Global Automated Material Handling Market Analysis & Trends - Industry Forecast to 2025
The Global Automated Material Handling Market is poised to grow at a CAGR of around 10.5% over the next decade to reach approximately $53.4 billion by 2025. Some of the prominent trends that the market is witnessing include Cut in Labor Cost through Advancement in Robotics, Expanding Demand for Automated Solutions in Various Industries and Recent Technological Developments in Automated Material Handling.
Based on Function, the market is categorized into Storage & Handling, Distribution, Packaging, Assembly, Waste Handling, Transportation and Other Functions.
By Application Type, the market is segmented by Aviation, Metals & Heavy Machinery,
E - Commerce, Semiconductor & Electronics, Automotive, Food & Beverages, Energy, Healthcare, Pharmaceuticals, Medical Devices, Manufacturing, Retail, Logistics, Chemicals and Other Applications.
On the basis of Software and Services, the market is divided into Services and Software.
Depending on the System Type, the market is divided by Bulk Load Material Handling Systems and Unit Load Material Handling Systems.
Based on the Product Type, the market is further classified into Automated Cranes, Automated Storage and Retrieval Systems (ASRS), Robotic Systems, Automated Guided Vehicles (AGV) and Automated Conveyors and Sortation Systems.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook