Automated Material Handling Equipment Market - Key Insights and Growth Drivers

According to the latest market research study published by P&S Intelligence, the global automated material handling equipment (AMH) market was valued at USD 30.9 billion in 2024 and is projected to grow to USD 56.8 billion by 2030, registering a CAGR of 10.6% from 2024 to 2030. This growth is propelled by rising demand for precise order accuracy, efficient supply chain management, superior customer service, and the growing role of warehousing, alongside increasing adoption of robotics in material handling processes.

The incorporation of Industry 4.0, IoT, and industrial automation has streamlined the integration of automated systems, presenting significant opportunities for AMH system providers. Companies are increasingly investing in advanced technologies like robots, automated storage and retrieval systems (ASRS), cranes, automated guided vehicles (AGVs), and warehouse management systems (WMS) to enhance operational efficiency, reduce assembly line times, and improve productivity.

Material handling systems embedded with technologies such as cloud connectivity and data analytics provide real-time insights, improve asset performance, and enable remote diagnostics, further reducing commissioning times. The proliferation of smart factories, where sophisticated systems handle sorting, picking, and transportation of goods, is expected to significantly boost market growth.

Key Market Insights

• E-commerce Sector: Expected to grow at a CAGR of 9% due to rising adoption of ASRS, expanded logistics infrastructure, and growing e-commerce platforms.
• Emerging Economies: Nations like China and India are pivotal, supported by increasing per capita income and growing consumer spending.
• Healthcare: Projected growth driven by automation investments, expanding healthcare infrastructure, and rising income levels in developing countries.
• Automotive Industry: ASRS and automation are addressing material handling needs in electric and hybrid vehicle production and storage.
• Food & Beverages: Significant growth due to demand for packaged goods and globalization.
• Warehouse Management Systems (WMS): Expected CAGR of 9.1%, driven by cloud-based solutions, rising warehouse units, and high freight costs.
• Conveyors & Sortation Systems: Key in manufacturing and distribution for efficient sorting and product transportation.
• Automated Guided Vehicles (AGVs): Adoption driven by industrialization, customization needs, and safety emphasis in supply chains.
• APAC Dominance: With a 42% revenue share in 2022, APAC leads the market due to growing manufacturing facilities, urbanization, and smart factory adoption.

Top Automated Material Handling Equipment Companies

• Daifuku Co. Ltd.
• KION GROUP AG
• Fritz SCH?FER GmbH & Co. KG
• Toyota Industries Corporation
• Honeywell International Inc.
• Hyster-Yale Materials Handling Inc.
• John Bean Technologies Corporation
• Jungheinrich AG
• BEUMER Group GmbH & Co. KG