APAC Automated Material Handling (AMH) Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 26.81 Billion |
| Market Size (2029) | USD 47.38 Billion |
| CAGR (2024 - 2029) | 12.07 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Automated Material Handling (AMH) Market Analysis
The APAC AMH Market size is estimated at USD 26.81 billion in 2024, and is expected to reach USD 47.38 billion by 2029, growing at a CAGR of 12.07% during the forecast period (2024-2029).
The automated material handling market in the Asia Pacific region is becoming increasingly integrated, with China as the core, bolstering its strong economic growth. Sectors, such as manufacturing, have driven much of this economic activity and have increasingly made supply chains complex.
- In some Asia Pacific countries, the land for warehousing is becoming increasingly limited. In these areas, warehouses are expected to increase, with multi-story facilities and taller, narrower aisles. These trends are expected to drive the demand for material handling systems.
- Developing countries in Asia, such as India, significantly invest in material handling equipment. According to the Wisconsin Economic Development Corporation, the Indian market for materials handling equipment (MHE), accounting for about 13% of the market share of the country's construction equipment industry, witnessed significant growth in the recent past.
- The Asia Pacific emerged as one of the world's largest e-commerce hubs. The region witnessed a rapid growth in retail e-commerce, owing to the rising middle-class population in China, India, and Indonesia, along with the popularity of mobile gadgets. China alone accounts for 40% of the world's retail e-commerce sales.
- The food & beverage industry is witnessing high adoption of equipment due to the rising demand for automation. The automated technologies will allow these companies to perform their tasks in comparatively less time and effort. For instance, the Coca-Cola company has opened warehouses in Singapore valued at around USD 57 million to have automated storage and retrieval systems.
- Developing countries in Asia, such as India, significantly invest in material handling equipment. According to the Wisconsin Economic Development Corporation, the Indian market for materials handling equipment (MHE), accounting for about 13% of the market share of the country's construction equipment industry, witnessed significant growth in the recent past.
- The COVID-19 pandemic, which hit major countries like China, Japan, and India severely, is expected to influence the market's growth during 2022, as almost all production, logistics, and warehouses are under lockdown. Bringing unique challenges of social distancing and contactless operation has changed the standard operating procedure. Organizations were forced to limit the workforce and deal with the increasing demand.
APAC Automated Material Handling (AMH) Market Trends
This section covers the major market trends shaping the APAC Automated Material Handling Market according to our research experts:
Airports to Hold a Dominant Market Share
- Several countries realize the importance of investing in airports, as passengers are more likely to spend time and money in a pleasant and stress-free ambiance. The use of conveyors and sortation systems in major and small airports effectively reduces several inconveniences, from check-in to onboarding. This provides customers with a hassle-free experience.
- India and China are major contributors to the aviation industry developments in the region, owing to increasing per capita GDP and domestic air connectivity. For instance, according to the ICAO, Asia Pacific recorded 70% of the domestic traffic share.
- The Chinese aviation market is expected to witness significant growth over the next few years, as its three largest airlines, such as Air China, China Southern, and China Eastern, have ambitious fleet plans that will put their sizes at the top of airlines globally. China's major airports in Shanghai and Beijing are also undergoing major expansion plans.
- According to the Chinese Tourism Outbound Research Institute, by the end of 2030, the number of outbound trips made by Chinese travelers is expected to reach approximately 400 million, and Chinese tourists alone are likely to account for a quarter of international tourism. To ensure adequate support for such growth, airports need to have advanced systems. This is expected to impact the market's growth positively over the forecast period.
China to Hold Significant Market Share
- China has been a prominent contributor to the growth of the AMH market in the Asia Pacific region. The increasing demand for AMH products across industries, such as manufacturing, automotive, and e-commerce, is positively boosting the market's growth.
- China has a vast population and pursues an industrial policy. Measured on the PPP basis, the country became the world's largest economy and exporter, and trader during the current decade. The country is currently passing through the transition state of being manufacturing- and construction-led economy to a consumer-led economy.
- The ten-year plan, introduced in May 2015, is the government's bid to shift the industries up to the medium-high end of the global value chain and foster several advanced manufacturing clusters.
- With the adoption of automation in manufacturing, China is expected to cut manufacturing costs by 30% by 2025. The dearth of skilled labor, complicated by the one-child policy and an aging workforce, requires job activities to be eased to maintain productivity at work.
APAC Automated Material Handling (AMH) Industry Overview
The Asia Pacific automated material handling market is fragmented and highly competitive in nature. Product launches, high expense on research and development, partnerships and acquisitions, etc., are the prime growth strategies adopted by the companies in the country to sustain the intense competition.
- January 2022 - Wise Robotics partnered VisionNavRobotics to bring greater innovation to UK warehouses. The collaboration means VisionNav'sinnovative technology is expected to be available as part of the Wise Robotics range. This is expected to help UK operators increase order fulfillment and reduce the ongoing costs related to running a warehouse in the face of well-documented supply chain challenges.
- December 2021- KION Group announced the expansion in its Asia Pacific operations by opening a new forklift plant in China. Such expansion indicates direct funding activities and is expected to create more than 1,000 new jobs in Jinan in the medium term. The total volume for the Geek's counterbalance truck plant and an additional plant for supply chain solutions in the immediate vicinity, plus an R&D center and a technology center, comes to around EUR 140 million. Alongside the direct investment, the creation of jobs indicates the growth of a healthy economy surrounding the studied market in the region.
- November 2021 - Jungheinrich AG acquired arculus GmbH, a Munich-based autonomous mobile robot (AMR) developer, for an undisclosed amount. Arculus designs and manufactures AMRs, modular production platforms, and software solutions for mobile automation. Through this acquisition, Jungheinrich added hardware and software solutions in the rapidly-growing AMR sector to its portfolio of automation systems.
APAC Automated Material Handling (AMH) Market Leaders
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DAIFUKU Co. Ltd.
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Toyota Industries Corporation
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Kardex Group
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KION Group
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JBT Corporation
*Disclaimer: Major Players sorted in no particular order
APAC Automated Material Handling (AMH) Market News
- August 2022 - Juki Automation Systems (JAS), Inc., a world-leading provider of automated assembly products and systems, announced plans to exhibit at the SMTA Guadalajara Expo & Tech Forum to demonstrate the award-winning Autonomous Material Handling System and JM-50 to demonstrate the award-winning Autonomous Material Handling System and JM-50.
- June 2022 - Lodige Industries announced the installation of a new fully automated air cargo terminal at Chengdu Tianfu International Airport. The core of the new international cargo facility consists of two elevating transfer vehicles (ETVs) with a five-level, three-directional automated ULD storage and handling system for 227 20ft storage positions, ensuring a smooth and efficient flow of cargo at the cutting-edge airport.
- March 2022 - VisionNav Robotics demonstrated the applications of the VNP15 counterbalanced automated forklift in the stacking scenario of multi-layer material frames at the MODEX 2022 site.
- December 2021 - In Jinan, China, the KION Group establishes a new forklift truck manufacturing. Jinan is the fifth-largest production site in China for the KION Group. Industrial vehicles from KION's Linde Material Handling and Baoli brands will be constructed in the future on a 2,400,000-square-foot site, which is roughly comparable to over 31 soccer fields.
- September 2021 - AFT Industries AG and Daifuku of Japan have created a cooperative business agreement aimed at leveraging both businesses' material handling capabilities in the automobile industry. Both companies will take advantage of this mutually beneficial business cooperation to expand their worldwide reach and obtain increased demand and investment from automakers.
APAC Automated Material Handling (AMH) Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Industry Value Chain Analysis
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
- 4.4 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Increasing Technological Advancments Aiding Market Growth
- 5.1.2 Industry 4.0 Investments Driving The Demand For Automation And Material Handling
- 5.1.3 Rapid Growth In E-commerce
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5.2 Market Challenges/restraints
- 5.2.1 High Initial Costs
- 5.2.2 Unavailability Of Skilled Workforce
6. MARKET SEGMENTATION
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6.1 By Product Type
- 6.1.1 Hardware
- 6.1.2 Software
- 6.1.3 Services
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6.2 By Equipment Type
- 6.2.1 Mobile Robots
- 6.2.1.1 Automated Guided Vehicle (AGV)
- 6.2.1.1.1 Automated Forklift
- 6.2.1.1.2 Automated Tow/Tractor/Tug
- 6.2.1.1.3 Unit Load
- 6.2.1.1.4 Assembly Line
- 6.2.1.1.5 Special Purpose
- 6.2.1.2 Autonomous Mobile Robots (AMR)
- 6.2.1.3 Laser Guided Vehicle
- 6.2.2 Automated Storage and Retrieval System (ASRS)
- 6.2.2.1 Fixed Aisle (Stacker Crane + Shuttle System)
- 6.2.2.2 Carousel (Horizontal Carousel + Vertical Carousel)
- 6.2.2.3 Vertical Lift Module
- 6.2.3 Automated Conveyor
- 6.2.3.1 Belt
- 6.2.3.2 Roller
- 6.2.3.3 Pallet
- 6.2.3.4 Overhead
- 6.2.4 Palletizer
- 6.2.4.1 Conventional (High Level + Low Level)
- 6.2.4.2 Robotic
- 6.2.5 Sortation System
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6.3 By End-user Vertical
- 6.3.1 Airport
- 6.3.2 Automotive
- 6.3.3 Food and Beverage
- 6.3.4 Retail/Warehousing/ Distribution Centers/Logistic Centers
- 6.3.5 General Manufacturing
- 6.3.6 Pharmaceuticals
- 6.3.7 Post and Parcel
- 6.3.8 Other End-Users
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6.4 By Country
- 6.4.1 China
- 6.4.2 Japan
- 6.4.3 Indonesia
- 6.4.4 India
- 6.4.5 Australia
- 6.4.6 Thailand
- 6.4.7 South Korea
- 6.4.8 Singapore
- 6.4.9 Malaysia
- 6.4.10 Taiwan
- 6.4.11 Rest of Asia Pacific
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles
- 7.1.1 DAIFUKU Co. Ltd.
- 7.1.2 Kardex Group
- 7.1.3 KION Group
- 7.1.4 JBT Corporation
- 7.1.5 Jungheinrich AG
- 7.1.6 SSI Schaefer AG
- 7.1.7 VisionNav Robotics
- 7.1.8 System Logistics
- 7.1.9 BEUMER Group GmbH & Co. KG
- 7.1.10 Interroll Group
- 7.1.11 Witron Logistik
- 7.1.12 Kuka AG
- 7.1.13 Honeywell Intelligrated Inc.
- 7.1.14 Murata Machinery Ltd
- 7.1.15 Toyota Industries Corporation
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
APAC Automated Material Handling (AMH) Industry Segmentation
Automated material handling equipment eliminates the need for human interference in a material handling process. Continuous rise in the demand for automation, with the advent of technologies, such as robotics, wireless technologies, and driverless vehicles, in different industries, like food and beverages, retail, general manufacturing, pharmaceuticals, and post and parcel, revolutionized the adoption of automated material handling equipment.
The Asia Pacific Automated Material Handling Market is segmented by Product Type ( Hardware, Software, Services), By Equipment Type (Mobile Robots (Automated Guided Vehicles, Autonomous Mobile Robots), Automated Storage and Retrieval System (Fixed Aisle, Carousel, Vertical Lift Module), Automated Conveyors (Belt, Roller, Pallet, Overhead), Palletizers (Conventional, Robotic), Sortation System), End-user Vertical (Airport, Automotive, Food and Beverage, Retail, Warehousing/Distribution Centers/Logistics Centers, General Manufacturing, Pharmaceutical, Post and Parcel, and Electronics And Semi-Conductor Manufacturing ), and Country.
| By Product Type | Hardware | ||
| Software | |||
| Services | |||
| By Equipment Type | Mobile Robots | Automated Guided Vehicle (AGV) | Automated Forklift |
| Automated Tow/Tractor/Tug | |||
| Unit Load | |||
| Assembly Line | |||
| Special Purpose | |||
| By Equipment Type | Mobile Robots | Autonomous Mobile Robots (AMR) | |
| Laser Guided Vehicle | |||
| By Equipment Type | Automated Storage and Retrieval System (ASRS) | Fixed Aisle (Stacker Crane + Shuttle System) | |
| Carousel (Horizontal Carousel + Vertical Carousel) | |||
| Vertical Lift Module | |||
| By Equipment Type | Automated Conveyor | Belt | |
| Roller | |||
| Pallet | |||
| Overhead | |||
| By Equipment Type | Palletizer | Conventional (High Level + Low Level) | |
| Robotic | |||
| By Equipment Type | Sortation System | ||
| By End-user Vertical | Airport | ||
| Automotive | |||
| Food and Beverage | |||
| Retail/Warehousing/ Distribution Centers/Logistic Centers | |||
| General Manufacturing | |||
| Pharmaceuticals | |||
| Post and Parcel | |||
| Other End-Users | |||
| By Country | China | ||
| Japan | |||
| Indonesia | |||
| India | |||
| Australia | |||
| Thailand | |||
| South Korea | |||
| Singapore | |||
| Malaysia | |||
| Taiwan | |||
| Rest of Asia Pacific |
APAC Automated Material Handling (AMH) Market Research FAQs
How big is the APAC AMH Market?
The APAC AMH Market size is expected to reach USD 26.81 billion in 2024 and grow at a CAGR of 12.07% to reach USD 47.38 billion by 2029.
What is the current APAC AMH Market size?
In 2024, the APAC AMH Market size is expected to reach USD 26.81 billion.
Who are the key players in APAC AMH Market?
DAIFUKU Co. Ltd., Toyota Industries Corporation, Kardex Group, KION Group and JBT Corporation are the major companies operating in the APAC AMH Market.
What years does this APAC AMH Market cover, and what was the market size in 2023?
In 2023, the APAC AMH Market size was estimated at USD 23.92 billion. The report covers the APAC AMH Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the APAC AMH Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Autonomous Material Handling in APAC Industry Report
Statistics for the 2024 Autonomous Material Handling in APAC market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Autonomous Material Handling in APAC analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
