Material Handling Equipment Market Share and Growth Insights

The “Material Handling Equipment Market Research Report Overview by 2024” market size is reached USD 216.6 billion by 2022 and it is projected to reach USD 342.0 billion by 2030 between the forecast period and expected Compound annual growth rate of 6% between the forcast period by (2022-2030).

Get a free sample pdf|https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/101501

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 Between, 2023-2030

Major Keyplayers of material handling equipment market:

Some of the key players operating in the global material handling equipment Industry are:

• 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)

Get quote|https://www.fortunebusinessinsights.com/enquiry/get-a-quote/101501

Key industry developments of material handling equipment market:

• 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.

Drivers and restraints of material handling equipment market:

• 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 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

Table of Contents:

• 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 Customization Report|https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/101501

About Us:

Fortune Business Insights is committed to providing clients around the world with a one-of-a-kind combination of qualitative and quantitative market research reports. We help both international and local businesses optimize their operations by providing comprehensive market insights and reliable forecasts. Our reports cover all critical aspects of the market, providing valuable insights and projections to clients worldwide.

Email|[email protected]

FAQ’s:

• What is the market size of material handling equipment market for 2024?
• Who are the leading key players identified in this report?
• What are the main drivers in the material handling equipment Industry ?
• What are the future projections for the material handling equipment Industry?