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(Construction.IndustryNews247.Com, November 10, 2018 ) Increase in the Number of Orders and Shipment is expected to Fuel the Growth of Automated Material Handling Equipment Market US$ 51,219.6 Mn by 2025
Latest market study on “Automated Material Handling Equipment Market to 2025 by Product (Robots, Automated Storage & Retrieval System, Automated Conveyors & Sortation System, Automated Cranes, and Automated Guided Vehicles); System Type (Unit Load and Bulk Load); Component (Hardware, Software, and Services); Function (Storage, Transportation, Assembly, Packaging, Distribution, and Waste Handling); Industry (Automotive, Electronics, Food & Beverages, E-Commerce, Aerospace, Logistics, Pharmaceuticals and Others) - Global Analysis and Forecast”, the automated material handling equipment market is estimated to reach US$ 51,219.6 Mn by 2025 from US$ 28,643.4 Mn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Owing to the fact of growth in automotive, e-commerce, logistics, and other industries such as retail, chemicals, metal & heavy machinery industry and many more are booming with an increase in the economy of countries. The growth in respective industries implement and uses automation in their facilities to make the process error-free and to have higher efficiency. Especially in manufacturing and warehouses, automation plays a vital role which helps in the growth of automated material handling equipment market. The e-commerce industry is experiencing a huge demand due to high income of individuals and availability of wide-range of products in a single window. These factors drive the e-commerce industry which eventually grow the market of automated material handling equipment as the e-commerce requires automation in their respective facilities. Use of robots, automated guided vehicles, and automated storage systems.
Get Sample PDF Brochure of this report at http://bit.ly/2PLPSgk
The global automated material handling equipment market is segmented on the basis of industry which is fragmented into automotive, electronics, food & beverage, e-commerce, aerospace, logistics, pharmaceuticals, and others which includes metal & heavy machinery, chemicals, and retail. The automotive industry is leading the market for automated material handling equipment followed by e-commerce and logistics. In a current scenario, automotive industry holds a high market share owing to the fact of increase in the level of income and better standard of living. However, aerospace is growing at a highest CAGR and is anticipated to dominate the market by 2025.
Automated Material Handling Equipment market operates in a highly fragmented industry with large number of local players capturing market place. Key players in the market are collaborating with other providers of automated material handling equipment to gain high market share. Some of the key players operating in the automated material handling equipment market includes Fives, Jungheinrich AG, Kion Group AG, Kuka AG, Daifuku Co., Ltd., Hyster-Yale Materials Handling, Inc., BEUMER Group GmbH & Co. KG, Hanwha Corporation, John Bean Technologies Corporation, and Toyota Industries Corporation among others.
The report segments the global automated material handling equipment market as follows:
Global Automated Material Handling Equipment Market - By Product
Robots
Fixed Robot
Articulated
Cylindrical
SCARA
Parallel
Cartesian
Mobile Robot
Automated Storage & Retrieval System
Unit Load
Mini Load
Vertical Lift Module
Carousel
Mid Load
Auto Store
Automated Conveyors & Sortation System
Belt
Roller
Overhead
Screw
Automated Cranes
JIB
Bridge
Gantry
Stacker
Automated Guided Vehicles
By Vehicle
Tow Vehicle
Unit Load
Pallet Truck
Assembly Line Vehicle
Forklift
Others
By Vehicle Navigation Technology
Laser Guidance
Magnetic Guidance
Inductive Guidance
Optical Tape Guidance
Vision Guidance
Others
Global Automated Material Handling Equipment Market - By System Type
Unit Load Material Handling System
Bulk Load Material Handling System
Global Automated Material Handling Equipment Market - By Component
Hardware
Software
Warehouse Management
Warehouse Control
Warehouse Execution
Services
Global Automated Material Handling Equipment Market - By Function
Storage
Transportation
Assembly
Packaging
Distribution
Waste Handling
Global Automated Material Handling Equipment Market - By Industry
Automotive
Hardware
Software
Services
Electronics
Hardware
Software
Services
Direct Purchase a Copy of this study at http://bit.ly/2qEUeaU
Food & Beverage
Hardware
Software
Services
E-commerce
Hardware
Software
Services
Aerospace
Hardware
Software
Services
Logistics
Hardware
Software
Services
Pharmaceuticals
Hardware
Software
Services
Others
Hardware
Software
Services
Global Automated Material Handling Equipment Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K.
Rest of Europe
Asia Pacific (APAC)
China
India
Australia
Japan
Rest of APAC
Middle East and Africa (MEA)
Saudi Arabia
South Africa
UAE
Rest of MEA
South America (SAM)
Brazil
Rest of SAM
The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
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