The global Material Handling Equipment Market By 2024 is expected to witness significant growth, with its market size projected to increase from USD 216.6 billion in 2022 to 2030 by USD 342.0 billion. This reflects a compound annual growth rate (CAGR) of 6% over the forecast period. This report highlights industry growth trends, key drivers such as cost-effective solutions and sustainable practices, and emerging opportunities across residential, commercial, and industrial sectors.

The Material Handling Equipment Market comprises key manufacturers such as 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) Expansions, collaborations, and deals were some of the major strategies adopted by these key players to enhance their positions in the Material Handling Equipment Market.

Market Scope:

Featuring in-depth analysis and forward-looking projections, this report is an essential resource for stakeholders aiming to leverage emerging opportunities and address challenges in the Material Handling Equipment Market. Key recent industry developments include;

  • 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.

Material Handling Equipment Market Highlights:

The report provides valuable insights into the Compound Annual Growth Rate (CAGR) of the Material Handling Equipment Market, projecting its growth from 2022 to 2030. It offers a comprehensive analysis of the key drivers fueling market expansion, highlighting the factors that will propel growth during the forecast period. Additionally, the report delivers precise estimates of the market size and share, helping stakeholders understand the Material Handling Equipment Market’s position in the broader industry.

Future trends and consumer behavior forecasts are also covered, offering a forward-looking perspective on market shifts. The report includes a regional growth analysis, breaking down the performance of the Material Handling Equipment Market across;

  • 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

Segmentation of this market:

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

Explore a comprehensive Table of Contents, featuring detailed charts, tables, and figures, spread across 120+ pages. This report offers exclusive data, key statistics, industry trends, and insights into the competitive landscape within this niche sector.

Table of Contents:

  • Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Drivers
    • Restraints
    • Opportunities
  • Key Insights
  • Industry Developments – Mergers, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Advancements
  • Value Chain Analysis

TOC Continued…!

Drivers & Restrains:

  • Drivers:
    • Growing demand for automation and efficiency in logistics and warehousing operations to enhance productivity.
    • Increasing investment in infrastructure development and manufacturing activities across various industries.
  • Restraints:
    • High initial costs associated with purchasing and implementing advanced material handling equipment.
    • Challenges related to skilled labor shortages and the need for training in operating sophisticated equipment.

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