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Automated Material Handling (AMH) Market Share, Size Global Manufactures, Consumption, Drivers, Top Leading Countries, Trends,Growth Factors, Forces Analysis, Revenue, Challenges and Global Forecast to 2023
Posted on May 5 2021 9:00 AM
"Automated Material Handling (AMH) Market Research Report study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market with Forecast Period 2021-2023.
Global Automated Material Handling (AMH) Market Research Report study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds impact on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.Automated Material Handling (AMH) Market Research Report is highly research-intensive, powered by high R & D investment, and it possesses a strong product analysis to maintain growth and ensure long-term revenue generation.
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Automated Material Handling (AMH) Market report offers a comprehensive view regarding the competitive landscape of the Automated Material Handling (AMH) market and includes a deep description of performance by some of the key global players completing in the market. It offers a list of latest updates of several business strategies including mergers, acquisitions, partnerships, product launch, expansion of production units, and collaborations adopted by these major global players. The report provides a clear picture regarding R & D investment from key players and adoption of innovative technologies to widen their consumer base and expand the existing competitive position. Moreover, the report offers a detailed information about the position, scope of growth, and opportunities of new entrants or players in the market.
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The global automated material handling (AMH) market was valued at USD 40403.78 million in 2017 and is expected to reach a value of USD 68991.5 million by 2023 at a CAGR of 11.29%, over the forecast period (2018 - 2023). Advances in global industrial production, rapid growth in the number of industrializing countries, increasing emphasis on workplace safety, and rapid growth in the e-commerce industry are expected to raise the need for automated material handling equipment during the forecast period. With high differentiation between products, and continuous decrease in the price of commodities by vendors, a high level of competition has been created in the market.
Currently, to penetrate further into this fragmented market, AMH manufacturers are increasingly spending on R & D activities to achieve product differentiation and produce highly efficient AMH systems. However, challenges, such as high capital expenditure, reluctance to change, and technical glitches are expected to affect the marketâ€™s growth in the near future.
Increasing Manufacturing Activity and Miniaturization of Material Handling Equipment to Drive the Growth
With the increase in the global population and rise in personal incomes, the demand for various products is expected to witness significant growth. Increasing investment in various industries in developing countries, such as China, India, etc. is also expected to contribute significantly to the rise in demand for AMH equipment. Substantial gains in automated equipment demand are expected to influence the manufacturers to shift their preferences toward the products that enhance productivity and are flexible for integration into automated warehouses. Rising efforts among end users to reduce labor costs, particularly in developed markets such as the United States, are expected to impact the growth of the automated material handling industry.
Retail Segment to Lead the Global Automated Material Handling Market
With the increase in the number of stock keeping units (SKUs), the size of the warehouse has increased considerably, making it difficult for warehouse workers to perform their tasks proficiently. To counter this difficulty, warehouse automation has proven to be the perfect choice for retailers and manufacturers. Additionally, many retailers are using automation in both the front and back office to help deliver digital transformation, decrease cost and increase operational efficiencies. Especially, enterprise retailers are in a strong position to test new growth initiatives, implement new technologies, and improve shopper engagement, by employing AMH equipment in their production line.
Key Developments in the Market
September 2017 - ZambÃº Higiene, an organization which manufactures, distributes, and sells more than four thousand industrial hygiene and cleaning products, has hired Mecalux to supply and install the high-density Pallet Shuttle system. The Pallet Shuttle is a semi-automated, high-density storage system where an electric shuttle runs along the rails inside the storage channels, carrying out the loading and unloading of pallets autonomously.
September 2017 - Grenzebach Maschinenbau GmbH announced that it has agreed to sell VENTECH Systems GmbH, a leader in automated tire inspection technology, to the Goodyear Tire & Rubber Company. Post-acquisition, Grenzebach invested in the further development of the inspection system, which attracted new customers. In close collaboration with Goodyearâ€™s innovation centres in the United States and Luxembourg, the tire inspection system was qualified and tested on customer installations.
March 2017 - Yamazaki Mazak Corporation, a Japanese machine tool builder, based in Oguchi, and Murata Machinery, Ltd. collaborated in the development of the â€œMAZATEC SMS (Smart Manufacturing System)â€. This collaboration is expected to pool the internal factory material handling technology of Murata Machinery, Ltd. with the advanced horizontal machining centers and multitasking machine tools of Yamazaki Mazak Corporation into one masterpiece technology.
Reasons to Purchase this Report
How the growth in E-Commerce industry act as a driver to the global market scenario?
Analyzing various perspectives of the market with the help of Porterâ€™s five forces analysis
Which product type is expected to dominate the market?
Which regions are expected to witness the fastest growth during the forecast period?
Identify the latest developments, market shares and strategies employed by the major market players.
Three months analyst support along with the Market Estimate sheet in excel.
Customization of the Report
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Covered in this report
The Report Covers the Present Scenario and the Growth Prospects of the Global Automated Material Handling (AMH) Market for 2021-2023. To calculate the market size, the report considers new installations or sales and subscription payments of Automated Material Handling (AMH).
Regional Market Analysis:
The Automated Material Handling (AMH) Market report includes Global & Regional market status and outlook 2021-2023. Further, the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Global Automated Material Handling (AMH) Market 2021-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Growing research activities coupled with new product launches.
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- High Opportunity in the Industry
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- Complications associated with Automated Material Handling (AMH) procedures.
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Key Attentions of Automated Material Handling (AMH) Market Report:
- The report offers a comprehensive and broad perspective on the global Automated Material Handling (AMH) market.
- The market statistics represented in different Automated Material Handling (AMH) segments offers complete industry picture.
- Market growth drivers, challenges affecting the development of Automated Material Handling (AMH) are analyzed in detail.
- The report will help in the analysis of major competitive market scenario, market dynamics of Automated Material Handling (AMH).
- Major stakeholders, top companies Automated Material Handling (AMH), investment feasibility and new market entrants study is offered.
- Development scope of Automated Material Handling (AMH) in each market segment is covered in this report. The macro and micro-economic factors affecting the Automated Material Handling (AMH) market
- Advancement is elaborated in this report. The upstream and downstream components of Automated Material Handling (AMH) and a comprehensive value chain are explained.
Some Major Points from Toc :-
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness Porter's Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.4 Democratic Republic of Congo
6.2 Consumption Analysis (Market Size, Growth and Forecast)
184.108.40.206 South Korea
220.127.116.11 Rest of Asia-Pacific
6.2.2 North America
18.104.22.168 United States
22.214.171.124 Rest of North America
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
6.2.4 South America
184.108.40.206 Rest of South America
6.2.5 Middle East & Africa
220.127.116.11 South Africa
18.104.22.168 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
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