The global automated material handling systems market is anticipated to grow at a CAGR of 9.2% over the course of the forecast period, according to the most recent study by FMI. The market is anticipated to be worth USD 34 billion in 2023. The value is expected to hit USD 81.8 billion by 2033. The global industry for these machines is growing rapidly in …
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Handling Systems Market anticipated to witness moderate growth registering 9.4% CAGR during the forecast period 2022-2032
During the forecast period, the Handling Systems Market is expected to grow at a compound annual growth rate (CAGR) of 9.4%. Market growth for automated material handling equipment is anticipated to reach US$ 70 Bn by 2032, up from US$ 28.8 Bn in 2022. The automated material handling equipment market is growing as a result …
Automated Material Handling Systems Market Expected to Behold a CAGR of 9.4% through 2032
The automated material handling systems market is predicted to increase at a CAGR of 9.4% from 2022 to 2027, rising from USD 28.8 billion in 2022 to USD 45.1 billion in 2027. Due to the commencement of COVID-19, the automated material industry is developing primarily due to increased demand for ASRS in the e-commerce industry. growing trend toward smart …