© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Global Material Handling Equipment Market to grow at 5% CAGR from 2016 to 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Material handling equipment market growth is attributed to the capability to deliver a rapid and efficient means for the transit of goods from the warehouses to their respective locations. In addition, these systems provide several benefits to different industry verticals such as food retail, general merchandise, and durable manufacturing by enhancing the productivity with the use of automated systems and eliminating the need for humans for tedious tasks to minimize manual errors.  A strong investment landscape to install this machinery in warehouses and distribution centers will offer significant growth opportunities to the material handling equipment market. Companies are actively integrating various advanced solutions in the warehouses and distribution centers due to the swift changes in the consumer preferences. Several manufacturers have introduced tracking sensors and telematics solutions into the equipment, which aids in providing data management solutions that support the companies managing their warehouse fleet efficiently. Key Insights from Material Handling Equipment Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Material Handling Equipment Market Size, By Application, 2015 & 2024 ($ Bn)

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Application Analysis E-commerce applications are anticipated to witness attractive growth opportunities over the forecast timeline. This is due to the rising demand of efficient, responsive, and reliable material handling equipment market as the customers expect their orders accurately, quickly, and undamaged. The material handling processes aids in enabling supreme performance and high uptime for the peak-season productivity. They help in moving more pallets per shift, and reduce product damage with careful handling, with lift truck and equipment rental options.  Regional Analysis India material handling equipment market share is anticipated to grow significantly from 2016 to 2024 due to an attractive economic landscape, and significant demand for goods movement. The increase in the manufacturing activities in the region will also augment sales. The need for safe working environments in industrial facilities, developments in areas such as wireless technologies, robotics, and flexible electronics will fuel the MEA material handling equipment market size. Furthermore, the expansion of various international firms in the region will drive demand.  Competitive Market Share Participants accounting for material handling equipment market share include Kion Group AG, Daifuku Co. Ltd, Bastian Solutions LLC, Dematic GmbH, etc. 360° Analysis

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