San Francisco,8 October
2018: The global material handling equipment market is expected to reach USD 41.1 billion by 2025,
according to a new report conducted by Grand View Research, Inc. The rise in
manufacturing activities in the automotive, pharmaceutical, chemical, and food
& beverage industries is projected to spur demand. The growing concerns for
workplace safety are expected to remain a key driver.
The global material
handling equipment market is anticipated to witness a high growth over the
forecast period. This is accredited to the use of technologically advanced
products, such as hydraulic components which are incorporated into this
equipment. Furthermore, the integration of telematics solutions & tracking
sensors into these products is expected to gain traction in the near future,
thereby fueling the equipment sales. The rising espousal of automated storage
and retrieval systems is expected to further catapult the equipment market
growth over the next nine years.
Access Research Report of Material
Handling Equipment Market@ www.grandviewresearch.com/industry-analysis/materials-handling-equipment-market
Further key findings from the report suggest:
· Automated storage & retrieval systems
segment captured over 25% of the total revenue in 2015 and is projected to
exhibit a significant growth at a CAGR of over 6.9% from 2016 to 2025. This
growth is attributed to the surging espousal of automated equipment in warehouses
and manufacturing centers
· On account of the wide scope of
applications, these products aid in moving, protecting, and storing goods in
warehouses. The e-commerce segment is expected to gain prominence over the
forecast period with an estimated CAGR exceeding 10.0%.
· Asia Pacific emerged as the fastest growing
market and is expected to witness a healthy CAGR of over 7%, which is primarily
due to the rising manufacturing activities in the developing countries of this
region
· The key purveyors in this industry comprise
Daifuku,SSI Schaefer,BEUMER Group, Kion Group (Dematic), and Swisslog AG.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/automotive-and-transportation
Grand View Research has
segmented the global material handling equipment market on the basis of
product, end-use, and region:
Material Handling Equipment Product Outlook (Revenue, USD
Billion; 2014 - 2025)
·
Storage & handling equipment
·
Automated storage & retrieval system
·
Industrial trucks
·
Bulk material handling equipment
·
Others
Material Handling Equipment End-Use Outlook (Revenue, USD
Billion; 2014 - 2025)
·
Automotive
·
Food & beverages
·
Chemical
·
Semiconductor & electronics
·
E-commerce
·
Aviation
·
Pharmaceutical
·
Others
Material Handling Equipment Regional Outlook (Revenue,
USD Billion; 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
o
France
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
Access Press Release of
Material Handling Equipment Market@ www.grandviewresearch.com/press-release/global-material-handling-equipment-systems-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
No comments:
Post a Comment