Fortune Business Insights is dedicated to providing a unique blend of qualitative and quantitative market research reports to clients worldwide. We support both global and local businesses by offering comprehensive market insights and reliable future trend forecasts. Our reports cover all critical market facets, delivering essential insights and projections to clients around the globe.
Press Release
Material Handling Equipment Market is expected to grow CAGR of 6% by 2030
Fortune Business Insights recently released “The Material Handling Equipment Market Report 2024,” offering in-depth market analysis and critical insights to help clients gain a competitive edge. This...
Fortune Business Insights recently released “The Material Handling Equipment Market Report 2024,” offering in-depth market analysis and critical insights to help clients gain a competitive edge. This comprehensive study delivers key findings for strategic advantage.
Material Handling Equipment Market Share, Size & COVID-19 Impact Analysis, By Equipment Type (Transport Equipment, Handling Equipment, Racking & Storage Equipment, and Others), By Industry (Consumer Goods & Electronics, Automotive, Food & Beverages, Pharmaceutical, Construction, Mining, Semiconductors, and Others), and Regional Forecast, 2023-2030
Request free sample report pdf| https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/101501
The market’s competitive landscape for material handling equipment market is evaluated by analyzing key industry players, their production capacities and utilization rates, material handling equipment marketM’s production chain, manufacturer pricing, and the revenue each manufacturer generates globally in the material handling equipment marketM sector.
Major companies of material handling equipment market:
- Daifuku Co., Ltd. (Japan)
- Liebherr Group (Switzerland)
- Schaefer System International Ltd. (Germany)
- Toyota Industries Corporation (Japan)
- Beumer Group (Germany)
- Jungheinrich AG (Germany)
- Godrej Group (India)
- Kion Group AG (Germany)
- Action Construction Equipment Ltd. (India)
- Hyster-Yale Materials Handling, Inc. (U.S.)
- Swisslog Holding AG (Germany)
- Crown Equipment Corporation (U.S.)
- Hyster-Yale Materials Handling, Inc. (U.S.)
- Mitsubishi Logisnext Co., Ltd. (Japan)
- KUKA AG (Germany)
Market atributes:
| Report Componant | Aspects |
| Forecast Period | 2022-2030 |
| Projected Market Value for 2022: | USD 216.6 billion |
| Forecasted Market Value for 2030: | USD 342.0 billion |
| Compound Annual Growth Rate (CAGR): | 6 |
Get a quote –https://www.fortunebusinessinsights.com/enquiry/get-a-quote/101501
Key Drivers and restraints:
- Driver: Increasing Industrial AutomationThe rise in industrial automation across sectors like manufacturing, logistics, and warehousing drives demand for advanced material handling equipment that improves efficiency, accuracy, and productivity.
- Driver: Growth in E-Commerce and LogisticsThe rapid expansion of e-commerce and logistics operations fuels the need for efficient material handling solutions to manage high volumes of goods, streamline inventory management, and optimize supply chain processes.
- Driver: Technological AdvancementsInnovations such as automation, robotics, and smart sensors enhance the functionality and efficiency of material handling equipment, driving market growth by offering improved performance and operational flexibility.
- Restraint: High Initial CostsThe substantial investment required for purchasing and implementing advanced material handling equipment can be a barrier for smaller companies and startups with limited budgets.
- Restraint: Maintenance and Training RequirementsMaterial handling equipment often requires regular maintenance and specialized operator training, which can lead to additional operational costs and complexity for businesses.
Regional atributes:
- North America (By Equipment Type, By Industry, By Country
- U.S. (By Industry)
- Canada (By Industry)
- Europe (By Equipment Type, By Industry, By Country)
- Germany (By Industry)
- Italy (By Industry)
- France (By Industry)
- Spain (By Industry)
- U.K. (By Industry)
- Rest of Europe
- Asia Pacific (By Equipment Type, By Industry, By Country)
- China (By Industry)
- Japan (By Industry)
- India (By Industry)
- Southeast Asia (By Industry)
- Rest of Asia Pacific
- Middle East & Africa (By Equipment Type, By Industry, By Country)
- GCC (By Industry)
- South Africa (By Industry)
- Rest of Middle East and Africa
- Latin America (By Equipment Type, By Industry, By Country)
- Brazil (By Industry)
- Mexico (By Industry)
- Rest of Latin America
Industry developments:
- April 2023 – Crown equipment corporation, a global manufacturer and supplier of material handling equipment has launched its newly developed SP1500 high level order pickers with pioneering features such as ergonomically developed operator compartment with customizable controls for quicker and safer order picking.
- March 2023 – KION Group, a leader in the material handling equipment sector has made a strategic alliance with the Li-Cycle, an lithium ion resource leader to strengthen their battery recycling and sustainability offerings position in the industry.
- January 2023 – Crown equipment corporation, expnded its product portfolio with Internal combustion and Electric counterbalance forklifts that can offer a carrying capacity upto 5.5 tons.
- September 2022 – Toyota Industries Corporation’s division Toyota Material Handling Japan (TMHJ) has developed an autonomous AI lift trucks that locates, position trucks, loads and generates an automated routes for loading operations.
- August 2022 – SSI Schaefer, a leader in intralogistic sector has launched its SSI Mobile robots and shelving systems improving intralogistic operations and speed up logistic processes and reduce cost offering partial automation option to intralogistic sector.
Table of Content :
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Key Industry Developments – Merger, Acquisitions, and Partnerships
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Value Chain Analysis
TOC Continued…!
Ask for customizatin|https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/101501
About Us:
Email|[email protected]
FAQ’s:
- What is the market size of material handling equipment market for 2024?
- Who are the leading key players featured in this report?
- What are the drivers for material handling equipment industry?
- What are the future projections for material handling equipment industry?
Information contained on this page is provided by an independent third-party content provider. XPRMedia and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]
