The automated material handling equipment market is projected to grow at a considerable CAGR of around 12% during the forecast period (2023-2029). This Automated Material Handling Equipment Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future development visions and a wide range of subjects are covered in this Automated Material Handling Equipment Market study report. All this crucial data greatly assists key players to establish their presence in the competitive market. It verifies and revalidates the knowledge provided in this global Market report. It also allows several organizations to learn more about a range of opportunities already available in the market and makes aware to firms about upcoming opportunities too. It ensures several firms to attain a long-standing business success by capturing all of the latest updates about market growth. Most important participants are able to employ such report as a great resource to attain a competitive advantage over the cut-throat market.
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The global automated material handling equipment market is classified on the basis of product type, system type, and industry. Based on the product type, hardware and software. Based on the system type, the market is segmented into robots, automated storage & retrieval system (ASRS), conveyor and sortation systems, cranes, and others. Robots are anticipated to hold considerable market share based on product type segments. The high use of robots to reduce the labor cost, to offer personnel safety, and to get a high return on the investment are the key factors contributing towards the high market share of the region. Cost-effectiveness, and ability to perform different tasks simultaneously to reduce the loading and unloading delay are the key factors contributing towards the growth of the segment. Based on industry, the market is segmented into automotive, food & beverage, chemical, metals & heavy machinery, retail, third party logistics, & e-commerce, healthcare, and others.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automated Material Handling Equipment Market Segmentation by region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of the Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automated material handling equipment market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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