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(EstateNewsWire.com, October 05, 2018 ) Global Automated Material Handling Equipment Market Analysis
According to Verified Market Intelligence, The Global Automated Material Handling Equipment Market was valued at USD 33.28 billion in 2017 and is projected to reach USD 57.11 billion by 2025, growing at a CAGR of 8.0% from 2018 to 2025.
What is Automated Material Handling Equipment?
Automated material handling equipment can automate the most tedious, dull, and unsafe tasks in the production line of different industries. These equipment are used by the end users to improve the quality, throughput, flexibility, and consistency along with decreasing ergonomic hazards for workers. It helps in enhancing the efficiency of the production line and increases the customer satisfaction by delivering quality products on time.
Automated material handling equipment offers numerous advantages such as increases profit, enhances production quality & quantity, time saver, reduced labor costs and improved efficiency. It has many applications in various industries that include- automotive, metals & heavy machinery, food & beverages, chemical, healthcare and aviation etc. Thus, these factors boost the growth of automated material handling market.
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Global Automated Material Handling Equipment Market Outlook
Increasing demand for personalized AGV, growing need for workers safety, the rise in the integration of industry 4.0 with robots and growing e-commerce industry have been driving the global automated material handling equipment market. Moreover, reducing labor cost through advancement in robotics and the increasing demand for automated solutions in various industries has also contributed to the growth of the market. While the availability of rental AGV, reluctance to adopt changes, real-time technical issues, and costly equipment acts potential restraints for the overall market at a global level.
Global Automated Material Handling Equipment Market Competitive Landscape
The “Global Industrial 3D Printing Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Hyster-Yale Material Handling, Inc., Kion Group AG, Hanwha Corporation , Kuka AG , Fives , Murata Machinery, Ltd., TGW Logistics Group GmbH , Viastore Systems GmbH and Daifuku Co., Ltd.. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Global Automated Material Handling Equipment Market Segmentation, by System Type
Bulk Load Material Handling Unit Load Material Handling Global Automated Material Handling Equipment Market Segmentation, by Component
Software Warehouse Control System Warehouse Execution System Warehouse Management System Services Training Software Upgradation Maintenance and Repair
Global Automated Material Handling Equipment Market Segmentation, by Product
Automated Cranes Automated Guided Vehicles Robots Automated Conveyors and Sortation Systems Automated Storage and Retrieval Systems Global Automated Material Handling Equipment Market Segmentation, by Function
Packaging Distribution Waste Handling Storage Transportation Assembly Global Automated Material Handling Equipment Market Segmentation, by Vertical
Healthcare Metals & Heavy Machinery Food & Beverages Aviation E-Commerce Automotive Chemical Semiconductor and Electronics Others Global Automated Material Handling Equipment Market Geographic Scope
North America S. Canada Mexico Europe Germany UK France Rest of Europe Asia Pacific China Japan India Rest of Asia Pacific Latin America Brazil Rest of the World
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About Us: Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
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Verified Market Research
Amaan Kazi
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