Industry Outlook
Industrial manufacturing and processing across several products witnessing a more sophisticated and organized approach by incorporating material handling equipment. The equipment is used to sort, transport, orient and handle material used during a production or storage process quickly and effectively. Owing to these properties almost every industry is approaching to make material handling equipment as a part of their production line. Growing industrial manufacturing and logistics sector creating tremendous demand for such equipment. Consequently, material handling equipment market posted a market value of US$ 138.54 Bn in 2017. The number anticipated to beef up to US$ 224.08 Bn in 2026 with a growth of 5.5% throughout the forecast period from 2018 to 2026.
Market Synopsis
Industrial Trucks & Forklifts to Drive Away the Top Spot
Industrial truck and forklifts are the indivisible part of any major manufacturing plant as they carry heavy load on the shop floor much faster than human material handlers. This equipment also plays a vital role in inventory control and warehouse management. Being a major part of material handling, industrial trucks and forklift acquire the majority of market share in overall material handling equipment market. The truck & forklift is closely followed by conveyors in terms of market value. Conveyors are the most common material handling system available and an essential component for unattended material transit within the manufacturing unit. Other equipment including cranes & hoist, pallets, racks, and shelves also claim a fair share in the overall market. Automated material handling equipment is the fastest growing equipment and projected to grow leaps and bounds in coming years. Major manufacturers and robotic companies are focusing on improving automated material handling devices and the sub-segment expected to takeover tradition equipment during and beyond forecast period from 2018 to 2026.
Automotive and Manufacturing & Processing Faces each other for the Pinnacle Position
With respect to end-use industries, manufacturing & processing and automotive industry face-off each in close quarters for the majority of market share and market value. The exponential growth of automotive industry and introduction of advanced assembly lines created a positive impact on the demand for the material handling equipment. Manufacturing & processing sector also running on full scale and the scale is on a way to perpetual rise along with the need for more sophisticated material handling equipment. Besides, transportation & logistics are the fastest growing segment in material handling equipment market. Growing global trade and consistent rise in e-commerce depends heavily on material handling equipment and have a high contingency of achieving significant market value in coming years.
Asia Pacific to Reign Supreme over North America and Europe in terms of Market Value
Presence of developing countries and high concentration of automotive and manufacturing process units crowned Asia Pacific as the leading region in material handling equipment market. Countries such as China, India, South Korea, and Taiwan among other witnessing a tremendous growth in their manufacturing capacities and are procuring more material handling methods for enhancing their capabilities. North America trails Asia Pacific in terms of market value. The region one of the earliest to adopt automated material handling equipment and industrial automation is growing at a brisk pace in this region. Europe does not lag far behind of North America in terms of market value.
Market Segmentation
by Equipment Type
by End-use Industry (2016–2026; US$ Bn)
Geography Segment (2016–2026; US$ Bn)
Good Opportunities Brought tug-of-war Between Local and International Players in Material Handling Equipment Market
Growing market prospect created an impulse between local and international material handling equipment manufacturers. Presence of several players made the market fragmented and intense competition ignited between them to maintain the market position. Companies are introducing their state-of-the-art equipment such as ASRS and AGV to bring technological innovation to the market. Besides, carrying out strategies acquisition and creating long-term partnership is a common strategy observed in recent time. Companies are striving day-in and day-out to retain their customers’ faith and expand their geographical presence. The research study include business strategies and recent development of few of the most prominent players in material handling equipment market includes Liebherr Group, Daifuku Co., Ltd., , Kion Group AG, Flexlink, Hyster-Yale Materials Handling, Inc.,Viastore Systems GmbH, Crown Equipment Corporation, Toyota Industries Corporation, Hytrol Conveyor Co., Inc., JBT Corporation, Intelligrated, Inc., Dematic GmbH & Co., KG., Columbus McKinnon, and KUKA AG among others.
