Global Automated Material Handling (AMH) Market Overview:
Automated Material Handling (AMH) Market Size was valued at USD 37.7 billion in 2021. The Automated Material Handling (AMH) market industry is projected to grow from USD 40.2 billion in 2022 to USD 87.4 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.2% during the forecast period (2024 - 2032). The rising adoption of cutting-edge automated material handling equipment, the growing need for high-efficiency systems, growing industrialization in emerging economies, perpetual technological advancements, the widespread adoption of AMHS across multiple industries, including automotive, manufacturing, and e-commerce, rising government investments in digital infrastructure, and the growing need to reduce labor costs are the key factors driving the growth of the automated material handling industry.
FIGURE 1: Automated Material Handling (AMH) Market 2018-2032
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Covid-19 Analysis
The COVID-19 epidemic and the stoppage in the operation of numerous industries slowed market growth in 2020. However, after mass immunization in several countries, industry operations have grown. The market has gained momentum in 2022 as global conditions stabilizes and the demand for industrial products rose. The breakout and spread of COVID-19 took industries and businesses off guard, leaving them insufficient time to plan or defend themselves from damages. As a result of the pandemic, the automated material handling equipment market experienced a decline in 2020 compared to the previous year. It resulted in the closure or suspension of manufacturing facilities in the majority of industrial units around the world. The new normal has altered the operations of several businesses, including healthcare, e-commerce, and food and beverage. Global demand for industrial and consumer goods has also risen. As a result, the market is expected to expand in future period.
Automated Material Handling (AMH) Market Trends
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Growing presence of start-up companies providing robotic solutions for warehouse automation
The growing popularity of robotic solutions has positively impacted the demand for automated material handling solutions, especially in the warehousing application. These systems are gaining consumer preference and play a vital role in safety and security, controlling the effective and efficient flow of materials through warehouses and production facilities. The robotic appliances that are a part of the concept of warehouses have a connection established through the Internet and are controlled by connected network devices. The material handling sector is one of the emerging markets for robotics manufacturing companies because of the emerging concept of the Internet of Things (IoT).
The warehouse automation market has been growing consistently over the past few years and comprises a vast range of products. Once the company plan to incorporate products including robotic arms or automated forklifts at their warehouses, they will come across promising technologies related to the in-built connectivity of data. Consumers can integrate the automated systems with the help of wired and wireless technologies. The controllers being produced in the present day have direct operations without the need for any external connections. The demand for similar products is expected to increase in the next few years.
Automated Material Handling (AMH) Market Segment Insights:
Automated Material Handling (AMH) Component Insights
Based on component, the automated material handling market is divided into software and services. The software segment is further classified into warehouse management system (WMS) and transport management system (TMS), while the services segment is further classified into maintenance & repairs and training & software upgradation. Software segment dominate the market. The software solutions used in supply chain management help coordinate, monitor, and direct the processes. A few of the software solutions used for the management of supply chains are the warehouse management system (WMS) and transport management system (TMS). These software systems keep a record and track the course of raw materials, components, and finished goods of the industry.
FIGURE 2: Automated Material Handling (AMH) Market SHARE BY COMPONENT 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Automated Material Handling (AMH) Operation Insights
Automated material handling systems are designed to perform a wide range of operations such as packaging & distribution, storage & transportation, assembly, and waste management. These systems help in transporting the material or products from one place to another in an efficient way. Packaging & Distribution holds the largest market share in 2021. Automated material handling involves the storage, control, and protection of materials and goods. These activities are related to the function of logistics and play an essential part in the overall logistics process. Furthermore, the packaging and distribution of goods is an important factor in logistics. Packaging systems, with the help of the automated material handling, deals with the protection of the goods, movement, distribution, and disposal. The automated material handling ensures the safety of the product undergoing different processes within the warehouse till the delivery.
February 2021: Toyota Industries Corporation announced the launch of a highly versatile small fuel cell (FC) module that packages FC system-related components, such as the FC stack, air compressor, and hydrogen circulation pump, into a single, small unit.
