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The United States automated material handling market size reached USD 15.23 billion in 2023. The market is expected to grow at a CAGR of 8.70% between 2024 and 2032, reaching almost USD 32.62 billion by 2032.
The United States as one of the world's most advanced economies, plays a pivotal role in driving the United States automated material handling market. The nation's dominant manufacturing sector, contributing 82% of the region's economic output, fuels demand for automated material handling systems. Technological innovation, including automation, AI, and machine learning, propels the industry forward, addressing the escalating labour costs and preference for advanced automated material handling solutions in North America.
The pandemic outbreak disrupted the material handling industry, delaying orders for new automated material handling systems due to partial operations within manufacturing facilities. While only a fraction of fulfilment centres in the US currently use automated systems, vendors have intensified efforts to enhance automated material handling products. For instance, StoecklinLogistics introduced dynamic MASTerStacker Cranes featuring improved performance and energy efficiency.
The need for automation across various industries continues to drive the automated material handling equipment market, aiming to enhance efficiency, reduce labour costs, and improve product quality. Material handling is crucial for modern production systems, impacting the flow of operations from manufacturing to disposal. Investing in appropriate equipment ensures smooth material flow, increased production speed, reduced damage risks, and enhanced worker safety.
The rise of smart factories further fuels the United States automated material handling market development, leveraging technologies like cloud-based software, IoT, and machine learning for real-time monitoring and optimisation. These technologies enable efficient process monitoring, equipment performance tracking, and waste reduction. Machine learning algorithms optimise material flow and system productivity, contributing to the industry's growth as manufacturers strive for efficiency and waste reduction.
United States Automated Material Handling Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments
Market Breakup by Product
Market Breakup by End-Use
Market Breakup by Region
Key players in the automated material handling in North America design, develop and provide products and services to support the end-users.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by End-Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is estimated to be valued at USD 15.23 billion in 2023.
The market is projected to grow at a CAGR of 8.7% between 2024 and 2032.
The automated material handling market is expected to reach USD 32.62 billion in 2032.
The market is categorised according to its product, which includes robots, automated storage and retrieval systems (AS/RS), conveyors and sortation systems, cranes, warehouse management system (WMS), and automated guided vehicles (AGVs).
The key market players are Honeywell International, Inc., Murata Machinery, Ltd., SSI SCHAEFER Group, TGW LOGISTICS GROUP GMBH, KNAPP AG, Daifuku Co. Ltd., Kardex Holding AG, Jungheinrich AG, KION GROUP AG, John Bean Technologies Corporation, and others.
The market is driven by factors that include technological innovations, rising demand for smart factories and increasing demand for automation across sectors, among others.
The market is categorised according to its end-use, which includes automotive, 3PL, food and beverage, chemicals, healthcare, aviation and others.
Automated material handling systems employ computerised devices and robots, replacing human labour in tasks such as moving, lifting, pulling, pushing, storing, and retrieving products.
Different types of automation include fixed automation, programmable automation, flexible automation, process automation, integrated automation, among others.
Thriving enterprises prioritise comprehending their internal learning processes and procedures before streamlining them, and subsequently embark on automation endeavours. These firms adhere to the USA Principle: Understand, Simplify, and then Automate.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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