Europe Automated Material Handling Market- Size, Outlook, Trends and Forecast (2024 – 2032)

Automated material handling systems refers to the systems, which are used for the handling of the materials at the end user industries to carry out the industrial operations including storage, picking and placing and some other operations. Rising number of regulations on worker safety coupled with the need for the automation of industrial operations has been boosting the adoption of automated material handling systems in a wide variety of industries.

Europe Automated Material Handling Market Segments Size & Growth:

Europe automated material handling market size is projected to reach approximately $14.5025 billion by the end of 2024 with a CAGR of close to 10.15% from $8.416 billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include an increasing number of stringent regulations surrounding labour safety, emphasis on optimising the industrial operational costs by using automated systems and so on. However, the high cost of the systems has been hampering the market growth of these automated material-handling systems in the small-scale enterprises thereby hampering the market growth.

Europe Automated Material Handling Market Segments Share:

Automated Material Handling systems market is categorised into product type, which comprises of AGVs, cranes, robots, storage & retrieval systems and so on. Robotic systems are anticipated to possess dominant market share by value owing to the high cost of these systems. Based on load type, AMH market is segregated into the unit load and bulk load systems. Among the load types, unit load systems are projected to continue its dominant during the period 2017-2024. Application segment includes packaging, distribution, storage and some other segments.

Automotive is the leader in the AMH market among all end-user industries owing to the rising number of stringent regulations about the labour safety in the automotive industries coupled with the increasing adoption of this equipment for the assembling, packaging and distribution applications. Based on Geography, Europe is segmented into Germany, France, Italy, Russia, and others. Europe is having the most significant share in automated material handling market globally, and with the rise of e-commerce, consumer preferences have moved to the centre of attention.

Europe Automated Material Handling Market Trends:

• The automated material handling equipment such as robotic systems perform tasks with higher accuracy and precision and help to reduce operational cost.
• New technologies such as vision automated guided vehicle provide increased throughput, ensure safety, and helps reduce labour costs.
• Introduction of advanced technologies results in enhanced quality and flexible automated systems, which would strengthen the market in the future.
• The effect of new technologies is moderate in the AHM equipment market, and its impact is expected to increase shortly, owing to increasing adoption of automated material handling equipment in e-commerce industry to shorten the delivery time of products to customers.
• February 2017, Toyota Industries Corporation acquired Bastian Solutions LLC. To expand its operations in the North American and European region to gauge the e-commerce boom.

Europe Automated Material Handling Market Research Report includes:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major market players are

• Daifuku Co. Ltd.
• Siemens AG
• Bosch Rexroth
• Swisslog Holding AG
• Murata Machinery Ltd.
• Toyota Industries Corporation