Material handling is s systematic process that aims to efficiently manage the manufacturing, warehousing, and logistics landscape. Through material handling, the raw materials or goods are moved to the manufacturing sites, and finished products are stored and transported efficiently.
One of the major factors pushing the United States material handling market's growth is the increasing industrial production capability of the nation. The USA is among the biggest industrial manufacturers globally and produces a wide range of products.
Similarly, the growth of the nation's chemical industry production will also propel its material handling market. The American Chemistry Council, Inc., in its report, stated that in August 2024, the production of major plastic resins reached 8.9 billion pounds, which marked an increase of about 6.9% from July 2024. The total production of major plastic resins in the nation witnessed an increase of about 5.7% in August 2024 compared to August 2023. The association further stated that the production of total resin in 2022 was recorded at 125.49 billion pounds, which increased to 130.11 billion pounds in 2023.
United States material handling market growth drivers
Growing automotive production in the country
The growth of automotive production in the nation is a key factor pushing the USA material handling market forward. This growth is owing to the rising demand for material-handling conveyors, bucket elevators, forklifts,automated guided vehicles, and other material-handling systems.According to the International Organization of Motor Vehicle Manufacturers (OICA), in its global production outlook, in 2021, total automotive production in the United States was recorded at 9.157 million units 2021 which increased to 10.052 million in 2022 and further expanded to 10.611 million in 2023.
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- Historical data & forecasts from 2022 to 2030
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The United States Material Handling Market is analyzed into the following segments:
By Product
- Automated Guided Vehicles
- Automated Storage and Retrieval Systems
- Trucks and Lifts
- Cranes
- Conveyor System
- Others
By Application
- Warehousing and Distribution
- Airport Baggage Handling
- Bulk Handling
- Postal and Parcel Delivery
- Assembly
- Packaging
By Industry Vertical
- Manufacturing
- Healthcare
- Chemical
- Paper
- Food and Beverage
- Others
By States
- California
- Texas
- Ohio
- Illinois
- Pennsylvania
- Others
Table of Contents
Companies Mentioned
- BEUMER Group
- Murata Machinery USA, Inc. (Murata Machinery Ltd.)
- Daifuku North America Holding Company (Daifuku Co., Ltd.)
- Kardex Group
- JBT Corporation
- KUKA Systems North America LLC (Midea Group)
- Honeywell International Inc.
- Bastian Solutions, LLC (Toyota Industries)
- Dematic (KION Group)
- Crown Equipment Corporation
- Hyster-Yale Material Handling (NACCO Industries)
- SSI SCHAEFER Group
- Siemens Logistics GmbH (Siemens AG)
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 90 |
Published | December 2024 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 46.81 Billion |
Forecasted Market Value ( USD | $ 60.19 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | United States |
No. of Companies Mentioned | 13 |