Press release
"Driving Efficiency: Automated Material Handling Systems Market Projected to Reach $70.1 Billion by 2030"
Meticulous Research®, a leading global market research company, has recently released a comprehensive research report titled "Automated Material Handling Systems Market by Type (ASRS, AGV, Robotic Systems), Component, Function (Assembly, Picking, Sorting), End-use Industry (Automotive, Healthcare, Semiconductor, Manufacturing, Retail, Aviation, Postal) - Global Forecast to 2030." According to this report, the global automated material handling systems market is expected to achieve a valuation of $70.1 billion by 2030, growing at a CAGR of 8.3% from 2023 to 2030.Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5149
The growth of the automated material handling systems market is primarily driven by the increasing importance of Automated Material Handling Systems (AMHS) across industries. Enterprises are focusing more on improving floor space utilization, enhancing order processing capabilities, and meeting rising demands for warehouse automation. The market is also witnessing a surge in demand due to the growing significance of online retail platforms and their associated supply chains, as well as the integration of technologies like RFID, barcode, cloud, and IoT in AMHS. These advancements are ushering in the era of Industry 4.0 and creating substantial growth opportunities in the market.
The report segments the global automated material handling systems market based on type, component, function, end-use industry, and geography. Among these segments, the robotic systems segment is expected to hold the largest share of the market, driven by increased adoption in manufacturing and hazardous task handling. The vehicle systems segment is projected to exhibit the highest CAGR during the forecast period, especially in industries like automotive and manufacturing.
Browse in depth @ https://www.meticulousresearch.com/product/automated-material-handling-systems-market-5149
Geographically, Asia-Pacific is anticipated to lead the market, followed by Europe and North America. Factors such as rapid transformation in manufacturing and warehousing infrastructure, technological advancements, and investments in innovative technologies contribute to Asia-Pacific's dominance in the market.
Key players operating in the automated material handling systems market include SSI SCHÄFER AG, Murata Machinery, Ltd., KNAPP AG, BEUMER Group GmbH & Co. KG, Swisslog Holding AG, TGW Logistics Group GmbH, and others.
For a detailed analysis and insights into the automated material handling systems market, please refer to the full report titled "Automated Material Handling Systems Market by [Include Specific Report Details]."
TOP 10 COMPANIES IN AUTOMATED MATERIAL HANDLING SYSTEMS MARKET >> https://meticulousblog.org/top-10-companies-in-automated-material-handling-systems-market/
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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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