Material Handling Equipment Market Trends
In 2022, the Material Handling Equipment Market Share is reached USD 216.6 billion, and global Material Handling Equipment Market size is projected to reach USD 342.0 billion by 2030. The Material Handling Equipment growth sahre is projected to reach Compound annual growth rate 6% between 2022-2030.
The expansion of e-commerce, warehousing, and manufacturing industries has propelled the material handling equipment market. Advanced solutions such as automated guided vehicles (AGVs), robotic palletizers, and IoT-enabled fleet management improve efficiency and safety. The shift towards automation and smart logistics continues to drive innovation and market growth.
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The Material Handling Equipment Market Report provides stakeholders with a comprehensive range of benefits, including in-depth quantitative analysis of market segments, trends, forecasts, and dynamics from 2025 to 2032. It offers valuable insights into key drivers, restraints, and opportunities, supported by Porter's Five Forces analysis for strategic decision-making. The report’s segmentation analysis highlights market opportunities, while revenue mapping across major countries by region delivers a detailed financial outlook. Additionally, it features benchmarking and competitive positioning of market players, along with an assessment of regional and global trends, key industry participants, and growth strategies.
Top companies of Material Handling Equipment
Daifuku Co., Ltd. (Japan)
Liebherr Group (Switzerland)
Schaefer System International Ltd. (Germany)
Toyota Industries Corporation (Japan)
Beumer Group (Germany)
Jungheinrich AG (Germany)
Godrej Group (India)
Kion Group AG (Germany)
Action Construction Equipment Ltd. (India)
Hyster-Yale Materials Handling, Inc. (U.S.)
Swisslog Holding AG (Germany)
Crown Equipment Corporation (U.S.)
Hyster-Yale Materials Handling, Inc. (U.S.)
Mitsubishi Logisnext Co., Ltd. (Japan)
KUKA AG (Germany)
Material Handling Equipment Market Research Objectives
Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
To analysis the with respect to individual future prospects, growth trends and their involvement to the total market.
To analysis reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
To deliberately profile the key players and systematically examine their growth strategies.
Material Handling Equipment Market Drivers & Restrins
Drivers:
Growing demand for automation and efficiency in logistics and warehousing operations to enhance productivity.
Increasing investment in infrastructure development and manufacturing activities across various industries.
Restraints:
High initial costs associated with purchasing and implementing advanced material handling equipment.
Challenges related to skilled labor shortages and the need for training in operating sophisticated equipment.
Recent Industry Developments
KION Group, a leader in the material handling equipment sector has made a strategic alliance with the Li-Cycle, an lithium ion resource leader to strengthen their battery recycling and sustainability offerings position in the industry.
Crown equipment corporation, expnded its product portfolio with Internal combustion and Electric counterbalance forklifts that can offer a carrying capacity upto 5.5 tons.
Toyota Industries Corporation’s division Toyota Material Handling Japan (TMHJ) has developed an autonomous AI lift trucks that locates, position trucks, loads and generates an automated routes for loading operations.
SSI Schaefer, a leader in intralogistic sector has launched its SSI Mobile robots and shelving systems improving intralogistic operations and speed up logistic processes and reduce cost offering partial automation option to intralogistic sector.
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Research Methodology
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter’s Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
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