APAC Automated Material Handling Equipment Market Size and Trends

The APAC automated material handling equipment (AMHE) market size is forecast to increase by USD 3.02 billion at a CAGR of 5.8% between 2023 and 2028.  The market is witnessing significant growth due to the rapid automation of processing plants and the emergence of Industry 4.0. The complexity in the usage of AMHE necessitates advanced power delivery systems to ensure efficient and reliable operation. Passive components, such as capacitors and inductors, play a crucial role in power delivery and absorption in AMHE. Power gain and energy sources, including voltage sources and current sources, are essential considerations for optimizing the performance of AMHE. Generators and alternators are common energy sources used in AMHE applications. The market trends indicate a shift towards renewable energy sources and energy storage systems to reduce reliance on traditional power sources and improve overall system efficiency. The challenges in the AMHE market include the high initial investment costs, integration of advanced technologies, and the need for skilled labor for installation and maintenance. Despite these challenges, the market is expected to grow steadily due to the increasing demand for automation and the need for efficient material handling solutions.
 

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The market is a significant contributor to the global industrial sector, playing a crucial role in enhancing the efficiency and productivity of various industries. This market encompasses a wide range of equipment that utilizes electric circuits to automate the handling of materials. At the heart of every AMHE system lies the intricate web of circuit components. These include resistors, capacitors, and inductors, which serve as fundamental building blocks in electric circuits. Resistors offer resistance to the current flow, while capacitors store and release electrical energy, and inductors facilitate the storage of magnetic energy. Power sources are an essential element in the functioning of AMHE. They deliver power to the system and can be categorized into various types such as batteries, generators, and alternators. Voltage sources and current sources are two primary types of power sources, each with distinct functions. Voltage sources maintain a constant voltage level, while current sources maintain a constant current level. Semiconductor devices, including transistors and photodiodes, are active components that play a pivotal role in the power delivery and power absorption in AMHE. Transistors act as switches and amplifiers, controlling the flow of current and voltage in a circuit, while photodiodes convert light energy into electrical energy. Heat dissipation is an essential consideration in the design and operation of AMHE. The efficient dissipation of heat is crucial to prevent damage to the circuit elements and maintain optimal performance.

Thermal management techniques such as natural convection, forced convection, and liquid cooling are employed to manage the heat generated in the system. The magnetic field and electric field are two fundamental concepts in the functioning of AMHE. Magnetic fields are generated by the movement of electric charges and are utilized in various applications such as motors and transformers. Electric fields, on the other hand, are created when a voltage is applied across a conductor and are essential for the proper functioning of electronic circuits. Circuit elements, including diodes, resistors, capacitors, inductors, and active components, function together to perform specific tasks in the AMHE system. The load, which is the component or system that consumes power, plays a crucial role in determining the power gain and energy sources required for the system. In conclusion, the market is a complex and intriguing field that relies heavily on the understanding and application of various circuit components, power sources, and semiconductor devices. The efficient delivery and absorption of power, heat dissipation, and the manipulation of magnetic and electric fields are all critical aspects of this market. As technology continues to evolve, the demand for more efficient and advanced AMHE systems is expected to grow, driving innovation and research in this field.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.

• Application
  • Conveyor systems (CS)
  • Automated storage and retrieval systems (AS/RS)
  • Robotics systems (RS)
  • Automated guided vehicles (AGV)
• Geography
  • APAC
    • China
    • India
    • Japan

By Application Insights

The conveyor systems (CS) segment is estimated to witness significant growth during the forecast period. Automated Material Handling Equipment (AMHE), which includes conveyor systems (CS), plays a pivotal role in the seamless transfer of materials within industrial processes. Conveyor systems (CS) can be hydraulic, mechanical, or fully automated, serving to link various stages of production.

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The conveyor systems (CS) segment was the largest segment and valued at USD 3 billion in 2018. For example, they facilitate the loading and unloading of materials from automated storage/retrieval systems (AS/RS), transport goods from one production point to another, carry finished products to packaging areas, and move packaged goods to loading docks or storage facilities. External power sources, such as electrical energy, are essential for the operation of AMHE. Signal amplification is crucial for the effective communication between electronic products in AMHE and the control systems. Hence, such factors are fuelling the growth of this segment during the forecast period.

