Material Handling Automation Market was valued at USD 28.07 Billion in 2022 and is projected to reach USD 68.42 Billion by 2030, growing at a CAGR of 12.02% from 2024 to 2030.
The Material Handling Automation market has undergone significant transformations from 2018 to 2022, driven by technological advancements, increased demand for efficient supply chains, and the rise of e-commerce. During this period, the focus was on improving operational efficiency, reducing labor costs, and increasing accuracy in warehouses and distribution centers. Robotics, Artificial Intelligence (AI), and the Internet of Things (IoT) were key enablers in automating material handling processes across industries like manufacturing, logistics, and retail. Global players like Amazon, Walmart, and DHL heavily invested in automation technologies, pushing the market to grow exponentially. In fact, the global Material Handling Automation market was valued at $XX billion in 2022 and is projected to reach $XX billion by 2023, with a compound annual growth rate (CAGR) of XX%.
Looking ahead, from 2023 to 2033, the demand for Material Handling Automation is set to soar, driven by the continued adoption of Industry 4.0 technologies and a heightened focus on sustainability. As companies strive to meet growing consumer demands and environmental regulations, there is an increased push toward implementing energy-efficient, eco-friendly solutions. Automation systems, such as Automated Guided Vehicles (AGVs), Autonomous Mobile Robots (AMRs), and smart conveyors, will see a surge in demand. Additionally, industries like healthcare, food and beverage, and pharmaceuticals will experience robust growth, as these sectors seek to optimize their operations and reduce human error. According to recent projections, the market is expected to grow at a CAGR of XX% from 2023 to 2033.
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Daifuku
Ssi Schaefer
Bosch Rexroth
Murata Machinery
Dematic Group
Vanderlande
Fives Group
Swisslog
Siemens
MHS Global
BEUMER Group
Shuttleworth
Honeywell Intelligrated Inc.
Interroll
Buhler Group
Flexlink
Hytrol
Taikisha
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Material Handling Automation Market
Automotive
Food & Beverages
Engineering Machinery
Retail
Others
Based on Types the Market is categorized into Below types that held the largest Material Handling Automation market share In 2023.
Conveyor & Sortation Systems
Automatic Guided Vehicles (AGV)
Robotic Systems
Other
Global (United States, Global 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 Material Handling Automation 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 Material Handling Automation Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Material Handling Automation Market, By Type
6. Global Material Handling Automation Market, By Application
7. Global Material Handling Automation Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Material Handling Automation Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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