Global Automated Material Handling Equipment Industry Report 2023: Market to Reach $80.9 Billion by 2030 - Focus on How Automated Storage and Retrieval Systems (ASRS) Enable Warehouse Automation


Dublin, Nov. 30, 2023 (GLOBE NEWSWIRE) -- The "Automated Material Handling Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Automated Material Handling Equipment Market to Reach $80.9 Billion by 2030

The global market for Automated Material Handling Equipment estimated at US$43.8 Billion in the year 2022, is projected to reach a revised size of US$80.9 Billion by 2030, growing at a CAGR of 8% over the analysis period 2022-2030.

Robots, one of the segments analyzed in the report, is projected to record 9.8% CAGR and reach US$39.7 Billion by the end of the analysis period. Growth in the Automated Storage & Retrieval Systems (asrs) segment is estimated at 7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 9% CAGR

The Automated Material Handling Equipment market in the U.S. is estimated at US$8.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$20 Billion by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 7.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Select Competitors (Total 262 Featured)

  • ABB Ltd.
  • Abel Womack, Inc.
  • A-B-C Packaging Machine Corporation
  • AGVE AB
  • Aichikikai Techno System Co., Ltd.
  • Air Technical Industries, Inc.
  • Alstef Automation SA
  • Amerden Inc.
  • America In Motion, Inc.
  • Aethon, Inc.
  • Addverb Technologies Pvt Limited
  • ADCO Manufacturing
  • ALLIEDFLEX Technologies, Inc.
  • AGV International
  • 6 River Systems, Inc.

Key Attributes:

Report AttributeDetails
No. of Pages854
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$43.8 Billion
Forecasted Market Value (USD) by 2030$80.9 Billion
Compound Annual Growth Rate8.0%
Regions CoveredGlobal

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Automated Material Handling Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
  • So How Fast Or Slow Are We Moving?
  • How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Progress on Vaccinations, Why Should Businesses Care?
  • These are Times When Questions Abound & Answers Are Few
  • With IMF's Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About a Global Economic Comeback.
  • A Strong 2021 Economic Rebound Based On Pent-Up Demand Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
  • A Retrospective Review of Year 2020 as the Worst Year in Humanity's History that Left the World in Shambles & Industries and Markets Upended
  • How Manufacturing, Automotive, Supply Chains, Logistics & Transport Have & Continue to be Impacted by the Pandemic & What's the New Normal?
  • Automotive End-Use Industry
  • Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Manufacturing & Machinery End-Use Industry
  • Global Machine Tools Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Global Manufacturing Automation Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Transportation & Logistics End-Use Sector
  • Global Transportation Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Automated Material Handling Equipment: Definition, Scope & Types
  • Recent Market Activity
  • Innovations

MARKET TRENDS & DRIVERS

  • Digital Rebound of Businesses & Industries to Provide the Cornerstone for Growth of Automated Material Handling Equipment in the Post Pandemic Period
  • Here's How Intelligent Automation as Part of Digital Transformation Is Gaining Rapid Momentum Amid the Pandemic
  • Trend Towards Industry 4.0, Prevalent Even During the Pre-Pandemic Period, Will Continue to Spur Growth in the Market
  • Special Focus on AGVs in Smart Factories
  • 3x Faster Acceleration in E-Commerce Induced by the Pandemic Brings Out Automated Fulfilment of E-Commerce Orders as a Major Disruptive Growth Driver
  • Automated Parcel Sortation Systems Ride High on the Rapid Growth of e-Commerce Market
  • Global e-Commerce Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Need for Optimum Space Usage and Increased Supply Chain Automation Drives Demand for Automated Storage and Retrieval Systems (ASRS)
  • Reshoring Manufacturing Operations in the Post-Pandemic World, a Notable Growth Driver in Developed Markets
  • Massive Post Pandemic Shift to Automated Warehousing Technologies Spurs Demand for Automated Material Handling Equipment
  • Integration of Automated Material Handling Equipment with Warehouse Management, a Major Growth Driver
  • Special Focus on How Automated Storage and Retrieval Systems (ASRS) Enable Warehouse Automation
  • Automated Lift Trucks to Witness Increasing Adoption
  • IoT, A Game Changer in Material Handling! Wondering How? Read On
  • Strong Demand for Packaged Foods Amid the Pandemic Bodes Well for Modernization of Material Handling Equipment in the Food & Beverage Industry
  • As Production Slowly Recovers, Auto OEMs Focus on Production Efficiency to Make Up for Losses Sustained in the Dormant Production Period
  • Advanced Material Handling Equipment Leverage AI and Machine Learning to Increase Efficiency and Reliability
  • Big Data Analytics to Revolutionize Material Handling Operations

For more information about this report visit https://www.researchandmarkets.com/r/625se3

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