Technology
Automated Pallet Truck Market to Reach USD 3.29 Billion by 2032, Expanding at 13.2% CAGR Amid Warehouse Automation Boom | Valuates Reports
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BANGALORE, India, June 8, 2026 /PRNewswire/ —
What is the Market Size of Automated Pallet Truck?
The global Automated Pallet Truck market was valued at USD 1401 Million in 2025 and is anticipated to reach USD 3290 Million by 2032, at a CAGR of 13.2% from 2026 to 2032.
Report Coverage
Details
Base Year
2025
Forecast Period
2025-2032
Growth momentum & CAGR
Accelerate at a CAGR of 13.2%
Market Growth 2026-2032
USD 3290 Million
Regional Analysis
North America, APAC, Europe, South America, and Middle East and Africa
Key Companies Covered
Mobile Industrial Robots (MiR), Meidensha Corporation, Mitsubishi Corporation (MC), Swisslog, Seegrid, Toyota, Big Joe Forklifts, LINAK, RoboCV, Vecna Robotics, Casun, Suzhou Dolphin Star Intelligent Technology, Wuxi Dalong Electric Machinery, Zhejiang Etouch Technology, EP Equipment
What are the key factors driving the growth of the Automated pallet truck market?
Primary Drivers: Driven by the operational need for safer, faster, and more consistent pallet movement.Key Sectors: High demand across warehouses, logistics hubs, manufacturing plants, and food handling facilities.Operational Pressures: Fueled by ongoing labor availability issues, rising throughput demands, and tighter delivery schedules.Manufacturing Benefits: Crucial for automotive and electronics manufacturing, where structured material flow reduces delays between storage, assembly, staging, and dispatch.Market Impact: Accelerating a broader industry shift away from manual pallet movement and toward fleet-based, workflow-integrated automated handling systems.
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TRENDS INFLUENCING THE GROWTH OF THE AUTOMATED PALLET TRUCK MARKET:
Laser navigation strengthens the Automated Pallet Truck Market by supporting accurate movement in structured indoor environments where pallet routes, docks, aisles, and storage zones must remain predictable. It helps vehicles operate with stable positioning, reducing dependency on fixed floor markers and enabling smoother movement across warehouse and production layouts. This navigation method is especially relevant in facilities handling frequent pallet transfer, repetitive route cycles, and mixed storage zones. The market impact is higher adoption in operations that require reliable pallet movement with controlled routing and minimal process disruption.
Vision navigation drives market growth by enabling automated pallet trucks to interpret surroundings, recognize operating paths, and support movement in facilities where layouts and pallet positions change frequently. It improves flexibility in logistics and manufacturing environments where fixed navigation infrastructure may limit scalability. Vision-based systems also support better interaction with loading areas, staging zones, and nearby workers, making them suitable for dynamic warehouse and production workflows. The market impact is stronger demand from facilities seeking adaptable pallet automation without fully redesigning existing operations.
Automotive and electronics manufacturing supports Automated Pallet Truck Market growth through continuous internal material movement between receiving areas, production cells, component storage, quality inspection points, and outbound zones. These industries depend on timely replenishment, controlled handling, and uninterrupted line-side delivery, making automated pallet movement valuable for reducing bottlenecks. Electronics manufacturing also requires cleaner, more organized, and traceable handling of components, while automotive plants need durable systems for heavier production flows. The market impact is sustained adoption across factories where pallet movement directly affects production continuity.
Warehousing and logistics facilities are adopting automated pallet trucks to manage faster order cycles, frequent pallet movement, and tighter dock-to-storage coordination. Manual pallet movement often creates delays when workers shift between picking, staging, loading, and transport tasks. Automated pallet trucks allow repetitive transfer routes to run consistently while human workers focus on exception handling and value-added activities. The market impact is stronger deployment in distribution environments where throughput consistency has become central to operational performance.
Labor shortages and rising workplace safety expectations are major factors supporting automated pallet truck adoption. Pallet movement involves repetitive pulling, pushing, lifting coordination, and traffic exposure, creating operational strain in busy facilities. Automated systems reduce dependence on manual handling and help standardize movement patterns in high-traffic zones. The market impact is growing investment from operators aiming to reduce injury risk, stabilize labor planning, and maintain productivity despite workforce constraints.
