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. Read More

What is the current APAC AMH Market size?

In 2024, the APAC AMH Market size is expected to reach USD 26.81 billion. Read More

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. Read More

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. Read More

Autonomous Material Handling Market in APAC - AMH

Autonomous Material Handling Market in APAC Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report covers Asia Pacific Automated Material Handling Equipment Market Companies & Industry Trends and it 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 (China, Japan, India, Rest of Asia Pacific).The market size and forecast are provided in terms of values (USD billion) for all the above segments.

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.