Automated Material Handling Equipment Market: Industry Demand, Analysis and Future Trends 2030

 

The global Automated Material Handling Equipment Market size is anticipated to reach USD 114.45 billion by 2030, projected to grow at a CAGR of 9.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing labor costs in many countries are driving the demand for AMH equipment, which is replacing manual labor. It helps companies save costs by reducing the need for manual labor and increasing productivity. Further, e-commerce has created a need for faster and more efficient material handling systems. Automated Material Handling (AMH) equipment is used in e-commerce warehouses to handle large volumes of orders to ensure products are delivered to customers quickly and accurately. Technological advances have also made it possible to develop more sophisticated AMH equipment that is fast, accurate, and reliable. These systems use sensors, artificial intelligence, and machine learning to automate material handling tasks.

Automated storage and retrieval systems can significantly reduce variable costs by eliminating the need for manual labor for tasks such as assembly, picking, storing, and inventory replenishment. Warehouses and distribution centers require the regular replenishment of raw materials, work-in-progress, and finished goods inventories to maintain uninterrupted processes, making shelf arrangement and grouping critical. Efficient space utilization is vital for the bottom line of warehouses and distribution centers. For instance, in September 2022, Aurora Organic Dairy, a producer of organic milk and butter for U.S. retailers, sought the help of Westfalia Technologies Inc. to design an AS/RS solution for a significant warehouse addition. The AS/RS enabled the company to build a highly automated warehouse adjacent to the milk plant to accommodate growth in a limited square footage area while recasting the whole warehousing process from production to shipping to staging.

Labor shortages are compelling organizations to seek robots to ensure their stability. Industries such as janitorial services, commercial and home delivery, food and beverage, healthcare, and manufacturing are expected to benefit from autonomous mobile and collaborative robots. Technologically advanced countries such as South Korea and Japan are at the forefront of manufacturing next-generation AMH equipment. For instance, in March 2023, THIRA Robotics launched a new generation of autonomous mobile robots (AMRs) designed to operate in harsh facility conditions, previously unsuitable for automation. This development is likely a significant advancement in the automation industry. The company aimed to present five models and demonstrations of AMR operating on sloped and uneven flooring at Promat.

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Automated Material Handling Equipment Market Report Highlights

• The robots segment led the market in 2023, accounting for over 24% share of the global revenue owing to the integration of artificial intelligence and machine learning technologies in robotic systems.
• The unit load material handling segment held the largest revenue share in 2023 due to its ability to streamline supply chain operations and move materials more efficiently across long distances.
• The e-commerce segment led the market in 2023. The adoption of AMH equipment in the e-commerce industry is expected to increase significantly in the coming years as companies such as Amazon, eBay, and Alibaba strive to remain competitive and meet customer expectations.
• The Asia Pacific region held the largest revenue share, over 39%, in 2023. The region's flourishing manufacturing and automobile sectors are expected to spur the demand for automated material-handling equipment.

Automated Material Handling Equipment Market Segmentation

Grand View Research has segmented the global automated material handling equipment market based on product, system type, vertical, and region:  

Automated Material Handling Equipment Product Outlook (Volume, Thousand Units; Revenue, USD Million, 2017 - 2030)

• Robots
• Automated Storage and Retrieval System (AS/RS)
• Unit Load
• Mid & Mini Load
• Vertical Lift Module (VLM)
• Carousel
• Shuttle
• Conveyors Systems
• Sortation Systems
• Cranes
• Warehouse Management System
• Collaborative Robots
• Autonomous Mobile Robots
• Goods-to-Person Picking Robots
• Self-driving Forklifts
• Autonomous Inventory Robots
• Unmanned Aerial Vehicles
• Automated Guided Vehicle
• Tow Vehicle
• Unit Load Carrier
• Pallet Truck
• Forklift Truck
• Hybrid Vehicles
• Others

Automated Material Handling Equipment System Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2017 - 2030)

• Unit Load Material Handling
• Bulk Load Material Handling

Automated Material Handling Equipment Vertical Outlook (Volume, Thousand Units; Revenue, USD Million, 2017 - 2030)