Demand is expanding because automated pallet trucks are being used across light, medium, and heavy pallet movement requirements. Facilities handling packaged goods, automotive parts, food products, electronics components, and industrial materials need systems that match different load profiles without disrupting existing workflows. Flexible load capacity options make adoption easier across both compact storage environments and large production facilities. The market impact is wider market penetration across industries with varied pallet size, weight, and movement intensity.
Automated pallet trucks are increasingly selected because they can be aligned with warehouse management, production scheduling, dispatch planning, and internal material flow systems. Facilities benefit when pallet movement is connected to task assignment, route control, inventory visibility, and loading priorities. This integration reduces idle time, improves handoff between departments, and supports more disciplined pallet staging. The market impact is a shift from standalone equipment purchases toward integrated automated material-handling ecosystems.
Source from Valuates Reports: https://reports.valuates.com/market-reports/QYRE-Auto-32A2257/china-automated-pallet-truck
What are the major segment types in the automated pallet truck market?
Load Capacity < 1 Ton1 Ton ≤ Load Capacity < 3 Tons3 Tons ≤ Load Capacity < 5 Tons5 Tons ≤ Load Capacity
What are the major segments by navigation method in the automated pallet truck market?
Laser NavigationInertial NavigationVision NavigationMagnetic Stripe Navigation
What are the major segments by level of automation in the automated pallet truck market?
Semi-automatic AssistedFully Automatic Unmanned
What are the main applications of the automated pallet truck market?
Warehousing and LogisticsAutomotive Electronics ManufacturingFood and Beverage
Who are the Key Players in the automated pallet truck market?
SwisslogSeegridToyotaCasunMobile Industrial Robots (MiR)Meidensha CorporationMitsubishi Corporation (MC)Big Joe ForkliftsLINAKRoboCVVecna RoboticsSuzhou Dolphin Star Intelligent TechnologyWuxi Dalong Electric MachineryZhejiang Etouch TechnologyEP Equipment
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Which region dominates the automated pallet truck market?
North America shows steady adoption across warehousing, retail distribution, food logistics, and advanced manufacturing due to labor constraints and mature automation planning. Asia-Pacific is supported by expanding manufacturing capacity, dense logistics networks, and rising warehouse modernization across China, Japan, South Korea, India, and Southeast Asia.
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What are some related markets to the automated pallet truck market?
Rider Pallet Truck Market was valued at USD 2711 Million in the year 2024 and is projected to reach a revised size of USD 3546 Million by 2031, growing at a CAGR of 4.2% during the forecast period.Stand-Up Rider Pallet Truck Market was valued at USD 3145 Million in the year 2024 and is projected to reach a revised size of USD 4259 Million by 2031, growing at a CAGR of 4.8% during the forecast period.Smart Pallet Truck Market Research ReportFour-way Pallet Truck Market was valued at USD 3331 Million in the year 2024 and is projected to reach a revised size of USD 5524 Million by 2031, growing at a CAGR of 7.6% during the forecast period.Low-Level Order Picker Pallet Truck market was valued at USD 2814 Million in the year 2024 and is projected to reach a revised size of USD 3860 Million by 2031, growing at a CAGR of 5.1% during the forecast period.Unmanned Pallet Truck Market was valued at USD 1217 Million in the year 2024 and is projected to reach a revised size of USD 3101 Million by 2031, growing at a CAGR of 14.2% during the forecast period.Automated Guided Pallet Truck Market was valued at USD 1217 Million in the year 2024 and is projected to reach a revised size of USD 3101 Million by 2031, growing at a CAGR of 14.2% during the forecast period.Electric Pedestrian Pallet Truck Market was valued at USD 521 Million in the year 2024 and is projected to reach a revised size of USD 908 Million by 2031, growing at a CAGR of 8.4% during the forecast period.Pedestrian Pallet Truck Market Research ReportHydraulic Hand Pallet Truck Market Research ReportMulti Function Hand Pallet Truck Market Research Report
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SMArtX Advisory Solutions Releases Q2 2026 Select List
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WEST PALM BEACH, Fla., June 8, 2026 /PRNewswire/ — SMArtX Advisory Solutions, a leader in managed account technology, today announced the release of its Q2 2026 Select List. This quarter’s list reflects an analysis of strategies that have shown exceptional ability to navigate a diverse market environment.
