"Global Automated Material Handling Equipment Market 2015-2019" Published

From: Fast Market Research, Inc.
Published: Sun Aug 30 2015

Fast Market Research announces the availability of Technavio's new report "Global Automated Material Handling Equipment Market 2015-2019" on their comprehensive research portal.

Automated material handling eliminates the need for manual labor to sort, organize, retrieve, and move materials from one place to another. It provides an efficient, accurate, and cost-effective method for the easy and swift movement of goods across an organization. Automated material handling equipment such as AGVs, AS/RSs, conveyor systems, palletization, sortation systems, and software and services are used by several industries such as automotive and aerospace, F&B, pharmaceutical and healthcare, and e-commerce.

Technavio's analysts forecast the global automated material handling equipment market to grow at a CAGR of 4.61% in terms of revenue over the period 2014-2019.

Get More Details on this Report and a Full Table of Contents at Global Automated Material Handling Equipment Market 2015-2019

Commenting on the report, an analyst from Technavio’s team said: "One major trend being witnessed in this market is increased R&D spending by manufacturers. Manufacturers are re-investing in R&D activities to create product differentiation and produce highly efficient automated material handling systems."

According to the report, one of the main factors that have impact on the market affirmatively is financial benefits to end-users. Automated material handling equipment enables end-users to receive financial benefits in numerous ways such as revenue enhancement, capital utilization, and reduction in operating cost.

Further, the report states that one key challenge that restricts the growth of the market is high initial investment. High initial investment is required in acquiring automated equipment such as AGV systems and there are additional costs of up-front engineering.

The key players in the Global Automated Material Handling Equipment Market 2015-2019 are Daifuku Co. Ltd., Dematic Corp., SSI Schaefer and Vanderlande Industries while other prominent vendors include Beumer Group, Dearborn Mid-West Conveyor, Fives Group, FlexLink, Intelligrated, Kardex, Knapp Logistik Automation, Legris Industries, Mecalux, Murata Machinery, Swisslog, TGW Logistics Group, Viastore Systems, Witron and Wynright

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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