KEY FINDINGS
The global market for material handling equipment is projected to record a CAGR of 5.65% during the estimated period, 2020-2028. The increasing penetration of automation in all segments, the rising demand for technologically advanced equipment, and the growth in the developing economies, are the most important factors propelling the market growth.
MARKET INSIGHTS
Material handling encompasses the transportation of products in warehouses or manufacturing. There is an increasing preference for material handling equipment in sectors like agriculture, aerospace, automotive, etc., since it is a necessary aspect of the plant or warehouse maintenance. The most important factor driving market growth is the growing automation in several segments. Since the production, consumption, and distribution, are fully automated, the material handling equipment is increasingly becoming automated. The continuously changing consumer behavior, demographics, seasonal fluctuations, etc. in the e-commerce industry across the globe is resulting in the automation of warehouses. This smoothens the logistics operations, along with impacting profit margins, thereby resulting in increasing market growth opportunities for the material handling equipment.
The market is assessed to be competitive in nature due to the presence of several local and international players. The products and services offered by these players are both, manually operated and automated. Further, material handling equipment entails uninterrupted technical support and maintenance in order to function efficiently. It requires skilled technicians, and several market regions across the globe face a shortage of skilled labor. This phenomenon hinders the growth of the market.
REGIONAL INSIGHTS
The market regions taken into consideration for the further analysis of the global material handling equipment market include, Europe, Asia Pacific, North America, and the rest of the world. The Asia Pacific market region, with high growth potential, is estimated to be the fastest-growing market region during the forecasted period. As of 2019, the market region also encompasses the largest market share in terms of revenue. There is increasing automotive production in developing countries like India and China. The increasing installation of automated material handling equipment in many countries of the region drives its market growth. The growing number of warehouses opting for automation for growth prospects, due to the rising number of supermarkets and hypermarkets in the region further aids in market growth.
COMPETITIVE INSIGHTS
The increasing competition between the market players contributes to the increasing revenue of the market. Some of the renowned companies in the market include, Daifuku Co., Ltd., Cargotec Oyj, Columbus McKinnon Corporation (CMC), Beumer Group, Clark Material Handling Company (CMHC), Crown Equipment Corporation, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Global Material Handling Equipment Market Forecast 2020-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of The Market Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Forecast
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Market Drivers
3.2.1. Demand For Technologically Advanced Equipment
3.2.2. Increasing Automation In All Product Segments
3.2.3. Growth In Emerging Nations
3.3. Market Restraints
3.3.1. High Initial Cost Of Equipment
3.3.2. Lack Of Skilled Labor
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Model
4.2.1. New Entrants
4.2.2. Substitution
4.2.3. Suppliers Power
4.2.4. Buyers Power
4.2.5. Industrial Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Value Chain Analysis
5. Market By Product
5.1. Storage Handling Equipment
5.2. Industrial Trucks
5.2.1. Ic Engine-Powered Counterbalanced Trucks
5.2.2. Battery-Powered Counterbalanced Trucks
5.2.3. Warehousing Trucks
5.3. Automated Material Handling Equipment
5.3.1. Agvs
5.3.2. As/Rs
5.3.3. Conveyor Systems
5.3.3.1. Unit Handling Conveyor System
5.3.3.2. Bulk Material Handling Conveyor System
5.3.3.3. Parts, Attachments, And Accessories For Conveyor System
5.3.4. Pick Systems
5.3.5. Palletization
5.3.6. Sortation Systems
5.4. Overhead Material Handling Equipment
5.4.1. Hoists
5.4.2. Overhead Traveling Cranes And Moving System
5.5. Others
6. Market By Application
6.1. Automotive
6.2. Food & Beverage
6.3. Chemicals
6.4. Semiconductor & Electronic
6.5. E-Commerce
6.6. Aviation
6.7. Pharmaceutical
6.8. Others
7. Geographical Analysis
7.1. North America
7.1.1. United States
7.1.2. Canada
