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The global automatic tray loading system market report predicts the market to grow at a steady rate and post a CAGR of close to 5% during the forecast period. The trend for enhanced inventory management will drive the growth prospects for the global automatic tray loading system market until the end of 2021. One of the major factors responsible for the growing preference for automatic tray loading systems is the need to facilitate the movement, placement, storage, and retrieval of industrial goods or products within the warehouse or storage facility of an industry. Additionally, the automatic tray loading system also records and displays the information regarding the inventory level of industry to provide real time control. Moreover, since materials can be accurately tracked and physically controlled to streamline the inventory management, various end users are increasingly deploying automatic material handling systems.
The advancements in drive and conveyor technology will be the key automatic tray loading system market driver for the next four years. Advanced conveyor rollers and conveyor systems with conventional 3 or 4-inch centers with 2-inch roller centers improve the detection ability and facilitates the smooth transportation of materials in conveyors systems.
The global automatic tray loading system market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that the international conveyor manufacturers dominate the tray loader market in terms of performance, innovation, product features, quality, distribution network, and business stability.
According to the automatic tray loading system market analysis, the key vendors in this market are -
Other prominent vendors in the market include APT Automation, Attec Danmark, ATS Automation Tooling Systems, BEUMER, Brillopak, Cimcorp, Direct Conveyors, FlexLink, Foth, Groupe Legris Industries, Intelligrated, Kardex Remstar, MK, RNA Automation, TGW Logistics, Tong Engineering, viastore SYSTEMS, WITRON, and Wrabacon.
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The automotive and auto component industry accounted for the majority automatic tray loading system market share during 2016. The growing need to increase the productivity and enhance the delivery time is the major factor responsible for the growing preference for automatic tray loading system in the automotive and auto component industry.
In terms of geography, APAC accounted for the majority market share during 2016 and will continue to dominate the automatic tray loading system market during the forecasted period. Some of the major factors driving the market's growth in the region are the rising investments across all end-user segments and the increasing need to optimize the production rate and warehouse operations effectively.
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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: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Appendix
Tags: drive belt, conveyor belt, automated control systems, automation system, automation market share, automation industry analysis,
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