Automated Material Handling Global Market Aggrandizes By 2027

Pune, India, May, 2018/MRFR Press Release/- Market Research Future published a half  cooked research report on “Global Automated Material Handling Market” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2027.

The Global Automated Material Handling Market is led by some of the fervent players including Daifuku Co. Ltd (Japan), Schaefer Holding International (Germany), Dematic (US), Mecalux (Spain), Murata Machinery (Japan), Vanderlande Industries (US), Swisslog AG (Switzerland), Intelligrated (US) Kardex (Switzerland), and The BEUMER Group (Germany). Profiling them in its analysis, MRFR finds out their strategies keeping them at the forefront of competition.

Automated Material Handling Market – Overview

Automated Material Handling (AMH) refers to the automated material lifting devices used across industries, in every single step of a product life cycle from production to the delivery to the end consumers. They are used for safe moving, lifting, and storage of materials without human intervention, in manufacturing and distribution departments. These equipment are cost-effective and help the end-users to capably achieve three main goals a manufacturing unit demands - increased safety, flexibility and efficiency, all this while saving an enormous amount of time.

With the intervention of technology, these equipment have significantly evolved, over the past few years, undergoing some notable transformations. Evidently, manufacturers are the driving force for bringing up these transformations. Keeping the three goals in mind, they have developed a range of automated equipment like conveyors, elevators, cranes, track cranes hoist and lift trucks, stacker, bridge cranes and monorails, gantry cranes and lever hoists and so on.

Technological advancement transpired in this industry have increasingly availed efficient and cost-effective solutions leading to the automation of these equipment. These advancements have escorted its market value to an unparalleled level, making these equipment popular and widely adopted.

Acknowledging the kind of traction the market is garnering currently, demonstrating the growth prospects worldwide, Market Research Future (MRFR) has recently published a study report giving out the complete market insight up to 2027. In its analysis, MRFR asserts that the thriving global Automated Material Handling Market, growing further will register a fabulous growth rate during 2017 to 2027.

Other factors contributing to the market growth include increasing automation across manufacturing industries. The continually growing pressure for optimization of resources and raw materials consumption is driving the demand & uptake of Automated Material Handling equipment.  Besides factors such as continuous technological innovation, up gradation of the manufacturing plants and the expansion of the manufacturing base in developing nations are providing impetus to the market growth of Automated Material Handling equipment.

The proliferation of Industrial internet of things (IIoT) fueled by the new automation initiatives undertaken by manufacturers pushing towards Industry 4.0 revolution has influenced the market growth, improving their operations. Extensive uptake of analytics will allow the industry to witness a tremendous change in the years to come.

For instance; Vecna Robotics (US) is the first company in the material handling market to offer advanced AGV solutions with IIoT monitoring. This proprietary technology sends live data to a highly skilled team of support engineers, and corrective actions are executed or recommended before downtime occurs. This translates into bottom-line throughput improvement. Mobile automation in warehousing, distribution and manufacturing is likely to allow more additions to the list of Automatic guided vehicle (AGV) or cart (AGC), Autonomous mobile robot (AMR), Vision-guided vehicle (VGV), Self-driving vehicle (SDV).

Access Report @ https://www.marketresearchfuture.com/reports/automated-material-handling-market-1029

Automated Material Handling Market – Competitive Analysis

The Automated Material Handling market appears fiercely fragmented & competitive due to the competitive landscape formed by the many large and small players along with the new entrants.   Agreement & Partnership, Product Launch, Acquisition, and expansion are the strategies of the key players, traced from the recent proceedings.

Substantial investments have been made in the R&D to develop a technology that is entirely on a different level and unrivaled. Manufacturers strive to deliver power-efficient & lightweight cameras capable of producing pristine imagery in a variety of demanding situations.

Industry/ Innovation/ Related News:

May 15, 2018 – Toyota Advanced Logistics North America, Inc. (TALNA), a leading global provider of end-to-end supply chain solutions announced the completion of the acquisition of Peach State Integrated Technologies (USA), a material handling integration and strategic supply chain consulting, and engineering firm. This deal supporting TALNA’s growth strategy will help it offer an expanded network of services and knowledgeable supply chain professionals to its clients.

April 30, 2018 – Cincinnati Incorporated (US), a leading global manufacturer of a wide variety of metal fabrication equipment including Laser Cutting Systems, etc. launched its new machine handling system, namely - Multi Axis Rapid Cincinnati Handling (MARCH) for automated handling of metal fabrication materials. Designed to be used with the manufacturer’s lasers, MARCH is available in standard and high-density configurations that can vary from simple load/unload to expandable towers.

Global Automated Material Handling Market - Segment

The global Automated Material Handling Market can be segmented into five key dynamics for the convenience of the report and enhanced understanding;

By Operations                         : Comprising Packaging & Distribution, Assembly, Storage & Transportation, and Waste Management among others.

By Software & Services                   : Software {Warehouse Management System (WMS), and Transportation management system (TMS)}, Services (Training & Software Up gradation, Maintenance & Repairs,)

By Applications                      : Foods & Beverages, Automotive, Healthcare, E-Commerce, Chemicals, Aviation, Semiconductors and Electronics, among others.

By Automated Equipment     : Automated Guided Vehicles, Automated Storage and Retrieval System, Automated Cranes, Conveyors and Robotics System, among others.

By Regions                             :  North America, Europe, APAC and Rest of the World.

Global Automated Material Handling Market -

Regional Analysis

Globally, Asia-Pacific region dominates the Automated Material Handling market owing to the presence of numerous manufacturing plants in the various countries in the region. Most of the nations in APAC are in their developing phase, hence are open for the foreign investors, therefore, allowing the international players of multiple domains to open the manufacturing unit in these countries.

Furthermore, the Asia-Pacific region is expected to grow significantly in the space of power quality equipment (PQE). Automated Material Handling also facilitates the distribution and production of materials majorly in the e-commerce industry. Thereby, booming eCommerce and PQE industry will provide a great impetus to the growth of the APAC market of the Automated Material Handling.

Europe accounts for the second largest market for the Automated Material Handling, in terms of revenue and market size. Resurging economy coupled with the booming regional industrial sector combined with the augmenting workplaces safety concerns, especially in automotive, food & beverage and metal & heavy industries, will propel the regional market growth.  

North America region, on the other hand, accounts for the third largest market for the Automated Material Handling owing to the presence of numerous manufacturing plants primarily in the US. The proliferation and uptake of advanced technology foster the market growth mostly.