The global material handling equipment market size was USD 266.2 billion in 2018 and is expected to grow at a CAGR of 6% over the forecast period. The growing demand for automation and modernization integration of manufacturing processes, the expansion of the aviation and e-commerce industries, the demand for transparency in supply chains and flexibility in warehouse operations are some of the factors expected to drive growth.
A full report of Material Handling Equipment Market available at https://www.orionmarketreports.com/material-handling-equipment-market/24298/
Key players in the material handling equipment market include Toyota Industries Corporation, KION GROUP AG, Jugheinrich AG, Daifuku Co., Ltd., Mitsubishi Caterpillar Forklift America, Inc., SSI Schaefer Group, Crown Equipment Corporation, Hyster-Yale Materials Handling, Inc., Honeywell Intelligrated, and Beumer Group GmbH & Co., Kg.
Material Handling Equipment Market Segmentations
By Product
• Storage and Handling Equipment
• Automated Storage and Retrieval System
• Industrial Trucks
• Bulk Material Handling Equipment
• Others
By End-Use
• Automotive
• Food & Beverages
• Chemical
• Semiconductor & Electronics
• E-Commerce
• Aviation
• Pharmaceutical
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
