APAC Material Handling market to expand at a CAGR of 5.04% over 2015 to 2021

Knowledge Sourcing Intelligence announces the publication of a new report on “Asia-Pacific Material Handling Market - Forecasts from 2016 to 2021 " to their offering.

Material Handling is an integral part of the supply chain for storage, control, and movement of items from raw material stage to the distribution of finished products. The rising need for global production companies to automate their business processes and foster flow of goods in an effective way is driving Material handling market growth.

This report provides forecast and analysis of the Asia-Pacific Material Handling Market which was valued US$47.290 billion in the year 2015 and is projected to grow to US$63.502 by the year 2021, at a CAGR of 5.04% over the forecast period. The region will witness the fastest growth out of different geographical regions, especially on account of rising demand for these solutions from China and India. Increasing investments in infrastructure sector in emerging economies will boost the demand for various material handling solutions, thereby propelling the growth of this market. Growing e-commerce industry will create significant opportunities for material handling manufacturers to expand their presence in the region over the forecast period. Moreover, focus on workers’ safety and the need to enhance business process efficiency will fuel the use of these solutions at dangerous and hazardous workplace; spurring up the deployment of these solutions across different industry verticals.

Toyota, BEUMER Group, Dematic, Daifuku, and Swisslog are some of the major players covered as part of the report.

Asia-Pacific Material Handling Market has been segmented as below:

• By Product
o Automated Guided Vehicles
o Automated Storage And Retrieval Systems
o Trucks And Lifts
o Cranes
o Conveying Systems
o Hoists
o Others
• By Application
o Warehousing And Distribution
o Airport Baggage Handling
o Bulk Handling
o Postal And Parcel Delivery
o Assembly
o Packaging
o Others
• By Industry Vertical
o Manufacturing
o Healthcare
o Chemical
o Paper
o Food and beverage
o Warehousing
o Others
• By Geography
o China
o Japan
o India
o Australia
o South Korea
o Others

Purchase complete report or request sample: www.knowledge-sourcing.com/products/asia-pacific-apac-material-handling-market-forecasts-from-2016-to-2021

Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data, assists in generating quality reports providing crucial insights to managers and decision makers. The services offered by us helps companies to gain required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others caters to diverse client needs.

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This release was published on openPR.