and verify critical information, as well as assess prospects. Key players in the AMH equipment market have been identified through secondary research, and their respective market rankings have been determined through primary and secondary research. This research includes the study of annual reports of the top market players and interviews with key opinion leaders, such as CEOs, directors, and marketing personnel.

The figure below shows the breakdown of primaries, on the basis of company type, designation, and region, contacted during the research study.

Material Handling Equipment Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem:

As of 2017, Toyota Industries (Japan), Jungheinrich (Germany), KION (Germany), Daifuku (Japan), and Hyster-Yale Materials Handling (US) were the major players in the AMH equipment market. Other players in the AMH equipment market include Hanwha (South Korea), John Bean Technologies (US), KUKA (Germany), BEUMER (Germany), Fives (France), KNAPP (Germany), Murata Machinery (Japan), SSI Schaefer (Germany), TGW (Austria), and Viastore (Germany).

Critical Questions:

  • How do the AMH equipment manufacturers position themselves in this competitive market?
  • Which are the major industries maximally adopting AMH equipment?
  • What are the growth perspectives of the market players in different regions?

Target Audience:

  • Industries such as automotive, chemicals, food & beverages, metals and heavy machinery, e-commerce, and semiconductor and electronics
  • Government bodies, venture capitalists, and private equity firms
  • Manufacturers of material handling systems such as robots, ASRS, AGV, conveyors and sortation systems, and cranes
  • Material handling system integrators
  • Research organizations and consulting companies
  • Software and service providers

 “This study answers several questions for stakeholders, primarily the market segments to focus on in the next 2–5 years for prioritizing efforts and investments.”

Scope of the Report:

In this report, the overall AMH equipment market has been segmented on the basis of product, system type, function, industry, and geography.

AMH Equipment Market, by Product:

  • Robots
  • Conveyors and Sortation Systems
  • Automated Storage and Retrieval Systems (ASRS)
  • Cranes
  • Automated Guided Vehicles (AGV)

AMH Equipment Market, by System Type 

  • Unit Load Material Handling Systems
  • Bulk Load Material Handling Systems

AMH Equipment Market, by Function

  • Storage
  • Transportation
  • Assembly
  • Packaging
  • Distribution
  • Waste Handling

AMH Equipment Market, by Industry

  • Automotive
  • Chemicals
  • Aviation
  • Semiconductor & Electronics
  • E-Commerce
  • Food & Beverages
  • Healthcare
  • Metals and Heavy Machinery
  • Others

AMH Equipment Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • Australia
    • South Korea
    • India
    • Rest of APAC
  • Rest of the World (RoW)
    • South America
    • Middle East
    • Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to a company’s specific need. The following customization options are available for the report:

Company information

  • Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Market Covered
           1.3.2 Years Considered
    1.4 Currency & Pricing
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Key Data From Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
                    2.1.3.2 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Arriving at Market Size By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Arriving at Market Size By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 32)

4 Premium Insights (Page No. - 38)
    4.1 Attractive Opportunities for AMH Equipment Market Growth During 2018–2024
    4.2 AMH Equipment Market, By Product
    4.3 AMH Equipment Market, By System Type
    4.4 AMH Equipment Market, By Function
    4.5 AMH Equipment Market, By Industry & Region
    4.6 AMH Equipment Market, By Geography

5 Market Overview (Page No. - 42)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Presence of Start-Up Companies Offering Robotic Solutions for Warehouse Automation
                    5.2.1.2 Increasing Popularity of AMH Equipment Among Leading Industries
                    5.2.1.3 Significant Recovery in Global Manufacturing
                    5.2.1.4 Rising Labor Cost and Safety Concerns
           5.2.2 Restraints
                    5.2.2.1 High Upfront Cost of AMH Equipment for SMEs
                    5.2.2.2 High Integration and Switching Costs
           5.2.3 Opportunities
                    5.2.3.1 Increasing Level of Order Customization and Personalization
                    5.2.3.2 Digitization of Supply Chain Processes With Integration of IoT and AMH Equipment
           5.2.4 Challenges
                    5.2.4.1 Loss in Production and Revenue Due to Unwanted Equipment Downtime
                    5.2.4.2 Requirement of Skilled Workforce for Repair and Maintenance
    5.3 Value Chain Analysis

