Material Handling Equipment Market

Infographic representing increase in the material handling equipment market
(Image source: Global Market Insights, Inc.)

The material handling equipment market is expected to reach $190 billion by 2024. That is a CAGR of 5.5% over that time. As many industries move towards automated material handling, Reliant Systems continues to see increasing demand for products used in pick and place applications. Automated material handling comes with great benefits. The main purposes for automated material handling are efficiency, consistency and safety. Labor costs are almost erased, downtime is cut in half, quality is better controlled, and safety is improved tremendously by implementing automated material handling. We are excited to be involved in the growth and opportunities within this market and hope to see this positive trend continue as projected.


Check out the article "Automation is Driving the Material Handling Market" in New Equipment Digest >