Asia Pacific Automated Material Handling Market to Grow at a CAGR of around 10% between 2019 and 2025

Asia Pacific Automated Material Handling Market to Grow at a CAGR of around 10% between 2019 and 2025
Knowledge Sourcing Intelligence announces the publication of a new report on "APAC Automated Material Handling Market - Forecasts from 2019 to 2025" to their offering.

Automated material handling is a method of properly and effectively managing, protecting and controlling material in the manufacturing, industrial, logistics, and other sectors in order to ensure product quality does not deteriorate

According to the report, the APAC automated material handling market is projected to expand at a CAGR of around 10% over the forecast period. Asia Pacific automated material handling market is expected to surge during the forecast period owing to the rising demand by manufacturers and industries to provide the end-product to the consumers with increased quality, lesser costs and to support the rapidly growing manufacturing and industrial sector by making processes more efficient. Moreover, due to the rising disposable income of people, their purchasing power is increasing thus increasing the number of sales of products through e-commerce channels, which is going to bolster the market growth further.

Geographically, China and Japan are expected to hold a significant amount of share in the market owing to the fact that these countries are known as the manufacturing hubs of this region. In addition, India holds to potential to increase its share over the forecast period due to the growing manufacturing activities and logistics services. Furthermore, due to the presence of key players and their participation in the market to encourage the usage of these solutions coupled with the efforts to upgrade these technologies and systems will continue to drive the APAC automated material handling market in the coming years.

Some of the major players covered as part of the report are Konecranes plc, BEUMER Group, Murata Machinery Ltd., Daifuku Co., Ltd., and Mecalux SA.

This report segmented the APAC automated material handling market on the basis of the following terms
o By Product
o Automated Guided Vehicles
o Towing Vehicles
o Unit Load Vehicles
o Pallet Trucks
o Fork Trucks
o Hybrid Vehicles
o Light Load
o Assembly Line Vehicles
o Custom AVGs
o Others

o Automated Storage and Retrieval Systems
o Unit Load
o Mini Load
o Horizontal Carousels
o Vertical Carousels
o Robotic AS/RS
o Others
o Software
o Services

o By Industry Vertical
o Manufacturing
o Healthcare
o Chemical
o Paper
o Food and Beverage
o Warehousing
o Others

o By Geography
o Japan
o China
o India
o Australia
o South Korea
o Others

View a sample of the report or purchase complete study https://www.knowledge-sourcing.com/report/asia-pacific-apac-automated-material-handling-market

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

This release was published on openPR.