Key questions answered in this report
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Material Handling Equipment Market
2.2 Global Material Handling Equipment Market, by Equipment Type
2.3 Global Material Handling Equipment Market, by End-use Industry
2.4 Global Material Handling Equipment Market, by Geography
Chapter 3 Market Dynamics
3.1 Global Material Handling Equipment Market Overview
3.1 Market Dynamics
3.1.1 Market Drivers
3.1.1.1 Perpetual Growth in Automotive Industry
3.1.1.2 Growing Importance of Material Handling in Industrial manufacturing & Processing
3.1.1.3 Introduction of Robotics and Automated Material Handling Equipment
3.1.2 Market Challenges
3.1.2.1 Highly Fragmented and Unorganized Market
3.2 See-Saw Analysis
3.2.1 Impact Analysis of Drivers and Restraints
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Players, 2017
3.4.1 Major Strategies Adopted by Key Players
Chapter 4 Global Material Handling Equipment Market Analysis, by Equipment Type
4.1 Overview
4.1.1 Global Material Handling Equipment Market Value Share, by Equipment Type, 2017 & 2026 (Value, %)
4.1.2 Global Material Handling Equipment Market Value, by Equipment Type, 2016 – 2026 (US$ Bn)
4.2 Conveyors
4.2.1 Global Material Handling Conveyors Market, 2016 – 2026 (US$ Bn)
4.3 Industrial Truck & Forklift
4.3.1 Global Industrial Trucks & Forklift Market, 2016 – 2026 (US$ Bn)
4.4 Crane & Hoist
4.4.1 Global Material Handling Crane & Hoist Market, 2016 – 2026 (US$ Bn)
4.5 Pallet, Rack & Shelve
4.5.1 Global Material Handling Pallet, Rack & Shelve Market, 2016 – 2026 (US$ Bn) 38
4.6 Automated Equipment
4.6.1 Global Automated Material Handling Equipment Market, 2016 – 2026 (US$ Bn)
Chapter 5 Global Material Handling Equipment Market Analysis, by End-use Industry
