Global Material Handling Equipment Markets Report 2023: Market to Reach $193 Billion by 2030 - 3PL, E-Commerce and F&B Manufacturing & Retail Driving Growth


Dublin, March 13, 2023 (GLOBE NEWSWIRE) -- The "Material Handling Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Material Handling Equipment Market to Reach $193 Billion by 2030

The global market for Material Handling Equipment estimated at US$127.7 Billion in the year 2022, is projected to reach a revised size of US$193 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030.

Conveyor Systems, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$79.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Forklifts segment is readjusted to a revised 5.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $33.3 Billion, While China is Forecast to Grow at 7.1% CAGR

The Material Handling Equipment market in the U.S. is estimated at US$33.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$36.1 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$24.8 Billion by the year 2030.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages1327
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$127.7 Billion
Forecasted Market Value (USD) by 2030$193 Billion
Compound Annual Growth Rate5.3%
Regions CoveredGlobal

Key Topics Covered:

MARKET OVERVIEW

  • Industrial Activity to Remain Subdued in the Immediate Term
  • Impact of COVID-19 Pandemic on Material Handling Equipment Market
  • Prominent Trends with Potential to Influence Material Handling Space in 2021 & Beyond
  • Material Handling Equipment: A Review
  • Classification of Material Handling Equipment
  • Conveyor Systems
  • Industrial Trucks and Forklifts
  • Hoists and Cranes
  • Automated Storage and Retrieval System (AS/RS)
  • Other Segments
  • Major Application Segments
  • Third-party Logistics
  • E-Commerce & General Merchandise
  • F&B Manufacturing & Retail
  • Consumer Durables
  • Other Applications
  • End-Use Markets: Brief Overview
  • Aerospace, Automobile and Shipping
  • Agriculture
  • Building and Construction
  • Electrical & Electronic Equipment
  • Industrial Machinery
  • Postal/Express Delivery
  • Warehousing
  • Industry Overview
  • Material Handling Equipment: An Integral Part of Supply Chain
  • Growth Drivers in Nutshell
  • Technology Trends to Watch-for in Material Handling Industry
  • Conveyor Systems and Forklifts: Key Segments
  • 3PL, E-Commerce and F&B Manufacturing & Retail: Three Major Application Markets Driving Growth
  • Impact of GDP Growth on MHE Market
  • Increasing Industrial & Infrastructural Activities
  • North America and Asia Command the Material Handling Equipment Market
  • Developing Countries to Set the Growth Pace
  • China Remains an Important Market
  • Demand for Automated MHE on Rise
  • Strong Focus on Worker Safety
  • Product innovations Hold Key to Success
  • Urbanization Ups the Need for Efficient Order Fulfilment Systems
  • Competitive Landscape
  • Vendors Adopt Acquisition Route to Offer Innovative Materials Handling Solutions
  • Recent Market Activity
  • Industry Witnesses a Change in Business Model
  • Companies Focus on New Strategies to Boost Innovations
  • Investment in Start-ups: Another Strategic Move
  • Lift Trucks Market: Leading Players
  • Global Industrial Lift Trucks Market (2019): Percentage Breakdown of Share by Company
  • Conveyers Market
  • Cranes
  • Select Players in the Global Crane Market
  • Select Global Brands
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

