Top 5 Automated Material Handling Equipment Companies

The global Automated Material Handling Equipment market size is anticipated to grow from USD 33.3 billion in 2024 to USD 51.0 billion by 2029, at a CAGR of 8.9% from 2024 to 2029. The surge in the Automated Material Handling Equipment (AMHE) market is driven by the growing integration of automated storage and retrieval systems within the e-commerce sector, the proliferation of startups offering robotic warehouse automation solutions, and escalating demand for AMHE across diverse industries. This demand is fueled by significant industrial expansion in emerging economies.

Daifuku Co, Ltd. (Japan), KION GROUP AG (Germany), SSI SCHAEFER (Germany), TOYOTA INDUSTRIES CORPORATION (Japan) and HONEYWELL INTERNATIONAL INC. (US) are the key players in the Automated Material Handling Equipment market globally. These companies offer a wide range of  Automated Material Handling Equipment systems, as well as related solutions and services, and have a worldwide presence. Inorganic growth strategies are also being actively pursued. Companies are forging strategic partnerships and contracts with complementary players in the market, leveraging combined expertise and expanding their reach.

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Major Automated Material Handling Equipment include:

• Daifuku Co, Ltd. (Japan)
• KION GROUP AG (Germany)
• SSI SCHAEFER (Germany)
• TOYOTA INDUSTRIES CORPORATION (Japan)
• HONEYWELL INTERNATIONAL INC. (US)

Daifuku Co, Ltd. (Japan)

Daifuku Co., Ltd. is involved in consulting, designing, manufacturing planning, and engineering material handling equipment. The company also provides installation and after sales services for logistics systems. The segment Daifuku is the core company that manufactures and sells its material handling systems, and car wash machines. Daifuku Co., Ltd. offers tailored logistics solutions under its intralogistics division designed to align with the specific requirements of customers across diverse sectors including food and beverage, pharmaceuticals, machinery and metal processing, electrical appliances, and everyday consumer goods distribution. The major product categories of Daifuku Co., Ltd. include conveying systems, transport systems, storage systems, sorting/picking systems, control systems, material handling tools, AGVS, ASRS, and car wash machines for customers from the electronics and machinery, aviation, e-commerce, cold chain, retail, transportation, and warehousing, semiconductors, food & beverage, pharmaceutical industries. It has a total of 70 companies/ branches including the parent company, and 6 branches. The company has production sites in 25 global locations.

KION GROUP AG (Germany)

KION Group AG is one of the leading manufacturers of industrial trucks, AMH solutions, and related services. The company operates through three business segments-Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services. The Industrial Trucks & Services division encompasses a range of offerings such as forklift trucks, warehouse technology, and associated services, which also include supplementary financial services. This division operates under a multi-brand strategy. leveraging three global brands: Linde, STILL, and Baoli, alongside regional brands Fenwick and OM, and financial services sector. KION Group AG offers automated material handling equipment under the Industrial Trucks & Services and Supply Chain Solutions business segments. Under the Industrial Trucks & Services segment, the company sells forklift trucks, warehouse technology, and related services. As of December 31, 2023, this segment boasted a comprehensive sales and service network spanning approximately 2,000 outlets across more than 100 countries. This network was supported by approximately 9,100 in-house service personnell as well as numerous external service engineers Moreover, the global vehicle fleet, comprising over 1.8 million industrial trucks by the end of 2023, serves as a substantial foundation for the service operations.

SSI SCHAEFER (Germany)

SSI SCHAEFER is one of the key providers of integrated logistics and warehousing systems. The company operates as a solution provider and component manufacturer for logistics systems workstations, logistics software, and waste management systems. It is a family-owned company. SSI SCHAEFER provides comprehensive material handling solutions for small, medium, and large enterprises, delivering industry-specific expertise under one roof. Its offerings range from fully automated warehouses with customized service and maintenance packages to robotics, automated guided vehicles, and manual or semi-automatic systems including workstations, racks, and containers, ensuring a holistic solution for its clients. The company offers products in categories such as storage, conveying & transport, picking, handling, and interlinked workstations. SSI SCHAEFER provides its ASRS products in the storage category.

The company has manufacturing facilities in the US, Mexico, Germany, Austria, the Czech Republic, Malaysia, and China and has distribution centers worldwide. The company has 16 production sites and a worldwide sales presence.

TOYOTA INDUSTRIES CORPORATION (Japan)

Toyota Industries Corporation manufactures and sells automobiles and industrial machines. It operates through three industrial segments: Automobile, Materials Handling Equipment, and Textile Machinery. Toyota Industries Corporation offers automated material handling equipment products under the Materials Handling Equipment business segment. Toyota Industries' Materials Handling Equipment business operates within a dual-organizational framework, comprising the Toyota Material Handling Group (TMHG) overseeing the lift truck business, and the Toyota Advanced Logistics Group (TALG) focusing on the logistics solutions business. The main products offered by Toyota Material Handling Group are electric lift trucks, reach-type electric lift truck, electric low lift truck, internal-combustion lift truck, and automated lift truck etc. Within the Toyota Advanced Logistics Group (TALG) management framework, the Logistics Solution Division of Toyota Material Handling Japan collaborated with Bastian Solutions LLC based in the U.S., Vanderlande Industries Holding B.V. based in the Netherlands, and Germany based viastore, which became part of the Toyota Industries Group in July 2022, together engage in development, sales, and other strategic activities to enhance business expansion, capitalizing on their respective strengths. Its main products and systems offered are automated storage and retrieval system, simple AGV, sorter, high-speed storage and picking system, and airport baggage handling system etc.

HONEYWELL INTERNATIONAL INC. (US)

Honeywell International Inc. is a diversified technology and manufacturing company serving its customers worldwide. Honeywell International Inc. operates mainly through four reportable business segments: Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. Honeywel Intelligrated is the subsegment that offers automated material handling equipment to Honeywell's clients. Honeywell Intelligrated falls under the Safety and Productivity Solutions segment that offers automated material handling equipment. Honeywell positions itself as a one-stop shop for all your automated material handling needs. Their extensive offerings include automation equipment, software, installation services, and ongoing support. This comprehensive approach helps businesses gain a competitive advantage by optimizing performance through increased flexibility, efficiency, and accuracy. Honeywell doesn't just provide individual components; they design, manufacture, and integrate complete automation solutions. This can include conveyors for transporting goods, IntelliSort sorting systems for efficient distribution, Alvey palletizers for automated palletizing, robots for various tasks, and automated storage and retrieval systems. All these components are controlled by their advanced machine controls and software, ensuring seamless operation. It's worth noting that Honeywell offers some of these Automated Storage and Retrieval Systems (ASRS) through a subsidiary called Honeywell Intelligrated. This subsidiary specializes in intelligent material handling solutions that specifically target distribution and fulfillment operations, boosting productivity for retailers, manufacturers, and logistics providers worldwide.  worldwide. The company has a strong presence in key regions such as Asia Pacific, Africa, Europe, Latin America, Middle East, and North America.

Related Reports:

Automated Material Handling Equipment Market by Product (Autonomous Mobile Robots, Cobot Palletizers, Automated Storage & Retrieval Systems, Conveyors Systems, Warehouse Management System, Automated Guided Vehicles), Region - Global Forecast to 2029

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