UK Automated Material Handling Equipment Market Size & Outlook
UK automated material handling equipment market, 2018-2030 (US$M)
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UK automated material handling equipment market highlights
- The UK automated material handling equipment market generated a revenue of USD 2,416.1 million in 2023 and is expected to reach USD 4,778.9 million by 2030.
- The UK market is expected to grow at a CAGR of 10.2% 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 2,416.1 million |
| Market revenue in 2030 | USD 4,778.9 million |
| Growth rate | 10.2% (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, UK accounted for 4.0% 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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UK 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 23.08% in 2023. Horizon Databook has segmented the UK 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.
The automated material handling equipment market in the U.K. is experiencing significant growth. The U.K.'s exit from the European Union (EU), commonly known as Brexit, has resulted in changes in trade policies, customs procedures, and supply chain dynamics.
To adapt to the post-Brexit landscape, many businesses in the U.K. invest in automated material handling equipment to optimize their supply chain operations, improve efficiency, and comply with new regulations.
Moreover, the COVID-19 pandemic has highlighted the importance of resilient supply chains. Companies in the U.K. are increasingly investing in automated material handling equipment to build more resilient and flexible supply chains that can adapt to disruptions, minimize downtime, and ensure business continuity.
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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 UK automated material handling equipment market , including forecasts for subscribers. This country databook contains high-level insights into UK automated material handling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK automated material handling equipment market size, by product, 2018-2030 (US$M)
UK Automated Material Handling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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