Automated Material Handling (AMH) Equipment Insights
Automated material handling systems has a wide range of equipment and technologies to support the logistics and supply chain of the manufacturing unit. This segment comprises automated guided vehicles, automated cranes, automated storage & retrieval system, robotic system, and conveyors. Automated Guided Vehicles segment holds the largest market share in 2021. The AGVs are designed with precisely controlled acceleration and deceleration functions and automatic obstacle detection bumpers, which benefit the safe movement of goods. These vehicles are applicable in transporting raw materials, ongoing and finished goods, along with the storage/retrieval, packaging, and distribution movements in the manufacturing unit. The AGVs for automated material handling are used across different industries such as food & beverage, chemicals, manufacturing, pharmaceutical, and warehouse and distribution sectors.
Automated Material Handling (AMH) Application Insights
Automated material handling systems have applications in various different industries, including automotive, food & beverage, healthcare, chemicals, aviation, e-commerce, and semiconductor & electronics. The e-commerce segment accounted for the largest market share of 17.7% in 2021. Supply chain logistics is an essential aspect of the e-commerce industry. Additionally, the three steps of pick, pack, and ship are the industry's core functions. The automated material handling software and machinery have benefited the sector to take over picking, packing, manifesting, and labelling tasks. This has also helped in reducing errors, training efforts, and labour costs. The software services have further enabled the manufacturers to track and record the information related to the materials transferred from different warehouses and distribution centres.
February 2021: Daifuku Co. Ltd and Germany-based AFT Industries AG agreed to form a business partnership aimed at leveraging the material handling expertise of both companies in the automotive industry.
Automated Material Handling (AMH) Regional Insights
Based on region, the Automated Material Handling (AMH) market is segmented into North America, Europe, Asia-Pacific and Rest of the world.
Europe accounted for largest market share in 2021. Europe is comprised of countries, such as the UK, Germany, France, Italy, and the Rest of Europe. The rising investments in the Industry 4.0 revolution have created a huge demand for industrial automation technologies.
North America comprises of US, Canada, and Mexico. The growing advancement in technology and continuous innovations to manufacture high-quality products is the key factor influencing the market's growth in North America.
Asia-Pacific comprises China, Japan, India, South Korea, and the Rest of Asia-Pacific. The growing requirement of smart technology, equipment, and labor is expected to boom the automated material handling market in the region. Moreover, the presence of companies such as Kardex Group, KION GROUP AG, JBT Corporation, Jungheinrich AG, and SSI Schaefer AG are continuously advancing the technologies for material handling systems, thereby propelling the growth of the market.
FIGURE 3: Automated Material Handling (AMH) Market SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Automated Material Handling (AMH) Key Market Players & Competitive Insights
The global automated material handling market consists of various international and regional service providers that are continuously evolving to enhance their market position. The automated material handling market has increased its popularity and market growth due to several major factors such as increasing labor cost and safety concerns, rising technological advancements, increasing efficiency and productivity of manufacturing and warehouse operating companies, growing need for automation in industries, increasing demand for robots in manufacturing units and warehousing facilities, and rising emerging markets. However, some large enterprises cut down the upfront cost by renting industrial trucks, purchasing equipment on lease, or buying second-hand equipment. This factor is likely to hamper the sales of new equipment. The automated material handling manufacturers competes based on technology, efficiency, and reliability of products to sustain in the market. Automated material handling manufacturers need to provide products or solutions according to the need of the industry and customers’ needs and advanced technology to maintain their market position and gain a competitive advantage. Vendors in the automated material handling market are focusing on improving their technologies and upgrading products and expanding into emerging economies.
The major players would seek to strengthen their global presence through mergers and acquisitions of local and regional players; they are expected to expand their presence and solutions in those countries during the forecast period. New technologies such as vision automated guided vehicles provide increased throughput, ensure safety, and helps reduce labor costs. The introduction of advanced technologies results in enhanced quality and flexible automated systems, which would strengthen the market in the future is likely to fuel the market growth, making it an ideal time to expand the automated material handling market geographically and increase the market share. Therefore, vendors must develop new technologies to stay with emerging technology trends that could affect the competitiveness of their product lines in the global automated material handling market.
