Automated Material Handling Equipment Market with COVID-19 Impact Analysis by Product (Robots, ASRS, Conveyors and Sortation Systems, Cranes, WMS, AGV), System Type (Unit Load, Bulk Load), Industry and Region - Global Forecast to 2027

Abstract
The automated material handling equipment market size is projected to grow from USD 28.8 billion in 2022 to USD 45.1 billion in 2027; it is expected to grow at a CAGR of 9.4% from 2022 to 2027. The growth of the automated material handling equipment industry is driven mainly by growing demand for ASRS in the e-commerce industry due to the onset of COVID-19.

COVID-19 has emerged as a global pandemic that has spread worldwide and disrupted various industries around the world. The prominent players across industries have been affected by this pandemic. The foreseeable decline in the growth of end-user industries may have a considerable direct impact on the automated material handling equipment market.

“Unit Load segment is expected to grow at the higher CAGR during the forecast period.”

The unit load material handling systems segment is expected to grow at a higher CAGR during the forecast period. These systems are widely used in various industries as they are cost-effective and can handle several items simultaneously, thereby reducing the number of trips, the time required for loading and unloading, and the cost of handling. The increasing demand for automated material handling equipment in the e-commerce industry is expected to fuel the market of unit load material handling systems during the forecast period.

Owing to the COVID-19 pandemic, the AMHE market faced decline in its growth. However, it also created awareness amongst the manufacturers and warehouse operators in the e-commerce, automotive, and semiconductor and electronics industry regarding the benefits of unit load material handling systems. Thus, an increase in the adoption of such equipment in these industries is expected.

“Automotive Industry is expected to hold the largest share of market during the forecast period.”

The automotive industry is expected to hold the largest share of the AMH equipment market during the forecast period. Automotive industry is amongst the most innovative industries in terms of using automated equipment The need for constant availability of components and spare parts, just-in-time (JIT) delivery of materials, and reduction in the cost of unproductive labour are driving the growth of the automotive industry segment.

“Asia Pacific is expected to account for the largest share of market in 2022.”

The AMH equipment market in Asia Pacific is expected to account for the largest share of market in 2022. Rising awareness related to warehouse automation, increased emphasis of the leading economies such as China and Japan on robotics and automation, and the growing e-commerce industry are some of the primary factors contributing to the higher share of Asia Pacific in the AMH equipment market. The rapid growth of automotive, e-commerce, food & beverages, and healthcare industries in emerging economies, such as China and Japan, has contributed to the growth of the AMH equipment market in Asia Pacific.

Moreover, governments in Asia Pacific countries are increasingly emphasizing safety and security on production floors, which can be best achieved by the implementation of AMH equipment. The market is witnessing rapid growth in countries such as China and Japan, owing to increasing investments by manufacturers and suppliers in the installation of such equipment at warehouses and distribution centres.

Break-up of the profiles of primary participants:
•By Company Type – Tier 1 – 45%, Tier 2 – 30%, and Tier 3 – 25%
•By Designation – C-level Executives – 35%, Directors – 45%, and Others – 20%
•By Region – North America - 30%, Europe – 25%, Asia Pacific – 35%, and Rest of the World – 10%

Major players in the automated material handling equipment market include Daifuku (Japan), KION (Germany), SSI Schaefer (Germany), Toyota Industries (Japan) and Honeywell International (US).
The automated material handling equipment market has been segmented into product, system type, industry, and region. The automated material handling equipment market has been studied for North America, Europe, Asia Pacific, and the Rest of the World.

Reasons to buy the report:
•Illustrative segmentation, analysis, and forecast of the market based on product, system type, industry, and region have been conducted to give an overall view of the automated material handling equipment market.
•A value chain analysis has been performed to provide in-depth insights into the automated material handling equipment market.
•The key drivers, restraints, opportunities, and challenges pertaining to the automated material handling equipment market have been detailed in this report.
•Detailed information regarding the COVID-19 impact and related updates on the market has been provided in the report
•The report includes a detailed competitive landscape of the market, along with key players, as well as in-depth analysis of their revenues

