Material Handling Equipment Market will register the CAGR of 7.5% Till 2023 | Top Key Players are Liebherr Group, KION Group AG, Jungheinrich AG, Viastore Systems GmbH, Eisenmann AG, Columbus McKinnon Corporation, Crown Equipment Corporation, Hytrol Conve

Market Scenario:

Material handling equipment is equipment used for the movement, storage and protection of goods in all industries for manufacturing and distribution.
The major driver for the growth of the Material Handling Equipment Market is the increasing automation across manufacturing industries. The constantly increasing pressure for optimization of resources and raw materials consumption, is driving the use of Material Handling Equipment Market. The other factors driving the growth of the Material Handling Equipment Market are constant innovation in technology, up gradation of the manufacturing plants and the expansion of the manufacturing base in developing nations.
The Material Handling Equipment Market is expected to grow at CAGR of ~7.5% during the period 2017 to 2023.

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

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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.

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).

Intended Audience:

• Distributer & Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Product Analysis:

• Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information:

• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators

Geographic Analysis:

• Geographical analysis across 15 countries

Company Information:

• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies

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The report for Material Handling Equipment Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Industry News

In July 2017, the company acquired Terex Equipment Private Limited in India, which is a diversified global manufacturer of a broad range of equipment that is focused on delivering reliable, customer-driven solutions for many applications such as the construction, infrastructure and mining.
In August 2017, Briggs Equipment, Cannock-based asset management company has announced the acquisition of Irish Lift Trucks (ILT) part of the OHM Group in the Republic of Ireland. This acquisition allows ILT to grow and expand its offering more quickly than on a standalone basis, providing customers with a broader solution underpinned by Briggs Equipment’s market-leading service levels.

In April 2016, Haulotte Group launch new line of heavy load capacity range telehandlers HTL 5210. This latest addition to the Haulotte range offers the lift capacity of 5.2 tones up to a height of 10 m, representing a maximum forward reach at 3.5 tonnes to 5.8 m with the stabilizer.

In May 2016, Skyjack has recently partnered with a new dealer, Multicrane Perkasa which is a heavy equipment dealer that specializes in providing high quality brands from reputable manufacturers, to provide Skyjack lifts to Indonesia.

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