Automated material handling report projects sales will hit $26.2 billion by 2018
The segment achieves 25% sales growth in 2013
Global sales of automated material handling equipment are projected to reach $26.2 billion by 2018, according to a new report from Priority Metrics Group, (PMG, pmgco.com), a respected research and consulting firm.
Published under the company’s IndustryInsight banner, the 200-plus page Automated Material Handling Markets Worldwide report also shows that 2013 sales of $19.7 billion reflected a 25% increase over 2011.
The European market dominates automated material handling equipment/systems purchases, accounting for 36.6% of the global share. The United States is next at 23.2%, with Japan and China logging in a collective 11.6% of total global sales.
“The report provides valuable information for companies currently manufacturing automated material handling equipment, or supplying services, or are considering making the leap. It offers comprehensive information and insight not offered in any other single source. You will gain a thorough understanding of the current market, as well as be given insight into projected trends through 2018,” says John Barrett, president, Priority Metrics Group.
The Automated Material Handling report provides valuable data and analysis in seven categories: automated guided vehicles, automated storage and retrieval systems, conveyor systems, palletization, pick systems, sortation systems and software and services.
Market size and growth statistics are provided globally, as well as by region and by system type. The report also provides detailed information on various automated material handling technologies. These include a detailed description, manufacturer, product name, features/benefits and end use applications.
More than 50 detailed tables and charts are included which summarize key information such as sales, key players, market share and growth. In addition, there are multiple figures and diagrams of product designs, new technologies, material flow, etc.
Important trends that will impact the industry are identified and discussed. The report profiles more than 14 leading suppliers of automated material handling equipment and systems and system integrators.
Key industries that benefit from automated material handling systems covered in the report include: 3PL, automotive, bulk mining, food/beverage, hospitals, intermodal, mail order/e-commerce, medical/pharmaceutical, parcel/postal, publishing/printing and wholesale/retail.