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The Automated Material Handling Equipment Market refers to the industry involved in the production, sale, and implementation of machinery and systems designed to automate the movement, storage, and control of materials within a manufacturing or distribution facility. This market encompasses a wide range of equipment and technologies, including conveyors, robots, automated guided vehicles (AGVs), sortation systems, automated storage and retrieval systems (AS/RS), and other related solutions.<br>
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AutomatedMaterialHandlingEquipmentMarketSegment,CompanyProfile,ForecastAutomatedMaterialHandlingEquipmentMarketSegment,CompanyProfile,Forecast TheAutomatedMaterial Handling EquipmentMarketrefersto theindustryinvolvedin the production,sale, and implementation of machineryandsystems designed to automatethe movement,storage,andcontrol ofmaterialswithinamanufacturing ordistributionfacility.This marketencompassesawiderangeofequipmentandtechnologies,includingconveyors,robots, automatedguidedvehicles (AGVs),sortationsystems, automatedstorageand retrievalsystems (AS/RS), andotherrelatedsolutions. GetFreeSampleReport https://www.vertexbusinessinsights.com/request-sample/49/automated-material-handling- equipment-market Automated material handling equipment is used in various industries, including automotive, e- commerce, food and beverage, pharmaceuticals, logistics, and more. The primary goal of these systems is to improve efficiency, increase productivity, reduce labor costs, enhance safety, and optimizeoveralloperationswithina facility. Materialhandling involvesawiderange ofactivities,including movement, protection, storageand control, whichareperformedduringmanufacturing,warehousing, distribution,consumptionand disposalofproductsandmaterials.Itisnowadayscommonly conductedusingautomated material handling equipmenttoreducehumaninterventionand improve logistics management.Italsohelps in forecasting,productionplanning,resource allocation,inventory control,flowand process management, andafter-salessupportandservices.Consequently,severalorganizationsarerelying onautomatedhandlingequipmenttoimprovecustomerservice, reduce inventory,shortendelivery timeandloweroverall handling costs. Rapid industrialization,the emergenceoftheFourthIndustrialRevolution(Industry4.0)andthe widespreadadoptionof theinternet ofthings(IoT),artificialintelligence(AI) andradiofrequency identification(RFID)technologiesareamongthe major factorsspurring the marketgrowth.Apart fromthis,due tothesubstantialriseinthe aerospace,agriculture,automotiveandconstruction industries, leading companiesinthesesectorsareutilizing next-generation automatedmaterial handling equipmenttomodernizemanufacturingprocesses,increaseflexibility inwarehouse operations and enhance transparency in the supply chain. Moreover, key players are emphasizing on mergersandacquisitions(M&A),collaborationsand partnershipswith othercompaniestointroduce innovativeproducts.Furthermore, onaccount ofthecoronavirusdisease(COVID-19) outbreak, implementationofsocialdistancingrulesbygoverning agencies and therisingadoptionof remote workingmodels, theseplayersarealsofocusingon automatinganddigitizingthe supplychains.This, in turn, is expectedtoprovidea positiveimpacton themarketgrowth. MarketAnalysisandSize Automatedmaterialhandling equipmenthavetakenacrucial role innumerous manufacturing industriesthroughouttheglobe.Industries arecontinuouslyemphasizingtheir‘all underone roof’ policywhileenhancing productioncapacity.These materialhandlingequipment areideal for distribution,and storage,wastehandling. GlobalAutomated MaterialHandlingEquipment Marketwas valuedat USD 28.20billion in2021and is expectedtoreachUSD 56.81billionby2030,registering aCAGR of10.09%duringthe forecast
periodof2022-2030.UnitLoadMaterial HandlingSystems isexpectedtowitnesssignificantgrowth inthesystem type segmentsofthe market owing tothesurgein demand forautomatedmaterial handling equipmentinthee-commerceindustry. Inadditiontothe marketinsightssuchasmarket value,growthrate,marketsegments,geographical coverage,marketplayers,andmarketscenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis,import/exportanalysis,pricinganalysis,productionconsumptionanalysis,and pestle analysis. GetCompleteReport https://www.vertexbusinessinsights.com/main_report/49/automated-material-handling- equipment-market AutomatedMaterialHandlingEquipmentMarketsegmentation ByProductType Automatedguidedvehicle Automated storage and retrieval system Automatedcrane Roboticsystem Automaticconveyorandsortationsystem BySystemType Unit load material handling system Bulkloadmaterialhandlingsystem ByComponent Hardware Software Services By Application Assembly Packaging Transportation Distribution Storage WasteHandling ByIndustryVertical Automotive
Chemical,rubber&plastic Aviation Semiconductors & electronics E-commerce Food&Beverages Healthcare Others(energy,metal,andheavymachinery) CompetitiveLandscape: Thereporthasalsoanalysed thecompetitive landscapeofthe market withsomeofthe keyplayers being BEUMER Group GmbH &Co.KG,DaifukuCo. Ltd.,HoneywellInternationalInc.,JBT Corporation,KionGroupAG,KNAPPAG, KUKAAktiengesellschaft(Midea Group Co.Ltd.),Murata MachineryLtd.,TGW LogisticsGroupGmbH,Toyota IndustriesCorporationandViastoreSystems GmbH. ABOUTUS: Withadeepunderstanding oftheindustrylandscape,Vertex Business Insightsisaresearchand advisoryfirmofferinginsightsintoa variety ofindustryverticals,products,andservices.Our teamof highlyexperiencedprofessionals offers aholisticandresearch-driven view of everyindustry vertical, productor service,or industrysector. CONTACTUS sales@vertexbusinessinsights.com Phone: +1210-775-2636(USA) +(91)8530607487