Global Automated Material Handling Equipment Market Size & Outlook
The automated material handling equipment industry worldwide is expected to reach a projected revenue of US$ 114,448.7 million by 2030. A compound annual growth rate of 9.4% is expected of the worldwide automated material handling equipment industry from 2024 to 2030.
Revenue, 2023 (US$M)
$61,038.1
Forecast, 2030 (US$M)
$114,448.7
CAGR, 2024 - 2030
9.4%
Report Coverage
Worldwide
Global automated material handling equipment market, 2018-2030 (US$M)
Related Markets
Global automated material handling equipment market highlights
- The global automated material handling equipment market generated a revenue of USD 61,038.1 million in 2023 and is expected to reach USD 114,448.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.4% by 2030.
- In terms of segment, robots accounted for a revenue of USD 14,248.1 million in 2023.
- Collaborative Robots is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Thailand is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 61,038.1 million |
| Market revenue in 2030 | USD 114,448.7 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Robots |
| Fastest growing segment | Collaborative Robots |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, the North America accounted for 21.2% of the global automated material handling equipment market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Thailand is the fastest growing regional market and is projected to reach USD 303.2 million by 2030.
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Automated Material Handling Equipment Market Scope
Automated material handling equipment market segmentation & scope
Robots
Unit Load
Mid & Mini Load
Vertical Lift Module (VLM)
Carousel
Shuttle
Conveyors Systems
Sortation Systems
Cranes
Collaborative Robots
Goods-to-person picking robots
Self-driving Forklifts
Autonomous Inventory Robots
Unmanned Aerial Vehicles
Tow Vehicle
Unit Load Carrier
Pallet Truck
Forklift Truck
Hybrid Vehicles
Others
Warehouse Management System
Automotive
Semiconductor & Electronics
E-Commerce
3PL
Metals & Heavy Machinery
Food & Beverages
Chemicals
Healthcare
Aviation
Others
Automated Material Handling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 23.34% in 2023. Horizon Databook has segmented the Global 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.
- Global Automated Material Handling Equipment Product Outlook (Revenue, USD MIllion, 2018-2030)
- Robots
- AS/RS
- Unit Load
- Mid & Mini Load
- Vertical Lift Module (VLM)
- Carousel
- Shuttle
- Conveyors Systems
- Sortation Systems
- Cranes
- Collaborative Robots
- Autonomous Mobile Robots
- Goods-to-person picking robots
- Self-driving Forklifts
- Autonomous Inventory Robots
- Unmanned Aerial Vehicles
- Automated Guided Vehicle
- Tow Vehicle
- Unit Load Carrier
- Pallet Truck
- Forklift Truck
- Hybrid Vehicles
- Others
- Warehouse Management System
- Global Automated Material Handling Equipment System Type Outlook (Revenue, USD MIllion, 2018-2030)
- Unit Load Material Handling
- Bulk Load Material Handling
- Global Automated Material Handling Equipment Vertical Outlook (Revenue, USD MIllion, 2018-2030)
- Automotive
- Semiconductor & Electronics
- E-Commerce
- 3PL
- Metals & Heavy Machinery
- Food & Beverages
- Chemicals
- Healthcare
- Aviation
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automated material handling equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global automated material handling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global automated material handling equipment market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Automated material handling equipment market size, 2023 (USD MIllion)
Top 10 countries: Automated material handling equipment market size, 2023 (USD MIllion)
Global automated material handling equipment market, by region, 2023 (US$M)
Related regional statistics
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