Research and Markets

Value of Material Handling Equipment Market Could Exceed $148Bn by 2021

July 18, 2016

Improving economic conditions have boosted investment in the construction sector and also the spending pattern of consumers, both of which have contributed to growth in the material handling market. Another factor is rising labor costs, which has led to investments in these solutions to cut down on operating expenses.

Market for Automated Material Handling Equipment Predicted to Approach $45Bn by 2022

June 15, 2016

Research and Markets

The automated material handling equipment market is expected to reach $44.68bn by 2022, at a CAGR of 7.9 percent between 2016 and 2022, according to analysis firm Research and Markets. Market growth is propelled by increasing demand for automated solutions, advancements in technology; the need to ensure a safe working environment; and reduction in labor cost through advanced robotics.

Forklift Industry Sees Robust Growth in China, Report Says

January 13, 2016

Research and Markets

With the progress of modern logistics as well as the growth in demand for replacing workforce by machinery, forklifts have become the most widely used tools for handling materials in logistics industry. In 2014, global forklift sales volume exceeded one million sets for the first time, representing a year-on-year increase of 7.5%; wherein, China sold 360,000 ones, up 9.4% year on year, still ranking first worldwide.

Market for Soy Products Could Be Worth $17Bn by 2019

December 29, 2015

Research and Markets

The soy market in the United States is expected to reach a market value of around $17bn by the end of 2019, according to Research and Markets, an industry analysis firm.

Growth in Herbicide Market Expected to Top 6 Percent Through 2020

December 14, 2015

Research and Markets

The global herbicide market was $22.19m in 2014 and is estimated to reach $31.84m by 2020, at a CAGR of 6.2 percent for the forecasted period, according to a report from Research and Markets.

Weaker Canadian Currency Could Help Domestic Merchants Regain Business From U.S. E-Commerce Giants

December 3, 2015

Research and Markets

B2C e-commerce in Canada is dominated by U.S.-based retailers, according to a report from Research and Markets. However, local Canadian retailers could be favored this year by weaker Canadian currency with respect to the U.S. dollar.