Colombia Automated Material Handling Equipment Market Size & Outlook
Colombia automated material handling equipment market, 2018-2030 (US$M)
Related Markets
Colombia automated material handling equipment market highlights
- The Colombia automated material handling equipment market generated a revenue of USD 259.0 million in 2023 and is expected to reach USD 523.8 million by 2030.
- The Colombia market is expected to grow at a CAGR of 10.6% 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 259.0 million |
| Market revenue in 2030 | USD 523.8 million |
| Growth rate | 10.6% (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, Colombia 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Automated Material Handling Equipment Market Scope
Automated Material Handling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Colombia 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 24.05% in 2023. Horizon Databook has segmented the Colombia 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.
Columbia has been rapidly modernizing its manufacturing industry, with the adoption of automated material handling equipment playing a pivotal role in increasing efficiency and productivity. The Colombian government has recognized the importance of adopting advanced manufacturing technologies to improve the competitiveness of the country's economy.
One example of the Colombian government's recognition of the importance of advanced manufacturing technologies is its establishment of the National Program for the Development of the Fourth Industrial Revolution (4IR).
By investing in developing advanced technologies and promoting their adoption in various industries, the Colombian government aims to improve the competitiveness of the country's economy and ensure that Colombian businesses and workers are prepared for the changing global market.
Reasons to subscribe to Colombia automated material handling equipment market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Colombia automated material handling equipment market databook
-
Our clientele includes a mix of automated material handling equipment market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Colombia automated material handling equipment market , including forecasts for subscribers. This country databook contains high-level insights into Colombia automated material handling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Colombia automated material handling equipment market size, by product, 2018-2030 (US$M)
Colombia Automated Material Handling Equipment Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
