13 May 2021
Visiongain has published a new report on Automated Truck Loading System (ATLS) Market Report to 2031: Forecasts by truck type (Modified Truck Type, Non-modified Truck Type), by system type (Roller Track Systems, Chain Conveyor Systems, Belt Conveyor Systems, Others), by end user vertical (Aviation, Textile, Cement, Automotive, Others). PLUS Profiles of Leading Automated Truck Loading System Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.
Automated truck loading system market was valued at US$ xx billion in 2020 and is projected to reach at a market value of US$ xx billion by 2031. Automated truck loading system (ATLS) involves in moving product from standard systems to customized solutions. It helps in reducing labor cost, optimizes time management, minimizes product damage, and ensures high efficiency in the supply chain. Moreover, truck loading & unloading by fork lift or pallet is largely used system in the market. Furthermore, in temperature-controlled transportation, ATLS helps in the minimization of cooling loss during the loading process and has positive environmental effects over goods loaded.
Surge in the need of accuracy & faster to reduce human efforts and increased awareness towards automated truck loading system for optimization of the logistics supply are some of the major factors driving the market growth. On the contrary, increased technological advancements and development & expansion of transportation & global trading are becoming major factors expected to provide an immense opportunity to the automated truck loading system market.
COVID-19 Impact on Automated Truck Loading System Market
The unpredictable COVID-19 pandemic has affected production & supply chain activities globally. The automated truck loading system market is severely impacted and has experienced massive decline in revenue. As government & regulators have declared lockdowns & closed several ongoing production lines. Therefore, due to this global health crisis, the demand for the automated truck loading system has affected tremendously and is expected to regain by the third quarter of 2022.
Surge in the need of accuracy & faster loading and to reduce human efforts
The implementation of ATLS provides uniquely calculated logistic requirements, enhancing loading processes efficiently, and streamlining trailer loading which eliminates waste, time, resources, and labor. Therefore, due to these several benefits, end use verticals are implementing ATLS due to increased need of accuracy & faster loading and to reduce human efforts is driving the market growth.
Increased awareness towards automated truck loading system for optimization of the logistics supply
Primarily, in developing countries such as India, Mexico, Thailand, Turkey, among others are largely implementing ATLS for the loading process of goods. Awareness towards automated system provided by ATLS with faster checking of good and other services for optimization of logistic supply is therefore driving the market growth.
Increased technological advancements
With this shift towards automate loading system which enables shorter truck turnaround time, enhances a safer work environment, and faster trading processes, the technological advancements plays a vital role in the market. Key players have an opportunity to expand solutions with customized loading services, which is becoming major opportunistic factors to the market.
Development & expansion of transportation & global trading
Expansion of world trading, increased demand & requirement for goods, raw materials, and other carriers are expected to provide lucrative opportunities to the market. As with expansion in trading, demand for truck loading is anticipated to rise especially among countries emerging into business partnerships & acquisition system. Therefore, in order to stimulate & improve loading of trucks, demand for automated truck loading systems across several end use verticals is are expected to boost the market growth in the upcoming years.
Some of the companies profiled in the report include ATLS Ltd, Actiw Oy, Ancra Systems B.V., Asbreuk Service B.V., BEUMER Group GmbH & Co. KG, Cargo Floor B.V., C&D Skilled Robotics Inc., GEBHARDT Fördertechnik GmbH, HAVER & BOECKER OHG, and Joloda International Ltd.
In June 2020, TRAPO AG, which is a manufactures material handling equipment company has unveiled new automated truck loading and unloading system, TLS 3600. In addition, it is a fully automated logistics solution, safe loading & unloading of trucks, inexpensive, and containers with pallets.
In October 2016, the Heico Companies LLC, which is the holding company involved in manufacturing, construction, and industrial services have acquired Ancra Systems B.V. In addition, Ancra Systems is one of the leading company in the field of automatic truck loading systems. Moreover, the acquisition aimed at advancing loading system technology to the North American trucking & material handling sectors.
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