E-Picker, a giant that provide light material handling equipment, the company introduced its innovative fleet of stackers, access vehicles, pallet jacks, and iron-powered fork lifts on June 2021. This new line of material handling solutions is designed to minimize the inefficiencies and maximize the material handling operations, particularly in e-commerce, retail, manufacturing, and warehouse equipment’s.
With the rise of e-commerce industry and increasing demand for fast and efficient order fulfillment. The material handling equipment operation has become a critical component of supply chain management. This new material handling equipment will help in maximizing efficiency and provide safety for employees.
E-Picker new line of material handling equipment is engineered to provide an efficient, cost-effective, and safe solutions for material handling crated, pallets, and other heavy equipment’s. These equipment’s were designed to navigate tight space and crowded warehouses. These feature makes them an ideal solution for use in the heavy variety of settings.
By streamlining the material handling equipment operation, E-Pickers equipment can help the business to reduce its labor cost, improve efficiency, and increase productivity. With the new innovation and design the company is committed to provide quality products. The new line of material handling equipment were aim in revolutionizing the way businesses handle their material handling needs.
In a recent report published by Coherent Market Insights states, the global material handling equipment market is poised to reach at a CAGR of 6% from 2024 to 2031. Revenue is projected to jump from US$ 228.33 Billion in 2024 to US$ 344.23 Billion by 2031. Increasing demand for these equipment across various industries will aid in driving demand for material handling equipment market. It is widely used in different industries such as automotive, food and beverages, healthcare, and e-commerce industry.
Moreover, rising integration of automation and technology will also aid in driving demand. People are adoption automation, robotics, and Internet of Things (IoT) on large scale that fuel demand. Growth in E-commerce sector will also provide opportunities for growth in the market.
Asia Pacific is poised to lead the global industry during the forecast period. This is due to rising demand for efficient warehouse and material handling operation. This region is investing its money on the innovative technologies. On the other hand, Latin America is also dominate the market during the forecast period. Countries such as Brazil and other are expanding its manufacturing capacity.
Automation in material handling is becoming integral part of every organization as the companies are adopting it on large scale. Adoption of automated machineries and equipment’s will also help in dealing with high labor cost. These technologies such as IoT, robotics, and automation will help in a range of activities such as packaging, order packing, transportation, and palletizing.
“Rising adoption of industrial robots and autonomous vehicles that will help in improving warehouse efficiency,” said lead advanced material analyst Yash Doshi. Additionally, rising demand for smart material handling solution equipped with analytics capacities will open a door of opportunity to the market.
