According to the industry experts, The material handling equipment market size is projected to reach around US$ 46.38 billion by 2030 from USD 27 billion in 2021 growing at a CAGR of 7.5% from 2021 to 2030. The report contains 150+ pages with detailed analysis.
The base year for the study has been considered 2021, the historic year 2019 and 2020, the forecast period considered is from 2021 to 2030. The material handling equipment market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).
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.
Crucial Factors of Material Handling Equipment
- Rapid growth of ecommerce industry fosters the market growth.
- Development of public infrastructure accelerates the market growth.
- Favorable Government initiatives create huge growth opportunities.
Download the Sample Pages of this Report for Better Understanding (Including TOC, List of Tables & Figures, and Chart) @ https://www.precedenceresearch.com/sample/1362
Material Handling Equipment Report Highlights
- The industrial trucks Product segment is expected to lead the market contributing more than 30.5% of the revenue share in the upcoming years.
- The e-commerce end use segment of the Material Handling Equipment Market is estimated to lead the market with a market share of more than 23.4% in 2020.
- By Geography, Europeholds a significant share accounting for more than 34.5% in 2020 in the Material Handling Equipment Marketin terms of revenue share because of the adoption of advanced products to support large-scale industrial presence in the region.
Report Attribute of the Material Handling Equipment Market
| Report Coverage | 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 |
Material Handling Equipment Market Scope
This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, the Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes the market by key players and various segment. This report also studies global market prominence, competitive landscape, market share, growth rates market dynamics such as drivers, restraints and opportunities, and distributors and sales channels.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Regional Snapshots
Europe is expected to grow remarkable during the forecast period and is anticipated to contribute more than 34.5% of the market share owing to the adoption of advanced products to support large-scale industrial presence in the region. For instance, On 29th September 2021, Yari, an Inclusive cosmetics distributor announced that it is implementing the Easy WMS warehouse management system from Mecalux in its facility in BerkelenRodenrijs, Netherlands. This solution will help Yari to boost picking and control all its stock in real time.
Material Handling Equipment Market Dynamics
Driver
The significant growth of the ecommerce sector is expected to drive the market growth. Furthermore, during the COVID-19 pandemic in order to follow the social distancing norms, lockdowns, and other measures consumers opted for online shopping and this attribute fueled the growth of Material Handling Equipment Market. For instance, On 19th July 2021, Swisslog Holding AG announced that it is maximizing the Synergies of Co-locating a Micro-fulfillment centers within the Retail Environment.
Restraint
The major restraining factor that will negatively impact the growth of the Material Handling Equipment Market includes the high upfront cost involved in the installation of Material Handling Equipment.
Opportunity
As there is huge growth in the ecommerce sector, the ecommerce companies find it difficult in processing complex orders for customized and personalized products through manual process. Therefore, the ecommerce company’s desire for installing Material Handling Equipment for handling the complex orders and this factor will generate huge growth opportunities that will drive the growth of Material Handling Equipment Market.
Read Also: Aluminum Extrusion Market Size to Reach US$ 126.85 Billion By 2030
Recent Developments
- On 20th August 2021, The BEUMER Group has announced plans to expand in the United States. In Denver, Colorado, it will open a new office. The new facility in Denver is ideally positioned to make it easy to contact all consumers. This new facility will primarily manage projects in the mining and airport industries.
- On 11th February 2021, Murata Machinery Ltd. has announced the introduction of warehouse automation solutions such as transport: automated guided vehicles (AGVS), storage: automated storage and retrieval systems (AS/RS) and picking: automated sorting & sequencing.
- On 23rd July 2021, BEUMER Group report that it will present efficient system solutions with overland conveyors, Pipe Conveyors and ship loaders at MINExpo 2021, the international tradeshow platform for the mining industry.
- On 15th July 2021, Swisslog, a global pioneer in robotic and data-driven intralogistics solutions, has announced a partnership with Temasek Polytechnic (TP) to establish the Intralogistics Automation System (IAS) at TP’s Advanced Manufacturing Centre (TP AMC). Through interactions with Swisslog Smart Intralogistics technology, this cooperation aims to improve student learning and upskill adult learners.
Key Players/Manufacturers
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the material handling equipment market and ranks noticeable companies as per their occurrence in diverse regions across the globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the global material handling equipment market include:
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.
Market Segments Covered
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
Research Objective
- To provide a comprehensive analysis of the material handling equipment industry and its sub-segments in the global market, thereby providing a detailed structure of the industry
- To provide detailed insights into factors driving and restraining the growth of this global market
- To provide a distribution chain analysis/value chain for the this market
- To estimate the market size of the global material handling equipment market where 2019 would be the historical period, 2020 shall be the base year, and 2020 to 2027 will be the forecast period for the study
- To provide strategic profiling of key companies (manufacturers and distributors) present across the globe, and comprehensively analyze their competitiveness/competitive landscape in this market
- To analyze the global market in four main geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World
- To provide country-wise market value analysis for various segments of the material handling equipment
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Material Handling Equipment Market
5.1. COVID-19 Landscape: Material Handling Equipment Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Material Handling Equipment Market, By Product
8.1. Material Handling Equipment Market, by Product Type, 2021-2030
8.1.1. Storage and Handling Equipment
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Automated Storage and Retrieval System
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Industrial Trucks
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Bulk Material Handling Equipment
8.1.4.1. Market Revenue and Forecast (2019-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Material Handling Equipment Market, By End Use
9.1. Material Handling Equipment Market, by End Use, 2021-2030
9.1.1. Automotive
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Food & Beverages
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Chemical
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Semiconductor & Electronics
9.1.4.1. Market Revenue and Forecast (2019-2030)
9.1.5. E-commerce
9.1.5.1. Market Revenue and Forecast (2019-2030)
9.1.6. Aviation
9.1.6.1. Market Revenue and Forecast (2019-2030)
9.1.7. Pharmaceutical
9.1.7.1. Market Revenue and Forecast (2019-2030)
9.1.8. Others
9.1.8.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Material Handling Equipment Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.2. Market Revenue and Forecast, by End Use (2019-2030)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.3.2. Market Revenue and Forecast, by End Use (2019-2030)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.4.2. Market Revenue and Forecast, by End Use (2019-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.2. Market Revenue and Forecast, by End Use (2019-2030)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.3.2. Market Revenue and Forecast, by End Use (2019-2030)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.4.2. Market Revenue and Forecast, by End Use (2019-2030)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.5.2. Market Revenue and Forecast, by End Use (2019-2030)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.6.2. Market Revenue and Forecast, by End Use (2019-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.2. Market Revenue and Forecast, by End Use (2019-2030)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.3.2. Market Revenue and Forecast, by End Use (2019-2030)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.4.2. Market Revenue and Forecast, by End Use (2019-2030)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.5.2. Market Revenue and Forecast, by End Use (2019-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.6.2. Market Revenue and Forecast, by End Use (2019-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.2. Market Revenue and Forecast, by End Use (2019-2030)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.3.2. Market Revenue and Forecast, by End Use (2019-2030)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.4.2. Market Revenue and Forecast, by End Use (2019-2030)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.5.2. Market Revenue and Forecast, by End Use (2019-2030)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.6.2. Market Revenue and Forecast, by End Use (2019-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.2. Market Revenue and Forecast, by End Use (2019-2030)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.3.2. Market Revenue and Forecast, by End Use (2019-2030)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.4.2. Market Revenue and Forecast, by End Use (2019-2030)
Chapter 11. Company Profiles
11.1. BEUMER Group
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Daifuku Co., Ltd.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Honeywell International Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Kion Group AG
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Mecalux, S.A
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Murata Machinery Ltd.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. SSI Schaefer AG
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Swisslog Holding AG
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Toyota Material Handling Group
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Vanderlande Industries B.V.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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.
Why Buy this Report?
The purpose of Precedence Research’s material handling equipment market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.
Buy Full Research Report (Single User License US$ 4500) @ https://www.precedenceresearch.com/checkout/1362
Contact Us:
Mr. Alex
Sales Manager
Call: +1 9197 992 333
Email: sales@precedenceresearch.com
Web: https://www.precedenceresearch.com