The global material handling equipment market is valued approximately at US$ 27 billion in 2021 and is expected to reach over USD 46.38 billion by 2030. It is anticipated to grow with a healthy growth rate of 7.5% from 2021 to 2030.
The material handling equipment market report provides a detailed analysis of global industry size, share analysis, market segmentation growth, competitive landscape, sales analysis, covid-19 impact on market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
The material handling equipment is mechanical automated equipment used for storage, controlling, and managing of materials and goods. It is used in the industry for handling the operations such as manufacturing, shipping, packaging and distributing, based on these operations they are categorized as positioning equipment, unit load formation equipment, transport equipment and storage equipment. For arranging the goods and materials, sortation conveyor system is one of the best equipment used in the sector. Shipping is the primary application in the material handling equipment market.
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Crucial factors accountable for market growth are:
- Rapid growth of ecommerce industry fosters the market growth.
- Development of public infrastructure accelerates the market growth.
- Favorable Government initiatives create huge growth opportunities.
Report Scope of the Material Handling Equipment Market
| Report Highlights | Details |
| Market Size | USD 46.38 Billion by 2030 |
| Growth Rate | CAGR of 7.5% from 2021 to 2030 |
| Largest Market | Europe |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, End User, Region |
Market Players
The reports cover key developments in this market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the material handling equipment market are anticipated to have lucrative growth opportunities in the future with the rising demand in this global market.
The report also includes the profiles of key material handling equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this report are:
BEUMER Group; Daifuku Co., Ltd.; Honeywell International Inc.; Kion Group AG; Mecalux, S.A; Murata Machinery Ltd.; SSI Schaefer AG; Swisslog Holding AG; Toyota Material Handling Group; and Vanderlande Industries B.V.
Segments Covered in the Report
By Product
- Storage and Handling Equipment
- Automated Storage and Retrieval System
- Industrial Trucks
- Bulk Material Handling Equipment
- Others
By End Use
- Automotive
- Food & Beverages
- Chemical
- Semiconductor & Electronics
- E-commerce
- Aviation
- Pharmaceutical
- Others
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Why should you invest in this report?
If you are aiming to enter the global material handling equipment market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for material handling equipment are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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