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The materials handling industry is characterized by high barriers to entry, revolving mainly around high capital outlay on sophisticated equipment; high-end technology requirements on proprietary software programs in electrical control and systems; and required strong engineering design capability. With the rapid development of the manufacturing sector and the industrialization in Asia countries, demand for material handling products has been increasing as the economy across Asia improves significantly. Manufacturers are ramping up their capacities to ride on the growth and they will require advanced solutions and services in the areas of material handling and industrial automation. For instance, electronic, food manufacturers to logistic service providers look for automated material handling systems to manufacture and discharge products with speed, volume and reliability; Mines use conveying system to transport raw materials from sites to stockpile and ports; Airports require conveyor to move baggage; bottling plants automate the production process. It means material handling automation has become a critical part of the production chain process.
More information on the material handling industry is available from the renowned material handling associations below:
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