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Asia Pacific Automated Material Handling Equipment Market Forecast 2019-2027

KEY FINDINGS
The Asia-Pacific automated material handling equipment market is expected to catapult ahead with the highest CAGR of 8.85% during the forecast period of 2019-2027. In the present scenario, the automated material handling equipment market is primarily driven by the enhanced adoption and rising expenditures on the robotics systems and commercial and consumer purchases of drones. The economies of China, India, Japan, South Korea, Australia and the countries collectively forming the Rest of APAC are the major market trend influencers.

MARKET INSIGHTS
Countries like India, China and Japan are significant contributors to the Asia-Pacific market. Government initiatives in India and China are focusing on the enhancement of the manufacturing and production sector by implementing various programmes and campaigns such as ‘Make in China' and ‘Make in India' for promoting its market growth. The Indian two-wheeler industry has grown tremendously over the past few years. It has even surpassed the Chinese two-wheeler market in terms of sales. Several e-commerce organizations such as Amazon and Flipkart have made significant investments for the growth and development of the market. On account of all these factors, the future outlook of the Asia-Pacific automated material handling equipment market looks quite promising.

COMPETITIVE INSIGHTS
Dematic GmbH & Co. KG, Beumer Group GmbH & Co. KG, Amerden Group, Daifuku Co. Ltd., Swisslog Holding AG (acquired by KUKA Group), KUKA Group, Jungheinrich AG, Honeywell Intelligrated, Kion Group AG, Fives Group, Precision Automation & Robotics India Ltd., Mitsubishi Caterpillar Forklift America, Murata Machinery, Ltd., Toyota Industries Corporation, and SSI Schaefer Holding International GmbH are few of the popular players in this market.
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Asia Pacific Automated Material Handling Equipment Market Forecast 2019-2027
Published By :Inkwood Research
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