6 Market Analysis, By Product (Page No. - 49)
    6.1 Introduction
    6.2 Robots
           6.2.1 Fixed Robots
                    6.2.1.1 Articulated Robots
                    6.2.1.2 Cylindrical Robots
                    6.2.1.3 Scara Robots
                    6.2.1.4 Parallel Robots
                    6.2.1.5 Cartesian Robots
           6.2.2 Mobile Robots
    6.3 Automated Storage & Retrieval Systems (ASRS)
           6.3.1 Unit Load
           6.3.2 Mini Load
           6.3.3 Vertical Lift Module
           6.3.4 Carousel
           6.3.5 Mid Load
           6.3.6 Autostore
    6.4 Conveyor & Sortation Systems
           6.4.1 Belt
           6.4.2 Roller
           6.4.3 Overhead
           6.4.4 Screw
    6.5 Cranes
           6.5.1 JIB
           6.5.2 Bridge
           6.5.3 Gantry
           6.5.4 Stacker
    6.6 Automated Guided Vehicles (AGV)
           6.6.1 Market for AGV, By Type
                    6.6.1.1 Tow Vehicles
                    6.6.1.2 Unit Load Carriers
                    6.6.1.3 Pallet Trucks
                    6.6.1.4 Assembly Line Vehicles
                    6.6.1.5 Forklift Truck
                    6.6.1.6 Others
           6.6.2 Market for AGV, By Navigation Technology
                    6.6.2.1 Laser Guidance
                    6.6.2.2 Magnetic Guidance
                    6.6.2.3 Inductive Guidance
                    6.6.2.4 Optical Tape Guidance
                    6.6.2.5 Vision Guidance
                    6.6.2.6 Others

7 Market, By System Type (Page No. - 76)
    7.1 Introduction
    7.2 Unit Load Material Handling Systems
           7.2.1 Advantages of Unit Load Material Handling Systems
           7.2.2 Disadvantages of Unit Load Material Handling Systems
    7.3 Bulk Load Material Handling Systems
           7.3.1 Advantages of Bulk Load Material Handling Systems
           7.3.2 Disadvantages of Bulk Load Material Handling Systems

8 Software & Services Used in AMH Equipment Market (Page No. - 80)
    8.1 Introduction
    8.2 Software
           8.2.1 Warehouse Management System
                    8.2.1.1 Benefits of WMS
           8.2.2 Warehouse Control System
                    8.2.2.1 Benefits of WCS
           8.2.3 Warehouse Execution System
                    8.2.3.1 Benefits of WES
    8.3 Services
           8.3.1 Maintenance & Repair
           8.3.2 Training
           8.3.3 Software Upgrades

9 Market, By Function (Page No. - 84)
    9.1 Introduction
    9.2 Assembly
    9.3 Packaging
    9.4 Transportation
    9.5 Distribution
    9.6 Storage
    9.7 Waste Handling

10 Market, By Industry (Page No. - 92)
     10.1 Introduction
     10.2 Automotive
     10.3 Metals & Heavy Machinery
     10.4 Food & Beverages
     10.5 Chemicals
     10.6 Semiconductor & Electronics
     10.7 Healthcare
             10.7.1 Pharmaceuticals
             10.7.2 Medical Devices
     10.8 Aviation
     10.9 E-Commerce
     10.10 Others

