Monday, December 5, 2016

The "Global Material Handling Equipment Market" worth 44.68 Billion USD by 2022

According to the new market research report, the automated material handling equipment market is estimated to reach USD 44.68 Billion by 2022, at a CAGR of 7.9% between 2016 and 2022.The factors which are driving the automated material handling equipment market include the increasing demand for automated solutions, technological developments in AMH equipment, growing focus of manufacturers toward ensuring safe working environment in warehouses, and reduction in labor cost through advancement in robotics.

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Material Handling Equipment Market by Product Type (AGV, ASRS, Automated Crane, Robotic System, Automated Conveyor and Sortation System), System Type, Software and Service, Operation, Application, and Geography - Global Forecast to 2022.

The base year considered for study is 2015 and the forecast period is between 2016 and 2022. This report provides a detailed analysis of the automated material handling equipment market based on product type, system type, software and service, operation, application, and geography. Robotic system is expected to hold a large share of the automated material handling equipment market. The market for AGV is expected to grow at a high CAGR between 2016 and 2022.

Key pointers:

“Robotic system expected to lead the automated material handling equipment market between 2016 and 2022”

“Automotive application expected to hold the largest share of the AMH equipment market during the forecast period”

“APAC expected to be the largest and fastest-growing market for automated material handling equipment between 2016 and 2022”

Top Companies involved in this market:

The major players involved in the automated material handling equipment market include Bastian Solutions, LLC. (U.S.), BEUMER Group GmbH & Co. KG (Germany), Dematic GmbH & Co. KG (Germany), Daifuku Co., Ltd. (Japan), Hyster-Yale Materials Handling, Inc. (U.S.), Jungheinrich AG (Germany), JBT Corporation (U.S.), KION Group AG (Germany), KUKA AG (Germany), and Toyota Industries Corporation (Japan).

This research report categorizes the automated material handling equipment market on the basis of product type, system type, software and service, operation, application, and geography. This report describes the drivers, restraints, opportunities, and challenges for the growth of the automated material handling equipment market. The Porter’s five forces analysis has been included in the report with a description of each of its forces along with its respective impact on the automated material handling equipment market.

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