PRN: Global Automated Material Handling Equipment Market - Analysis, Technologies & Forecasts to 2021 - Driven by the Advances of E-commerce in Retail Industry - Research and Markets
Global Automated Material Handling Equipment Market - Analysis, Technologies & Forecasts to 2021 - Driven by the Advances of E-commerce in Retail Industry - Research and Markets
DUBLIN, Mar 15, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Automated Material Handling Equipment Market 2017-2021" report to their offering.
The global AMHE market to grow at a CAGR of 15.2% during the period 2017-2021.
AMHE are a part of material handling equipment (MHE). MHE refer to a diverse range of products that aid the transportation and storage of materials. The equipment enhance the efficiency of the workflow in manufacturing, streamline the supply chain distribution channels, and efficiently manage the warehouse for optimum utilization. The equipment run on hydraulic, mechanical, or automated systems.
According to the report, MHE is becoming more automated and integrated into complete systems. Various end-user segments are adopting automated systems throughout their supply chain. This is driving the market for AMHE, as entire lifecycles of products, from manufacturing to distribution, consumption, and disposal are being automated. Some of the most advanced automation systems include baggage transport systems in airports, automated storage systems in warehouses, and automated dispatching systems. Baggage transport systems make use of technologically advanced identification systems to collect baggage and transport to the loading points of the plane. Automated storage systems optimize storage capacity and an efficient use of the vertical space. These advantages are driving more end-users toward adopting automated systems across all their workflow.
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