Posted on 486
ResearchAndMarkets.com’s offering.
The Global Automated Material Handling (AMH) Equipment Market is expected to grow from USD 43.6 billion in 2021 to USD 76.8 billion by 2026; it is expected to grow at a CAGR of 12% from 2021 to 2026.
The key factors driving the growth of the AMH equipment market are growing demand for automated storage and retrieval systems (ASRS) in e-commerce due to onset of COVID-19, increasing presence of startup companies offering robotic solutions for warehouse automation, rising popularity of AMH equipment among leading industries, and surging labor cost and safety concerns.
Market for robots to account for largest market share during forecast period
Share this article
Share this article
ResearchAndMarkets.com s offering.
The Global Automated Material Handling (AMH) Equipment Market is expected to grow from USD 43.6 billion in 2021 to USD 76.8 billion by 2026; it is expected to grow at a CAGR of 12% from 2021 to 2026.
The key factors driving the growth of the AMH equipment market are growing demand for automated storage and retrieval systems (ASRS) in e-commerce due to onset of COVID-19, increasing presence of startup companies offering robotic solutions for warehouse automation, rising popularity of AMH equipment among leading industries, and surging labor cost and safety concerns.
Market for robots to account for largest market share during forecast period
Share this article
Share this article
ResearchAndMarkets.com s offering.
The precision livestock farming market was valued at USD 3.4 billion in 2019 and is expected to reach USD 4.8 billion by 2025, at a CAGR of 9.0% from 2020 to 2025.
The precision livestock farming market has a promising growth potential owing to several factors such as the implementation of IoT- and AI-enabled devices for livestock monitoring, surging labor costs and rising demand for automation in the livestock industry, increasing focus on real-time monitoring and early disease detection, and growing demand for protein and dairy products have become the prominent factors for the growth of the precision livestock farming market globally.