7.2. Europe
7.2.1. United Kingdom
7.2.2. Germany
7.2.3. France
7.2.4. Italy
7.2.5. Russia
7.2.6. Belgium
7.2.7. Poland
7.2.8. Rest Of Europe
7.3. Asia Pacific
7.3.1. China
7.3.2. Japan
7.3.3. India
7.3.4. South Korea
7.3.5. Thailand
7.3.6. Indonesia
7.3.7. Vietnam
7.3.8. Australia & New Zealand
7.3.9. Rest Of Asia Pacific
7.4. Rest Of World
7.4.1. Latin America
7.4.2. Middle East & Africa
8. Company Profiles
8.1. Beumer Group
8.2. Clark Material Handling Company (Cmhc)
8.3. Crown Equipment Corporation
8.4. Columbus Mckinnon Corporation (Cmc)
8.5. Cargotec Oyj
8.6. Daifuku Co., Ltd
8.7. Dematic Nv
8.8. Hanwha Corporation
8.9. Hyster-Yale Materials Handling Inc
8.10. Jungheinrich Ag
8.11. Kion Group Ag
8.12. Ssi Schaefer Systems International Dwc Llc
8.13. Toyota Industries Corporation
8.14. Vanderlande Industries Bv
8.15. Tgw Logistics Group
List of Tables
Table 1: Market Snapshot - Material Handling Equipment
Table 2: Global Material Handling Equipment Market, By Product, Historical Years, 2016-2019 (In $ Billion)
Table 3: Global Material Handling Equipment Market, By Product, Forecast Years, 2020-2028 (In $ Billion)
Table 4: Global Storage Handling Equipment Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 5: Global Storage Handling Equipment Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 6: Global Industrial Trucks Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 7: Global Industrial Trucks Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 8: Global Material Handling Equipment Market, By Industrial Trucks, Historical Years, 2016-2019 (In $ Billion)
Table 9: Global Material Handling Equipment Market, By Industrial Trucks, Forecast Years, 2020-2028 (In $ Billion)
Table 10: Global Ic Engine-Powered Counterbalanced Trucks Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 11: Global Ic Engine-Powered Counterbalanced Trucks Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 12: Global Battery-Powered Counterbalanced Trucks Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 13: Global Battery-Powered Counterbalanced Trucks Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 14: Global Warehousing Trucks Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 15: Global Warehousing Trucks Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 16: Global Automated Material Handling Equipment Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 17: Global Automated Material Handling Equipment Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 18: Global Material Handling Equipment Market, By Automated Material Handling Equipment, Historical Years, 2016-2019 (In $ Billion)
Table 19: Global Material Handling Equipment Market, By Automated Material Handling Equipment, Forecast Years, 2020-2028 (In $ Billion)
Table 20: Global Agvs Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 21: Global Agvs Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 22: Global As/Rs Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 23: Global As/Rs Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 24: Global Conveyor Systems Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 25: Global Conveyor Systems Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 26: Global Material Handling Equipment Market, By Conveyor Systems, Historical Years, 2016-2019 (In $ Billion)
Table 27: Global Material Handling Equipment Market, By Conveyor Systems, Forecast Years, 2020-2028 (In $ Billion)
Table 28: Global Unit Handling Conveyor System Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 29: Global Unit Handling Conveyor System Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 30: Global Bulk Material Handling Conveyor System Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 31: Global Bulk Material Handling Conveyor System Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 32: Global Parts, Attachments, And Accessories Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 33: Global Parts, Attachments, And Accessories Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 34: Global Pick Systems Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 35: Global Pick Systems Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 36: Global Palletization Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 37: Global Palletization Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 38: Global Sortation Systems Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 39: Global Sortation Systems Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 40: Global Overhead Material Handling Equipment Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 41: Global Overhead Material Handling Equipment Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 42: Global Material Handling Equipment Market, By Overhead Material Handling Equipment, Historical Years, 2016-2019 (In $ Billion)
