Automated Truck Loading System Market Size Worth USD 5.37 Billion, Globally, by 2030 at a CAGR of 9.8%
Global Automated Truck Loading System Market: Dematic’s Driverless AGVs to Capture Market in Near Future
Pune, India., July 31, 2023 (GLOBE NEWSWIRE) -- The global automated truck loading system market size was valued at USD 2.63 billion in 2022. The market is projected to grow from USD 2.79 billion in 2023 to USD 5.37 billion by 2030, exhibiting a CAGR of 9.8% during the forecast period.
Increasing AI integration is contributing to the growth of automated truck-loading system market. This helps in improved visibility, optimization of supply chain, efficiency, end to end automation, and organization across various logistics processes and is anticipated to increase the market share during the forecast period. Fortune Business Insights presents this information in their report titled "Global Automated Truck Loading System Market, 2023–2030."
Drivers & Restraints-
Rising Construction Activities to Escalate Market
Implementation of sensors, cutting-edge technologies, and robots into automated truck loading systems can assist in reducing time substantially during the unloading and loading process in comparison with manual operations. This helps the system’s efficiency by delivering more cargo in less time and improves the logistics and transportation processes resulting in increased automated truck loading system market share. However, the huge population in developing nations gives rise to cheap labour, which constrains the automated truck loading system market growth.
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Report Highlights:
Report Coverage
Details
Forecast Period
2023-2030
Forecast Period 2023 to 2030 CAGR
9.8%
2030 Value Projection
USD 5.37 Billion
Base Year
2022
Market Size in 2023
USD 2.79 Billion
Historical Data for
2019-2021
No. of Pages
222
Competitive Landscape-
Major Players Focus on Technological Integration to Gain Competitive Edge
The market is highly competitive as several players focus on automating transportation and logistics services. Small, large, established companies, innovators and start-ups are all concentrated on integrating cutting-edge technology to cater the demand of the customers.
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Segments-
Flush Docks Leads the Market due to Convenient Installation Process
Based on the loading dock, the market is sub-segmented into the flush dock, enclosed dock, sawtooth dock, climate controlled dock, and others. Safe operations and easy installation in buildings attribute to the dominance of the flush dock segment.
Smooth Integration with Existing Fleet Assists Segmental Growth
Based on the truck type, the market is sub-segmented into the non-modified truck type and modified truck type. Non-modified truck segment leads the market as they can be integrated smoothly without any change in operations.
Easy Loading and Unloading Operations to Spur Growth
Based on the power, the market is sub-segmented into Chain Conveyor System, Slat Conveyor System, Belt Conveyor System, Skate Conveyor System, Roller Track System, Automated Guided Vehicles, and Loading Plate System. Increased speed and accuracy in truck unloading and loading operations drives the belt conveyor system.
High Demand and Regular Supply of Products Drives FMCG’s Progress
Based on industry, the market is divided into aviation, cement, paper, FMCG, post & parcel, automotive, textile, pharmaceutical, and others. Due to high production volumes and reliable transport solutions the FMCG segment drives growth.
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Regional Insights-
Early Adoption of Automated Truck Loading System in Europe Dominates Market
Early adoption of advanced technologies in the logistics and transportation industry by Europe has helped the region to dominate the market. Integrating these technologies improves efficiency, reduces labour costs, and enhances supply chain operations assisting in the region’s market growth.
Rapid industrialization, increasing manufacturing activities, and logistics services are the factors contributing toward the growth of Asia Pacific.
Report Coverage:
Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into the regional developments.
List of major industry players.
Key strategies adopted by the market players.
Latest industry developments include product launches, partnerships, mergers, and acquisitions.
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A list of prominent Automated Truck Loading System manufacturers operating in the global market:
ACTIW LTD. (Finland)
BEUMER GROUP (Deutschland)
Cargo Floor B.V (Netherlands)
GEBHARDT Fördertechnik GmbH (Deutschland)
HAVER & BOECKER OHG (Germany)
Ancra Systems B.V. (Netherlands)
Asbreuk Service B.V. (Netherlands)
Joloda Hydraroll Ltd. (U.K.)
