Automated Material Handling Equipment Market Share, Size & Global Industry Analysis 2032

Global Automated Material Handling Equipment Market Overview

The Global Automated Material Handling Equipment Market was estimated at USD 51.77 billion in 2023 and is projected to reach USD 96.79 billion by 2032, growing at a CAGR of 7.2%, during the forecast period (2024-2032).

Automated material handling equipment contains any automation that helps in reducing or eliminating the need for human intervention throughout the product manufacturing process, further offering enhanced efficiency during the production procedure. The global automated material handling equipment industry is segmented into components, function, system-type, product, and industry. In the modern age, one of the important aspects of many industries and manufactories is supply chain management & logistics, which helps in the improvement of business performance. The increasing growth of automotive, e-commerce, healthcare, and food & beverages industries in emerging economies, such as Japan and China, has also contributed to the growth of the automated material handling equipment market in the Asia Pacific. Additionally, government bodies in Asia Pacific countries are increasingly emphasizing security and safety in production departments, which is expected to achieved by the implementation of automated material handling equipment. Therefore, as the developing nations are growing rapidly, industrialization and modernization primarily support the automated material handling equipment market growth in the forecasted years.

Market Dynamics Of Automated Material Handling Equipment Market

Drivers:

Emerging Start-Ups and New Technologies

The rising involvement of newly emerged start-up companies providing trending robotic solutions for warehouse automation is the primary key factor that is driving the growth of the automated material handling equipment market. Prominent recovery in worldwide manufacturing is enhancing the growth of the market. Increasing safety issues, as well as increasing wages, are adding to the growth of the AMH market. For Instance, Honeywell unveiled its newest intelligent automated handling system in order to assist warehouses, distribution centres, and industrial sites accept, process, and fulfil orders more quickly and precisely while perhaps lowering storage footprint. The next-generation Automated Storage and Retrieval System (AS/RS) from Honeywell uses machine learning and artificial intelligence to help warehouse and distribution centre managers keep up with the extraordinary expansion of e-commerce.  The growing perforation of the Internet of Things (IoT), Radio Frequency Identification (RFID), and Artificial Intelligence (AI) technologies to improve logistics management and decrease human intervention is currently promoting the global automated material handling equipment market growth.

Restraints:

High initial Cost of Automated Material Handling Equipment for Small and Medium-sized Enterprises

Small and medium-sized enterprises (SMEs) add a valuable share to the economy as well as the overall development of a country. SMEs provide essential raw materials and components to large enterprises. Therefore, automated material handling operations play a major role in the logistics and supply chain of these SMEs. However, the high initial costs required for installing Automated Material Handling Equipment keep these small and Medium-sized Enterprises away from self-regulating their supply chain activities. Small and medium-sized enterprises cannot render automated systems and opt for the manual or old method of material handling processes. This is expected to clog the sales of new equipment as well as hamper the growth of the automated material handling equipment market.

Opportunity:

Scope to increase the level of Order Customization and Personalization

As the preference for customized and personalized product orders is growing among online customers, different e-commerce companies are finding it hard to process complex orders through traditional processes. Moreover, those online customers expect the delivery of these personalized orders at a relatively low price and with the same speeds of delivery as the regular orders. The increasing popularity of customized orders has benefited the warehouse operators and manufacturers to increase the speed and efficiency of their sorting and picking processes to gain business success. Automated Material Handling systems such as ASRS, robotic pickers, AGV, conveyors, and automated sorters can help handle personalized orders at a higher and faster rate, along with decreasing error rates to a high extent.

Challenges:

 Revenue and Production Losses due to Undesired Downtime of Equipment

The failure or breakdown of Automated Material Handling equipment can have a remarkable impact on the overall growth of companies. Failures or Breakdowns lead to delays in the whole production process and result in huge production losses and a decline in plant performance. In capital-intensive industries such as metals, automotive, food & beverages, and heavy machinery, downtimes may cost an average of per minute 22,000$ to the company. Hence, such companies need to fund heavily in precautionary maintenance of their AMH equipment to avoid downtime and assure smooth functioning of equipment.

Market Segmentation Of Automated Material Handling Equipment Market

By Type, the Automated Guided Vehicle is expected to dominate the market during forecasted years due to the evolution of different technologies configured in it such as IoT, Artificial Intelligence, and SLAM (Simultaneous localization and mapping). The major key players in this segment are continuously focusing on the development of the existing vehicles to supply more efficient products in the supply chain and the logistics environment. For instance, Oceaneering International’s rotator division came up with a new high-performance T-CTV for application in various sectors, including chemical processing, medical, oil and gas, and pharmaceutical. Such advancement in the market likely to boost the segment growth and simultaneously create a positive impact on overall Automated Material Handling Equipment Market.

