Report Overview
- Understand the latest market trends and future growth opportunities for the Material Handling Equipment industry globally with research from the Global Industry Reports team of in-country analysts – experts by industry and geographic specialization.
- Key trends are clearly and succinctly summarized alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight, and confident growth projections.
- The report will cover the overall analysis and insights in relation to the size and growth rate of the “Material Handling Equipment Market” by various segments at a global and regional level for the 2010-2030 period, with 2010-2022 as historical data, 2023 as a base year, 2024 as an estimated year and 2024-2030 as forecast period.
Description:
- The global market for Material Handling Equipment estimated at US$227.4 Billion in the year 2023, is expected to reach US$342 Billion by 2030, growing at a CAGR of 6% over the analysis period 2024-2030.
- Robots, one of the segments analyzed in the report, is expected to record a 9.9% CAGR and reach US$46.6 Billion by the end of the analysis period. Growth in the Automated Storage & Retrieval Systems (ASRS) segment is estimated at 7.2% CAGR over the analysis period.
- The Automated Material Handling Equipment market in the U.S. is estimated at US$55.8 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$78.0 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 6.5% and 7.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.
- Automated material handling equipment (AMHE) refers to systems used in manufacturing plants, warehouses, and distribution centers to transport, store, and control materials with minimal human intervention. This includes automated guided vehicles (AGVs), robotic systems, conveyors, and automated storage and retrieval systems (AS/RS). AMHE boosts efficiency, accuracy, and speed while reducing labor costs and errors. Advances in AI, machine learning, and IoT have made these systems smarter, enabling predictive maintenance, optimized routing, and real-time monitoring. The rise of e-commerce, labor shortages, and global supply chain demands are driving the rapid adoption of AMHE, making it essential for modern operations across industries like automotive, retail, and logistics.
MARKET DATA INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- COVID-19 Impact and Global Economic Slowdown Analysis
- Analysis of US inflation reduction act 2022
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Market Drivers & Limiters
- Market Forecasts Until 2030, and Historical Data up-to 2010
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
The Report Includes:
- The report provides a deep dive into details of the industry including definitions, classifications, and industry chain structure.
- Analysis of key supply-side and demand trends.
- Detailed segmentation of international and local products.
- Historic volume and value sizes, company, and brand market shares.
- Five-year forecasts of market trends and market growth.
- Robust and transparent research methodology conducted in-country.
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
- Provision of market value (USD Billion) data for each segment and sub-segment.
- Analysis by geography, region, Country, and its states.
- A brief overview of the commercial potential of products, technologies, and applications.
- Company profiles of leading market participants dealing in products category.
- Description of properties and manufacturing processes.
- marketed segments on the basis of type, application, end users, region, and others.
- Discussion of the current state, setbacks, innovations, and future needs of the market.
- Examination of the market by application and by product sizes; utility-scale, medium scale and small-scale.
- Country-specific data and analysis for the United States; China; Japan; Germany; India; United Kingdom; France; Canada; Russia; Italy; Brazil; South Korea; Australia; Spain; Mexico; Indonesia; Netherlands; Saudi Arabia; Turkey; Switzerland; Taiwan; Poland; Sweden; Belgium; Thailand; Argentina; Austria; Norway; United Arab Emirates; Israel; South Africa; Malaysia; Denmark; Singapore; Philippines; Hong Kong; Ireland; Nigeria; Egypt; Pakistan; Vietnam; Bangladesh; Chile; Finland; Portugal; Colombia; Czech Republic; Romania; New Zealand; Greece; Iraq; Hungary; Qatar; Peru; Kazakhstan; Algeria; Kuwait; Ukraine; Morocco; Ecuador; Slovakia; Sri Lanka; Oman; Kenya; Bulgaria; Luxembourg; Panama; Ghana; Jordan; Bahrain; Cyprus, and others.
- Coverage of historical overview, key industrial development and regulatory framework.
- Analysis of competitive developments, such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the market.
- A look at the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders.
Reports Scope and Segments:
| Report Attribute | Details |
| Market size value in 2023 | USD 227.4 Billion |
| Revenue forecast in 2030 | USD 342 Billion |
| Growth Rate | CAGR of 6% from 2024 to 2030 |
| Base year for estimation | 2023 |
| Historical data | 2010 – 2022 |
| Forecast period | 2024 – 2030 |
| Quantitative units | Revenue in USD million and CAGR from 2024 to 2030 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, trends, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, Disease Overviews. Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
| Segments covered | Product, Type, Operation, Technology, Application, Region |
| Regional scope | North America; Europe; Asia Pacific; Latin America; Middle East and Africa and rest of the world |
| Country scope | United States; China; Japan; Germany; India; United Kingdom; France; Canada; Russia; Italy; Brazil; South Korea; Australia; Spain; Mexico; Indonesia; Netherlands; Saudi Arabia; Turkey; Switzerland; Taiwan; Poland; Sweden; Belgium; Thailand; Argentina; Austria; Norway; United Arab Emirates; Israel; South Africa; Malaysia; Denmark; Singapore; Philippines; Hong Kong; Ireland; Nigeria; Egypt; Pakistan; Vietnam; Bangladesh; Chile; Finland; Portugal; Colombia; Czech Republic; Romania; New Zealand; Greece; Iraq; Hungary; Qatar; Peru; Kazakhstan; Algeria; Kuwait; Ukraine; Morocco; Ecuador; Slovakia; Sri Lanka; Oman; Kenya; Bulgaria; Luxembourg; Panama; Ghana; Jordan; Bahrain; Cyprus and others. |
| Key companies profiled | Hytrol Conveyor Co., Inc.; Interroll Group; Invata Intralogistics; Invia Robotics; JBT Corporation; Jervis B. Webb Company; John Bean Technologies; Jungheinrich AG; Kion Group AG; Komatsu Ltd.; Konecranes; KUKU AG; Liebherr Group; Locus Robotics; Manitowoc; Mecalux, S.A.; Meiden America; Mitsubishi Caterpillar Forklift America, Inc.; Mitsubishi Logisnext Americas Inc.; Mobile Industrial Robots; Murata Machinery, Ltd.; Palfinger; Sany heavy Industry Co. Ltd.; Schaefer System International Ltd.; Siemens AG; Swisslog Holding AG; TGW Logistics; Toyota Industries Corporation; Vanderlande Industries B.V.; Viastore Systems GmbH; Westfalia Technologies; WITRON Logistik + Informatik GmbH; XCMG; Xuzhou Construction Machinery Group Co., Ltd; Zoomlion Heavy Industry Science and Technology Co., Ltd and others |
| Customization scope | Free report customization (equivalent up to 20 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Report Format | PDF, PPT, Excel & Online User Account |
Based on the product:
- Storage and Handling Equipment
- Automated Storage and Retrieval System
- Industrial Trucks
- Bulk Material Handling Equipment
- Cranes and Lifting Equipment
- Racking & Storage Equipment
- Continuous Handling Equipment
- Others
Based on End-user applications:
- Automotive
- Food & Beverages
- Chemical
- Semiconductor & Electronics
- E-commerce
- Aviation
- Pharmaceutical
- Others
Based on equipment:
- Storage & handling equipment
- Racks
- Stacking frames
- Shelves, bins & drawers
- Mezzanines
- Industrial trucks
- Automated Guided Vehicles (AGVs)
- Hand, platform & pallet trucks
Based on the component:
- Order pickers
- Pallet jacks
- Side loaders
- Walkie stackers
- Bulk material handling equipment
- Conveyor belts
- Stackers
- Reclaimers
- Elevators
- Robotics
Based on technology:
- Automate Storage & Retrieval System (AS/RS)
- Unit load AS/RS
- Mini load AS/RS
Companies Covered in Report:
| 3D Storage Systems Limited | Dambach Lagersysteme GmbH | Manitowoc |
| 6 River Systems, Inc. | Dematic Group | Material Handling Systems, Inc. (MHS) |
| ABB Ltd. | Doosan Corporation | Mecalux, S.A. |