5.1 Overview
5.1.1 Global Material Handling Equipment Market Value Share, by End-use Industry, 2017 & 2026 (Value, %)
5.1.2 Global Material Handling Equipment Market Value, by End-use Industry, 2016 – 2026 (US$ Bn)
5.2 Automotive
5.2.1 Global Material Handling Equipment Market for Automotive, 2016 – 2026 (US$ Bn)
5.3 Manufacturing & Processing
5.3.1 Global Material Handling Equipment Market for Manufacturing & Processing, 2016 – 2026 (US$ Bn)
5.4 Packaging
5.4.1 Global Material Handling Equipment Market for Packaging, 2016 – 2026 (US$ Bn)
5.5 Transportation & Logistics
5.5.1 Global Material Handling Equipment Market for Transportation & Logistics, 2016 – 2026 (US$ Bn)
5.6 Oil & Gas
5.6.1 Global Material Handling Equipment Market for Oil & Gas, 2016 – 2026 (US$ Bn)
5.7 Building & Construction
5.7.1 Global Material Handling Equipment Market for Building & Construction, 2016 – 2026 (US$ Bn)
5.8 Others
5.8.1 Global Material Handling Equipment Market for Other Industries, 2016 – 2026 (US$ Bn)
Chapter 6 North America Material Handling Equipment Market Analysis
6.1 Overview
6.1.1 North America Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
6.2 North America Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
6.2.1 Comparative Analysis
6.3 North America Material Handling Equipment Market Analysis, by End-use Industry, 2016 – 2026 (US$ Bn)
6.3.1 Comparative Analysis
6.4 North America Material Handling Equipment Market Analysis, by Country, 2016 – 2026 (US$ Bn)
6.4.1 U.S.
6.4.2 Rest of North America
Chapter 7 Europe Material Handling Equipment Market Analysis
7.1 Overview
7.1.1 Europe Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
7.2 Europe Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
7.2.1 Comparative Analysis
7.3 Europe Material Handling Equipment Market Analysis, by End-use Industry, 2016 – 2026 (US$ Bn)
7.3.1 Comparative Analysis
7.4 Europe Material Handling Equipment Market Analysis, by Country, 2016 – 2026 (US$ Bn)
7.4.1 U.K.
7.4.2 Germany
7.4.3 France
7.4.4 Rest of Europe
Chapter 8 Asia Pacific Material Handling Equipment Market Analysis
8.1 Overview
8.1.1 Asia Pacific Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
8.2 Asia Pacific Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
8.2.1 Comparative Analysis
8.3 Asia Pacific Material Handling Equipment Market Analysis, by End-use Industry, 2016 – 2026 (US$ Bn)
8.3.1 Comparative Analysis
8.4 Asia Pacific Material Handling Equipment Market Analysis, by Country, 2016 – 2026 (US$ Bn)
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
Chapter 9 Rest of the World (RoW) Material Handling Equipment Market Analysis
9.1 Overview
9.1.1 RoW Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
9.2 RoW Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
9.2.1 Comparative Analysis
9.3 RoW Material Handling Equipment Market Analysis, by End-use Industry, 2016 – 2026 (US$ Bn)
9.3.1 Comparative Analysis
9.4 RoW Material Handling Equipment Market Analysis, by Country, 2016 – 2026 (US$ Bn)
9.4.1 Middle East & Africa (MEA)
9.4.2 Latin America
Chapter 10 Company Profiles
10.1 Daifuku Co., Ltd.
10.2 Hyster-Yale Materials Handling, Inc.
10.3 Liebherr Group
10.4 KUKA AG
10.5 Kion Group AG
10.6 JBT Corporation
10.7 Flexlink, Viastore Systems GmbH
10.8 Crown Equipment Corporation
10.9 Toyota Industries Corporation
10.10 Hytrol Conveyor Co., Inc.
10.11 Intelligrated, Inc.
10.12 Dematic GmbH & Co., KG.
10.13 Columbus McKinnon
FIG. 1 Global Material Handling Equipment Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Material Handling Equipment Market Segmentation
FIG. 4 Global Material Handling Equipment Market, by Equipment Type, 2017 (US$ Bn)
FIG. 5 Global Material Handling Equipment Market, by End-use Industry, 2017 (US$ Bn)
FIG. 6 Global Material Handling Equipment Market, by Geography, 2017 (US$ Bn)
FIG. 7 Global Material Handling Equipment Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
FIG. 8 See-Saw Analysis: Global Material Handling Equipment Market
FIG. 9 Attractive Investment Proposition, by Geography, 2017
FIG. 10 Global Market Positioning of Key Material Handling Equipment Companies, 2017
FIG. 11 Global Material Handling Equipment Market Value Share, by Equipment Type, 2017 & 2026 (Value, %)
FIG. 12 Global Material Handling Conveyors Market, 2016 – 2026 (US$ Bn)
FIG. 13 Global Industrial Trucks & Forklift Market, 2016 – 2026 (US$ Bn)
FIG. 14 Global Material Handling Crane & Hoist Market, 2016 – 2026 (US$ Bn)
FIG. 15 Global Material Handling Pallet, Rack & Shelve Market, 2016 – 2026 (US$ Bn)
FIG. 16 Global Automated Material Handling Equipment Market, 2016 – 2026 (US$ Bn)
FIG. 17 Global Material Handling Equipment Market Value Share, by End-use Industry, 2017 & 2026 (Value, %)
FIG. 18 Global Material Handling Equipment Market for Automotive, 2016 – 2026 (US$ Bn)
FIG. 19 Global Material Handling Equipment Market for Manufacturing & Processing, 2016 – 2026 (US$ Bn)
FIG. 20 Global Material Handling Equipment Market for Packaging, 2016 – 2026 (US$ Bn)
FIG. 21 Global Material Handling Equipment Market for Transportation & Logistics, 2016 – 2026 (US$ Bn)
FIG. 22 Global Material Handling Equipment Market for Oil & Gas, 2016 – 2026 (US$ Bn)
FIG. 23 Global Material Handling Equipment Market for Building & Construction, 2016 – 2026 (US$ Bn)
FIG. 24 Global Material Handling Equipment Market for Other Industries, 2016 – 2026 (US$ Bn)
FIG. 25 North America Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 26 U.S. Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 27 Rest of North America Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 28 Europe Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 29 U.K. Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 30 Germany Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 31 France Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 32 Rest of Europe Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 33 Asia Pacific Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 34 China Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 35 Japan Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 36 India Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 37 Rest of Asia Pacific Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 38 RoW Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 39 Middle East & Africa (MEA) Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
FIG. 40 Latin America Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
TABLE 1 Market Snapshot: Global Material Handling Equipment Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
TABLE 5 Global Material Handling Equipment Market, by End-use Industry, 2016 – 2026 (US$ Bn)
TABLE 6 North America Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
TABLE 7 North America Material Handling Equipment Market, by End-use Industry, 2016 – 2026 (US$ Bn)
TABLE 8 Europe Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
TABLE 9 Europe Material Handling Equipment Market, by End-use Industry, 2016 – 2026 (US$ Bn)
TABLE 10 Asia Pacific Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
TABLE 11 Asia Pacific Material Handling Equipment Market, by End-use Industry, 2016 – 2026 (US$ Bn)
TABLE 12 RoW Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
TABLE 13 RoW Material Handling Equipment Market, by End-use Industry, 2016 – 2026 (US$ Bn)
TABLE 14 Daifuku Co., Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 15 Hyster-Yale Materials Handling, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 16 Liebherr Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 17 KUKA AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 18 Kion Group AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 19 JBT Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 20 Flexlink, Viastore Systems GmbH: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 21 Crown Equipment Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 22 Toyota Industries Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 23 Hytrol Conveyor Co., Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 24 Intelligrated, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 25 Dematic GmbH & Co., KG.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 26 Columbus McKinnon: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
