Global Market Monitor recently published a market research report on Material Handling Equipment, which studied Material Handling Equipment industry outlook, competitive situation, regional market analysis, type & application segment analysis, and market trend forecast by 2026.
The global material handling equipment market is expected to reach $28.5 billion by 2025. Europe accounts for the largest market share, accounting for over 30.0%, due to huge investments by governments to adopt innovative solutions, and increasing adoption of automation by multiple players. For example, Toyota Motor Industries has introduced two new automated shuttle solutions in the European market, called Toyota Automated Shuttle and Toyota Wireless Shuttle. These shuttles are pallet transporters that are suitable for moving heavy loads and do not cause damage to the goods. Also, North America is expected to witness significant growth due to the growing demand for automated material handling equipment. Rising awareness among employees regarding the safety, accuracy, and effectiveness of bulk material management, coupled with space utilization and the emergence of integrated Industry 4.0 with IoT is expected to positively impact the regional growth.
Material handling equipment is mainly in docks, yards, mines and commercial warehouses and other places for material handling, transportation, lifting, stacking and storage of mechanical equipment. It generally includes cranes, conveyors, loading and unloading machinery, handling vehicles, and storage equipment.
Material handling equipment is used in warehouses to manage the storage and transportation of goods and products. It ensures increased productivity by enhancing logistics in warehouses and manufacturing plants. They are cost-effective, process-efficient, and accurate methods for quickly moving goods between manufacturing plants and warehouses. Incorporation of automation and modernization into manufacturing processes, expansion of the aviation and e-commerce industries, and growing demand for supply chain transparency and flexibility in warehouse operations are some of the factors driving growth.
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Key global participants in the Material Handling Equipment market include:
Hyster-Yale Materials Handling
Food & Beverage
Material Handling Equipment Type
Storage & Handling Equipment
Bulk Material Handling Equipment
Automated Storage & Retrieval System (AS/RS)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Material Handling Equipment Market
2 Market Trends and Competitive Landscape
3 Segmentation of Material Handling Equipment Market by Types
4 Segmentation of Material Handling Equipment Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Material Handling Equipment Market in Major Countries
7 North America Material Handling Equipment Landscape Analysis
8 Europe Material Handling Equipment Landscape Analysis
9 Asia Pacific Material Handling Equipment Landscape Analysis
10 Latin America, Middle East & Africa Material Handling Equipment Landscape Analysis
11 Major Players Profile
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By region – North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
Report Key Audience
Material Handling Equipment manufacturers
Downstream vendors and end-users
Traders, distributors, and resellers of Material Handling Equipment
Material Handling Equipment industry associations and research organizations
Product managers, Material Handling Equipment industry administrator, C-level executives of the industries
Market Research and consulting firms
Detailed overview of market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprints
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