Press release
Material Handling Equipment Market 2018-2023 | Global Key Players; Liebherr Group, KION Group AG, Jungheinrich AG, Viastore Systems GmbH, Eisenmann AG, Columbus McKinnon Corporation and More
The global material handling equipment is growing rapidly mainly due to the technological advancement transpired in this industry, increasingly allowing for efficient and cost-effective automation in addition to the solutions. Although existing for decades, this equipment is still evolving constantly undergoing a number of transformations.
Evidently, manufacturers are the key driving force who with their investments and seminal efforts are bringing up more betterments in this equipment. These advancements are making material handling equipment popular and widely adopted which in turn, is escalating the market value to an unparalleled level.
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Material Handling Equipment Market – Competitive Analysis
The competitive market of material handling equipment appears to be fragmented due to numerous companies are churning the market competition. Constant innovations and technologies generate strong investment opportunities. Market players strive to commercialize other techniques that can lower the production cost.
These players try to attain expertise in developing techniques, managing supply chains and in-depth domain knowledge in a number of advanced materials in addition to the prevailing strategies such as acquisition, partnership, and expansion of manufacturing facilities to gain the competitive advantage. Alongside the other strategies adopted by vendors in the market include greater commercialization of their products, promotion initiatives through trade exhibitions, and increased collaboration.
Global Material Handling Equipment Market - Segment
The MRFR analysis is segmented into four key dynamics for the convenience of the report;
By Operations : Comprising Assembly, Transportation, Packaging, Distribution, among others.
By System Types : Unit Load Material Handling System, Bulk Load Material Handling System.
By Applications : E-Commerce, Automotive, Food & Beverages, Metal & Heavy Machinery, and others.
By Regions : North America, Europe, APAC and the Rest-of-the-World.
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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)
Toyota Industries Corporation (Japan).
Industry/ Innovation/ Related News:
August 27, 2018 - Windsor Materials Handling (UK) announced the expansion of their business into the South coast area of the UK following the acquisition of Geolift Ltd. (UK), a material handling equipment supplier.
August 13, 2018 - Material Handling Systems, Inc. (MHS – US), a leading global provider of advanced parcel sortation systems, engineering and equipment, announced the acquisition of Officina Costruzioni Meccaniche SRL (OCM - Italy), a company specialized in automation industry, sortation system technologies to international courier and warehouse & distribution logistics companies.
Key Point Covered in this Report:
4 Global Material Handling Equipment Market, By Operation
4.1 Assembly
4.2 Transportation
4.3 Packaging
4.4 Distribution
4.5 Others
5 Global Material Handling Equipment Market, By System Type
5.1 Unit Load Material Handling System
5.2 Bulk Load Material Handling System
6 Global Material Handling Equipment Market, By Application
6.1 E-Commerce
6.2 Automotive
6.3 Food & Beverages
6.4 Metal & Heavy Machinery
6.5 Others…..
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