Tue, 26 Jan 2021

According to a new report by Expert Market Research titled, 'Global Material Handling Equipment Market Report and Forecast 2020-2025', the global material handling equipment market reached a value of almost USD 30.5 billion in 2019. The market is further expected to grow at a CAGR of 7.2% in the forecast period of 2020-2025.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

The global material handling equipment market is driven by the significant role it plays in the manufacturing sector. The material handling does not directly contribute to the manufacture of products, but it enables effective handling, management, storage, and transport of products ensuring that products circulate quickly, smoothly, and efficiently. The growth in the industrial and infrastructural operations is expected to cater to the ever-growing population, further enhancing the material handling equipment market growth.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/material-handling-equipment-market/requestsample

Daifuku Co., Ltd. (TYO: 6383) and Toyota Industries Corporation (OTCMKTS: TYIDY) are some of the major players in the global material handling equipment market. In April 2019, Daifuku Co., Ltd., a leading global manufacturer and supplier in the material handling industry, acquired the India-based material handling equipment manufacturer, Vega Conveyors & Automation Private Limited, to expand manufacturing and distribution business segments within Asia.

Market Analysis by Product:

  1. Storage and Handling Equipment
  2. Automated Storage and Retrieval System
  3. Industrial Trucks
  4. Bulk Material Handling Equipment
  5. Others

The material handling equipment market, on the basis of product, is divided into storage and handling equipment, automated storage and retrieval system, industrial trucks, and bulk material handling equipment, among others.

Market Analysis by System Type:

  1. Unit Load Material Handling Systems
  2. Bulk Load Material Handling Systems

On the basis of system type, the market is bifurcated into unit load material handling systems and bulk load material handling systems.

Market Analysis by Function:

  1. Assembly
  2. Packaging
  3. Transportation
  4. Distribution
  5. Storage
  6. Waste Handling

Based on function, the market is segmented into assembly, packaging, transportation, distribution, storage, and waste handling.

Market Analysis by Industry:

  1. Automotive
  2. Metal & Heavy Machinery
  3. Food & Beverages
  4. Chemicals
  5. Semiconductors & Electronics
  6. Healthcare
  7. Aviation
  8. E-Commerce
  9. Others

On the basis of industry, the market is divided into automotive, metal and heavy machinery, food and beverages, chemicals, semiconductors and electronics, healthcare, aviation, and e-commerce, among others.

Read Full Report With Table Of Contents - https://www.expertmarketresearch.com/reports/material-handling-equipment-market

Market Analysis by Region:

  • North America

    • United States of America
    • Canada

  • Europe

    • United Kingdom
    • Germany
    • France
    • Italy
    • Others

  • Asia Pacific

    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others

  • Latin America

    • Brazil
    • Argentina
    • Mexico
    • Others

  • Middle East and Africa

    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others

Regionally, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Competitive Landscape & Supplier Analysis:

  • Daifuku Co., Ltd. (TYO: 6383)
  • Jungheinrich AG (ETR: JUN3)
  • BEUMER Group
  • Kion Group AG (ETR: KGX)
  • Mecalux, S.A.
  • Toyota Industries Corporation (TYO: 6201)
  • Hyster-Yale Materials Handling, Inc. (NYSE: HY)
  • JBT Corporation (NYSE: JBT)
  • KUKU AG
  • Others

Daifuku Co., Ltd., Jungheinrich AG, BEUMER Group, Kion Group AG, Mecalux, S.A., Toyota Industries Corporation, Hyster-Yale Materials Handling, Inc., JBT Corporation, and KUKU AG, among others, are the key players in the global material handling equipment market. The Expert Market Research report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.

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Warehousing and Storage Market - https://www.expertmarketresearch.com/reports/warehousing-and-storage-market

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Indian Cold Chain Market - https://www.expertmarketresearch.com/reports/indian-cold-chain-market

Refrigerated Transport Market - https://www.expertmarketresearch.com/reports/refrigerated-transport-market

North America Cold Chain Market - https://www.expertmarketresearch.com/reports/north-america-cold-chain-market

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

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