Automated Material Handling Equipment Market in North America by Product, End-user and Geography - Forecast and Analysis 2021-2025

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. 

Market Overview

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"Material handling automation has resulted in a 300% increase in output in the e-commerce industry while decreasing the need for human workers by 70%."

Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

• ABB Ltd.
• Daifuku Co. Ltd.
• FIVES Group
• Hitachi Ltd.
• Honeywell International Inc.
• KION GROUP AG
• KNAPP AG
• Murata Machinery Ltd.
• SSI SCHAEFER Group
• Toyota Industries Corp.

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. 

Automated Material Handling Equipment (AMHE) Market in North America: Key Drivers and Trends

The growing e-commerce industry and the rising number of omnichannel distribution systems have resulted in an increased number of orders. AMHE helps end-user industries to reduce operating costs by increasing the accuracy of order picking, improving employee safety, and making efficient use of space. Manufacturers have started using advanced automation and robots in processing plants as it’s a feasible option for the industry players to reduce costs. The increasing number of fulfillment centers and rapid automation of processing plants will subsequently influence the growth of the global automated material handling equipment market in North America during the forecast period.

The emergence of smart factories helps in optimizing the entire manufacturing sector to create high-quality products, improve productivity, increase energy efficiency, and sustain safer plant floors. Smart factories harness data from collective technology and use the data to increase the efficiency of manufacturing processes. A smart factory also allows manufacturers to overcome operational inefficiencies by making fact-based decisions and using real-time data to analyze their operations. The increasing adoption of AI, rising need for connected systems, and the demand for smart automation solutions will have a significant impact on the growth of the AMHE market in North America.

 

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Automated Material Handling Equipment (AMHE) Market in North America: Segmentation by Geography

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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. 

Automated Material Handling Equipment (AMHE) Market in North America: Segmentation by Product

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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: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive automated material handling equipment market growth in North America during the next five years
• Precise estimation of the AMHE market size in North America and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automated material handling equipment industry across the US and rest of North America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automated material handling equipment market vendors in North America 

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Automated Material Handling Equipment (AMHE) Market In North America Scope
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.