APAC Automated Material Handling Market is Projected to Grow at a CAGR of around 10% Over the Forecast Period 2019 to 2025


Posted January 23, 2020 by knowledgesourcing12

Automated material handling is a method of properly and effectively managing, protecting and controlling material in the manufacturing, industrial, logistics and other sectors in order to ensure product quality does not deteriorate
 
Knowledge Sourcing Intelligence announces the publication of a new report on “APAC Automated Material Handling Market - Forecasts from 2019 to 2025" to their offering.

According to the report, the APAC automated material handling market is projected to expand at a CAGR of around 10% over the forecast period. The Asia Pacific(APAC)automated material handling market is expected to surge during the forecast period owing to the rising demand by manufacturers and industries to provide the end-product to the consumers with increased quality, lesser costs and to support the rapidly growing manufacturing and industrial sector by making processes more efficient. Moreover, due to the rising disposable income of people, their purchasing power is increasing thus increasing the number of sales of products through e-commerce channels, which is going to bolster the market growth further. Geographically, China and Japan are expected to hold a significant amount of share in the market owing to the fact that these countries are known as the manufacturing hubs of this region. In addition, India holds to potential to increase its share over the forecast period due to the growing manufacturing activities and logistics services. Furthermore, due to presence of key players and their participation in the market to encourage the usage of these solutions coupled with the efforts to upgrade these technologies and systems will continue to drive the APAC automated material handling market in the coming years.

Some of the major players covered as part of the report are Konecranes plc, BEUMER Group, Murata Machinery Ltd., Daifuku Co., Ltd., and Mecalux SA.

This report segmented the APAC automated material handling market on the basis of the following terms
• By Product
o Automated Guided Vehicles
 Towing Vehicles
 Unit Load Vehicles
 Pallet Trucks
 Fork Trucks
 Hybrid Vehicles
 Light Load
 Assembly Line Vehicles
 Custom AVGs
 Others

o Automated Storage and Retrieval Systems
 Unit Load
 Mini Load
 Horizontal Carousels
 Vertical Carousels
 Robotic AS/RS
 Others
o Software
o Services

• By Industry Vertical
o Manufacturing
o Healthcare
o Chemical
o Paper
o Food and Beverage
o Warehousing
o Others

• By Geography
o Japan
o China
o India
o Australia
o South Korea
o Others

View a sample of the report or purchase complete study https://www.knowledge-sourcing.com/report/asia-pacific-apac-automated-material-handling-market

Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data, assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us helps companies to gain required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others caters to diverse client needs.

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Tags apac automated material handling market , apac automated material handling market analysis , apac automated material handling market share , apac automated material handling market size , automation , market research
Last Updated January 23, 2020