Material Handling Integration Market Analysis

Component (Hardware, Software, Services)

Hardware segment for the material handling integration market is expected to hold a share of 50% during the forecast period. Increasing demand for advanced technologies that help improve efficiency and automation has led to an expansion of the market. To optimize the handling of materials, such as conveyor systems, robotic arms, and automatic storage and retrieval systems, companies need strong hardware solutions. The adoption of these components is supported by the need to improve productivity, simplify operations, and make it possible to deal with a wide range of goods, placing them at the core of integration strategies for material handling. Furthermore, for material handling and the introduction of new products, market players provide hardware solutions such as automatic guided vehicles or AMRs. For instance, ResGreen Group International, Inc., a provider of software solutions and next-generation mobile robots, unveiled its bidirectional BigBuddy, one of the most reliable AGVs available in the material handling integration market, which moves loads up to 5,000 pounds using magnetic tape.

Industry Vertical (Retail & E-commerce, Healthcare, Automotive, Transportation & Logistics, Food & Beverages, Manufacturing)

The retail & e-commerce segment in the material handling integration market is anticipated to account for 34% of the revenue share by 2037. Due to the necessity of streamlining and efficient logistics, this segment will continue to grow. Sophisticated systems that are capable of handling the increased volume of orders with precision will be needed to cope with this increase in online shopping. Order fulfillment is expedited, errors are decreased, and warehouse operations are optimized through material handling integration, which combines automation, robotics, and data-driven technology. As per a report, by 2022, warehouse productivity is projected to increase by 27% due to the integration of automation and robotics. To satisfy consumer expectations for quick deliveries, the retail and e-commerce industries implement integrated solutions. This improves overall operational agility and customer happiness in the ever-changing world of online commerce.

Our in-depth analysis of the global material handling integration market includes the following segments: