10-October-2022

Automated Material Handling Equipment Market Share in the US to Increase by USD 1.51 Billion From 2021-2026 

The automated material handling equipment market share in the US is expected to grow by USD 1.51 billion, accelerating at a CAGR of  3.97% during the forecast period. The market is fragmented and the vendors are deploying growth strategies such as engaging in continuous R&D to compete in the market.

Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View Free PDF Sample Report

Automated Material Handling Equipment Market Share in the US to Increase by USD 1.51 Billion From 2021-2026 

Automated Material Handling Equipment Market In the US: Segments and Leading  Regions

The automated material handling equipment market in the US research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The automated material handling equipment market in the US is segmented by Product (Conveyor system, AS/RS, Robotics system, and AGV) and End-user (automotive, e-commerce and 3PL, food and beverage, and others). Each market segment is analyzed for past performance leading to future growth projections based on the current market scenario.
  • The automated material handling equipment market growth in the US by the conveyor system segment will be significant during the forecast period.
  • The growth of the segmented to the factors such as the rising use of airport baggage handling and in the e-commerce, manufacturing, and automotive industries
  • The US region emerged as the leading segment in recent years
  • The report provides an accurate prediction of the contribution of all the geographic segments to the growth of the automated material handling equipment market size in the US.

Automated Material Handling Equipment Market In the US: Trends, Drivers, Challenges

  • A significant factor in driving the growth of the automated material handling equipment market in the US will be the advanced automation of processing plants.
  • Another factor that will boost the market will be the significant growth in the e-commerce industry.
  • The advent of Industry 4.0 is one of the major automated material handling equipment market trends in the US which will positively influence the market growth.
  • Complexity in the usage of automated material handling equipment is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Automated Material Handling Equipment Market In the US: Vendor Analysis

  • The market is fragmented due to the presence of several players.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Daifuku Co. Ltd., Grabit Inc., Honeywell International Inc., Hyster Yale Materials Handling Inc., inVia Robotics Inc., John Bean Technologies Corp., KION GROUP AG, Locus Robotics Corp., Material Handling Systems Inc., and Meidensha Corp. are some of the major automated material handling equipment market vendors in the US.

Download the Free PDF Sample Report Technavio's custom reports provide market insights at the global and regional levels along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 3.97%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 1.51 billion.

     
  3. What is a key factor driving this market?
    The advanced automation of processing plants will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    The US is the key region featured in this research report.

     
  5. Which is the leading geographic region for this market?
    100% growth will originate from the US.

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Daifuku Co. Ltd., Grabit Inc., Honeywell International Inc., Hyster Yale Materials Handling Inc., inVia Robotics Inc., John Bean Technologies Corp., KION GROUP AG, Locus Robotics Corp., Material Handling Systems Inc., and Meidensha Corp.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Conveyor system, AS/RS, Robotics system, and AGV) and End-user (automotive, e-commerce and 3PL, food and beverage, and others).
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