Material Handling Equipment Market Size Estimation, and Advancement Outlook till 2025

Product Insights
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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Regional Insights
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.
The rapid global development of e-commerce and industrialization are projected to boost the demand for the market in
warehouses. Moreover, Middle East, Africa and Latin America are anticipated to make massive investments in the
material handling equipment market.
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.