Dublin, Nov. 30, 2023 (GLOBE NEWSWIRE) -- The "Automated Material Handling Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Automated Material Handling Equipment Market to Reach $80.9 Billion by 2030
The global market for Automated Material Handling Equipment estimated at US$43.8 Billion in the year 2022, is projected to reach a revised size of US$80.9 Billion by 2030, growing at a CAGR of 8% over the analysis period 2022-2030.
Robots, one of the segments analyzed in the report, is projected to record 9.8% CAGR and reach US$39.7 Billion by the end of the analysis period. Growth in the Automated Storage & Retrieval Systems (asrs) segment is estimated at 7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 9% CAGR
The Automated Material Handling Equipment market in the U.S. is estimated at US$8.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$20 Billion by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 7.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Select Competitors (Total 262 Featured)
- ABB Ltd.
- Abel Womack, Inc.
- A-B-C Packaging Machine Corporation
- AGVE AB
- Aichikikai Techno System Co., Ltd.
- Air Technical Industries, Inc.
- Alstef Automation SA
- Amerden Inc.
- America In Motion, Inc.
- Aethon, Inc.
- Addverb Technologies Pvt Limited
- ADCO Manufacturing
- ALLIEDFLEX Technologies, Inc.
- AGV International
- 6 River Systems, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 854 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $43.8 Billion |
| Forecasted Market Value (USD) by 2030 | $80.9 Billion |
| Compound Annual Growth Rate | 8.0% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Automated Material Handling Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
- So How Fast Or Slow Are We Moving?
- How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
- Progress on Vaccinations, Why Should Businesses Care?
- These are Times When Questions Abound & Answers Are Few
- With IMF's Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About a Global Economic Comeback.
- A Strong 2021 Economic Rebound Based On Pent-Up Demand Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
- A Retrospective Review of Year 2020 as the Worst Year in Humanity's History that Left the World in Shambles & Industries and Markets Upended
- How Manufacturing, Automotive, Supply Chains, Logistics & Transport Have & Continue to be Impacted by the Pandemic & What's the New Normal?
- Automotive End-Use Industry
- Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Manufacturing & Machinery End-Use Industry
- Global Machine Tools Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Global Manufacturing Automation Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Transportation & Logistics End-Use Sector
- Global Transportation Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Automated Material Handling Equipment: Definition, Scope & Types
- Recent Market Activity
- Innovations
MARKET TRENDS & DRIVERS
- Digital Rebound of Businesses & Industries to Provide the Cornerstone for Growth of Automated Material Handling Equipment in the Post Pandemic Period
- Here's How Intelligent Automation as Part of Digital Transformation Is Gaining Rapid Momentum Amid the Pandemic
- Trend Towards Industry 4.0, Prevalent Even During the Pre-Pandemic Period, Will Continue to Spur Growth in the Market
- Special Focus on AGVs in Smart Factories
- 3x Faster Acceleration in E-Commerce Induced by the Pandemic Brings Out Automated Fulfilment of E-Commerce Orders as a Major Disruptive Growth Driver
- Automated Parcel Sortation Systems Ride High on the Rapid Growth of e-Commerce Market
- Global e-Commerce Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Need for Optimum Space Usage and Increased Supply Chain Automation Drives Demand for Automated Storage and Retrieval Systems (ASRS)
- Reshoring Manufacturing Operations in the Post-Pandemic World, a Notable Growth Driver in Developed Markets
- Massive Post Pandemic Shift to Automated Warehousing Technologies Spurs Demand for Automated Material Handling Equipment
- Integration of Automated Material Handling Equipment with Warehouse Management, a Major Growth Driver
- Special Focus on How Automated Storage and Retrieval Systems (ASRS) Enable Warehouse Automation
- Automated Lift Trucks to Witness Increasing Adoption
- IoT, A Game Changer in Material Handling! Wondering How? Read On
- Strong Demand for Packaged Foods Amid the Pandemic Bodes Well for Modernization of Material Handling Equipment in the Food & Beverage Industry
- As Production Slowly Recovers, Auto OEMs Focus on Production Efficiency to Make Up for Losses Sustained in the Dormant Production Period
- Advanced Material Handling Equipment Leverage AI and Machine Learning to Increase Efficiency and Reliability
- Big Data Analytics to Revolutionize Material Handling Operations
For more information about this report visit https://www.researchandmarkets.com/r/625se3
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