Automated Material Handling Equipment Market – Trends Forecast Till 2028

The global automated material handling equipment market size is projected to reach USD 43.6 billion in 2021, at a CAGR of 13.0% from 2021 to 2028.

Automated material handling equipment can automate the most tedious, dull, and unsafe tasks in the production line of different industries. This equipment is used by the end users to improve the quality, throughput, flexibility, and consistency along with decreasing ergonomic hazards for workers. It helps in enhancing the efficiency of the production line and increases the customer satisfaction by delivering quality products on time. Automated material handling equipment offers numerous advantages such as increases profit, enhances production quality & quantity, time saver, reduced labour costs and improved efficiency.