Content
Table of Contents

1INTRODUCTION36
1.1STUDY OBJECTIVES36
1.2MARKET DEFINITION36
1.3INCLUSIONS AND EXCLUSIONS37
1.4STUDY SCOPE37
1.4.1MARKETS COVERED37
1.4.2GEOGRAPHIC SCOPE38
1.4.3YEARS CONSIDERED38
1.5CURRENCY39
1.6STAKEHOLDERS39
1.7SUMMARY OF CHANGES39
2RESEARCH METHODOLOGY41
2.1RESEARCH DATA41
FIGURE 1AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: RESEARCH DESIGN41
2.1.1SECONDARY DATA42
2.1.1.1List of major secondary sources42
2.1.1.2Key data from secondary sources42
2.1.2PRIMARY DATA43
2.1.2.1Primary interviews with experts43
2.1.2.2Breakdown of primaries43
2.1.2.3Key data from primary sources44
2.1.3SECONDARY AND PRIMARY RESEARCH45
2.1.3.1Key industry insights46
2.2MARKET SIZE ESTIMATION46
2.2.1BOTTOM-UP APPROACH47
2.2.1.1Approach for arriving at market size using bottom-up approach47
FIGURE 2MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH47
2.2.2TOP-DOWN APPROACH48
2.2.2.1Approach for arriving at market size using bottom-up approach48
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH48
FIGURE 4MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE FROM PRODUCTS/SOLUTIONS/SERVICES OF AGV MARKET49
2.3MARKET BREAKDOWN AND DATA TRIANGULATION50
FIGURE 5MARKET BREAKDOWN AND DATA TRIANGULATION50
2.4RESEARCH ASSUMPTIONS51
FIGURE 6ASSUMPTIONS FOR RESEARCH STUDY51
2.5LIMITATIONS51
 
2.6RISK ASSESSMENT52
FIGURE 7RISK ASSESSMENT52
3EXECUTIVE SUMMARY53
FIGURE 8COVID-19 IMPACT ANALYSIS ON AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET53
3.1REALISTIC SCENARIO54
TABLE 1AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, POST-COVID-19 REALISTIC SCENARIO, 2022–202754
3.2PESSIMISTIC SCENARIO54
TABLE 2AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, POST-COVID-19 PESSIMISTIC SCENARIO, 2022–202754
3.3OPTIMISTIC SCENARIO55
TABLE 3AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, POST-COVID-19 OPTIMISTIC SCENARIO, 2022–202755
FIGURE 9ASRS EXPECTED TO ACCOUNT FOR LARGEST MARKET SHARE IN 202255
FIGURE 10UNIT LOAD MATERIAL HANDLING SYSTEMS EXPECTED TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD56
FIGURE 11AUTOMOTIVE INDUSTRY HELD LARGEST MARKET SIZE IN 202156
FIGURE 12AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET TO WITNESS HIGHEST GROWTH IN ASIA PACIFIC DURING FORECAST PERIOD57
4PREMIUM INSIGHTS58
4.1ATTRACTIVE GROWTH OPPORTUNITIES IN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET58
FIGURE 13INCREASING POPULARITY AMONG LEADING INDUSTRIES IS DRIVING DEMAND FOR AUTOMATED MATERIAL HANDLING EQUIPMENT58
4.2AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY PRODUCT59
FIGURE 14ASRS TO DOMINATE THE AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET BY CONTRIBUTING LARGEST MARKET SHARE59
4.3AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR ASRS, BY TYPE59
FIGURE 15UNIT LOAD ASRS ACCOUNTED FOR LARGEST SHARE OF ASRS MARKET IN 202159
4.4AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRY60
FIGURE 16AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET DURING FORECAST PERIOD60
4.5AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY REGION60
FIGURE 17CANADA TO EXHIBIT HIGHEST GROWTH RATE DURING FORECAST PERIOD60
5MARKET OVERVIEW61
5.1INTRODUCTION61
5.2MARKET DYNAMICS61
FIGURE 18AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES61
 
