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(Transportation-News.com, January 16, 2018 ) Material handling equipment refers to a range of products that aid transportation and storage of material. The equipment enhances the operational efficiency and the workflow in manufacturing, streamlines supply chain distribution channel, and manages warehouse operations for optimum utilization. The equipment provides an accurate, process efficient, and cost-effective method for swift movements of goods across and organization. The market is divided based on functionality and geography. The global material handling equipment market was valued at $120.26 billion in 2015 is likely to grow at a CAGR of more than 6.56% during the forecast period.
The market is divided into the following segments based on geography:
-Asia
-Europe
-North America
-ROW
For More Information About This Report: http://www.reportsweb.com/global-material-handling-equipment-market-2016-2020
Key vendors:
-Beumer
-Daifuku
-Dematic
-SSI SCHAEFER
-Vanderlande Industries
-Clark Material Handling
-Product segmentation
-Crown Equipment
-Columbus McKinnon
-Business strategy
Other prominent vendors:
-Allied Conveyor Systems
-Caterpillar
-Dearborn Mid-West Conveyor
-Dorner Conveyors
-Dynamic Conveyor
-FMC Technologies
-Intelligrated
-RUD
-Shuttleworth
-Swisslog
-Taikisha
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Market Driver:
-Adoption of disruptive technology: the Internet of Things
-For a full, detailed list, view our report
Market Challenge:
-Inadequate skills in labor force
-For a full, detailed list, view our report
Market Trend:
-Use of hydraulic components in material handling equipment
-For a full, detailed list, view our report
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ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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