Lucintel Forecasts the Global Independent Cart Technology Market is expected to grow with a CAGR of 22.3% from 2024 to 2030
Lucintel Forecasts the Global Independent Cart Technology Market is expected to grow with a CAGR of 22.3% from 2024 to 2030
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According to a market report by Lucintel, the future of the global independent cart technology market looks promising with opportunities in the automotive, food & beverage, household & personal, care, life sciences, and material handling markets. The global independent cart technology market is expected to grow with a CAGR of 22.3% from 2024 to 2030. The major drivers for this market are rising demand for automation in the manufacturing and logistic industries, significantly growing e-commerce industry, and increasing cost of labor.
A more than 150-page report to understand trends, opportunity and forecast in independent cart technology market to 2030 by type (intelligent track systems and intelligent conveyor systems), application (automotive, food & beverage, household & personal care, life sciences, material handling, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, intelligent track system is expected to witness higher growth over the forecast period due to its wide application in various end -use industries.
Within the application category, material handling segment will remain the largest segment due to rising need foe efficient and streamlined warehouse operations.
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In terms of regions, North America is expected to witness the highest growth over the forecast period due to significantly growing e-commerce industry and presence of manufactures in the region.
Rockwell Automation, Eagle Technologies,RightHandRoboticsare the major suppliers in the independent cart technology market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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