11 Geographic Analysis (Page No. - 110)
     11.1 Introduction
     11.2 North America
             11.2.1 US
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 UK
             11.3.2 France
             11.3.3 Germany
             11.3.4 Spain
             11.3.5 Italy
             11.3.6 Rest of Europe
     11.4 APAC
             11.4.1 China
             11.4.2 Japan
             11.4.3 Australia
             11.4.4 South Korea
             11.4.5 India
             11.4.6 Rest of APAC
     11.5 RoW
             11.5.1 Middle East
             11.5.2 Africa
             11.5.3 South America

12 Competitive Landscape (Page No. - 129)
     12.1 Overview
     12.2 Market Ranking Analysis for AMH Equipment Manufacturers
     12.3 Competitive Situations & Trends
             12.3.1 Contracts
             12.3.2 Product Launches & Developments
             12.3.3 Acquisitions
             12.3.4 Expansions
             12.3.5 Partnerships, Agreements, Joint Ventures, & Collaborations

13 Company Profiles (Page No. - 138)
     13.1 Key Players
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
             13.1.1 Daifuku
             13.1.2 Jungheinrich
             13.1.3 Kion
             13.1.4 Toyota Industries
             13.1.5 Hyster-Yale Material Handling
             13.1.6 Hanwha
             13.1.7 John Bean Technologies (JBT)
             13.1.8 Kuka
             13.1.9 Beumer
             13.1.10 Fives
             13.1.11 Knapp
             13.1.12 Murata Machinery
             13.1.13 SSI Schaefer
             13.1.14 TGW Logistics
             13.1.15 Viastore
     13.2 Other Key Players
             13.2.1 Mobile Industrial Robots
             13.2.2 Invia Robotics
             13.2.3 Grabit
             13.2.4 Avancon
             13.2.5 Locus Robotics

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 177)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details


List of Tables (67 Tables)