Table 43: Global Material Handling Equipment Market, By Overhead Material Handling Equipment, Forecast Years, 2020-2028 (In $ Billion)
Table 44: Global Overhead Material Handling Equipment, By Hoists, Historical Years, 2016-2019 (In $ Billion)
Table 45: Global Overhead Material Handling Equipment, By Hoists, Forecast Years, 2020-2028 (In $ Billion)
Table 46: Global Overhead Material Handling Equipment, By Overhead Traveling Cranes And Moving System, Historical Years, 2016-2019 (In $ Billion)
Table 47: Global Overhead Material Handling Equipment, By Overhead Traveling Cranes And Moving System, Forecast Years, 2020-2028 (In $ Billion)
Table 48: Global Others Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 49: Global Others Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 50: Global Material Handling Equipment Market, By Application, Historical Years, 2016-2019 (In $ Billion)
Table 51: Global Material Handling Equipment Market, By Application, Forecast Years, 2020-2028 (In $ Billion)
Table 52: Global Automotive Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 53: Global Automotive Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 54: Global Food & Beverage Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 55: Global Food & Beverage Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 56: Global Chemicals Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 57: Global Chemicals Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 58: Global Semiconductor & Electronic Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 59: Global Semiconductor & Electronic Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 60: Global E-Commerce Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 61: Global E-Commerce Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 62: Global Aviation Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 63: Global Aviation Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 64: Global Pharmaceutical Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 65: Global Pharmaceutical Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 66: Global Others Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 67: Global Others Market, By Region, Forecast Years, 2020-2028 (In $ Billion)
Table 68: Global Material Handling Equipment Market, By Geography, Historical Years, 2016-2019 (In $ Billion)
Table 69: Global Material Handling Equipment Market, By Geography, Forecast Years, 2020-2028 (In $ Billion)
Table 70: North America Material Handling Equipment Market, By Country, Historical Years, 2016-2019 (In $ Billion)
Table 71: North America Material Handling Equipment Market, By Country, Forecast Years, 2020-2028 (In $ Billion)
Table 72: Europe Material Handling Equipment Market, By Country, Historical Years, 2016-2019 (In $ Billion)
Table 73: Europe Material Handling Equipment Market, By Country, Forecast Years, 2020-2028 (In $ Billion)
Table 74: Asia Pacific Material Handling Equipment Market, By Country, Historical Years, 2016-2019 (In $ Billion)
Table 75: Asia Pacific Material Handling Equipment Market, By Country, Forecast Years, 2020-2028 (In $ Billion)
Table 76: Rest Of World Material Handling Equipment Market, By Country, Historical Years, 2016-2019 (In $ Billion)
Table 77: Rest Of World Material Handling Equipment Market, By Country, Forecast Years, 2020-2028 (In $ Billion)
List of Figures
Figure 1: Key Investment Insights
Figure 2: Porter's Five Force Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Value Chain Analysis
Figure 6: Global Material Handling Equipment Market, Growth Potential, By Product Type (In 2019)
Figure 7: Global Material Handling Equipment Market, By Storage Handling Equipment, 2020-2028 (In $ Billion)
Figure 8: Global Material Handling Equipment Market, By Industrial Trucks, 2020-2028 (In $ Billion)
Figure 9: Global Material Handling Equipment Market, Growth Potential, By Industrial Trucks (In 2019)
Figure 10: Global Material Handling Equipment Market, By Ic Engine-Powered Counterbalanced Trucks, 2020-2028 (In $ Billion)
Figure 11: Global Material Handling Equipment Market, By Battery-Powered Counterbalanced Trucks, 2020-2028 (In $ Billion)
Figure 12: Global Material Handling Equipment Market, By Warehousing Trucks, 2020-2028 (In $ Billion)
