Global Material Handling Equipment Market report from Global Insight Services is the single authoritative source of intelligence on Material Handling Equipment Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Material Handling Equipment (MHE) is a type of machinery used to move, store, or control materials within a warehouse, distribution center, or manufacturing facility. The purpose of MHE is to improve productivity, safety, and accuracy while reducing costs.
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Key Trends
There are several key trends in material handling equipment technology that are worth mentioning. Perhaps the most significant trend is the increasing use of robotics in material handling. This is being driven by the need for faster, more efficient, and more accurate material handling, as well as the desire to reduce labor costs.
Another key trend is the increasing use of sensors and other forms of automation to improve the efficiency of material handling equipment. This includes the use of sensors to track the movement of materials and automatically adjust the speed and direction of material handling equipment accordingly.
Key Drivers
There are a few key drivers of the Material Handling Equipment market. Firstly, the ever-growing e-commerce industry is driving the need for efficient and speedy material handling equipment, in order to meet the high demand for online orders.
Secondly, the increasing popularity of lean manufacturing methods is resulting in factories requiring smaller and more efficient equipment to move materials around the production floor.
Market Segmentation
By Product
- Storage and Handling Equipment
- Automated Storage and Retrieval System
- Industrial Trucks
By End use
- Automotive
- Food & Beverages
- Others
By Region
- North America
- The U.S.
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Key Players
- BEUMER Group
- Daifuku Co., Ltd.
- Honeywell International Inc.
- Kion Group AG
- Mecalux, S.A
- Murata Machinery Ltd.
- SSI Schaefer AG
- Swisslog Holding AG
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