Market Research Report
Europe Automated Material Handling Equipment Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||584382|
|Published||Content info||127 Pages
Delivery time: 2-3 business days
|Europe Automated Material Handling Equipment Market Forecast 2019-2027|
|Published: June 10, 2019||Content info: 127 Pages||
The European market accounted for the biggest revenue share of the global automated material handling equipment market in 2018. Over the forecast period of 2019-2027, the European market is expected to rise at a 6.17% CAGR, continuing its dominance throughout the projected years.
Factors like constant demand from logistics in the e-commerce sector, need for customized solutions for AGV, and growing demand from emerging economies are presenting the automated material handling equipment market with lucrative growth opportunities. The German automated material handling equipment market is expected to record the highest CAGR growth over the forecast period in the European region. However, the loss of productivity due to real-time technical issues, fluctuating raw material costs and the lack of skilled professionals in the field are strongly challenging the market growth.
KUKA Group, Murata Machinery, Ltd., Toyota Industries Corporation, Amerden Group, Mitsubishi Caterpillar Forklift America, Dematic GmbH & Co. KG, Beumer Group GmbH & Co. KG, Honeywell Intelligrated, Fives Group, Swisslog Holding AG (acquired by KUKA Group), Daifuku Co. Ltd., SSI Schaefer Holding International GmbH, Kion Group AG, Precision Automation & Robotics India Ltd., and Jungheinrich AG are some of the companies that are competing in this market.