Automated Material Handling Market Report (1)

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AUTOMATED MATERIAL HANDLING MARKET REPORT
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INTRODUCTION
Automated Material Handling (AMH) systems include
computerized devices and robots to move, pull,
store, locate, and lift products that help to
minimize labor efforts and maximize operational
efficiency.
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KEY INSIGHTS
MARKET SIZE 27.20 Bn
2022
FORECAST 55.48 Bn
2030
CAGR 9.3
2030
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REVENUE MARKET SHARE BY SEGMENTS 2022
Type
WMS- fastest growing
Industry
E-commerce- 20.13
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GLOBAL AUTOMATED MATERIAL HANDLING MARKET
REVENUE SHARE FOR 2022
ASIA PACIFIC FASTEST GROWING
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Increasing need for automation
Drivers
High initial investment and maintenance cost
Restraints
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AUTHOR'S PERSPECTIVE

• Manufacturers and e-commerce businesses need to
  improve their productivity with an automated
  material handling process.

• The e-commerce industry is gaining traction in
  the automated material handling market due to the
  increasing trend of online shopping.

• Aviation, food beverage, automotive, and
  healthcare industries are expected to have
  significant growth in the automated material
  handling market during the forecast period.

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KEY PLAYERS
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