According to the report, Advancement in the Technology for Automated Material Handling is one of the primary growth factors for the market. Growing Presence of Start-Up using Robotic Solutions for Warehouse Automation
is also expected to contribute significantly to the Automated Material Handling Equipment market growth. Overall, Assembly
applications of Automated Material Handling Equipment, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Equipment, such as Industrial Trucks, is boosting the Automated Material Handling Equipment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Verticals, such as Aviation, is boosting the Automated Material Handling Equipment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Automated Material Handling Equipment market identified that the demand is rising in many different parts of the world as "Growing Level of Order Customization and Personalization
". Furthermore, some recent industry insights like "In July 2021, with Körber, Fetch Robotics, a leader in cloud robotics, a new integrated case pick-to-pallet solution. This new solution combines the power of Fetch's Freight500 and Freight1500 autonomous mobile robots (AMRs) with the optimization capabilities of Körber's warehouse management system to dynamically coordinate warehouse staff and robot movements to streamline case picking workflows for facilities of any size. support." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Automated Material Handling Equipment market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Automated Material Handling Equipment market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Automated Material Handling Equipment market size is calculated using market estimation process, the Automated Material Handling Equipment market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Automated Material Handling Equipment market size has been validated using both top-down and bottom-up approaches.