Key Companies in the Automated Material Handling (AMH) market include
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Schaefer Systems International Pvt Ltd
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Daifuku Co. Ltd
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Dematic
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Murata Machinery, Ltd.
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Mecalux, S.A.
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Vanderlande Industries B.V.
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BEUMER Group
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Swisslog AG
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Kardex
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Honeywell Intelligrated
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Toyota Industries Corporation
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KNAPP AG
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Hyster-Yale Materials Handling, Inc.
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TGW Logistics Group
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John Bean Technologies
Automated Material Handling (AMH) Industry Developments
August 2021: Schaefer Systems International Pvt Ltd launched the global 3PL company DSV for the overhead conveying system SSI carrier. The innovative concept of driven accumulation conveyors ensures a very gentle transport of the goods in pouches.
May 2021: Toyota Industries Corporation and Third Wave Automation, Inc. announced a strategic partnership to produce the next generation of intelligent, fully autonomous material handling vehicles.
April 2021: BEUMER Group announced a partnership with the logistic platform of the start-up company, Codept, to simplifies the data interchange between e-commerce and fulfillment service providers.
Automated Material Handling (AMH) Market Segmentation:
Automated Material Handling (AMH) Component Outlook
Automated Material Handling (AMH) Operation Outlook
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Packaging & Distribution
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Storage & Transportation
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Waste Management
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Assembly
Automated Material Handling (AMH) Equipment Outlook
Automated Material Handling (AMH) Application Outlook
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Residential
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Commercial
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Government Agencies
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Hospital
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Academic Institutes
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Assembly
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Others
Automated Material Handling (AMH) Regional Outlook
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Germany
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France
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UK
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Rest of Europe
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China
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Japan
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India
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Rest of Asia-Pacific
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Middle East & Africa
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South America
| Report Attribute/Metric |
Details |
| Market Size 2021 |
USD 37.7 billion |
| Market Size 2022 |
USD 40.2 billion |
| Market Size 2032 |
USD 87.4 billion |
| Compound Annual Growth Rate (CAGR) |
10.2% (2024-2032) |
| Base Year |
2023 |
| Forecast Period |
2024-2032 |
| Historical Data |
2018-2022 |
| Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Component, Operation, Equipment, and Application. |
| Geographies Covered |
North America, Europe, Asia Pacific, Middle East & Africa, and South America |
| Countries Covered |
The U.S, Canada, Mexico, Germany, France, UK, China, Japan, India, Australia, South Korea, UAE, and Brazil |
| Key Companies Profiled |
Schaefer Systems International Pvt Ltd, Daifuku Co. Ltd, Dematic, Murata Machinery, Ltd., Mecalux, S.A., Vanderlande Industries B.V., BEUMER Group, Swisslog AG, Kardex , Honeywell Intelligrated, Toyota Industries Corporation, KNAPP AG, Hyster-Yale Materials Handling, Inc., TGW Logistics Group, John Bean Technologies, and Others. |
| Key Market Opportunities |
Digitization of supply chain processes with integration of IoT equipment, Increasing Demand for Advanced Material Handling Systems across Several Industry Verticals |
| Key Market Dynamics |
Rising labor costs and safety concerns, Growing presence of start-up companies providing robotic solutions for warehouse automation |
Automated Material Handling Market Highlights:
Frequently Asked Questions (FAQ) :
Automated Material Handling (AMH) Market was valued at USD 37.7 Billion in 2021
Automated Material Handling (AMH) Market is projected to reach USD 87.4 Billion in 2032
Automated Material Handling (AMH) Market Size is predicetd to hit at a CAGR of 10.2% by 2032
Europe is expected to hold the highest market share in the global Automated Material Handling (AMH) Market
Schaefer Systems International Pvt Ltd, Daifuku Co. Ltd, Dematic, Murata Machinery, Ltd., Mecalux, S.A., Vanderlande Industries B.V., BEUMER Group, Swisslog AG, Kardex , Honeywell Intelligrated, Toyota Industries Corporation, KNAPP AG, Hyster-Yale Materials Handling, Inc., TGW Logistics Group, John Bean Technologies, and Others.
