Key Companies Covered in the Japan Automated Material Handling Equipment Market Research are Toyota Industries Corporation, TOYO Kanetsu K.K., IHI Asia Pacific Pte. Ltd, Tsubakimoto Chain Group, Daifuku Co., Ltd., Murata Machinery, Ltd., Okura Yusoki Co., Ltd., Seibu Electric & Machinery Co., Ltd, Sumitomo Heavy Industries, Maxpull Machinery & Engineering Co., Ltd, and other key market players.
The Japan automated material handling equipment market value was more than USD 3,270.0 million. The Japan automated material handling equipment market is forecast to grow at a compound annual growth rate (CAGR) of more than 8% during the forecast period from 2021-2030.
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The size of the global market is the main topic of this report, with a particular emphasis on North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. Based on manufacturers, regions, types, and applications, this research divides the market into categories. Another extremely thorough component of the research and analysis study of the worldwide market included in the report is regional analysis. This section provides information on the expansion of several regional and national markets in terms of sales. It gives a comprehensive country-by-country volume analysis and region-by-region market size analysis of the global market for the historical and forecast period to 2028.
A robotic system is a computer-aided device that transports materials safely, on schedule, and at a low cost. They are capable of increasing the efficiency of material storage, transportation, and retrieval. The automated guided vehicles use embedded floor wires to lead the autonomous vehicles to different facility parts. Japanese manufacturing must manage its manufacturing plants since managing the production line has become a vital operation.
The use of robotics, wireless technologies, and autonomous vehicles can handle several items simultaneously, reducing the number of trips and time needed for loading and unloading. Japanese companies are increasingly seeking automated material handling systems for their operations.
The need for automation is increasing in industries like e-commerce, automobiles, and food & beverages due to lower labor costs, improved supply chains, and lower operating costs.
A significant challenge to Japan’s automated material handling equipment market development is the high initial installation cost of automated material handling equipment.
The novel coronavirus has rapidly spread across several countries and regions, affecting people and communities alike. The early days of this problem were of no significance to humans, but now it represents an important issue for economies, trade, and finance worldwide. Since nearly all major global nations have halted operations to combat the COVID-19 pandemic, many materials handling equipment items have stopped in Japan. Japanese companies operating in the automated material handling equipment market cannot afford a complete lockdown for a long time before having to change their investment plans.
COVID-19 cases are also likely to decline as a vaccine for the disease has arrived on the market. Further, this will likely result in most of Japan’s automated material handling equipment companies resuming their full-scale operations by 2022, which will lead to the industry for such equipment recovering by that time. The manufacturers of equipment and machinery must focus on safeguarding their employees, operations, and supply networks to cope with their urgent emergencies after the cases of COVID-19 infection decline.
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Automated material handling equipment improves efficiency and reduces transportation time. Due to this, few Japanese companies manufacture advanced equipment that is fast and efficient for such applications. In June 2020, Tsubakimoto Chain Co. released a Zip Chain Lifter, a table-type lifter that transmits lifting thrust directly through Zip Chains. The advanced machine runs three to ten times faster than hydraulic lifters and reduces labor costs and time consumption. In addition, it enables high-frequency operation, which can save up to 50% in energy consumption. Due to these latest and latest innovations in machines, the automated material handling equipment market in Japan will grow throughout the forecast period.
The Japan automated material handling equipment market segmentation focuses on Product Type, System Type, Component, Application, Industrial Vertical, and Region.
Segmentation based on Product Type
Automated Guided Vehicle Automated Storage & Retrieval System Automated Crane Robotic System Automatic Conveyor & Sortation System Segmentation based on System Type
Unit Load Material Handling System Bulk Load Material handling system Segmentation based on Component
Hardware Software Services Segmentation based on Application
Assembly Packaging Transportation Distribution Storage Waste Handling Segmentation based on Industrial Vertical
Grocery General merchandise Apparel Food & Beverages Parcel Wholesale Third Party Logistics Durable Manufacturing Non-Durable Manufacturing Healthcare
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North America The U.S. Canada Mexico Europe Western Europe The UK Germany France Italy Spain Rest of Western Europe Eastern Europe Poland Russia Rest of Eastern Europe Asia Pacific China India Japan Australia & New Zealand ASEAN Rest of Asia Pacific Middle East & Africa (MEA) UAE Saudi Arabia South Africa Rest of MEA South America Brazil Argentina Rest of South America
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What aspects regarding the regional analysis Market are included in this report?
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