Automated Material Handling Equipment Industry to Expand at a CAGR of 8.2% by 2024

According to Goldstein Research, physical distribution or logistics goods from manufacturing plant to customers alone accounts for 25% of the product cost, which is the major factor motivating the adoption of cost-effective and efficient automated material handling equipment to confirm the quick and high productive material handling operations. Moreover, enlarged demand for efficient warehouse and logistics jobs in the e-commerce industry, the e-commerce segment is anticipated to create significant opportunities for the new product and amplified sales of equipments over the forecast period.

Automated material handling equipment market report also includes new business models, product developments and capital investment as the key strategies adopted by the major players for a significant expansion of business in developed and as well as in developing countries across the globe. Global automated material handling equipmentindustry report also recognizes value chain analysis to understand the cost differentiation to provide a competitive advantage to the existing and new entry players.

Market Segmentation

On the basis of our in-depth analysis, global automated material handling equipment market can be segmented as follows:

  • By Product Type
    • Material Handling Equipment
    • Conveyor systems
    • Cranes/Hoists
    • Automatic guided vehicles (AGV)
  • By Applications Type
    • Storage and Retrieval
    • Transportation
    • Assembly
    • Packaging
    • Distribution
  • By Services
    • Software and Hardware (Installation and Up-gradations)
    • Training
    • Support and Maintenance
  • By End Users
    • Marine and Air Ports
    • Manufacturing Sector
    • Transportation and Logistics
    • Construction Industry
    • E-commerce
  • By Geography
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
    • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion) }
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion) }
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}

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Automated Material Handling Equipment Market Analysis

Global Automated Material Handling Equipment Market Outlook 2024contains a detailed overview of the global automated material handling equipment market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product, by application, by services, and by end users.

Further, for the in-depth analysis, Automated material handling equipment industry analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Daifuku Co., Ltd., SSI Schaefer, Hyster-Yale Material Handling, Inc., Jungheinrich AG, KION Group AG, Toyota Industries Corporation, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global automated material handling equipment market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion, market opportunity assessment, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on Industrial automation reports helping various tech-giants, tech start-ups, and entry players to assess the current and upcoming business scenario. We believe in a rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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