Market Size of APAC AMH Industry
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) 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 | |||||||||||
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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 AMH Market Size Summary
The Asia Pacific automated material handling (AMH) market is experiencing significant growth, driven by the region's rapid industrialization and the increasing complexity of supply chains. China plays a pivotal role in this expansion, with its robust economic policies and industrial strategies fostering demand across various sectors, including manufacturing, automotive, and e-commerce. The region's burgeoning e-commerce industry, particularly in China, India, and Indonesia, is a major contributor to this growth, as the rising middle class and the proliferation of mobile technology continue to boost retail sales. Additionally, the food and beverage sector is increasingly adopting automated solutions to enhance efficiency and meet rising consumer demands. The limited availability of land for warehousing in some countries is prompting the development of multi-story facilities, further driving the need for advanced material handling systems.
The market is characterized by intense competition and fragmentation, with companies employing strategies such as product launches, research and development investments, and strategic partnerships to maintain their market positions. Notable developments include expansions and acquisitions by key players like KION Group and Jungheinrich AG, which are enhancing their capabilities in the AMH sector. The COVID-19 pandemic has also influenced market dynamics, necessitating contactless operations and automation to cope with workforce limitations and increased demand. As countries like China and India continue to invest in infrastructure and technology, the Asia Pacific AMH market is poised for substantial growth, supported by advancements in automation and the ongoing shift towards a consumer-led economy.
APAC AMH Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Assessment of the Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Hardware
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2.1.2 Software
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2.1.3 Services
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2.2 By Equipment Type
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2.2.1 Mobile Robots
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2.2.1.1 Automated Guided Vehicle (AGV)
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2.2.1.1.1 Automated Forklift
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2.2.1.1.2 Automated Tow/Tractor/Tug
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2.2.1.1.3 Unit Load
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2.2.1.1.4 Assembly Line
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2.2.1.1.5 Special Purpose
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2.2.1.2 Autonomous Mobile Robots (AMR)
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2.2.1.3 Laser Guided Vehicle
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2.2.2 Automated Storage and Retrieval System (ASRS)
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2.2.2.1 Fixed Aisle (Stacker Crane + Shuttle System)
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2.2.2.2 Carousel (Horizontal Carousel + Vertical Carousel)
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2.2.2.3 Vertical Lift Module
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2.2.3 Automated Conveyor
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2.2.3.1 Belt
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2.2.3.2 Roller
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2.2.3.3 Pallet
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2.2.3.4 Overhead
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2.2.4 Palletizer
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2.2.4.1 Conventional (High Level + Low Level)
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2.2.4.2 Robotic
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2.2.5 Sortation System
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2.3 By End-user Vertical
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2.3.1 Airport
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2.3.2 Automotive
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2.3.3 Food and Beverage
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2.3.4 Retail/Warehousing/ Distribution Centers/Logistic Centers
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2.3.5 General Manufacturing
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2.3.6 Pharmaceuticals
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2.3.7 Post and Parcel
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2.3.8 Other End-Users
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2.4 By Country
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2.4.1 China
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2.4.2 Japan
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2.4.3 Indonesia
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2.4.4 India
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2.4.5 Australia
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2.4.6 Thailand
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2.4.7 South Korea
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2.4.8 Singapore
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2.4.9 Malaysia
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2.4.10 Taiwan
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2.4.11 Rest of Asia Pacific
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APAC AMH Market Size 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.