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Automated Truck Loading System (ATLS) Market to grow at a CAGR of 4.8% by 2031 | Ancra Systems B.V., Ari, BEUMER Group GmbH & Co. KG

06-23-2023 03:48 PM CET | Logistics & Transport

Press release from: Global Insight Services

Automated Truck Loading System (ATLS) Market to grow at a CAGR

New York, The global automated truck loading system (ATLS) market was valued at US$ 2.7 billion in 2021 and it is anticipated to grow up to US$ 4.4 billion by 2031, at a CAGR of 4.8% during the forecast period.

Global Automated Truck Loading System (ATLS) Market report from Global Insight Services is the single authoritative source of intelligence on Automated Truck Loading System (ATLS) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Automated truck loading systems are used for loading and unloading material in trucks in various industries. This system helps reduce the workforce and minimize accidents, hence growing the adoption of an automated truck loading system. Rising automation in the industries is also augmenting the growth of the automated truck-loading system market. Growing transportation of material is focusing on optimizing the logistics supply chain, accelerating the growth of the automated truck loading system market. This system helps to eliminate product damage and increase the efficiency of loading and unloading material.

Market Drivers and Trends
Autonomous truck loading plays a vital role in automated logistics processes. Companies such as Google and Tesla have made significant advances in logistics technologies. The future of logistics will include a largely automated truck loading system that assists in delivering goods to distribution centers. Autonomous forklifts will be responsible for unloading packages using a network of conveyor belts and robot arms. Tesla, a leading manufacturer of electric vehicles, is undertaking measures to introduce a fully automatic truck loading system. Similarly, companies such as Amazon and United Parcel Service invest in developing automated delivery processes. Thus, adopting autonomous vehicles will help grow the global automated truck loading system (ATLS) market.

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Global Automated Truck Loading System (ATLS) Market Segmental Overview
The report analyses the global automated truck loading system (ATLS) market based on loading dock, system type, application, and region.

Global Automated Truck Loading System (ATLS) Market by Loading Dock

Based on loading dock, it is segmented into flush, enclosed, and saw-tooth. The saw-tooth segment is expected to have the largest automated truck loading system (ATLS) market share in 2021. The major drivers contributing to this growth include increasing the adoption of saw-tooth-designed loading docks for efficient loading and unloading processes. These saw-tooth docks are applied where the dock space needs to be reduced. In this dock design, the truck requires less space as it is already lined up in the driveway direction. Hence, these docks are utilized in industries with space constraints for loading and unloading operations. Due to multiple benefits, the saw-tooth segment is expected to receive the main market attraction resulting in market growth.

Global Automated Truck Loading System (ATLS) Market by System Type

Based on system type, it is segmented into chain conveyor, slat conveyor, belt conveyor, skate conveyor, roller track, and automated guided vehicle. The roller track segment is expected to dominate the market during the forecast period. Roller track system provides an efficient roller system to enable the movement of loads, products, or machinery within a predetermined location. It was mainly invented to improve the manual loading of vehicles. The principle of a roller track system is to have the rollers available only when movement is required, with the load safely located on a floor at all other times. Roller tracks can be incorporated with scissor lifts and dock levelers, making loading and unloading trailers with varying floor heights much easier. Furthermore, Roller track systems have various applications in various industries, including paper, post and parcel, FMGC, pharmaceutical, automotive, and warehouse & distribution. Due to the abovementioned factors, the roller track segment are expected to dominate the market during the forecast period.

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Global Automated Truck Loading System (ATLS) Market by Application

Based on application, it is segmented into logistics and transportation industry, food & beverage industry, paper industry, automotive industry, air freight industry, and cement industry. The automotive industry segment is expected to be the largest segment in the automated truck loading system (ATLS) market in 2021. The automotive industry is one of the front runners in the field of automation and mechanization of the logistics chain. The major reasons for this growth include the widespread deployment of ATLS in this industry. The loading system plays a very important role as the components have to be delivered at the correct place, at the correct time, and in the correct sequence. Thus, the automotive industry segment will likely hold a major market share in 2021.

Geographical Analysis of Global Automated Truck Loading System (ATLS) Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Europe market is expected to hold the majority of the market share in 2021. The factors contributing to this growth include the growing importance of adopting automation technologies for truck loading and unloading. The European region majorly comprises automotive and large process industries. These industries continuously strive to achieve greater efficiency by delivering goods on time. Adopting ATLS can help reduce the truck turnaround time, reduce the workforce requirement, and save costs. This, in turn, boosts the demand for automated truck loading system (ATLS) in the Europe region.

Major Players in the Global Automated Truck Loading System (ATLS) Market
The key players studied in the global automated truck loading system (ATLS) market are Actiw Oy (Finland), Ancra Systems B.V. (The Netherlands), Ari (US), BEUMER Group GmbH & Co. KG (Germany), Blue Star Limited (India), Europa Systems Sp. z o.o (Poland), Joloda Hydraroll Limited (UK), Secon Components S.L (Spain), SMCore Inc. (South Korea), and Technica International SAL (Lebanon).

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