5.2.1DRIVERS62
5.2.1.1Surge in demand for automated storage and retrieval systems in e-commerce industry due to COVID-1962
5.2.1.2Rising number of startups offering robotic solutions for warehouse automation62
5.2.1.3Increasing demand for automated material handling equipment across industries62
FIGURE 19GLOBAL AUTOMOTIVE SALES, 2016–2020 (USD MILLION)63
5.2.1.4High labor costs and safety concerns63
FIGURE 20AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IMPACT ANALYSIS OF DRIVERS64
5.2.2RESTRAINTS64
5.2.2.1High upfront cost of AMH equipment for SMEs64
5.2.2.2High integration and switching costs64
5.2.2.3Unavailability of technical expertise and skilled workforce to handle system operations due to COVID-1965
FIGURE 21RESTRAINTS OF AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET AND THEIR IMPACT65
5.2.3OPPORTUNITIES66
5.2.3.1Increasing level of order customization and personalization66
5.2.3.2Digitization of supply chain processes with integration of IoT and AMH equipment66
5.2.3.3Industrial growth in emerging economies66
5.2.3.4Presence of huge intralogistics sector in Southeast Asia66
FIGURE 22OPPORTUNITIES FOR AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET AND THEIR IMPACT67
5.2.4CHALLENGES67
5.2.4.1Production and revenue losses due to unwanted equipment downtime67
5.2.4.2Technical challenges related to sensing elements68
FIGURE 23CHALLENGES FOR AUTOMATED MATERIAL HANDLING SYSTEM MARKET
AND THEIR IMPACT68
5.3VALUE CHAIN ANALYSIS69
FIGURE 24VALUE CHAIN ANALYSIS: AUTOMATED MATERIAL HANDLING
EQUIPMENT MARKET69
5.4ECOSYSTEM71
FIGURE 25AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: ECOSYSTEM71
TABLE 4AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: ECOSYSTEM72
5.5TRENDS/DISRUPTIONS IMPACTING CUSTOMERS73
FIGURE 26REVENUE SHIFT FOR AUTOMATED MATERIAL HANDLING EQUIPMENT73
5.6PORTER’S FIVE FORCES ANALYSIS73
TABLE 5AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS73
5.7CASE STUDIES ANALYSIS75
TABLE 6ASSESSMENT OF FEINTOOL SYSTEM PARTS OBERTSHAUSEN75
TABLE 7ASSESSMENT OF REITAN DISTRIBUTION75
TABLE 8ASSESSMENT OF RM RESOURCES75
TABLE 9MARKET ASSESSMENT FOR LARGE AGV FLEET76
TABLE 10MARKET ASSESSMENT FOR CUSTOM-ENGINEERED AUTOMATED GUIDED VEHICLES76
5.8TECHNOLOGY ANALYSIS76
5.8.1WEARABLE TECHNOLOGY76
5.8.2PREDICTIVE ANALYTICS77
5.8.3MACHINE LEARNING PLATFORMS77
5.8.4DIGITAL TWIN MODEL BUILDERS77
5.8.5VOICE RECOGNITION TECHNOLOGY77
5.8.65G77
5.8.7IOT78
5.9PRICING ANALYSIS78
5.9.1AVERAGE SELLING PRICES OF COLLABORATIVE ROBOTS, BY PAYLOAD78
FIGURE 27AVERAGE SELLING PRICE OF COLLABORATIVE ROBOTS BASED ON PAYLOAD78
TABLE 11APPROXIMATE AVERAGE SELLING PRICES OF COLLABORATIVE ROBOTS BASED ON PAYLOAD79
5.9.2AVERAGE SELLING PRICE TREND79
TABLE 12AVERAGE SELLING PRICE OF AGVS79
TABLE 13AVERAGE SELLING PRICE OF ASRS80
TABLE 14AVERAGE SELLING PRICE OF ROBOTS80
TABLE 15AVERAGE SELLING PRICE OF SORTATION SYSTEMS81
TABLE 16AVERAGE SELLING PRICE OF CONVEYOR SYSTEMS81
TABLE 17AVERAGE SELLING PRICE OF CRANES81
TABLE 18PRICING OF WAREHOUSE MANAGEMENT SYSTEMS82
5.10TRADE ANALYSIS83
5.10.1IMPORT SCENARIO83
FIGURE 28IMPORTS, BY KEY COUNTRY, 2016–2020 (USD MILLION)83
5.10.2EXPORT SCENARIO83
FIGURE 29EXPORTS, BY KEY COUNTRY, 2016–2020 (USD MILLION)83
5.11KEY CONFERENCES & EVENTS IN 2022-202384
TABLE 19AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: DETAILED LIST OF CONFERENCES & EVENTS84
5.12PATENT ANALYSIS85
FIGURE 30TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS85
TABLE 20TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS85
FIGURE 31NUMBER OF PATENTS GRANTED PER YEAR FROM 2012 TO 202186
TABLE 21LIST OF FEW PATENTS IN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET86
5.13REGULATORY LANDSCAPE88
5.13.1REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS88
TABLE 22NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS88
TABLE 23EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS89
TABLE 24ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS89
TABLE 25REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS90
5.13.2STANDARDS AND REGULATIONS RELATED TO MARKET90
5.13.3SAFETY STANDARDS FOR ASRS91
TABLE 26SAFETY STANDARDS FOR ASRS91
5.13.4SAFETY STANDARDS FOR AGVS92
TABLE 27SAFETY STANDARDS FOR AGVS92
5.14KEY STAKEHOLDERS & BUYING CRITERIA93
5.14.1KEY STAKEHOLDERS IN BUYING PROCESS93
FIGURE 32INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 INDUSTRIES93
TABLE 28INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3
INDUSTRIES (%)93
5.14.2BUYING CRITERIA94
FIGURE 33KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES94
TABLE 29KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES94
6EMERGING TECHNOLOGIES AND APPLICATIONS OF AUTOMATED MATERIAL HANDLING EQUIPMENT95
6.1INTRODUCTION95
6.2OFFERINGS OF AUTOMATED MATERIAL HANDLING EQUIPMENT95
FIGURE 34OFFERINGS IN AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET95
6.3HARDWARE95
6.4SOFTWARE96
FIGURE 35WES INTEGRATES KEY FUNCTIONALITIES OF WMS AND WES96
6.5SERVICES97
6.5.1MAINTENANCE & REPAIR97
6.5.2TRAINING97
6.5.3SOFTWARE UPGRADES97
6.6EMERGING APPLICATIONS OF ASRS98
6.6.1HOSPITALS98
6.6.2ACADEMIC INSTITUTIONS98
6.7EMERGING APPLICATION OF AGVS98
6.7.1HOSPITALS98
6.7.2THEME PARKS98
 
