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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.
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.
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).
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.
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
6.4.2.5 Mid load market 66
6.4.2.5.1 Overview 66
6.4.2.5.2 Mid load market forecast and analysis 66
6.4.2.6 Autostore market 67
6.4.2.6.1 Overview 67
6.4.2.6.2 Autostore market forecast and analysis 67
6.5 AUTOMATED CONVEYORS AND SORTATION SYSTEM MARKET 68
6.5.1 Overview 68
6.5.2 Automated conveyors and sortation system market forecasts and analysis 68
6.5.2.1 Belt market 69
6.5.2.1.1 Overview 69
6.5.2.1.2 Belt automated conveyors and sortation market forecast and analysis 69
6.5.2.2 Roller market 70
6.5.2.2.1 Overview 70
6.5.2.2.2 Roller automated conveyors and sortation market forecast and analysis 70
6.5.2.3 Overhead market 71
6.5.2.3.1 Overview 71
6.5.2.3.2 Overhead automated conveyors and sortation market forecast and analysis 71
6.5.2.4 Screw market 72
6.5.2.4.1 Overview 72
6.5.2.4.2 Screw automated conveyors and sortation market forecast and analysis 72
6.6 AUTOMATED CRANES MARKET 73
6.6.1 Overview 73
6.6.2 Automated cranes system market forecasts and analysis 73
6.6.2.1 Jib cranes market 74
6.6.2.1.1 Overview 74
6.6.2.1.2 Jib cranes market forecast and analysis 74
6.6.2.2 Bridge cranes market 75
6.6.2.2.1 Overview 75
6.6.2.2.2 Bridge cranes market forecast and analysis 75
6.6.2.3 Gantry cranes market 76
6.6.2.3.1 Overview 76
6.6.2.3.2 Gantry cranes market forecast and analysis 76
6.6.2.4 Stacker cranes market 77
6.6.2.4.1 Overview 77
6.6.2.4.2 Stacker cranes market forecast and analysis 77
6.7 AUTOMATED GUIDED VEHICLES (AGVS) MARKET 78
6.7.1 Overview 78
6.7.2 Automated guided vehicles market forecasts and analysis 78
6.7.2.1 AGV Navigation technology market 80
6.7.2.1.1 AGV navigation technology market forecast and analysis 80
7. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - SYSTEM TYPE 81
7.1 OVERVIEW 81
7.2 SYSTEM TYPE MARKET FORECASTS AND ANALYSIS 81
7.3 UNIT LOAD MATERIAL HANDLING SYSTEM 82
7.3.1 Overview 82
7.3.2 Unit load material handling system market forecasts and analysis 82
7.4 BULK LOAD MATERIAL HANDLING SYSTEM 83
7.4.1 Overview 83
7.4.2 Bulk load material handling system market forecasts and analysis 83
8. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - COMPONENT 84
8.1 OVERVIEW 84
8.2 COMPONENT MARKET FORECASTS AND ANALYSIS 84
8.3 HARDWARE 85
8.3.1 Overview 85
8.3.2 Hardware market forecasts and analysis 85
8.4 SOFTWARE 86
8.4.1 Overview 86
8.4.2 Software market forecasts and analysis 86
8.4.2.1 Warehouse management system market 87
8.4.2.1.1 Warehouse management system market forecast and analysis 87
8.4.2.2 Warehouse control system market 88
8.4.2.2.1 Warehouse control system market forecast and analysis 88
8.4.2.3 Warehouse execution system (WES) market 89
8.4.2.3.1 Warehouse execution system market forecast and analysis 89
8.5 SERVICES 90
8.5.1 Overview 90
8.5.2 Services market forecasts and analysis 90
9. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - FUNCTION 91
9.1 OVERVIEW 91
9.2 FUNCTION MARKET FORECASTS AND ANALYSIS 91
9.3 STORAGE 92
9.3.1 Overview 92
9.3.2 Storage market forecasts and analysis 92
9.4 TRANSPORTATION 93
9.4.1 Overview 93
9.4.2 Transportation market forecasts and analysis 93
9.5 ASSEMBLY 94
9.5.1 Overview 94
9.5.2 Assembly market forecasts and analysis 94
9.6 PACKAGING 95
9.6.1 Overview 95
9.6.2 Packaging market forecasts and analysis 95
9.7 DISTRIBUTION 96
9.7.1 Overview 96
9.7.2 Distribution market forecasts and analysis 96
9.8 WASTE HANDLING 97
9.8.1 Overview 97
9.8.2 Waste handling market forecasts and analysis 97
10. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - INDUSTRY 98
10.1 OVERVIEW 98
10.2 INDUSTRY MARKET FORECASTS AND ANALYSIS 98
