Industry Background:
The automatic equipment used in Automated materials handling (AMH) systems contains check-in machines, sorters, conveyors, stackers and unstackers, totes, bins, trolleys, and tote carriers. A material-handling system is an integrated system involving such activities as handling and controlling of materials. Materials comprise all kinds of raw material, work-in-progress, sub-assemblies, and finished assemblies. The material-handling system is to ensure that the material in the right amount is safely delivered to the desired destination.This growth is primarily driven by Growing Presence of Start-Up using Robotic Solutions for Warehouse Automation
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Industrial Conglomerates sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Fetch Robotics (Unites States), IAM Robotics (Unites States), Magazino (Germany), 6 River Systems (Unites States), GreyOrange (Singapore), Locus Robotics (Unites States), Daifuku Co. Ltd (Japan), Swisslog AG (Switzerland), Kardex (Switzerland) and Murata Machinery (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
August 15, 2019 - GreyOrange, a global software and robotics company that leverages AI and machine learning to optimize supply chains, has announced partnerships with eight warehouse industry leaders in the United States. Avik Services, Bricz, Hy-Tek, Info-Sun, McCombs-Wall, S&H Systems, TREW and UST Global will join forces with GreyOrange to help sell, deploy and service GreyOrange technology.
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.
Influencing Trend:
Advancement in the Technology for Automated Material Handling
Market Growth Drivers:
Growing Presence of Start-Up using Robotic Solutions for Warehouse Automation, Increasing Popularity of AMH Equipment among Leading Industries and Increasing Demand for Automation in Industries
Challenges:
Lack of Skilled Workforce for Repair and Maintenance
Restraints:
High Initial Costs of Automated Material Handling Equipment and The Integration and Switching Costs is high
Opportunities:
Growing Level of Order Customization and Personalization and Digitization of Supply Chain Processes with Integration of IoT
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Automated Material Handling Equipment Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Automated Material Handling Equipment Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Automated Material Handling Equipment players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Automated Material Handling Equipment Study Sheds Light on
The Automated Material Handling Equipment Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automated Material Handling Equipment industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automated Material Handling Equipment industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.