Figure 13: Global Material Handling Equipment Market, By Automated Material Handling Equipment, 2020-2028 (In $ Billion)
Figure 14: Global Material Handling Equipment Market, Growth Potential, By Automated Material Handling Equipment (In 2019)
Figure 15: Global Automated Material Handling Equipment Market, By Agvs, 2020-2028 (In $ Billion)
Figure 16: Global Automated Material Handling Equipment Market, By As/Rs, 2020-2028 (In $ Billion)
Figure 17: Global Material Handling Equipment Market, By Conveyor Systems, 2020-2028 (In $ Billion)
Figure 18: Global Material Handling Equipment Market, Growth Potential, By Conveyor System (In 2019)
Figure 19: Global Material Handling Equipment Market, By Unit Handling Conveyor System, 2020-2028 (In $ Billion)
Figure 20: Global Material Handling Equipment Market, By Bulk Material Handling Conveyor System, 2020-2028 (In $ Billion)
Figure 21: Global Material Handling Equipment Market, By Parts, Attachments, And Accessories For Conveyor System, 2020-2028 (In $ Billion)
Figure 22: Global Material Handling Equipment Market, By Pick Systems, 2020-2028 (In $ Billion)
Figure 23: Global Material Handling Equipment Market, By Palletization, 2020-2028 (In $ Billion)
Figure 24: Global Material Handling Equipment Market, By Sortation Systems, 2020-2028 (In $ Billion)
Figure 25: Global Material Handling Equipment Market, By Overhead Material Handling Equipment, 2020-2028 (In $ Billion)
Figure 26: Global Overhead Material Handling Equipment Market, Growth Potential, By Product Type (In 2019)
Figure 27: Global Material Handling Equipment Market, By Hoists, 2020-2028 (In $ Billion)
Figure 28: Global Material Handling Equipment Market, By Overhead Traveling Cranes And Moving System, 2020-2028 (In $ Billion)
Figure 29: Global Material Handling Equipment Market, By Others, 2020-2028 (In $ Billion)
Figure 30: Global Material Handling Equipment Market, Growth Potential, By Application (In 2019)
Figure 31: Global Material Handling Equipment Market, By Automotive, 2020-2028 (In $ Billion)
Figure 32: Global Material Handling Equipment Market, By Food & Beverage, 2020-2028 (In $ Billion)
Figure 33: Global Material Handling Equipment Market, By Chemicals, 2020-2028 (In $ Billion)
Figure 34: Global Material Handling Equipment Market, By Semiconductor & Electronic, 2020-2028 (In $ Billion)
Figure 35: Global Material Handling Equipment Market, By E-Commerce, 2020-2028 (In $ Billion)
Figure 36: Global Material Handling Equipment Market, By Aviation, 2020-2028 (In $ Billion)
Figure 37: Global Material Handling Equipment Market, By Pharmaceutical, 2020-2028 (In $ Billion)
Figure 38: Global Material Handling Equipment Market, By Others, 2020-2028 (In $ Billion)
Figure 39: North America Material Handling Equipment Market, Regional Outlook, 2019 & 2028 (In %)
Figure 40: United States Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 41: Canada Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 42: Europe Material Handling Equipment Market, Regional Outlook, 2019 & 2028 (In %)
Figure 43: United Kingdom Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 44: Germany Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 45: France Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 46: Italy Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 47: Russia Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 48: Belgium Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 49: Poland Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 50: Rest Of Europe Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 51: Asia Pacific Material Handling Equipment Market, Regional Outlook, 2019 & 2028 (In %)
Figure 52: China Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 53: Japan Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 54: India Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 55: South Korea Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 56: Thailand Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 57: Indonesia Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 58: Vietnam Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 59: Australia & New Zealand Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 60: Rest Of Asia Pacific Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 61: Rest Of World Material Handling Equipment Market, Regional Outlook, 2019 & 2028 (In %)
Figure 62: Latin America Material Handling Equipment Market, 2020-2028 (In $ Billion)
Figure 63: Middle East & Africa Material Handling Equipment Market, 2020-2028 (In $ Billion)
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