6.8EMERGING TECHNOLOGIES USED IN AGVS99
6.8.1LIDAR SENSORS99
6.8.2CAMERA VISION99
6.8.3DUAL MODE AGVS99
7OUTDOOR MATERIAL HANDLING EQUIPMENT100
7.1INTRODUCTION100
7.2FORKLIFT100
7.3AGV100
7.3.1TOW VEHICLES101
7.3.2UNIT LOAD CARRIERS101
8AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY PRODUCT102
8.1INTRODUCTION103
FIGURE 36AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY PRODUCT103
FIGURE 37ASRS SEGMENT TO HOLD LARGEST SHARE OF MARKET DURING FORECAST PERIOD103
TABLE 30AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY PRODUCT, 2018–2021 (USD MILLION)104
TABLE 31AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY PRODUCT, 2022–2027 (USD MILLION)104
8.2ROBOTS105
TABLE 32ROBOTS MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)105
TABLE 33ROBOTS MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)106
TABLE 34ROBOTS MARKET, BY REGION, 2018–2021 (USD MILLION)106
TABLE 35ROBOTS MARKET, BY REGION, 2022–2027 (USD MILLION)106
8.2.1TRADITIONAL ROBOTS107
8.2.1.1Articulated robots107
8.2.1.1.1Articulated robots used for welding applications in automotive industry107
FIGURE 38ILLUSTRATION OF A 6-AXIS ARTICULATED ROBOT107
TABLE 36ADVANTAGES, DISADVANTAGES, AND APPLICATIONS OF ARTICULATED ROBOTS108
8.2.1.2Cylindrical robots108
8.2.1.2.1Cylindrical robots offer high accuracy in industrial operations108
8.2.1.3SCARA108
8.2.1.3.1SCARA robots are standard for pick and place operations108
FIGURE 39ILLUSTRATION OF A 4-AXIS SCARA ROBOT109
TABLE 37ADVANTAGES, DISADVANTAGES, AND APPLICATIONS OF SCARA ROBOTS109
8.2.1.4Parallel robots109
8.2.1.4.1Parallel robots offer high precision in material handling109
FIGURE 40ILLUSTRATION OF A PARALLEL ROBOT110
TABLE 38PARALLEL ROBOTS: SUMMARY TABLE110
8.2.1.5Cartesian robots110
8.2.1.5.1Cartesian robots are ideal for carrying objects over large distances110
FIGURE 41ILLUSTRATION OF A CARTESIAN ROBOT111
TABLE 39ADVANTAGES, DISADVANTAGES, AND APPLICATIONS OF CARTESIAN ROBOTS111
8.2.2COLLABORATIVE ROBOTS112
8.2.2.1Collaborative robots reduce time and labor costs for pickers112
8.2.3AUTONOMOUS MOBILE ROBOTS112
8.2.3.1AMRs offer greater flexibility in terms of navigation112
TABLE 40ROBOTS MARKET, BY TYPE, 2018–2021 (USD MILLION)112
TABLE 41ROBOTS MARKET, BY TYPE, 2022–2027 (USD MILLION)112
8.3AUTOMATED STORAGE AND RETRIEVAL SYSTEM113
TABLE 42ASRS MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)113
TABLE 43ASRS MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)114
TABLE 44ASRS MARKET, BY REGION, 2018–2021 (USD MILLION)114
TABLE 45ASRS MARKET, BY REGION, 2022–2027 (USD MILLION)114
8.3.1UNIT-LOAD115
8.3.1.1Unit-load ASRS market to fuel automated material handling equipment market115
8.3.2MINILOAD115
8.3.2.1Demand from healthcare to drive the segment115
8.3.3VERTICAL LIFT MODULE (VLM)116
8.3.3.1VLM used in industries due to better accuracy and precision116
8.3.4CAROUSEL116
8.3.4.1Vertical carousel116
8.3.4.1.1Optimized floor space offered by vertical carousels drives demand116
8.3.4.2Horizontal carousel117
8.3.4.2.1Fast ROI encourages implementation of horizontal carousels117
8.3.5MID-LOAD117
8.3.5.1Mid-load ASRS can meet requirements of both miniload and unit-load ASRS117
FIGURE 42UNIT LOAD SEGMENT TO ACCOUNT FOR LARGEST SIZE OF ASRS MARKET DURING FORECAST PERIOD117
TABLE 46ASRS MARKET, BY TYPE, 2018–2021 (USD MILLION)118
TABLE 47ASRS MARKET, BY TYPE, 2022–2027 (USD MILLION)118
8.4CONVEYOR & SORTATION SYSTEMS118
8.4.1BELT CONVEYER119
8.4.1.1Belt conveyors are most widely used type of conveyors across industries119
8.4.2ROLLER CONVEYER119
8.4.2.1Roller conveyors are most suitable for packaging applications119
 
8.4.3OVERHEAD CONVEYER119
8.4.3.1Automotive, metals & heavy machinery, and aviation are major end users of overhead conveyors119
8.4.4SCREW CONVEYER119
8.4.4.1Screw conveyors are used in food & beverages and chemical industries119
TABLE 48CONVEYORS AND SORTATION SYSTEMS MARKET, BY INDUSTRY,
2018–2021 (USD MILLION)120
TABLE 49CONVEYORS AND SORTATION SYSTEMS MARKET, BY INDUSTRY,
2022–2027 (USD MILLION)120
TABLE 50CONVEYORS AND SORTATION SYSTEMS MARKET, BY REGION,
2018–2021 (USD MILLION)121
TABLE 51CONVEYORS AND SORTATION SYSTEMS MARKET, BY REGION,
2022–2027 (USD MILLION)121
8.5CRANES121
8.5.1JIB CRANES122
8.5.1.1Jib cranes have wide applications in manufacturing industries122
8.5.2BRIDGE CRANES122
8.5.2.1Metals & heavy machinery industry is a substantial end user of bridge cranes122
8.5.3GANTRY CRANES122
8.5.3.1Gantry cranes are ideal for heavy transportation applications122
8.5.4STACKER CRANES122
8.5.4.1Stacker cranes have wide applications in food & beverages industries122
FIGURE 43AUTOMOTIVE INDUSTRY TO HOLD LARGEST SIZE OF CRANES MARKET DURING FORECAST PERIOD123
TABLE 52CRANES MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)123
TABLE 53CRANES MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)124
TABLE 54CRANES MARKETS, BY REGION, 2018–2021 (USD MILLION)124
TABLE 55CRANES MARKET, BY REGION, 2022–2027 (USD MILLION)124
8.6AUTOMATED GUIDED VEHICLE (AGV)125
TABLE 56AGV MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)125
TABLE 57AGV MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)126
TABLE 58AGV MARKET, BY REGION, 2018–2021 (USD MILLION)126
TABLE 59AGV MARKET, BY REGION, 2022–2027 (USD MILLION)126
8.6.1AGV MARKET, BY TYPE127
8.6.1.1Tow vehicles127
8.6.1.1.1Tow vehicles can carry limited variety of loads and have simple guide path127
8.6.1.2Unit load carriers127
8.6.1.2.1Automotive industry to be largest contributor to demand for unit load carriers127
8.6.1.3Pallet trucks128
8.6.1.3.1Pallet trucks are ideal for ground-level operations128
8.6.1.4Assembly line vehicles128
8.6.1.4.1Assembly line vehicles are used to carry out serial assembly operations128
8.6.1.5Forklift trucks128
8.6.1.5.1Forklift trucks are used for floor-to-floor and floor-to-racking operations128
8.6.1.6Others128
TABLE 60AGV MARKET, BY TYPE, 2018–2021 (USD MILLION)129
TABLE 61AGV MARKET, BY TYPE, 2022–2027 (USD MILLION)129
TABLE 62LIST OF MAJOR AGV VENDORS130
8.6.2AGV MARKET, BY NAVIGATION TECHNOLOGY130
FIGURE 44NAVIGATION TECHNOLOGIES USED IN AGVS130
8.6.2.1Laser guidance131
8.6.2.1.1Laser guidance technology is most accurate and flexible131
8.6.2.2Magnetic guidance131
8.6.2.2.1Magnetic guidance AGVs offer safest and most reliable operations131
8.6.2.3Inductive guidance131
8.6.2.3.1Inductive guidance AGVs work in toughest industrial setups131
8.6.2.4Optical tape guidance132
8.6.2.4.1Optical tape guidance easy and convenient solution for AGVs132
8.6.2.5Vision guidance132
8.6.2.5.1Vision guided vehicles provide reliability in dynamic environments and maneuverability in complex spaces132
8.6.2.6Others132
TABLE 63AGV MARKET, BY NAVIGATION TECHNOLOGY, 2018–2021 (USD MILLION)133
TABLE 64AGV MARKET, BY NAVIGATION TECHNOLOGY, 2022–2027 (USD MILLION)133
8.7WAREHOUSE MANAGEMENT SYSTEM134
TABLE 65WMS MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)134
TABLE 66WMS MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)134
TABLE 67WMS MARKET, BY REGION, 2018–2021 (USD MILLION)135
TABLE 68WMS MARKET, BY REGION, 2022–2027 (USD MILLION)135
8.7.1WMS MARKET, BY DEPLOYMENT TYPE136
8.7.1.1On-premises136
8.7.1.1.1On-premises deployment to dominate overall WMS market during forecast period136
8.7.1.2Cloud136
8.7.1.2.1Cloud deployment to grow at a higher rate during forecast period136
FIGURE 45ON-PREMISES DEPLOYMENT TO HOLD LARGER SIZE OF WMS MARKET DURING FORECAST PERIOD137
TABLE 69WMS MARKET, BY DEPLOYMENT TYPE, 2018–2021 (USD MILLION)137
TABLE 70WMS MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)137
9AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY SYSTEM TYPE138
9.1INTRODUCTION139
FIGURE 46UNIT LOAD MATERIAL HANDLING SYSTEMS SEGMENT TO HOLD LARGER SIZE OF AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET DURING FORECAST PERIOD139
TABLE 71AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY SYSTEM TYPE, 2018–2021 (USD MILLION)139
TABLE 72AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY SYSTEM TYPE, 2022–2027 (USD MILLION)139
9.2UNIT LOAD MATERIAL HANDLING SYSTEMS140
9.2.1ADVANTAGES OF UNIT LOAD MATERIAL HANDLING SYSTEMS140
9.2.2DISADVANTAGES OF UNIT LOAD MATERIAL HANDLING SYSTEMS140
9.3BULK LOAD MATERIAL HANDLING SYSTEMS141
9.3.1ADVANTAGES OF BULK LOAD MATERIAL HANDLING SYSTEMS141
9.3.2DISADVANTAGES OF BULK LOAD MATERIAL HANDLING SYSTEMS141
10AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRY142
10.1INTRODUCTION143
FIGURE 47AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRY143
FIGURE 48AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF MARKET FROM
2022 TO 2027143
TABLE 73AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)144
TABLE 74AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)144
10.2AUTOMOTIVE145
10.2.1AUTOMOTIVE INDUSTRY USES AMHE FOR EFFECTIVE AND EFFICIENT INVENTORY MANAGEMENT145
TABLE 75AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR AUTOMOTIVE, BY PRODUCT, 2018–2021 (USD MILLION)146
TABLE 76AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR AUTOMOTIVE, BY PRODUCT, 2022–2027 (USD MILLION)146
10.3CHEMICALS147
10.3.1DEMAND FOR AMHE TO BE FUELED BY DIGITALIZATION IN CHEMICAL INDUSTRY147
TABLE 77AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR CHEMICALS,
BY PRODUCT, 2018–2021 (USD MILLION)147
TABLE 78AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR CHEMICALS,
BY PRODUCT, 2022–2027 (USD MILLION)148
10.4AVIATION148
10.4.1AMHE FACILITATE SYSTEMATIC MANUFACTURING AND ASSEMBLY OPERATIONS IN AVIATION INDUSTRY148
TABLE 79AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR AVIATION,
BY PRODUCT, 2018–2021 (USD MILLION)149
TABLE 80AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR AVIATION,
BY PRODUCT, 2022–2027 (USD MILLION)149
10.5SEMICONDUCTOR & ELECTRONICS150
10.5.1DEMAND FOR AMHE DRIVEN BY NEED FOR ACCURACY IN ELECTRONICS MANUFACTURING150
TABLE 81AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY PRODUCT,
2018–2021 (USD MILLION)150
TABLE 82AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY PRODUCT,
2022–2027 (USD MILLION)151
10.6E-COMMERCE151
10.6.1AMHE ENABLE EFFORTLESS WAREHOUSING OPERATIONS151
TABLE 83AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR E-COMMERCE, BY PRODUCT, 2018–2021 (USD MILLION)152
TABLE 84AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR E-COMMERCE, BY PRODUCT, 2022–2027 (USD MILLION)152
10.7FOOD & BEVERAGES153
10.7.1AMHE IMPROVE TRANSPARENCY AND TRACEABILITY OF PACKAGED FOOD IN F&B INDUSTRY153
FIGURE 49WMS TO GROW AT HIGHEST CAGR FOR FOOD & BEVERAGES INDUSTRY DURING FORECAST PERIOD153
TABLE 85AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR FOOD & BEVERAGES, BY PRODUCT, 2018–2021 (USD MILLION)154
TABLE 86AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR FOOD & BEVERAGES, BY PRODUCT, 2022–2027 (USD MILLION)154
10.8HEALTHCARE155
10.8.1AMHE USED IN MANUFACTURING, PACKAGING, AND ASSEMBLING PHASES IN HEALTHCARE INDUSTRY155
TABLE 87AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR HEALTHCARE, BY PRODUCT, 2018–2021 (USD MILLION)155
TABLE 88AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR HEALTHCARE, BY PRODUCT, 2022–2027 (USD MILLION)156
FIGURE 50PHARMACEUTICALS TO HOLD LARGER SHARE OF AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR HEALTHCARE INDUSTRY DURING FORECAST PERIOD156
TABLE 89AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR HEALTHCARE, BY INDUSTRY TYPE, 2018–2021 (USD MILLION)156
TABLE 90AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR HEALTHCARE, BY INDUSTRY TYPE, 2022–2027 (USD MILLION)157
10.8.2PHARMACEUTICALS157
10.8.3MEDICAL DEVICES157
10.9METALS & HEAVY MACHINERY158
10.9.1AMHE ENABLE EFFICIENT INTRALOGISTICS MOVEMENT OF HEAVY GOODS158
FIGURE 51ASRS TO HOLD LARGEST SHARE OF AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR METALS & HEAVY MACHINERY DURING FORECAST PERIOD158
TABLE 91AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR METALS & HEAVY MACHINERY, BY PRODUCT, 2018–2021 (USD MILLION)159
TABLE 92AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR METALS & HEAVY MACHINERY, BY PRODUCT, 2022–2027 (USD MILLION)159
10.10THIRD-PARTY LOGISTICS (3PL)160
10.10.1INCREASED ONLINE RETAILING ACTIVITIES AUGMENT AMHE DEMAND160
TABLE 93AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR 3PL,
BY PRODUCT, 2018–2021 (USD MILLION)160
TABLE 94AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR 3PL,
BY PRODUCT, 2022–2027 (USD MILLION)160
10.11OTHERS161
TABLE 95AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY PRODUCT, 2018–2021 (USD MILLION)161
TABLE 96AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY PRODUCT, 2022–2027 (USD MILLION)162
11GEOGRAPHIC ANALYSIS163
11.1INTRODUCTION164
FIGURE 52CANADA TO GROW AT SIGNIFICANT CAGR FROM 2022 TO 2027164
TABLE 97AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY REGION,
2018–2021 (USD MILLION)164
TABLE 98AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY REGION,
2022–2027 (USD MILLION)165
11.2NORTH AMERICA165
FIGURE 53NORTH AMERICA: AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SNAPSHOT166
11.2.1US167
11.2.1.1E-commerce industry to lead US automated material handling market167
11.2.2CANADA167
11.2.2.1Market in Canada to be fueled by automotive industry167
11.2.3MEXICO167
11.2.3.1Manufacturing Industry fuels Mexico's automated material handling equipment market167
TABLE 99AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION)168
TABLE 100AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION)168
TABLE 101AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN NORTH AMERICA, BY PRODUCT, 2018–2021 (USD MILLION)168
TABLE 102AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN NORTH AMERICA, BY PRODUCT, 2022–2027 (USD MILLION)169
TABLE 103AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN NORTH AMERICA, BY INDUSTRY, 2018–2021 (USD MILLION)169
TABLE 104AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN NORTH AMERICA, BY INDUSTRY, 2022–2027 (USD MILLION)170
 
