Automated Material Handling Market Size , Share , Trends , Analysis and Forecasts To 2022
Global Automated Material Handling market is accounted for $ 26.04 billion in 2015 and is expected to reach $ 45.68 billion by 2022 growing at a CAGR of 8.36 % from 2015 to 2022 . The Automated Material Handling market has been witnessing exponential growth , mainly due to the huge numbers of developments in technological equipments . The factors such as rising command for computerized solutions from various industrial sectors , manual labour cost diminution through advancement in robotics and mounting focus of manufactures towards secured working environments are the factors favoring the AMH market growth . However , accessibility of automated guided vehicles on hire could lesser the demand for new equipment ’ s and high cost of set up are the factors hampering the market growth . Moreover , massive development in E-Commerce sector will remain as a biggest opportunity for the automated material handling market over the forecast period . Emerging R & D expenditure by manufacturers will remain as a major trend for automated material handling market .
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Asia Pacific is anticipated to be a foremost and a fastest growing market for AMH equipment over the forecast period due to growing production facilities and the extension of plants in this region . Furthermore , safety and security concerns are increasingly highlighted by government in AMH market . In Emerging countries the AMH market is anticipated to grow at a highest growth rate due to growing number of funds by manufacturers and suppliers for installing equipment at warehouses .
Some of the key players in this market include SAP , KUKA AG , Legris Industries , Jungheinrich AG , Dematic GmbH & Co . Kg , Beumer , Vanderlande Industries , Daifuku Co ., Ltd , FlexLink AB , Kardex AG , Bastian Solutions , LLC , Oracle , Schaefer Systems , Hyster-Yale Materials Handling , Inc . and Kion Group AG .
Application Covered Metal & Heavy Machinery Automotive Aviation E-Commerce Healthcare Chemical Semiconductor & Electronics Food & Beverages Others
System Type Covered Bulk Load Material Handling System Unit Load Material Handling System