Press release
Material Handling Equipment Market Is Booming Worldwide | Kion Group, Liebherr Group, Jungheinrich
Material Handling Equipment Market
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Material Handling Equipment Market is estimated to increase at a growth rate of 5.7% CAGR over the forecast period from 2024 to 2030.
An Overview of the Material Handling Equipment Market
Material handling equipment are those type of equipment which is widely used for the storage, control, movement and protection of materials as well as goods, Various benefits of using material handling equipment are Improve customer service, Shorten delivery times, Reduce inventory excesses, Improve handling through streamlining and better timing, Improve inventory management, enhance handling through streamlining & better timing and others benefits. Increasing usage of material handling equipment in various application such as automotive, food & beverages, chemical, semiconductor & electronics, E-Commerce, aviation, among others are some of the major factors which affect the growth of the market in future
Material Handling Equipment Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- by Type (Storage and Handling Equipment, Automated Storage and Retrieval System, Industrial Trucks, Bulk Material Handling Equipment, Others), End Use (Automotive, Food & Beverages, Chemical, Semiconductor & Electronics, E-Commerce, Aviation, Pharmaceutical, Others), System Type (Unit Load, Bulk Load) and significant players are the market segments.
In order to provide a thorough analysis of the industry, the report compiled data from over 22 jurisdictions or nations across Europe, North America, South America, Asia Pacific, and MEA.
Geographically, the global version of the report has the following country inclusion:
• North America [United States, Canada, and Mexico]
• Europe [Germany, the UK, France, Italy, Netherlands, Belgium, Denmark, Spain, Sweden, and the Rest of Europe]
• Asia-Pacific [China, Japan, South Korea, India, Australia, Indonesia, and Others]
• South America [Brazil, Argentina, Colombia, and the Rest of South America]
• the Middle East and Africa (South Africa, Turkey, Israel, GCC Countries, and the Rest of Africa)
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The primary goal of this study is to determine which market niches or nations that companies and investors should concentrate on in the future in order to allocate their resources and efforts toward Material Handling Equipment that will optimize growth and profitability. The year 2024 will see notably slower growth, and given the dynamic macroeconomic and regulatory environment, major markets in North America and Western Europe will need "heavy lifting" to handle these tendencies.
In the Material Handling Equipment industry, distribution channels are always crucial because of the "push" nature of many offerings in the sector. In an effort to strengthen their relationship with customers, companies have been refining their distribution model. As the Internet becomes more widely used and consumers start to value expediency, digital purchases are growing in popularity in Material Handling Equipment.
Furthermore, the years considered for the study are as follows:
Historical year - 2018-2023
Base year - 2023
Forecast period** - 2024 to 2032 [** unless otherwise stated]
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Major Highlights of TOC:
Chapter 1: Overview of the Material Handling Equipment Market Industry
1.1.1 Overview;
1.1 Material Handling Equipment Industry
1.1.2 Key Companies' Products
1.2 Market Segment by Material Handling Equipment
1.2.1 Industry Chain
1.2.2 Customer Behavior & Distribution Routes
Chapter Two: Demand for Material Handling Equipment Worldwide
2.1 Overview of the Segment
2.2 Material Handling Equipment Market Size (2018-2023) by Application/End Users
2.3 Application/End User Forecast for the Material Handling Equipment Market (2024E-2032)
Chapter 3: Type-wise Material Handling Equipment Market
3.1 According to Type
3.2 Market Size for Material Handling Equipment by Type, 2018-2023
3.3 Market Forecast for Material Handling Equipment by Type (2024E-2030)
Chapter Four: Material Handling Equipment Market: by Region/Country
4.1 Material Handling Equipment Market by Regions
4.2 Material Handling Equipment Market Revenue & Share by Region
4.3 North America
4.4 Europe
4.5 the Asia Pacific
4.6 South America
4.7 the Middle East & Africa
Player Analysis in Chapter Five
5.1 Players' Market Share Analysis (2023)
5.2 Regional Market Concentration Rates
5.3 Overviews of Companies
..........continued
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