The rising demand for automation and robotics in production and logistics has transformed material handling, with companies increasingly adopting automated mobile robots to boost productivity and streamline supply chains.
“According to SNS Insider Research, The Material Handling Equipment Market size was valued at US$ 216.77 Billion in 2023 and is projected to reach US$ 353.67 Billion by 2032, growing at a CAGR of 5.59% over the forecast period 2024-2032.”