Japan Automated Material Handling Equipment Market Insights Forecasts to 2032

• The Japan Automated Material Handling Equipment Market Size was valued at USD 4,890 Million in 2022.
• The Market Size is Growing at a CAGR of 9.5% from 2022 to 2032
• The size is expected to reach USD 12,132 Million by 2032.

The Japan Automated Material Handling Equipment Market Size is expected to reach USD 12,132 Million by 2032, at a CAGR of 9.5% during the forecast period 2022 to 2032.

Market Overview

Automated material handling systems are computer-controlled systems that aid in the safe, on-time, and low-cost delivery of commodities. They contribute to improved material transportation, storage, and retrieval efficiency. Automated guided vehicles, for example, employ embedded floor wires to lead autonomous cars to various areas across the factory. Because controlling the manufacturing plant has become a vital function, the relevance of the automated material handling equipment sector in Japan is increasing at an exponential rate. In addition, the companies in Japan's automated material handling equipment market share can only afford a total lockdown for a limited period before needing to adjust their investment plans. Furthermore, the number of COVID-19 cases is projected to decline shortly as a COVID-19 vaccine is now available on the market. This is also projected to result in the re-start of Japan's automated material handling equipment firms at full capacity, assisting the Japan automated material handling equipment market to recover by the beginning of 2022.

Report Coverage

This research report categorizes the market of Japan renewable energy market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan renewable energy market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Japan renewable energy market.

Driving Factors

Robotics, wireless technology and autonomous vehicles are commonly used to handle several products at the same time, reducing the number of trips and time required for loading and unloading. These reasons contribute to a rise in demand for automated material handling systems in Japan. Furthermore, the demand for automation is increasing in industries such as e-commerce, automotive, and food and beverage due to decreased operational costs, improved supply chain procedures, and lower personnel prices. However, the high initial installation cost of automated material handling equipment poses a significant impediment to the development of the Japanese automated material handling equipment market.

Market Segment

• In 2022, the unit load material handling segment is the fastest growing market during the forecast period.

Based on the system type, Japan automated material handling equipment market is segmented into unit load material handling and bulk load material handling. Among these segments, solar is the largest market share during the forecast period. Unit load material handling systems typically involve the movement of discrete loads or individual items, such as pallets, crates, or containers. These systems are commonly used in industries such as warehousing, distribution, and manufacturing.

• In 2022, the hardware segment is dominating the highest market growth during the forecast period

Based on the component, the Japan automated material handling equipment market is bifurcated into hardware, software, and services. Throughout these segments, the hardware segment is the largest market share value during the forecast period. Hardware components include various types of equipment and machinery used for material handling, such as conveyors, robots, automated guided vehicles (AGVs), picking systems, sorting systems, and storage systems. Hardware is typically a significant component in any automated material handling system due to its physical nature and direct involvement in material movement and processing.

• In 2022, the E-commerce segment is dominating the highest market growth during the forecast period

Based on the application, the Japan automated material handling equipment market is segmented into automotive, food & beverages, chemical, semiconductor & electronics, E-commerce, aviation, pharmaceutical, & others. Among these segments, the E-commerce segment is the largest market share value during the forecast period. Increased penetration of online shopping platforms, the presence of significant online merchants, and expanding logistical infrastructure are likely to promote demand for this product in the e-commerce industry. Several grocery shops have grown into convenience stores that offer fast-food-like services such as frozen food, ready-to-eat meals, and fresh products, resulting in the rise of the food sector. The frozen food sector has drastically transformed its production and material handling practices.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan renewable energy market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Daifuku Co., Ltd.
• IHI Asia Pacific Pte. Ltd
• Maxpull Machinery & Engineering Co., Ltd
• Sumitomo Heavy Industries
• Tsubakimoto Chain Group
• Toyota Industries Corporation,
• Murata Machinery, Ltd.
• TOYO Kanetsu K.K.
• Okura Yusoki Co., Ltd.
• Seibu Electric & Machinery Co., Ltd.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2022 to 2032. Spherical Insights has segmented the Japan Automated Material Handling Equipment Market based on the below-mentioned segments:

Japan Automated Material Handling Equipment Market, By System Type

• Unit Load Material Handling
• Bulk Load Material Handling

Japan Automated Material Handling Equipment Market, By Component Type

• Hardware
• Software
• Services

Japan Automated Material Handling Equipment Market, By Application

• Automotive
• Food & Beverages
• Chemical
• Semiconductor & Electronics
• E-commerce
• Aviation
• Pharmaceutical
• Others