Global Automated Material Handling Equipment Market is Likely to Grow at a CAGR of 8.2% during the Forecast Period (2016-2024)

New York, USA, 2018-Sep-29 — /EPR Network/ —According to Goldstein Research, physical distribution or logistics goods from manufacturing plant to customers alone accounts for 25% of the product cost, which is the major factor motivating the adoption of cost-effective and efficient automated material handling equipment to confirm the quick and high productive material handling operations. Moreover, enlarged demand for efficient warehouse and logistics jobs in the e-commerce industry, the e-commerce segment is anticipated to create significant opportunities for the new product and amplified sales of equipment over the forecast period.

Global automated material handling market outlook also includes new business models, product developments and capital investment as the key strategies adopted by the major players for a significant expansion of business in developed and as well as in developing countries around the world. The global automated material handling equipment industry report also recognizes value chain analysis to understand the cost differentiation to provide a competitive advantage to the existing and new entry players.

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Market Segmentation

On the basis of our in-depth analysis, global automated material handling equipment market can be segmented as follows:

By Product Type

  • Material Handling Equipment
  • Conveyor systems
  • Cranes/Hoists
  • Automatic guided vehicles (AGV)

By Applications Type

  • Storage and Retrieval
  • Transportation
  • Assembly
  • Packaging
  • Distribution

By Services

  • Software and Hardware (Installation and Up-gradations)
  • Training
  • Support and Maintenance

By End Users

  • Marine and Air Ports
  • Manufacturing Sector
  • Transportation and Logistics
  • Construction Industry
  • E-commerce

By Geography

  • North America {Market Share (%), Market Size (USD Billion)}
  • Europe {Market Share (%), Market Size (USD Billion)}
  • The Middle East and Africa {Market Share (%), Market Size (USD Billion)}
  • Latin America {Market Share (%), Market Size (USD Billion)}
  • Asia Pacific {Market Share (%), Market Size (USD Billion)}

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“Automated Material Handling Equipment Market Analysis” contains a detailed overview of the global automated material handling equipment market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product, by application, by services, and by end users.

Further, for the in-depth analysis, Global Automated Material Handling Equipment Industry Reporencompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Daifuku Co., Ltd., SSI Schaefer, Hyster-Yale Material Handling, Inc., Jungheinrich AG, KION Group AG, Toyota Industries Corporation.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report denotes the global automated material handling equipment market past and present trends along with market projections that will assist industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market-centric approaches according to the ongoing and expected trends in the future.

Key queries countered in this global automated material handling equipment market report

  • What is the global automated material handling equipment market size by 2024 and what would be the expected growth rate of sales?
  • What are the automated material handling equipment market trends?
  • What are the dynamics which are driving this market?
  • What are the major barriers to automated material handling equipment market growth?
  • Who are the prominent vendors in this market space?
  • What are the market prospects for the current and entry-level players?
  • What are the latest improvements and market strategies of the key players?

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