The pallet inverters or exchangers or tuners usage is escalating at a speed. In 2023, the market valuation is all set to exceed $1.24 billion. At 4.2% CAGR, it is predicted to reach $1.87 billion in 2033. Pallet inverters sales accounted for a 3% share of the lifting equipment market across worldwide industries in December 2022.
Many industrial operations need bulk material handling and storage, so they depend on handling tools & systems. Material handling devices are machinery designed to lift, move, regulate, maintain, and store products in warehouses and other facilities. The manufacturing, warehousing, and logistic sectors need proper inventory handling, especially for customer satisfaction [end-users]. Proper product handling devices and systems, especially for palletized items is needed to ensure that the operation is efficient and safe.
A pallet inverter device is known as a pile changer or turner used to move laden pallets. Rotating pallet needs differ, but it is sourced from the need to quickly replace improperly positioned or damaged pallets. Using a pallet tilter concludes the physically demanding and time-consuming task smoothly in less time in comparison to manual handling. Top Industries offer many types of pallet inverters and systems including single clamp, dual clamp, stationary, mobile, Falcon Wings, and more.
According to market research, global pallet exchanger sales were recorded at 2.7% of CAGR from 2018 -22. With the increasing manufacturing and industrial end-use application, the pallet turner market is expected to increase down the road. Advanced automated systems allow for high volume and speedy production, which contributed to the pallet exchanger sales increase. Intelligent digital technology is integrated with material handling devices, which enables high efficiency and productivity.
Reasons pallet inverters demand is steadily increasing
Create a safe work environment and lower the operation cost
Organizations are focused on inventory cost optimization and avoiding waste by employing productivity values. Pallet exchangers enhance efficiency and safety while handling unit loads, which lessens the potential of product damage, yet enhances speed and accuracy.
For example, material handling in logistics & warehousing, pharmaceuticals & chemicals, etc. material handling is possibly unsafe. On-site accidents cost is significant but is even risky to your employee’s life. Pallet exchangers are equipped with safety measures and protocols, so they are the right solution to use in an unsafe workplace environment.
Ease logistic complexities with modern technology
End-use sectors are incorporating smart technologies like AI and IoT to capitalize on development and enduring profitability. Automatic robots and systems have proved to enhance operational capabilities and efficiencies during a lot of supply & demand situations.
In opposition to this revolution, the logistics industry has experienced critical workforce shortages, low profitability, and split marketplaces. Pallet inverters offer versatility in terms of hydraulic clamping, electromechanical rotation, platform size options, varying load capacities, customized PLC control, heavy-duty power conveyors, and several other safety features. These aspects subsidize the demand for advanced technology material handling systems and solutions.
Demand for ergonomic
The warehouse, transportation, and logistics sector need employees to do a lot of lifting or stretching and bending, etc. along with long shifts have increased the demand for creating an ergonomic work environment. Employee health and productivity are the top priority, so industries are focused on ergonomic handling devices, which ensure both.
So, there is a growth in pallet inverters and even pallets, which is expected to consistently expand down the road. Top Industries are leading pallet turner manufacturers you can follow on LinkedIn to gain more details of their products!
