Global Automated Material Handling Equipment Market
Automated Material Handling Equipment Market Size And Forecast
Automated Material Handling Equipment Market was valued at USD 34.95 billion in 2019 and is projected to reach USD 60.56 billion by 2027, growing at a CAGR of 7.67% from 2020 to 2027.
Global Automated Material Handling Equipment Market Outlook
Increasing demand for personalized AGV, growing need for workers safety, the rise in the integration of industry 4.0 with robots and growing e-commerce industry have been driving the global automated material handling equipment market. Moreover, reducing labor cost through advancement in robotics and the increasing demand for automated solutions in various industries has also contributed to the growth of the market. While the availability of rental AGV, reluctance to adopt changes, real-time technical issues, and costly equipment acts potential restraints for the overall market at a global level.
Global Automated Material Handling Equipment Market Competitive Landscape
The “Global Industrial 3D Printing Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Hyster-Yale Material Handling, Inc., Kion Group AG, Hanwha Corporation , Kuka AG , Fives , Murata Machinery, Ltd., TGW Logistics Group GmbH , Viastore Systems GmbH and Daifuku Co., Ltd.
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