Automated Material Handling Market Latest Technology, Emerging Technology till 2027
Market Highlights Automation in material handling facilitates the shifting of commodities from one place to another with little or no human intervention. The technology is relatively newer and is likely to gain traction over the next couple of years. Market Research Future (MRFR) has recently stated in its observation that the global automated material handling market is expected to expand at a healthy pace during the forecast period. The market is also projected to scale a decent valuation by the end of the evaluation period. The governments are supporting the adoption of advanced technologies across industrial domains. This, in turn, is expected to catapult the automated material handling market on upward trajectory. In addition, the rising inclination towards the adoption of Industry 4.0 is also prognosticated to favor the growth pattern of the global market over the next few years. However, the cost of installation of these machines is way too high, which can pose a challenge to