The SMArtX Select List is the product of a proprietary quantitatively driven screening process designed to identify strategies that have the highest probability of generating excess return over an assigned benchmark per unit of downside risk. The Select List employs four quantitative metrics to assess strategies, including Excess Return, Risk/Return Asymmetry, Active Tail Risk, and Return Consistency.
“Advisors and their clients need an unbiased framework to review and identify investment products that are likely to increase the chances of capturing strong risk adjusted returns into the future. The select list is designed to be that solution.” Pascal Roduit, Chief Investment Strategist.
Q2 2026 Select List Highlights
The Q2 2026 Select List features 49 strategies earning Gold status and 60 strategies receiving Silver status across 33 categories. This curated list of 109 strategies this quarter acts as a vital tool for advisors, simplifying the selection process from the expansive universe of over 2,500 strategies offered on the SMArtX platform.
The complete Q2 2026 Select List is now available and can be accessed here. Download Select List
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SMArtX Advisory Solutions delivers award-winning UMA technology through an API-first, cloud-native platform with modular, microservices architecture. Serving RIAs, asset managers, custodians, and FinTech firms, SMArtX automates trading, billing, and investment distribution. Available as standalone or integrated solutions, our scalable technology optimizes operations, drives growth, and modernizes managed accounts infrastructure.
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Technology
Meir Ben-Shabbat Joins American Global Strategies as a Senior Advisor
Published
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WASHINGTON, June 8, 2026 /PRNewswire/ — Today, American Global Strategies LLC announced that Meir Ben-Shabbat, former National Security Advisor and Head of the National Security Council of Israel, has joined the firm as a Senior Advisor.
Mr. Ben-Shabbat brings decades of national security, intelligence, counterterrorism, cyber, and regional policy experience to AGS. He will advise clients on Middle East strategy, Israel-related security and policy issues, counterterrorism, intelligence-related risk, and the strategic implications of regional diplomatic and security developments.
Mr. Ben-Shabbat served as Israel’s National Security Advisor and Head of the National Security Council from 2017 to 2021. In that role, he played a key part in the Abraham Accords, the U.S.-brokered normalization agreements between Israel and several Arab states, and served as a senior adviser to the Prime Minister and Government of Israel on national security matters.
Prior to his service as National Security Advisor, Mr. Ben-Shabbat served for 30 years in the Israel Security Agency, also known as the Shin Bet. During his career, he held senior leadership roles across the agency, including heading its Counter-Terrorism, Research, and Policy Division, its SIGINT and Cyber Division, and its Southern Command, where he was responsible for the Gaza Strip and Southern Israel sector.
Mr. Ben-Shabbat currently serves as Head of the Misgav Institute for National Security in Israel. He previously served as a director at RAFAEL Advanced Defense Systems and on the advisory board of the SIBF venture capital fund. He also serves on advisory boards for public bodies in Israel focused on management and leadership.
“Meir Ben-Shabbat is one of Israel’s most respected national security professionals, with deep experience across intelligence, counterterrorism, cyber, and regional diplomacy,” said Ambassador Robert C. O’Brien, AGS Chairman. “His leadership during the Abraham Accords process, combined with his decades of service in Israel’s security establishment, will add important perspective for AGS clients on the Middle East, U.S.-Israel relations, and the strategic challenges shaping today’s security environment.”
Said AGS CEO Alexander Gray, “AGS has brought together, under one roof, former national security advisors to three of the most consequential leaders of our time. President Donald J. Trump, the late Prime Minister Shinzo Abe, and Prime Minister Benjamin Netanyahu each relied on the counsel of Robert O’Brien, Shigeru Kitamura, and Meir Ben-Shabbat as they led their nations through critical periods. AGS can now make that rare combination of experience, judgment, and strategic insight available to the CEOs of the world’s leading companies.”
“I am proud to once again work alongside Ambassador O’Brien and this outstanding group of leaders, whose experience, creativity, and judgment span the full range of national security challenges,” said Meir Ben-Shabbat. “I believe this partnership can help address the challenges of today and tomorrow, and contribute to solutions that advance a safer and more prosperous world.”
Mr. Ben-Shabbat was awarded the U.S. Department of Defense Medal for Distinguished Public Service.
