Market size for shuttle systems [2022-2029] | Industry Trends, Share And…

Market size for shuttle systems [2022-2029] | Industry Trends, Share And…

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Pune, India, Nov. 08, 2022 (GLOBE NEWSWIRE) — The global market for shuttle systems Scale is expected to increase as the measured shift from physical to computerized warehouse function transforms the inventory management and logistics industry, notes Fortune Business Insights™ in its report titled “Shuttle Systems Market, 2021-2028.”

According to our analysts, in such a situation, the market for shuttle systems gains motivation due to the increasing number of barns and circulation departments around the world. According to Euromonitor’s forecast for global e-commerce, around 2.3 billion square meters of fresh storage space will be essential by 2035. In November 2019, for example, the Landmark Group funded almost USD 0.27 billion to launch its fully automated Mega Distribution Center (DC) at JAFZA in Dubai. This is expected to drive the market growth for the foreseeable future.

Request a PDF sample brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/shuttle-systems-market-104735

Some of the leading companies profiled in the market:

  • KNAPPAG
  • Vanderlande Industries
  • SSI Schaefer AG.
  • Liebherr Group.
  • Jiangsu Huazhang Logistics Technology Co.,Ltd
  • TGW
  • GEBHARDT Fördertechnik GmbH
  • Stow-group.com
  • BEUMER GROUP
  • KIONGROUP AG

Impact of COVID-19: Long-term implications for positive changes in market demand and growth

The pandemic of the COVID-19 virus has severely affected the global economy, which has caused market uncertainties. In the short time, nationwide lockdowns and strict government regulations have forced e-commerce providers, warehouses and delivery partners to shut down their fulfillment centers and stores entirely.

However, in the long term, the increase in online spending, the increasing need for storage space, huge funds from ISPs and their distributors in anticipation of further constant development are the aspects responsible for controlling the market growth of shuttle systems.

Report…

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