The Material Handling Equipment Market size was estimated at USD 206.59 Billion in 2022 and is expected to reach USD 319.69 Billion by 2030 at a CAGR of 5.6% during the forecast period of 2023-2030.

The market report focuses on the dynamics of the industry, including the driving elements for the growth of the Material Handling Equipment market. The report also identifies limitations and opportunities for high market growth segments. Our highly experienced global analyst team conducts a research study which is an outcome of extensive primary and secondary research. Market growth is predicted using complex algorithms such as regression analysis, end-user sentiment analysis, etc. The analysis by PESTEL provides a holistic view of the factors affecting market growth worldwide that examines in detail key industrial factors, such as macroeconomic and microeconomic factors.

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The report takes into account the income generated from manufacturers' sales in calculating the market size. The calculation of the market size also covers the product segmentation based on secondary sources and verified from primary sources. Data analyzed and interpreted in the course of this research are provided with in-depth information by means of figures, diagrams, pie-diagrams, tables and bar charts. Key regions are analyzed with the benefit, pricing, capacity, production, supply, demand, market growth rates and many more. After a detailed examination of the micro and macroeconomic indicators in the market, the dynamics of the Material Handling Equipment market were determined.

Market Segmentation

By Product

  • Cranes & Lifting Equipment

  • Industrial Trucks

  • Continuous Handling Equipment

  • Racking & Storage Equipment

By Application

  • Automotive

  • Food & Beverages

  • Chemical

  • Semiconductor & Electronics

  • E-commerce

  • Aviation

  • Pharmaceutical

  • Others

Based on product type, application, end-use, and regions, the global Material Handling Equipment market is segmented in this report. All types were analyzed based on current and future trends and for the forecast period the market size was estimated. Find out the driving factors for the fastest growing market sector by studying quantitative and qualitative analyses of each type. It provides an analysis of the latest industry trends and opportunities, forecasting revenue growth globally, regionally and countrywide. This helps to analyze demand in various end-use industries.

Competitive Scenario

This section of the report covers competitive landscape and company profiling of the main market participating manufacturers. The Material Handling Equipment market report covers detailed competitive prospects, including the market size, market share and corporate profiles of key global players. The report in this section highlights key developments such as new products, expansion, mergers and acquisitions, partnerships, agreements, joint ventures, business overviews, key strategies and the key players' financial analysis.

Key Players:

BEUMER GROUP, Daifuku Co., Ltd., Honeywell International, Inc., KION GROUP AG, Mecalux, S.A, Murata Manufacturing Co., Ltd., SSI SCHAEFER, Swisslog Holding AG, TOYOTA INDUSTRIES CORPORATION, Vanderlande Industries B.V., are and others.

Key Questions Answered in the Material Handling Equipment Report

  • Which are the major factors influencing the growth of the market?
  • Which segment accounted for the largest revenue share in the market?
  • Who are the leading players dominating the global market?
  • What are the key strategies implemented by the market participants?

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