DUBLIN--(BUSINESS WIRE)--Dec 22, 2022--

The “Global Material Handling Equipment Market 2022-2026” report has been added to ResearchAndMarkets.com’s offering.

The global material handling equipment demand is forecast to grow 5.1% annually through 2026 to $194.5 billion, supported by:

• Expanding global agricultural, energy, forestry, manufacturing, mining, and logistics and transportation sectors
• Surging e-commerce and the related construction of new facilities
• Increasing use of state-of-the-art material handling equipment technologies in mature markets because of growing concerns about workforce issues
• Shifts toward more capable and reliable models, as well as reduced use of manual material handling techniques in developing nations
• The adoption of new product standards, industry regulations, and environmental rules that encourage investment in new machines
• A rebound in global tourism activity, which will encourage product sales at airports, ports, entertainment facilities, and retail locations

Companies Mentioned

• Crown Equipment
• Daifuku
• KION Group
• Mitsubishi Heavy Industries
• Toyota Industries

Labor Shortages & New Worker Protections Support Gains in the Large Manufacturing Market

Manufacturing, particularly of durable goods, has long dominated the market for material handling equipment. Durable goods are widely used and labor-intensive to manufacture without machinery, making them among the first applications in which significant machinery investment is worthwhile in developing areas.

Despite this large established base, manufacturing markets continue to offer strong opportunities for new sales. Industrial enterprises around the world will increasingly replace older material handling equipment with newly developed technologies because of intensifying competition, adoption of new government regulations, and growing concerns about a variety of workforce issues.

Workforce issues are of particular importance in driving sales of new material handling equipment. Labor shortages, rising labor costs, and skilled technician shortages will push manufacturers in many countries to invest in automated models. The adoption of new worker protections will similarly encourage the shift to newly developed models with greater capabilities and additional safety features.

Trade & Distribution Market to Record Fastest Growth

The diverse trade and distribution segment of the global material handling equipment market is forecast to grow at the fastest rate of any market, aided by surging e-commerce activity and a rebound in international trade. Among trends boosting demand are:

• purchase of material handling equipment for use in new warehouses, fulfillment centers, and customs facilities
• construction of new retail and wholesale establishments as tourism continues to recover around the world
• use of high-value, advanced material handling technologies - such as automated storage and retrieval systems and automated guided vehicles - in trade and distribution applications

Key Topics Covered:

1. Executive Summary

2. Impact of COVID-19 Pandemic

• COVID-19 General Trends
• Impact on the Economy
• Impact on the Construction Industry
• Impact on the Global Material Handling Equipment Industry

3. Overview

• Study Scope
• Historical Trends
• Regional Outlook
• Demand by Region
• Production by Region
• International Trade
• Pricing Patterns
• Legal & Regulatory Factors
• Regional Variation
• Product Safety & Technical Standards
• Emission Standards
• Technology, Innovation, & Automation

4. Products

• Demand by Product
• Industrial Trucks & Tractors
• Scope & Product Description
• Demand by Region
• Suppliers
• Conveying Equipment
• Scope & Product Description
• Demand by Region
• Suppliers
• Hoists
• Scope & Product Description
• Demand by Region
• Suppliers
• Cranes & Monorails
• Scope & Product Description
• Demand by Region
• Suppliers
• Automated Storage & Retrieval Systems
• Scope & Product Description
• Demand by Region
• Suppliers
• Automated Guided Vehicles (AGVs) & Related Equipment & Software
• Scope & Product Description
• Demand by Region
• Suppliers

5. Markets

• Demand by Market
• Manufacturing
• Mining
• Construction
• Trade & Distribution
• Other Markets

6. North America

7. Central & South America

8. Western Europe

9. Eastern Europe

10. Asia/Pacific

11. Africa/Mideast

12. Industry Structure

• Key Findings & Industry Composition
• Market Share
• Mergers & Acquisitions
• List of Industry Participants

13. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/uj3uqa

View source version on businesswire.com:https://www.businesswire.com/news/home/20221222005227/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 12/22/2022 06:08 AM/DISC: 12/22/2022 06:07 AM

http://www.businesswire.com/news/home/20221222005227/en