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Rapid automation of processing plants is notably driving market growth. In the realm of manufacturing industries, the implementation of Automated Material Handling Equipment (AMHE) has emerged as a pivotal solution for addressing labor capacity constraints and escalating costs, particularly in consumer electronics and the food and beverage sectors.

For instance, in the food and beverage industry, the use of advanced automation and robots in processing plants has become indispensable. This includes the deployment of automated cooling and air compressor systems to prevent contamination. Similarly, in the pharmaceutical industry, adhering to stringent regulations and compliance standards necessitates the adoption of AMHE. Thus, such factors are driving the growth of the market during the forecast period.

Significant Market Trends

Emergence of industry 4.0 is the key trend in the market. The market is experiencing significant growth due to the increasing implementation of Industry 4.0 in various sectors. This revolution encompasses cyber-physical systems, IoT, and cloud computing, enabling automation and data exchange in labor-intensive processes. AMHE plays a crucial role in Industry 4.0 compliant factories by providing integrated systems.

These systems consist of interconnected machines, devices, and sensors, monitored as a unified entity. Power delivery and absorption are essential components of AMHE, with energy sources like voltage sources, current sources, generators, and alternators powering these systems. Power gain is another crucial factor, ensuring optimal energy conversion and efficiency. Integration of technical support systems and decentralized decision-making further enhances the functionality of AMHE in Industry 4.0 environments. Thus, such trends will shape the growth of the market during the forecast period.

Major Market Challenge

Complexity in usage of automated material handling equipment is the major challenge that affects the growth of the market. Automated Material Handling Equipment (AMHE) plays a crucial role in electronics engineering by streamlining the manufacturing process through the use of electric circuits and various circuit components such as resistors, capacitors, inductors, and active components like diodes.

However, the implementation of AMHE comes with certain challenges. Once installed, these systems can be inflexible and costly to modify, leading to high expenses. Moreover, the process of upgrading or replacing AMHE is time-consuming due to the interconnected nature of these systems across various levels of information networks. In today's business landscape, the need for agility and adaptability is paramount. Hence, the above factors will impede the growth of the market during the forecast period

Exclusive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Beumer Group GmbH and Co. KG: The company offers automated material handling equipment (AMHE) that includes baggage handling technology, conveying technology, filling technology, loading technology, logistics systems technology, palletizing technology, port technology, storage technology, packaging technology and others.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Addverb Technologies Pvt. Ltd.
• Daifuku Co. Ltd.
• Dematic Group
• FIVES SAS
• FlexLink Holding AB
• Hanwha Corp.
• Honeywell International Inc.
• John Bean Technologies Corp.
• Jungheinrich AG
• Kardex Holding AG
• KION GROUP AG
• KNAPP AG
• Mecalux SA
• Murata Machinery Ltd.
• SSI Schafer IT Solutions GmbH
• Swisslog Holding AG
• TGW LOGISTICS GROUP GmbH
• Toyota Industries Corp.
• Wipro Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

Automated Material Handling Equipment (AMHE) is a crucial component in various industries, particularly in electronics engineering, where efficient power delivery and management are essential. The functioning of AMHE relies on a combination of active and passive components in electric circuits. These components include resistors, capacitors, inductors, diodes, semiconductor devices such as transistors and photodiodes, and voltage sources like generators and alternators. Power sources play a significant role in AMHE, providing energy for power absorption, gain, and delivery. The differences between energy sources lie in their voltage and current capabilities, with some offering high voltage and others high current. Voltage sources include batteries, power supplies, and generators, while current sources include solar panels and fuel cells.

Circuit elements like resistors, capacitors, and inductors, are integral to the power delivery and management in AMHE. Capacitors, such as ceramic, aluminum, and tantalum capacitors, store and release electrical energy, while resistors regulate current flow and voltage drop. Diodes and transistors are active components that control current flow and amplify signals in AMHE. Heat dissipation and electromagnetic interference (EMI) are critical considerations in the design and manufacturing of AMHE, requiring efficient cooling systems and shielding to maintain optimal performance. AMHE is used extensively in automotive electronics, electric vehicles, and consumer electronics, where energy consumption and miniature components are essential. The global shortage of high-capacity and high-voltage components, such as IC chips, necessitates advancements in voltage filtering, noise filtering, and current regulation technologies.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market  and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
• Growth of the market across APAC
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies

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