Top Automated Material Handling Equipment Companies

Global Automated Material Handling Equipment Market size was valued at USD 61.04 Billion in 2023 and is poised to grow from USD 66.96 Billion in 2024 to USD 140.43 Billion by 2032, growing at a CAGR of 9.7% in the forecast period (2025-2032).

The automated material handling equipment industry is characterized by fierce competition between global and regional players striving for innovation, efficiency and technological advancements. Major players such as Kion Group and Daifuku are expanding their businesses by acquiring small businesses and other start-ups to enhance their capabilities. Companies like Dematic and Honeywell are introducing AI-integrated material handling systems to improve automation, flexibility and efficiency. Collaborations between equipment manufacturers and end-users, such as Toyota Material Handling and the Microsoft partnership, support innovation in robotics and warehouse management. 'Daifuku Co., Ltd.', 'KION GROUP AG', 'Schaefer Systems International, Inc.', 'Honeywell International Inc.', 'Toyota Material Handling International', 'Hyster-Yale Materials Handling, Inc.', 'Jungheinrich AG', 'Hanwha Group', 'JBT', 'KUKA AG'

The e-commerce is growing at a rapid pace across the globe resulting in huge demand for process automation. Key vendors such as Amazon, Walmart, and others are increasingly integrating automated solutions to carry out operations in a manner that is efficient, precise, cost-effective, and safe. For instance, in January 2020, Amazon signed up a deal with Baylo, a French robotic software startup. This commercial agreement will add value to design and develop innovative robotic solutions for material handling trucks. This strategic move will enhance Amazon’s warehouse material handling functioning, further easing the e-commerce business.

Evolution of Industry 4.0 and Smart Factories is Fueling Product Demand: The rising trends towards smart factories are anticipated to boost the market. The entire manufacturing floor including picking, sorting, and conveying systems require monitoring at every level of process to gauge the operational efficiency and reduce wastages. In such scenarios, smart factories integrated with automated systems enable monitoring of every process. Also, various intuitive technologies embedded in material handling systems such as cloud connectivity and data analytics improve asset performance and provide actionable information in real-time.

As per the automated material handling equipment outlook, North America is dominating during the forecast period. North America is a hub of technological innovation, driving the development of new and more advanced AMH equipment. Companies in the region are investing heavily in research and development to create more efficient, flexible, and intelligent systems. For instance, in March 2023, ABB announced the expansion of a manufacturing facility in Auburn Hills, Michigan, subsequently expanding the installation of AMH equipment. The expansion of the Auburn Hills facility is expected to create new job opportunities in the region, further strengthening ABB's contribution to the local economy.