• Automotive
• Semiconductor & Electronics
• E-Commerce
• 3PL
• Metals & Heavy Machinery
• Food & Beverages
• Chemicals
• Healthcare
• Aviation
• Others

Automated Material Handling Equipment Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2017 - 2030)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Asia Pacific
• East Asia

• China
• Japan
• South Korea
• Hong Kong
• Taiwan
• India
• Thailand
• Indonesia
• Vietnam
• Singapore
• Malaysia
• Australia
• Latin America
• Mexico
• Columbia
• Chile
• Argentina
• Caribbean Region
• Middle East and Africa (MEA)

List of Key Players in the Automated Material Handling Equipment Market

• Daifuku Co., Ltd.
• KION GROUP AG
• Schaefer Systems International, Inc.
• Honeywell International Inc.
• Toyota Material Handling International
• Hyster-Yale Materials Handling, Inc.
• Jungheinrich AG
• Hanwha Group
• JBT
• KUKA AG

 About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Application Performance Management Market To Reach $15.14 Billion By 2030

The global Application Performance Management Market size was estimated at USD 6.56 billion in 2023 and is anticipated to grow at a CAGR of 13.7% from 2024 to 2030. The market's growth is largely driven by the surge in remote work settings, which has heightened the need for seamless application performance across distributed environments. As organizations increasingly rely on digital platforms to support remote operations, ensuring optimal application functionality has become critical for maintaining productivity and user satisfaction.

Furthermore, the adoption of DevOps methodologies has augmented the focus on application performance management (APM), as development and IT operations teams seek to accelerate software delivery while minimizing downtime. This shift toward continuous integration and continuous deployment mode (CI/CD) has made APM tools indispensable for monitoring application health, troubleshooting issues in real time, and ensuring the performance and reliability of critical business applications, fueling the market's expansion.

The increasing adoption of digital technologies, particularly mobile and cloud computing, is a key driver of the market's growth. As businesses continue to shift towards mobile-first strategies and leverage cloud-based infrastructure, ensuring optimal performance across these platforms has become critical. As of 2024, according to BuildFire, a U.S.-based app development platform, the Google Play Store offers 2.87 billion apps for download. Mobile app usage is particularly high among millennials, with 21% of them opening an app more than 50 times a day. Overall, 49% of users open apps at least 11 times daily, while mobile apps account for 70% of all digital media time in the U.S. On average, smartphone users engage with ten apps daily and use around 30 different apps each month.

APM tools enable organizations to monitor and manage the performance of applications running on diverse and distributed environments, including mobile devices and cloud-based systems. With the rising complexity of multi-cloud environments and the need for consistent performance across mobile applications, APM solutions are becoming essential for tracking and optimizing application health in real time. This growing reliance on mobile and cloud technologies has heightened the demand for APM tools as businesses strive to deliver uninterrupted, high-quality digital experiences to their users, ultimately contributing to the market's expansion.

List of Key Players in the Application Performance Management Market

• Akamai Technologies
• AppDynamics
• Broadcom Inc.
• Datadog Inc.
• Dynatrace LLC
• IBM
• OpenText Corporation
• Microsoft
• New Relic Inc.
• Oracle

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Application Performance Management Market Report Highlights

·         The software segment accounted for the largest market share of 66.5% in 2023 due to the increasing complexity of modern IT infrastructures and the expanding use of cloud-based applications. 

·         The cloud segment accounted for the largest market share of 52.6% in 2023. The scalability and flexibility offered by cloud APM tools are significant growth drivers in this segment.

·         The large enterprises segment accounted for the largest market share, 59.5%, in 2023. As these organizations integrate more digital technologies, such as artificial intelligence (AI), big data, and Internet of Things (IoT) systems, into their operations, the need for effective performance management becomes even more critical.

·         The web APM segment had the largest market share of 61.8% in 2023 due to the widespread adoption of cloud computing and the proliferation of hybrid cloud environments. 

