Post on 06-Apr-2016
description
transcript
GLOBAL AUTOMATED MATERIALHANDLING & STORAGESYSTEMS MARKET
Market Shares, Forecasts& Trends
2014 - 2019
mordorintelligence.com
3. MARKET OVERVIEW
3.1 Current Market Scenario
The Global Automated Material Handling and Storage Systems Market is poised to break into double
digit growth in 2014 again after a slow 6% growth in 2013. The demand is global with increasing need
for automation in a multitude of fields like pharmaceutical/healthcare, e-commerce/multichannel,
fashion, retail and cosmetics. Rising labor costs and increased affordability have recently given the
industry a boost. Today, AGVs play an important role in the design of new factories and warehouses as
more companies recognize the technology as an efficient, dependable and versatile material handling
solution
The investment trend will tend to shift from a 75-25 split between manufacturing and Warehousing &
Distribution to a 50-50 split by 2020. Simpler User interfaces will replace black box type technology. The
market will be driven forward by increasing trade volumes thereby needing delivery times to become
shorter and shorter and raising the demands on logistics.
The industry in APAC and other developing economies will be driven by the incredible rise in e-
commerce logistics. Investment in warehousing projects will lead to a higher need for automated
systems.
3.3 Factors driving the technology
3.3.2. Increasing focus on Workplace safety
The greatest asset of any company is its workforce, an injury or death to any one person in the
workforce is a direct blow on the productivity of the company and the morale of the labour.
Workplace safety is about preventing injury and illness to employees and volunteers in the workplace.
According to the UK Govt. Health and Safety statistics, the rates for fatal injuries at work are:
Great Britain – (0.71 per 100 000 workers)
France (X.X per 100 000)
Germany (0.81 per 100 000)
Italy (X.X per 100 000)
Spain (X.X per 100 000).
The rates for work – related injuries are:
UK workers – (X.X%)
Portugal (X.X%)
Bulgaria (2.4%),
Germany (X.X%)
Spain (4.2%)
Poland (X.X%)
EU-27 (5.5%)
Although these rates are considerably lower than the rest of the world. They still pose a considerable
threat to the workforce thereby drastically increasing the need for workplace safety.
Automation is the way to do this as it considerably reduces the probability of injuries or incidents in the
workplace. Automation, in the process of increasing efficiency also makes Workers move to supervisory
roles where they no longer have to perform dangerous applications in hazardous settings.
The Occupational Safety and Health Act of 1970 (OSHA) of the US Government has been promoting the
use of automation and robotics in the factory to make work safer and protecting the physical well-being
of the worker. The guidelines of the act are followed all over the world with minor modifications.
3.4 Factors restraining the market
3.4.1 High initial investment
Automated Equipment requires high capital expenditure to invest in automation (an automated system
can cost millions of dollars to design, fabricate, and install), a higher level of maintenance is needed
than with a manually operated machine, and a generally lower degree of flexibility in terms of the
possible products as compared with a manual system (even flexible automation is less flexible than
humans, the most versatile machines of all).
With the economy in flux, the materials handling equipment industry’s short term future is simply not as
rosy as hoped. The company’s willing to spend more are reducing year on year. However Companies are
cautious about hiring people so they are investing in existing facilities and making people more
productive which is the sweet spot for this business.
The bigger companies with resources might invest in new technologies but the smaller ones will sit back
and see until a proven solution is known due to their inability to take risks. This is a major hindrance to
the up and coming technologies in the field.
3.5 Current Opportunities in the Market
Automated Material Handling market presents a unique opportunity for vendors. Now, when there is a
considerable debate over the efficiency of new products, cost savings and environmental concerns,
vendors of these products are investing in research and development to make sure the new systems
adhere to the norms set by government policies or industry regulations. One of such offerings is high-
performance FCvelocity® 9SSL fuel cell stacks for use in the material handling market. This product
being manufactured by Ballard, is used in zero-emission fuel-cell powered lift trucks which delivers
economic, operational as well as environmental benefits. Growth of this market will also help allied
industries to manufacture products which are used in assembly of automated material handling
systems.
