Automated Material Handling Equipment Market in Europe 2018-2022
- Published: Jun 2018
- Pages: 80
- SKU: IRTNTR23231
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Technavio’s market research analysts have predicted that the automated material handling equipment market will witness considerable growth during the period 2018-2022. This industry research report presents a detailed analysis of the automated material handling equipment market by product such as conveyor systems, AS/RS, robotic systems, and AGV. The report also presents an analysis of the market’s growth across various geographic regions such as western Europe and eastern Europe. Our analysts have estimated that this market will generate a revenue of close to 8,000 million by 2022
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Automated Material Handling Equipment Industry Overview
Availability of the right labor and large warehouse spaces are the two main factors that will lead firms’ logistics effectively. Several firms in the market are interestingly looking to set up warehouses in countries like Germany, Poland, France, the UK, and the Netherlands as they offer several benefits. To maintain large available spaces, firms are adopting automated material handling equipment. With the use of automated material handling equipment, companies can cut 12%-15% of operational costs. Thus, optimum utilization of large spaces creates a demand for automated material handling equipment in the region. Technavio’s market research analysts predict that the automated material handling equipment market in Europe will grow by USD 2,478.86 million till the end of the forecast period.
The automated material handling equipment market is fragmented since the market has a number of companies who offer various products such as AGV, conveyor systems, gravity conveyor, and intelligent conveyor system. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this automated material handling equipment industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of a number of companies including –
- FANUC America Corporation
- KION Group
- Rockwell Automation
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Automated material handling equipment market growth based on geographic regions
- Western Europe
- Eastern Europe
With a complete study of the growth opportunities for the companies across regions such as the western Europe and eastern Europe, our industry research analysts have estimated that countries in the western Europe will contribute to the maximum growth of this automated material handling equipment market throughout the predicted period.
Automated material handling equipment market growth based on product
- Conveyor systems
- Robotic systems
According to our market research experts, the conveyor systems will account for the maximum growth of the market. Additionally, the report also provides an accurate prediction of the contribution of the various product segments to the growth of the material handling systems market size.
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Key highlights of the automated material handling equipment market in Europe for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the automated material handling equipment market during the next five years
- Precise estimation of the global automated material handling equipment market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the automated material handling equipment industry across various geographies such as the western Europe and eastern Europe.
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of automated material handling companies
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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global material handling systems market and its stakeholders over the forecast years.
Our market research analysts have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the material handling systems market over the coming years are the warehouse and storage market and the free trade zone warehouses logistics market.
Technavio also provides customized reports based on the specific requirements of clients.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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