Global Automated Truck Loading System Market 2017-2021
About Automated Truck Loading System
Automated truck loading systems (ATLS) are used to load trucks and trailers and are used to ensure material handling operations are faster, safer, and have low operational costs. An ATLS comprises two components: the trailer system in the truck trailer and the dock system in the loading ramp. They are majorly used for one-way loading and shuttle transportation.
Technavio’s analysts forecast the global automated truck loading system market to grow at a CAGR of 8.38% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automated truck loading system market for 2017-2021. To calculate the market size, the report considers the revenue contribution has been considered for distribution logistics operations for the transport and logistics industry, and production and procurement logistics operations for other industries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automated Truck Loading System Market 2017-2021
Technavio recognizes the following companies as the key players in the global automated truck loading system market: Actiw, HAVER & BOECKER, Joloda International, Secon Components, and The Heico Companies (Ancra Systems).
Other Prominent Vendors in the market are: ATLS, BEUMER Group, Cargo Floor, Euroimpianti, FLSmidth Ventomatic, GEBHARDT Fördertechnik, Integrated Systems Design, Maschinenfabrik Möllers, and VDL Systems.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is changes in the global labor force. Rapid industrialization in developed and emerging economies has led to the increased demand for labor, resulting in a hike in the average labor cost and less availability of skilled workers in industries like chemicals and petrochemicals globally.”
According to the report, one of the major drivers for this market is increase in demand for automated material handling in the industrial sector. Industrial players are increasingly emphasizing on post-manufacturing operations and exploring cost-cutting opportunities in material handling through lean management principles. There is an increased emphasis on speeding up the cash cycle while improving customer satisfaction. This has necessitated the adoption of automated material handling operations and is expected to impact various aspects of material handling, including loading.
Further, the report states that one of the major factors hindering the growth of this market is high cost of implementation. Since ATLS involve the use of sensors, software, and advanced technologies, their prices are considerably high and require a large initial one-time payment. Also, investments on trailers and docks, along with investment in their modification add to costs. The costs appreciate depending on the customization and other operational requirements based on the industry. Since these are expensive to implement, only companies, which derive significant cost benefit from implementing solutions that reduce truck turn-around times such as those investing on third-party logistics providers. Also, companies with closed-loop systems, and requirement of high-speed dock door turnover such as courier shipping companies invest on these systems increasingly.
Actiw, HAVER & BOECKER, Joloda International, Secon Components, The Heico Companies (Ancra Systems), ATLS, BEUMER Group, Cargo Floor, Euroimpianti, FLSmidth Ventomatic, GEBHARDT Fördertechnik, Integrated Systems Design, Maschinenfabrik Möllers, and VDL Systems.
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