10.3 AUTOMOTIVE 99
10.3.1 Overview 99
10.3.2 Automotive market forecasts and analysis 99
10.4 FOOD & BEVERAGES 100
10.4.1 Overview 100
10.4.2 Food & beverages market forecasts and analysis 101
10.5 ELECTRONICS 102
10.5.1 Overview 102
10.5.2 Electronics market forecasts and analysis 102
10.6 PHARMACEUTICAL 103
10.6.1 Overview 103
10.6.2 Pharmaceutical market forecasts and analysis 104
10.7 AEROSPACE 105
10.7.1 Overview 105
10.7.2 Aerospace market forecasts and analysis 105
10.8 E-COMMERCE 106
10.8.1 Overview 106
10.8.2 E-Commerce market forecasts and analysis 106
10.9 LOGISTICS 107
10.9.1 Overview 107
10.9.2 Logistics market forecasts and analysis 107
10.10 OTHERS 108
10.10.1 Overview 108
10.10.2 Others market forecasts and analysis 109
11. AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - GEOGRAPHY 110
11.1 OVERVIEW 110
11.2 GEOGRAPHY MARKET FORECASTS AND ANALYSIS 110
11.3 NORTH AMERICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 111
11.3.1 Overview 111
11.3.2 North America Automated Material Handling Equipment Market Breakdown by Key Countries 112
11.3.2.1 US Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 113
11.3.2.2 Canada Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 114
11.3.2.3 Mexico Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 115
11.3.3 North America Automated Material Handling Equipment Market Breakdown by Product 116
11.3.4 North America Automated Material Handling Equipment Market Breakdown by System Type 119
11.3.5 North America Automated Material Handling Equipment Market Breakdown by Component 120
11.3.6 North America Automated Material Handling Equipment Market Breakdown by Function 121
11.3.7 North America Automated Material Handling Equipment Market Breakdown by Industry 122
11.4 EUROPE AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 124
11.4.1 Overview 124
11.4.2 Europe Automated Material Handling Equipment Market Breakdown by Key Countries 125
11.4.2.1 France Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 126
11.4.2.2 Germany Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 127
11.4.2.3 Italy Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 128
11.4.2.4 Spain Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 129
11.4.2.5 UK Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 130
11.4.2.6 Rest of Europe Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 131
11.4.3 Europe Automated Material Handling Equipment Market Breakdown by Product 132
11.4.4 Europe Automated Material Handling Equipment Market Breakdown by System Type 135
11.4.5 Europe Automated Material Handling Equipment Market Breakdown by Component 136
11.4.6 Europe Automated Material Handling Equipment Market Breakdown by Function 138
11.4.7 Europe Automated Material Handling Equipment Market Breakdown by Industry 139
11.5 APAC AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 140
11.5.1 Overview 140
11.5.2 APAC Automated Material Handling Equipment Market Breakdown by Key Countries 142
11.5.2.1 Taiwan Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 143
11.5.2.2 China Automated Material Handling Equipment Market Revenue and Forecast to 2025 (US$ Mn) 144
11.5.2.3 India Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 145
11.5.2.4 Japan Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 146
11.5.2.5 Rest of APAC Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 147
11.5.3 APAC Automated Material Handling Equipment Market Breakdown by Product 148
11.5.4 APAC Automated Material Handling Equipment Market Breakdown by System Type 151
11.5.5 APAC Automated Material Handling Equipment Market Breakdown by Component 152
11.5.6 APAC Automated Material Handling Equipment Market Breakdown by Function 154
11.5.7 APAC Automated Material Handling Equipment Market Breakdown by Industry 155
11.6 MIDDLE EAST AND AFRICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 156
