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The material handling market is projected to grow at a CAGR of 6.01% to reach US$ 201.057 billion by 2025, from US $141.657 billion in 2019. We have covered all segments of this market like market size, share, growth, analysis in the market research report.<br>For more information, visit ust<br>https://www.knowledge-sourcing.com/report/material-handling-market<br>
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Future Prospects of Material HandlingMarket
DESCRIPTION The material handling market is projected to grow at a CAGR of 6.01% to reach US$201.057 billion by 2025, from US$141.657 billion in 2019. The growing adoption of industrial automation solutions across various end-use industries is one of the major factors driving the growth of the global material handling market. Owing to the booming e-commerce industry, rising investments by manufacturers in the installation of various equipment at distribution centers and warehouses are also fueling the demand for material handling products and solutions across the globe. Stringent regulations regarding worker’s safety require manufacturers to implement material handling solutions in a hazardous work environment.
Some Key Questions Answered By The Report • What will be Material HandlingMarket from 2020 to 2025? • How are the major drivers and restraints affecting the Material HandlingMarket. • Growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why?
Rising Demand Which Impact On Market Growth The growing global Third-Party Logistics (3PL) industry is significantly driving the demand for material handling solutions. The entry of new startups in the growing global e-commerce industry is boosting the demand for 3PL solutions, as they rely on other logistic enterprises as part of the supply chain. Thus, there is a high demand for material handling solutions from warehousing and distribution segment of the 3PL industry to smoothen the entire supply chain. Airport baggage handling application is poised to experience significant market growth due to the growing global tourism industry. The increasing purchasing power and improving living standards in the developing economies of the world have led to a significant shift towards air traveling. This has further led to a rise in the number of air travel passengers which, in turn, will spur the demand for airport baggage handling solutions at airports.
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
Segment Analysis • We have included all segments of this market in market research report. • The Material Handlingmarket has been segmented by product, application, industry vertical and geography. • For complete segment information visit us https://www.knowledge-sourcing.com/report/material-handling-market
Conclusion • Major players in the Material Handling market have been covered along with their relative competitive position and strategies. • The report also mentions recent deals and investments of different market players over the last year. • The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the Material Handlingmarket.
COMPANY PROFILES Daifuku Co., Ltd. Schaefer Systems International Pvt Ltd Honeywell Intelligrated Dematic Toyota Industries Corporation Beumer Group Material Handling Systems Swisslog Holding AG
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