By System load, the Unit load segment is estimated to dominate the market with the highest growth in the coming years. This is accountable for the increasing growth in the E-commerce industry. Unit load allows handling a large number of goods simultaneously which helps in gaining shorter order lead time as well as decreasing operational costs. The bulk load segment is expected to grow steadily in the upcoming years as the demand and supply of this segment are comparatively slower.

By application, the Distribution segment holds the largest share and is expected to dominate the market in the forecasted years. Timely transportation and distribution help to achieve greater targets hence enhancing the growth of the distribution segment. This is achieved as a result of existing AMH equipment such as Automated Storage and Retrieval System, Automated Guided Vehicle, etc. that allows carrying a large number of materials and products efficiently in a shorter period.

By Industry type, the Retail & E-Commerce industry segment dominates the Automated Material Handling Equipment Market during forecasted period. The significant growth of this industry is owing to the rising penetration of the online shopping trends, the presence of existing and major online suppliers, and the rising infrastructure of logistics. To maintain large warehouses and inventory, E-commerce companies have shifted to automated material handling solutions to save time and increase efficiency. Along with hundreds of thousands of human employees, Amazon's warehouse network is home to more than 200,000 mobile robots. This robot army has assisted the business in keeping its ever-increasing promises to Amazon Prime consumers about quick deliveries. Therefore, Retail and E-commerce segment likely to be stay in dominating position during forecasted period.

Regional Analysis Of Automated Material Handling Equipment Market

Asia Pacific (APAC) dominates the global automated material handling equipment market owing to various parameters such as rising demand for warehouse units and manufacturing processes. Moreover, due to the increasing demand for hoists and cranes in the mining industry, the rise in the demand for the product from the construction and mining industries, and due to the rise in the levels of industrialization activities in this region, it is expected to attain a huge growth in the upcoming years. Growing awareness regarding warehouse automation, increased emphasis of the leading economies such as China and Japan on robotics and automation, and the growing e-commerce industry are some of the primary factors contributing to the higher share of Asia Pacific in the market.  The rapid growth of healthcare, food & beverages, automotive, and e-commerce industries in emerging economies, such as Japan and China, has contributed to the growth of the automated material handling equipment market in the Asia Pacific.

North America and Europe are projected to witness substantial growth in the forecasted years, owing to the increase in demand for durable and nondurable goods, and increase in sales through the e-commerce market, eventually compelling manufacturing industries to adopt material handling equipment. Due to growing investments in the Industry 4.0 revolution, Europe has been the region that has adopted industrial automation the fastest. Over one-third of all Industry 4.0 investments worldwide, according to the CBI Ministry of Foreign Affairs, are made in Europe. Its primary markets are in Western and Northern Europe, particularly Germany, the birthplace of the word and a front-runner. The market for using automation in warehouses is typically the most developed in northern Europe. The adoption of sophisticated and advanced automation has been pushed by the high cost of labour and particular focus on the working conditions at the plant. System Logistics has helped significant clients in the food and beverage industry in Scandinavia operate warehouse, picking, and material handling operations effectively which further help in the growth of the region in Automated Material Handling Equipment Market.

Covid 19 Impact On Automated Material Handling Equipment Market

The Novel Coronavirus leads to an increase in the market ambiguity, leading to the overall shutdown of the production units, and disruption in the supply chain and logistics ecosystem. Also, the blockage of future or present investments financed by different financial institutions for infrastructure and management would be hampered if the spread of the virus would remain the same. Owing to the Coronavirus pandemic, the Automated Material Handling Equipment market faced a bump in its growth. However, it also created awareness amongst the warehouse operators and manufacturers in the automotive, E-commerce, semiconductor, and electronics industry regarding the different benefits of unit load material handling systems. Thus, the adoption of such equipment in these industries is expected to grow.

Top Key Players Covered In Automated Material Handling Equipment Market

• Daifuku Co. Ltd. (Japan)
• Siemens AG (Germany)
• Bosch Rexroth (Germany)
• Murata Machinery Ltd. (Japan)
• Swisslog Holding AG (Switzerland)
• SSI Schaefer AG (US)
• Dematic Group S.A.R.L (US)
• Toyota Industries Corporation (Japan)
• JBT Corporation (US)
• Bastian Solutions Inc (US)
• Jungheinrich AG (UK)
• KUKA AG(Germany)
• KION Group AG(Germany)
• Xuzhou Heavy Machinery Co. Ltd. (China)
• Manitowoc Company Inc (US) and other major players.

