Global Automated Material Handling Equipment Market By Product Type(Robots, Fixed Robots, Automated Storage and Retrieval Systems (ASRS), Automated Conveyors and Sortation Systems, Automated Cranes, Automated Guided Vehicles (AGV)), By system type (Unit Load Material Handling Systems, Bulk Load Material Handling Systems) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) - Industry Trends and Forecast to 2024
Market Analysis: Global Automated Material Handling Equipment Market
The Global Automated Material Handling Equipment Marketaccounted to USD 29.0billion in 2016 growing at a CAGR of 8.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Automated Material Handling Equipment Market
Automated materials handling (AMH) refers to any automation that reduces or eliminates the need for humans to check-in, check-out, sort material, or to move totes and bins containing library material.
Major Market Drivers and Restraints:
- Increasing Focus Toward Workers Safety
- Reduction in Labor Cost Through Advancement in Robotics
- Growing E-Commerce Industry
- High Cost of Equipment Followed By Its Maintenance Cost
Market Segmentation: Global Automated Material Handling Equipment Market
On the basis of product type the Automated Material Handling Equipment Marketis segmented intoRobots, Fixed Robots, Automated Storage and Retrieval Systems (ASRS), Automated Conveyors and Sortation Systems, Automated Cranes, Automated Guided Vehicles (AGV).
On the basis of system the Automated Material Handling Equipment Marketis segmented into Unit Load Material Handling Systems, Bulk Load Material Handling Systems.
On the basis of geography, Automated Material Handling Equipment Marketreport covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis: Global Automated Material Handling Equipment Market
Automated Material Handling Equipment Marketis highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Automated Material Handling Equipment Market
Some of the major players operating in Automated Material Handling Equipment MarketareDaifuku Co., Ltd.,Hyster-Yale Material Handling, Inc., Jungheinrich AG,Kion Group AG, Toyota Industries Corporation, Hanwha Corporation, John Bean Technologies (JBT) Corporation,Kuka AG,Beumer Group GmbH & Co. Kg, Fives, Knapp AG, Murata Machinery, Ltd., SSI Schaefer Group, TGW Logistics Group GmbH,Viastore Systems GmbHamong others.
Research Methodology: Global Automated Material Handling Equipment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or drop down your enquiry.
Demand Side Primary Contributors: Doctors, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.