AMHE and Storage Systems Market in Europe 2015-2019
About Automated Material Handling Equipment and Storage Systems
Automated material handling eliminates the need for manual labor to sort, organize, and retrieve materials and move them from one place to another. It provides an efficient, accurate, and cost-effective method for the easy and swift movement of goods across organizations. AMHE optimizes and speeds up the process by saving manufacturers’ time. AMHE such as AGVs, AS/RS, conveyor systems, palletization, sortation system, and software and services are being adopted by industries such as Automotive, Mining, F&B, Hospitals, Medicals, and e-commerce.
TechNavio's analysts forecast the AMHE and Storage Systems market in Europe to grow at a CAGR of 10.61 percent over the period 2014-2019.
Covered in this Report
This report focuses on the two major segments of the AMHE and Storage Systems market in Europe: AGV and AS/RS. Based on application, the Packaging market in North America can be segmented into the Food Packaging, Beverage Packaging, Industrial Packaging, Healthcare Packaging, and Others including the Personal and Home Care Packaging segments.
TechNavio's report, AMHE and Storage Systems Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe; it also covers the AMHE and Storage Systems market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – AMHE and Storage Systems Market in Europe 2015-2019
Technavio recognizes the following companies as the key players in the AMHE and Storage Systems Market in Europe: Beumer Group GmbH, Daifuku Co. Ltd., Dematic Group Sarl, SSI Schaefer Holding International GmbH and Swisslog
Other Prominent Vendors in the market are: Bosch Rexroth, Egemin Automation, Kardex Remstar, KNAPP Logistics Automation, Mecalux, Seegrid, SICK, TGW Systems, Vanderlande Industries, Viastore Systems and Westfalia Technologies.
Commenting on the report, an analyst from Technavio’s team said: “One of the major trends in the market is the incorporation of vehicle intelligence in automated guided vehicles. Many vendors have incorporated these advanced capabilities, which have increased the functioning of these vehicles and help in navigating around temporary obstructions more efficiently.”
According to the report, increase in demand for automation technology in pharmacy and hospital applications is predominantly driving the growth of the market. Pharmaceuticals manufacturers are adopting these automation technologies to accommodate the increase in demand for drugs. There is an increase in the automation facilities and storage of huge volumes of materials, and automation technologies are required to operate such huge volumes efficiently.
Further, the report states that one of the major challenges being faced by the market is the high cost of deployment of this equipment, which restricts its widespread usage and also affects the revenue and profit margins of manufacturers.
Beumer Group, Daifuku, Dematic Group, SSI Schaefer Holding International, Swisslog , Bosch Rexroth, Egemin Automation, Kardex Remstar , KNAPP Logistics Automation , Mecalux, Seegri, SICK, TGW Systems , Vanderlande Industries,Viastore Systems, Westfalia Technologies
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