Learn about the global material handling market through The Business Research Company, which provides information on material handling market size, material handling market drivers and restraints, material handling market players, the COVID-19 impact on the material handling market, and more.

The global material handling market size is expected to grow from $35.18 billion in 2021 to $37.95 billion in 2022 at a compound annual growth rate (CAGR) of 7.9%. The global material handling market size is expected to grow to $56.16 billion in 2026 at a compound annual growth rate (CAGR) of 10.3%.

The growth of the material handling market witnessed growth owing to a rise in the e-commerce industry.

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The material handling market consists of sales of material handling machinery by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing material handling machinery and equipment such as jib crane, pallet jack, vertical carousel, and others. Only goods and services traded between entities or sold to end consumers are included.

Global Material Handling Market Segments Include:

By Type: Automated Guided Vehicles, Automated Storage And Retrieval Systems, Trucks And Lifts, Cranes, Pallet Racking, Conveying Systems, Hoists, Other Types

By Operations: Assembly, Distribution, Transportation, Other Operations

By End User: Food & Beverages, Automotive, Construction, Consumer Goods & Electronic, Pharmaceuticals, E-Commerce, Other End Users

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the material handling market in 2021.

Lithium-ion technology is an emerging trend in the material handling market. Li-ion batteries are environmentally friendly and offer higher energy densities than lead-acid or nickel-metal hydride batteries. It can store more electricity and is mostly preferred for electric vehicles that are used in material handling. Additionally, Lithium-ion batteries are lightweight, charge quickly, and doesn’t require cool-down intervals.

TBRC’s material handling market report covers:

Major Market Players: Toyota Industries Corporation, Daifuku Co, Ltd, Beumer Group, Liebherr Group, Dematic Group, Jungheinrich AG, Columbus McKinnon Corporation, Eisenmann AG, Crown Equipment Corporation, and Schaefer Systems International Pvt Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Material Handling Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides material handling market overviews, analyzes and forecasts market size, share, material handling market players, material handling market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s material handling market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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