The global “Material Handling Equipment Industry” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Material Handling Equipment Market Size, Share & Industry Analysis, By Equipment Type (Cranes & Lifting Equipment, Industrial Trucks, Racking & Storage Equipment), By Operations (Assembly, Distribution, Others), By Industry (Consumer Goods & Electronics, Automotive, Food & Beverages, Pharmaceutical, Construction, Others), and Regional Forecast, 2019-2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Material Handling Equipment Market share, types, applications, growth factor, key players and regions.
“The global material handling equipment market size stood at USD 194.73 Billion in 2018 is projected to reach USD 354.03 Billion by 2026, exhibiting a CAGR of 7.8% during the forecast period”
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- Other market trends
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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List of Top Key Manufacturers for Material Handling Equipment Market:
- Liebherr Group
- Columbus McKinnon Corporation
- Beumer Group
- KION GROUP AG
- Toyota Industries Corporation.
- Eisenmann SE
- Crown Equipment Corporation
- Daifuku Co., Ltd
- Hyster-Yale Materials Handling, Inc.
“Briggs Acquires MacKinnon to Expand the Former’s Material Handling Business”
Earlier, in July 2017, Briggs Construction Equipment, Inc., a leading supplier of material handling equipment, based in Dallas, announced that it acquired MacKinnon Equipment & Services, a seller of handling and construction machinery. The acquisition aids Briggs in expanding its material handling equipment business in Georgia and Florida. MacKinnon is currently functioning as a database administrator of Briggs without any changes in the business and leadership approaches. The entire transaction was completed on July 30. However, the details of the transaction are still confidential.
Analysis by Market Segmentation:
- By Equipment Type
- By Operations
- By End-use Application:
- By Geography: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Some of the Key Questions Answered in this Report:
- Detailed Overview of Material Handling Equipment Market will help deliver clients and businesses making strategies.
- Influencing factors that are thriving demand and latest trends running in the market.
- Material Handling Equipment Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
- What trends, challenges and barriers will impact the development and sizing of the Global Material Handling Equipment Market?
- SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
- What is the Material Handling Equipment Market growth momentum or market carries during the forecast period?
- Which region may tap the highest market share in the coming era?
- Which application/end-user category or Product Type may seek incremental growth prospects?
- What focused approach and constraints are holding the Material Handling Equipment Market demand?
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Regional Analysis for Material Handling Equipment Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
The Material Handling Equipment Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.
We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.
The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
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Major Table of Contents for Material Handling Equipment Market Research Report:
- Executive Summary
- Market Dynamics
- Key Material Handling Equipment Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Material Handling Equipment Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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