Research Report Explores the Material Handling Equipment Market for Period of 2017-2023

PUNE, India, 2017-Jun-22 — /EPR Network/ —

Global Material Handling Equipment Market Pointers:

Market Forecast:

Market Research Future published a half Cooked Research Report on Global Material handling Equipment Market. The Material Handling Equipment Market is expected to grow over the CAGR of around 7.5% during the period 2017 to 2023.

Market Drivers:

The major growth driver of the material handling equipment market is the increasing automation of the production process across all end-user industries such as automotive, and food & beverage. The market is further expected to be driven by the increased adoption of IoT (Internet of Things) among manufacturers.

Market Key Players:

The key players of Material Handling Equipment Market are Liebherr Group (Switzerland), KION Group AG (Germany), Jungheinrich AG (Germany), Viastore Systems GmbH (Germany), Eisenmann AG (Germany), Columbus McKinnon Corporation (U.S.), Crown Equipment Corporation (U.S.), Hytrol Conveyor Co., Inc. (U.S.), Xuzhou Heavy Machinery Co., Ltd. (China) and Toyota Industries Corporation (Japan).

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Market Research Analysis:

The Asia-Pacific region is expected to grow the fastest in the material handling equipment market, owing to the initiatives undertaken for promoting the establishment of manufacturing industries in the region such as Make in India. The region also has high scope for foreign direct investments, which in turn, is leading to the growth of the material handling equipment market in Asia-Pacific. The growth of the region can also be attributed to factors such as easy availability of low cost labor and the reduced transportation cost.

Scope of the Report:

This study provides an overview of the global material handling equipment market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Akash Anand,

Market Research Future

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Email: akash.anand@marketresearchfuture.com