Material Handling Equipment Market Data Current and Future Trends, Industry Size, Share, Revenue, Business Growth Forecast to 2026

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Feb 03, 2021 (The Expresswire) —
A rise in disposable income, flourishing construction, and an increasing number of manufacturing facilities are projected to propel the global material handling equipment market growth during the forecast period. According to a published report by Fortune Business Insights, titled, “Material Handling Equipment Market Size, Share and Industry Analysis, By Equipment Type, By Operations, By End-use Application and Regional Forecast, 2019-2026,” the overall material handling equipment market is expected to grow from USD 194.73 Billion in 2018 to USD 354.03 Billion by 2026 at a CAGR of 7.8% during the forecast period.

The global material handling equipment market size stood at USD 194.73 Billion in 2018 is projected to reach USD 354.03 Billion by 2026, exhibiting a CAGR of 7.8% during the forecast period

To Gain More Insights into the Material Handling Equipment Market Analysis, Browse Summary of the Research Report –https://www.fortunebusinessinsights.com/industry-reports/material-handling-equipment-market-101501

The report further states that the global market size was valued at USD 194.73 Billion in 2018. Additionally, expansion of the packaging industry and the automotive and consumer electronics industry is likely to contribute to the global material handling equipment market in the coming years.

The report described and predicts the global material handling equipment market in terms of system type, value, industry, function, type, and geography. It aids in analyzing opportunities for stakeholders in the industry by evaluating the dominant segments. Furthermore, the report analyzes growth strategies, namely, key developments, innovative product launches, collaborations, acquisitions, contracts, and agreements in the global market.

Report Highlights:

  • A comprehensive overview of the Material Handling Equipment Market

  • Significant factors boosting, restricting, challenging and providing an opportunity to the market

  • Key insights and major industry developments

  • Significant players functioning in the Material Handling Equipment Market

  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others

  • Other market trends

List of Key Players Mentioned:

  • Liebherr Group

  • Manitowoc

  • Columbus McKinnon Corporation

  • Beumer Group

  • KION GROUP AG

  • Toyota Industries Corporation.

  • Eisenmann SE

  • Crown Equipment Corporation

  • Daifuku Co., Ltd

  • Hyster-Yale Materials Handling, Inc.

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“Briggs Acquires MacKinnon to Expand the Former’s Material Handling Business”

Earlier, in July 2017, Briggs Construction Equipment, Inc., a leading supplier of material handling equipment, based in Dallas, announced that it acquired MacKinnon Equipment and Services, a seller of handling and construction machinery. The acquisition aids Briggs in expanding its material handling equipment business in Georgia and Florida. MacKinnon is currently functioning as a database administrator of Briggs without any changes in the business and leadership approaches. The entire transaction was completed on July 30. However, the details of the transaction are still confidential.

The report answers the following questions:

  • What are the recent material handling equipment market trends and developments?

  • How will the market be affected by changing consumer behavior?

  • Which strategies are being adopted by key players to enhance their market footprint?

  • Which region will remain in the dominant position in terms of revenue?

  • How many niche segments are present in the market?

Analysis by Market Segmentation:

  1. By Equipment Type

  2. By Operations

  3. By End-use Application:

  4. By Geography: North America, Europe, Asia Pacific, Latin America, Middle East and Africa

“Rising Demand for Online Shopping to Boost Growth of Transportation Segment”

In terms of operations, the global material handling equipment market is categorized into transportation, distribution, assembly, and others. Amongst these, the transportation segment is expected to remain dominant in the global market during the forthcoming years owing to the increasing development of infrastructure, rising demand for online shopping, and growing demand for transportation and logistics.

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Regional Analysis for Material Handling Equipment Market:

  • North America (the USA and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico and Rest of Latin America)

Major Table of Contents:

  1. Introduction

    • Definition, By Segment

    • Research Approach

    • Sources

  2. Executive Summary

  3. Market Dynamics

    • Drivers, Restraints, and Opportunities

  4. Key Insights

    • Macro and Micro Economic Indicators

    • Consolidated SWOT Analysis of Key Players

    • Porter’s Five Forces Analysis

  5. Global Material Handling Equipment Market Analysis, Insights and Forecast, 2015-2026

    • Key Findings / Summary

    • Market Size Estimates and Forecasts

      • By Equipment Type (Value and Volume)

        • Cranes and lifting equipment

        • Industrial Trucks

        • Continuous Handling Equipment

        • Racking and Storage Equipment

      • By Operations (Value)

        • Assembly

        • Distribution

        • Transportation

        • Others

      • By End-Use Application (Value)

        • Consumer Goods and Electronics

        • Automotive

        • Food and Beverages

        • Pharmaceutical

        • Construction

        • Mining

        • Semi-conductors

        • Others (Aviation, Chemicals)

      • By Geography (Value)

        • North America

        • Europe

        • Asia Pacific

        • Middle East and Africa

        • Latin America

  1. North America Material Handling Equipment Market Analysis, Insights and Forecast, 2015-2026

    • Key Findings / Summary

    • Market Size Estimates and Forecasts

      • By Equipment Type (Value and Volume)

TOC Continued…!

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About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact:

Name: Ashwin Arora
Email:[email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

Press Release Distributed by The Express Wire

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