E-commerce is another such market which is yet to reach its full potential. With increasing preference of
consumers for online shopping and subsequent growth in online retail market, logistics and large
warehouses will become a necessity in future. This presents a significant opportunity for vendors of
Automated Material Handling solutions who can target this potential; high growth market segment.
Significant focus on manufacturing in developing economies like India and increasing penetration of
smartphones will are also revenue generation opportunities for the vendors of automated material
handling solutions.
3.7 Porter’s Five Forces
3.7.5 Competitive Rivalry within the Industry
The presence of large number of manufacturers of Automated Material Handling products increases the
competition between them for market dominance. The players are continuously expanding their
operations by acquisitions and focusing in research and development. Beumer, one of the market
leaders in this segment expanded its footprint by acquiring EnexcoTeknologies in 2011. Similarly
Swisslog, another market leader formed a joint venture with Heron Corp. for its light foods technology
expansion. As the market expands further with increase in economic activity in Asia Pacific, competition
will become fiercer and cost will play an important factor in determining the profitability of the players.
Competitive rivalry is high.
5. AUTOMATED GUIDED VEHICLES SYSTEMS MARKET BREAKDOWN BY
TYPE – MARKET SHARE, FORECAST
5.2 Tow Vehicles
These vehicles are the most productive form of Automated Guided Vehicles, as they can make more
loads per trip than other types of AGV’s. There are also known as “Tuggers”, because they are designed
to pull wheeled carts which can be loaded and unloaded with material automatically or manually. Some
of the benefits of these systems are: material handling is efficiently planned and predictable, increased
safety and can be operated to meet high production rates.
5.2.2 Market Share, Size and Forecast
2014 2015 2016 2017 2018 2019
Tow Vehicles Market Trends - ($ billion)
Being one of the most efficient systems, these are in huge demand. With the present market estimate of
$2.36 billion, the market for these is expected to cross $X.X billion by the end of first quarter of 2020. By
the end of 2019 these systems will contribute to XX% of the Global AGV’s market.
6. AUTOMATED STORAGE AND RETRIEVAL SYSTEMS (AS/RS) MARKET
BREAKDOWN BY TYPE – MARKET SHARE, FORECAST
6.2 Mini Load AS/RS
6.2.1 Introduction
The Mini load AS/RS are designed to handle small parts, totes, trays, and cartons. These systems are
capable of rapid acceleration and high-speed movement. These products are ideally suited for
automatic inventory storage and retrieval in high density warehouse operations and for dynamic picking
/ automated replenishment in order fulfillment systems.
6.2.2 Market Share, Size and Forecast
Mordor estimates present market for Mini load AS/RS systems to be approximately $X.X billion and is
expected to grow at a CAGR of X.X% to cross $X.X billion mark by the end of 2019.
2014 2015 2016 2017 2018 2019
Mini Load AS/RS Market Trends - ($ billion)
7. AUTOMATED MATERIAL HANDLING MARKET BY INDUSTRY – MARKET
SHARE, FORECAST
7.4 Retail
7.4.1 Introduction
With increasing competition in retail industry, cost-savings become paramount. Warehouse space,
increasing throughput and increased forklift operator productivity are all important to maximize the
efficiency and reducing the cost of handling per unit. Retail enterprises are increasingly investing
material handling solutions to maximize their process efficiency whiles saving on labor costs.
7.4.2 Market Share, Size and Forecast
Retail remains one of the biggest industry for material handling solutions across the world. Growing competition
across the industry is putting significant cost pressure on enterprises operating in these industries. It becomes
imperative of them to invest in technology to remain competitive and ready to face uncertain economic
conditions.