Antimicrobial Medical Textiles Market Segmentation

Grand View Research has segmented the global application performance management market report based on platform type, deployment mode, enterprise size, access type, and region:

• Platform Type Outlook (Revenue, USD Billion, 2018 - 2030)
• Software
• Services

• Deployment and Integration
• Training and Education
• Support and Maintenance
• Deployment Mode Outlook (Revenue, USD Billion, 2018 - 2030)
• On-premise
• Cloud
• Hybrid
• Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)
• SMEs
• Large Enterprises
• Access Type Outlook (Revenue, USD Billion, 2018 - 2030)
• Web APM
• Mobile APM
• Application Performance Management Regional Outlook (Revenue, USD Billion, 2018 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Latin America
• Brazil
• Middle East & Africa
• U.A.E
• Kingdom of Saudi Arabia
• South Africa

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

India Electric Vehicle Market To Reach $152.21 Billion By 2030

 The India Electric Vehicle Market size is expected to reach USD 152.21 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 40.7% from 2025 to 2030. The stringent regulations being drafted by the Indian government in response to the rising levels of vehicular emissions and the growing demand for environment-friendly vehicles are expected to drive the growth of the market over the forecast period. The efforts being pursued by the government to develop sustainable charging infrastructure in India also bodes well for the growth of the market.

Although the electric vehicle market in India is in its nascent stages at present, it is poised to emerge as one of the leading electric vehicle markets in the world. The Indian government has been pursuing consistent and committed efforts and has already drafted dedicated EV policies and rolled out various demand and supply incentives as part of the efforts to encourage the adoption of e-mobility across various market segments. For instance, India’s Department of Heavy Industry (DHI), under the National Electric Mobility Mission Plan (NEMMP) 2020, has formulated the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme to support the development of both Hybrid Vehicles (HV) and Electric Vehicle (EV) markets as well as that of their manufacturing eco-systems.

The growing popularity of electric vehicles is prompting the leading automotive manufacturers to launch electric vehicles in India. For instance, in October 2019, Maruti Suzuki, a leader in the conventional vehicle market, announced plans to launch electric vehicles for personal use for the Indian market in the following years. Similarly, in August 2021, Tata Motors launched the Tata Tigor EV in the Indian market. As the market continues to evolve and the consumer preference continues to shift from conventional vehicles to electric vehicles, more and more conventional vehicle manufacturers are expected to launch electric vehicles in the Indian market, thereby driving the growth of the market over the forecast period.

The outbreak of the COVID-19 pandemic triggered a global economic slowdown. The electric vehicle market is particularly vulnerable to any global economic slowdown owing to its reliance on global sourcing for the core battery technology. Moreover, the initial purchase price of electric vehicles tends to be higher than the gasoline-fired and hybrid vehicles, which particularly restrains the adoption of electric vehicles among price-sensitive customers. However, the Indian electric vehicle (EV) market was unaffected by the outbreak of the pandemic. In India, the registration of new electric passenger cars increased by 109% y/y in 2020, with 5,905 new vehicle registrations noted during the year.

List of Key Players of India Electric Vehicle Market

• Audi AG
• BMW AG
• Hyundai Motor India
• Jaguar Land Rover Limited
• Mahindra&Mahindra Ltd.
• Mercedes-Benz Group AG
• JSW MG Motor India Pvt. Ltd.
• Olectra Greentech Limited
• Tata Motors Limited
• Toyota Motor Corporation

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India Electric Vehicle Market Report Highlights

• In terms of product, the BEV segment dominated the market in 2024 and is anticipated to value at USD 116.80 billion by 2030. This can be attributed to the increasing preference of consumers towards EVs over ICE vehicles and restrictions on vehicular CO2 emissions
• The passenger cars segment is expected to expand at the highest CAGR of around 41.6% over the forecast period. The growth can be attributed to increasing investments by the government in EV infrastructure, along with tax benefits offered to consumers
• The rising popularity of electric vehicles is prompting the leading automotive manufacturers to launch electric vehicles in India, which is anticipated to create growth opportunities for the market in the country

Related Press Release@ India Electric Vehicle Industry Analysis

India Electric Vehicle Market Segmentation

Grand View Research has segmented the India electric vehicle market report based on product and vehicle:

India Electric Vehicle Product Outlook (Volume, Units; Revenue, USD Million, 2018 - 2030) 

• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)

India Electric Vehicle Vehicle Outlook (Volume, Units; Revenue, USD Million, 2018 - 2030)

• Passenger Cars
• Commercial Vehicles

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Web 3.0 Market To Reach $33.53 Billion By 2030 | CAGR 49.3%

The global Web 3.0 Market is anticipated to reach USD 33.53 billion by 2030. The market is expected to expand at a CAGR of 49.3% during the forecast period, according to a new report by Grand View Research, Inc. The ability of Web 3.0 to authorize the users to use the decentralized blockchain technology for accessing the decentralized applications is the major factor driving the market growth. Web 3.0 provides perception based on the users’ search content and allows them to control their data on websites.

