Generally, the term material handling refers
to the short distance mobility between a building and an automobile, and within
the precincts of buildings. The material handling equipment and systems are
mechanical equipment and systems utilized to store, move, control and safeguard
materials, good and products during the course of circulation, manufacturing,
clearance and consumption. This introduces the utility by means of handling,
storage and control of materials. Moreover, the automated material handling
equipment removes the requirement for the human interference in a material
handling procedures. Furthermore, many of the players in this market are doing
significant developments in the technology of equipment making at reasonable
price which further increase the demand and decrease the intervene of the human
body. This also leading the fastest market growth and dominating the high value
of market share around the globe throughout the forecasted period more
positively.
According to the report analysis, ‘Global
Automated Material Handling Equipment and Systems Market Size Study, By Product
(Aluminum, Glass and others), By Type (Stick-built, Semi-unitized, Unitized),
By End-Use (Commercial and Residential), and Regional (North America, Europe,
Asia Pacific, Latin America, and Rest of the World) Forecasts, 2017-2025 (USD
Billion/Million)’ states that there are several key players which are
recently functioning in this sector more actively for registering the fastest
market growth and dominating the high value of market share around the globe
more significantly while developing the techniques of handling the workforce
for increasing the production at a reasonable price and developing the systems
for increasing the efficiency of the outcome includes Kion Group AG, Toyota
Industries Corporation, Hanwha Corporation, Kuka AG, Fives, Knapp AG, Murata
Machinery, Ltd., SSI Schaefer Group, John Bean Technologies (JBT) Corporation,
TGW Logistics Group GmbH and several others. Moreover, many of the players in
this market are planning to invest the high amount of money for introducing the
new and innovative product and services which further increase the demand and
generate the high amount of revenue in the short span of time.
The Global Automated Material Handling
Equipment and Systems Market industry valued around USD 30.6 billion in 2016 is
predicted to increase with a healthy growth rate of more than 7.9% over the
forecast period of 2017-2025. Moreover, the global market of automated material
handling equipment and systems is sectored into different segments which
majorly includes product, end use and region. Whereas, based on the product,
the market is further split into robot, automated storage and retrieval
systems, automated conveyors and sortation systems, automated cranes and
automated guided vehicles while, basis on the end use the market is split into
automotive, food and beverages, chemicals, semiconductor and electronics,
healthcare, e-commerce and several others. Nevertheless, the Manufacturing and
automotive are registering the market at present, together comprising of a
mainstream of the market share. Owing to the rapid rise in the demand for
products of e-commerce, the retail sector is anticipate to account for the
highest rate of growth.
Although, the significant increase in the
industrialization and real estate developments are the foremost reason behind
the growth of this market. Additionally, growing demand for production
measurements is also likely to propel the market growth over the forecast
period. Therefore, in the near future, it is expected that the market of
automated material handling equipment and systems will increase around the
globe more positively over the recent few years.
For more information, click on the
link below:
Contact Us:
Ken Research
Ankur
Gupta, Head Marketing & Communications
+91
9015378249
No comments:
Post a Comment