India Automated Material Handling (AMH) Market Size

India Automated Material Handling Market Analysis

The India Automated Material Handling Market size is estimated at USD 1.47 billion in 2024, and is expected to reach USD 2.66 billion by 2029, growing at a CAGR of 12.70% during the forecast period (2024-2029).

An idea that evolved from material handling procedures is automated material handling. It uses a variety of machinery to assist workers in a manufacturing facility in moving the finished product to storage facilities or moving the product assembled between assembly stations.

• A substantial increase in demand for automated material handling equipment is also anticipated throughout the projection period due to the growing e-commerce sector. There is an increasing need for precise, quick, and efficient customer service to deliver the acquired product as more people turn to online shopping, customer expectations are continuously changing, and there is fierce rivalry among online retailing companies.
• The market is expanding across the region due to the expansion of product options and the increased demand for automated material-handling equipment among significant industries.
• Producers may also embrace Industry 4.0 and other digital technologies, such as retail, to accomplish this goal. The way that products are consumed in India is evolving significantly. The necessity and demand for sortation systems to meet the increased market across the retail industry are projected to be driven by the growing middle-class population.
• Additionally, the need for automated material handling equipment is being augmented by the growing number of product offerings and start-ups in numerous industries.
• However, issues similar to the rise in prices, high expenditure on capital, and high maintenance costs of equipment and systems, along with the breakdown of AMH equipment, can negatively impact the company's overall earnings as production delays the entire production process, which resolution losses and decline in plant performance which may hamper the market growth.
• The COVID-19 outbreak and lockdown restrictions across India affected industrial activities. Supply chain interruptions, a scarcity of raw materials needed for manufacture, workforce shortages, pricing fluctuations that could drive up production costs and push them beyond budget, and shipping issues are a few consequences of a lockdown.