Los Angeles, CA -- (SBWIRE) -- 06/06/2019 -- Automated Material Handling can play an essential role in modern factories for work-in-process storage and offer the advantages of improved inventory control and cost-effective utilization of time, space and equipment.
The market for automated material handling equipment is fragmented with players such as Daifuku, Schaefer Systems International, KION Group, Murata Machinery, Vanderlande, and so on. Top 17 companies occupy about 50% market share in 2016. North America and Europe are dominating the market both in production and consumption with 50%-60% share.
Continuous rise in demand for automation in industries has revolutionized the adoption of automated material handling equipment. With the advent of technologies such as robotics, wireless technologies, and driverless vehicles, the automated material handling equipment market has witnessed significant growth over the last few years. Major players in automated material handling industry focus on the development of affordable, small, compact, and energy-efficient material handling solutions to reach a wider customer base. Recent boom in e-commerce is a major driver for the materials handling systems, with widespread demand for process automation worldwide. E-commerce industry players aim on improving the quality of their service through minimal waste generation. In developing nations, industrialization and modernization primarily support the market growth.
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The major restraints for automated material handling equipment is high initial investment. The initial cost required for the set up and integration of the automated material handling equipment is high, which limits the use of these equipment in heavy manufacturing organizations. Industries with high labor costs are anticipated to use robotic systems and automated guided vehicles to reduce their labor costs and produce high quality products. Industries, such as automotive and electronics, where precision and accuracy play a major role, use automated systems to meet international quality standards. However, with new emerging technologies, and growth in competition in the market, the initial costs of automated material handling equipment would reduce in the future.
The global Automated Material Handling (AMH) market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
The following Companies as the Key Players in the Global Automated Material Handling (AMH) Market Research Report are:
Daifuku, Schaefer, KION GROUP, Murata Machinery, Vanderlande, Mecalux, Beumer group, Fives group, KUKA(Swisslog AG), Intelligrated, Knapp, Kardex AG, System Logistics, TGW Logistics, Grenzebach, Witron, Viastore,
Global Automated Material Handling (AMH) Market Segmentation by Type:
Automated Storage and Retrieval System(AS/RS), Automatic Guided Vehicle (AGV), Conveyor & Sorter Systems, Robotic Systems,
Global Automated Material Handling (AMH) Market Segmentation by Application:
E-commerce & Retail, Food & Beverage, Manufacturing, Pharmaceutical, Airport, Others,
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Regions Covered in the Global Automated Material Handling (AMH) Market:-
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the global Automated Material Handling (AMH) market
Chapter 2: Evaluating the leading manufacturers of the global Automated Material Handling (AMH) market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting global Automated Material Handling (AMH) market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
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Finally, the global Automated Material Handling (AMH) Market is a valuable source of guidance for individuals and companies. One of the major reasons behind providing market attractiveness index is to help the target audience and clients to identify the several market opportunities in the global Automated Material Handling (AMH) market. Moreover, for the better understanding of the market, QY Research has also presented a key to get information about various segments of the global Automated Material Handling (AMH) market.
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