Global Automated Material Handling Market to reach USD XX billion by 2027.Global Automated Material Handling Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12.7% over the forecast period 2021-2027. Material handling equipment and systems are mechanical devices that move, store, manage, and safeguard materials, products, and goods as they travel through the manufacture, circulation, consumption, and clearing processes. This generates utility through material storage, handling, and control. The primary objectives of these systems are to improve product quality, productivity, and labour safety, as well as to reduce labour expenses, operational costs, and production lead times. The market is driven by the various key factors such as rapid growth of e-commerce sector and incremental technological advancements aiding market growth. For instance, as per Statista, in 2020, retail e-commerce sales amounted to USD 4.28 trillion which was USD 2.38 trillion in 2017. Furthermore, the market is showing positive growth and expected to grow to USD 5.4 trillion in 2022. However, high integration and switching costs, may impede market growth over the forecast period of 2021-2027.

Geographically, Asia Pacific is recorded as dominating region owing to rising e-commerce sales, and the significant presence of technology providers. Also, Asia-Pacific emerged as one of the world's largest e-commerce hubs. Due to the expanding middle-class population in China, India, and Indonesia, as well as the growing use of mobile devices, the region has seen a significant increase in retail e-commerce. China is responsible for 40% of global retail e-commerce sales.

Major market player included in this report are:
JBT Corporation
Daifuku Co. Ltd.
SSI Schaefer AG
Jungheinrich AG
TGW Logistics Group GmbH
System Logistics S.
Kardex Group
Mecalux SA
KION Group
KNAPP AG




The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product type:
Hardware
Software
Services
By Equipment Type:
Automated Storage and Retrieval System
Mobile Robots
Automated Conveyor
Palletizer
Sortation System
By End User:
Airport
Automotive
Food And Beverages
Pharmaceuticals
Post And Parcel
Other End Users
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Automated Material Handling Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors