Material Handling Equipment Market size was valued at US$ 217.85 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 5.5% from 2023 to 2029, reaching nearly US$ 316.91 Bn.
Material Handling Equipment Market Report Overview
The Material Handling Equipment Market Research Report provides a comprehensive analysis of the current state of the Material Handling Equipment industry. The report covers the present market landscape, historical market performance, production and consumption rates, demand and supply ratios, and revenue projections.
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Material Handling Equipment Market Report Scope and Research Methodology
The Material Handling Equipment market has been analyzed at the global, regional, and country levels. The report provides a segment-wise and region-wise analysis of the Material Handling Equipment market dynamics, including drivers, restraints, challenges, and opportunities. This makes the report a valuable resource for investors. The Material Handling Equipment market size has been estimated using a bottom-up approach. Secondary research involved a review of annual and financial reports of leading manufacturers. Primary research involved interviews with key opinion leaders and Material Handling Equipment industry experts, such as skilled front-line personnel, entrepreneurs, and marketing professionals. SWOT analysis was used to identify the strengths, weaknesses, opportunities, and threats of the Material Handling Equipment key players in the industry.
Material Handling Equipment Market Regional Insights
The regional analysis in the report provides insights into the Material Handling Equipment market in different countries by examining factors such as political, geographic, and buying behavior. These factors can have a significant impact on the Material Handling Equipment market, and the report provides a detailed explanation of each factor. The report also includes information on the market size, growth rate, and import and export in all regions.
Material Handling Equipment Market Segmentation
Storage and handling equipment, automated storage and retrieval systems, industrial trucks, bulk material handling equipment, and others are the market segments based on the product. By 2029, the Industrial Trucks sector is anticipated to have the biggest market share. Due to their numerous industrial uses, these vehicles are a popular choice. In many end-use markets, industrial trucks are used to move enormous containers or boxes, which helps them gain a bigger market share. As logistical companies work to deploy sustainable products, the demand for battery-operated trucks will rise during the predicted period.
The market is divided into categories for automotive, food and beverage, chemical, semiconductor & electronics, e-commerce, aviation, pharmaceutical, and others based on the end use. Despite the tight restrictions, demand for distribution and transportation of commodities like food dramatically increased, supporting market expansion. The coronavirus effect won’t be a quick boost; instead, it will have a long-term impact on market demand, creating opportunities for manufacturers of material handling equipment.
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Material Handling Equipment Key Players
1. Daifuku
2. Kion Group AG
3. SSI Schaefer
4. Toyota Industries
5. Honeywell International
6. Hyster-Yale Material Handling
7. Hanwha
8. John Bean Technologies
9. Beumer
10.Murata Machinery
11.TGW Logistics
12.Mobile Industrial Robots
13.Invia Robotics
14.Avancon
15.Locus Robotics
16.Addverb Technologies
17.Meiden America
18.Automation Logistic
19.Invata Intralogistics
20.Westfalia Technologies
Key Questions answered in the Material Handling Equipment Market Report are:
- Which segment held the largest Material Handling Equipment market share in 2022?
- Which segment is expected to grow at a high CAGR during the forecast period?
- Who are the Material Handling Equipment key players in the industry?
- Which Material Handling Equipment market segment is expected to grow at a high rate during the forecast period?
- What is the expected Material Handling Equipment market size by 2029?
- What are the main factors driving the growth of the Material Handling Equipment market?
- Which region has the largest Material Handling Equipment market share?
- What is the expected CAGR of the Material Handling Equipment market during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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