Market Share of Asia Pacific Automated Material Handling and Storage Systems Industry
The Asia Pacific Automated Material Handling and Storage Systems Market is highly competitive, which is mainly driven by the strong presence of the large number of players involved in the market. High barriers to exit, growing levels of firm concentration, and market penetration are some of the major characteristics influencing the competition in the market.
- February 2022 - Wise Robotics, the flexible warehouse automation solutions supplier, announced an extension of its range of autonomous warehouse robots - launching VisionNav's vision-guided, counterbalanced VNP15 automated forklift into its growing portfolio. The innovative VNP15 uses vision-based intelligence to automate material handling, storage, and retrieval. Its technology enables it to learn and navigate existing infrastructure, making it far more adaptable and easier to deploy with minimal site modifications.
- January 2022 - Wise Robotics, the supplier of flexible warehouse automation solutions, partnered with the world leader in vision-guided autonomous robotic forklifts, VisionNav, to bring greater innovation to UK warehouses. This will help UK operators boost order fulfillment and reduce the ongoing costs associated with running a warehouse in the face of well-documented supply chain challenges.
APAC Automated Material Handling & Storage Systems Market Leaders
Kardex Group
KION GROUP AG
JBT Corporation
Jungheinrich AG
SSI Schaefer AG
*Disclaimer: Major Players sorted in no particular order