According to a report from Research and Markets, the automated material handling equipment market in North America will grow at a CAGR of 8.24% during the period from 2017 to 2021.

One trend in the market is the increased use of robotics systems driving toward Cobotics. Robotics system is expected to witness the highest growth rate during the forecast period. This is because companies from various industries are buying or investing in the robotics system. Robots are employed in various industries to complement workers rather than replace them. They form a team of man and machine for performing complex parts of the assembly process easier, faster and safer.

According to the report, one driver in the market is increased automation in various industrial segments. Material handling equipment is becoming more automated and integrated for designing complete systems. Various end-user segments, such as automotive, chemical, aviation, semiconductors and electronics, e-commerce, food and beverage and healthcare industries are adopting automated systems in their supply chain. AMHE is used throughout the product lifecycle, from manufacturing to storage, distribution, consumption and disposal for increasing the efficiency of the entire supply chain.