Global Material Handling Equipment Market is Set to Expand at a CAGR of 5.2% During the Forecast Period 2016-2024

New York, USA, 2018-Sep-29 — /EPR Network/ —According to Goldstein Research, booming e-commerce industry has significantly augmented the material handling equipment market size owing to escalating need for faster deliveries to better cater to the consumers’ demand in the competitive landscape. Many major players in the e-commerce industry are installing a warehouse management system (WMS) for real-time monitoring of inventory levels and to categorize the stock locations. Moreover, with the introduction of automated equipment’s and IoT, the global material handling equipment market is likely to witness demand for novel products and services over the forecast period.

Global material handling equipment market outlook also includes new business models, product developments and capital investment as the key strategies adopted by the major players for a significant expansion of business across the globe. The global material handling equipment industry report also recognizes value chain analysis to understand the cost differentiation to provide a competitive advantage to the existing and new entry players.

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Market Segmentation

On the basis of our in-depth analysis, a global material handling equipment market can be segmented as follows:

By Product Type

  • Storage Equipment
  • Conveyor systems
  • Robotic delivery systems
  • Automatic guided vehicles (AGV)
  • Industrial Trucks & Lifts

By Applications Type

  • Storage and Retrieval
  • Transportation
  • Assembly
  • Packaging
  • Distribution

By Services

  • Software and Hardware (Installation and Up-gradations)
  • Training
  • Support and Maintenance

By End Users

  • Marine and Air Ports
  • Manufacturing Sector
  • Transportation and Logistics
  • Construction Industry
  • E-commerce

By Geography

  • North America {Market Share (%), Market Size (USD Billion)}
  • Europe {Market Share (%), Market Size (USD Billion)}
  • The Middle East and Africa {Market Share (%), Market Size (USD Billion)}
  • Latin America {Market Share (%), Market Size (USD Billion)}
  • Asia Pacific {Market Share (%), Market Size (USD Billion)}

“Material Handling Equipment Market Outlook 2024contains a detailed overview of the global material handling equipment market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product, by application, by services, and by end users.

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Further, for the in-depth analysis, Global Material Handling Equipment Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Daifuku Co., Ltd., SSI Schaefer, Hyster-Yale Material Handling, Inc., Jungheinrich AG, KION Group AG, Toyota Industries Corporation etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report denotes the global material handling equipment market past and present trends along with market projections that will assist industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market-centric approaches according to the ongoing and expected trends in the future.

Key queries countered in this global material handling equipment market report

  • What is the global material handling equipment market size by 2024 and what would be the expected growth rate of sales?
  • What is the material handling equipment market trends?
  • What are the dynamics which are driving this market?
  • What are the major barriers to material handling equipment market growth?
  • Who are the prominent vendors in this market space?
  • What are the market prospects for the current and entry-level players?
  • What are the latest improvements and market strategies of the key players?

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on industrial automation industry reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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Browse Similar Report: Automated Material Handling Equipment Industry Report

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