APAC Market Statistics
The material handling integration market in Asia Pacific is poised to hold a share of 37% during the foreseen period. The growth is due to growing industrialization, increasing e-commerce activities, and an emphasis on technology development. For instance, the two nations with the fastest-growing e-commerce markets, India and the Philippines, are predicted to have increases in online sales of more than 25%. Demand for effective supply chain solutions has risen as a result of the region's rapidly developing economy, leading to increased use of material handling integration techniques. The deployment of integrated systems, including automation and robotics, will become an important factor as enterprises strive to improve productivity and efficiency. Strategic alignment with modernization objectives is reflected in the dynamism of the Asian Pacific material handling integration market, which has triggered unprecedented growth.
North American Market Statistics
North American material handling integration market is projected to account for 26% by the end of 2037. North America is characterized by a highly technological region, with many tech companies active and more people using the internet and smartphones than anywhere else. A large number of solution providers specialized in the integration of material handling systems are also present in the region. By investing in R&D to boost innovation, governments are active in promoting the development of this region, especially in the United States and Canada.
Author Credits: Richa Gupta
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