Material handling equipment industry analysis research and trends report 2025

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Material handling equipment market trends
research and projections for 2019- 2025
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• According to latest research report by GMI,
  Material handling equipment market size will
  surpass USD 200 billion by 2025.
• High competition within the industry has resulted
  in the surging adoption of advanced technologies
  that help all the business processes, related to
  Food beverage, food retail, 3PL and general
  merchandise among others.
• The rising need to improve productivity within
  the industrial facilities will considerably fuel
  demand for efficient material handling equipment.
  
• Rapid improvement in the industrial sector with
  enhanced productivity in the developing nations
  will foster the development of modernized
  machines for handling different aspects of
  manufacturing and logistics processes.
• There has been a rise in automated manufacturing
  activities over the years wherein firms have
  adopted advanced technologies like IoT in
  logistics and big data analytics to be able to
  manage all the operational requirements.

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• Government lays down several initiatives and
  provides major financial support that is in the
  form of tax benefits and reduced duties. Such
  incentives fuel small enterprises to secure a
  strong foothold within the industry.
• Massive use of automated systems and machines
  ensure effective work operations as well as
  monetary benefits to all such SMEs, as large
  amount of labor costs are saved.
• The bulk material handling equipment market share
  has been experiencing significant demand due to
  the rise in the need to control and transport
  large volumes of materials.
• The equipment essentially manages and supports
  the infrastructure and is an important link for a
  quick efficient delivery.
• Warehouses, distribution centers and
  manufacturing plants have been increasingly
  demanding AS/RS material handling equipment for
  picking up orders.

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• Regional Analysis

• Latin America material handling equipment
  industry forecast will exhibit notable growth
  prospects in the forthcoming years due to rapid
  industrialization as well as the growing
  manufacturing sector in the region. The
  manufacturing companies have been opting for
  advanced material handling solutions for ensuring
  higher bottom lines and improving productivity,
  that has resulted in the economic development of
  the region.

• Competitive Analysis

• Prominent manufacturers comprising the material
  handling equipment industry include Daifuku Co.,
  Ltd., Kion Group AG, Hyster-Yale Materials
  Handling, Intelligrated, Inc., KUKA AG and
  Columbus McKinnon, among others.

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