Germany Automated Material Handling Equipment Market Size & Outlook
Germany automated material handling equipment market, 2018-2030 (US$M)
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Germany automated material handling equipment market highlights
- The Germany automated material handling equipment market generated a revenue of USD 5,614.5 million in 2023 and is expected to reach USD 10,159.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, robots was the largest revenue generating product in 2023.
- Collaborative Robots is the most lucrative product segment registering the fastest growth during the forecast period.
Automated material handling equipment market data book summary
| Market revenue in 2023 | USD 5,614.5 million |
| Market revenue in 2030 | USD 10,159.4 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Robots |
| Fastest growing segment | Collaborative Robots |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Robots, AS/RS, Conveyors Systems, Sortation Systems, Cranes, Collaborative Robots, Autonomous Mobile Robots, Automated Guided Vehicle, Warehouse Management System |
| Key market players worldwide | Daifuku Co Ltd, KION GROUP AG, Honeywell International Inc, Toyota Motor Corp, Hyster-Yale Materials Handling Inc Class A, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, John Bean Technologies Corp, SSI Schaefer Systems International North America, Hanwha, KUKA Robotics |
Other key industry trends
- In terms of revenue, Germany accounted for 9.2% of the global automated material handling equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany automated material handling equipment market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 4,511.6 million by 2030.
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Automated Material Handling Equipment Market Scope
Automated Material Handling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany automated material handling equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automated material handling equipment market will help companies and investors design strategic landscapes.
Robots was the largest segment with a revenue share of 23.02% in 2024. Horizon Databook has segmented the Germany automated material handling equipment market based on robots, as/rs, conveyors systems, sortation systems, cranes, collaborative robots, autonomous mobile robots, automated guided vehicle, warehouse management system covering the revenue growth of each sub-segment from 2018 to 2030.
Germany's automated material handling equipment market is growing due to the increasing demand for automation and optimization of material handling processes in various industries such as automotive, e-commerce, food and beverage, pharmaceuticals, and logistics.
Germany represented the highest growth rate in e-commerce turnover in the European region, which is expected to boost the market demand for AGV over the coming years. Moreover, the German government has been promoting industry 4.0 initiatives, focusing on the digital transformation of manufacturing and logistics processes.
This includes promoting the adoption of automation and advanced technologies, including automated material handling equipment, through incentives, subsidies, and funding programs. These government initiatives have been encouraging companies in Germany to invest in automated material handling solutions.
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Our clientele includes a mix of automated material handling equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany automated material handling equipment market , including forecasts for subscribers. This country databook contains high-level insights into Germany automated material handling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany automated material handling equipment market size, by product, 2018-2030 (US$M)
Germany Automated Material Handling Equipment Market Outlook Share, 2024 & 2030 (US$M)
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