A recent report published by Infinium Global Research on automated truck loading system market provides an in-depth analysis of segments and sub-segments in the global as well as regional automated truck loading system market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional automated truck loading system market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global automated truck loading system market. According to the report, the global automated truck loading system market is projected to grow at a CAGR of 7.4% over the forecast period of 2019-2025.
The automated truck loading system is being mostly used in the material handling industry. Automated truck loading has the major potential for cutting costs in intralogistics operations in several industries. In general, truck loading automation is gaining benefit both in the capital and operational expenditures. The automated truck loading system is used in different industries such as automotive, textile, consumer products, food & beverage, warehouse & distribution, paper, appliance industries, and other industries. The transportation industry relies heavily on automated truck loading system material handling systems to rapidly move product via land, sea, and air.
Increasing demand for an automation process to reduce the human effort and increase accuracy and minimize the work time and errors tend to the growth factor of the global automated truck loading system market. Growing awareness for the safety of work environment and enhancement in the optimization of the logistics supply chain is the driving factor for the growth of the automated truck loading system market. On the other hand, high capital investment is required for the installation of the automation process may hamper the growth of the automated truck loading system market. High availability of cheap labor for the manual loading process that may restrain the growth of the automated truck loading system market.
Geographically, Europe region dominates by the largest market share in the automated truck loading system market due to the rising adoption of automated technologies in the truck loading and unloading process in different industries. In Europe, U.K accounted for the largest market share followed by Germany, France, and Spain. Moreover, the Asia-Pacific region expected to boost the growth of the automated truck loading system market due to the presence of various industries such as FMCG, paper, automotive, warehouse and distribution, oil, and many other industries. In Asia-Pacific, China holds the highest share followed by Japan and India.
Figure: Global Automated Truck Loading System Market by Region
The report on global automated truck loading system market covers segments such as loading dock, system type, truck type, and industry. On the basis of loading dock, the sub-markets include enclosed dock, saw tooth dock, flush dock, and other loading docks. On the basis of system type, the sub-markets include belt conveyor system, skate conveyor system, slat conveyor system, chain conveyor system, roller track system, automated guided vehicle, and other systems. On the basis of truck type, the sub-markets include modified truck type, and non-modified truck type. On the basis of industry, the sub-markets include cement, paper, FMCG, aviation, automotive, textile, pharmaceutical, post & parcel, and warehouse & distribution.
The report provides profiles of the companies in the market such as Cargo Floor B.V., Gebhardt Fördertechnik GmbH, Beumer Group GmbH & Co. KG., Actiw OY., Ancra Systems B.V., Haver & Boecker OHG, Loading Automation, Inc., Asbreuk Service B.V., Joloda International Ltd., and C&D Skilled Robotics, Inc.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of automated truck loading system market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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