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The global market for Automated Material Handling at $19,765.79 million in 2017. The AGV is the fastest growing segment in AMH market with a CAGR of 11.2% which is followed by Warehouse control system with a CAGR of 11.1%.
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The Automated Material Handling Market is estimated to hit $32.36 billion by 2023
In terms of revenue contribution and growth rate, Asia-Pacific emerged out to be the global market leader for automated material handling market in 2017 and is estimated to remain the market leader throughout the forecast period followed by Europe and Americas. Asia Pacific material handling market is expected to reach $ 2.46 Billion by 2023. Contact : sales@industryarc.com
Selected Regulatory Analysis Done in the Full Report: The value chain analysis deals with the comprehensive evaluation of each activity involved in the processing of any product/service and finally delivering it to the end-users. Each stage across the value chain of a product or service is associated with creating some sort of monetary value. The value chain analysis can offer the company to examine every activity across the value chain and identify the steps where elimination or modification is essential. Contact : sales@industryarc.com
Selected Driving Factors Mentioned in the Full Report: • The multichannel supply chain strategy is an increasing trend in the current times particularly among the retail sector, is expected to drive the automated material handling systems market. • AMH Market is registering significant growth due to rising demand for automated material handling systems with rising labor costs amidst the aging workforce. • Rising adoption AMH systems in warehouse operations is also projected to propel the AMH market growth. Contact : sales@industryarc.com
Key Players of the Automated Material Handling Market Bastian Solutions Jungheinrich AG. JBT Corporation Hyster-Yale Materials Honeywell Intelligrated System Download Sample Report Contact : sales@industryarc.com
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