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(Transportation-News.com, September 14, 2018 ) According to Verified Market Intelligence, the global automated material handling equipment market was valued at USD 28.41 billion in 2016 and is projected to reach USD 55.67 billion by 2025, growing at a CAGR of 7.76% from 2017 to 2025.
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.
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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.
Increasing demand for personalized AVG, 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 increasing demand for automated solutions in various industries has also contributed to the growth of the market. While the availability of rental AVG, reluctance to adopt changes, real-time technical issues, and costly equipment acts a potential restraint for the overall market at a global level.
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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 to 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.
Key Topics Covered In The Report:
INTRODUCTION OF GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET
EXECUTIVE SUMMARY
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET OUTLOOK
GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY SYSTEM TYPE
GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY COMPONENT
GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY PRODUCT
GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY FUNCTION
GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY VERTICAL
GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY GEOGRAPHY
GLOBAL AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET COMPETITIVE LANDSCAPE
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Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.
Verified Market Research
Amaan Kazi
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