Asia is diversity
If Ching Pong Quek were to describe the Asia-Pacific region - KION APAC - in a single word, it would be ‘diverse’. “The economic situation, the market, customer requirements, the culture and the languages are incredibly varied here,” notes Quek, who is President of the KION APAC operating unit and a member of the KION Executive Board. The same goes for the intralogistics industry where KION operates. In APAC, there is a demand for every level of quality - from premium technology down to low-cost solutions in the economy segment. “The market potential varies enormously,” he says, referring to the disparity in the market penetration of industrial trucks. “In Singapore, there are 1,000 trucks for every million people. In Australia, there are 700, while in China 200 and in India, just ten.” These numbers reflect not least the very different development stages in each country. This, in turn, results in highly diverse customer requirements because warehouses in the emerging markets adopt different levels of technology.
2017-03-01