Automated Handling and Conveying System Market: Trends, Forecast, and Competitive Analysis to 2031

Executive Summary

The Automated Handling and Conveying System market research reports indicate that the market is expected to grow at a CAGR of % during the forecasted period. The market conditions suggest a rapidly expanding industry as companies aim to improve operational efficiency and reduce labor costs through automation.

The market trends show a growing demand for Automated Handling and Conveying Systems due to the need for faster and more efficient handling and transportation processes. Industries such as manufacturing, logistics, and healthcare are increasingly adopting automated systems to streamline their operations and meet the growing demand for products and services.

Geographically, the market is spread across North America, Asia-Pacific, Europe, the USA, and China. North America is leading the market due to the presence of key players and the adoption of advanced technologies. Asia-Pacific is also a significant market due to rapid industrialization and increasing investments in automation technologies. Europe, the USA, and China are also key markets with growing demand for automated handling and conveying systems.

In conclusion, the Automated Handling and Conveying System market is poised for significant growth in the coming years, driven by the need for increased efficiency and productivity in various industries. With a CAGR of 5.4%, the market is expected to expand further and offer lucrative opportunities for both existing players and new entrants in the industry.

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Market Segmentation:

This Automated Handling and Conveying System Market is further classified into Overview, Deployment, Application, and Region.

In terms of Components, Automated Handling and Conveying System Market is segmented into:

Daifuku Co.,Ltd
SSI Schaefer
DEMATIC
Honeywell Intelligrated
Okamura
Murata Machinery, Ltd.
VanderLande Industries
Knapp AG
Swisslog (KUKA)
Chinaconveyor
SIASUN Robot & Automation

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The Automated Handling and Conveying System Market Analysis by types is segmented into:

Field Equipment
Solutions and Systems

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The Automated Handling and Conveying System Market Industry Research by Application is segmented into:

Automotive
Tobacco
Medical
Machinery
Chain Retail
Food and Beverage
Other

In terms of Region, the Automated Handling and Conveying System Market Players available by Region are:

North America:

United States
Canada

Europe:

Germany
France
U.K.
Italy
Russia

Asia-Pacific:

China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia

Latin America:

Mexico
Brazil
Argentina Korea
Colombia

Middle East & Africa:

Turkey
Saudi
Arabia
UAE
Korea

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Key Drivers and Barriers in the Automated Handling and Conveying System Market

Key drivers in the Automated Handling and Conveying System market include increased efficiency, reduced labor costs, improved safety, and growing demand for automation in various industries. Barriers to market growth include high initial investment costs, lack of skilled labor for system maintenance, and resistance to change from traditional manual handling methods.

Challenges faced in the market include technological advancements leading to rapid obsolescence of current systems, integration complexities with existing infrastructure, and concerns about data security and cybersecurity threats. Additionally, regulatory compliance and the need for continuous system monitoring and maintenance are ongoing challenges for market players.

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Competitive Landscape

Daifuku Co., Ltd is a Japanese multinational company that specializes in material handling systems and equipment. The company was founded in 1937 and has since grown to become a global leader in the automated handling and conveying system market. Daifuku has a strong presence in various industries such as automotive, e-commerce, and logistics. The company's market growth has been fueled by its innovative solutions that improve efficiency and productivity in warehouse and distribution centers.

SSI Schaefer is a German-based company that offers a wide range of products and solutions for intralogistics, including automated handling and conveying systems. The company has a long history dating back to 1937 and has established itself as a key player in the global market. SSI Schaefer's solutions are known for their high quality, reliability, and scalability, making them a preferred choice for many businesses.

Honeywell Intelligrated is a provider of automated material handling solutions, including conveyor systems, sortation equipment, and warehouse control software. The company has experienced significant growth in recent years, driven by the increasing demand for automation in the logistics sector. Honeywell Intelligrated's solutions are designed to optimize operational efficiency and reduce labor costs, making them a popular choice for companies looking to streamline their operations.

In terms of sales revenue, Daifuku Co., Ltd reported sales of approximately $4.5 billion in 2020. SSI Schaefer recorded sales revenue of around $2.7 billion in the same year. Honeywell Intelligrated's sales revenue was approximately $36 billion in 2020. These figures highlight the strong market presence and financial performance of these companies in the automated handling and conveying system market.

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