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(Transportation-News.com, February 23, 2018 ) Envision Intelligence estimates that automated material handling market is projected to reach $3.486 Billion by the end of 2024 with a CAGR of 11.75% from $2.108 Billion in 2017.
Introduction:
Automated material handling system involves short-distance movement within a building, refers to any automation that reduces or eliminates the need for humans to check-in, checkout and sorting of products in various
industries.
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Industrial applications such as packaged food products and growing e-commerce industry are boosting the demand for this market and infrastructural activities are accounted for the market growth in this region.
Key players in the market include:
• Daifuku Co. Ltd.
• Siemens AG
• Bosch Rexroth
• Swisslog Holding AG
• Murata Machinery Ltd.
Reasons to buy this report:
This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include:
• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysisare performed to comprehend the market dynamics and key companies’ position during the next five years.
• Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope for the market in end user industries.
• Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
• Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
• A complete 360 degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players operating in the market is included in the report.
• Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
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