Automated Material Handling (AMH) refers to the automated material lifting devices used across industries, in every single step of a product life cycle from production to the delivery to the end consumers. They are used for safe moving, lifting, and storage of materials without human intervention, in manufacturing and distribution departments. These equipment are cost-effective and help the end-users to capably achieve three main goals a manufacturing unit demands – increased safety, flexibility and efficiency, all this while saving an enormous amount of time.
With the intervention of technology, these equipment have significantly evolved, over the past few years, undergoing some notable transformations. Evidently, manufacturers are the driving force for bringing up these transformations. Keeping the three goals in mind, they have developed a range of automated equipment like conveyors, elevators, cranes, track cranes hoist and lift trucks, stacker, bridge cranes and monorails, gantry cranes and lever hoists and so on.
Technological advancement transpired in this industry have increasingly availed efficient and cost-effective solutions leading to the automation of these equipment. These advancements have escorted its market value to an unparalleled level, making these equipment popular and widely adopted.
Acknowledging the kind of traction the market is garnering currently, demonstrating the growth prospects worldwide, Market Research Future (MRFR) has recently published a study report giving out the complete market insight up to 2027. In its analysis, MRFR asserts that the thriving global Automated Material Handling Market, growing further will register a fabulous growth rate during 2017 to 2027.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1029
Major Key Players:
Schaefer Holding International (Germany),
Daifuku Co. Ltd (Japan),
Murata Machinery (Japan),
Vanderlande Industries (U.S.),
BEUMER Group (Germany),
Swisslog AG (Switzerland),
Kardex (Switzerland), Intelligrated (U.S.) among others.
Automated Material Handling Market – Competitive Analysis
The Automated Material Handling market appears fiercely fragmented & competitive due to the competitive landscape formed by the many large and small players along with the new entrants. Agreement & Partnership, Product Launch, Acquisition, and expansion are the strategies of the key players, traced from the recent proceedings.
Substantial investments have been made in the R&D to develop a technology that is entirely on a different level and unrivaled. Manufacturers strive to deliver power-efficient & lightweight cameras capable of producing pristine imagery in a variety of demanding situations.
Globally, Asia-Pacific region dominates the Automated Material Handling market owing to the presence of numerous manufacturing plants in the various countries in the region. Most of the nations in APAC are in their developing phase, hence are open for the foreign investors, therefore, allowing the international players of multiple domains to open the manufacturing unit in these countries.
Furthermore, the Asia-Pacific region is expected to grow significantly in the space of power quality equipment (PQE). Automated Material Handling also facilitates the distribution and production of materials majorly in the e-commerce industry. Thereby, booming eCommerce and PQE industry will provide a great impetus to the growth of the APAC market of the Automated Material Handling.
Europe accounts for the second largest market for the Automated Material Handling, in terms of revenue and market size. Resurging economy coupled with the booming regional industrial sector combined with the augmenting workplaces safety concerns, especially in automotive, food & beverage and metal & heavy industries, will propel the regional market growth.
North America region, on the other hand, accounts for the third largest market for the Automated Material Handling owing to the presence of numerous manufacturing plants primarily in the US. The proliferation and uptake of advanced technology foster the market growth mostly.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/automated-material-handling-market-1029
Industry/ Innovation/ Related News:
May 15, 2018 – Toyota Advanced Logistics North America, Inc. (TALNA), a leading global provider of end-to-end supply chain solutions announced the completion of the acquisition of Peach State Integrated Technologies (USA), a material handling integration and strategic supply chain consulting, and engineering firm. This deal supporting TALNA’s growth strategy will help it offer an expanded network of services and knowledgeable supply chain professionals to its clients.
April 30, 2018 – Cincinnati Incorporated (US), a leading global manufacturer of a wide variety of metal fabrication equipment including Laser Cutting Systems, etc. launched its new machine handling system, namely – Multi Axis Rapid Cincinnati Handling (MARCH) for automated handling of metal fabrication materials. Designed to be used with the manufacturer’s lasers, MARCH is available in standard and high-density configurations that can vary from simple load/unload to expandable towers.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar