1. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Material Handling Equipment industry analysis research and trends report for 2018- 2024: Global Market Insights, Inc. www.gminsights.com

2.  Material Handling Equipment Market to exceed USD 190 billion by 2024; according to a new research report by Global Market Insights, Inc. Material Handling Equipment Market  Growing automation capabilities in the manufacturing space coupled with increasing penetration of advanced technologies, such as IoT, RFID, and AI, are expected to drive the material handling equipment market growth.  Automated material handling systems are gaining popularity with the growing inclination of industries to replace human labor with automated systems.  Rising labor costs in countries including China & India will support the Material Handling Equipment Market growth. The booming manufacturing sector in the region coupled with high-cost labor is compelling manufacturers to use sophisticated machinery to ensure high throughput in lesser time.  RFID, IoT, and Automatic Identification & Data Capture (AIDC) technologies are becoming significantly popular as they improve the order fulfillment processes and help in enhancing productivity across the supply chain. © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Global Market Scenario of E-Commerce Industry www.gminsights.com

3.  Conventional manual techniques reduce the productivity and lead to time consumption. Traditional techniques for material handling are also prone to errors caused by human fatigue.  Moreover, they also pose a restriction to the amount of load that can be transferred or stored. Bulk material handling & storage systems and industrial trucks are facilitating the management of large volumes of data thereby reducing the unnecessary time consumption.  Real-time technical challenges in the operation of these systems with the requirement of high capital investment are anticipated to negatively impact the material handling equipment market.  The complexity involved in the integration of hardware and software for manufacturing facilities is restricting companies that have budgetary constraints from adopting these systems. Moreover, cybersecurity threats in these systems are also factors hindering the industry growth. Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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5.  The robotics segment in the material handling equipment market is expected to witness significant CAGR of over 8% to reach over USD 20 billion by 2024 owing to the demand for high-performance robotic systems across various industry verticals. Robots facilitate easy and fast pick & place of material thereby ensuring accuracy and eliminating human involvement.  The rising awareness about the advantages of automated systems globally will fuel the demand for robots across industries. Extensive R&D undertaken in the field of robotics & AI in countries including Japan and China is expected to fuel the material handling equipment market over the forecast period. The incorporation of machine learning capabilities in the robots to increase productivity with predictive maintenance further contributes to the industry demand.  360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization@ https://www.gminsights.com/roc/1384https://www.gminsights.com/roc/1384 Browse Report Summery @ https://bit.ly/2q4d7Cqhttps://bit.ly/2q4d7Cq www.gminsights.com

6.  Regional Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/1384 https://www.gminsights.com/inquiry-before-buying/1384  Competitive Analysis:  Key vendors in the material handling equipment market comprise Hyster-Yale Materials Handling, Inc., KUKA AG, Kion Group AG, JBT Corporation, Flexlink, Intelligrated, Inc., Dematic GmbH & Co., KG., Columbus McKinnon, and Daifuku Co., Ltd. Companies are trying to launch new solutions and expand the product portfolio. The industry is characterized by strategic acquisitions and collaborations with technology providers to offer enhanced solutions. Players are stressing on manufacturing solutions that cater to specific industry demands and complying with the standards and regulations operating in the industry.  The developments in the manufacturing sector in countries such as Japan, China, and India are expected to propel the material handling equipment market growth. These systems are increasingly being adopted in warehouses and production facilities for automating all processes. The growing transportation & logistics industry in the U.S. is providing growth opportunities to the industry value at over USD 25 billion in 2017. The early technology adoption in the region and the ongoing R&D in the U.S. will fuel the material handling equipment market demand.

7. Latest Research Report On Material Handling Equipment Market @ https://www.gminsights.com/industry-analysis/material-handling-equipment-market https://www.gminsights.com/industry-analysis/material-handling-equipment-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/1984 https://www.gminsights.com/request-sample/detail/1984 Request for customization: https://www.gminsights.com/roc/1384 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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