Material Handling Equipment Market Overview, Potential Growth and Strategic Outlook till 2025

Material Handling Equipment Market Overview,
Potential Growth and Strategic Outlook till 2025
“The increasing demand for retrieval systems and automated storage in pharmaceutical, food & beverages,
chemical, and automotive industries are expected to be a key driving factor of the market growth due to the
adoption of equipment by manufacturers in warehouses as well as the distribution & production centers.”
The global Material Handling Equipment Market size is anticipated to reach $41.1 billion by 2025. The market is
projected to witness the high growth owing to the increasing manufacturing activities in the pharmaceuticals,
chemical, food & beverages and automotive industries paired with safety concerns over the workplace. Moreover, a
technological development like robotic arms, escalators, automation, etc. started an evolution in the industries which
efficiently perform tasks with error free and time & cost saving manufacturing processes, may fuel the market growth.
The increasing demand for retrieval systems and automated storage in pharmaceutical, food & beverages, chemical,
and automotive industries are expected to be a key driving factor of the market growth due to the adoption of
equipment by manufacturers in warehouses as well as the distribution & production centers.
The product handling equipment reduces the cost as well as the risk of damaging a product due to manual
transportation and processing activities. Trucks are the dominating segment of handling equipment and had the
highest market share in 2015. However, retrieval systems & automated storage is likely to acquire significant market
share over the forecast period owing to increased adoption of the automation systems across the APAC.
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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.
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.
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.
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Market Segment:
Material Handling Equipment Product Outlook (Revenue, USD Billion; 2014 - 2025)
• Storage & handling equipment

• Automated storage & retrieval system
• Industrial trucks
• Bulk material handling equipment
• Others
Material Handling Equipment End-Use Outlook (Revenue, USD Billion; 2014 - 2025)
• Automotive
• Food & beverages
• Chemical
• Semiconductor & electronics
• E-commerce
• Aviation
• Pharmaceutical
• Others
Material Handling Equipment Regional Outlook (Revenue, USD Billion; 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Asia Pacific
• China

• India
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa
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