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AMHE Market in North America to Grow by USD 3.00 Bn | ABB Ltd. and Daifuku Co. Ltd. Among Key Vendors | Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Jan 13, 2022, 06:00 ET

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NEW YORK, Jan. 13, 2022 /PRNewswire/ -- Some of the primary growth drivers for this market are the increasing number of fulfillment centers in North America, rapid automation of processing plants, and increasing strategic alliances, according to a senior analyst at Technavio. 

Technavio's market forecast reports help businesses make confident decisions based on thorough research and analysis. View Our Free Sample Report Now 

Attractive Opportunities in Automated Material Handling Equipment Market in North America by Product, End-user and Geography - Forecast and Analysis 2021-2025
Attractive Opportunities in Automated Material Handling Equipment Market in North America by Product, End-user and Geography - Forecast and Analysis 2021-2025

The automated material handling equipment (AMHE) market in North America to grow by USD 3.00 bn from 2020 to 2025. The year-over-year growth rate of the market in 2021 is 3.75%.

Some Key Vendors and Their Offerings

  • ABB Ltd. - The company offers three levels of dress pack solutions for Material Handling, including External DressPack, External DressPack with retract function, Integrated DressPack, and Integrated DressPack Lean.
  • FIVES Group - The company offers a wide range of material handling equipment, including Sorters, Singulators, Conveyors, EASY-Capture: integrated data capture for parcels, and NOAH: dynamic dimensioner for pallets.
  • Hitachi Ltd. - The company offers material handling equipment, including belt conveyors, transportation robots, elevators, cranes, sorting machines, and automatic warehouses.
  • Honeywell International Inc. - The company combines advanced material handling solutions with smart software to reduce the time, labor costs associated with inbound processing. Some of these solutions for efficient cross-docking operations, including Pallet conveyors, Transportation conveyors, Accumulation conveyors, Full range of sortation systems for various containers and throughput targets, and Momentum WES.
  • KION GROUP AG - The company offers a full range of our services, from warehouse technology and forklift trucks to fully automated supply chain solutions, in our virtual 360° warehouse with its solutions including Electric, fuel cell, and conventionally powered trucks, Warehouse trucks and customized services, Complete warehouse systems, and Automation and fleet management solutions.

Market Segmentation Highlights

  • By product, the AHME market in North America has been segmented into four segments, namely conveyor system, AS/RS, robotics system, and AGV.
  • By end-user, the market has been segmented into automotive, e-commerce and 3PL, food and beverage, retail, and others.

Regional Analysis

  • By geography, the AHME market in North America has been segmented into two regions, namely the US and rest of North America.
  • 69% of the growth will originate from the US.
  • The US is a key country for the AMHE market in North America.
  • Market growth in the US will be slower than the growth of the market in Rest of North America.
  • The increased warehousing and logistics operations will drive the AMHE market growth in the US during the forecast period.

For more information about the contribution of each segment of the AHME market in North America. View Our Free Sample Report Now

Notes:

  • The AMHE market in North America is expected to accelerate at a CAGR of 6.67% during the forecast period.
  • The market is fragmented due to the presence of many vendors having significant market share.
  • The research report offers information on several market vendors, including ABB Ltd., Daifuku Co. Ltd., FIVES Group, Hitachi Ltd., Honeywell International Inc., KION GROUP AG, KNAPP AG, Murata Machinery Ltd., SSI SCHAEFER Group, and Toyota Industries Corp.

Subscribe to Technavio's "Lite Plan" billed annually at USD 3000. Download 3 Reports Annually and View 3 reports monthly!

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Automated Material Handling Equipment (AMHE) Market In North America Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2021-2025

USD 3.00 billion

Market structure

Fragmented

YoY growth (%)

3.75

Regional analysis

US and Rest of North America

Performing market contribution

US at 69%

Key consumer countries

US and American Samoa

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., Daifuku Co. Ltd., FIVES Group, Hitachi Ltd., Honeywell International Inc., KION GROUP AG, KNAPP AG, Murata Machinery Ltd., SSI SCHAEFER Group, and Toyota Industries Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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