Material Handling

Material Handling

Material Handling

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Vertical Lift Module Market – Forecast from 2018 to 2023

The vertical lift module market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The firms are increasingly opting for strategies and solutions that enable them to improve their efficiency and thus, allow them to significantly increase their footprint in the gl..

Global Towing Vehicle Market - Forecasts from 2018 to 2023

Towing vehicles are unmanned, computer-controlled transport vehicles and are used in various end-use industries to provide a safer work environment and increase productivity. Growing construction industry is augmenting the demand for towing vehicles for applications such as heavy lifting, tugging, and load transferring, pal..

Global Vertical Carousels Market - Forecasts from 2018 to 2023

The global vertical carousels market is predicted to witness a compound annual growth rate of 8.34% during the forecast of 2017-2023. Vertical carousels consist of a series of shelves that rotate on a person’s command and delivers selected items at an ergonomically safe and convenient height. These carousels are used fo..

Global Horizontal Carousels Market - Forecasts from 2018 to 2023

Horizontal carousels market is projected to grow at a CAGR of 4.58% during the forecast period, reaching a total market size of US$652.99 million in 2017 to US$854.46 million in 2023. Carousels are used to select items which are either small each-picked items or which have low movement velocity. Horizontal carousels inc..

Global Mini Load Automated Storage and Retrieval System Market - Forecasts from 2018 to 2023

The global mini load automated storage and retrieval system market was valued at US$3.348 billion in 2017 and is projected to expand at a CAGR of 8.18% over the forecast period to reach US$5.366 billion by 2023. The automated storage and retrieval system (ASRS) is a computer controlled system for storing and retrieving ..

Hoists Market - Forecasts from 2018 to 2023

The global hoists market was valued at US$1.535 billion in 2017 and is projected to reach US$2.198 billion in 2023 growing at a CAGR of 6.17% during the forecast period. Hoisting equipment is used to lift loads with either link or roller chain or wire rope. These material handling equipment work in conjunction with over..

Conveyor Systems Market - Forecasts from 2018 to 2023

The global conveyor systems market was valued at US$6.27 billion in 2017 and is projected to reach US$9.329 billion by 2023 growing at a CAGR of 6.85% during the forecast period. Conveyor systems are material handling machines and equipment that transport heavy or bulky raw materials and/or finished products from one de..

Global Cranes Market - Forecasts from 2018 to 2023

The global cranes market is expected to reach US$43.417 billion by the end of 2023, increasing from US$31.478 billion in 2017, growing at a CAGR of 5.51% during the forecast period. Growing global construction industry is the key driver of cranes market across the globe as these material handling equipment work best wit..

Global Trucks and Lifts Market - Forecasts from 2018 to 2023

Growth in global construction industry along with infrastructural development, particularly in developing economies, is augmenting the demand for trucks and lifts material handling machines and equipment so as to help workers to deliver heavy materials from one place to another and to move the material around tight corners...

Automated Storage and Retrieval Systems Market - Forecasts from 2018 to 2023

Global Automated Storage and Retrieval Systems (AS/RS) Market is projected to expand at a CAGR of  7.25% over the forecast period to reach a total market size of US$23.012 billion by 2022. Automated storage and retrieval systems (AS/RS) store, handle, and retrieve raw materials and finished as well as intermediate ..

Automated Guided Vehicles Market - Forecasts from 2018 to 2023

The automated guided vehicle market is projected to grow at a CAGR of 11.89% during the forecast period of 2017-2023. The automated guided vehicles are unmanned and computer controlled vehicle that has the ability to handle different processes. The economic environment is really competitive, especially, with the level a..

South America Automated Material Handling Market - Forecasts from 2018 to 2023

South America Automated Material Handling Market is estimated to grow from US$0.730 billion in 2015 to US$1.419 billion by 2021, at a CAGR of 11.70% over the forecast period. Rising industrial and infrastructural development activity in the region, especially in Brazil is augmenting the demand for automated material handlin..

North America Automated Material Handling Market - Forecasts from 2018 to 2023

North America Automated Material Handling Market is estimated to grow from US$ 3.535 billion in 2015 to US$5.923 billion by 2021, at a CAGR of 8.98% over the forecast period. Improving economic conditions and manufacturing sector, will drive the demand for automated material handling solutions in the region. Logistics is on..

Europe Middle East and Africa (EMEA) Automated Material Handling Market - Forecasts from 2018 to 2023

Europe Middle East and Africa (EMEA) Automated Material Handling Market is estimated to grow from US$6.677 billion in 2015 to US$11.894 billion by 2021, at a CAGR of 10.10% over the forecast period. Growing demand for automation solutions is the major driver of EMEA automated material handling market. Rising concern ove..

Asia Pacific (APAC) Automated Material Handling Market - Forecasts from 2018 to 2023

Asia Pacific (APAC) Automated Material Handling Market is estimated to grow from US$7.604 billion in 2015 to US$14.364 billion by 2021, at a CAGR of 9.47% over the forecast period. The region is projected to witness the fastest growth as compared to Americas and Europe Middle East and Africa automated material handling mark..