The global market for Material Handling Equipment is estimated at US$138.3 Billion in 2023 and is projected to reach US$199.9 Billion by 2030, growing at a CAGR of 5.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the material handling equipment market is driven by several factors. The rapid expansion of the e-commerce industry is a primary driver, as online retailers require efficient and scalable logistics solutions to handle the increased volume of goods. Technological advancements, such as the development of more sophisticated and reliable automated systems, have made MHE more attractive to a wide range of industries. The growing focus on workplace safety and the need to comply with stringent regulatory standards have also spurred demand for advanced MHE that reduces the risk of accidents and injuries. Additionally, the push for greater efficiency and cost reduction in supply chain operations has led businesses to invest in modern material handling solutions that streamline processes and enhance productivity. Consumer behavior trends, such as the increasing demand for faster delivery times and real-time tracking of goods, are further fueling the adoption of advanced MHE.
The growth in the material handling equipment market is driven by several factors. The rapid expansion of the e-commerce industry is a primary driver, as online retailers require efficient and scalable logistics solutions to handle the increased volume of goods. Technological advancements, such as the development of more sophisticated and reliable automated systems, have made MHE more attractive to a wide range of industries. The growing focus on workplace safety and the need to comply with stringent regulatory standards have also spurred demand for advanced MHE that reduces the risk of accidents and injuries. Additionally, the push for greater efficiency and cost reduction in supply chain operations has led businesses to invest in modern material handling solutions that streamline processes and enhance productivity. Consumer behavior trends, such as the increasing demand for faster delivery times and real-time tracking of goods, are further fueling the adoption of advanced MHE.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Third-Party Logistics Application segment, which is expected to reach US$47.6 Billion by 2030 with a CAGR of a 5.7%. The eCommerce & General Merchandise Application segment is also set to grow at 6.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $34.7 Billion in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $36.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Material Handling Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Material Handling Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Material Handling Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ATS Automation Tooling Systems, Inc., Action Construction Equipment Ltd. (ACE), Alvan Blanch Development Co., Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 463 Featured):
- ATS Automation Tooling Systems, Inc.
- Action Construction Equipment Ltd. (ACE)
- Alvan Blanch Development Co., Ltd.
- ABC Equipment Rental
- Acco Material Handling Solutions
- Accutek Packaging Equipment Companies, Inc.
- Ace Industries, Inc.
- AGVE AB
- Air Process Systems & Conveyors Co., Inc.
- Air Technical Industries, Inc.
- Amerden Inc.
- American Crane & Equipment Corporation
- Anhui HeLi Co., Ltd.
- Apollo Group
- All-Lifts, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSPAINRUSSIASOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
REST OF LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- ATS Automation Tooling Systems, Inc.
- Action Construction Equipment Ltd. (ACE)
- Alvan Blanch Development Co., Ltd.
- ABC Equipment Rental
- Acco Material Handling Solutions
- Accutek Packaging Equipment Companies, Inc.
- Ace Industries, Inc.
- AGVE AB
- Air Process Systems & Conveyors Co., Inc.
- Air Technical Industries, Inc.
- Amerden Inc.
- American Crane & Equipment Corporation
- Anhui HeLi Co., Ltd.
- Apollo Group
- All-Lifts, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 1327 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 138.3 Billion |
| Forecasted Market Value ( USD | $ 199.9 Billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
