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Automated Material Handling Market in Manufacturing Worth $30,942.72 Million by 2020


News provided by

MarketsandMarkets

01 Apr, 2015, 13:30 GMT

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DALLAS, April 1, 2015 /PRNewswire/ --

According to the new market research "Automated Material Handling Market in Manufacturing by Product (AGV, AS/RS, Automated Crane, Robotic System), System Type, Operation, Application (Automotive, Chemical, Food & Beverages, Healthcare, Metal Manufacturing), and Region - Forecast to 2020", Published by MarketsandMarkets, the Automated Material Handling Market in manufacturing is estimated to reach $30,942.72 Million by 2020, at a CAGR of 8.16% between 2015 and 2020.

Browse 76 market data Tables and 81 Figures spread through 187 Pages and in-depth TOC on "Automated Material Handling Market".

http://www.marketsandmarkets.com/Market-Reports/automated-material-handling-manufacturing-market-92483121.html

Early buyers will receive 10% customization on this report. 

The automated material handling (AMH) market in manufacturing is expected to grow at the CAGR of 8.16% between 2015 and 2020. It covers different type of products, namely, AGV, AS/RS, automated conveyor and sortation system, robotic system, automated crane, and software & services.

The automated material handling is used to reduce labor cost and manufacturing cost, eliminate human intervention, increase safety, and enable delivery on time. The automated material handling market in manufacturing has various applications, namely, automotive, chemical, aviation, semiconductor & electronics, energy, food & beverages, healthcare, metal & heavy machinery, and others (paper & printing, textile & clothing). Some of the latest trends in automated material handling include IoT (Internet of Things), big data analytics, advanced and autonomous robots and vehicles, mobile technology, digital manufacturing, and energy monitoring.

This report describes the drivers, restraints, opportunities, and challenges with respect to the AMH market in manufacturing. The factors which are driving the (automated material handling market) market in manufacturing include the increased number of manufacturing facilities, introduction of wireless power technology in AGV, and improved safety and working conditions at the manufacturing plant. The restraining factors affecting the market include the requirement of high capital expenditure and technical glitches. Improved quality of products is considered to be an opportunity for the AMH market in manufacturing. Requirement of operational maintenance and relative maintenance cost is a big challenge faced by the AMH market in manufacturing.

This report gives a detailed view of the market across geographies, namely, North America, Europe, Asia-Pacific, and RoW. Europe dominates the Automated Material Handling Market in manufacturing in terms of revenue generation with the highest market share of 40% in 2014; it is expected to grow at a CAGR of 7.46% between 2015 and 2020.

Speak to Analyst:http://www.marketsandmarkets.com/speaktoanalyst.asp?id=92483121

The major players involved in the development of AMH market in manufacturing include Toyota Industries Corp. (Japan), KION Group AG (Germany), Hyster-Yale Material Handling, Inc. (U.S.), Daifuku Co., Ltd. (Japan), Jungheinrich AG (Germany), KUKA AG (Germany), Dematic GmbH and Co., Ltd. (Germany), and Bastian Solutions (U.S.).

Browse related reports 

Industrial Robotics Market by Type, Component, Function, Industry (Automotive, Electrical & Electronic, Chemical, Rubber, & Plastic, Metal & Machinery, Food & Beverages, Pharmaceutical, & Construction), & Geography - Analysis & Forecast to 2014 - 2020
http://www.marketsandmarkets.com/Market-Reports/Industrial-Robotics-Market-643.html

Smart Factory Market By Technology (PLM, MES, Industrial Automation), Applications (Automotive, Electrical and Electronics, Materials and Mining, Food And Beverages, Pharmaceuticals, & Others), & Geography - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/smart-factory-market-1227.html

About MarketsandMarkets  

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Contact: 
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Visit MarketsandMarkets Blog http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

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