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According to the current situation, the Automated Material Handling Market expects to increase its market size by USD 43.6 billion by 2021. The Automated Material Handling Market is anticipated to grow at an 11% CAGR from 2021 to 2030, reaching a value of USD 76.8 billion.

Throughout the many stages of a product’s life cycle, from production to delivery to clients or end users, automation and material handling are essential. A network called material handling eliminates the need to carry products from one area to another or between different areas. By utilising cutting-edge equipment and technology, this material management system shortens the transit period.

The popularity and market growth of automated material handling have increased as a result of a number of significant factors, including rising labour costs and safety concerns, technological advancements, an increase in the efficiency and efficiency of warehouse and logistics operating companies, a significant improvement in global manufacturing, an increase in a requirement for automated processes in industries, an increase in the amount for robots in manufacturers and logistics operations, and increasing emerging markets.

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Nearly all industries have been impacted by the continuing pandemic, and the automated handling system wasn’t really spared. In this circumstance, the automated handling as an equipment market also came to a halt. As a result, both the market revenues brought in as a result of the decreased shipments of material handling equipment have been severely impacted. During first half of 2020, there were issues with market growth, and there was a sharp decline in market size.

However, as demand for material handling systems has grown globally in the second half of 2020, so has the market’s demand. The COVID-19 epidemic has progressively had an effect on the value chain of the market for material handling equipment, according to the report.

The Automated Material Handling Market has a variety of operations, including assembly, waste disposal, processing and packaging, storage, and transportation, per the segmental classification.

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The Automated Material Handling Market includes a variety of applications, including those in healthcare, chemicals, automotive, foods and drinks, aviation, electronics, e-commerce, semiconductor, etc., according to the segmental classification.

Various software and services, such as warehouse management systems (WMS), transportation management systems (TMS), repairs and maintenance, training, and software upgrades, are available in the automated material handling market based on segmentation.

Based on market segmentation, automated technology such as conveyors, robotics systems, automated machines, and automated cranes are available on the global market.

The Automated Material Handling Market is broadly distributed across several regions of the world, according to the geographical analysis. North America, Europe, Asia-Pacific, and The Middle East & Africa are some of the top performing regions globally.

Asia-Pacific, which has the fastest-growing demand of all the continents, dominates by providing the Automated Material Handling Market with the highest profits.

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