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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.
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:
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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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.
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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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Market segmentation by product
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Key takeaways
PART 15: Appendix
Tags: automation software, material handling equipment, automation companies, automated control systems, automation market growth, automation segmentation analysis,
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