May 14, 2020 (Heraldkeepers) -- New York, May 14, 2020: The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report Addverb Technologies, Avancon SA, Beumer Group GmbH & Co. Kg, Daifuku Co., Ltd, Diversified Conveyors, Inc, Fives, GrenzebachMaschinenbau GmbH, Hanwha Corporation, Honeywell International Inc, Hyster-Yale Material Handling, Inc, Ifuture Robotics Private Ltd, John Bean Technologies Corporation, Jungheinrich AG, Kardex Group, Kion Group AG, Knapp AG, Kuka AG, Materials Handling Systems, Inc, Mecalux, S.A, Murata Machinery, Ltd and SSI Schaefer AG. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Automated Material Handling Equipment Market is expected to exceed more than US$ 50 Billion by 2024 at a CAGR of 8% in the given forecast period.
Continuous rise in demand for automation in industries has revolutionized the adoption of automatic material handling equipment. With the appearance of technologies adore artificial intelligence, wireless technologies, and driverless vehicles, the automatic material handling equipment market has witnessed vital growth over the previous few years.
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The scope of the report includes a detailed study of Automated Material Handling Equipment Market with the reasons given for variations in the growth of the industry in certain regions.
This report provides:
1) An overview of the global market for Automated Material Handling Equipment Marketand related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Automated Material Handling Equipment Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The Automated Material Handling Equipment Market has been segmented as below:
The Automated Material Handling Equipment Market is segmented on the Basis of Machine Type, System Type Function Type, Industry Vertical Type and Regional Analysis.By Machine Type this market is segmented on the basis of Robots, Automated Storage and Retrieval Systems (ASRS), Automated Conveyors and Sortation Systems, Automated Cranes and Automated Guided Vehicles (AGV). By System Type this market is segmented on the basis of Unit Load Material Handling Systems and Bulk Load Material Handling Systems. By Function Type this market is segmented on the basis of Storage, Transportation, Assembly, Packaging, Distribution and Waste Handling. By Industry Vertical Typethis market is segmented on the basis of Automotive, Metals & Heavy Machinery, Food & Beverages, Chemical, Semiconductor and Electronics, Healthcare, Aviation, E-Commerce and Others.By Regional Analysis this market is segmented on the basis of North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The major driving factors of Automated Material Handling Equipment Market are as follows:
Increasing Focus Toward Workers Safety
Reduction in Labour Cost Through Advancement in Robotics
The major restraints factors of Automated Material Handling Equipment Market are as follows:
High Cost of Equipment Followed by Its Maintenance Cost
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Table of Contents
Summary with Insights
Automated Material Handling Equipment Market Analysis, By Machine Type
Automated Material Handling Equipment Market Analysis, By System Type
Automated Material Handling Equipment Market Analysis, By Function
Automated Material Handling Equipment Market Analysis, By Industry Vertical
Automated Material Handling Equipment Market Analysis, By Region
11.1 Daifuku Co., Ltd