11.3EUROPE170
FIGURE 54EUROPE: AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SNAPSHOT171
11.3.1GERMANY171
11.3.1.1Automotive industry to significantly support growth of market in Germany171
11.3.2UK172
11.3.2.1Growing adoption of automation solutions in warehouses to support market growth in the UK172
11.3.3FRANCE172
11.3.3.1Growing French e-commerce industry to aid market growth172
11.3.4REST OF EUROPE172
TABLE 105AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN EUROPE,
BY COUNTRY, 2018–2021 (USD MILLION)173
TABLE 106AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN EUROPE,
BY COUNTRY, 2022–2027 (USD MILLION)173
TABLE 107AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN EUROPE,
BY PRODUCT, 2018–2021 (USD MILLION)174
TABLE 108AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN EUROPE,
BY PRODUCT, 2022–2027 (USD MILLION)174
TABLE 109AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN EUROPE,
BY INDUSTRY, 2018–2021 (USD MILLION)175
TABLE 110AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN EUROPE,
BY INDUSTRY, 2022–2027 (USD MILLION)175
11.4ASIA PACIFIC176
FIGURE 55ASIA PACIFIC: AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET SNAPSHOT177
11.4.1CHINA177
11.4.1.1China to hold largest share in Asia Pacific market177
11.4.2JAPAN178
11.4.2.1Growing Japanese e-commerce industry to support market growth178
11.4.3AUSTRALIA178
11.4.3.1Australian manufacturing industry to fuel market growth178
11.4.4INDIA179
11.4.4.1Manufacturing Industries to contribute automated material handling equipment growth in India179
11.4.5MALAYSIA179
11.4.5.1E-commerce industry drives automated material handling equipment growth in Malaysia179
11.4.6TAIWAN180
11.4.6.1Semiconductor industry to largely support market growth in Taiwan180
11.4.7INDONESIA180
11.4.7.1Indonesia emerges as industrial hub for Asia180
11.4.8SOUTH KOREA180
11.4.8.1Semiconductor Industry to fuel automated material handling market growth in South Korea180
 
