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The automated material handling equipment (AMHE) market size in North America has the potential to grow by USD 3.00 billion during 2021-2025 accelerating at a CAGR of 6.67%.
This AMHE market research report provides a detailed analysis of the market by product (conveyor system, AS/RS, robotics system, and AGV), end-user (automotive, e-commerce and 3PL, food and beverage, retail, and others), geography (US and rest of North America), and key vendors.
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The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The AMHE market in North America is fragmented and the vendors are deploying growth strategies such as strategic alliances with technology providers to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as the increasing number of fulfillment centers in North America to achieve growth opportunities. However, factors such as inherent challenges related to use of automated systems will impede the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the automated material handling equipment market forecast report of North America for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This automated material handling equipment market analysis report of North America also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
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69% of the market’s growth will originate from the US during the forecast period. The US is a key market for automated material handling equipment in North America. However, market growth in the US will be slower than the growth of the market in rest of North America.
The increased warehousing and logistics operations will facilitate the AMHE market growth in the US over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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Conveyor systems are essential for material handling, transporting goods and bulk materials efficiently. They are widely used in warehouses, production facilities, and airports. The demand for conveyor systems in North America is expected to grow due to their increased use in airport baggage handling, e-commerce, manufacturing, and automotive industries. The presence of numerous airports in the region contributes to the demand for conveyor systems at airport terminals.
Additionally, the rise in air travel passengers and the emergence of smart airports create opportunities for conveyor systems. Vendors like Daifuku, SSI Schaefer, KION Group, and Murata Machinery provide automated conveyor systems and are expected to invest in research and development to expand their offerings. The development and expansion of airports, such as the Terminal 1 redevelopment at San Francisco International Airport, further boost the market. The widespread adoption of conveyor systems for efficient baggage-handling operations will drive market growth.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automated material handling equipment market size in North America.
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Automated Material Handling Equipment (AMHE) Market In North America Scope |
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Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
Market growth 2021-2025 |
USD 3.00 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.75 |
Regional analysis |
US and Rest of North America |
Performing market contribution |
US at 69% |
Key consumer countries |
US and American Samoa |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ABB Ltd., Daifuku Co. Ltd., FIVES Group, Hitachi Ltd., Honeywell International Inc., KION GROUP AG, KNAPP AG, Murata Machinery Ltd., SSI SCHAEFER Group, and Toyota Industries Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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