Automated Material Handling (AMH) Equipment Market Outlook: Complete Industry Analysis (2024 to 2031

Automated Material Handling (AMH) Equipment Introduction

The Global Market Overview of "Automated Material Handling (AMH) Equipment Market" offers a unique insight into key market trends shaping the industry world-wide and in the largest markets. Written by some of our most experienced analysts, the Global Industrial Reports are designed to provide key industry performance trends, demand drivers, trade, leading companies and future trends. The Automated Material Handling (AMH) Equipment market is expected to grow annually by 11.1% (CAGR 2024 - 2031).

Automated Material Handling (AMH) Equipment refers to machines or systems that automate the movement, storage, control, and protection of materials within a warehouse or manufacturing facility. The purpose of AMH equipment is to improve efficiency, accuracy, and safety in material handling processes, reducing labor costs and human error.

The advantages of using AMH equipment include increased productivity, reduced operational costs, improved inventory management, enhanced safety for workers, and greater flexibility in handling various types of materials. Additionally, AMH equipment can streamline operations, increase throughput, and optimize space utilization, contributing to overall business profitability.

With the rising demand for automation in industries, the Automated Material Handling Equipment market is expected to witness significant growth in the coming years. As companies seek to improve efficiency and productivity, the adoption of AMH equipment is likely to increase, driving the market forward.

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Market Trends in the Automated Material Handling (AMH) Equipment Market

- Adoption of Artificial Intelligence (AI) and Machine Learning in AMH equipment for optimized operations and predictive maintenance.

- Integration of Internet of Things (IoT) sensors for real-time monitoring and tracking of goods.

- Demand for autonomous mobile robots and drones for efficient warehouse operations.

- Shift towards cloud-based software solutions for remote monitoring and control of AMH equipment.

- Increasing focus on sustainability with the use of energy-efficient and eco-friendly AMH equipment.

- Rising popularity of robotic arms and automation solutions for handling delicate and high-value goods.

- Industry disruptions with the introduction of collaborative robots (cobots) for safe human-robot interactions.

- Growing preference for modular and scalable AMH solutions to adapt to changing business needs. The Automated Material Handling Equipment Market is expected to witness significant growth as these trends drive innovation and efficiency in warehouse operations.

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Market Segmentation

The Automated Material Handling (AMH) Equipment Market Analysis by types is segmented into:

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

Automated Material Handling (AMH) Equipment includes robots, conveyors, sortation systems, Automated Storage and Retrieval Systems (ASRS), cranes, and Automated Guided Vehicles (AGV). These types of equipment help streamline and optimize the movement and storage of materials in warehouses and distribution centers, increasing efficiency and reducing labor costs. The demand for AMH equipment is boosted by the need for faster and more accurate material handling processes, as well as the growing trend towards automation in supply chain and logistics operations.

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The Automated Material Handling (AMH) Equipment Market Industry Research by Application is segmented into:

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

Automated Material Handling (AMH) Equipment is utilized in various industries such as Automotive, Chemicals, Aviation, Semiconductor & Electronics, E-Commerce, Food & Beverages, Healthcare, Metals and Heavy Machinery, and others. It is used for tasks such as sorting, storing, retrieving, and transporting materials efficiently and safely. In terms of revenue, the fastest growing application segment is E-Commerce, due to the increasing demand for automation in order fulfillment processes and warehouse operations. Overall, AMH Equipment enhances productivity, reduces labor costs, minimizes errors, and improves overall operational efficiency in these industries.

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Geographical Spread and Market Dynamics of the Automated Material Handling (AMH) Equipment Market

North America:

United States
Canada

Europe:

Germany
France
U.K.
Italy
Russia

Asia-Pacific:

China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia

Latin America:

Mexico
Brazil
Argentina Korea
Colombia

Middle East & Africa:

Turkey
Saudi
Arabia
UAE
Korea

The Automated Material Handling (AMH) Equipment market in North America is driven by increasing demand for efficiency, safety, and cost-effectiveness in the manufacturing and logistics industries. The market is witnessing growth in the United States and Canada due to technological advancements and the presence of key players such as Hyster-Yale Materials Handling. In Europe, Germany, France, the ., and Italy are major contributors to the market with companies like KION and KNAPP leading the way. In the Asia-Pacific region, countries like China, Japan, and India are experiencing significant growth in AMH Equipment market with companies like Daifuku and Murata Machinery playing a key role. Latin America, Middle East, and Africa are also witnessing growth opportunities with companies such as Toyota Industries and KUKA expanding their presence in these regions. Key growth factors include the adoption of Industry 4.0 technologies, increasing e-commerce activities, and the need for streamlining supply chain operations.

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Automated Material Handling (AMH) Equipment Market Growth Prospects and Market Forecast

The expected CAGR for the Automated Material Handling (AMH) Equipment Market during the forecasted period is projected to be around 7-8%. This growth can be attributed to the increasing adoption of automation in various industries, such as manufacturing, warehousing, and e-commerce, to streamline operations and improve efficiency. Innovative growth drivers, such as the integration of IoT, AI, and robotics into AMH equipment, are expected to further propel market growth.

Innovative deployment strategies, such as the use of autonomous mobile robots (AMRs) for material handling in warehouses and fulfillment centers, are gaining traction. Additionally, the trend towards cloud-based AMH solutions for real-time monitoring and optimization of operations is likely to fuel market growth. Other factors, such as the rising demand for customization and scalability in AMH equipment, are also expected to drive market expansion.

Overall, the Automated Material Handling Equipment Market is poised for significant growth, driven by technological advancements, increasing demand for efficiency and productivity, and the need for cost-effective solutions in a competitive business landscape.

Automated Material Handling (AMH) Equipment Market: Competitive Intelligence

Toyota Industries (Japan)
Jungheinrich (Germany)
KION (Germany)
Daifuku (Japan)
Hyster-Yale Materials Handling (US)
Hanwha (South Korea)
John Bean Technologies (US)
KUKA (Germany)
BEUMER (Germany)
Fives (France)
KNAPP (Germany)
Murata Machinery (Japan)
SSI Schaefer (Germany)
TGW (Austria)
Viastore (Germany)

Toyota Industries, a leading player in the AMH equipment market, has a strong reputation for innovative solutions and high-quality products. Their past performance includes consistent revenue growth and solid market share. Their market strategies focus on technological advancements and customer satisfaction.

KION Group, another key player, has a strong presence in the market with a wide range of products and services. They have shown steady growth in revenue and market share over the years. Their market strategies include a focus on sustainability and eco-friendly solutions.

Daifuku, a Japanese company, is known for its cutting-edge technology and automation solutions in the AMH equipment sector. They have a strong track record of revenue growth and market expansion. Their market strategies revolve around continuous research and development to stay ahead in the industry.

In terms of sales revenue:

- Toyota Industries: $ billion

- Jungheinrich: $4.2 billion

- KION Group: $10.6 billion

- Daifuku: $3.5 billion

- Hyster-Yale Materials Handling: $3.3 billion

These companies have a significant market size and growth prospects in the AMH equipment industry. With a focus on innovation, customer satisfaction, and technological advancements, they are expected to continue leading the market in the coming years.

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