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The automated material handling equipment market is projected to expand at an annual compound rate of growth (CAGR) of 9.4%. The demand for automated material handling equipment is expected to rise from US$ 28.8 Billion in 2022 to US$ 70 Billion by 2032.

The material handling industry is expected to benefit from the growing trend toward smart factories. In order to evaluate operating efficiency and decrease waste, the entire manufacturing floor now requires monitoring at every step of the process. In such cases, smart factories with handling equipment provide continuous monitoring of all processes. Furthermore, many intuitive technologies included in material handling systems, such as cloud connectivity and data analytics, improve asset performance and give real-time actionable data.

Wireless remote-control systems that help give better diagnostics and save commissioning time are also provided by the incorporation of such automated material systems placed in facilities. The rise of industry 4.0 and smart factory development is creating a potential market for automated material handling systems as a result of the aforementioned considerations.

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The failure or breakdown of AMH equipment can have a significant impact on a company’s overall earnings. Breakdowns cause the entire production process to be delayed, resulting in output losses and plant performance degradation. As a result, such automated material handling systems business’ must invest extensively in preventive maintenance of their AMH equipment in order to avoid downtime and assure proper operation.

The automated material handling systems market growth is predicted to rise as the e-commerce industry continues to develop. Today’s e-commerce industry is booming all over the world, creating a great need for process automation. Amazon, Walmart, and other major retailers are progressively incorporating automated technologies to carry out operations in a more efficient, precise, cost-effective, and secure manner. Aside from that, the growth of the manufacturing industry is a big contributor to the material handling systems market expansion. Owners of facilities are concentrating on producing and delivering products to their clients at a faster, cheaper, and higher quality rate. As a result, integrating handling equipment allows for more efficient production cycles, which minimises operational costs and waste.

SMEs are unable to fully automate their supply chains due to the high upfront expenses of implementing AMH technology. Because small businesses cannot afford automated material handling systems, they must rely on traditional/manual material handling methods. Some major businesses reduce their upfront costs by renting industrial trucks, leasing equipment, or purchasing used equipment. This is expected to hinder the sales for new equipment.

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Key Takeaways

• Due to factors such as rising need for industrial processes and warehousing units, Asia Pacific dominates the worldwide automated material handling systems market.
• Due to increased penetration of online shopping trends, the presence of large online vendors, rising logistics infrastructure, and other factors, the e-commerce sub-segment is predicted to grow significantly throughout the projection period. This trend is driving warehouse operators to add automation technology into their warehouses in order to manage the supply chain ecosystem more efficiently.

• The unit load sub-segment is predicted to grow at the fastest rate, propelling the automated material handling systems market forward in the near future. This can be attributed to the e-commerce industry’s expansion.
• Due to rising consumption from the food and beverage, pharmaceutical, and e-commerce industries, the packaging sub-segment is predicted to rise gradually over the projected timeline.

Competitive Landscape

Due to the growing demand for increased efficiencies at distribution centres as a result of the expansion of ecommerce, prominent corporations are proactively working on supplying automated material handling systems for logistics solutions businesses. Furthermore, to supplement the market for the handling equipment, these main companies are focusing on sales efforts. According to secondary sources, European retailers ordered Vanderlande TMHE’s AGFs to establish a fully automated distribution centre in their new distribution facility.

Daifuku, KION, SSI Schaefer, Toyota Industries, and Honeywell International are among the key players.

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Recent Developments 

KION Group will open a new forklift truck manufacturing in China in December 2021 to provide supply chain solutions. For future manufacture of industrial trucks and supply chain solutions in Jinan, the plant has a total volume of roughly 140 million.

Toyota Material Handling Japan introduced the SenS+ operation system in August 2021, which detects and identifies pedestrians and objects behind the forklift and instantly controls and stops the truck’s backward motion.

Daifuku and AFT industries collaborated in February 2021 to combine their material handling capabilities in the automotive business. Daifuku and AFT will benefit from each other as a strategy to open global markets and secure increased demand and investments in material handling systems from car manufacturers.

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The global charge controller system market is expected to hold a market value worth US$ 3,241.5 Million and US$ 5,568.8 Million in 2022 and 2032, respectively. During the forecast period from 2022-2032, the market is expected to display a CAGR of 5.6%, and registered a CAGR worth 5.3% from 2016-21. Growth of the market can be attributed to the increasing demand for power systems across the globe.

