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Research details developments in the Global automated material handling equipment market that will hit at a CAGR of 8.0% by 2024

Research details developments in the Global automated material handling equipment market that will hit at a CAGR of 8.0% by 2024

Global Automated Material Handling Equipment Market accounted to USD 29.0 billion in 2016 growing at a CAGR of 8.0% during the forecast period of 2017 to 2024.

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Market Definition: Global Automated Material Handling Equipment Market

Automated materials handling (AMH) refers to any automation that reduces or eliminates the need for humans to check-in, check-out, sort material, or to move totes and bins containing library material.

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The Global Automated Material Handling Equipment Market accounted to USD 29.0 billion in 2016 growing at a CAGR of 8.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Automated Material Handling Equipment Market By Product Type(Robots, Fixed Robots, Automated Storage and Retrieval Systems (ASRS), Automated Conveyors and Sortation Systems, Automated Cranes, Automated Guided Vehicles (AGV)), By system type (Unit Load Material Handling Systems, Bulk Load Material Handling Systems) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Automated Material Handling Equipment Market – Market Segmentation:

On the basis of product type the Automated Material Handling Equipment Market is segmented into

  • Robots
  • Fixed Robots
  • Automated Storage and Retrieval Systems (ASRS)
  • Automated Conveyors and Sortation Systems
  • Automated Cranes
  • Automated Guided Vehicles (AGV)

On the basis of system the Automated Material Handling Equipment Market is segmented into

  • Unit Load Material Handling Systems
  • Bulk Load Material Handling Systems

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Based on geography, the market is segmented into five geographical regions:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

The geographical regions are further segmented into 29 major countries such as U.S.

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Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.

Top Competitors                                                                                                                       

Some of the major players operating in Automated Material Handling Equipment Market are Daifuku Co., Ltd.,Hyster-Yale Material Handling, Inc., Jungheinrich AG,Kion Group AG, Toyota Industries Corporation, Hanwha Corporation, John Bean Technologies (JBT) Corporation,Kuka AG,Beumer Group GmbH & Co. Kg, Fives, Knapp AG, Murata Machinery, Ltd., SSI Schaefer Group, TGW Logistics Group GmbH,Viastore Systems GmbHamong others.

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