Press release
Navigating Regulatory Changes in the Electric Material Handling Equipment Market
Navigating Regulatory Changes in the Electric Material Handling Equipment Market
Electric Material Handling Equipment Market Future Scope
The Electric Material Handling Equipment Market was valued at approximately USD 12.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.6% from 2023 to 2030. This growth is driven by the increasing demand for energy-efficient, eco-friendly solutions in warehouses, manufacturing facilities, and distribution centers. As industries across the globe are shifting towards automation and sustainability, electric material handling equipment is becoming essential to meet operational needs while reducing environmental footprints. This market includes a wide range of products, such as electric forklifts, automated guided vehicles (AGVs), and electric pallet trucks, catering to industries like e-commerce, automotive, food and beverage, and logistics. The future scope of the Electric Material Handling Equipment Market remains highly promising due to the rising adoption of automation technologies and the push towards achieving carbon-neutral goals by industries worldwide. The market is expected to witness significant advancements in the integration of artificial intelligence (AI), IoT, and robotics, contributing to the growth of smart warehouses and the automation of material handling processes. Additionally, the rising focus on reducing labor costs and improving operational efficiency further propels the adoption of electric material handling equipment. The Asia-Pacific region is expected to emerge as a key growth hub, driven by rapid industrialization, infrastructure development, and increased investments in electric vehicle infrastructure, all of which are contributing to the growing demand for electric material handling equipment.
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Who are the largest Global manufacturers in the Electric Material Handling Equipment Market?
Schaefer
Daifuku
Dematic
Murata Machinery
Vanderlande
Mecalux
Beumer group
Fives group
Swisslog AG
Intelpgrated
Knapp
Kardex AG
TGW Logistics
Grenzebach
Witron
Viastore
System Logistics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real-time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Electric Material Handling Equipment Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric Material Handling Equipment Market
By Type of Equipment
Electric Forkbrfts
Electric Pallet Jacks
Electric Tow Tractors
Electric Stackers
Electric Reach Trucks
Automated Guided Vehicles (AGVs)
By Appbrcation
Warehousing
Manufacturing
Retail
Construction
Aerospace
Food & Beverage
By Battery Type
Lead-Acid Batteries
brthium-Ion Batteries
Nickel Cadmium Batteries
Gel Batteries
By Load Capacity
Less than 2,000 lbs
2,000 to 4,000 lbs
4,000 to 6,000 lbs
6,000 to 8,000 lbs
Above 8,000 lbs
By End-User Industry
Retail Sector
Logistics and Transportation
Construction Industry
Food and Beverage Industry
Aerospace Industry
Pharmaceuticals
Which regions are leading the Global Electric Material Handling Equipment Market?
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Global Electric Material Handling Equipment Market Research Report, 2026-2033
1. Introduction of the Global Electric Material Handling Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Research
Data Minin
Validation
Primary Interview
List of Data Sources
4. Global Electric Material Handling Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Material Handling Equipment Market, By Product
6. Global Electric Material Handling Equipment Market, By Application
7. Global Electric Material Handling Equipment Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Global Electric Material Handling Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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Website: https://www.verifiedmarketreports.com/"
"About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research."
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