Key Industry Development In The Automated Material Handling Equipment Market

• In March 2024, SSI SCHAEFER introduced a new software solution designed specifically for the independent operation of the SSI LOGIMAT Vertical Lift Module. Known as LOGIONE, this software offers a straightforward and user-friendly storage location and article management system. With intuitive user interfaces, operators are supported seamlessly, eliminating the necessity for extensive training.
• In November 2023, KION Group AG introduced its own fuel cell systems tailored for its industrial trucks. This leading global intralogistics firm engineered a 24-volt System specifically designed for warehouse trucks. The company’s Hamburg plant inaugurated a new production, line capable of manufacturing up to 5,000 fuel cell systems annually.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By System Load
 3.3 By Application
 3.4 By Industry

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Automated Material Handling Equipment Market by Type
 5.1 Automated Material Handling Equipment Market Overview Snapshot and Growth Engine
 5.2 Automated Material Handling Equipment Market Overview
 5.3 Automated Storage and Retrieval System
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Automated Storage and Retrieval System: Grographic Segmentation
 5.4 Automated Conveyor and Sorting System
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Automated Conveyor and Sorting System: Grographic Segmentation
 5.5 Automated Guided Vehicle
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Automated Guided Vehicle: Grographic Segmentation

Chapter 6: Automated Material Handling Equipment Market by System Load
 6.1 Automated Material Handling Equipment Market Overview Snapshot and Growth Engine
 6.2 Automated Material Handling Equipment Market Overview
 6.3 Unit Load
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Unit Load: Grographic Segmentation
 6.4 Bulk Load
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Bulk Load: Grographic Segmentation

Chapter 7: Automated Material Handling Equipment Market by Application
 7.1 Automated Material Handling Equipment Market Overview Snapshot and Growth Engine
 7.2 Automated Material Handling Equipment Market Overview
 7.3 Assembly
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Assembly: Grographic Segmentation
 7.4 Distribution
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Distribution: Grographic Segmentation
 7.5 Transportation
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Transportation: Grographic Segmentation

Chapter 8: Automated Material Handling Equipment Market by Industry
 8.1 Automated Material Handling Equipment Market Overview Snapshot and Growth Engine
 8.2 Automated Material Handling Equipment Market Overview
 8.3 Retail & E-commerce
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Retail & E-commerce: Grographic Segmentation
 8.4 Automotive
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Automotive: Grographic Segmentation
 8.5 Foods & beverages
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Foods & beverages: Grographic Segmentation
 8.6 Semiconductors
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2028F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Semiconductors: Grographic Segmentation
 8.7 Pharmaceuticals
  8.7.1 Introduction and Market Overview
  8.7.2 Historic and Forecasted Market Size (2016-2028F)
  8.7.3 Key Market Trends, Growth Factors and Opportunities
  8.7.4 Pharmaceuticals: Grographic Segmentation
 8.8 Electronics
  8.8.1 Introduction and Market Overview
  8.8.2 Historic and Forecasted Market Size (2016-2028F)
  8.8.3 Key Market Trends, Growth Factors and Opportunities
  8.8.4 Electronics: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Automated Material Handling Equipment Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Automated Material Handling Equipment Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Automated Material Handling Equipment Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 DAIFUKU CO. LTD. (JAPAN)
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 SIEMENS AG (GERMANY)
 9.4 BOSCH REXROTH (GERMANY)
 9.5 MURATA MACHINERY LTD. (JAPAN)
 9.6 SWISSLOG HOLDING AG (SWITZERLAND)
 9.7 SSI SCHAEFER AG (US)
 9.8 DEMATIC GROUP S.A.R.L (US)
 9.9 TOYOTA INDUSTRIES CORPORATION (JAPAN)
 9.10 JBT CORPORATION (US)
 9.11 BASTIAN SOLUTIONS INC (US)
 9.12 JUNGHEINRICH AG (UK)
 9.13 KUKA AG(GERMANY)
 9.14 KION GROUP AG(GERMANY)
 9.15 XUZHOU HEAVY MACHINERY CO. LTD. (CHINA)
 9.16 MANITOWOC COMPANY INC (US)
 9.17 OTHER MAJOR PLAYERS

