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Overview of the global automated truck loading system market
Technavio’s market research report predicts that the global automated truck loading system market will grow at a CAGR of above 8% during the forecast period. The increase in demand for automated material handling in industries is one of the primary factors for market growth. The conventional loading is largely labor concentrated and requires personnel to manage processes such as the handling of trailers, containers, forklifts, terminal tractors, and other machinery. Also, the cost of owning, leasing, and maintaining equipment is substantial. To counter this, companies are widely adopting automated truck loading systems to increase volumes, reduce the manpower required on docks, and lower any product damage that can happen in shipping. Moreover, these systems also assist in the conservation of energy by eliminating battery maintenance since the automated truck loading systems utilize the power supply of the facility. Owing to such benefits, the coming years will witness an increase in the adoption of automated truck loading systems, which will subsequently drive market growth.
EMEA accounted for the majority of the shares of the automated truck loading system market during 2016 and is expected to continue its market dominance during the forecast period as well. The major contributors to the growth of the market in this region will be the increasing productivity of the automotive industry and the growing investments in manufacturing industries.
Competitive analysis and key vendors
The automated truck loading system market consists of numerous established international vendors. The market is intensely competitive and the vendors compete based on factor such as product features, price, customized solutions, and services offered. The key players should strengthen their strategies to maintain their current market share. The competitive environment of this market is expected to intensify in the coming years due to the increase in R&D investments, new product launches, and the entry of new players.
Key vendors in the market:
HAVER & BOECKER
The Heico Companies (Ancra Systems)
Other prominent vendors include Automatic truck loading system ATLS, BEUMER Group, Cargo Floor, Euroimpianti, FLSmidth Ventomatic, GEBHARDT Fördertechnik, Integrated Systems Design, Maschinenfabrik Möllers, and VDL Systems.
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Product segmentation analysis of the automated truck loading system market
Belt conveyor systems
Roller track systems
Chain conveyor systems
Slat conveyor systems
Skate loader systems
During 2016, the belt conveyor systems segment dominated the automated truck loading system market and is expected to continue its dominance over the next four years. The rise in the adoption of belt conveyor systems in various industrial segments will be the major factor propeling the segment’s growth in this global market.
End-user segmentation analysis of the automated truck loading system market
Logistics and Transportation industry
Food and beverage industry
Air freight industry
As per this market research report, the logistics and transportation industry was the major end-user to the market and the segment will continue its lead during the next four years as well. This is mainly due to the increase in demand from players in the food and beverage industry such as beverage wholesalers, manufacturers, breweries, and bottling plants. Additionally, the increased penetration of the Internet and the growing preference for online shopping, will also drive the growth of the automated truck loading system market in this segment.
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Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors driving the global automated truck loading system market?
What are the key market trends impacting the growth of the global automated truck loading system market?
What are the challenges to market growth?
Who are the key vendors in the global automated truck loading system market?
What are the market opportunities and threats faced by the vendors in the global automated truck loading system market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA .
What are the key outcomes of the five forces analysis of the global automated truck loading system market?
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