American Global Strategies LLC is a premier strategic advisory firm founded by former National Security Advisor Robert C. O’Brien and former National Security Council Chief of Staff Alexander B. Gray. The staff is composed of professionals who have served at the White House, State, Treasury, Commerce, USTR, the Pentagon, and on Capitol Hill. The firm’s primary office is in Washington, D.C.
Visit us at https://americanglobalstrategies.com/
For press inquiries, please reach out to AGSInfo@americanglobalstrategies.com
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VanEck Model Portfolios Now Available on Amplify Platform
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New partnership provides Amplify Platform advisors access to VanEck’s multi-asset model portfolios, strategies that combine active insights with diversified exposure across equities, fixed income, real assets and digital assets.
NEW YORK, June 8, 2026 /PRNewswire/ — VanEck today announced that a suite of its ETF model portfolios is now available through Amplify Platform, the AI-native growth platform purpose-built for financial advisors and enterprise firms building a signature experience. The partnership marks VanEck’s first model portfolio integration with the Amplify platform and more evidence of Amplify’s continuing commitment to deliver institutional-quality investment solutions to its advisor community.
The VanEck model portfolios now available through Amplify’s Product Marketplace include:
Real Assets Portfolio: A dynamic strategy that allocates across key inflation-fighting asset segments, including commodities, natural resource equities, gold, REITs, MLPs and infrastructure. The portfolio uses a rules-based, data-driven process to adjust exposures across real asset sectors, providing advisors a timely tool for positioning portfolios amid heightened geopolitical uncertainty and persistent inflationary pressures.
Wealth Builder Core Portfolios (Conservative, Moderate, and Aggressive): Core multi-asset allocation strategies providing exposure to equities and fixed income, with a strategic allocation to real assets. Offered across three risk profiles, the portfolios blend active and passive security selection within a systematic framework, with opportunistic rebalancing designed to maintain diversification and manage risk across market environments. The Core suite offers a streamlined solution for clients seeking broad exposure.
Wealth Builder Plus Portfolios (Conservative, Moderate, and Aggressive): Expanded core allocation strategies that build on the Core portfolios by incorporating digital assets alongside equities, fixed income and real assets. Also offered across three risk profiles, the Plus portfolios combine active and passive security selection within a systematic, opportunistically rebalanced framework. This suite is designed for clients seeking enhanced return potential and broader diversification through digital asset inclusion.
Select Opportunities Portfolio: An equity-focused, high-conviction strategy that draws on VanEck’s top investment ideas across asset classes, sectors, geographies and risk factors to pursue capital appreciation within a risk-managed framework.
These model portfolios have historically demonstrated competitive performance relative to their respective benchmarks since inception1, as detailed in the model fact sheets at VanEck’s Model Portfolios Center.
Built on an open-architecture framework that includes both VanEck and third-party ETFs, the portfolios are designed to deliver broad, diversified exposure while giving advisors flexibility to align allocations to varying client objectives and risk profiles. The models are managed by VanEck’s Multi-Asset Solutions (MAS) team, led by David Schassler, Head of Multi-Asset Solutions and Portfolio Manager, whose data-driven approach underpins the firm’s asset allocation strategies and model portfolio construction.
“We’re excited to bring access to our model portfolios to Amplify’s growing advisor platform,” said Kol Estreicher, Head of RIA Channel at VanEck. “These strategies go beyond traditional core allocations, equipping advisors with diversified exposures across real assets positioned for today’s geopolitical environment, thematic exposures like AI and nuclear energy, and digital assets, all within a framework that is designed to seek opportunities across market environments, not just manage downside risk.”
“This addition reflects what the Amplify Product Marketplace is built to do: give RIAs and wealth platforms streamlined access to differentiated, professionally managed strategies they can implement with confidence — outsourcing portfolio construction, trading, and rebalancing while keeping the client relationship at the center,” said Aaron Brodt, Amplify Co-Founder.2
For more information about VanEck’s model portfolios, visit vaneck.com/model-portfolios. Financial advisors interested in accessing VanEck models on Amplify can contact their VanEck or Amplify representative.
1 Please see VanEck’s model Portfolio Center for complete performance information. Past performance is no guarantee of future results. Benchmark comparisons are for illustrative purposes only. Not all portfolios outperformed their benchmarks in all periods. Individual results will vary.