Charge controllers are used in different type of power generating systems regardless the source i.e. wind energy, solar energy, hydro power based, fuel systems based, etc. and are essential for all power system applications. The growing demand for power systems across the globe is expected to boost the charge controller systems market.

Charge controllers regulate the batteries to limit the voltage/ current from overcharging and discharging, thus protecting them and increasing their overall service life. Preventing the batteries from damage during the charging process also optimize the overall system performance.

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To control the input voltage, charge controllers block the reverse current. Reverse current flows in the consequences of overcharging. By using the diode in series and shunt, it can be controlled and if the charge exceeds more than the rated voltage, the battery will be disconnected from the PV system. When used in wind power generation system, charge controllers dissipate the excess power in the form of heat in case of the battery is overcharged.

Charge controller systems, specifically, are used during solar power generation in Photo Voltaic (PV) systems.  They are connected in between the PV array cells and the battery to regulate the current/ voltage flow. In case of overcharging, when the battery charges power more than the rated voltage/current, charge controllers disconnect the battery from PV arrays in the absence of load.

Solar charge controllers are basically of two types – pulse width modulation (PWM) and maximum power point tracking (MPPT). MPPT charge controllers are widely used in solar power generation for their high efficiency and reliability.

They allow solar panels (PV arrays) to operate at the optimum output voltage to boost the performance more than 30%. PWM charge controllers are available in the market for a long time and they are less efficient and cost low when compared to the MPPT.

Various basic switching controllers include – temperature compensation, equalization charging, meters and indicators for system status and operating information. In order to regulate the battery by set point for load disconnection during discharging and overcharging of the battery, the following steps are followed

Regulate set point: Fix the set point at maximum permissible voltage to allow the battery to charge. If the voltage increases more than the set point, the controller discontinues the charging. The specific selection of the set point depends on the operating temperature and battery chemistry.

Voltage Regulate hysteresis: Voltage regulate hysteresis is an important factor causing charging effectiveness of a controller.

(LVD)Low voltage disconnect:   Low voltage disconnect is a set point at which the load is disconnected from the battery to stop over discharge

(LVDH) Low voltage disconnect hysteresis (LVDH):  It is the voltage at which reconnected

Europe holds the highest market share with more number of solar panels installed. North America holds the second largest market share in charge controller systems market. APEJ holds the prominent market share during the forecasted period with more no of solar and wind power installation.

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Global Charge Controllers System Market: Key Trends and Drivers 

Growing demand for power pertaining to energy crisis boosts the growth of the renewable energy sources which in turn a key driver for charge controller systems market. Owing to the characteristics of charge controllers in order to regulate the battery over the charging and discharging in PV systems, wind power drives the growth of the market. Smart grid utility station are installed are growing with new advanced technologies in which charge controllers are used drives the market.

Global Charge Controllers System Market: Market Participants 

Examples of some of the market participants identified across the value chain include, Morningstar, Blue Sky Energy, Steca Elektronik, OutBack power, Phocos, Beijing Epsolar, Centosolar, Genasun, Shuori New energy, Leonics, /solex,Intepower, Sunway Power.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Global Charge Controllers System Market: Segmentation 

Charge Controllers System Market is segmented as follows

On the basis of controller type

• PWM  charge controllers
• MPPT charge controllers

• Others

On the basis of applications

• Solar based
• Wind based
• Smart grid
• Others

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The swivel couplers market is valued at US$ 331.4 million as on 2022. The market is expected to grow at a CAGR of 5.3%, and is anticipated to be valued at US$ 556.3 million by 2032.

Swivel coupler sales are expected to be driven by an increase in construction activity, an expansion of the fabrication industry market, among other factors. The use of these couplers is anticipated to increase for a number of reasons, including the use of advanced production technologies in their manufacture.

Metals and alloys are used to create swivel couplers, which connect the pipes to form a truss structure. To prevent leaks, these are widely used in pipe fittings. As a result, swivel couplers are an essential component of plumbing accessories.

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These valves are essential for increasing the structure’s ability to support more weight. Couplers aid in the development of a sturdy structure. The market for swivel couplers has historically experienced a CAGR of 4.2 percent. Swivel couplers are becoming more and more important, and the CAGR for the forecast period is expected to be 5.3%.

The majority of businesses around the world have suffered over the past few months. This can be attributed to significant disruptions in their specific assembly and storage network operations caused by various prudent lockdowns and other limitations upheld by administrative experts around the world.

The global market for swivel couplers is comparable. Customer demand has also decreased as a result because people are now more eager to borrow money for small expenses from their individual financial plans because the overall financial situation of most people has been severely impacted by this flare-up.

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Over the gauge course of events, the aforementioned factors are predicted to disrupt the revenue direction of the global market for swivel couplers. However, as personal care professionals lift these supported lockdowns, the global Swivel Couplers market is anticipated to recover as well.

Competitive Landscape

The major players are now focusing heavily on quality control while also looking for ways to further enhance the production process. The businesses are doing this by recording every step in real time, from gathering the raw materials to turning them into the finished goods. Customers will be able to learn more about the procedure being used as a result.

Some of the key players are: 

• Supertek Scafform
• XSF Xtreme Structures & Fabrication
• Musson Theatrical, Inc.
• Scaffco
• ScaffoldMart
• Thiel United BV.
• Prajapati Tubes Pvt. Ltd.
• Theatrixx Technologies, Inc.
• HAKI AB
• Doughty Engineering Ltd.

In order to increase their respective consumer bases, a number of major market participants in the global Swivel Couplers Market sector are now concentrating more on forming successful joint ventures, acquisitions, and/or collaborations. By being able to serve their given target bases both domestically and abroad, they stand to increase them.

Over the course of the forecast period, it is anticipated that this factor, along with promising developments from developing countries in the Asia-Pacific region like India, China, Taiwan, Indonesia, etc., will greatly increase the business opportunities for interested parties.

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Key Segments Profiled In The Swivel Couplers Market Survey By Product Type:

• Pressed Swivel Couplers
• Forged Swivel Couplers
• Others

By Load Capacity:

• upto 1100 lbs
• 1100-2300 lbs
• above 2300 lbs

By End Use:

• Construction industry
• Manufacturing & Fabrication industry
• Water Works
• Others

By Region:

• North America
• Latin America
• Asia Pacific
• MEA
• Europe

About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global vision guided robots market is projected to secure a CAGR of 7.8% during the forecast period, and attain a value of US$ 27,238.3 million by 2032. The current valuation of the market stands at US$ 12,810.0 million in 2022.

The demand for vision guided robots is rising due to increased flexibility in discrete sectors and new product development. The vision guided robots operate freely and increase the efficiency of production, and are therefore being adopted on a large scale, which is contributing to the market growth of vision guided robots.

A robot is a multifunctional, reprogrammable manipulator intended to move materials, tools, parts, or specified devices through variable programmed motions. Robots are designed to perform a variety of tasks and a robot fitted with a camera and a computer to provide visual feedback is referred to as a vision guided robot.

Vision guided robots work on a technology wherein the camera(s) acts as a sensor, which provides a feedback suggestion to the robot supervisor to precisely move an object to a mutable target location(s). These robots’ precursory work is to capture images and transfer them to the processor, which then reports the data.

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Global Vision Guided Robots Market: Dynamics 

Drivers:

Adoption of vision guided robots in the market has increased and the reason behind this is the increasing need of automation in all industries. In order to deliver highly qualitative products, industries are using vision guided robots to maintain production lines. An upsurge in the recognition of robotics by SMEs has been observed in recent times for efficient and better functioning of processes within organizations.

The customization of products for specific applications increases flexibility of usage required by smaller companies, which will be met by new technological advancements. With international labor safety standards becoming rigorous, robots are being employed in unsafe environments in place of humans.

Moreover, vision guided robots are deployed in situations that are deemed unsafe and hazardous for laborers to work, such as working in irregular terrains and management of harmful substances. Vision guided robots enable organizations to circumvent risks and lessen the number of work mishaps.

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Restraints:

The restraining factor associated with vision guided robots is the initial cost required for the preliminary set up and integration. This limits the use of robots to heavy manufacturing groups. A major regulating factor for the vision guided robots market is theout of order of the cameras and the lack of acquaintance of robot operators. Furthermore, the limitation to select the existing camera versions with different resolutions is also a restraining factor for the vision guided robots market.

Global Vision Guided Robots Market: Market Participants 

Examples of some of the market participants in the global vision guided robots market are:

• Omron Corporationr
• Denso Corporation
• Isra Vision AG
• Fanuc America Corporation
• The Yaskawa Electric Corporation

• Basler AG
• Cognex Corporation
• Allied Vision Technologies
• ABB Group
• Jmp engineering

• R and d equipment
• Adept
• Comau
• Nachi fuykashi
• Epson

• Kamasaka
• Faune
• Kuka

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Key Segments in The Vision Guided Robots Market

By Component:

• Hardware
• Software
• Services

By Type:

• 2D – Vision System Robots
• 3D – Vision System Robots

By Industry Vertical:

• Automotive
• Electrical and Electronics
• Aerospace & Defense
• Other

By Region:

• North America
• Latin America
• Asia Pacific
• MEA
• Europe

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global warehouse robotics market is worth US$ 5 Bn as of now and expected to be worth US$ 9.5 Bn by the year 2032 at a whopping CAGR of 13% between 2022 and 2032.

