Attractive Opportunities in Automated Material Handling Equipment Market Growth by 2024
The key factors driving the growth of the market include growing presence of start-up companies offering robotic solutions for warehouse automation, increasing popularity of AMH equipment among leading industries, significant recovery in global manufacturing, and rising labor cost and safety concerns. However, high upfront cost of AMH equipment for SMEs, and high integration and switching costs are the key restraining factors for market growth.
View full press release