Material Handling Equipment Market Research Report 2019 According to the report Global Material Handling Equipment Market by Operation, System Type, Application and Region with Global Forecast To 2023. The global material handling equipment market is expected to register a considerable high CAGR of 7.5% during the period 2019-2023, according to the reports revealed by Market Research Future (MRFR). The report encompasses the market analysis, challenges, factors driving the market, competitive analysis and regional analysis.
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Key Players:
The key players of Material Handling Equipment Market are Liebherr Group (Switzerland), KION Group AG (Germany), Jungheinrich AG (Germany), Viastore Systems GmbH (Germany), Eisenmann AG (Germany), Columbus McKinnon Corporation (U.S.), Crown Equipment Corporation (U.S.), Hytrol Conveyor Co., Inc. (U.S.), Xuzhou Heavy Machinery Co., Ltd. (China) and Toyota Industries Corporation (Japan).
Recent Industry Updates
February 7, 2019: I.D. Systems, a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, has announced a multi-year fleet management system agreement covering several thousand units with Jungheinrich AG which is a leading solution provider in intralogistics.
Factors Driving the Market
Material handling equipment is considered to be used for the movement, storage, and protection of goods in mainly manufacturing industries. The importance of this equipment is helping the market to grow exponentially among the industries such as aerospace, automotive and more as manufacturing plants for these are essential for operations. Material handling process involves managing the storage of goods and products also in the warehouse or a manufacturing plant.
The introduction of automation in the process of material handling equipment has driven the material handling equipment market growth in a positive pull. In addition, the steadily increasing pressure for optimization of resources and raw material consumption is prompting demands the use of material handling equipment and the market as well.
Different types of material handling equipment are available such as conveying equipment, bucket conveyor, screw conveyor, vibrating conveyor, roller conveyor, magnetic belt conveyor, chain conveyor and more. Also, a constant upgradation, innovation in technology in these different types happen to be a constructive advantage to the material handling equipment market growth.
Study Objectives of Material Handling Equipment Market:
- To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global material handling equipment market.
- To provide insights about factors affecting the market growth
- To analyse the global Material handling equipment market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segments by operation, system type, application and region
- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
- To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Material Handling Equipment Market
Market Segmentation
In the material handling equipment market, there has been segmentation done based on operation, system type, application, and region.
By mode of operation, the market has been segmented into the assembly, transportation, packaging, distribution, and others.
By mode of system type, the market has been segmented into the unit material handling system, bulk load material handling system. Of these, unit load leads in this segment and hence, impulses the material handling equipment market to a higher level globally. These are widely used in automotive, semiconductor and electronics, and aviation.
By mode of application, the market has been segmented into e-commerce, automotive, food & beverages, metal & heavy machinery and others. Of these, e-commerce sectors lead in this segment hence, propelling the global material handling equipment market at a faster pace than past years.
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Regional Analysis:
The Asia-Pacific region is expected to grow significantly in the global power quality equipment market. The growth of the Asia-Pacific region in the Material Handling Equipment Market can be attributed to the booming industrial sector in the region and the safety concerns at workplaces, especially in industries such as automotive, food & beverage and metal & heavy industries. Material handling equipment also facilitate the distribution and production of materials majorly in the e-commerce industry, thereby leading to the growth of the material handling equipment market in the region.
List of Tables
TABLE 1 GLOBAL MATERIAL HANDLING EQUIPMENT MARKET, BY OPERATION
TABLE 2 GLOBAL MATERIAL HANDLING EQUIPMENT MARKET, BY SYSTEM TYPE
TABLE 3 GLOBAL MATERIAL HANDLING EQUIPMENT MARKET, BY APPLICATION
TABLE 4 GLOBAL MATERIAL HANDLING EQUIPMENT MARKET, BY REGIONS
TABLE 5 NORTH AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY OPERATION
TABLE 6 NORTH AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY SYSTEM TYPE
TABLE 7 NORTH AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY APPLICATION
TABLE 8 U.S. MATERIAL HANDLING EQUIPMENT MARKET, BY OPERATION
TABLE 9 U.S. MATERIAL HANDLING EQUIPMENT MARKET, BY SYSTEM TYPE
TABLE 10 U.S. MATERIAL HANDLING EQUIPMENT MARKET, BY APPLICATION
Continued……
List of Fugures
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 GLOBAL MATERIAL HANDLING EQUIPMENT MARKET: BY OPERATION (%)
FIGURE 3 GLOBAL MATERIAL HANDLING EQUIPMENT MARKET: BY SYSTEM TYPE (%)
FIGURE 4 GLOBAL MATERIAL HANDLING EQUIPMENT MARKET: BY APPLICATION (%)
FIGURE 5 GLOBAL MATERIAL HANDLING EQUIPMENT MARKET: BY REGION
FIGURE 6 NORTH AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY OPERATION (%)
FIGURE 7 NORTH AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY SYSTEM TYPE (%)
FIGURE 8 NORTH AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY APPLICATION (%)
FIGURE 9 EUROPE MATERIAL HANDLING EQUIPMENT MARKET, BY OPERATION (%)
FIGURE 10 EUROPE MATERIAL HANDLING EQUIPMENT MARKET, BY SYSTEM TYPE (%)
Continued……
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