According to Goldstein Research, global automated material handling equipment market is expected to reach USD 46.1 billion by 2024 from USD 24.6 billion in 2016, growing at a CAGR of 8.2% over the forecast period 2016-2024. To cut unnecessary transportation cost and to obtain capacity to harness and analyze big data in real to time in order to improve the efficiency is the primary factor driving the market. Global automated material handling equipment market segmentation has been done on the basis of product type, application type, service, end-users and geography. Manufacturing sector has the largest application of automated material handling equipment with a market share of around 40.0% in 2016. E-commerce segment is expected to grow at the fastest growth rate over the forecast period. Global automated material handling equipment market is largely dominated by Asia-Pacific region acquiring 35.0% revenue share in 2016 on the back of increasing manufacturing capacity majorly in t...