Automated Material Handling Equipment Market worth $76.8 billion by 2026 - Exclusive Report by MarketsandMarkets™
The robots segment held the largest share of the global automated material handling equipment market in 2020.
- The robots segment held the largest share of the global automated material handling equipment market in 2020.
- Material handling tasks, such as pick and place or palletizing, are among the most mundane and repetitive tasks performed by human workers.
- The growth of the unit load material handling system segment of the automated material handling equipment market can be attributed to its cost-effectiveness and ability to handle several items simultaneously, thereby reducing the number of trips, the time required for loading and unloading, and the cost of handling.
- The increasing demand for automated material handling equipment in the e-commerce industry is expected to fuel the market of unit load material handling systems during the forecast period.