The global automated material handling equipment market size reached USD 42.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 72.6 Billion by 2033, exhibiting a growth rate (CAGR) of 5.89% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 42.3 Billion |
Market Forecast in 2033
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USD 72.6 Billion |
Market Growth Rate 2025-2033 | 5.89% |
Material handling involves a wide range of activities, including movement, protection, storage and control, which are performed during manufacturing, warehousing, distribution, consumption and disposal of products and materials. It is nowadays commonly conducted using automated material handling equipment to reduce human intervention and improve logistics management. It also helps in forecasting, production planning, resource allocation, inventory control, flow and process management, and after-sales support and services. Consequently, several organizations are relying on automated handling equipment to improve customer service, reduce inventory, shorten delivery time and lower overall handling costs.
Rapid industrialization, the emergence of the Fourth Industrial Revolution (Industry 4.0) and the widespread adoption of the internet of things (IoT), artificial intelligence (AI) and radio frequency identification (RFID) technologies are among the major factors spurring the market growth. Apart from this, due to the substantial rise in the aerospace, agriculture, automotive and construction industries, leading companies in these sectors are utilizing next-generation automated material handling equipment to modernize manufacturing processes, increase flexibility in warehouse operations and enhance transparency in the supply chain. Moreover, key players are emphasizing on mergers and acquisitions (M&A), collaborations and partnerships with other companies to introduce innovative products. Furthermore, on account of the coronavirus disease (COVID-19) outbreak, implementation of social distancing rules by governing agencies and the rising adoption of remote working models, these players are also focusing on automating and digitizing the supply chains. This, in turn, is expected to provide a positive impact on the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global automated material handling equipment market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on component, product, function, system type and end use industry.
Breakup by Component:
Breakup by Product:
Breakup by Function:
Breakup by System Type:
Breakup by End Use Industry:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being BEUMER Group GmbH & Co. KG, Daifuku Co. Ltd., Honeywell International Inc., JBT Corporation, Kion Group AG, KNAPP AG, KUKA Aktiengesellschaft (Midea Group Co. Ltd.), Murata Machinery Ltd., TGW Logistics Group GmbH, Toyota Industries Corporation and Viastore Systems GmbH.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Component, Product, Function, System Type, End Use Industry, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | BEUMER Group GmbH & Co. KG, Daifuku Co. Ltd., Honeywell International Inc., JBT Corporation, Kion Group AG, KNAPP AG, KUKA Aktiengesellschaft (Midea Group Co. Ltd.), Murata Machinery Ltd., TGW Logistics Group GmbH, Toyota Industries Corporation and Viastore Systems GmbH |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The growing penetration of the Internet of Things (IoT), Artificial Intelligence (AI) and Radio Frequency Identification (RFID) technologies to reduce human intervention and improve logistics management is currently catalyzing the global automated material handling equipment market.
The sudden outbreak of COVID-19 pandemic has led to the rising adoption of automated material handling equipment by several organizations to improve customer service, shorten delivery time, and lower overall handling costs.
Based on the component, the global automated material handling equipment market can be segmented into hardware, software, and services. Currently, hardware holds the majority of the total market share.
Based on the product, the global automated material handling equipment market has been divided into conveyors and sorting systems, automated storage and retrieval systems, robots, automated guided vehicles, and others, where automated storage and retrieval systems currently exhibit a clear dominance in the market.
Based on the function, the global automated material handling equipment market can be categorized into assembling, packaging, storage, transportation, distribution, and others. Among these, storage accounts for the majority of the global market share.
Based on the system type, the global automated material handling equipment market has been segmented into unit load and bulk load. Currently, unit load accounts for the largest market share.
Based on the end use industry, the global automated material handling equipment market can be categorized into automotive, chemicals, aviation, semiconductor and electronics, e-commerce, food and beverages, healthcare, and others. Among these, the automotive industry currently exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global automated material handling equipment market include BEUMER Group GmbH & Co. KG, Daifuku Co. Ltd., Honeywell International Inc., JBT Corporation, Kion Group AG, KNAPP AG, KUKA Aktiengesellschaft (Midea Group Co. Ltd.), Murata Machinery Ltd., TGW Logistics Group GmbH, Toyota Industries Corporation, and Viastore Systems GmbH.