The Business Research Company’s report goes into great detail on the material handling market size and growth, material handling market regional analysis, material handling market competitive landscape, and other critical information needed to excel in the material handling industry.

Major players in the material handling market include 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.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

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 equipment market size is expected to grow to $56.16 billion in 2026 at a CAGR of 10.3%.

Asia Pacific was the largest region in the material handling market in 2021.

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.

The increase in online shopping is expected to drive the material handling market during the period.

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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 Global Material Handling Market Report Is Segmented:
By Type: Automated Guided Vehicles, Automated Storage and Retrieval Systems, Trucks and Lifts, Cranes, Pallet Racking, Conveying Systems, Hoists, Others

By Operation: Assembly, Distribution, Transportation, Others

By End-User: Food and Beverages, Automotive, Construction, Consumer Goods and Electronics, Pharmaceuticals, E-Commerce, Others.

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Material Handling Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the material handling market globally and regionally, analyzes and forecasts market size, share, material handling market players, material handling market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Agriculture, Construction, And Mining Machinery Global Market Report 2022

Construction Machinery Global Market Report 2022

Machinery Global Market Report 2022

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