Latest published report by fortune business insights titled “Material Handling Equipment Market Research Report by 2024?. This report provides an in-depth analysis of the material handling equipment industry, providing information about its current state. It assesses and verifies critical market metrics such as CAGR, gross margin, revenue, pricing, production growth rate, volume, value, market share, and annual growth. This analysis, using both advanced primary and secondary research methods.

Material Handling Equipment Market Size, Share & 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

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Market Overview:

The global material handling equipment market size was valued at USD 216.6 billion in 2022. The market is projected to grow from USD 227.4 billion in 2023 to USD 342.0 billion by 2030, exhibiting a CAGR of 6.0% during the forecast period.

The purpose of this report is to provide market and strategic insights to help decision-makers make informed investment decisions and identify potential gaps and growth opportunities. The Material Handling Equipment Market report provides a thorough overview of marketing strategies, allowing leading players to make informed decisions. Report provides depth analysis of material handling equipment industry this analysis, using both advanced primary and secondary research methods, includes:

  • Company Profiles: Learn about major companies’ markets, production capacity, revenues, market shares, recent innovations, and gross profit margins.
  • Examine market dynamics: including drivers, constraints, opportunities, influencers, challenges, and trends.

Material Handling Equipment Market Key Players:

  • 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)

Material Handling Equipment Market Drivers:

  • Growth in E-commerce and Retail: The expansion of e-commerce and retail sectors drives the need for efficient material handling solutions to manage inventory and distribution.
  • Technological Advancements: Innovations in automation, robotics, and IoT enhance the functionality and efficiency of material handling equipment.
  • Increasing Demand for Efficiency and Productivity: The need to optimize warehouse operations and logistics drives the adoption of advanced material handling systems.
  • Expansion of Industrial and Manufacturing Sectors: Growth in industrial and manufacturing activities necessitates sophisticated material handling equipment for production and supply chain management.
  • Focus on Safety and Compliance: Rising regulations and safety standards in material handling operations drive the demand for equipment that ensures safe and compliant practices.

Reasons to Buy This Report:

This report provides a detailed analysis of the current market status, trends, growth segments, and competitive dynamics in the Material Handling Equipment Market. It enables businesses to identify opportunities for growth and development while also highlighting potential challenges and risks. By evaluating business segments and product portfolios, the report enables stakeholders to make more informed market strategies and investments.

A thorough understanding of the industry dynamics outlined in the report can significantly improve decision-making and facilitate the development of effective success strategies in the material handling equipment industry. Overall, this report is an excellent resource for those seeking in-depth information about this rapidly changing industry.

Regional Insights:

  • 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

Key Industry Developments

  • 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.
  • Crown equipment corporation, expnded its product portfolio with Internal combustion and Electric counterbalance forklifts that can offer a carrying capacity upto 5.5 tons.
  • 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.
  • 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
    • Material Handling Equipment 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…!

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