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Global materials handling equipment market is projected to exceed US$ 100 billion in sales by 2010.
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| 26 Feb 2009 |
The global materials handling equipment market is projected to exceed US$ 100 billion in sales by 2010 according to Epoc Messe Frankfurt, organizers of Materials Handling Middle East, scheduled to take place at the Dubai International Convention and Exhibition Centre from 31st May to 2nd June 2009.
Commenting on the growth opportunities, Elisabeth Brehl, MD of Epoc Messe Frankfurt, organisers of Materials Handling Middle East said: “There is a growing trend in the industry towards complete integration of materials handling systems with procurement systems, manufacturing management systems and shipping operations. This is expected to bolster demand for automation equipment and software both regionally and internationally.”
Rising per capita incomes, expanding manufacturing output and increasing investments in infrastructure development activities are major contributors to the rise in demand for materials handling equipment in developing nations.
The growth is profound across developing regions in the Middle East including UAE, Saudi, Qatar, Iran and Iraq; Asian countries such as India and China, as well as in Russia, Mexico and Turkey. Increasing tendency towards integration of materials handling equipment with other company systems has also contributed towards market growth.
Mahmut Gazi Bilikozen, Senior Show Manager of Materials Handling Middle East, noted that increasing demand for equipment for handling smaller packages from the E-retailing sector, innovation, ergonomics, safety and environmental concerns, comprise general growth drivers. “Several emerging trends in lift truck market coupled with innovations continue to redefine the materials handling business,” he observed.
Material handling equipment forms an integral part of any plant, warehouse or distribution system. Middle Eastern and Asian economies are set to play a significant role in production and consumption of industrial machinery in the imminent future.
Major players in the materials handling equipment market who will be exhibiting at Materials Handling Middle East include Cascade NV (Netherlands), Mohamed Abdulrahman Al-Bahar / CAT (UAE / USA), SSI Schaefer Systems Intl. (UAE / Germany), Interroll (France), Span Group / Jungheinrich (UAE / Germany), ICAM Srl (Italy), and Link Misr International (Egypt); amongst others.
Materials Handling Middle East is being organized under the patronage of His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority and Chairman and Chief Executive, Emirates Airline and Group.
Materials Handling Middle East is the leading international exhibition for logistics, supply chain, freight, and cargo products and services in the Middle East.
Materials Handling Middle East exhibition is in association with VDMA (German Engineering Federation), which supports the largest engineering industry network in Europe. The exhibition has grown more than 30% year-on-year, as the demand increases in the logistics industry. It will showcase over 250 exhibitors from more than 35 countries, to a visitor attendance of almost 10,000 in 2009.
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