Chapter 10: Global Automated Material Handling Equipment Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Type
  10.2.1 Automated Storage and Retrieval System
  10.2.2 Automated Conveyor and Sorting System
  10.2.3 Automated Guided Vehicle
 10.3 Historic and Forecasted Market Size By System Load
  10.3.1 Unit Load
  10.3.2 Bulk Load
 10.4 Historic and Forecasted Market Size By Application
  10.4.1 Assembly
  10.4.2 Distribution
  10.4.3 Transportation
 10.5 Historic and Forecasted Market Size By Industry
  10.5.1 Retail & E-commerce
  10.5.2 Automotive
  10.5.3 Foods & beverages
  10.5.4 Semiconductors
  10.5.5 Pharmaceuticals
  10.5.6 Electronics

Chapter 11: North America Automated Material Handling Equipment Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Automated Storage and Retrieval System
  11.4.2 Automated Conveyor and Sorting System
  11.4.3 Automated Guided Vehicle
 11.5 Historic and Forecasted Market Size By System Load
  11.5.1 Unit Load
  11.5.2 Bulk Load
 11.6 Historic and Forecasted Market Size By Application
  11.6.1 Assembly
  11.6.2 Distribution
  11.6.3 Transportation
 11.7 Historic and Forecasted Market Size By Industry
  11.7.1 Retail & E-commerce
  11.7.2 Automotive
  11.7.3 Foods & beverages
  11.7.4 Semiconductors
  11.7.5 Pharmaceuticals
  11.7.6 Electronics
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Automated Material Handling Equipment Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Automated Storage and Retrieval System
  12.4.2 Automated Conveyor and Sorting System
  12.4.3 Automated Guided Vehicle
 12.5 Historic and Forecasted Market Size By System Load
  12.5.1 Unit Load
  12.5.2 Bulk Load
 12.6 Historic and Forecasted Market Size By Application
  12.6.1 Assembly
  12.6.2 Distribution
  12.6.3 Transportation
 12.7 Historic and Forecasted Market Size By Industry
  12.7.1 Retail & E-commerce
  12.7.2 Automotive
  12.7.3 Foods & beverages
  12.7.4 Semiconductors
  12.7.5 Pharmaceuticals
  12.7.6 Electronics
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Automated Material Handling Equipment Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Automated Storage and Retrieval System
  13.4.2 Automated Conveyor and Sorting System
  13.4.3 Automated Guided Vehicle
 13.5 Historic and Forecasted Market Size By System Load
  13.5.1 Unit Load
  13.5.2 Bulk Load
 13.6 Historic and Forecasted Market Size By Application
  13.6.1 Assembly
  13.6.2 Distribution
  13.6.3 Transportation
 13.7 Historic and Forecasted Market Size By Industry
  13.7.1 Retail & E-commerce
  13.7.2 Automotive
  13.7.3 Foods & beverages
  13.7.4 Semiconductors
  13.7.5 Pharmaceuticals
  13.7.6 Electronics
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Automated Material Handling Equipment Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Automated Storage and Retrieval System
  14.4.2 Automated Conveyor and Sorting System
  14.4.3 Automated Guided Vehicle
 14.5 Historic and Forecasted Market Size By System Load
  14.5.1 Unit Load
  14.5.2 Bulk Load
 14.6 Historic and Forecasted Market Size By Application
  14.6.1 Assembly
  14.6.2 Distribution
  14.6.3 Transportation
 14.7 Historic and Forecasted Market Size By Industry
  14.7.1 Retail & E-commerce
  14.7.2 Automotive
  14.7.3 Foods & beverages
  14.7.4 Semiconductors
  14.7.5 Pharmaceuticals
  14.7.6 Electronics
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Automated Material Handling Equipment Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Type
  15.4.1 Automated Storage and Retrieval System
  15.4.2 Automated Conveyor and Sorting System
  15.4.3 Automated Guided Vehicle
 15.5 Historic and Forecasted Market Size By System Load
  15.5.1 Unit Load
  15.5.2 Bulk Load
 15.6 Historic and Forecasted Market Size By Application
  15.6.1 Assembly
  15.6.2 Distribution
  15.6.3 Transportation
 15.7 Historic and Forecasted Market Size By Industry
  15.7.1 Retail & E-commerce
  15.7.2 Automotive
  15.7.3 Foods & beverages
  15.7.4 Semiconductors
  15.7.5 Pharmaceuticals
  15.7.6 Electronics
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion