Demand for Material Handling Equipment Predicted to Increase Through 2018
The Picking Perfection newsletter reported that the global demand for material handling equipment is predicted to rise 5 percent annually through 2018. Gains will be strongest for sales of advanced equipment such as automated conveyors and automated guided vehicles (AGVs). The data suggests that automated products reduce the required labor input in operating machinery, helping to curtail labor costs. Energy efficient products will also see solid gains as end-users seek to reduce costs. The complete report is available here. The...
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