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NEW YORK, Aug. 23, 2022 /PRNewswire/ — The latest market analysis report titled Automated Material Handling Equipment Market in the US by End-user and Product – Forecast and Analysis 2022-2026 has been recently added to Technavio’s catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 3.97%. The analysts at Technavio have categorized the automated material handling equipment market in the US as a part of the global industrial machinery market. Our report provides extensive information on the value chain analysis for the automated material handling equipment market in the US, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The report on the automated material handling equipment market in us provides a holistic update, market size and forecast, trends, growth drivers, challenges, and vendor analysis. One of the key factors driving growth in the automated material handling equipment market in the US is the advanced automation of processing plants. In addition, the advent of Industry 4.0 is another factor supporting the automated material handling equipment market share growth in the US. However, the complexity in the usage of automated material handling equipment will be a major challenge for the automated material handling equipment market in the US during the forecast period.
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Technavio analyzes the market by Product (Conveyor system, AS/RS, Robotics system, and AGV) and End-user (automotive, e-commerce and 3PL, food and beverage, and others).
The automated material handling equipment market share growth in the US by the conveyor system segment will be significant during the forecast period. The demand for conveyor systems in the US is expected to grow at a substantial rate during the forecast period owing to the rising use for airport baggage handling and in the e-commerce, manufacturing, and automotive industries. Further, the increase in air travel passengers and the advent of smart airports create growth opportunities for conveyor systems in the US during the forecast period.
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The automated material handling equipment market in us covers the following areas:
This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters
Automated Material Handling Equipment Market Sizing In US
Automated Material Handling Equipment Market Forecast In US
Automated Material Handling Equipment Market Analysis In US
Vendor Landscape
The automated material handling equipment market in the US is fragmented and the vendors are deploying growth strategies such as selling and distributing their products extensively to compete in the market. The automated material handling equipment market in the US forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. This statistical study of the automated material handling equipment market in the US encompasses successful business strategies deployed by the key vendors.
Companies Mentioned
- Daifuku Co. Ltd.: The company offers automated material handling types of equipment such as AS/RS, vehicle systems, and conveyor.
- Grabit Inc.: The company offers automated material handling types of equipment such as Conveyit, Stackit, and Meterit.
- Honeywell International Inc.: The company offers automated material handling equipment such as Fully Automate Mixed-SKU Depalletizing.
- Hyster Yale Materials Handling Inc.: The company offers automated material handling equipment such as Automated Guided Vehicles, assisting through the evaluation of concepts, and implementation to maintenance.
- inVia Robotics Inc.: The company offers automated material handling equipment such as inVia Dynamic Automated Storage and Retrieval System.
- John Bean Technologies Corp.
- KION GROUP AG
- Locus Robotics Corp.
- Material Handling Systems Inc.
- Meidensha Corp.
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