The market for Automated Material Handling solutions is expected to grow at a CAGR of X.X% to cross
$X.X billion by the end of 2019 from the current estimates of $X.X billion. Material Handling solutions for
retail in European market is the highest growth market. The disruptive e-commerce market is changing
the way enterprises operate. They are investing in logistics and warehouses to optimize their supply
chain and improve their business operation. Growing consumer confidence and improving economic
conditions of major countries will drive the need for investment in these solutions and making it a high
growth market
2014 2015 2016 2017 2018 2019
Automated Material Handling Market - Retail - ($ billion)
8. AUTOMATED MATERIAL HANDLING AND STORAGE SYSTEMS MARKET
BY GEOGRAPHY
8.2 Europe
8.2.2 Germany
8.2.2.1 Market Share, Size and Forecast by Automated Guided Vehicles Systems
The long recessionary period has hit the industry. Uncertainties in euro zone and excessively long
stretch of excessively low consumer-price growth has slowed the manufacturing industry and in turn
the market for Automated Material Handling. Though the measures are being taken by the European
Central Bank and German manufacturers were one of the driving factors for sustaining the euro zone
economy, a slowdown in German market can have an impact on the European market on the whole. The
manufacturing activity is expected to pick up in the last quarter of this year with an improving market
scenario across the Euro zone, the market for automated guided vehicles is expected to perform better
in future.
2014 2015 2016 2017 2018 2019
Germany Automated Guided Vehicles Systems Market - ($ billion)
Presently, Germany is a more than $X.X billion market for automated guided vehicle systems. It is
expected to become a $X.X billion market by the end of 2019 growing at a CAGR of X.X% for this period.
Germany remains the biggest market in Europe for these systems as it is the biggest economy of
Europe along with strong manufacturing industry which contributed XX% to its GDP for the period 2009-
2013 (Source: World Bank).
8.3 Asia Pacific
8.3.2 China
8.3.2.1 Market Share, Size and Forecast by Automated Guided Vehicles Systems
Manufacturing contributes to XX% of GDP to Chinese economy. Being one of the major hubs for
companies around the world, China has been one of the major manufacturing destination in Asia
Pacific. Government policies and low cost labor caused a tremendous growth in this sector. Though,
there has been some decline in recent time, it still remains a major market for Automated Guided
Vehicle systems. Investments are being planned for quality of growth, addressing environmental
concerns and reducing overcapacity. This focus will enhance investments in technologies and in turn
for Automated Guided Vehicle systems.
The market for Automated Guided Vehicles in China is expected to grow at a CAGR of X.X% to reach
$X.X billion mark by the end of 2019, from the present estimate of $X.X billion. The high growth market
is an opportunity for vendors of Automated Guided Vehicles to expand their footprint apart from big
markets like Europe and North America.
2014 2015 2016 2017 2018 2019
China Automated Guided Vehciles Market ($ billion)
9. VENDOR MARKET SHARE- AUTOMATED MATERIAL HANDLING
SYSTEMS
Vendor Market Share
Daifuku
Kardex AG
ABOUT US
Mordor Intelligence is a global market research and consulting firm. Our singular focus is to provide research
insights for business success.
Our research team has expertise in diverse fields like Agriculture, Healthcare, ICT, Chemicals, Manufacturing,
Logistics, Electronics and Automotive. However diverse the expertise maybe, everyone in our team shares one
common trait - we love data and we love providing solutions to clients using that data even more. Seeing your
business flourish based on our solutions and strategy is what we love the most.
DISCLAIMER
Mordor Intelligence Reports and their contents, including all the analysis and research containing valuable market
information, are provided to a select group of customers in response to orders. Our customers acknowledge when
ordering that Mordor Intelligence strategic analysis services are for our customers’ internal use and not for
general publication or disclosure to third parties.
Quantitative market information is based primarily on interviews and therefore, is subject to fluctuation. Mordor
Intelligence takes no responsibility for any incorrect information supplied to us by manufacturers or users.
No part of this strategic analysis service may be given, lent, resold or disclosed to non-customers without written
permission. Reproduction and/or transmission in any form and by any means including photocopying,
mechanical, electronic, recording or otherwise, without the permission of the publisher is prohibited.
For information regarding permissions and sales, please contact: info@mordorintelligence.com
7 | Mordor Intelligence !
!
Mordor Intelligence LLP No. 30, Padma Nilaya, Chola Nagar Bangalore, Karnataka, India 560032
+1 781 881 1110 | info@mordorintelligence.com
Copyright © 2014 Mordor Intelligence LLP All Rights Reserved. This document contains highly confidential information and is the sole property of Mordor Intelligence LLP. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of Mordor Intelligence LLP.