The tools and mechanical systems used for retrieving, transporting, and delivering materials, among others, are generally categorized as material handling equipment. This equipment is primarily used in manufacturing and warehousing facilities. The activities in which these sets of equipment are used encompass assembly, storage, packaging, and transportation, among others.
The necessity of these sets of equipment in the aforesaid facilities arises from the fact that these types of machinery bring about a cost-effective and accurate means of transporting goods. Further, there is a substantial enhancement in production activity due to the swift movement of goods. Thus, the entire supply chain process is improved, resulting in an expeditious system wherein all the moving parts run with the highest degree of efficiency.
North America Material Handling Market Drivers:
- Increasing focus on improving the domestic manufacturing industry in the government of the United States.
North America Material Handling Market Geographical Outlook
- The United States is expected to grow rapidly during the forecast period.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2029
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Key Market Segmentation:
The North American Material Handling Market is segmented and analyzed as below:- By Equipment Type
- Storage & handling equipment
- Mezzanines
- Racks
- Shelves, Bins & Drawers
- Stacking Frames
- Storage & handling equipment
- Industrial trucks
- Automated Guided Vehicles (AGVs)
- Hand, platform & pallet trucks
- Order pickers
- Pallet jacks
- Side loaders
- Walkie stackers
- Bulk material handling equipment
- Conveyor belts
- Elevators
- Reclaimers
- Stackers
- Others
- Robotics
- Automated Storage & Retrieval System (AS/RS)
- Unit-Load AS/RS
- Mini-Load AS/RS
- Storage & handling equipment
- By Application
- Assembly
- Storage
- Packaging
- Transportation
- Others
- By End-User
- Automotive
- Electronics
- Chemical
- Pharmaceutical
- Aviation
- Others
- By Geography
- USA
- Canada
- Mexico
Table of Contents
Companies Mentioned
Some of the key companies profiled in this North America Material Handling Market report include:- Remstar AG (Kardex Group)
- Coesia S.p.A. (FlexLink)
- KION Group (Dematic)
- Toyota Advanced Logistics (Bastian Solutions, Inc.)
- Viva China Holdings (CLARK)
- Columbus McKinnon Corporation
- Crown Equipment Corporation
- Bedeschi S.P.A. (Dearborn Mid-West Company)
- Honeywell Intelligrated
- NACCO Industries (Hyster-Yale Materials Handling, Inc.)
- JBT
- MITSUBISHI HEAVY INDUSTRIES, LTD. (Mitsubishi Caterpillar Forklift America Inc)
- Fives
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 90 |
Published | September 2024 |
Forecast Period | 2024 - 2029 |
Estimated Market Value ( USD | $ 25.71 billion |
Forecasted Market Value ( USD | $ 33.06 billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | North America |
No. of Companies Mentioned | 14 |