Table 1 AMH Equipment Market, By Product, 2015–2024 (USD Billion)
Table 2 AMH Equipment Market for Robots, By Type, 2015–2024 (USD Million)
Table 3 AMH Equipment Market for Robots, By Function, 2015–2024 (USD Million)
Table 4 AMH Equipment Market for Robots, By Industry, 2015–2024 (USD Million)
Table 5 AMH Equipment Market for Robots, By Region, 2015–2024 (USD Million)
Table 6 AMH Equipment Market for ASRS, By Type, 2015–2024 (USD Million)
Table 7 AMH Equipment Market for ASRS, By Function, 2015–2024 (USD Million)
Table 8 AMH Equipment Market for ASRS, By Industry, 2015–2024 (USD Million)
Table 9 AMH Equipment Market for ASRS, By Region, 2015–2024 (USD Million)
Table 10 AMH Equipment Market for Conveyor and Sortation System, By Function, 2015–2024 (USD Million)
Table 11 AMH Equipment Market for Conveyor and Sortation System, By Industry, 2015–2024 (USD Million)
Table 12 AMH Equipment Market for Conveyor and Sortation System, By Region, 2015–2024 (USD Million)
Table 13 AMH Equipment Market for Cranes, By Function, 2015–2024 (USD Million)
Table 14 AMH Equipment Market for Cranes, By Industry, 2015–2024 (USD Million)
Table 15 AMH Equipment Market for Cranes, By Region, 2015–2024 (USD Million)
Table 16 AMH Equipment Market for AGV, By Type, 2015–2024 (USD Million)
Table 17 AMH Equipment Market for AGV, By Navigation Technology, 2015–2024 (USD Million)
Table 18 AMH Equipment Market for AGV, By Function, 2015–2024 (USD Million)
Table 19 AMH Equipment Market for AGV, By Industry, 2015–2024 (USD Million)
Table 20 AMH Equipment Market for AGV, By Region, 2015–2024 (USD Million)
Table 21 AMH Equipment Market, By System Type, 2015–2024 (USD Billion)
Table 22 AMH Equipment Market, By Function, 2015–2024 (USD Billion)
Table 23 AMH Equipment Market for Assembly, By Product, 2015–2024 (USD Million)
Table 24 AMH Equipment Market for Packaging, By Product, 2015–2024 (USD Million)
Table 25 AMH Equipment Market for Transportation, By Product, 2015–2024 (USD Million)
Table 26 AMH Equipment Market for Distribution, By Product, 2015–2024 (USD Million)
Table 27 AMH Equipment Market for Storage, By Product, 2015–2024 (USD Million)
Table 28 AMH Equipment Market for Waste Handling, By Product, 2015–2024 (USD Million)
Table 29 AMH Equipment Market, By Industry, 2015–2024 (USD Billion)
Table 30 AMH Equipment Market for Automotive, By Product, 2015–2024 (USD Million)
Table 31 AMH Equipment Market for Automotive, By Region, 2015–2024 (USD Million)
Table 32 AMH Equipment Market for Metals and Heavy Machinery, By Product, 2015–2024 (USD Million)
Table 33 AMH Equipment Market for Metals and Heavy Machinery, By Region, 2015–2024 (USD Million)
Table 34 AMH Equipment Market for Food and Beverages, By Product, 2015–2024 (USD Million)
Table 35 AMH Equipment Market for Food and Beverages, By Region, 2015–2024 (USD Million)
Table 36 AMH Equipment Market for Chemicals, By Product, 2015–2024 (USD Million)
Table 37 AMH Equipment Market for Chemicals, By Region, 2015–2024 (USD Million)
Table 38 AMH Equipment Market for Semiconductor and Electronics, By Product, 2015–2024 (USD Million)
Table 39 AMH Equipment Market for Semiconductor and Electronics, By Region, 2015–2024 (USD Million)
Table 40 AMH Equipment Market for Healthcare, By Type, 2015–2024 (USD Million)
Table 41 AMH Equipment Market for Healthcare, By Product, 2015–2024 (USD Million)
Table 42 AMH Equipment Market for Healthcare, By Region, 2015–2024 (USD Million)
Table 43 AMH Equipment Market for Aviation, By Product, 2015–2024 (USD Million)
Table 44 AMH Equipment Market for Aviation, By Region, 2015–2024 (USD Million)
Table 45 AMH Equipment Market for E-Commerce, By Product, 2015–2024 (USD Million)
Table 46 AMH Equipment Market for E-Commerce, By Region, 2015–2024 (USD Million)
Table 47 AMH Equipment Market for Others, By Product, 2015–2024 (USD Million)
Table 48 AMH Equipment Market for Others, By Region, 2015–2024 (USD Million)
Table 49 AMH Equipment Market, By Region, 2015–2024 (USD Billion)
Table 50 AMH Equipment Market in North America, By Country, 2015–2024 (USD Million)
Table 51 AMH Equipment Market in North America, By Product, 2015–2024 (USD Million)
Table 52 AMH Equipment Market in North America, By Industry, 2015–2024 (USD Million)
Table 53 AMH Equipment Market in Europe, By Country, 2015–2024 (USD Million)
Table 54 AMH Equipment Market in Europe, By Product, 2015–2024 (USD Million)
Table 55 AMH Equipment Market in Europe, By Industry, 2015–2024 (USD Million)
Table 56 AMH Equipment Market in APAC, By Country, 2015–2024 (USD Million)
Table 57 AMH Equipment Market in APAC, By Product, 2015–2024 (USD Million)
Table 58 AMH Equipment Market in APAC, By Industry, 2015–2024 (USD Million)
Table 59 AMH Equipment Market in RoW, By Region, 2015–2024 (USD Million)
Table 60 AMH Equipment Market in RoW, By Product, 2015–2024 (USD Million)
Table 61 AMH Equipment Market in RoW, By Industry, 2015–2024 (USD Million)
Table 62 Ranking of Top 5 Players: AMH Equipment Market (2017)
Table 63 Contracts (2016–2018)
Table 64 Product Launches and Developments (2016–2018)
Table 65 Acquisitions (2016–2018)
Table 66 Expansions (2016–2018)
Table 67 Partnerships, Agreements, Joint Venture, and Collaborations (2016–2018)


