The global market for material handling equipment is projected to have considerable CAGR of around 7.6% during the forecast period. The market growth mainly driven by the increasing demand for automated material handling equipment in various industries that include automotive, e-commerce, food & beverages, retail, pharmaceutical, and manufacturing industry. These sectors are adopting various automated and manual material handling equipment for optimizing space, improve accuracy, productivity and efficiency in the supply chain management. The material handling equipment is commonly used in warehouse applications to utilize large floor space and manage inventory flow. Moreover, growing demand of automated material handling system such as industrial robots and automated conveyors further provide significant growth opportunity to the material handling equipment market.
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The global material handling equipment market is segmented based on product type and industry. Based on the product type, the market is further classified into automated storage and retrieval system (ASRS), bulk material handling equipment, storage and handling equipment, and industrial trucks. On the basis of industry the market is further segregated into automotive, aerospace & defense, retail & e-commerce, chemical, food & beverages, healthcare, and others. Among industries , the retail & e-commerce segment is projected to grow significantly owing to the rising adoption for safe, efficient and fast handling of packaging in the e-commerce and retail industry.
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Market Segmentation
Global Material Handling Equipment Market by Product Type
• Automated Storage and Retrieval System (ASRS)
• Bulk Material Handling Equipment
• Storage and Handling Equipment
• Industrial Trucks
Global Material Handling Equipment Market by Industry
• Automotive
• Aerospace & Defense
• Retail & E-commerce
• Chemical
• Food & Beverages
• Healthcare
• Others(Electronics)
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• BEMUR Group
• Bastian Solutions, Inc.
• Crown Equipment Corp.
• Daifuku Co., Ltd.
• Eisenmann SE
• Hanel Storage Systems
• Honeywell International, Inc.
• Hyster-Yale Materials Handling, Inc.
• IHI Corp.
• JBT Corp.
• Jungheinrich AG
• Kion Group AG
• KUKA AG
• Liebherr-International Deutschland GmbH
• Mecalux, S.A.
• Murata Machinery, Ltd.
• SSI Schaefer AG
• Swisslog Holding AG
• Toyota Industries Corp.
• Vanderlande Industries BV


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