Published on : Apr 24, 2017
Albany, New York, April 24, 2017: To present a detail insights on rapidly expanding global market which is gaining momentum currently, an extensive forecast study titled “Global Automatic Tray Loading System Market 2017-2021” has been broadcasted to the online repository of Market Research Hub (MRH). According to the research analyst’s estimations, the global automatic tray loading system market witnessed to grow at a CAGR of 4.67% during the period 2017-2021.
First of all, the report broadly categorized the market on the basis of geography which includes some of the major regions, such as APAC, Americas and EMEA. Through this regional analysis, the report covers the current scenario and the future growth prospects of the market. This section encapsulates the market landscape along with key highlights. As per the findings, the best loading equipment allows to load and unload goods as well products quicker and safer, while reducing man-hours every week. Automatic tray loading systems are one of those equipment’s which are arranged for physical movement of goods and materials within the industrial facility, warehouse and distribution centers. Also, these systems facilitate the reduction in storage and transportation costs while eliminating the waste disposal costs and labor handling charges. These systems are used to load the finished products in particular containers in a process line. Conveyor systems play a major role in automatic tray loading systems.
Moreover, the market report on automatic tray loading systems also identifies the key drivers, emerging trends, as well as the challenges. Currently, the growing preference for automatic tray loading systems is the need to facilitate the movement, placement, storage and retrieval of industrial goods or products within the warehouse or storage facility of an industry is boosting the market growth. Also, Integration of material handling equipment with electronic intelligence is the current trend fuelling the market growth, finds the study.
In the next section, the report segments the market on the basis of end-users and geography. End-users of the automatic tray loading system includes:
- Electrical and electronics
- Automotive and auto component
- Food and beverages
Among these, the growing preference for automatic tray loading system in the automotive and auto component industry is boosting the segment rapidly. Moreover, in terms of geography, APAC accounted for the majority market share during 2016 and will continue to dominate the market during the forecasted period. Some of the major factors driving the market's growth in the region are the rising investments across all end-user segment.
Furthermore, the report also profiles key vendors operating in the global market. They are:
- Forte Automation Systems
- Gleason Automation Systems
- Schaefer Systems International
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Some other prominent vendors are Cimcorp Group (Acquired by Murata Machinery), Groupe Legris Industries, ATS Automation Tooling Systems, FlexLink, WITRON, APT Automation (Trident Electronics Technologies), RNA Automation, TGW Logistics Group and others.
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