{"product_id":"automated-material-handling-equipment-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Automated Material Handling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eAutomated Material Handling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nThe global automated material handling equipment market size reached US$ 37.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2022-2028.\u003c\/p\u003e\n\n\u003cp\u003eMaterial handling involves a wide range of activities, including movement, protection, storage and control, which are performed during manufacturing, warehousing, distribution, consumption and disposal of products and materials. It is nowadays commonly conducted using automated material handling equipment to reduce human intervention and improve logistics management. It also helps in forecasting, production planning, resource allocation, inventory control, flow and process management, and after-sales support and services. Consequently, several organizations are relying on automated handling equipment to improve customer service, reduce inventory, shorten delivery time and lower overall handling costs.\u003c\/p\u003e\n\n\u003cp\u003eRapid industrialization, the emergence of the Fourth Industrial Revolution (Industry 4.0) and the widespread adoption of the internet of things (IoT), artificial intelligence (AI) and radio frequency identification (RFID) technologies are among the major factors spurring the market growth. Apart from this, due to the substantial rise in the aerospace, agriculture, automotive and construction industries, leading companies in these sectors are utilizing next-generation automated material handling equipment to modernize manufacturing processes, increase flexibility in warehouse operations and enhance transparency in the supply chain. Moreover, key players are emphasizing on mergers and acquisitions (M\u0026amp;A), collaborations and partnerships with other companies to introduce innovative products. Furthermore, on account of the coronavirus disease (COVID-19) outbreak, implementation of social distancing rules by governing agencies and the rising adoption of remote working models, these players are also focusing on automating and digitizing the supply chains. This, in turn, is expected to provide a positive impact on the market growth.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eIMARC Group provides an analysis of the key trends in each sub-segment of the global automated material handling equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, product, function, system type and end use industry.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Component:\u003c\/p\u003e\n\n\u003cp\u003eHardware\u003c\/p\u003e\n\n\u003cp\u003eSoftware\u003c\/p\u003e\n\n\u003cp\u003eServices\u003c\/p\u003e\n\n \n\n\u003cp\u003eBreakup by Product:\u003c\/p\u003e\n\n\u003cp\u003eConveyors and Sorting Systems\u003c\/p\u003e\n\n\u003cp\u003eAutomated Storage and Retrieval Systems\u003c\/p\u003e\n\n\u003cp\u003eRobots\u003c\/p\u003e\n\n\u003cp\u003eAutomated Guided Vehicles\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n \n\n\u003cp\u003eBreakup by Function:\u003c\/p\u003e\n\n\u003cp\u003eAssembling\u003c\/p\u003e\n\n\u003cp\u003ePackaging\u003c\/p\u003e\n\n\u003cp\u003eStorage\u003c\/p\u003e\n\n\u003cp\u003eTransportation\u003c\/p\u003e\n\n\u003cp\u003eDistribution\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n \n\n\u003cp\u003eBreakup by System Type:\u003c\/p\u003e\n\n\u003cp\u003eUnit Load\u003c\/p\u003e\n\n\u003cp\u003eBulk Load\u003c\/p\u003e\n\n \n\n\u003cp\u003eBreakup by End Use Industry:\u003c\/p\u003e\n\n\u003cp\u003eAutomotive\u003c\/p\u003e\n\n\u003cp\u003eChemicals\u003c\/p\u003e\n\n\u003cp\u003eAviation\u003c\/p\u003e\n\n\u003cp\u003eSemiconductor and Electronics\u003c\/p\u003e\n\n\u003cp\u003eE-Commerce\u003c\/p\u003e\n\n\u003cp\u003eFood and Beverages\u003c\/p\u003e\n\n\u003cp\u003eHealthcare\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n \n\n\u003cp\u003eBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003c\/p\u003e\n\n\u003cp\u003eUnited States\u003c\/p\u003e\n\n\u003cp\u003eCanada\u003c\/p\u003e\n\n\u003cp\u003eAsia Pacific\u003c\/p\u003e\n\n\u003cp\u003eChina\u003c\/p\u003e\n\n\u003cp\u003eJapan\u003c\/p\u003e\n\n\u003cp\u003eIndia\u003c\/p\u003e\n\n\u003cp\u003eSouth Korea\u003c\/p\u003e\n\n\u003cp\u003eAustralia\u003c\/p\u003e\n\n\u003cp\u003eIndonesia\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eEurope\u003c\/p\u003e\n\n\u003cp\u003eGermany\u003c\/p\u003e\n\n\u003cp\u003eFrance\u003c\/p\u003e\n\n\u003cp\u003eUnited Kingdom\u003c\/p\u003e\n\n\u003cp\u003eItaly\u003c\/p\u003e\n\n\u003cp\u003eSpain\u003c\/p\u003e\n\n\u003cp\u003eRussia\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eLatin America\u003c\/p\u003e\n\n\u003cp\u003eBrazil\u003c\/p\u003e\n\n\u003cp\u003eMexico\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eMiddle East and Africa\u003c\/p\u003e\n\n\u003cp\u003eCompetitive Landscape:\u003c\/p\u003e\n\n\u003cp\u003eThe report has also analysed the competitive landscape of the market with some of the key players being BEUMER Group GmbH \u0026amp; Co. KG, Daifuku Co. Ltd., Honeywell International Inc., JBT Corporation, Kion Group AG, KNAPP AG, KUKA Aktiengesellschaft (Midea Group Co. Ltd.), Murata Machinery Ltd., TGW Logistics Group GmbH, Toyota Industries Corporation and Viastore Systems GmbH.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report\u003c\/p\u003e\n\n\u003cp\u003e1. What are the key factors driving the global automated material handling equipment market?\u003c\/p\u003e\n\n\u003cp\u003e2. What has been the impact of COVID-19 on the global automated material handling equipment market?\u003c\/p\u003e\n\n\u003cp\u003e3. What is the breakup of the global automated material handling equipment market based on the component?\u003c\/p\u003e\n\n\u003cp\u003e4. What is the breakup of the global automated material handling equipment market based on the product?\u003c\/p\u003e\n\n\u003cp\u003e5. What is the breakup of the global automated material handling equipment market based on the function?\u003c\/p\u003e\n\n\u003cp\u003e6. What is the breakup of the global automated material handling equipment market based on the system type?\u003c\/p\u003e\n\n\u003cp\u003e7. What is the breakup of the global automated material handling equipment market based on the end use industry?\u003c\/p\u003e\n\n\u003cp\u003e8. What are the key regions in the global automated material handling equipment market?\u003c\/p\u003e\n\n\u003cp\u003e9. Who are the key players\/companies in the global automated material handling equipment market?\u003c\/p\u003e","brand":"Heavy Industry","offers":[{"title":"November, 2023 \/ 143 Pages \/ MCW16215652","offer_id":47618126479666,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/automated-material-handling-equipment-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}