Automated Material Handling Equipment Market size is estimated to be USD 33.99 Billion in 2024 and is expected to reach USD 79.11 Billion by 2033 at a CAGR of 9.9% from 2026 to 2033.
In 2022, the global automated material handling equipment market was valued at approximately USD 35.65 billion and is projected to reach USD 56.34 billion by 2028, reflecting a compound annual growth rate (CAGR) of 9.1% during the forecast period. The Asia Pacific region led the market, accounting for over one third of the global revenue in 2022. This dominance is attributed to rapid industrialization, a booming e commerce sector, and significant investments in automation technologies across countries such as China, Japan, and India. Europe followed as the second largest market, with substantial adoption of automated material handling systems in industries like automotive, electronics, and e commerce. Central and Eastern European countries, including Romania, Slovakia, and Poland, experienced notable growth, with equipment installations increasing by 40% and 25%, respectively.North America also held a significant market share, driven by the presence of advanced manufacturing facilities and a strong emphasis on technological innovation. The United States, in particular, witnessed increased implementation of automated solutions to enhance operational efficiency and meet the growing demands of the e commerce industry. The Middle East and Africa, along with South America, are emerging markets for automated material handling equipment, with growth spurred by expanding industrial sectors and the gradual adoption of automation to improve productivity and reduce labor costs. Overall, the global market is poised for substantial growth, fueled by the increasing need for efficient material handling solutions across various industries worldwide.
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Schaefer
Daifuku
Dematic
Murata Machinery
Vanderlande
Mecalux
Beumer group
Fives group
Swisslog AG
Intelligrated
Knapp
Kardex AG
TGW Logistics
Grenzebach
Witron
Viastore
System Logistics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automated Material Handling Equipment Market
Automated Guided Vehicles (AGVs)
Automated Storage and Retrieval Systems (ASRS)
Conveyors and Sortation Systems
Robotic Systems
Palletizers and Depalletizers
Transportation
Storage
Assembly
Picking
Packaging
Industrial Internet of Things (IIoT)
Artificial Intelligence (AI) and Machine Learning (ML)
Robotics
Computer Vision
Cloud Computing
Automotive
Electronics
Food and Beverage
Pharmaceuticals
Retail and E-commerce
Hardware
Software
Services
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automated Material Handling Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automated Material Handling Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automated Material Handling Equipment Market, By Type
6. Global Automated Material Handling Equipment Market, By Application
7. Global Automated Material Handling Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automated Material Handling Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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