2 Aaron Brodt is Co-Founder of Amplify Technology, LLC, which has entered into a distribution agreement with VanEck pursuant to which Amplify makes VanEck model portfolios available through its Product Marketplace. Due to this commercial relationship, Mr. Brodt and/or Amplify may have a financial interest in the promotion of VanEck’s model portfolios. This statement reflects Mr. Brodt’s views and not those of VanEck or its employees.
About VanEck
VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm’s drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry.
Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of April 30, 2026, VanEck managed approximately $224.7 billion in assets, including mutual funds, ETFs and institutional accounts. The firm’s capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck’s passive strategies.
Since our founding in 1955, putting our clients’ interests first, in all market environments, has been at the heart of the firm’s mission.
About Amplify
Amplify is the first enterprise growth platform built on an AI-native data lake. It was engineered to unify data, deliver actionable insights, and automate workflows. The platform combines a customizable chassis with experienced integration consultants and a hands-on support team to provide an integrated, scalable solution for RIAs, broker-dealers/OSJs, TAMPs, and multi-family offices. Amplify is a holistic platform that provides seamless digital capabilities for client onboarding, an institutional model marketplace, true UMA trading, client lifecycle tracking, integrated surveillance, billing, analytics, and reporting. Intuitive dashboarding for all firm stakeholders is driven through visibility funnels that provide clarity across daily business functions. Amplify’s cloud-based, multi-custodial framework makes it ideal for growth-minded wealth management enterprises. Amplify Technology, LLC delivers technology solutions to support wealth management firms and does not provide investment advisory services. Amplify is headquartered in Scottsdale, Arizona. To learn more, visit amplifyplatform.com.
General Disclosures
This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned are unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.
The models are not mutual funds or other types of securities and will not be registered with the Securities and Exchange Commission as investment companies under the Investment Company Act of 1940, as amended, and no units or shares of the models will be registered under the Securities Act of 1933, as amended, nor will they be registered with any state securities regulator. Accordingly, the models are not subject to compliance with the requirements of such acts.
All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future results.
Model Portfolio information is designed to be used by financial advisors solely as an educational resource, along with other potential resources advisors may consider, providing services to their end clients. VanEck’s Model Portfolios and related content are for information only and are not intended to provide, and should not be relied on for, tax, legal, accounting, investment or financial planning advice by VanEck, nor should any VanEck Model Portfolio information be considered or relied upon as investment advice or as a recommendation from VanEck, including regarding the use or suitability of any VanEck Model Portfolio, any particular security or any particular strategy. In providing VanEck Model Portfolio information, VanEck is not acting and has not agreed to act in an investment advisory, fiduciary or quasi-fiduciary capacity to any advisor or end client, and has no responsibility in connection therewith, and is not providing individualized investment advice to any advisor or end client, including based on or tailored to the circumstance of any advisor or end client. The Model Portfolio information is provided “as is,” without warranty of any kind, express or implied. VanEck is not responsible for determining the securities to be purchased, held and/or sold for any advisor or end client accounts, nor is VanEck responsible for determining the suitability or appropriateness of a Model Portfolio or any securities included therein for any third party, including end clients. Advisors are solely responsible for making investment recommendations and/or decisions with respect to an end client, and should consider the end client’s individual financial circumstances, investment time frame, risk tolerance level and investment goals in determining the appropriateness of a particular investment or strategy, without input from VanEck. VanEck does not have investment discretion and does not place trade orders for any end client accounts. Information and other marketing materials provided to you by VanEck concerning a Model Portfolio—including allocations, performance and other characteristics—may not be indicative of an end client’s actual experience from investing in one or more of the funds included in a Model Portfolio. Using an asset allocation strategy does not ensure a profit or protect against loss, and diversification does not eliminate the risk of experiencing investment losses. There is no assurance that investing in accordance with a Model Portfolio’s allocations will provide positive performance over any period. Any content or information included in or related to a VanEck Model Portfolio, including descriptions, allocations, data, fund details and disclosures are subject to change and may not be altered by an advisor or other third party in any way.
All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future results.
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Amplify Technology, LLC (“Amplify”) delivers an AI-native, enterprise-level platform that unifies data, automates workflows, and equips financial professionals with powerful business intelligence tools. Amplify is not an investment adviser and does not provide investment, legal, or tax advice. All illustrations, examples, and statements are for informational and educational purposes only and do not guarantee future outcomes or performance.
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