11.4.9REST OF ASIA PACIFIC181
TABLE 111AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN ASIA PACIFIC,
BY COUNTRY, 2018–2021 (USD MILLION)181
TABLE 112AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN ASIA PACIFIC,
BY COUNTRY, 2022–2027 (USD MILLION)181
TABLE 113AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN ASIA PACIFIC,
BY PRODUCT, 2018–2021 (USD MILLION)182
TABLE 114AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN ASIA PACIFIC,
BY PRODUCT, 2022–2027 (USD MILLION)182
TABLE 115AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN ASIA PACIFIC,
BY INDUSTRY, 2018–2021 (USD MILLION)183
TABLE 116AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN ASIA PACIFIC,
BY INDUSTRY, 2022–2027 (USD MILLION)183
11.5REST OF THE WORLD184
TABLE 117AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN REST OF THE WORLD, BY COUNTRY, 2018–2021 (USD MILLION)184
TABLE 118AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN REST OF THE WORLD, BY COUNTRY, 2022–2027 (USD MILLION)184
TABLE 119AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN REST OF THE WORLD, BY PRODUCT, 2018–2021 (USD MILLION)185
TABLE 120AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN REST OF THE WORLD, BY PRODUCT, 2022–2027 (USD MILLION)185
TABLE 121AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN REST OF THE WORLD, BY INDUSTRY, 2018–2021 (USD MILLION)186
TABLE 122AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN REST OF THE WORLD, BY INDUSTRY, 2022–2027 (USD MILLION)186
11.5.1SOUTH AMERICA187
11.5.1.1Brazil is the significant contributor to market growth in South America187
11.5.2MIDDLE EAST187
TABLE 123AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN MIDDLE EAST,
BY COUNTRY, 2018–2021 (USD MILLION)187
TABLE 124AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET IN MIDDLE EAST,
BY COUNTRY, 2022–2027 (USD MILLION)187
11.5.2.1UAE188
11.5.2.1.1Healthcare sector in the country to embrace market growth188
11.5.2.2Saudi Arabia188
11.5.2.2.1Growing investments in e-commerce sector to propel market growth in the country188
11.5.2.3Rest of Middle East188
11.5.3AFRICA188
11.5.3.1Increasing adoption of warehouse automation solutions in the region to fuel market growth188
 
