DUBLIN--(BUSINESS WIRE)--The "India Automated Material Handling (AMH) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The India Automated Material Handling (AMH) Market was valued at USD 1353.8 million in 2020 is expected to reach USD 2739.34 million by 2026 at a CAGR of 12.7% over the forecast period from 2021 - 2026.

An increase in infrastructure investment by the government and investments from industries, along with the 'Make in India' initiative, is expected to drive AMH systems' demand.

The government of India aims to increase the manufacturing sector's share to the gross domestic product (GDP) to 25% by 2022, from 17% in 2018. Thus, manufacturers are likely to incorporate Industry 4.0 and other digital technologies to achieve this target. In India, the product consumption pattern is changing at a significant rate.

The increasing middle-class population is likely to drive the need and demand for sortation systems to cater to the rising demand across the retail sector.

The Indian market is expected to be one of the world's largest aviation markets by 2026, enabling India's airports to be future-ready. Additionally, According to Civil Aviation Minister, India plans to construct 100 new airports with an investment of USD 60 billion in the next 10-15 years to make air travel more affordable. These factors boost the demand for AMH equipment in the country.

The automotive end-user industry in the country, which handles a high volume of materials and has a high throughput ratio, is expected to opt for AMH systems. According to the Airport Authority of India, passenger traffic is expected to increase to 322 million in 2018-19 with considerable investments in airport infrastructure. Domestic air transport in India is expected to grow four times and six times, respectively.

In December 2019, BYD India, a subsidiary of the BYD Group, announced that it has expanded into the material handling equipment business in the country, making it only an Indian company to offer MHE products with lithium-ion phosphate battery in the country. The company's primary focus is on 3PL (third party logistics), warehousing, and logistics companies.

According to the Head of BYD India MHE business, "The Indian warehousing and logistics sector is anticipated to attract nearly USD 10 billion investment over the next few years, and the technological advancement and process optimization of the warehousing industry is the key driving force behind the growth of logistics sector." In India, the company has set up a head office in Chennai.

In July 2019, Godrej Material Handling, a business of Godrej & Boyce Mfg. Co. Ltd. announced Godrej RenTRUST, their new equipment rental brand that will provide 360-degree solutions to customers encompassing workforce, machine, fuel, and maintenance. Currently, the Indian material handling industry struggles with a lack of skilled labor, standardization (palletization), regulations, and fragmented nature of business.

However, along with GST, many other trends shift the industry from being fragmented and unorganized to consolidation towards more significant organized players. The inclination towards asset-light models has created a business opportunity for held FLT rental businesses in India, which would offer an end-to-end solution.

The warehousing property segment is emerging as a significant investment opportunity for investors. However, the COVID-19 lockdown has led to a slowdown in the warehousing industry with both investment activity and occupier leasing being subdued in Q1 2020. The first quarter witnessed only one investment deal worth USD 54 million in the Indian warehousing sector.

Economists across the globe have forecast India's GDP growth to slow down considerably in 2020 due to the COVID-19 lockdown, affecting businesses across the board and reducing their aggregate demand for warehouses. But the signs of the warehousing industry are not as grim as it appears, which would negatively affect the automated material handling market as most of the warehouses are equipped with them.

Competitive Landscape

The India Automated Material Handling (AMH) Market is quite competitive. It consists of significant individual players such as Daifuku India Private Limited, Godrej Consoveyo Logistics Automation Ltd, Kardex India Storage Solutions Private Limited, Armstrong Ltd., which is a moderately fragmented market. The companies in the market are increasing their market presence by introducing new products or by entering into strategic mergers and acquisitions.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHT

4.1 Market Overview - Trends and Emerging Technologies (Covers the impact due to COVID-19)

4.2 Industry Attractiveness - Porter's Five Forces Analysis

4.3 Market Drivers

4.3.1 Investment Plans for E-Retailers, GST, Make-in-India etc.

4.4 Market Challenges

4.4.1 Harsh Operating Conditions and Availability of Cheap Labor

4.5 PESTLE Analysis

4.6 Evolution of Warehousing Industry in India

5 MARKET SEGMENTATION

5.1 Type of Solution

5.1.1 Automated Conveyor

5.1.2 Automated Storage & Retrieval System (AS/RS)

5.1.3 Automated Guided Vehicles (AGV)

5.1.4 Palletizer/Sortation Systems

5.1.5 WMS/WCS Solutions

5.2 End-User

5.2.1 Airport

5.2.2 Manufacturing

5.2.3 Retail/Warehouse/Logistics Center

5.2.4 Other End-User

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Daifuku India Private Limited (Incl. Vega Conveyors & Automation)

6.1.2 Space Magnum Equipment Pvt. Ltd

6.1.3 Godrej Consoveyo Logistics Automation Ltd (GCLA)

6.1.4 Kardex India Storage Solutions Private Limited

6.1.5 Armstrong Ltd.

6.1.6 Falcon Autotech Private Limited

6.1.7 GreyOrange Pte. Ltd.

6.1.8 Addverb Technologies Inc.

6.1.9 Hinditron Group

6.1.10 The Hi-Tech Robotic Systemz Limited

6.1.11 Bastian Solution Private Limited

7 INVESTMENT ANALYSIS

8 FUTURE OUTLOOK OF THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/caaaur

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