Press release
Automated Truck Loading System Market Outlook 2024: Exclusive Report By The Business Research Company | Toyota Industries Corporation, Konecranes PLC, Dematic Corporation, FLSmidth & Co. A/S, Heico Companies LLC
Automated Truck Loading System Market Growth
The Business Research Company offers in-depth market insights through Automated Truck Loading System Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The automated truck loading system market size has grown strongly in recent years. It will grow from $2.86 billion in 2023 to $3.09 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to increased demand for efficiency and productivity, growing demand for automation systems, increasing use of microprocessors in automated truck loading systems, government initiatives.
The automated truck loading system market size is expected to see strong growth in the next few years. It will grow to $4.03 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to continued growth of the e-commerce sector, increasing adoption of artificial intelligence in e-commerce (atls) by small and medium-sized enterprises (smes), global supply chain complexity, integration with warehouse management systems (wms). Major trends in the forecast period include autonomous loading and unloading, real-time tracking and visibility, green and sustainable solutions, robotics and ai in e commerce, data analytics and predictive maintenance, cloud-based automated truck loading system development.
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Market Segmentation:
The main types of loading docks included in automated truck loading systems are flush docks, enclosed docks, sawtooth docks, climate-controlled docks and others. A flush dock refers to a type of loading dock that is flush with the outside wall of a building and is commonly used in warehouses and industrial buildings. The various types of systems included are chain conveyor systems, slat conveyor systems, belt conveyor systems, skate conveyor systems, roller track systems, automated guided vehicles and others, which are used in several types of trucks, including non-modified truck types and modified truck types. It is used by several industries, such as aviation, cement, FMCG (fast-moving consumer goods), post and parcel, automotive, textile, pharmaceutical and others.
Automated Truck Loading System Global Market Report 2023 provides data on the global automated truck loading system market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors' revenues, profiles and market shares. The automated truck loading system market report identifies opportunities and strategies based on market trends and leading competitors' approaches.
Major Driver - Growing Manufacturing Activities Fuel The Expansion Of The Automated Truck-Loading System Market
Growing manufacturing activities are expected to propel the growth of the automated truck-loading system market going forward. Manufacturing refers to the process of transforming raw materials or component components into completed things using tools, labor, machinery and chemical processing. The use of automated truck loading systems has a significant role in the expansion of manufacturing activities, as these systems are used to provide effective and automated loading processes that reduce manual labor, increase productivity and enhance logistics operations. For instance, in February 2023, according to Statistics Canada, a Canada-based government agency, the manufacturing industry in Canada experienced remarkable growth, with total sales increasing by 17.9% to reach $850.9 billion in 2022. Furthermore, in March 2022, according to a report shared by the United Nations Industrial Development Organization, an Austria-based specialized agency, global manufacturing production rose by 9.4% in 2021. Therefore, growing manufacturing activities are driving the growth of the automated truck-loading system market.
Competitive Landscape:
Major players in the automated truck loading system market are Toyota Industries Corporation, Konecranes PLC, Dematic Corporation, FLSmidth & Co. A/S, Heico Companies LLC, JBT Corporation, BEUMER Group GmbH & Co. KG, Haver & Boecker OHG, Duro Felguera S.A., Lödige Industries GmbH, Maschinenfabrik Möllers GmbH, Blue Star Engineering & Electronics Limited, Europa Systems, Joloda International Ltd., Interlake Mecalux Inc., CLSi Logispeed, Alligator Automations, TRAPO AG, VDL Systems B.V., Actiw Oy, Cargo Floor B.V., GEBHARDT Fördertechnik GmbH, Secon Components S.L., Loading Automation Inc., ATLS Ltd.
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Top Trend - Innovative Agt Solutions Drive Market Dominance For Leading Companies
Major companies operating in the automatic truck-loading system market are focused on developing advanced product, such as automated guided trucks to sustain their position in the market. Automated guided trucks (AGTs) are a type of autonomous or mobile robot that is guided by markers to transport loads. For instance, in June 2021, VisionNav Robotics USA Inc., a US-based supplier of autonomous industrial vehicles and intralogistics automation solutions, launched the VNE20 series of automated guided counterbalanced trucks. The VNE20 product is designed with powerful sense and motion control skills by merging self-built 3D laser and visual perception technology, multi-axis real-time motion planning technology and high-precision visual servo control technology. A combination of its maximum working speed of 3.0 m/s, multi-axis motion and accurate and continuous fork movement, the VNE20's peak productivity can be compared to that of a manual truck in a challenging and dynamic environment.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Automated Truck Loading System Market Characteristics
3. Automated Truck Loading System Market Trends And Strategies
4. Automated Truck Loading System Market - Macro Economic Scenario
5. Automated Truck Loading System Market Size And Growth
…..
27. Automated Truck Loading System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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