The Japan Automated Material Handling Equipment Market is a highly dynamic and rapidly growing industry, characterized by the increasing adoption of automated solutions in various end-use applications. This market is driven by the need for efficient and cost-effective material handling operations in manufacturing, warehousing, and logistics industries. The emergence of Industry 4.0, which emphasizes the integration of advanced technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), and Robotics, has further propelled the growth of this market.
The Japan Automated Material Handling Equipment Market size was valued at $4,270.0 million in 2020, and is projected to reach $10,342.8 million by 2030, registering a CAGR of 9.2% from 2021 to 2030.
Get Sample Copy @ https://www.alliedmarketresearch.com/request-sample/14027
Top 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.
The use of automated material handling equipment in Japan has been revolutionized by the continual growth in demand for automation in industries such as assembly, packaging, transportation, distribution, storage, and waste management. The japan automated material handling equipment market has grown significantly in recent years as a result of the introduction of technology such as robots, wireless technologies, and autonomous cars. To reach a broader client base, major companies in this market focus on developing inexpensive, tiny, compact, and energy-efficient material handling systems. The industry’s recent rise in e-commerce is a significant driver, with broad demand for process automation throughout the world. E-commerce companies in Japan strive to improve the quality of their services by generating minimum waste as possible.
Buy Now @ https://www.alliedmarketresearch.com/checkout-final/fa1710d54e74c9e69903cc63482b25fb
Various key players of Japan are implementing strategic moves such as agreement, business expansion and partnership to strengthen its position in the market. For instance, On February 2021, Daifuku Co., Ltd. and Germany-based AFT Industries AG had an agreement to form a business partnership aimed at leveraging the material handling expertise of both companies in the automotive industry. Daifuku and AFT will use this mutually beneficial business partnership as a way globally to open channels and secure growing demand and investment from automotive manufacturers for material handling systems. Hence, such agreements and partnerships are expected to provide Japan automated material handling equipment market growth in forecast period.
However, due to a lockdown imposed in countries such as China, the United States, India, and others due to the coronavirus issue, numerous manufacturers in the worldwide Japan automated material handling equipment had to halt their business production. This disruption has a direct impact on the sales of Japan automated material handling equipment. However, it is expected that the reopening of production facilities and the introduction of coronavirus vaccines will lead to the reopening of Japan automated material handling equipment firms.
Make a Purchase Inquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/14027
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060