11.6.1 Overview 156
11.6.2 Middle East and Africa Automated Material Handling Equipment Market Breakdown by Key Countries 157
11.6.2.1 South Africa Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 158
11.6.2.2 Saudi Arabia Automated Material Handling Equipment Market Revenue and Forecast to 2025 (US$ Mn) 159
11.6.2.3 UAE Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 160
11.6.2.4 Rest of MEA Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 161
11.6.3 Middle East and Africa Automated Material Handling Equipment Market Breakdown by Product 162
11.6.4 Middle East and Africa Automated Material Handling Equipment Market Breakdown by System Type 165
11.6.5 Middle East and Africa Automated Material Handling Equipment Market Breakdown by Component 166
11.6.6 Middle East and Africa Automated Material Handling Equipment Market Breakdown by Function 167
11.6.7 MEA Automated Material Handling Equipment Market Breakdown by Industry 168
11.7 SOUTH AMERICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 170
11.7.1 Overview 170
11.7.2 SAM Automated Material Handling Equipment Market Breakdown by Key Countries 171
11.7.3 Brazil Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 172
11.7.4 Rest of SAM Automated Material Handling Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 173
11.7.5 SAM Automated Material Handling Equipment Market Breakdown by Product 173
11.7.6 SAM Automated Material Handling Equipment Market Breakdown by System Type 177
11.7.7 SAM Automated Material Handling Equipment Market Breakdown by Component 178
11.7.8 SAM Automated Material Handling Equipment Market Breakdown by Function 179
11.7.9 SAM Automated Material Handling Equipment Market Breakdown by Industry 180
12. INDUSTRY LANDSCAPE 181
12.1 MERGER & ACQUISITION 181
12.2 MARKET INITIATIVE 182
12.3 NEW DEVELOPMENT 183
13. COMPETITIVE LANDSCAPE 185
13.1 COMPETITIVE PRODUCT MAPPING 185
13.2 MARKET POSITIONING - GLOBAL TOP 5 PLAYERS RANKING 186
14. GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT - COMPANY PROFILES 187
14.1 FIVES 187
14.1.1 Key Facts 187
14.1.2 Business Description 187
14.1.3 Financial Overview 188
14.1.4 SWOT Analysis 188
14.1.5 Key Developments 190
14.2 KION GROUP AG 191
14.2.1 Key Facts 191
14.2.2 Business Description 191
14.2.3 Financial Overview 192
14.2.4 SWOT Analysis 192
14.3 JUNGHEINRICH AG 194
14.3.1 Key Facts 194
14.3.2 Business Description 194
14.3.3 Financial Overview 195
14.3.4 SWOT Analysis 195
14.3.5 Key Developments 196
14.4 TOYOTA INDUSTRIES CORPORATION 197
14.4.1 Key Facts 197
14.4.2 Business Description 197
14.4.3 Financial Overview 198
14.4.4 SWOT Analysis 198
14.4.5 Key Developments 200
14.5 DAIFUKU CO., LTD. 201
14.5.1 Key Facts 201
14.5.2 Business Description 201
14.5.3 Financial Overview 202
14.5.4 SWOT Analysis 202
14.5.5 Key Developments 204
14.6 KUKA AG 205
14.6.1 Key Facts 205
14.6.2 Business Description 205
14.6.3 Financial Overview 206
14.6.4 SWOT Analysis 206
14.6.5 Key Developments 208
14.7 HYSTER-YALE MATERIALS HANDLING, INC. 209
14.7.1 Key Facts 209
14.7.2 Business Description 209
14.7.3 Financial Overview 210
14.7.4 SWOT Analysis 210
14.7.5 Key Developments 212
14.8 JOHN BEAN TECHNOLOGIES CORPORATION 213
14.8.1 Key Facts 213
14.8.2 Business Description 213
14.8.3 Financial Overview 214
14.8.4 SWOT Analysis 214
14.8.5 Key Developments 216
14.9 BEUMER GROUP GMBH & CO. KG 217
14.9.1 Key Facts 217
14.9.2 Business Description 217
14.9.3 Financial Overview 218
14.9.4 SWOT Analysis 218
14.9.5 Key Developments 220
14.10 HANWHA CORPORATION 221
14.10.1 Key Facts 221
14.10.2 Business Description 221
14.10.3 Financial Overview 222
14.10.4 SWOT Analysis 222
14.10.5 Key Developments 223
15. APPENDIX 224
15.1 ABOUT THE INSIGHT PARTNERS 224
15.2 GLOSSARY OF TERMS 224
15.3 METHODOLOGY 225
15.3.1 Coverage 225
15.3.2 Secondary Research 225
15.3.3 Primary Research 226
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