| A-B-C Packaging Machine Corp. | Dürkopp Fördertechnik GmbH | Meiden America |
| Abel Womack, Inc. | E&K Automation GmbH | Mitsubishi Caterpillar Forklift America, Inc. |
| Action Construction Equipment | EffiMat Storage Technology | Mitsubishi Logisnext Co., Ltd. |
| ADCO Manufacturing | Egemin Automation (KION Group) | Mobile Industrial Robots |
| Addverb Technologies | Eisenmann SE | Modula S.p.A. |
| Advanced Handling Systems (AHS) | Elettric 80 S.p.A. | Murata Machinery, Ltd. |
| Aethon, Inc. | Exotec Solutions | Muratec Automation Co., Ltd. |
| AGV International | Ferag AG | Ocado Group plc |
| Aichikikai Techno System | Fetch Robotics | Oceaneering International, Inc. |
| Air Technical Industries, Inc. | Fives Intralogistics Corp. | Palfinger |
| ALLIEDFLEX Technologies, Inc. | FlexLink AB | PSI Logistics GmbH |
| Alstef Automation SA | Geek+ (Beijing Geekplus Tech) | Sany heavy Industry Co. Ltd. |
| Alvey Group | Godrej Group | Savant Automation, Inc. |
| Amerden Inc. | GreyOrange | Savoye |
| America In Motion, Inc. | Hangcha | Schaefer Systems International, Inc. |
| Anhui Heli Co., Ltd. | Hanwha | Seegrid Corporation |
| Apex Automation and Robotics | Honeywell International, Inc. | SICK AG |
| Asseco Solutions AG | Hyster-Yale Materials Handling Inc. | Siemens Logistics |
| Automation Logistic | Hytrol Conveyor Co., Inc. | SSI Schaefer Group |
| AutoStore AS | Interroll Holding AG | Swisslog Holding AG |
| Avancon | Intralox, L.L.C. | System Logistics SpA |
| AVT Europe NV | Invata Intralogistics | TGW Logistics Group |
| Bastian Solutions, LLC | Invia Robotics | Toyota Industries Corporation |
| Beumer Group GmbH & Co. KG | JBT Corporation | Vanderlande Industries B.V. |
| Böwe Systec GmbH | Jervis B. Webb Company | Vecna Robotics |
| Cardinal Health | John Bean Technologies | Viastore Systems GmbH |
| Cargotec | Jungheinrich AG | Westfalia Technologies, Inc. |
| Cassioli Group | KION Group (Dematic) | WITRON Logistik + Informatik GmbH |
| Cimcorp Oy | Knapp AG | Wynright Corporation |
| CLARK | Komatsu Ltd. | Xuzhou Construction Machinery Group Co., Ltd |
| Clearpath Robotics | Konecranes | Zebra Technologies Corporation |
| Columbus McKinnon Corp. | KUKU AG | Zoomlion Heavy Industry Science and Technology Co., Ltd |
| Continiental | Liebherr Group | Others** |
| Crown Equipment Corp. | Locus Robotics | |
| Daifuku Co., Ltd. | Magazino GmbH |
After Sales Support
- Every updated edition of the report and full data stack will be provided at no extra cost for 24 months.
- Latest 2023 base year report.
- Free Updated edition of 2024 every quarter without any hidden cost.
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- Unrestricted post-sales support at no additional cost
- Free report customization (equivalent up to 10 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
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- Option to purchase regional or some selected Chapters from the report.
Key questions that are answered in this report
- What is the estimated value of the Global Market for Material Handling Equipment in 2024?
- What is the growth rate of the Global Market for Material Handling Equipment in 2024?
- What is the size of the Global Market for Material Handling Equipment in US, Europe, G20 countries?
- Who are the key companies in the Global Market for Material Handling Equipment?
- Which region is expected to hold the highest share in the Material Handling Equipment Market?
- Who are the top key players in the Material Handling Equipment Market?
- Which segment is expected to hold the largest market share in the Material Handling Equipment Market by 2030?
