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Global Automated Material Handling And Storage Systems Market

The Global Automated material handlingand storage systems market is segmented on the basis of Automated Guided Vehicles (Unit Load Carriers, Tow Vehicles, Pallet Trucks, Assembly Line Vehicles, Fork Lift Vehicles, Clamp Vehicles , and Others), Automated Storage and Retrieval Systems (Unit Load AS/RS, Mini Load AS/RS, Carousel-type Storage & Retrieval Systems, Robotic AS/RS, Tunnel ? Style Systems and Others), Application (Energy, Transport/Logistics, Healthcare, Retail, Manufacturing and Others), and Geography (North America, Europe, Asia Pacific and Rest of the World).

Automated materials handling refers to any automation that eliminates the need for humans to check-in, check-out, sorting material, and moving totes. The automated material handling and storage systems augment and make the process fast. The growth of the automated material handling market is currently being hindered by; replacement of humans and requirement of skilled personnel. Automated material handling and storage systems such as automated guided vehicles, automated storage and retrieval systems, conveyor systems, palletization system, sortation system, and software and services are progressively adopted by industries such as Healthcare, Retail, manufacturing, and Automotive. The growing technological propagation and amalgamation of automated material handling products with a vast kind of applications such as energy, healthcare and retail etc. are the major factors driving the growth of the automated material handling market.

Saving the cost to the end-user and technological advancements are the major drivers making the automated material handling and storage systems market to grow lucratively. The market for Automated Material Handling and Storage Systems is expected to grow at a CAGR of 12.33% to reach $41.56 billion by 2020 from the current estimate of $20.69 billion.

The Global Automated material handling and storage systems market is segmented on the basis of Automated Guided Vehicles (Unit Load Carriers, Tow Vehicles, Pallet Trucks, Assembly Line Vehicles, Fork Lift Vehicles, Clamp Vehicles , and Others), Automated Storage and Retrieval Systems (Unit Load AS/RS, Mini Load AS/RS, Carousel-type Storage & Retrieval Systems, Robotic AS/RS, Tunnel ? Style Systems and Others), Application (Energy, Transport/Logistics, Healthcare, Retail, Manufacturing and Others), and Geography (North America, Europe, Asia Pacific and Rest of the World).

The report also considers key trends that will impact the industry and profiles over 13 leading suppliers of automated material handling and storage systems. Some of the vendors manufacturing these solutions mentioned in the report are Dematic Group (Luxembourg), FlexLink AB (Sweden), Mecalux, S.A. (Spain), SSI Schaefer (Germany)Health Fitness Articles, Intelligrated (Ohio) and Bosch Rexroth (Germany).

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR


The author is working as an Analyst with Mordor Intelligencewhich is a market research consulting firm that specializes in industry research reports,market research reports, market sizing reports, competitve landscape analysis,etc and offersthem all at affordable prices.



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