North America HEMA Market Expected to Grow USD 3.00 Billion | ABB Ltd. and Daifuku Co. Ltd. among the main suppliers
NEW YORK, January 13, 2022 /PRNewswire/ — Some of the key growth drivers for this market are the increasing number of distribution centers in North America, the rapid automation of process plants and the increase in strategic alliances, according to a senior analyst at Technavio.
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The Automated Material Handling Equipment (AMHE) Market in North America grow by $3.00 billion from 2020 to 2025. The year-over-year growth rate of the market in 2021 is 3.75%.
Some key suppliers and their offers
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ABB Ltd. – The company offers three levels of Material Handling Wear Pack solutions including External DressPack, External DressPack with Retract Function, Integrated DressPack and Integrated Lean DressPack.
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FIVES Group – The company offers a wide range of material handling equipment, including sorters, separators, conveyors, EASY-Capture: integrated data capture for packages and NOAH: dynamic sizer for pallets.
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Hitachi Ltd. – The company offers material handling equipment, including belt conveyors, transport robots, elevators, cranes, sorting machines and automatic warehouses.
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Honeywell International Inc. – The company combines advanced material handling solutions with intelligent software to reduce the time and labor costs associated with inbound processing. Some of these solutions for efficient cross-docking operations include Pallet Conveyors, Transport Conveyors, Accumulation Conveyors, a full line of sorting systems for various containers and throughput purposes, and Momentum WES.
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KION GROUP S.A. – The company offers a full range of our services, from warehouse technology and forklifts to fully automated supply chain solutions, in our 360° virtual warehouse with its solutions including electric, fuel cell trucks and conventionally powered, warehouse trucks and custom services, Complete warehouse systems and automation and fleet management solutions.
Market Segmentation Highlights
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By product, the AHME market in North America has been segmented into four segments, namely conveying system, AS/RS, robotic system and AGV.
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By end-user, the market has been segmented into automotive, e-commerce & 3PL, food & beverage, retail, and others.
Regional analysis
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By geography, the AHME market in North America has been segmented into two regions, namely the United States and the rest of the North America.
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69% of growth will come from we.
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the we is a key country for the HEMA market in North America.
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Market growth in the United States will be Slow down that market growth in the Rest of North America.
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Increasing warehousing and logistics operations will drive the growth of the HEMA market in the United States during the forecast period.
For more insights on the contribution of each segment of the AHME Market in North America. View our free sample report now
Remarks:
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The HEMA market in North America should accelerating at a CAGR of 6.67% during the forecast period.
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The market is fragmented due to the presence of many vendors with a large market share.
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The research report offers information on several market vendors including ABB Ltd., Daifuku Co. Ltd., FIVES Group, Hitachi Ltd., Honeywell International Inc., KION GROUP AG, KNAPP SA, Murata Machinery Ltd., SSI SCHAEFER Group and Toyota Industries Corp.
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North America Automated Material Handling Equipment (AMHE) Market |
|
Report cover |
Details |
Page number |
120 |
Year of reference |
2020 |
Forecast period |
2021-2025 |
Growth momentum and CAGR |
Accelerate at a CAGR of 7% |
Market Growth 2021-2025 |
$3.00 billion |
Fragmented |
|
Annual growth (%) |
3.75 |
Regional analysis |
United States and Rest of North America |
Successful market contribution |
United States at 69% |
Main consumer countries |
United States and American Samoa |
Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
Profiled companies |
ABB Ltd., Daifuku Co. Ltd., FIVES Group, Hitachi Ltd., Honeywell International Inc., KION GROUP AG, KNAPP AG, Murata Machinery Ltd., SSI SCHAEFER Group and Toyota Industries Corp. |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period |
|
Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.
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