Asia Pacific Material Handling Equipment Market Size to Hit USD 75 Billion by 2026

According to a recent study from market research firm Graphical Research, the Asia Pacific material handling equipment market size is poised to expand at substantial CAGR during the forecast period. With tech-driven logistics powering the Asian e-commerce industry, the demand for efficient material handling equipment has been witnessing an uptick. The manufacturing, warehousing, and distribution of products and materials requires diverse equipment and storage systems, ranging from conveyor belt systems to automated guided vehicles (AGVs).

Some of the major industries that have been deploying latest material handling equipment include manufacturing, construction, food & beverage, automotive, medical & pharmaceutical, consumer goods, aerospace, and retail. In terms of end-user, 3PL industry has been exhibiting an expanding demand across Asia Pacific material handling equipment market, in the wake of the escalating demand for e-commerce fulfillment.
 
Get sample copy of this research report @ https://www.graphicalresearch.com/request/1746/sample
 
With the growing labor costs, third party logistics companies are seeking to upgrade their inventory management using cutting-edge technologies. These companies, including Deutsche Post DHL and FedEx, have been integrating flexible warehouse designs to offer accurate and on-time product deliveries.
 
The widespread use of industrial trucks has been pushing Asia Pacific material handling equipment industry forecast. Forklifts, self-propelled industrial trucks, driverless industrial trucks, manual and semi-manual trucks are leveraged within warehouses and production units.

 
Asia Pacific material handling equipment market size is expected to gain from the shifting preference from semi-automated equipment to fully automated equipment. As such, the automated storage & retrieval system (AS/RS) segment is expected to register notable demand from transport & logistics companies. These systems are integrated with automated hardware and software for precise picking and replenishment of goods.
 
AS/RS systems enable a faster and effective way of moving goods across industrial facilities leveraging vertical and horizontal storage carousels. By minimizing the wasted travel time across widely placed racking and several trips down the storage aisles, these systems allow adjustment of racking to save on space and time, accelerating APAC material handling equipment market forecast. Loads of all sizes can be transported automatically between drop-off and retrieval locations, whereby forklifts or other equipment pick them up.
 
All movements can be tracked and recorded in real-time, thanks to the use of RFID tags. Minimization of labor and inventory levels, maximization of available floor space, reduced need for storage audits, and simplification of inventory management are some of the most prominent benefits of these systems, which are accelerating their adoption across Asia Pacific material handling equipment market outlook.
 
 
Mecalux S.A., Honeywell Intelligrated, SSI Schaefer Group, Murata Machinery, Ltd., Hyster-Yale Materials Handling, Inc., Mitsubishi Motors Corporation, Toyota Industries Corporation, and JBT Corporation are some leading material handling equipment manufacturers in Asia Pacific.
 
Table of Contents (ToC) of the report:

Chapter 1   Methodology and Scope
1.1    Research methodology
1.2    List of data sources
1.2.1    Secondary
1.2.2    Primary

Chapter 2   Market Snapshot
2.1    Asia Pacific material handling equipment market snapshot

Chapter 3   Asia Pacific Material Handling Equipment Market Trends
3.1    Industry coverage
3.2    Industry size, 2016 – 2026
3.3    Impact of COVID-19 pandemic
3.4    Value chain analysis
3.4.1    Company product snapshot
3.5    Innovation landscape
3.6    Regulatory norms & directives
3.7    Drivers & restraints
3.7.1    Market drivers
3.7.2    Market restraints
3.8    Industry analysis - Porter's
3.9    Competitive benchmarking, 2019
3.9.1    Strategy dashboard
3.10    PEST analysis

 
About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Us:
Parikhit B.
Corporate Sales,
Graphical Research
Phone: 1-800-986-6917

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