List of Figures (71 Figures)

Figure 1 AMH Equipment Market Segmentation
Figure 2 AMH Equipment Market: Research Design
Figure 3 Bottom-Up Approach to Arrive at Market Size
Figure 4 Top-Down Approach to Arrive at Market Size
Figure 5 Data Triangulation
Figure 6 Assumptions for Research Study
Figure 7 AMH Equipment Market Segmentation
Figure 8 Robots to Hold Largest Size of AMH Equipment Market During Forecast Period
Figure 9 Market for Unit Load Material Handling System to Grow at Higher CAGR From 2018 to 2024
Figure 10 Storage to Hold Largest Size of AMH Equipment Market During Forecast Period
Figure 11 AMH Equipment Market for E-Commerce Industry to Grow at Highest CAGR From 2018 to 2024
Figure 12 APAC to Hold Largest Share of AMH Equipment Market By 2018
Figure 13 Increasing Popularity of AMH Equipment Among Leading Industries Driving Demand for AMH Equipment
Figure 14 AMH Equipment Market for Robots to Grow at Highest CAGR From 2018 to 2024
Figure 15 Unit Load Material Handling System to Hold Larger Size of AMH Equipment Market By 2018
Figure 16 AMH Equipment Market for Packaging to Grow at Highest CAGR During Forecast Period
Figure 17 Automotive to Hold Largest Share of AMH Equipment Market By 2018
Figure 18 China to Hold Largest Share of AMH Equipment Market By 2018
Figure 19 DROC: AMH Equipment Market, 2018
Figure 20 Manufacturing and Assembly Stage Adds Major Value to AMH Equipment
Figure 21 AMH Equipment Market, By Product
Figure 22 AMH Equipment Market for Robots, By Type
Figure 23 AMH Equipment Market for Robots for Packaging to Grow at Highest CAGR During 2018–2024
Figure 24 AMH Equipment Market for ASRS, By Type
Figure 25 Unit Load to Hold Largest Size of AMH Equipment Market for ASRS During 2018–2024
Figure 26 AHM Equipment Market for Conveyor & Sortation System, By Type
Figure 27 AMH Equipment Market for Conveyor and Sortation Systems for Aviation to Grow at Highest CAGR From 2018 to 2024
Figure 28 AMH Equipment Market for Cranes, By Type
Figure 29 APAC to Hold Largest Size of AMH Equipment Market for Cranes During Forecast Period
Figure 30 AMH Market for AGV, By Type
Figure 31 AMH Equipment Market for AGV, By Navigation Technology
Figure 32 AMH Equipment Market for AGV for Distribution to Grow at Highest CAGR in During Forecast Period
Figure 33 AMH Equipment Market, By System Type
Figure 34 AMH Equipment Market for Unit Load Material Handling Systems to Grow at Higher CAGR During Forecast Period
Figure 35 Market Segmentation, By Software & Services
Figure 36 Market Segmentation, By Software
Figure 37 WES Integrates Key Functionalities of WMS and WES
Figure 38 Functions of AMH Equipment
Figure 39 Robots to Lead AMH Equipment Market for Packaging From 2018 to 2024
Figure 40 AMH Equipment Market for Distribution AGV to Grow at Highest CAGR During Forecast Period
Figure 41 Market, By Industry
Figure 42 Robots to Lead AMH Equipment Market for Automotive Industry During Forecast Period
Figure 43 AMH Equipment Market for Metals and Heavy Machinery in APAC to Grow at Highest CAGR From 2018 to 2024
Figure 44 Robots to Lead AMH Equipment Market for Chemicals Industry During Forecast Period
Figure 45 AMH Equipment Market for Semiconductor and Electronics Industry in APAC to Grow at Highest CAGR During 2018–2024
Figure 46 AMH Equipment Market for AGV for Healthcare Industry to Grow at Highest CAGR During Forecast Period
Figure 47 Europe to Hold Largest Size of AMH Equipment Market for Aviation During Forecast Period
Figure 48 AMH Equipment Market for Robots for Other Industries to Grow at Highest CAGR During Forecast Period
Figure 49 AMH Equipment Market in India to Grow at Highest CAGR During Forecast Period
Figure 50 North America: AMH Equipment Market Snapshot
Figure 51 Food and Beverages to Hold Largest Size of AMH Equipment Market in North America By 2024
Figure 52 Europe: AMH Equipment Market Snapshot
Figure 53 Robots to Dominate AMH Equipment Market in Europe During Forecast Period
Figure 54 APAC: AMH Equipment Market Snapshot
Figure 55 China to Hold Largest Size of AMH Equipment Market in APAC During 2018–2024
Figure 56 RoW: AMH Equipment Market Snapshot
Figure 57 AMH Equipment Market in RoW for Aviation to Grow at Highest CAGR During Forecast Period
Figure 58 Contract as A Key Growth Strategy Adopted By Key Players in AMH Equipment Market During 2016–2018
Figure 59 Market Evolution Framework: Contracts Fueled AMH Equipment Market Growth During 2016–2018
Figure 60 Contracts – Key Strategy Adopted By Market Players During 2016–2018
Figure 61 Daifuku: Company Snapshot
Figure 62 Jungheinrich: Company Snapshot
Figure 63 Kion: Company Snapshot
Figure 64 Toyota Industries: Company Snapshot
Figure 65 Hyster-Yale Material Handling: Company Snapshot
Figure 66 Hanwha: Company Snapshot
Figure 67 John Bean Technologies (JBT): Company Snapshot
Figure 68 Kuka: Company Snapshot
Figure 69 Fives: Company Snapshot
Figure 70 Murata Machinery: Company Snapshot
Figure 71 TGW Logistics: Company Snapshot

