London, 04 September 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Automated Material Handling Market 2014-2018, which is expected to grow at a CAGR of 4.32 percent during the forecast period of 2013-2018.
“A majority of the developed countries and economies have reduced their systemic risks and helped stabilize business, consumer, and investor confidence through several policy initiatives,” says Faisal Ghaus, Vice President of TechNavio.
“Companies have started to adopt automated material handling equipment to attain higher customer satisfaction levels, which will increase the revenue of the company.”
Key Market Drivers
- Healthy Global Economic Conditions
- Cost Savings for End-users
- Increased Demand from Developing Nations
- Increased Demand from Power, Mining, and Manufacturing Industries
Key Market Trends
- Integration of Material Handling Equipment with Electronic Intelligence
- Increased Adoption of Rent-based Material Handling Equipment
- Building Smaller and Smarter Material Handling Equipment
Key Market Vendors
- Daifuku Co. Ltd.
- Dematic Corp.
- Schaefer Holding International GmbH
- Vanderlande Industries
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
