Autonomous Material Handling Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

  • Single User License $3500

Autonomous Material Handling Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : September, 2021 | Technology & Media

Report Digest


Increasing acceptance of automation and autonomous technologies across manufacturing and retail sectors has been the key factor responsible for the demand growth in autonomous material handling technologies. A growing trend miniaturization of material handling equipment across industries and critically reducing time for the final throughput are further pushing adoption prospects of autonomous material handling technologies. Technical glitches and expensive capital spending may remain the longstanding challenge widespread adoption of autonomous material handling technologies.

R&D Takes up the Limelight in Global Autonomous Material Handling Technologies Market Competition

The competitive landscape of autonomous material handling technologies market seems fairly fragmented, and active players are investing significantly in pushing R&D activities so as to penetrate deeper into the autonomous material handling technologies market. High efficiency and diverse functionality will remain the key areas for R&D investors that are aspiring product differentiation and competitive edge.

  • The automated logistics partner of the likes of John Deere and General Electric, Clearpath Robotics Inc. recently made an announcement to have invested US$ 30 million in a new autonomous material handling unit. The company is up-scaling manufacturing at their Kitchener-based OTTO Motors division for autonomous material handling.
  • Geek + unleashed a new autonomous forklift, later in 2018. The Chinese supply chain robotics giant launched new-generation material handling solutions at the China International Industry Fair (CIIF). This new set of technologies includes a completely automated intra-logistics solution, in addition to an automatic forklift. Being a leader in warehousing automation, Geek + launched a versatile autonomous material handling technologies solution that covers mobile robots, mechanical arms, and a self-driving forklift.
  • In an effort to update autonomous material handling technologies, the Rochester Institute of Technology (RIT) has teamed with Raymond Corp. for a study on smart forklifts. While the research is still underway, it is likely to result in the d of development of next-generation autonomous material handling technologies such as warehousing robots and vehicles that interact and communicate with each other, in order to prioritize and delegate work. The first phase of study focuses on the modeling of interaction and decision-making protocols for autonomous forklifts and truck loads. The second phase of study will reportedly concentrate on the development of small robots driving autonomously to each other, for testing and communication. The project has received a grant from Toyota Material Handling North America USA Inc.
  • The BMW Group has been exceptionally holding on to recent advances in autonomous material handling technologies, with an objective to incorporate the same into logistics and material handling segments. While wearables, autonomous mobile robots, and tugger trains are currently being employed at the company’s assembly plants, BMW has developed an exclusive automation kit for their Germany-based pilot plant. This kit autonomously communicates loading-unloading part of the materials handling process. The company has also developed an autonomous transport system for outdoor usage at the Leipzig-based plant.

Strategic collaborations and acquisitions are observed to be prominent among players in the autonomous material handling technologies market and leading technology providers. Catering tailor-made solutions based on autonomous material handling technologies for industry-specific demands is currently among the top strategies embraced by some of the key players competing in autonomous material handling technologies market.

Some of the most prominent competitors operating in the competitive landscape of global autonomous material handling technologies market include –

  • Flexlink AB
  • BEUMER Group GmbH & Co. KG
  • Honeywell Intelligrated, Daifuku Co. Ltd.
  • Jungheinrich AG
  • Hytrol Conveyor Co., Inc.

Industries Are Rapidly Switching to Autonomous Material Handling Technologies

The incorporation of robotics technology into materials handling has been maturing rapidly over the recent years. With self-driving autonomous vehicles rapidly gaining ground, it would not be surprising if autonomous lift trucks or forklifts invade the industrial warehousing operations in the near future. Compared to conventional lift trucks and forklifts that are driven by operators, those based on autonomous material handling technologies offer a slew of advantages in terms of operational efficiency and accuracy. Considerable saving on energy is another benefit that prompts at a positive outlook for the adoption of autonomous material handling technologies in coming years.

Taxonomy: Global Autonomous Materials Handling Technologies Market

By the Type of Component

  • Autonomous Forklifts
  • Autonomous Lift Trucks
  • Autonomous Inventory Robots
  • Goods-to-person Picking Robots
  • Unmanned Aerial Vehicles (UAR)

By End Use Industry

  • Manufacturing
  • Retail
  • Others

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?