Automated Material Handling Equipment Market Size, Share, Trends, Industry Analysis, and Forecast (2024 – 2030)

Automated Material Handling Equipment Market Size
The global automated material handling equipment market size was valued at $32.40 billion in 2024 and is projected to reach $55.84 billion by 2030, growing at a CAGR of 9.5% during the forecast period.

Automated Material Handling Equipment Market Overview
Automated material handling equipment (AMHE) refers to systems and machinery designed to transport, store, and control materials with minimal human intervention. These systems often include conveyors, automated guided vehicles (AGVs), robotic arms, and automated storage and retrieval systems (AS/RS). AMHE is widely used in various industries, such as manufacturing, warehousing, and distribution, to improve efficiency, accuracy, and safety. By automating the movement and management of materials, these systems reduce labor costs, minimize human error, and optimize workflows, leading to increased productivity and streamlined operations. The integration of advanced technologies such as sensors, AI, and IoT further enhances the capabilities of AMHE, enabling real-time monitoring and data-driven decision-making.

Automated Material Handling Equipment Market Dynamics
• The automated material handling equipment market is expected to witness significant growth in the future due to increasing demand for automation in industries and rising e-commerce industry requiring efficient warehousing and distribution solutions.
• Additionally, advancements in technology, such as AI, IoT, and robotics, improving the functionality of AMHE and the growing emphasis on workplace safety and reduction of labor costs are the prominent factors driving the growth of the automated material handling equipment market.
• However, the high initial investment, integration complexities with existing systems, and limited availability of skilled workforce to operate and maintain a are restraining the market growth.
• On the contrary, the expansion of e-commerce retail logistics solutions and growing adoption of industry 4.0 and smart manufacturing practices are creating opportunities for market growth.
  
By End User, the Automotive Segment held the Larger Market Share, and it would continue on this Path during the Forecast Period
The automotive segment dominated the market share and is expected to maintain its leading position throughout the forecast period. The industry's need for high precision, speed, and efficiency in manufacturing and assembly processes drives the adoption of AMHE. As automotive production lines become more complex with the integration of advanced technologies and increased vehicle customization, the requirement for streamlined material handling solutions becomes critical. Automated systems such as conveyors, AGVs, and robotic arms ensure the seamless movement of parts and components, reducing production time and minimizing errors. Additionally, the industry's focus on improving worker safety and reducing labor costs further propels the demand for automation. The scalability and flexibility of AMHE also allow automotive manufacturers to adapt quickly to changing production demands and market conditions, making these systems an essential component in maintaining competitiveness and meeting consumer expectations.

By Geography, North America Dominates by Being the Largest Market for Automated Material Handling Equipment
North America leads as the primary market for automated material handling equipment during the forecast period due to the strong presence of e-commerce giants and the rapid growth of online retail. Additionally, North America's well-established manufacturing sector, including industries such as automotive, aerospace, and consumer goods, relies heavily on automation to enhance productivity, reduce labor costs, and maintain high precision in operations. The push towards Industry 4.0 and smart factories, where the integration of advanced technologies like AI, IoT, and robotics is paramount, further drives the demand for AMHE. Moreover, the region's focus on improving workplace safety and reducing manual handling injuries encourages the adoption of automated solutions. Government incentives and investments in automation technologies also contribute to the market's growth, making North America a leading region for the deployment and advancement of automated material handling equipment.
• For example, in March 2023, ABB announced the expansion of its manufacturing facility in Auburn Hills, Michigan, which included the increased installation of automated material handling equipment. This expansion is anticipated to generate new job opportunities in the area, further bolstering ABB's contribution to the local economy.

Key Target Audience:
• Manufacturers
• Warehousing and Distribution Centers
• E-Commerce Companies
• Automotive Industry
• Aerospace Industry
• Consumer Goods Producers
• Logistics and Transportation Providers
• Healthcare Facilities
• Retail Sector
• Government and Regulatory Bodies

List of the Key Players Profiled in the Report Includes:
• Daifuku Co., Ltd.
• Hanwha Group
• Honeywell International Inc.
• Hyster-Yale Materials Handling, Inc.
• JBT
• Jungheinrich AG
• KION GROUP AG
• KUKA AG
• Rockwell Automation
• SSI Schaefer
• Toyota Material Handling International

Recent Developments:
• In March 2024, SSI SCHAEFER unveiled LOGIONE, a new software solution tailored for the independent operation of the SSI LOGIMAT Vertical Lift Module. LOGIONE provides a simple and user-friendly system for managing storage locations and articles. Featuring intuitive user interfaces, it supports operators effortlessly, removing the need for extensive training.
• In March 2024, Rockwell Automation, through its subsidiary OTTO Motors, a specialist in autonomous mobile robots (AMRs), announced its venture into autonomous production logistics, a groundbreaking area in manufacturing innovation. By integrating OTTO Motors into its portfolio, Rockwell Automation expanded its material handling capabilities, providing a comprehensive solution to streamline operations across entire facilities.

Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Product: 
• Automated Storage and Retrieval Systems (ASRS)
• Automated Guided Vehicle (AGV)
• Crane
• Conveyor and Sortation Systems
• Robot
• Real Time Location Systems (RLTS)
• Warehouse Management System (WMS)

Market by, System Type:
• Unit Load Material Handling System
• Bulk Load Material Handling System

Market by, End User: 
• Automotive
• Aviation
• Chemical
• E-Commerce
• Food & Beverages
• Healthcare
• Metals & Heavy Machinery
• Semiconductor & Electronics
• Third Party Logistics (3PL)
• Other End Users

Market by, Geography:
The automated material handling equipment market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

The report offers insights into the following aspects:
• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
• Analysis of the market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.

Table Of Content

1 Market Introduction             
    1.1 Market Definition          
    1.2 Research Scope and Segmentation        
    1.3 Stakeholders          
    1.4 List of Abbreviations         
                
2 Executive Summary              
                
3 Research Methodology             
    3.1 Identification of Data         
    3.2 Data Analysis          
    3.3 Verification          
    3.4 Data Sources          
    3.5 Assumptions          
                
4 Market Dynamics              
    4.1 Market Drivers          
    4.2 Market Restraints          
    4.3 Market Opportunities         
    4.4 Market Challenges          
                
5 Porter's Five Force Analysis             
    5.1 Bargaining Power of Suppliers         
    5.2 Bargaining Power of Buyers         
    5.3 Threat of New Entrants         
    5.4 Threat of Substitutes         
    5.5 Competitive Rivalry in the Market        
                
6 Global Automated Material Handling Equipment Market by, Product         
    6.1 Overview          
    6.2 Automated Storage and Retrieval Systems (ASRS)       
             6.2.1 Carousel  
             6.2.2 Mid Load ASRS 
             6.2.3 Mini Load ASRS 
             6.2.4 Shuttle  
             6.2.5 Unit Load ASRS 
             6.2.6 Vertical Lift Module(VLM)
    6.3 Automated Guided Vehicle (AGV)        
             6.3.1 Unit Load carrier 
             6.3.2 Tow Vehicle 
             6.3.3 Pallet Truck 
             6.3.4 Forklift Truck 
             6.3.5 Assembly Line Vehicle
             6.3.6 Other Automated Guided Vehicles
    6.4 Crane           
    6.5 Conveyor and Sortation Systems        
             6.5.1 Screw Conveyor 
             6.5.2 Roller Conveyor 
             6.5.3 Overhead Conveyor 
             6.5.4 Belt Conveyor 
    6.6 Robot           
             6.6.1 Autonomous Mobile robot
             6.6.2 Cobot Palletizer 
             6.6.3 Traditional robot 
    6.7 Real Time Location Systems (RLTS)        
    6.8 Warehouse Management System (WMS)        
             6.8.1 Cloud  
             6.8.2 On Premises 
                
7 Global Automated Material Handling Equipment Market by, System Type        
    7.1 Overview          
    7.2 Unit Load Material Handling System        
    7.3 Bulk Load Material Handling System        
                
8 Global Automated Material Handling Equipment Market by, End User         
    8.1 Overview          
    8.2 Automotive          
    8.3 Aviation           
    8.4 Chemical           
    8.5 E-Commerce          
    8.6 Food & Beverages          
    8.7 Healthcare          
    8.8 Metals & Heavy Machinery         
    8.9 Semiconductor & Electronics         
    8.10 Third Party Logistics (3PL)         
    8.11 Other End Users          
                
9 Global Automated Material Handling Equipment Market by, Geography         
    9.1 Overview          
    9.2 North America          
             9.2.1 US  
             9.2.2 Canada  
             9.2.3 Mexico  
    9.3 Europe           
             9.3.1 Germany  
             9.3.2 France  
             9.3.3 UK  
             9.3.4 Italy  
             9.3.5 Spain  
             9.3.6 Rest of Europe 
    9.4 Asia Pacific          
             9.4.1 China  
             9.4.2 Japan  
             9.4.3 India  
             9.4.4 South Korea 
             9.4.5 Australia  
             9.4.6 New Zealand 
             9.4.7 Rest of Asia Pacific 
    9.5 South America          
             9.5.1 Brazil  
             9.5.2 Argentina 
             9.5.3 Chile  
             9.5.4 Rest of South America
    9.6 Middle East & Africa         
             9.6.1 UAE  
             9.6.2 Saudi Arabia 
             9.6.3 Qatar  
             9.6.4 Iran  
             9.6.5 South Africa 
             9.6.6 Rest of Middle East & Africa
                
10 Key Developments              
                
11 Company Profiling              
    11.1 Daifuku Co., Ltd.          
             11.1.1 Business Overview 
             11.1.2 Product/Service Offering
             11.1.3 Financial Overview 
             11.1.4 SWOT Analysis 
             11.1.5 Key Activities 
    11.2 Hanwha Group          
    11.3 Honeywell International Inc.         
    11.4 Hyster-Yale Materials Handling, Inc.        
    11.5 JBT           
    11.6 Jungheinrich AG          
    11.7 KION GROUP AG          
    11.8 KUKA AG           
    11.9 Rockwell Automation         
    11.10 SSI Schaefer          
    11.11 Toyota Material Handling International