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North America Automated Material Handling Equipment Market Forecast 2019-2027

KEY FINDINGS
The North America automated material handling equipment market is developing and expanding at a significant pace. Over the forecast period of 2019-2027, the market is estimated to rise with a CAGR of 7.08%. A dominant automotive sector in the region is augmenting the market demand.

MARKET INSIGHTS
Automated Material handling equipment is majorly used in the assembly line operations during the manufacturing of both commercials as well as passenger vehicles. The United States also holds a dominant position in the North American market on account of its substantial export of automated handling materials. The automotive sector in the country is one of the leading end-user industry for the market. A single automobile product can contain around XX precision parts, with a premium based on interchangeability which fuels the demand for automated material handling equipment. The U.S market is followed by Canada, which is fast emerging as a go-to-market in the North American region for material handling. A significant demand for automated materials handling equipment and machinery is observed from Quebec and Ontario, as they are the top manufacturing hubs in the area. Also, because of its long association with the United States, the country is exempted from the tariff on the products which are United States-based.

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