rapid automation of processing plants is driving the Automated Material Handling Equipment (AMHE) Market in APAC

Latest News:- Automated Material Handling Equipment (AMHE) Market in APAC: Conveyor systems (CS) is expected to lead the Application segment during 2024-2028

Technavio analyzes that the Automated Material Handling Equipment (AMHE) Market in APAC is expected to grow at a CAGR of 5.8% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 3018.7 million.There are various factors that contribute to the growth of the market. The Automated Material Handling Equipment (AMHE) market in APAC is experiencing significant growth due to the increasing automation of processing plants in the region. Companies are investing heavily in AMHE to streamline operations, improve efficiency, and reduce labor costs. Key technologies driving market growth include robotics, conveyor systems, and automated storage and retrieval systems. The market is expected to continue expanding as more industries adopt automation to remain competitive.

In the APAC market, Automated Material Handling Equipment (AMHE), particularly conveyor systems (CS), play a pivotal role in streamlining material transportation within manufacturing facilities. These systems are integral to connecting various process points, enabling seamless material flow. Hydraulic, mechanical, and fully automated conveyor machines are employed to facilitate this movement. For instance, CS integrate with automated storage/retrieval systems (AS/RS) to load and unload materials, transfer products along the production line, move finished goods to packaging areas, and load packaged items into trucks or store them in distribution centers. Additionally, conveyor systems are instrumental in handling semiconductor devices, such as transistors and photodiodes, which require precise temperature control through heat dissipation and management of electric fields. 

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Automated Material Handling Equipment (AMHE) Market in APAC Segmentation

• Application
  • Conveyor systems (CS)
  • Automated storage and retrieval systems (AS/RS)
  • Robotics systems (RS)
  • Automated guided vehicles (AGV)
• Geography
  • APAC

Top Performing Companies

As per our research findings, here are some of the key competitors that are leading the industry

• Addverb Technologies Pvt. Ltd.
• Beumer Group GmbH and Co. KG
• Daifuku Co. Ltd.
• Dematic Group
• FIVES SAS
• FlexLink Holding AB
• Hanwha Corp.
• Honeywell International Inc.
• John Bean Technologies Corp.
• Jungheinrich AG
• Kardex Holding AG
• KION GROUP AG
• KNAPP AG
• Mecalux SA
• Murata Machinery Ltd.
• SSI Schafer IT Solutions GmbH
• Swisslog Holding AG
• TGW LOGISTICS GROUP GmbH
• Toyota Industries Corp.
• Wipro Ltd.

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Research Analysis Overview

The Automated Material Handling Equipment (AMHE) Market in APAC is driven by the use of advanced electronics, including electric circuits and semiconductor devices, in AMHE systems. These circuits utilize various components such as resistors, capacitors, inductors, diodes, and active/passive components for power delivery and absorption, energy storage, and current flow. Power sources like voltage and current sources, generators, and alternators provide energy, while transistors, photodiodes, and other semiconductor devices enable amplification and heat dissipation. The magnetic and electric fields generated by these components interact with the load, enabling function and efficient power transfer.

Market Research Overview

The Automated Material Handling Equipment (AMHE) market in APAC is a significant segment of the larger global industrial machinery and supplies and components market. This market encompasses companies specializing in the manufacturing of AMHE, including those utilizing electronics engineering components such as circuits, circuit components, power sources, resistors, capacitors, inductors, diodes, and active components. The global industrial machinery and supplies and components market size is determined by the consolidated revenue generated by machinery and component manufacturers catering to the industrial sector. Key growth drivers for this market include the increasing industrial output in process and discrete industries, particularly in developing countries, leading to capacity expansions in energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages industries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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