Press Release

Material Handling Equipment Market Insights with Latest Statistics and Growth Prediction to 2026

Top Players in Material Handling Equipment Market are 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

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 & Industry Analysis, By Equipment Type, By Operations, By End-use Application and Regional Forecast, 2019-2026,” the global material handling equipment market is expected to reach USD 354.03 Billion by 2026, thereby exhibiting a CAGR of 7.8% during the forecast period.

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The report further states that the global market size was valued at USD 194.73 Billion in 2018. Additionally, the expansion of packaging industry and 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.

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 & 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.

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 & 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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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 & lifting equipment
        • Industrial Trucks
        • Continuous Handling Equipment
        • Racking & Storage Equipment
      • By Operations (Value)
        • Assembly
        • Distribution
        • Transportation
        • Others
      • By End-Use Application (Value)
        • Consumer Goods & Electronics
        • Automotive
        • Food & 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. 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.

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

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About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. 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.

Contact:

Name: Ashwin Arora

Email: [email protected]

Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

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