Automated Material Handling Market - Recent Study including Growth Factors

Posted by nileshdbmr on February 3rd, 2020

Global automated material handling market is projected to register a CAGR of 7.9% in the forecast period of 2019 to 2026.

Automated material handling can be defined as automation within the manufacturing unit or the production unit which is responsible for the procurement of the raw material to the delivering of the finished goods to the intended consumer. It eliminates the need for the human work within the manufacturing premises. Equipment which are being used in automated material handling are known as material handling equipment which has the major function of protection, movement, storage and control of the material, products or the goods within the whole process of manufacturing, distribution, consumption and disposal.

Some of the transport equipment is transport equipment which includes conveyors, cranes, industrial trucks, positioning equipment, unit load formation equipment, storage equipment. Automated material handling has the ability to increase the productivity, scalability, and operational efficiency by minimizing the chances of error or defect.

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Competitive Analysis: Global Automated Material Handling Market

Some of the prominent participants operating in this market are GreyOrange pte ltd., GEEK+ INC., Scallog, Eiratech Robotics, Dematic, Witron, TGW Logistics Group, Knapp AG, Arcadis, Mecalux, S.A., Naumann/Hobbs Material Handling, Conveyco, Daifuku co., ltd., IAM Robotics, Material Handling Systems, Swisslog Holding Ltd., Schaefer Systems International, Amber Industries Limited, Advanced Automated Systems, Inc., Taylor Material Handling & Conveyor, l3 Technologies, Inc. Product Launch

Segmentation: Global Automated Material Handling Market

Global automated material handling market is segmented into four notable segments which are offering, system type, function, industry.

• On the basis of offering, the market is segmented into system, software and services.
• On the basis of system type, the market is segmented into unit load material handling systems, bulk load material handling systems.
• On the basis of function, the market is segmented into transportation and storage.
• On the basis of industry, the market is segmented into automotive, metals and heavy machinery, food and beverages, chemicals, semiconductor and electronics, pharmaceuticals, construction, paper, regular retail, E- commerce and others.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

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