Automated Material Handling Equipment Market Size Report

Previous Topic Next Topic
 
classic Classic list List threaded Threaded
1 message Options
Reply | Threaded
Open this post in threaded view
|

Automated Material Handling Equipment Market Size Report

pallav51

The global automated material handling landscape is entering a new era of efficiency and innovation. As industries increasingly turn toward automation to optimize their operations and meet fast-paced consumer demands, the market is poised for significant expansion. According to recent industry estimates, the Automated Material Handling (AMH) Equipment Market was esteemed at USD 25.88 billion in 2023 and is expected to reach USD 57.94 billion by 2031, growing at a robust CAGR of 10.6% over the forecast period 2024–2031.

The Automated Material Handling Equipment Market is witnessing remarkable momentum due to the surge in demand from sectors such as e-commerce, automotive, pharmaceuticals, and food & beverages. From robotic picking systems to conveyor technologies and automated storage and retrieval systems (AS/RS), organizations are rapidly integrating AMH solutions to streamline inventory movement, reduce operational costs, and enhance safety across their supply chains.

Key Market Drivers:

  • Boom in E-commerce and Omnichannel Fulfillment:
    The rapid growth of online retail and customer expectations for fast, error-free deliveries have compelled warehouses and distribution centers to adopt automation. AMH systems offer unmatched efficiency and scalability in handling high-volume orders and inventory turnover.
  • Labor Shortages and Rising Operational Costs:
    As labor availability becomes increasingly uncertain and wage costs climb, businesses are shifting to automated solutions that provide 24/7 operation capabilities. AMH equipment helps reduce reliance on manual labor while maintaining consistent performance.
  • Technological Advancements and Integration of Industry 4.0:
    Cutting-edge technologies like AI, IoT, machine vision, and digital twins are transforming traditional material handling processes. Smart sensors, real-time analytics, and cloud-based control systems enable predictive maintenance, improved uptime, and agile decision-making.
  • Focus on Workplace Safety and Ergonomics:
    Automated systems reduce the risk of workplace injuries caused by repetitive tasks or heavy lifting. This not only ensures regulatory compliance but also boosts workforce morale and retention.
  • Rising Investments in Smart Warehouses and Logistics Hubs:
    Companies across the globe are investing in next-generation warehouses and fulfillment centers equipped with high-speed conveyors, AGVs (automated guided vehicles), and robotics. These capital expenditures are critical enablers of future-ready supply chains.

Key Players

  • Daifuku Co. Ltd.
  • Siemens AG
  • Bosch Rexroth
  • Murata Machinery Ltd.
  • Swisslog Holding AG
  • SSI Schaefer AG
  • Dematic Group S.A.R.L
  • Toyota Industries Corporation
  • JBT Corporation
  • Bastian Solutions, Inc.

Conclusion:
The Automated Material Handling Equipment Market is on a high-growth trajectory, backed by the confluence of digital transformation, supply chain modernization, and shifting labor dynamics. As businesses strive for faster throughput, better accuracy, and greater agility, the adoption of automated solutions will remain a strategic priority. Industry players that offer modular, intelligent, and integrated systems are poised to lead in this rapidly evolving global market.

Contact Us:
Jagney Dave - Vice President of Client Engagement

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

Related Reports

Concrete Cooling U.S. Market

U.S. Condensing Unit Market

Metering Pumps Market in U.S.