MARKET TRENDS & DRIVERS

  • Mega Trends Shaping Post-COVID-19 Journey of Material Handling Equipment Industry
  • Global Material Handling Equipment Market Heading towards Substantial Gains
  • Recent Developments in Material Handling Automation
  • Trend towards Industry 4.0 Redefines Material Handling Equipment Market
  • Major Industry 4.0 Technologies
  • The Internet of Things Gains Prominence
  • IIoT Applications in Material Handling Equipment
  • Cloud Computing: Powering e-commerce
  • Predictive Analytics: Simplify Decision Making
  • Big Data: Helps Identify the Best WM Practices
  • Mobility Devices Take Center Stage
  • Wearable Devices: Pilot Adoption Underway
  • 3D Printing to Transform the Supply Chain
  • Companies Improving Traceability and Enhancing Material Handling Efficiency
  • Integration of MHE with Warehouse Management Systems
  • Third Party Logistics (3PL): Expanding in Industrial Manufacturing, Retail and Wholesale Sectors
  • Technology Tools Seek Wider Role in 3PL Domain
  • Expanding Retail Industry Generates Significant Opportunities
  • e-Commerce Emerges as New Growth Driver
  • Uptrend in e-Commerce Impacts Automated Conveyor Systems
  • e-commerce Bringing Changes in Supply Chain Management
  • Food & Beverage Manufacturing & Retail: One of the Leading Application Markets
  • Growing Importance of Automation & Technology Drive MHE in F&B Industry
  • Material Handling Market Steps Up Focus on Sustainability
  • Aging Workforce Drives Demand for Automated and Ergonomic Systems
  • Focus Intensifies on Cost-Effective MH Solutions
  • Traditional Supply Chain Facing Stiff Competition from Omnichannel Commerce
  • Technological Advances to Propel the Industry
  • Driverless Vehicles and Drones: No Longer a Distant Reality
  • Productivity and Safety Gain Immense Attention
  • Voice Recognition Systems Find Way
  • Select Product and Application Trends
  • Demand Goes Strong for Smart Conveyor Equipment
  • Modular Designed Conveyor Systems Add Versatility
  • Factors Influencing Demand for Conveyors
  • Automated Lift Trucks Witness Increasing Adoption
  • Technologies Making Their Way into Lift Trucks
  • Pallet Trucks Grow in Sophistication
  • Demand for Automated Forklifts Picks up in Emerging Countries
  • Industry Demand Shifts towards Electric Trucks
  • Adoption of Electric Drives in Cranes and Hoists on Rise
  • Lithium Batteries Emerge as Hottest Trend
  • Advanced Material Handling Technologies Systems Improve Supply Chain Excellence
  • Automated Material Handling Equipment Make a Cut
  • Unit Load Systems Seek Bigger Role
  • Consumption Trends in Key End Use Industries
  • Factors Influencing Automated Material Handling Equipment Market
  • Strong Contribution from North American Automated MHE Market
  • Advanced Robotics Impacts Automated Material Handling Equipment
  • Automation Initiatives of Industrial Units Spur Demand for AGVs
  • Advancements Lead to Expanded Opportunities for AGVs
  • Growth Drivers and Application Trends in Select End-Use Industries
  • Increasing Automation in Manufacturing Industries
  • Transition of Material Handling in Automobile Industry
  • Recovery in Automotive Industry Post COVID-19 to Steer Demand
  • Expansion of E-Commerce & Retail Industries
  • Entry of Start-Ups with Warehouse Automation Solutions
  • Automated Systems Gain Traction in Consumer Electronics Production Units
  • Rising Adoption of Automated Systems to Boost Global Pharmaceutical Material Handling Equipment Market
  • Key Factors for Selecting a Material Handling System in Pharmaceuticals Manufacturing

FOCUS ON SELECT PLAYERS (Total 463 Featured)

  • BEUMER Group GmbH & Co. KG
  • Columbus McKinnon Corp.
  • Crown Equipment Corporation
  • Daifuku Co., Ltd.
  • Jervis B. Webb Company
  • FlexLink AB
  • Honeywell Safety and Productivity Solutions (SPS)
  • Hyster-Yale Materials Handling, Inc.
  • Hytrol Conveyor Co., Inc.
  • Interroll Group
  • Jungheinrich AG
  • KION Group AG
  • Dematic Group
  • Liebherr Group
  • Mitsubishi Logisnext Americas Inc.
  • Murata Machinery, Ltd.
  • SSI SCHAFER - Fritz Schafer GmbH
  • Swisslog Holding AG
  • Toyota Industries Corporation
  • Vanderlande Industries Nederland B.V.
  • Viastore Systems GmbH
  • WITRON Logistik + Informatik GmbH

For more information about this report visit https://www.researchandmarkets.com/r/x4q6qi

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Global Market for Material Handling Equipment

Coordonnées