Automated material handling (AMH) market is expected to reach a market value of USD 68991.5 million by 2023 at a CAGR of 11.29%, over the forecast period (2018 - 2023)| Key Vendors - Kardex Remster, Daifuku Co., Ltd., Intelligrated, Dematic Corp., Bastian

Market Analysis:

Advances in global industrial production, rapid growth in the number of industrializing countries, increasing emphasis on workplace safety, and rapid growth in the e-commerce industry are expected to raise the need for automated material handling equipment during the forecast period. AMH manufacturers are increasingly spending on R&D activities to achieve product differentiation and produce highly efficient AMH systems.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/17421
Note: “If this link doesn’t work in Internet Explorer, kindly try pasting it in other browsers.”

With the increase in the global population and rise in personal incomes, the demand for various products is expected to witness significant growth. Substantial gains in automated equipment demand are expected to influence the manufacturers to shift their preferences toward the products that enhance productivity and are flexible for integration into automated warehouses. Increasing investment in various industries in developing countries, such as China, India, etc. and rising efforts among end users to reduce labor costs, particularly in developed markets such as the United States, are expected to impact the growth of the automated material handling industry. Retail segment is expected to lead the global AMH Market.

Request Discount on this report @ https://marketprognosis.com/discount-request/17421
Note: “If this link doesn’t work in Internet Explorer, kindly try pasting it in other browsers.”

Market Segments:
Automated material handling (AMH) market is segmented by:
1. Product Type: Automated Storage and Retrieval System, Automated Guided Vehicle, Conveyor, Palletizer, Sortation System
2. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• September 2017 - Zambu00fa Higiene, an organization which manufactures, distributes, and sells more than four thousand industrial hygiene and cleaning products, has hired Mecalux to supply and install the high-density Pallet Shuttle system.
• March 2017 - Yamazaki Mazak Corporation, a Japanese machine tool builder, based in Oguchi, and Murata Machinery, Ltd. collaborated in the development of the “MAZATEC SMS (Smart Manufacturing System)”. This collaboration is expected to pool the internal factory material handling technology of Murata Machinery, Ltd. with the advanced horizontal machining centers and multitasking machine tools of Yamazaki Mazak Corporation into one masterpiece technology.

Enquiry before Buying @ https://marketprognosis.com/enquiry/17421
Note: “If this link doesn’t work in Internet Explorer, kindly try pasting it in other browsers.”

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today's complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.