Automated Material Handling Equipment Market new global report offers key vendor landscape, CAGR with market dynamics and forecast. The leading companies include: Daifuku, Dematic, SSI Schaefer, Vanderlande Industriess and more, along with Regional Analysis which covers Americas, Asia-Pacific, Europe and Middle East Africa. The report also tells about product types and applications mentioned in Automated Material Handling Equipment Market in addition to a SWOT analysis of the manufacturers.
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Automated Material Handling Equipment Market Trends Gaining Momentum: Robotic systems are among the highest growing product in the global AMHE market, expected to post a CAGR of 8.31% during the forecast period. Companies from various industries, other than traditional industries, are buying or investing in robotic systems. Google and Amazon are few examples of such companies that focus on optimizing their business using the robotic system. Amazon acquired Kiva Systems in 2012, and as of 2016, had more than 30,000 robots working in their warehouse to make delivery processes faster. Amazon has also set a trend of using robotic systems for better operational efficiency and cost saving. Amazon claimed to have 20% cost saving using robotics in its warehouse. Other vendors with high warehouse requirements such as Walmart and Target are likely to follow the trend in the forecast period.
Drivers of Automated Material Handling Equipment Market: According to the report MHE is becoming more automated and integrated into complete systems. Various end-user segments are adopting automated systems throughout their supply chain. This is driving the market for AMHE, as entire lifecycles of products, from manufacturing to distribution, consumption, and disposal are being automated. Some of the most advanced automation systems include baggage transport systems in airports, automated storage systems in warehouses, and automated dispatching systems. Baggage transport systems make use of technologically advanced identification systems to collect baggage and transport to the loading points of the plane. Automated storage systems optimize storage capacity and an efficient use of the vertical space. These advantages are driving more end-users toward adopting automated systems across all their workflow.
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Growth Restraints of Automated Material Handling Equipment Market: Further, the report states that AMHE require continuous technical support and maintenance for smooth and effective functioning. This has led to the lower acceptance of AMHE among some end-users that are wary of the lack of support from vendors in the event of a malfunction, which could impact the work flow. AMHE need skilled technicians for repair and maintenance. Thus, emerging markets such as South America and APAC are hindered because of lack of skilled and semi-skilled workers. To endure the intense global competition, the material handling industry needs a skilled workforce.
Important Points mentioned in Table of Contents:
PART 01: Automated Material Handling Equipment Market Outline: Executive Summary, Research Methodology
PART 02: Market Landscape: Ecosystem, Characteristics and Segmentation Analysis
PART 03: Market Sizing: Definition, Size and Forecast 2016-2021
PART 04: Five Forces Analysis: Market opportunity and Comparison and Scope
PART 05: Regional Landscape: Automated Material Handling Equipment Market size and forecast 2016-2021
PART 06: Vendor Landscape: Drivers, Trends Challenges and Decision Framework
PART 07: Major Exhibits: Market share, Key leading countries, investments, production system and Parent market. Continued…
In a Nutshell, Automated Material Handling Equipment Market report provide in depth research including definitions, segmentation, applications, key players, market drivers and market challenges.This report will help user gain market strategy insights, future trends and growth prospects for forecast period of 2017-2021
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