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The global material handling equipment market size attained a value of around USD 30.5 billion in 2020. The market is further anticipated to grow at a CAGR 7.2% over the forecast period of 2021-2026.
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In the manufacturing sector, material handling is a vital intermediary. As it does not contribute directly to the manufacture of products, it results in the effectiveness in the handling, management, storage, and transport of products. This equipment complements the manufacturing activity by ensuring that products circulate quickly, smoothly, and efficiently. An increase in industrial and infrastructural operations is expected to bode well for material handling equipment market growth in order to meet the demand from the ever-growing population, thus, aiding in the growth of the global material handling equipment industry.
Material handling equipment (MHE) is a mechanical equipment, which is used throughout the production process in warehouses for managing movement, storage, transportation, and control and protection of goods and materials. The equipment allows for cost-effective and efficient method for the easy transition of goods across the manufacturing plants.
The global material handling equipment market can be divided based on segments like product, system type, industry, and function. The material handling equipment industry can be divided on the basis of its product types into storage and handling equipment, automated storage and retrieval system, industrial trucks, and bulk material handling equipment. The industry can be categorised on the basis of its system type as unit load material handling systems and bulk load material handling systems.
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The industry can be broadly categorised on the basis of its industry into:
The industry can be categorised based on its function as assembly, packaging, transportation, distribution, storage, and waste handling.
The EMR report looks into the regional material handling equipment markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The global material handling equipment market is being driven by the rising demand for incorporation of automation and modernisation into manufacturing procedures to make the manufacturing process simpler and cost-effective. The other factors contributing to the industry growth are the development of the aviation and e-commerce sectors, and the demand for supply chain transparency and flexibility in warehouse activities, and the rising demand for enhanced storage and transportation of goods in warehouses. By improving logistics in warehouses and manufacturing plants, it guarantees increased productivity. These products give a cost-effective, process-efficient, and precise technique for the rapid transfer of goods across production plants and warehouses, leading to its enhanced demand and, thus, aiding the industry growth. The rising material handling equipment in emerging markets like India is expected to also propel the overall industry growth globally. Manufacturing and other sectors are constantly attracting enormous quantities of foreign capital, thereby increasing the operations of manufacturing. Governments around the globe are growing their infrastructure growth to construct and upgrade new airports, rail networks, seaports, and power plants. It ensures improved productivity by enhancing logistics at warehouses and manufacturing plants.
The report presents a detailed analysis of the following leading material handling equipment companies, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global Material Handling Equipment Market Analysis
4.1 Global Material Handling Equipment Historical Market (2016-2020) & Forecast (2021-2026)
4.2 Global Material Handling Equipment Market Breakup by Product
4.2.1 Storage and Handling Equipment
4.2.2 Automated Storage and Retrieval System
4.2.3 Industrial Trucks
4.2.4 Bulk Material Handling Equipment
4.3 Global Material Handling Equipment Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
4.3.1 Storage and Handling Equipment
4.3.2 Automated Storage and Retrieval System
4.3.3 Industrial Trucks
4.3.4 Bulk Material Handling Equipment
4.4 Global Material Handling Equipment Market Breakup by System Type
4.4.1 Unit Load Material Handling Systems
4.4.2 Bulk Load Material Handling Systems
4.5 Global Material Handling Equipment Market Breakup by System Type: Historical Market (2016-2020) & Forecast (2021-2026)
4.5.1 Unit Load Material Handling Systems
4.5.2 Bulk Load Material Handling Systems
4.6 Global Material Handling Equipment Market Breakup by Function
4.6.6 Waste Handling
4.7 Global Material Handling Equipment Market Breakup by Function: Historical Market (2016-2020) & Forecast (2021-2026)
4.7.6 Waste Handling
4.8 Global Material Handling Equipment Market Breakup by Industry
4.8.2 Metal & Heavy Machinery
4.8.3 Food & Beverages
4.8.5 Semiconductors & Electronics
4.9 Global Material Handling Equipment Market Breakup by Industry: Historical Market (2016-2020) & Forecast (2021-2026)
4.9.2 Metal & Heavy Machinery
4.9.3 Food & Beverages
4.9.5 Semiconductors & Electronics
4.10 Global Material Handling Equipment Market Breakup by Region
4.10.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
4.10.3 Asia Pacific
4.10.4 Latin America
4.10.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
4.11 Global Material Handling Equipment Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
4.11.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
4.11.3 Asia Pacific
4.11.4 Latin America
4.11.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
5 SWOT Analysis
6 Porter’s Five Forces Analysis
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
7 Competitive Landscape & Supplier Analysis
7.1 Daifuku Co., Ltd.
7.2 Jungheinrich AG
7.3 BEUMER Group
7.4 Kion Group AG
7.5 Mecalux, S.A.
7.6 Toyota Industries Corporation
7.7 Hyster-Yale Materials Handling, Inc.
7.8 JBT Corporation
7.9 KUKU AG
8 Industry Events and Developments
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