Global Material Handling Equipment Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Material Handling Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Material Handling Equipment estimated at US$125.7 Billion in the year 2020, is projected to reach a revised size of US$171.1 Billion by 2027, growing at a CAGR of 4.5% over the analysis period 2020-2027.

Conveying Equipment, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$50.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Industrial Trucks & Lifts segment is readjusted to a revised 4.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $33.3 Billion, While China is Forecast to Grow at 6.6% CAGR

The Material Handling Equipment market in the U.S. is estimated at US$33.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$34.1 Billion by the year 2027 trailing a CAGR of 6.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 3.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Hoists, Cranes, & Monorails Segment to Record 4.3% CAGR

In the global Hoists, Cranes, & Monorails segment, USA, Canada, Japan, China and Europe will drive the 4.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$12.4 Billion in the year 2020 will reach a projected size of US$16.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 466 Featured) -

• BEUMER Group GmbH & Co. KG
• Columbus McKinnon Corp.
• Crown Equipment Corp.
• Daifuku Co., Ltd.
• Jervis B. Webb Company
• Eisenmann SE
• Flexlink AB
• Honeywell Intelligrated
• Hyster-Yale Materials Handling, Inc.
• Hytrol Conveyor Co., Inc.
• Interroll Group
• Jungheinrich AG
• KION Group AG
• Dematic Group
• Liebherr Group
• Mitsubishi Caterpillar Forklift America Inc.
• Murata Machinery, Ltd.
• SSI Schaefer - Fritz Schaefer GmbH
• Swisslog Holding AG
• Toyota Industries Corp.
• Vanderlande Industries Nederland B.V.
• Viastore Systems GmbH
• WITRON Logistik + Informatik GmbH

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Pandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDP
• Industrial Activity to Remain Subdued in the Immediate Term
• Material Handling Equipment: A Review
• Classification of Material Handling Equipment
• Conveying Equipment
• Industrial Trucks and Lifts
• Hoists, Cranes, and Monorails
• Automated Storage and Retrieval System (AS/RS)
• Other Segments
• Major Application Segments
• Third-party Logistics
• E-Commerce & General Merchandise
• F&B Manufacturing & Retail
• Consumer Durables
• Other Applications
• End-Use Markets: Brief Overview
• Aerospace, Automobile and Shipping
• Agriculture
• Building and Construction
• Electrical & Electronic Equipment
• Industrial Machinery
• Postal/Express Delivery
• Warehousing
• Industry Overview
• Material Handling Equipment: An Integral Part of Supply Chain
• Growth Drivers in Nutshell
• Industrial Trucks & Lifts: Most Dominant Segment
• 3PL, E-Commerce and F&B Manufacturing & Retail: Three Major Application Markets Driving Growth
• Impact of GDP Growth on MHE Market
• Increasing Industrial & Infrastructural Activities
• North America and Asia Command the Material Handling Equipment Market
• Developing Countries to Set the Growth Pace
• China Remains an Important Market

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Global Material Handling Equipment Market Heading towards Substantial Gains
• Trend towards Industry 4.0 Redefines Material Handling Equipment Market
• The Internet of Things Gains Prominence
• Cloud Computing: Powering e-commerce
• Predictive Analytics: Simplify Decision Making
• Big Data: Helps Identify the Best WM Practices
• Mobility Devices Take Center Stage
• Wearable Devices: Pilot Adoption Underway
• 3D Printing to Transform the Supply Chain
• Integration of MHE with Warehouse Management Systems
• Third Party Logistics (3PL): Expanding in Industrial Manufacturing, Retail and Wholesale Sectors
• Technology Tools Seek Wider Role in 3PL Domain
• Expanding Retail Industry Generates Significant Opportunities
• e-Commerce Emerges as New Growth Driver
• Uptrend in e-Commerce Impacts Automated Conveyor Systems
• Food & Beverage Manufacturing & Retail: One of the Leading Application Markets
• Growing Importance of Automation & Technology Drive MHE in F&B Industry
• Material Handling Market Steps Up Focus on Sustainability
• Aging Workforce Drives Demand for Automated and Ergonomic Systems
• Focus Intensifies on Cost-Effective MH Solutions
• Traditional Supply Chain Facing Stiff Competition from Omnichannel Commerce
• Technological Advances to Propel the Industry
• Driverless Vehicles and Drones: No Longer a Distant Reality
• Productivity and Safety Gain Immense Attention
• Voice Recognition Systems Find Way
• Select Product and Application Trends
• Demand Goes Strong for Smart Conveyor Equipment
• Modular Designed Conveyor Systems Add Versatility
• Factors Influencing Demand for Conveyors

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/f8ve7h