U.S. Automated Material Handling Equipment Market Size & Outlook
U.S. automated material handling equipment market, 2018-2030 (US$M)
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U.S. automated material handling equipment market highlights
- The U.S. automated material handling equipment market generated a revenue of USD 11,023.8 million in 2023 and is expected to reach USD 22,207.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 10.5% 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 11,023.8 million |
| Market revenue in 2030 | USD 22,207.6 million |
| Growth rate | 10.5% (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, U.S. accounted for 18.1% 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 North America, U.S. automated material handling equipment market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,230.0 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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U.S. 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 23.55% in 2023. Horizon Databook has segmented the U.S. 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 U.S. is the major producer of automated material handling equipment for warehouse automation, including fulfillment centers. The production of such equipment is rapidly increasing, fueled by advancements in technology and increased investments in automation.
Advances in artificial intelligence (AI), machine learning, sensors, mobile networking technology, and vision technology have significantly enhanced the mobility, connectivity, and collaboration of automated material handling equipment.
These technologies have enabled automated equipment to become more intelligent, adaptable, and efficient in their operations. For instance, in April 2020, United Parcel Service of America, Inc., an American supply chain management and package delivery company, launched the warehouse execution system (WES) to increase order intake and fulfillment efficiency.
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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 U.S. automated material handling equipment market , including forecasts for subscribers. This country databook contains high-level insights into U.S. automated material handling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. automated material handling equipment market size, by product, 2018-2030 (US$M)
U.S. Automated Material Handling Equipment Market Outlook Share, 2023 & 2030 (US$M)
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