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Global Material Handling Equipment Market Report and Forecast

Sofia Williams
Global Material Handling Equipment Market Report and Forecast

The new report by Expert Market Research titled, ‘The Global Material Handling Equipment Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global material handling equipment market, assessing the market based on its segments like applications, manufacturing process and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/material-handling-equipment-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 30.5 billion
  • Forecast CAGR (2021-2026): 2%
  • Forecast Market Size (2026): USD 46.4 billion

The increased demand for automation and modernization in manufacturing techniques to make the manufacturing process simpler and cost-effective is driving the global material handling equipment market. Material handling is an essential component in the manufacturing process. It does not directly contribute to the manufacturing of items, but it improves the efficiency of product handling, management, storage, and transportation. This equipment helps to ensure that products are circulated swiftly, smoothly, and efficiently during the production process.

Industry Definition and Major Segments

Material handling equipment is a type of mechanical equipment that is used in warehouses to handle the movement, storage, transportation, control, and protection of objects and supplies throughout the production process. The technology provides a more economical and efficient method of transporting goods between industrial units.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/material-handling-equipment-market

By industry, the market is divided into:

By functions, the market is divided into:

By region, the industry is categorized into:

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East and Africa

Market Trends

The development of the aviation and e-commerce sectors, as well as the desire for supply chain transparency and flexibility in warehouse activities, and the increased demand for enhanced storage and transportation of goods in warehouses, are all contributing to the industry's growth. It ensures higher productivity by optimizing logistics in warehouses and industrial plants. These solutions provide a cost-effective, process-efficient, and precise method for transferring items quickly between production plants and warehouses, resulting in increased demand and assisting industry growth. The increased use of material handling equipment in emerging economies such as India is predicted to boost worldwide industry growth. Manufacturing and other sectors are constantly receiving massive amounts of foreign capital, resulting in increased manufacturing operations.

Latest News on Global Material Handling Equipment Market@ https://www.expertmarketresearch.com/pressrelease/material-handling-equipment-market

Key Market Players

The major players in the market are Daifuku Co., Ltd., Jungheinrich AG, BEUMER Group, Kion Group AG, Toyota Industries Corporation, Hyster-Yale Materials Handling, Inc., JBT Corporation, among Others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc. Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A. Email: [email protected] Toll Free Number: +1-415-325-5166 | +44-702-402-5790 Address: 30 North Gould Street, Sheridan, WY 82801, USA City: Sheridan State: Wyoming Country: United States Website: https://www.expertmarketresearch.com

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Sofia Williams
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