Asia Pacific Material Handling Market - Forecasts from 2019 to 2024

The Asia Pacific material handling market is expected to achieve a market size of USD71.608 billion in 2024 from a market size of USD55.396 billion in 2018. The Asia Pacific region is poised to witness the fastest growth out of different geographical regions, on the account of rising demand for material handling solutions from emerging economies of China and India, over the forecast period. Growing infrastructure and construction activity in emerging economies will propagate the demand for automated material handling (AMH) systems, cranes and hoists, hence, fueling the market growth. The growing e-commerce industry will further create significant opportunities for material handling manufacturers in order to expand their presence in the region during the forecast period and in the upcoming years. In addition, the growing logistics industry is further propelling market growth in the forecast period. Moreover, growing concerns regarding workers' safety will fuel the utilization of automated material handling systems while working in dangerous and hazardous locations augmenting the market demand for these solutions.

The APAC material handling Market - Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by product, by application, by industry vertical, and by country.

The APAC material handling market has been segmented based on by product, by application, by industry vertical, and by country. Based on product, the market has been segmented into automated guided vehicles, automated storage and retrieval systems, trucks and lifts, cranes, conveyor systems, hoists, and others. On the basis of application, the market has been segmented into warehousing and distribution, airport baggage handling, bulk handling, postal and parcel delivery, assembly, and packaging. On the basis of industry vertical, the market is categorized into manufacturing, healthcare, chemical, paper, food and beverage, warehousing, and others. By country, the market has been segmented into Japan, China, India, Australia, South Korea, and Others

Major players in the APAC material handling market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the APAC material handling market.

Segmentation:

By Product

• Automated Guided Vehicles
• Automated Storage and Retrieval Systems
• Trucks and Lifts
• Cranes
• Conveyor Systems
• Hoists
• Others

By Application

• Warehousing and Distribution
• Airport Baggage Handling
• Bulk Handling
• Postal and Parcel Delivery
• Assembly
• Packaging

By Industry Vertical

• Manufacturing
• Healthcare
• Chemical
• Paper
• Food and Beverage
• Warehousing
• Others

By Country

• Japan
• China
• India
• Australia
• South Korea
• Others