Automated Material Handling Equipment Market By Size, Vendors and Regional Level Analysis

 Automated Material Handling Equipment Market will register a CAGR of 3% during 2020-2024. The market’s growth momentum will Accelerate.

Improvement in warehouse operational efficiency by adopting AS/RS | Increasing air travel | Growing e-commerce industry will be one of the major factors driving the growth of this market. Additionally, key Automated Material Handling Equipment Market trends such as the Industry 4.0 and IoT | Increasing number of fulfillment centers worldwide | Growing applications of automated material handling equipment in refrigerated warehousing and semiconductor industries will also influence market growth during the forecast period.

Automated Material Handling Equipment Market Size

During the forecast period, the Automated Material Handling Equipment Market size will grow by $ 5.50 bn.

Download the Sample Report @ https://bit.ly/32CnO3I

Automated Material Handling Equipment Market : Vendors

The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Automated Material Handling Equipment Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Complexity of AS/RS | High CAPEX for acquiring automated material handling equipment | Rigidity of automated material handling equipment will also challenge the growth of the companies.

Daifuku Co. Ltd. | Honeywell International Inc. | John Bean Technologies Corp. | KION GROUP AG | KUKA AG | Murata Machinery Ltd. | Robert Bosch GmbH | Siemens AG | SSI SCHAEFER Group | Toyota Industries Corp..list

are some of the companies covered in Technavio’s Automated Material Handling Equipment Market report for 2021-2025.

Automated Material Handling Equipment Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Automated Material Handling Equipment Market.

The APAC will account for the largest Automated Material Handling Equipment Market share and during 2021-2025, the region will contribute to 32% of the market’s growth.

In addition to regions and the key companies involved, Technavio’s Automated Material Handling Equipment Market report also analyzes the market by Conveyor systems (CS) | Automated storage and retrieval systems (AS/RS) | Robotics systems (RS) | Automated guided vehicles (AGV) | Europe | APAC | North America | South America | MEA.comma

Location: United States

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