Material Handling Equipment Market Size & Forecast Report, 2014 - 2025
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A variety of Automated, semi-automated, and manual material handling equipment lower the handling cost,
shorten the delivery time and reduces the risk of damage and inventory. Thus, the adoption of material
handling equipment is projected to upsurge.
End-use Insights
The e-commerce industry is anticipated to persist as a leading and fastest growing segment of the end-use due
to the rising adoption of material handling equipment for storage & transportation purpose in a warehouse.
These mechanical products used for the movement of goods, storage, tracking products, organization of
orders and protection of material. Thus, they reinforce the operational capability, handle warehouse activities
efficiently, and streamline the supply chain.
The flourishing e-commerce and manufacturing industries like textile, chemical, automotive, food & beverage,
and pharmaceutical inducing a demand for warehousing the goods for managing and storing purposes. Thus,
material handling systems act as a key factor in managing external and internal manufacturing/warehousing
operations. They are widely used in the automotive industry owing to lessen the labor intensity, improved
production activities, and timely delivery of goods or material.
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Europe is one of the dominating regions with a significant market share in 2015 and estimated over 35% of the
sector share. However, APAC is expected to grow at a CAGR of over 7% making the region a fastest growing
market in the forecast period. The increase in the manufacturing facilities, paired with the expansion of the e-
commerce and industrial sector in APAC, is likely to drive the material handling equipment market in the
region. Moreover, the mounting importance of safety at a workplace in manufacturing and chemical industries
is projected to increase the demand in the forecast period.
Competitive Insights
The market is highly competitive with the existence of major players and small vendors supplying a broad
range of the equipment. Furthermore, the industry is witnessing joint ventures or acquisitions. For instance, in
2015, SSI Schaefer acquired MoTuM NV and included Automated Guided Vehicles (AGV) in its product
portfolio.
Additionally, manufacturers are adopting automation to sustain in the market. At present, the sector is
dominated by global players, like SSI Schaefer, Daifuku, Murata Machinery Ltd., Kion Group (Dematic),
Mecalux S.A., and Vanderlande Industries B.V.