Pune, India -- (SBWire) -- 02/15/2019 --New report published by Data Bridge Market Research Which offers insights on the "Global Automated Material Handling Market". The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, restraints, current trends of the past and present times, supervisory scenario, and technological growth. A thorough analysis of these elements has been accepted for defining the future growth prospects of the Global Automated Material Handling Market. This research report helps provide insights into innovations, opportunities and new development in the Automated Material Handling and its connected industries. It includes vital trends and dynamics of the market at regional level for the given forecast period. "Automated Material Handling "is a practice that helps organizations to improve performance by analyzing existing organizations' problems and developing improvement plans. Organizations can leverage the services of management consultants for a variety of reasons, including external (and perhaps objective) advice and access to consultant expertise.
The Automated Material Handling Market is expected to rise from its initial estimated value of USD 34.25 billion in 2018 to an estimated value of USD 62.69 billion by 2026, registering a CAGR of 7.85% in the forecast period of 2019-2026. This trend can be attributed to the increasing concerns about labour safety and cost of human resources.
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Key players/Competitors Profiled in this report are:
Honeywell, Dematic, Bastian Solutions, Siemens, Vanderlande, BEUMER Group, Fives, Hyster-Yale Group, Jungheinrich AG, Jungheinrich UK Ltd, Daifuku America, KNAPP AG, Mecalux Warehouse Solutions, Hanwha Group, JBT Corporation, Grenzebach Group, KUKA AG, KION Group, TGW Logistics Group, Mazak North America, GreyOrange, Murata Machinery USA, Inc, Fetch Robotics, Kardex Group, viastore GROUP, Mobile Industrial Robots ApS, inVia Robotics, Locus Robotics, IAM Robotics, Magazino GmbH, 6 River Systems, Inc., Mazak Europe, Yamazaki Mazak Turkey, Jungheinrich Singapore, TOYOTA INDUSTRIES CORPORATION, Fritz Schäfer GmbH, viastore SYSTEMS Inc. (North America), viastore SYSTEMS Brasil, GEEKPLUS ROBOTICS, Robert Bosch Ltd
A bird's eye view of the Automated Material Handling Industry made available in the report helps readers to understand the key drivers, restraints, challenges, and opportunities that are shaping the Automated Material Handling market. Furthermore, the report evaluates challenges experienced from buyers and sellers side.
For a pervasive understanding of the market, business strategies and latest developments of the vital players accompanied with co-development deals and market size have also been enclosed. Briefly citing, their revenue share, contact information and meticulous SWOT analysis is available. The regions which have been studied in depth are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. This helps gain better idea about the spread of this particular market in respective regions.
The report takes a close and analytical look at the various companies that strive for a higher share of the Automated Material Handling Market. Data on the leading and fastest-growing segments along with what drives them has been given.
This report implements a balanced mix of primary and secondary research methodologies for its analysis. The market is segmented on the basis of key criteria.
Major market drivers and restraints: Global Automated Material Handling Market
- Increased concerns about the cost and safety of human labour is expected to drive the market growth
- Rising growth of e-commerce industry and digitalization of supply chain to IoT is also expected to drive the market growth.
- High installation, usage and maintenance costs of these systems is expected to act as a major restraint for the market
- Lack of technically skilled professionals and technicians for the maintenance, and repair of these systems is expected to restraint the market growth
This report can be customized to meet the client's requirements. Please connect with our sales team (sopan.gedam@databridgemarketresearch.com), who will ensure that you get a report that suits your needs.
Market Segmentation: Global Automated Material Handling Market
By Geography
- Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
- North America (US, Canada, Mexico) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
- Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- South America (Brazil, Argentina, Rest of South America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
By Product
- Robots
- Conveyors & Sortation Systems
- Automated Storage and Retrieval Systems (ASRS)
- Cranes
- Automated Guided Vehicles (AGV)
By System Type
- Unit Load Material Handling Systems
- Bulk Load Material Handling Systems
By Function
- Storage
- Transportation
- Assembly
- Packaging
- Distribution
- Waste Handling
By Industry
- Automotive
- Chemicals
- Aviation
- Semiconductors & Electronics
- E-Commerce
- Food & Beverages
- Healthcare
- Metals & Heavy Machinery
- Others
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Global Automated Material Handling Market Challenges, Business Strategies & Forecasts 2026 - Key Players Are Honeywell, Dematic, Bastian Solutions, Siemens, Vanderlande
The Automated Material Handling Market is expected to rise from its initial estimated value of USD 34.25 billion in 2018 to an estimated value of USD 62.69 billion by 2026, registering a CAGR of 7.85% in the forecast period of 2019-2026.