Warehouse robotics has been widely looked upon as an effective methodology for reducing pressures revolving around increasing overheads and availability of the manual labor. Plus, operational competencies can’t be enhanced beyond a certain limit when it comes to manual operations.

The robots could be effectively used to lift heavy loads, efficiently carry out placing, picking, packaging, transportation, and palletizing. Specialized software solutions are needed for watching over warehouse operations, employees, and inventory flow.

IT professionals are engaged on continuous basis in upgradation of the software solutions with extra functionalities. A WMS (Warehouse Management System) is implemented by several companies. It could properly integrate ERP, labor management, and inventory management.

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The warehousing industry is also witnessing prominence of cobots (collaborative robots) as they have been designed for enhancing security and also simplifying HMI (Human Machine Interface). Machine Learning has accorded a higher level of intelligence to cobots, which is actually facilitating smooth rides with warehouses after seeing them getting done by operator even once. Mobile robots and cartesian robots are the other robots being preferred for performing warehouse operations like unloading and loading, placing and picking, and material handling.

However, dearth of skilled professionals coupled with higher costs related to deployment and training is the restraint that warehouse robotics market is subject to. Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Warehouse Robotics Market’.

Key Takeaways from Warehouse Robotics Market

• North America holds the largest market share and the status quo is expected to remain the same even in the forecast period due to promulgation of novel technologies at a better rate as compared to the other regions.
• Europe stands second on this count due to Germany expected to hold an exorbitant share in the forecast period.
• The Asia-Pacific is expected to grow at the fastest pace in warehouse robotics market due to growing manufacturing facilities coupled with rising demand for merchandise.

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Competitive Analysis

• ABB, in May 2022, came up with ‘ABB Robotic Depalletizer’, which comes across as a solution to handle complex depalletizing activities in healthcare, logistics, e-Commerce, and consumer packaged goods vertical. ‘Machine Vision’ technology helps the above-mentioned solution to assess boxes of various types, thereby facilitating efficient processing of assorted loads, that too, with minimal engineering and reduced downtime.
• GreyOrange, in May 2022, raised US$ 110 Mn, wherein it went for growth financing. Mithril Capital Management backed it through BlackRock.
• Fanuc America, in January 2022, tabled M-1000iA robot that is capable of handling heavy products inclusive of automotive components, construction materials, and battery packs to cater to electric vehicles. M-1000iA holds the distinction of being the biggest serial-link robot, as far as January 2022 is concerned.
• Omron Automation Americas, in July 2021, launched heavy-duty mobile robot called the ‘HD-1500’. It is able to handle bulky objects due to payload capacity of 1500 Kg.
• ABB Ltd., in February 2020, collaborated with Covariant for giving AI-empowered advanced mechanics answers to the market. In other words, the intelligent robots mentioned herein are meant for working with people and enhance every undertaking.

“With growing demand for automation in the wake of an excessive demand for netter production quality and safety, the warehouse robotics market is expected to grow unabated in the near future”, says an analyst from Future Market Insights.

What’s more with Warehouse Robotics Market?

• Future Market Insights offers an exclusive perspective and various real-time insights on the warehouse robotics market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2032.
• The research study is based on product (fixed robots, mobile robots, gantry robots, and stationery articulated robots), and by application (automotive, food & beverages, pharmaceuticals, electronics, construction, defense, and oil & gas).
• The fact that Amazon, Inc., in the year 2019, has more than 100K robotics systems deployed all across 25 fulfilment centers is a testimony to the fact that warehouse robotics market would grow on an impertinent note in the near future.

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Key Segments Profiled in the Warehouse Robotics Industry Survey

Product:

• Fixed Robots
• Mobile Robots
• Gantry Robots
• Stationery Articulated Robots

Application:

• Automotive
• Food and Beverage
• Pharmaceutical
• Electronics
• Construction
• Defense
• Oil and Gas

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:
Unit No: 1602-006
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Plot No: JLT-PH2-X2A
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