China Automated Material Handling Market Analysis by Recent Developments and Future Scope 2021 to 2025

The report presents an in-depth assessment of the China Automated Material Handling Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for China Automated Material Handling from 2021 till 2025. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The China Automated Material Handling market was valued at USD 9214.46 million in 2019 and is anticipated to register a CAGR of over 10.9% during the forecast period (2020-2025).

Inquire for Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/01091746316/china-automated-material-handling-market-growth-trends-and-forecast-2020-2025/inquiry?Mode=S48  

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global China Automated Material Handling Market: Guangzhou Sinorobot Technology Co. Ltd, Siasun Robot & Automation Co. Ltd, Machinery Technology Development Co. Ltd, Noblelift Intelligent Equipment Co. Ltd, Shanghai Triowin Automation Machinery Co. Ltd, Shenzhen Casun Intelligent Robot Co. Ltd, Shenzhen Okavg Co. Ltd, Zhejiang Guozi Robot Technology Co. Ltd  and others.

Scope of the Report
Automated material handling equipment eliminates the need for human interference in a material handling process. Continuous rise in demand for automation with the advent of technologies such as robotics, wireless technologies, and driverless vehicles, in different industries like food and beverages, retail, general manufacturing, pharmaceuticals, and post & parcel has revolutionized the adoption of automated material handling the equipment. Type of equipment such as AS/RS, AGV, conveyor, palletizer, and sortation systems are considered under the scope of the market.

Market Overview:

China has been the largest market for the robotics industry since 2012, and the country shows no signs of a slowdown. In fact, the country is in the exact path of becoming a leader in technology and automation by 2020, as targeted by the countrys Made in China 2025 policies.
- By the adoption of automation in manufacturing, China is expected to cut manufacturing costs by 30%, by 2025. Accoding to National Bereau of Statistics China the country had around 29.85 of the population aged above 60 years in 2018. It is further anticipated that by 2050, 330 million Chinese will be over age 65. This is would result in dearth of skilled labordearth of skilled labor which would require job activities to be eased, in order to maintain productivity at work, which will boost the growth of the market studied.

Regional Analysis For China Automated Material Handling Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Key Trends:

AGV to Register Highest CAGR
- AGVs in China are being used across automotive, food and beverage, pharmaceutical, retail, electronics, and manufacturing industries.
- The automotive and general manufacturing industry in China is expected to gain traction in the future, owing to industrial developments.
- There are serveral government initiatives to support the change, for example, Made in China 2025 (China) was introduced to promote the future of productivity and growth in manufacturing industries. Due to these strategies, the Chinese Central Government expects Chinas automobile output to reach 30 million units by 2020, and 35 million by 2025.
- In addition, the IoT has ramped up logistics into high gear in China, which has encouraged sales of various retail and e-commerce companies. Billions of connected objects have the potential to support direct customer interaction and automate sales and ordering processes.
- Hence, logistics companies are investing in automated warehouses, with higher demand for AGVs. For instance, in July 2017, Cainiao, a logistics subsidiary of Alibaba Group, opened the smartest warehouse with China's largest population of robots. Here, AGVs came equipped with Wi-Fi and self-charging batteries. These factors have propelled the adoption of AGV in the country.

Browse the Report Description And TOC:

https://www.marketinsightsreports.com/reports/01091746316/china-automated-material-handling-market-growth-trends-and-forecast-2020-2025?Mode=S48

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global China Automated Material Handling Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com ).

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.