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Global Automated Intralogistics Material Handling Solutions Market Analysis and Review By Automation Type (In-Built Machinery, Remote Operated)
In 2023, sales of automated intralogistics material handling solutions in global market is expected to reach US$63.3 Bn and is projected to expand steadily at a CAGR of 14.8% to reach a market valuation of close to US$162.2 Bn by 2033.
| Attributes | Key Insights |
|---|---|
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Europe Automated Intralogistics Material Handling Solutions Market Size (2022A) |
US$49.4 Bn |
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Estimated Market Size (2024E) |
US$63.3 Bn |
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Projected Market Value (2031F) |
US$ 162.2 Bn |
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Value CAGR (2024-2031) |
14.4% |
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Collective Share: Top 3 Countries (2023E) |
45.6% |
With increasing demand from urban warehousing, automation is playing a vital role in intralogistics material handling. Automated material handling equipment is widely used in manufacturing and warehouse units with the aim of reducing downtime and labor costs, efficiently combining manufacturing, transportation and distribution, and generating a fast and high return on investment.
Moreover, the material handling industry has been revolutionized by the convergence of emerging technologies such as artificial intelligence and Internet of Things, which have created the latest trends and advancements for the industry. The increasing complexity, increasing contrast of applications, dynamics of production systems, fewer order quantities and the associated small batch production are few of the many challenges which intralogistics systems fail to deal with and result in restrained growth of the market.
However, industrialization and increase in spending on R&D are the factors that are expected to fuel the market growth of automated intralogistics material handling solutions across the globe during the assessment period, the automated intralogistics material handling solutions market is expected to experience demand growth with CAGR of 14.4% during the forecasted period.
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From 2018 to 2022, the global automated intralogistics material handling solutions market expanded at a CAGR of around 6.8%. Technological developments such as data mining methods and deep learning algorithms can be used to increase the automation of data collection, determining which information is relevant for each logistics task. For instance, robotic arms can assess their performance and adjust their movements in the future, while data mining tools can detect trends from marker evaluations.
The steering angle of automated guided vehicles (AGVs) can be adjusted using deep learning algorithms for virtual path navigation and human safety. The overall goal is to put the research findings into practice, resulting in an intelligent logistics system that generates profitable sales. With rapid development of industrial sector across the developing as well as developed economies the demand for automated intralogistics material handling solutions is also expected to expand, Persistence Market Research expects the market to expand at a 14.8% CAGR through 2033.
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The e-commerce business is booming as a result of the exceptional increase in the number of online customers following the COVID-19 epidemic. In their facilities, e-commerce enterprises have implemented automation conveyor systems or AGV, which transport materials from one point to a goods-to-operator station, the most efficient way to process orders. The number of online customers has skyrocketed, resulting in a boom in the e-commerce industry. Automation has been widely utilized in e-commerce facilities, benefiting the growth of the market.
The most efficient method of processing orders is to use conveyor systems. With palletizing robots and AMR robots, the operator becomes 25% more efficient, and in a large distribution center with single-order picking across great distances, the operator gets up to 75% more efficient.
“Challenges When Used With Contrasting Applications”
Intralogistics material handling in warehouses or other facilities is a significant element given that it increases the efficiency of transport systems. In production sites, distribution sites, cross-docking sites, various requirements of autonomous systems must be fulfilled according to the need of the facility. The main aim is to ensure a feasible and economic in-house material handling medium having a high service level and least maintenance.
It must provide high return on investment because it is one time investment for most end-users. The increasing complexity, increasing contrast of applications, dynamics of production systems, fewer order quantities and the associated small batch production are few of the many challenges which intralogistics systems fail to deal with and they result in restrained growth of the market.
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With an absolute dollar opportunity of approximately USD 16.5 billion, North America is expected to be the most lucrative market for providers of automated intralogistics material handling solutions. The U.S. leads the North American market and is expected to witness high growth during 2023-2033.
The presence of key players involved in influencing the dynamics of the global market makes it an important region in the target market and offers great opportunity for sales of automated intralogistics material handling solutions.
Which is the Most Prominent Market for Automated Intralogistics Material Handling Solutions in Europe?
The demand in the German market is expected to grow at a CAGR of nearly 15.9% during the forecast period. It is close to other European countries and is also regarded as the home of technological innovation, being one of the top machinery manufacturers in the world. It is considered as a major market and is expected to sustain high demand during the forecast period.
Experts with the expertise and product portfolio to deliver the software and hardware required for Industry 4.0 are capitalizing on the energy-saving trend. Rising energy costs lead to greater investment in energy efficiency and automated intralogistics solutions.
Why the Demand of Automated Intralogistics Material Handling Solutions is Surging in GCC Market?
With a CAGR of 9.8%, GCC is expected to be nearly half of the total market in Middle East & Africa throughout the assessment period and experience significant expansion. Several companies in the region are gaining the benefits of logistics automation, and the demand for automated logistics solutions is growing in industries ranging from retail FMCG to pharmaceuticals. New digital transformation trends such as inventory management and real-time data monitoring have severely disrupted industry flows.
By Automation Type Segment, Which Type of Automated Intralogistics Material Handling Solutions is highly popular Amongst the End Users?
By the end of the assessment period, remotely operated automated material handling systems is close to account for around 60% of the global market. To modernize more warehouses around the world, remotely operated technology is being rolled out more than ever.
This adds greater safety to the workplace and facilitates material handling operations. Gantry cranes, overhead cranes, container handling equipment, and even coil handling equipment can all benefit from remote control technology. This type of material handling allows operators to emphasis more on their loads and less on the equipment itself, keeping everyone safe.
Which Equipment of Automated Intralogistics Material Handling Solutions is Highly in Demand?
For more than a decade, autonomous mobile robots (AMRs) have been used in warehouses, distribution centers, and manufacturing facilities. Over time, more experienced material handling companies have begun to incorporate them more broadly into their solutions. AMR offers more application flexibility than typical conveyor belts or other technologies such as monorails.
They show great potential for increasing fulfilment speed, especially when it comes to palletized shipments. From 2023 to 2033, the segment is expected to create an absolute dollar opportunity of over US$ 17.8 billion. AMRs are helping to streamline operations across industrial sites.
Which sector is adopting Automated Intralogistics Material Handling Solutions Significantly?
From 2023 to 2033, the storage industry is projected to create an absolute dollar opportunity of more than $76.2 billion. Automated intralogistics material handling solutions used in storage systems include mobile racking systems, flow racking, compact storage, cantilever racking, FIFO racking, multi-level racking and many more.
Due to the development of warehouse infrastructure, storage systems are utilized more efficiently to meet the increasing demand.
By End Use Sector Segment, Which Equipment of Automated Intralogistics Material Handling Solutions is Highly in Demand?
From 2023 to 2033, manufacturing is expected to create an absolute dollar opportunity of more than $59.6 billion. Automated intralogistics material handling solutions for advanced manufacturing applications are used in numerous industries such as the automotive industry, tire industry, chemical, pharmaceutical, textile, food and beverage, and consumer goods. Material handling plays a pivotal role in manufacturing.
The majority of the companies profiled in the report have emphasized mergers and acquisitions over product launches. Innovation, partnerships, strategic alliances, collaboration, and bolstering local and international distribution networks are all examples of strategies.
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Forecast Period |
2024-2031 |
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Historical Data Available for |
2018-2022 |
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Report Coverage |
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Customization & Pricing |
Available upon Request |
By Automation Type, the Global Automated Intralogistics Material Handling Solutions Market is segmented as:
By Equipment Type, the Global Automated Intralogistics Material Handling Solutions Market is segmented as:
By Application, the Global Automated Intralogistics Material Handling Solutions Market is segmented as:
By End Use Sector, the Global Automated Intralogistics Material Handling Solutions Market is segmented as:
By Region, the Global Automated Intralogistics Material Handling Solutions Market is segmented as:
Automated Intralogistics Material Handling Solutions Market is expected to reach US$ 55.9 Bn in 2023.
Demand for Automated Intralogistics Material Handling Solutions will increase by 14.8% during the forecasted period from 2023 to 2033.
Linde Material Handling, Dematic, Jungheinrich AG, Daifuku Co., Ltd., Toyota Industries Corporation, Mitsubishi Logisnext Co., Ltd., and others are the leading market players which hold around 22 to 25% of the market share.
The demand in Germany is expected to increase by 15.7% CAGR from 2024 to 2033 on a value basis.
U.S., China, and Germany are the leading countries in the Global Automated Intralogistics Material Handling Solutions Market.
