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According to our latest market study on “Automated Material Handling Equipment Market Forecast to 2025 – Global Analysis – by Product, System Type, Component, Function, and Industry,” the market is expected to grow from 28,643.4 million in 2017 to US$ 51,219.6 million by 2025; it is estimated to grow at a CAGR of 7.6% from 2018 to 2025.

Expansion of third-party logistics (3PL) industries is leading to the increased adoption of material handling equipment in warehouses and distribution centers. Companies in the automated material handling equipment market are utilizing the services of 3PLs for efficient supply chain management which is further increasing the global automated material handling equipment market share. Third-party logistics (3PL) provider’s across the globe are upgrading their existing infrastructure to fast delivery of goods, efficient loading and unloading materials from trucks, their storage and easy transportation. Increased productivity through automated tasks, and augmented jobs is playing a crucial role in enhancing the global automated material handling equipment market value. Efficient conveyance of materials from one place to another easy shipping of the product with increased quality is boosting the global market growth. The steady growth in the global automated material handling equipment market size is attributed to the increasing deployment of robotic systems in warehouse, the advent of Industry 4.0, and continuous technological advancements focused on the cost reduction and sustainability. The rapidly growing e-commerce sector, surge in automation investments, and favorable government initiatives to support the growth of the industrial sector are expected to boost the global automated material handling equipment market share in the coming years.

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Based on product, the automated material handling equipment market is characterized into robots, automated storage & retrieval system, automated conveyors & sortation system, automated cranes, and automated-guided vehicles. The automated storage & retrieval system segment was valued at a significant share in 2017. Based on system type, the automated material handling equipment market is segmented into unit load and bulk load. The bulk load segment held a significant share in the automated material handling equipment market in 2017. Based on component, the market is characterized into hardware, software, and services. The hardware, software, and services segment was valued at a significant share in 2017. Based on function, the market is segmented into storage, transportation, assembly, packaging, distribution, and waste handling. The storage segment held a significant share in the automated material handling equipment market in 2017. Based on industry, the market is segmented into automotive, electronics, food & beverages, e-commerce, aerospace, logistics, pharmaceuticals and others. The e-commerce segment held a significant share in the automated material handling equipment market in 2017.

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Fives; Jungheinrich AG; Kion Group AG; kuka AG; Daifuku Co., Ltd.; Hyster-Yale Materials Handling, Inc.; BEUMER Group GmbH & Co. KG; Hanwha Corporation;    John Bean Technologies Corporation; and Toyota Industries Corporation are a few major companies operating in the automated material handling equipment market.

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The e-commerce industry is estimated to observe a significant demand for automated material handling equipment for the stocking and storage of products in warehouses, reduce time, and automate retrieval solutions. Changing lifestyle has augmented the shift toward automation mechanism that is likely to provide lucrative growth opportunities for the players in the automated material handling equipment market.

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