In certain product categories, logistics costs accounts for the major portion of the total costs, which has led to shift the focus towards more economical and efficient logistics operations. Now a days, manufacturers emphasized on improving production efficiency as a means to gain a competitive edge, as well as to achieve operational excellence.
Introduction of automation in logistics improves operations and flexibility, while ensuring high efficiency. Manufacturers are focusing on post-manufacturing operations so as to cut costs, an area that has been totally neglected in the past. There are significant opportunities to cut costs in post manufacturing operations and effectively speed up the entire cash cycle.
There has been growing use of automated truck loading systems for loading and unloading of goods or materials. This reduces labor cost, minimizes product damage, optimizes time management and ensures high efficiency in the supply chain.
Traditionally, the manual truck loading process was adopted in the industries; however, labor scarcity manifests a major hurdle. As a result, it has emerged as the strongest factor pushing for consolidation and automation in logistics operations.
Consequently, there is a steady rise in the adoption rate of automated truck loading systems in many industries, such as food & beverage, paper, automotive, dairy, chemical-cosmetic, pharmaceutical, electrical, glass, tobacco, and general manufacturing.
Retirement of the skilled warehouse workers and truck drivers in developed regions such as Europe and North America is another factor that has led to an increase in the adoption of automated truck loading systems as a post manufacturing solution in industry logistics.
Drivers:
The major factor driving the growth of the automated truck loading system market is cost-cutting in the operations. As compared to traditional loading, the automated truck loading system can save significant value of the total cost of products sold.
Additionally, automated truck loading systems reduce dependency on labour, save goods from being damaged and improve safety of work environment. These factors are estimated to fuel growth of the global automated truck loading system market.
Restraints:
Abundant availability of cheap labour in the Asia-Pacific region is estimated to be a key restraining factor that may hamper growth of the global automated truck loading system market.
Steep costing of automated truck loading systems is estimated to be a major restraint in the growth of the global automated truck loading system market in cost sensitive regions such as India and China.
The Asia-Pacific automated truck loading system market is forecasted to register stable growth over the forecast period, owing to the growing demand for automation in operations such as truck loading and unloading, new strategies in production cost cutting and safety of the work environment.
In this region, India and China are projected to drive the growth owing to the low penetration rate of automated truck loading systems. The North America and Europe truck loading system market is estimated to grow steadily in the forecast period.
Examples of some market participants in the global automated truck loading system market identified across the value chain are:
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
The global automated truck loading system market is segmented as follows:
The global automated truck loading system market can be segmented on the basis of system type as follows
The conveyor systems segment can be further divided into
The global automated truck loading system market can be segmented on the basis of loading dock as follows
The global automated truck loading system market can be segmented on the basis of application industry as follows
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Automated Truck Loading System Market
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