Press release
Automated Material Handling Market Growth by 2025 Involving Prominent Players Such as John Bean Technologies Corporation, Kuka AG, Beumer Group Gmbh & Co., and Fives Group and Others
Global Automated Material Handling Equipment Market is expected to grow from US$ 28,643.4 Mn in 2017 at a CAGR of 7.6% during the forecast period 2018 – 2025, to account to US$ 51,219.6 Mn by 2025.Get Sample Copy of this Report at – https://bit.ly/3CnblAE
This research report will give you deep insights about the Automated Material Handling Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 150 pages. All our reports are usually purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, etc. and help them in understanding about the market trends and analysis, competition, industry landscape, market size, market revenue, forecast, analysis, etc.
Top Companies:- Daifuku Co. Ltd., Hyster-Yale Material Handling, Inc., Jungheinrich AG, Kion Group AG, Toyota Industries Corporation, Hanwha Corporation, John Bean Technologies Corporation, Kuka AG, Beumer Group Gmbh & Co., and Fives Group
The state-of-the-art research on Automated Material Handling market, which is a detailed analysis of business space inclusive of the current market trends, competitive background, and size of the market. Encircling one or more parameters among analysis of the product, application potential, and global and regional growth strategies.
A number of industrial facilities and warehouses are increasing the use of automated solutions to enhance their profits, warehouse operations, comfort as well as worker safety. Automated material handling equipment are largely used at manufacturing sites, distribution centers, retail, wholesale and institutions. Furthermore, it helps in reducing labor cost since automation of processes helps in reducing involvement of several individuals and it generally requires one person to operate such systems. Various industries such as automotive, metals & heavy machinery, food & beverages, and others are concerned about reducing labor intensive processes, increasing accuracy and speed for material handling. However, the high cost associated to installation of these equipment along with the overall maintenance cost is hindering the market growth as it is often not affordable for small plants to incur such costly automation.
The expansion in the manufacturing industry is further highly driven by the economic growth worldwide. Also, the industry is presently found to be in the middle of a technological renaissance, which is changing the outlook, systems and processes of the modern factory. This technological revolution in the factories has been encouraging the manufacturing industries to further invest into these emerging technologies in order to enhance their productivity and production cycle. Currently, the manufacturing sector is witnessing error-free as well as streamlined procedures using Robotic Process Automation (RPA). The manufacturing companies are replacing the production unit from human sources to industry robots for the products to assemble, quality check, and packaging to be done. Manufacturing facilities have been incorporating greater levels of automation, so the rise or demand for new technologies is growing rapidly. Manufacturing of consumer electronics, healthcare related products, automobiles, and defense industries are some of the prominent industry verticals that have been prolific in the automation integrations into the manufacturing assembly lines. Thus, the rapid expansion in the manufacturing industry coupled with automation integrations is expected to drive the demand for automated material handling equipment globally.
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Table of Contents:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Automated Material Handling Market Landscape
5. Automated Material Handling Market - Key Market Dynamics
6. Automated Material Handling Market - Global Market Analysis
7. Automated Material Handling Market - Revenue and Forecasts to 2025 - Product Type
8. Automated Material Handling Market - Revenue and Forecasts to 2025 - Application
9. Automated Material Handling Market - Revenue and Forecasts to 2025 - Compound
10. Automated Material Handling Market Revenue and Forecasts to 2025 - Geographical Analysis
11. Industry Landscape
12. Automated Material Handling Market, Key Company Profiles
13. Appendix
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