Automated material handling (AMH) equipment helps manufacturing and warehouse operating companies to efficiently manage their material handling operations with minimum risk to personnel and increased savings. The AMH equipment market is estimated to be valued at USD 33.46 billion by 2018 and is expected to reach USD 53.59 billion by 2024 at a CAGR of 8.2%. The growth of the market is fueled by the growing presence of start-up companies offering robotic solutions for warehouse automation, increasing popularity of AMH equipment among leading industries, significant recovery in global manufacturing, and rising labor cost and safety concerns.

The AMH equipment market for robots is estimated to hold a large share during the forecast period. The use of robots can reduce labor cost, protect personnel or employees from injuries, and provide a high return on investment. Such advantages are fueling the demand for robots in manufacturing units and warehousing facilities.

The unit load material handling systems is estimated to lead the market based on system type during the forecast period. The wide use of unit load material handling systems in various industries is attributed to their cost-effectiveness and ability to handle several items simultaneously, thereby reducing the number of trips, time required for loading and unloading, and cost of handling.

Storage function is projected to lead the AMH equipment market during the forecast period. The benefits of using AMH equipment for storage include warehouse floor space utilization, increased storage speed, efficient handling of heavy items, and reduced frequency of workplace accidents. These benefits are driving the growth of AMH equipment market for the storage function.

The automotive industry is estimated to lead the overall AMH equipment market during 2018–2024. Key factors such as the needs for constant availability of components and spare parts, just-in-time (JIT) delivery of materials, and reduction in the cost of unproductive labor are driving the growth of the market for this industry.

Material Handling Equipment Market

APAC is expected to account for the largest share of the AMH equipment market by 2018. The rising awareness related to material handling automation, increased emphasis of leading economies such as China and Japan on robotics and automation, and growing e-commerce industry are some of the primary factors contributing to the largest size of APAC in the market. China has been the main contributor to the growth of AMH equipment market in APAC. The improving manufacturing and warehousing infrastructure in China is projected to boost the AMH equipment market in this country in the coming years.