Web 3.0 technology is also used in social network platforms that aim to improve the customer experience, such as how customers communicate, interact and form communities. Rising investments in Web 3.0 blockchain technology to expand its application is a significant factor driving the growth of the industry. For instance, according to the statistics of Venture Intelligence, a financial analysis company, Web 3.0 and crypto startups have raised more than USD 1 billion in funding across 43 deals in the first six months of 2022.

Numerous companies across the globe are also focusing on launching Web 3.0 practices to help startups scale their businesses and develop innovative solutions. For instance, in July 2022, KiwiTech, an innovation ecosystem company, launched a Web 3.0 Center of Excellence service to empower the next-generation blockchain innovations for startup companies. Such a launch of services is expected to create lucrative growth opportunities for the market during the forecast period.

List of Key Players in the Web 3.0 Market

• Web3 Foundation (Polkadot)
• Helium Systems, Inc.
• Ocean Protocol Foundation Ltd.
• Zel Technologies Limited.
• Kusama
• Livepeer, Inc.
• Filecoin
• Kadena LLC
• Polygon technology
• Terra

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Web 3.0 Market Report Highlights

• The public segment dominated the market in 2023. The growth of the segment can be attributed to the increased demand for public blockchain technology owing to the free, secure, and permissionless accessibility to anyone with internet access.
• The cryptocurrency segment dominated the market in 2023. Enterprises are increasingly in need of high-performance cryptocurrency transaction services. Web 3.0 cryptocurrencies use blockchain and smart contracts to automate transactions and eliminate the need for a third-party entity which is anticipated to support the segment's growth.
• The retail & e-commerce segment is anticipated to register the fastest growth over the forecast period. Increasing demand for Web 3.0 blockchain in retail & e-commerce owing to benefits such as reduced costs, faster payments, improved security, and increased transparency is expected to fuel the segment's growth.
• The Asia Pacific regional market is anticipated to emerge as the fastest-growing market during the projection period. The increasing advancements in 5G, artificial intelligence, and machine learning is the major factor driving the growth of the Asia Pacific region. Moreover, growing investments in research & development of Web 3.0 is anticipated to aid the growth.
• In June 2023, SailGP, an international sailing competition extended its partnership agreement for additional three years with Oracle Corporation. ‘The Dock’, a Web 3.0-integrated fan loyalty programme will be powered by Oracle Customer Experience (OCX).

Web 3.0 Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 3.03 billion
Revenue forecast in 2030	USD 33.53 billion
Growth Rate	CAGR of 49.3% from 2024 to 2030
Base year for estimation	2023
Historical data	2019 - 2022
Forecast period	2024 - 2030

 

Related Press Release@ Web 3.0 Industry Analysis

Web 3.0 Market Segmentation

Grand View Research has segmented the global Web 3.0 market on the basis of blockchain type, application, end use, and region:

Web 3.0 Blockchain Type Outlook (Revenue, USD Million; 2019 - 2030)

• Public
• Private
• Consortium
• Hybrid

Web 3.0 Application Outlook (Revenue, USD Million; 2019 - 2030)

• Cryptocurrency
• Conversational AI
• Data & Transaction Storage
• Payments
• Smart Contracts
• Others

Web 3.0 End Use Outlook (Revenue, USD Million; 2019 - 2030)

• BFSI
• Retail & E-commerce
• Media & Entertainment
• Pharmaceuticals
• IT & Telecom
• Others

Web 3.0 Regional Outlook (Revenue, USD Million; 2019 - 2030)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Latin America
• Brazil
• Mexico
• MEA
• Saudi Arabia
• UAE
• South Africa

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About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com