Secon Components S.L. (Spain)
VDL Systems bv (Netherlands)
CLSi Logispeed (Germany)
Duro Felguera (Spain)
Industrial Conveying (Aust) Pty Ltd. (Australia)
KEITH Manufacturing Co. (U.S.)
Capo Tecnología (Brazil)
Dexter Compañy S.A. de C.V. (Mexico)
Q-Loader (Poland)
Dematic (U.S.)
FMH Conveyors (U.S.)
COVID-19 Impact:
Growing E-Commerce and Enhanced Technology Post Pandemic, Recovered Market
Supply chain disruptions and strict travel restrictions reduced the demand for automated truck loading systems during the pandemic. On the contrary, the industry also witnessed massive demand from essential goods and healthcare industry. This demand and shifted focus substantially impacted on the automated truck-loading system and assisted the market in bouncing back from the economic loss.
Notable Industry Development:
May 2022 − Dematic signed a contract with Fonterra. Under the contract, Dematic provided its automated guided vehicles to Fonterra to advance its warehouse operations at its manufacturing facility in Edendale. Dematic states that the company’s AGVs operate driverless, fully automated forklifts with a load capacity of 3,500 kg and a lift height of four meters.
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Table of Content:
Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Market Trends
Key Insights
Key Industry Developments - Merger, Acquisitions, and Partnerships
Porter’s Five Forces Analysis
Technological Developments
Impact of COVID-9
Insights on Deepfreeze Warehousing & its Applications
Customer preferences and trends for buying ATLS
Global Automated Truck Loading System Market Analysis, Insights and Forecast, 209-2030
Key Findings / Summary
Market Analysis, Insights and Forecast – By Loading Dock
Flush Dock
Enclosed Dock
Sawtooth Dock
Climate Controlled Dock
Others
Market Analysis, Insights and Forecast – By System Type
Chain Conveyor System
Slat Conveyor System
Belt Conveyor System
Skate Conveyor System
Loading plate system
Automated Guided Vehicles
Roller Track System
Market Analysis, Insights and Forecast – By Industry
Aviation
Cement
Paper
FMCG
Post & Parcel
Automotive
Textile
Pharmaceutical
Others
Market Analysis, Insights and Forecast – By Truck Type
Modified Truck Type
Non-Modified Truck Type
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Rest of the World
North America Automated Truck Loading System Market Analysis, Insights and Forecast, 209-2030
Key Findings / Summary
Market Analysis, Insights and Forecast – By Loading Dock
Flush Dock
Enclosed Dock
Sawtooth Dock
Climate Controlled Dock
Others
Market Analysis, Insights and Forecast – By System Type
Chain Conveyor System
Slat Conveyor System
Belt Conveyor System
Skate Conveyor System
Loading plate system
Automated Guided Vehicles
Roller Track System
Market Analysis, Insights and Forecast – By Industry
Aviation
Cement
Paper
FMCG
Post & Parcel
Automotive
Textile
Pharmaceutical
Others
Market Analysis, Insights and Forecast – By Truck Type
Modified Truck Type
Non-Modified Truck Type
Market Analysis – By Country
U.S.
By Industry
Canada
By Industry
Mexico
By Industry
Europe Automated Truck Loading System Market Analysis, Insights and Forecast, 209-2030
Key Findings / Summary
Market Analysis, Insights and Forecast – By Loading Dock
Flush Dock
Enclosed Dock
Sawtooth Dock
Climate Controlled Dock
Others
Market Analysis, Insights and Forecast – By System Type
Chain Conveyor System
Slat Conveyor System
Belt Conveyor System
Skate Conveyor System
Loading plate system
Automated Guided Vehicles
Roller Track System
Market Analysis, Insights and Forecast – By Industry
Aviation
Cement
Paper
FMCG
Post & Parcel
Automotive
Textile
Pharmaceutical
Others
Market Analysis, Insights and Forecast – By Truck Type
Modified Truck Type
Non-Modified Truck Type
Market Analysis – By Country
U.K.
By Industry
Germany
By Industry
France
By Industry
Rest of Europe
By Industry
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