$50+ Billion Automated Material Handling (AMH) Equipment Market, 2024

Tuesday, 02. October 2018 12:12

Dublin, Oct. 02, 2018 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.

The AMH equipment market is expected to reach USD 53.59 billion by 2024 from USD 33.46 billion by 2018 at a CAGR of 8.2%

The key factors driving the growth of the market include 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. However, the high upfront cost of AMH equipment for small- and medium-sized enterprises (SMEs) and high integration and switching costs are key restraining factors for the market growth.

The market for robots is expected to grow at the highest from 2018 to 2024. Implementing robots greatly increases the efficiency and productivity of manufacturing and warehouse operating companies. Moreover, 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 AMH equipment market for unit load material handling systems is estimated to grow at a higher CAGR during 2018-2024. Unit load material handling systems involve appropriately sized items organized into a single unit that can be moved easily. It is a quick and economical method to move a large number of items in a single run. The unit load material handling systems are widely used in various industries as they are cost-effective and capable of handling several items simultaneously, thereby reducing the number of trips and time required for loading and unloading, along with the cost of handling.

The AMH equipment market for packaging is expected to grow at the highest CAGR during 2018-2024. The role of packaging has become significant in the industries such as e-commerce, food & beverages, chemicals, and pharmaceuticals. The primary purpose of packaging is to provide protection to the item or product as it is handled numerous times during the order fulfillment process. The use of AMH equipment in the packaging process enhances the quality of packaging. The equipment is capable of working with various packaging designs and multiple pack sizes for different products. They can optimize the packaging of both small and large, and fragile products with optimum speed, along with eliminating the human errors.

The market in the APAC is expected to grow at the highest CAGR from 2018-2024. The growth is attributed to the presence of some of the largest and fastest-growing economies (such as China, Japan, and India) in the world. Huge domestic demand for products and services, and significant business growth opportunities have led to the establishment of the manufacturing and warehousing units of various industries, such as automotive, metals and heavy machinery, and semiconductor & electronics, in the region. This offers an attractive growth opportunity for the AMH equipment market in APAC. Various exhibitions aim at bringing together leading international decision-makers from the global transport and logistics sectors. These exhibitions allow warehousing and logistics communities to come together to meet, and establish network and business partnerships.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

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

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

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

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

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

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

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

12 Competitive Landscape

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

13.1 Key Players
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

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Related Topics: Industrial Automation , Material Handling Equipment

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