San Francisco, 18
February, Material Handling Equipment Market Analysis By
Product (Storage & Handling Equipment, Automated Storage & Retrieval
System, Industrial Trucks, Bulk Material Handling Equipment), By Region, And
Segment Forecasts, 2018 – 2025.
The global material handling equipment market is
expected to reach USD 41.1 billion by 2025, according to a new report conducted
by Grand View Research, Inc. The rise in manufacturing activities in the
automotive, pharmaceutical, chemical, and food & beverage industries is
projected to spur demand. The growing concerns for workplace safety are
expected to remain a key driver.
The global material handling
equipment market is anticipated to witness a high growth over the forecast
period. This is accredited to the use of technologically advanced products,
such as hydraulic components which are incorporated into this equipment.
Furthermore, the integration of telematics solutions & tracking sensors
into these products is expected to gain traction in the near future, thereby
fueling the equipment sales. The rising espousal of automated storage and
retrieval systems is expected to further catapult the equipment market growth
over the next nine years.
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Report On Material Handling Equipment Market Analysis:
Further key findings from the report suggest:
·
Automated storage & retrieval
systems segment captured over 25% of the total revenue in 2015 and is projected
to exhibit a significant growth at a CAGR of over 6.9% from 2016 to 2025. This
growth is attributed to the surging espousal of automated equipment in
warehouses and manufacturing centers
·
On account of the wide scope of
applications, these products aid in moving, protecting, and storing goods in
warehouses. The e-commerce segment is expected to gain prominence over the
forecast period with an estimated CAGR exceeding 10.0%.
·
Asia Pacific emerged as the
fastest growing market and is expected to witness a healthy CAGR of over 7%,
which is primarily due to the rising manufacturing activities in the developing
countries of this region
·
The key purveyors in this
industry comprise Daifuku,SSI Schaefer,BEUMER Group, Kion Group (Dematic), and
Swisslog AG.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/automotive-and-transportation
Grand View Research has segmented the
global material handling equipment market on the basis of product, end-use, and
region:
Material Handling Equipment
Product Outlook (Revenue, USD Billion; 2014 - 2025)
·
Storage & handling
equipment
·
Automated storage &
retrieval system
·
Industrial trucks
·
Bulk material handling
equipment
·
Others
Material Handling Equipment
End-Use Outlook (Revenue, USD Billion; 2014 - 2025)
·
Automotive
·
Food & beverages
·
Chemical
·
Semiconductor & electronics
·
E-commerce
·
Aviation
·
Pharmaceutical
·
Others
Material Handling Equipment
Regional Outlook (Revenue, USD Billion; 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
o
France
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
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Press Release of this Report:
www.grandviewresearch.com/press-release/global-material-handling-equipment-systems-market
www.grandviewresearch.com/press-release/global-material-handling-equipment-systems-market
About Grand
View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/
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