Global Material Handling Equipment Market to Expand at a CAGR of 5.2% During the Forecast Period 2016-2024

According to Goldstein Research, booming e-commerce industry has significantly augmented the material handling equipment market size owing to escalating need for faster deliveries to better cater to the consumers’ demand in the competitive landscape. Many major players in the e-commerce industry are installing warehouse management system (WMS) for real-time monitoring of inventory levels and to categorize the stock locations. Moreover, with the introduction of automated equipment’s and IoT, the global material handling equipment industry is likely to witness demand for novel products and services over the forecast period. Global material handling equipment market research also includes new business models, product developments and capital investment as the key strategies adopted by the major players for a significant expansion of business in developed and as well as in developing countries across the globe. The global material handling equipment industry report also recognizes value chain analysis to understand the cost differentiation to provide a competitive advantage to the existing and new entry players.

Market Segmentation

On the basis of our in-depth analysis, the global material handling equipment market can be segmented as follows:

  • By Product Type
    • Storage Equipment
    • Conveyor systems
    • Robotic delivery systems
    • Automatic guided vehicles (AGV)
    • Industrial Trucks & Lifts
  • By Applications Type
    • Storage and Retrieval
    • Transportation
    • Assembly
    • Packaging
    • Distribution
  • By Services
    • Software and Hardware (Installation and Up-gradations)
    • Training
    • Support and Maintenance
  • By End Users
    • Marine and Air Ports
    • Manufacturing Sector
    • Transportation and Logistics
    • Construction Industry
    • E-commerce
  • By Geography
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
    • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)]
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}

 

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Material Handling Equipment Industry Trends & Challenges

Global Material handling equipment Market Outlook 2024contains the detailed overview of the global material handling equipment market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product, by application, by services, and by end users.

Further, for the in-depth analysis, Global Material Handling Equipment Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Daifuku Co., Ltd., SSI Schaefer, Hyster-Yale Material Handling, Inc., Jungheinrich AG, KION Group AG, Toyota Industries Corporation etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global material handling equipment market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on research for Industrial automation market helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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