Argentina Automated Material Handling Equipment Market Size & Outlook
Argentina automated material handling equipment market, 2018-2030 (US$M)
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Argentina automated material handling equipment market highlights
- The Argentina automated material handling equipment market generated a revenue of USD 269.9 million in 2023 and is expected to reach USD 486.4 million by 2030.
- The Argentina 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 269.9 million |
| Market revenue in 2030 | USD 486.4 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, Argentina accounted for 0.4% 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 Latin America, Mexico automated material handling equipment market is projected to lead the regional market in terms of revenue in 2030.
- Chile is the fastest growing regional market in Latin America and is projected to reach USD 384.5 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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Argentina 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 24.16% in 2023. Horizon Databook has segmented the Argentina 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.
In Argentina, the adoption of AMH equipment is still in its early stages compared to other countries in the region, but it is growing steadily. Argentina's companies increasingly rely on automated solutions such as conveyor systems, automated guided vehicles (AGVs), and robotic palletizers to streamline operations and reduce labor costs.
The government has also established training programs to develop the necessary skills and expertise to operate and maintain AMH equipment. For example, the National Institute of Industrial Technology (INTI) provides training courses on automation technologies for workers in the manufacturing industry.
As the demand for efficient and reliable material handling equipment grows in Argentina, more companies will likely invest in automated solutions to improve their operations and gain a competitive edge in the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina automated material handling equipment market , including forecasts for subscribers. This country databook contains high-level insights into Argentina automated material handling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina automated material handling equipment market size, by product, 2018-2030 (US$M)
Argentina Automated Material Handling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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