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

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

Status : May, 2020 | Technology & Media | PPT format

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 study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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