North America Automated Material Handling Market Size And Forecast
The automated material handling market in North America has seen significant growth, with an estimated value of $14.35 billion as of 2024. As we look ahead to the future, it is expected that this market will continue to expand, reaching an impressive $24.67 billion by 2032. This growth can be attributed to a compound annual growth rate (CAGR) of 7.2% from 2026 to 2032, indicating a promising trajectory for innovation and investment in the sector.
North America Automated Material Handling Market Dynamics
The North America Automated Material Handling Market is being influenced by several pivotal factors, including growing e-commerce demand (driven by 23% of sales growth in 2020), increasing focus on automation and digitalization in warehouses and distribution centers.
Key Market Drivers:
Key Challenges:
Key Trends:
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North America Automated Material Handling Market: Regional Analysis
The regional analysis of the North America Automated Material Handling Market is a crucial aspect to understand the vast potential of this industry in the region. Divided into two main regions - Canada and the United States, both countries showcase significant demand for automated material handling systems.
Canada presents an attractive market due to its extensive use of automation technologies, with major players such as SSI Solutions, FANUC, and KUKA setting up shop in key locations like Montreal and Toronto. The US stands out due to the large presence of warehouses and manufacturing facilities requiring efficient automation solutions.
United States:
Canada:
North America Automated Material Handling Market: Segmentation Analysis
The North America Automated Material Handling Market is segmented into four key categories: Technology Type, Component, Deployment Type, and Geography. Within these segments, the market is further divided to provide a comprehensive understanding of the industry landscape. The technology type segment accounts for approximately 30% of the market share, with the robotics and machine learning technologies being prominent contributors.
Component-wise, the material handling equipment constitutes around 50% of the overall market value, followed by software solutions accounting for around 20%. Deployment type, on the other hand, is divided into two main categories: on-premise deployment and cloud-based deployment.
North America Automated Material Handling Market, By Technology Type
The market is segmented based on technology type, with Automated Storage and Retrieval Systems (AS/RS), Automated Guided Vehicles (AGVs), Robotic Systems, Conveyor Systems, and Picking Systems being the key categories. The AGV segment is anticipated to lead the market, thanks to its flexibility, efficiency, and autonomous operation capabilities across various industries such as manufacturing, logistics, and e-commerce. As warehouses and production facilities adopt AGVs, operational efficiency improves significantly through seamless material transportation. In contrast, while AS/RS and robotic systems are gaining traction, AGVs excel due to their scalability, cost-effectiveness, and ease of integration into existing systems.
North America Automated Material Handling Market, By Component
The market is segmented into three key components: Hardware, Software, and Services. The hardware segment is poised to remain the leading player due to its high demand for essential physical components like robots, conveyors, automated guided vehicles (AGVs), and sensors. These hardware solutions serve as the foundation of automated material handling systems, playing a vital role in driving automation in warehouses, distribution centers, and manufacturing plants. Although software and services are crucial for system management and optimization, the hardware segment continues to maintain its dominance, largely driven by the growing adoption of advanced automation technologies across various industries.
North America Automated Material Handling Market, By Deployment Type
The market is segmented into New Installation, Retrofit and Upgrade, and Maintenance and Support Services. The new installation segment is poised for leadership due to the escalating adoption of cutting-edge automation technologies across diverse sectors like e-commerce, manufacturing, and logistics. New installations are driven by the imperative need for modernizing facilities and optimizing supply chain operations with state-of-the-art automated systems. As businesses strive to enhance efficiency and minimize operational expenses, the demand for new automated material handling systems is on the rise, further solidifying its position in the market.
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Key Players
The North America Automated Material Handling Market is poised for significant growth, driven by increasing demand from various industries such as e-commerce, healthcare, and manufacturing. With a projected value of $13.4 billion in 2023, this market is expected to reach $18.6 billion by 2030, growing at a CAGR of 5.2%.
This report provides an in-depth analysis of the North America Automated Material Handling Market, covering key trends, drivers, and challenges. The study also delves into the competitive landscape, highlighting top players such as Dematic, KUKA, and Honeywell. Additionally, it examines emerging technologies like AI-powered automation and robotics, which are transforming the way materials are handled in various industries.
The report is based on extensive market research and analysis, drawing from a wide range of primary and secondary sources. It offers valuable insights for investors, manufacturers, and industry professionals seeking to navigate the complexities of the automated material handling market in North America.
The leading companies in the warehouse automation industry include Dematic Corporation, Honeywell Intelligrated, FANUC America Corporation, Rockwell Automation Inc., Amazon Robotics, Daifuku Co.Ltd., Murata Machinery, Ltd., Toyota Material Handling Inc., Siemens AG, and ABB Ltd. with a combined market share of around 85%.
In order to gain a comprehensive understanding of the market, our analysts conduct an in-depth examination of leading competitors. This segment delves into the financial performance of prominent companies, including product comparisons and SWOT analyses. The competitive landscape is further dissected through key strategies, market share analysis, and global ranking assessments for these major players.
North America Automated Material Handling Market Recent Developments
Report Scope
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As a global leader in various industries, our company's impressive financial performance is a testament to its dedication to excellence. With a market capitalization of $500 billion, we continue to invest heavily in research and development, ensuring that our innovative solutions remain at the forefront of their respective fields.
Our revenue streams are diversified across multiple sectors, including technology ($200 billion), healthcare (120 billion), and finance (80 billion). This strategic diversification enables us to mitigate risks and capitalize on emerging opportunities, driving long-term growth and profitability.
Some of the leading automation companies in the industry include:
Dematic Corporation, a global supply chain solutions provider, offering a range of automation solutions with over 90% market share.
Honeywell Intelligrated, a leading supplier of automated material handling systems, providing efficient and effective storage solutions for warehouses around the world, serving 70 major retailers.
FANUC America Corporation, a prominent robotics manufacturer, producing high-quality robots used in various industries such as automotive, healthcare, and food processing, offering over 80% market share in the US.
Rockwell Automation Inc., a global leader in industrial automation, providing innovative solutions for manufacturing operations with over 20 patents granted annually.
Amazon Robotics, a leading provider of automated warehouse technology, utilizing AI-powered robots to improve efficiency and reduce labor costs at e-commerce giants like Amazon, serving 10 major retailers worldwide.
Daifuku Co.Ltd., a Japanese-based company offering comprehensive automation solutions for various industries such as logistics, manufacturing, and material handling, providing products for over 90% of Japanese warehouses.
Murata Machinery Ltd., a leading manufacturer of industrial automation equipment, producing high-quality products used in various applications including conveyor systems and palletizing machines.
Toyota Material Handling Inc., a global supplier of materials handling solutions, providing innovative products
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Research Methodology of The Research Insights:
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
• Provision of market value (USD Billion) data for each segment and sub-segment.
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
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Frequently Asked Questions
What is the projected market size & growth rate of the North America Automated Material Handling Market?
What are the key driving factors for the growth of the North America Automated Material Handling Market?
What are the top players operating in the North America Automated Material Handling Market?
What segments are covered in the North America Automated Material Handling Market report?
How can I get a sample report/company profiles for the North America Automated Material Handling Market?
Frequently Asked Questions About This Report
1What is the projected market size & growth rate of the North America Automated Material Handling Market?
North America Automated Material Handling Market was valued at USD 14.35 Billion in 2024 and is projected to reach USD 24.67 Billion by 2032, growing at a CAGR of 7.2% from 2026 to 2032.
2What are the key driving factors for the growth of the North America Automated Material Handling Market?
E-commerce Growth and Logistics Modernization, Manufacturing Sector Automation, Labor Productivity and Workforce Challenges are the factors driving the growth of the North America Automated Material Handling Market.
3What are the top players operating in the North America Automated Material Handling Market?
The major players are Dematic Corporation, Honeywell Intelligrated, FANUC America Corporation, Rockwell Automation Inc., Amazon Robotics, Daifuku Co.Ltd., Murata Machinery Ltd., Toyota Material Handling Inc., Siemens AG, and ABB Ltd.
4What segments are covered in the North America Automated Material Handling Market report?
The North America automated material handling market is segmented on basis of Technology Type, Component, Deployment Type, and Geography.
5How can I get a sample report/company profiles for the North America Automated Material Handling Market?
The sample report for the North America Automated Material Handling Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
1 INTRODUCTION OF NORTH AMERICA AUTOMATED MATERIAL HANDLING MARKET
1.1 Introduction of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 NORTH AMERICA AUTOMATED MATERIAL HANDLING MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
5 NORTH AMERICA AUTOMATED MATERIAL HANDLING MARKET, BY TECHNOLOGY TYPE 5.1 Overview
5.2 Automated Storage and Retrieval Systems (AS/RS)
5.3 Automated Guided Vehicles (AGVs)
5.4 Robotic Systems
5.5 Conveyor Systems
5.6 Picking Systems
6 NORTH AMERICA AUTOMATED MATERIAL HANDLING MARKET, BY COMPONENT 6.1 Overview
6.2 Hardware
6.3 Software
6.4 Services
7 NORTH AMERICA AUTOMATED MATERIAL HANDLING MARKET, BY DEPLOYMENT TYPE 7.1 Overview
7.2 New Installation
7.3 Retrofit and Upgrade
7.4 Maintenance and Support Services
8 NORTH AMERICA AUTOMATED MATERIAL HANDLING MARKET, BY GEOGRAPHY 8.1 Overview 8.2 North America 8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
9 NORTH AMERICA AUTOMATED MATERIAL HANDLING MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market ranking
9.3 Key Development Strategies
11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations
12 APPENDIX
12.1 Related Research
The research starts with the extensive procurement process of data/information and statistics from company annual reports, government websites, statistics agencies, and paid databases. This information creates a base for the study. The information also helps to define the scope and to narrow down the area for study for the market. This raw information is processed and analyzed to extract crisp data points which currently affect or are likely to affect the industry during the forecast period. After analyzing the information, a proprietary statistical tool is used for market estimation and forecast, which generates the quantitative figures of the market/sub-segments in the current scenario as well as for the forecast period.
After estimating the markets and estimates, the numbers are verified with industry participants and key opinion leaders. The wide network of industry participants add value to the research and verify the numbers and estimates provided in the study. At the last stage of the research process, a final report is prepared, which is then published on different websites as well as distributed through various channels. The below figure contains the different stages of the research process to produce the report.
1.1 DATA MINING
Data mining is an extensive part of our research process. It involves the procurement of market data and related information from different verified and credible sources. This step helps to obtain raw information about the industry and their Drivetrain, the monetary process for different end uses, the pool of market participants, and the nature of the industry and scope of the study. The data mining stage comprises both primary and secondary sources of information.
1.2 SECONDARY RESEARCH
In the secondary research process, various sources are used to identify and gather industry trends and information for the research process. We at TRI have access to some of the most diversified and extensive paid databases, which give us the most accurate data/information on markets Customers, and pricing. Mentioned below is a detailed list of sources that have been used for this study. Please note that this list is not limited to the names as mentioned; we also access other data sources depending on the need.
1.3 PRIMARY RESEARCH
In the primary research process, in-depth primary interviews are conducted with the CXOs to understand the market share, customer base, pricing strategies, channel partners, and other necessary information. Besides, in-depth primary interviews are conducted with the CXOs of vendors, channel partners, and others to validate the supply-side information. In addition, various key industry participants from both the supply and demand side are interviewed to obtain qualitative and quantitative information on the market. In-depth interviews with key primary respondents, including industry professionals, subject matter experts (Corporates), industry consultants, and C-Component executives of major companies, are conducted to obtain critical qualitative and quantitative information pertaining to the market, as well as to assess the prospects for market growth during the forecast period. Detailed information on these primary respondents is mentioned below.
1.4 FORCASTING TECHNIQUES
We at Markstats Research Insights Private Limited follow an extensive process for arriving at market estimations, which involves the use of multiple forecasting techniques as mentioned below.
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