openPR Logo
Press release

Material Handling Equipment Market 2018 Global Players KUKA Robotics, Liebherr Group, Swisslog Logistics Automation, Mitsubishi Caterpillar Forklift America Inc. (MCFA).

Material Handling Equipment Market

Material Handling Equipment Market

The expanding 3PL sector is expected to witness a CAGR of over 6% in the material handling equipment market. Material handling equipment market has stood as one of the most remunerative business spheres in the construction domain.

The industry landscape is prominently underlined by technological interventions and development in logistic operations, where the parameters define the key to opportunities and profitability. Amidst this dynamic competitive scenario, product improvisation via mergers & acquisitions have emerged as the top-notch growth strategy adopted by the major players. Toyota Industries’ yesteryear tie up with renowned material handling equipment industry player Bastian Solutions LLC is an exemplary precedent depicting the same.

Sample copy of this Report @
https://www.gminsights.com/request-sample/detail/1384

The deal signified Toyota full-scale entry in the North America material handling equipment market, in the backdrop of the massively expanding e-commerce sector in the region. It is prudent to mention that e-commerce is indeed one of the major application avenues for material handling equipment industry growth. The segment contributed a total of USD 14 billion to the overall business in 2017.

*Material Handling Equipment Market, By Product

o Storage and handling equipment

• Racks
• Stacking frames
• Shelves, bins and drawers
• Mezzanines

o Industrial trucks

• Automated guided vehicles (AGVs)
• Hand, platform and pallet trucks
• Order pickers
• Pallet jacks
• Side loaders
• Walkie stackers

o Bulk material handling equipment

• Conveyor belts
• Stackers
• Reclaimers
• Elevators
• Others

o Robotics
o Automated storage and retrieval system (AS/RS)
o Unit-load AS/RS
o Multi-load AS/RS

Make an Inquiry for purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/1384

Today’s advanced material handling solutions significantly improve the inventory control, leaving a subsequent impact on the overall supply chain model. With notable developments in omni-channel operations, in-store pickup, return processing and specialty labelling, e-commerce sector is rightly touted as a major investment spot for material handling equipment market players.

Regionally, the European belt is claimed to be highly profitable growth ground for material handling equipment industry, subject to the stringent governmental regulations with regards to workplace safety in the continent. This has subsequently prompted manufacturers to come up with products that are absolutely in compliance with the standards enforced by the European Union regarding design, construction, and handling of the equipment.

Through this venture, Plug Power would be integrating its patent fuel cells into Linde’s warehouse vehicles, thereupon increasing the adoption of H2 (hydrogen) in Europe manufacturing market. The collaboration move between Plug Power and Linde is claimed to remarkably facilitate the penetration of hydrogen fuel cells across Europe. Underlined by similar strategic developments in the manufacturing sector, Europe would continue to witness a percentage of supremacy in the business sphere. In terms of commercialization potential, Europe materials handling equipment industry share is forecast to exceed USD 25 billion by 2024.

While a rich application landscape ensures a rather lucrative terrain for the material handling equipment market, the huge capital investments in the maintenance and operation of these equipment might challenge the industry trends in the coming years.  Also, the complexity associated with integrating hardware and software in one platform for upgrading the manufacturing facilities is another deterring factor in materials handling equipment industry growth, Nonetheless, with industry participants making incessant efforts toward developing products that are affordable and efficient, the market is certain to witness remarkable proceeds in the coming timeframe.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/material-handling-equipment-market

One of the anticipated trends to be watched for remains the growth of material handling equipment market in emerging economies, where manufacturing sector is booming. The robotic technology will also mark a disruption of sorts in this domain, primarily fueled by the demand for cost-effective and efficient approaches. In this regard, China and India which are indeed witnessing a remarkable rise in industrialization are slated to be the chief avenues for material handling equipment market. In fact, Asia Pacific, driven by these economies is expected to witness an appreciable CAGR of 6.5% over 2018-2024. The global business share is projected to surpass USD 190 billion by 2024.

 

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Material Handling Equipment Market 2018 Global Players KUKA Robotics, Liebherr Group, Swisslog Logistics Automation, Mitsubishi Caterpillar Forklift America Inc. (MCFA). here

News-ID: 1252403 • Views:

More Releases from Global Market Insights Inc.

Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Included – Dow Dupont Inc., BASF SE, Clariant AG & More
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application. The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - Walmart, Costco Wholesale Corporation, LGM Pharma
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil. Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Trends to 2024 | MFG Chemicals, Huntsman Corporation, and Stepan Company
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024. Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care. Sulfosuccinates are mainly a mild type
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/233 Top Key Players in The Market are: Graphenea S.A., Applied Graphene Materials plc, ACS

All 5 Releases


More Releases for Material

Global Thermal Transfer Material Market, Global Thermal Transfer Material Indust …
Thermal conductivity refers as an important characteristic for several manufacturing operations. Thermal transfer properties of a variety of materials are effective in certain applications owing to natural molecular structure that allows for direct heat-transfer. Thermal transfer materials are extensively used to manufacture the heat conductive adhesive tapes, printable products and polymer sheets. These polymer sheets are utilized for barcodes, labeling, and QR code labels for retailing, logistics, and consumer goods.
Sleeping Pillow Market benefits | by material, filling material, shape, feature, …
Global pillow market is dominated by pillow made from 100% cotton which is specifically used for sleeping application across globe. Internally, pillow is consists of a filling material like foam, synthetic fiber, feathers, latex and many more. Pillows made from feather is most expensive compare to other pillow types. Pillows made from feathers are generally desired by consumer who prefers more comfort. The pillows which has anti-static and anti-bacterial features
Drive Through Rack Market 2019 | Global Forecast 2025 | Top Key Players – SJF …
Drive Through Rack Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/107910 UpMarketResearch offers a latest published report on “Global Drive Through Rack Market Analysis and Forecast 2019 - 2025” delivering key insights and providing a competitive
The Future of Smart Material Market Runs Through the Material Industry
Smart Materials Market is expected to garner $72.63 billion by 2022, registering a CAGR of 14.9% during the forecast period 2016-2022. Smart materials are adaptive or intelligent materials which pose intrinsic and extrinsic capabilities. These can be altered by external stimuli, such as moisture, temperature, electromagnetic field, and pressure to obtain the desired functional effects. In addition, these materials are dynamic in nature and respond to their immediate interaction environments
Global Drive Through Rack Market 2017 : SJF Material Handling, AK Material Handl …
Drive Through Rack Market 2017 A market study based on the " Drive Through Rack Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Drive Through Rack Market 2017’. The research report analyses the historical as well as present performance of the worldwide Drive Through Rack industry, and makes predictions on the future status of Drive Through Rack market on the basis of this
Global Regenerative Artificial Skin Sales Market Research Report 2017 (Temporary …
The report "Global Regenerative Artificial Skin Sales Market Report 2017", has been prepared based on an in-depth market analysis with inputs from industry experts. This report studies sales (consumption) of Regenerative Artificial Skin in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Integra Life Sciences Corporation Mylan N.V Johnson & Johnson