Major Application of AMH equipment

Automotive:

The players in the automotive industry seek improvement in manufacturing through automated, efficient, and effective processes. These companies need to carry out their manufacturing and assembling operations efficiently by handling a wide variety of components carefully and keeping track of the same. The deployment of AMH equipment in this industry prevents damage to auto parts, reduce the cost of unproductive labor hours by handling inventory, and maximize storage capacity within the available floor space. The companies use AMH equipment, such as AGV, ASRS, automated conveyors, cranes, and robots, to fulfill these requirements.

Metals & Heavy Machinery:

Metals and heavy machinery is one of the industries which involve repetitive handling and transportation of large and heavy components or assembly parts. The manual handling of heavy metal sheets and machinery can cause injuries to workers and potentially damage the product. This leads the plant operators to increase the efficiency of operations for ensuring smooth movement of heavy equipment within the manufacturing and warehousing facilities. Thus, handling these bulk items as well as moving them to manufacturing or production areas requires AMH equipment.

Food & Beverages:

The food & beverages industry has undergone a significant evolution in the past few years. The growing trend of consuming processed food and packaged eatables is driving the need for advanced manufacturing and warehousing solutions for the manufacturers. In the food & beverages industry, the time-to-market of finished products is very less due to their perishability. Consumers buy groceries and food items several times a week, which makes the inventory turnover of food & beverages warehouses faster than the warehouses in other industries. Moreover, the food & beverages companies need to comply with the food service guidelines set by local and state health departments, which specify the hygiene, storage, and efficient handling of food items. The hygienic handling of food is of utmost importance in the food & beverages industry. Food & beverages manufacturers and distributors require effective logistics solutions to manage their operations efficiently and sustain their business by offering fresh, healthy, and safe products. Therefore, installing AMH equipment in the food & beverages plants helps standardize food processes along with reducing wastage and labor costs as well as enhancing safety.

Chemicals:

The routine operations in the companies in the chemicals industry involve working with various dangerous chemical substances. Therefore the workers in the chemical plants are subject to extremely harmful environments due to proximity with the volatile raw materials; this affects their work efficiency and eventually leads to failure in maintaining the maximum efficiency of production. Therefore, the companies need to carefully assess the storage area and handling practices to avoid accidents. The chemical manufacturing companies are deploying AMH equipment to perform and manage their work more effectively. With the implementation of AMH equipment, companies can keep their employees safe from harmful raw materials, and improve the productivity and efficiency of their warehousing operations.

The high upfront cost of AMH equipment for SMEs and excessive integration and switching costs are restraining the growth of the AMH equipment market.

As of 2017, Daifuku (Japan), Hyster-Yale Material Handling (US), Jungheinrich (Germany), KION (Germany), and Toyota Industries (Japan) were the major players in the AMH equipment market. These players are focusing on product launches; acquisitions, expansions, and contracts; partnerships; agreements; and collaborations to expand their product offerings and businesses.

Other players in the AMH equipment market include Hanwha (South Korea), John Bean Technologies (US), KUKA (Germany), BEUMER (Germany), Fives (France), KNAPP (Germany), Murata Machinery (Japan), SSI Schaefer (Germany), TGW (Austria), and Viastore (Germany).

Critical Questions:

  • Which type of AMH equipment is expected to have the highest demand in the future?
  • For which type of function the AMH equipment is adopted the most?
  • How does AMH equipment facilitate various functions of manufacturing and warehousing facilities?

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Detailed supply chain analysis of automated material handling and company profiling

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In this customization, MnM has developed more insight into the supply chain of automated material handl....

In this customization, MnM has developed more insight into the supply chain of automated material handling in manufacturing. All the stakeholders of the supply chain have been discussed in brief.

MnM also profiled a company which is involved in the manufacturing and marketing of industrial batteries. The batteries are typically implemented into the material handling equipment’s such as automated guided vehicle (AGV) and forklift & pallet trucks.

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