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Global Automated Material Handling Equipment Market was valued US$ 29.57 Bn in 2017 and is estimated to reach US$60.11 Bn by 2026 at a CAGR of more than 9.27% during a forecast period. Automated Material Handling Equipment Market by Product segment is classified into Robots, ASRS, Conveyor and Sortation Systems, Cranes, AVG. By System Type Segment classified into Unit Load, Bulk Load. By Function segment classified into Storage, Transportation, Assembly, Packaging, Distribution, and Waste Handling. By Industry segment classified into Automotive, Chemicals, Aviation, Semiconductor & Electronics, E-Commerce, Food & Beverages, Healthcare, Metals, and Heavy Machinery. Geographically split into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Request for Report Sample: https://www.trendsmarketresearch.com/report/sample/1077 In terms of Product, Segment Robots is a major share in the Automated Material Handling Equipment Market. Robots are used in the manufacturing industry for a various purpose that is in assembly, machine loading, material removal, order picking, packaging, and waste handling. They help to reduce cost, improve quality, minimize waste, and save space in high-value in the manufacturing industry. Implementing robots significantly increases the efficiency and productivity of manufacturing and warehouse operating companies. Also, reduce labour cost, protect personnel or employees from injuries and deliver a high return on investment. Such advantages are increasing the demand for robots in manufacturing units and warehousing facilities. The most use of unit load material handling systems in various industries is accredited to their cost-effectiveness and ability to handle several items concurrently which decreases the number of trips, a time required for loading and unloading, and cost of handling. Unit load material handling systems involve properly sized items ordered into a single unit that can be relocated easily. It is a quick and economical method to move a large number of items in a single run. These […]
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