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Automated Material Handling (AMH) Equipment Market Size Share Trends Growth Demand and Competitive Analysis Insights 2022-2029 | DataM Intelligence

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Automated Material Handling (AMH) Equipment Market Size Share Trends Growth Demand and Competitive Analysis Insights 2022-2029 | DataM Intelligence

September 14
05:42 2022
Automated Material Handling (AMH) Equipment Market Size Share Trends Growth Demand and Competitive Analysis Insights 2022-2029 | DataM Intelligence
DataM Intelligence
Global Automated Material Handling (AMH) Equipment Market is estimated to reach a high CAGR of 9.10% during the forecast period (2022-2029).

Market Overview:

AMH refers to any automation that lessens or does away with the need for people to check items in and out-organize materials or transport totes and containers storing library contents. Check-in devices, sorters, conveyors, singulators, stackers & unstackers, totes, containers, trolleys and tote providers are a few examples of the mechanical device utilized in AMH systems.

An AMHS makes use of conveyors, vertical elevators and self sufficient automobiles to transport cloth utilising direction and method step statistics given via the MES. The position of material or carrier for delivery by using the AMHS is decided using diverse technologies, together with RFID, barcoding, optical character recognition (OCR), close to-field conversation or extremely-wideband indoor monitoring.

 

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Market Dynamics

The rise of the automatic cloth managing device business is pushed with the aid of the increasing use of computerized storage and retrieval technology due to COVID-19. On the other hand, the excessive fees of AMH system are projected to avert market expansion.

The e-trade area’s increasing use of automated technology

The e-commerce industry is booming due to the remarkable growth in on-line customers following the emergence of COVID-19. In response to the COVID-19 epidemic, the imposition of social distance rules, lockdowns and other precautions has prompted consumers to select on-line buying. As a result, there was a upward push in business-to-customer and business-to-business e-trade. The upward thrust in B2C sales is maximum seen in online income of medicinal drugs, household objects and meals.

However, such fast expansion in the e-commerce enterprise has put extensive strain on groups to gather and supply many merchandise in a quick period. As a result, e-trade organizations have covered automation in their operations. Mini loads or shuttles shipping a case or tote to a items-to-operator pickup station, the maximum efficient way to method orders. Most distribution facilities function at the operator-to-items principle, which states that the operator have to go to achieve the product.

 

Market Segmentation

By Product 

  • Robots
  • Automated Storage and Retrieval System
  • Conveyor and Sortation System
  • Cranes
  • Automated Guided Vehicle
  • Warehouse Management System

By System 

  • Unit Load Material Handling System
  • Bulk Load Material Handling System

By End-User 

  • Automotive
  • Aviation
  • Chemicals
  • Semiconductors and Electronics
  • E-commerce
  • Food & Beverages
  • Healthcare
  • Others

 

Competitive Landscape 

The automated material handling sector is highly fragmented and competitive. Product releases, substantial expenditure on R&D, partnerships & acquisitions and so on are the primary growth methods these organizations use to stay competitive. 

Major market companies include Daifuku Co. Ltd., Kardex Group, KION Group, KNAPP AG, JBT Corporation, Jungheinrich AG, TGW Logistics Group GmbH, SSI Schaefer AG, Mecalux SA and System Logistics S.p.A.

 

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