12COMPETITIVE LANDSCAPE189
12.1OVERVIEW189
12.2KEY PLAYER STRATEGIES/RIGHT TO WIN189
TABLE 125OVERVIEW OF STRATEGIES ADOPTED BY AUTOMATED MATERIAL HANDLING EQUIPMENT VENDORS189
12.3REVENUE ANALYSIS OF TOP COMPANIES190
FIGURE 565-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN AGV MARKET190
FIGURE 575-YEAR REVENUE ANALYSIS OF TOP 3 PLAYERS IN WMS MARKET191
12.4MARKET SHARE ANALYSIS, 2021191
TABLE 126AGV MARKET: MARKET SHARE ANALYSIS (2021)191
TABLE 127WAREHOUSE MANAGEMENT SYSTEM MARKET: MARKET SHARE ANALYSIS (2021)193
12.5COMPETITIVE EVALUATION QUADRANT193
12.5.1STAR193
12.5.2EMERGING LEADER193
12.5.3PERVASIVE194
12.5.4PARTICIPANT194
FIGURE 58AGV MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2021194
FIGURE 59WAREHOUSE MANAGEMENT SYSTEM MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2021195
12.6SMALL AND MEDIUM ENTERPRISES (SME) EVALUATION QUADRANT, 2021196
12.6.1PROGRESSIVE196
12.6.2RESPONSIVE196
12.6.3DYNAMIC196
12.6.4STARTING BLOCK196
FIGURE 60AGV MARKET (GLOBAL) SME EVALUATION QUADRANT, 2021197
FIGURE 61WAREHOUSE MANAGEMENT SYSTEM MARKET (GLOBAL), SME EVALUATION QUADRANT, 2021198
12.7COMPANY FOOTPRINT199
TABLE 128COMPANY FOOTPRINT199
TABLE 129COMPANY PRODUCT FOOTPRINT200
TABLE 130COMPANY INDUSTRY FOOTPRINT201
TABLE 131COMPANY REGION FOOTPRINT202
12.8AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: SME MATRIX203
TABLE 132AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: DETAILED LIST OF KEYS STARTUP/SMES203
TABLE 133AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES204
12.9COMPETITIVE SCENARIO205
TABLE 134AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: PRODUCT LAUNCHES, 2020−2021205
TABLE 135AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: DEALS, 2019-2021205
TABLE 136AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET: OTHERS,
2020-2021206