About Automated Material Handling Equipment (AMHE)
AMHE are a part of material handling equipment (MHE). MHE refer to a diverse range of products that aid the transportation and storage of materials. The equipment enhance the efficiency of the workflow in manufacturing, streamline the supply chain distribution channels, and efficiently manage the warehouse for optimum utilization. The equipment run on hydraulic, mechanical, or automated systems.
Technavio’s analysts forecast the global automated material handling equipment (AMHE) market to grow at a CAGR of 8.2% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automated material handling equipment (AMHE) market for 2017-2021. To calculate the market size, the report considers the revenue generated by vendors of AMHE service providers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global AMHE Market 2017-2021
Technavio recognizes the following companies as the key players in the global AMHE market: Daifuku, Dematic, SSI Schaefer, and Vanderlande Industries
Other Prominent Vendors in the market are: Beumer, Dearborn Mid-West Conveyor, Fives, FlexLink, Intelligrated, Kardex, KNAPP Logistics Automation, Legris Industries, Mecalux, Murata Machinery, Swisslog, and TGW Logistics
Commenting on the report, an analyst from Technavio’s team said: “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.”
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.
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.
Daifuku, Dematic, SSI Schaefer, Vanderlande Industries, Beumer, Dearborn Mid-West Conveyor, Fives, FlexLink, Intelligrated, Kardex, KNAPP Logistics Automation, Legris Industries, Mecalux, Murata Machinery, Swisslog, TGW Logistics.
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