Manufacturing journalist, Thomas R. Cutler recently authored an article featured in Robotics and Automation News, titled, “Market for Automated Material Handling Equipment to Reach $45 Billion by 2022.” Cutler discussed the implications for automated material handling equipment market as it is expected to reach $44.68 billion by 2022, at a CAGR of 7.9 percent between 2016 and 2022.
According to the analysis, market growth is propelled by increasing demand for automated solutions; the need to ensure a safe working environment; and reduction in labor cost through advanced robotics. Unit load material handling systems are estimated to hold a large share and grow at a high CAGR in the automated material handling equipment market during the forecast period.
Unit load material handling systems are widely used in various industries as they are cost effective and have many advantages such as the ability to handle several items simultaneously, thereby reducing the number of trips, time required for loading and unloading, and the cost of handling.
The e-commerce and aviation applications are expected to witness a high growth rate between 2016 and 2022. E-commerce companies are increasingly adopting automated material handling equipment to shorten the delivery time of products to the customers and storing goods in warehouses to ensure the quick delivery of the products.
Moreover, automated material handling is gaining popularity in the aviation industry as it offers ease for manufacturing and assembling the aircraft. Automated material handling systems are used for storing parts of aircraft, picking and handling of components during assembly of aircraft, and organizing aircraft parts efficiently.
Robotics and Automation News covers the robotics and automation industries around the world.
The publication can be accessed on the web; read the entire article at: http://bit.ly/298Pz89
About TR Cutler, Inc.
TR Cutler, Inc. was founded seventeen years ago by Thomas R. Cutler. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., (www.trcutlerinc.com), the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler maintains extraordinary relationships with clients, journalists, editors, economists, trendsetters, and key business leaders worldwide and has become a key resource for those writing about the manufacturing sector.
Cutler founded the Manufacturing Media Consortium in 1999, which now has more than 6,000 global members including journalists, editors, publishers, and economists, worldwide writing about trends, industrial data, manufacturing case studies, material handling profiles, and robotics feature articles. Cutler works with thousands of media outlets to expand the coverage and importance of the manufacturing media coverage.
Cutler has authored more than 6,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals each published in leading monthly trade magazines, B2B periodicals, blogs, and marquis publications globally.
Cutler is the most published freelance industrial journalist worldwide, and more than three thousand industry leaders follow Cutler on Twitter daily at @thomasrcutler
Company Name: TR Cutler Inc.
Contact Person: Thomas R. Cutler
Address:3032 S. Oakland Forest Dr. S-2803
City: Fort Lauderdale
Country: United States