Economies such as India, China, and Southeast Asia are attracting foreign investment, supporting infrastructure and industrial development, and thus creating new opportunities for growth. Public infrastructure development includes airports, train networks, seaports, and power plants. All of these activities may encourage the use of material handling equipment in the near future. Despite a slight decrease in demand for industrial applications in 2020, unprecedented growth in the e-commerce sector aided market growth throughout the pandemic.
Material Handling Equipment Market Report Scope and Research Methodology
The Competitive landscape provides growth strategies adopted by the suppliers in the Material Handling Equipment industry. The news covered in this section provides valuable thoughts at various levels while keeping up-to-date with the business and captivating stakeholders in the economic conflict. The competitive scenario in the Material Handling Equipment market report represents news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected for the Material Handling Equipment report help suppliers understand the loopholes in the marketplace and competitors’ strength and weakness thereby, providing insights to upgrade product and service. It provides the idea of its revenue generation into the overall Material Handling Equipment market compared to other vendors in the space. It provides insights into how players are performing in terms of revenue generation and customer base compared to others.
Material Handling Equipment Market Report Overview
Stellar Market Research provides a comprehensive analysis of Material Handling Equipment Market to provide a current snapshot of the market to understand its feature in an optimized way. The Material Handling Equipment market report presents market characteristics in terms of accumulation, segmentation, dominance, and combination traits. The report provides a Material Handling Equipment market overview by standard topics which are highlighted with customized data according to the necessity. This overview helps in decisions on how to approach the market and understand the context of the Material Handling Equipment industry.
Material Handling Equipment Market Size was valued nearly US$ 26.5 Bn. in 2020. Material Handling Equipment Market size is estimated to grow at a CAGR of 7% & is expected to reach at US$ 46.38 Bn. by 2027.
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Material Handling Equipment Market Key Players:
BEUMER Group
Daifuku Co., Ltd.
Honeywell International Inc.
Kion Group AG
Mecalux, S.A
Murata Machinery Ltd.
SSI Schaefer AG
Swisslog Holding AG
Toyota Material Handling Group
Vanderlande Industries B.V
Schaefer Holding International GmbH
Godrej
ACE
Om engineering
Beumer Group GmbH
Kardex AG
viastore systems Inc.
Material Handling Equipment Market Regional Insights
North America: U.S., Canada
Europe: U.K., Germany, Rest of Europe
Asia-Pacific: China, Japan, Rest of Asia Pacific
Latin America: Brazil, Mexico, Rest of Latin America
Middle East and Africa: GCC, Rest of MEA
Market size and forecast for these regional and country-level markets are presented in this Material Handling Equipment market report for the period 2020-2029.
Material Handling Equipment Market Segmentation:
The report includes Porter's Five Force Model, which aids in the development of market business strategies. The report assists in determining the number of competitors, who they are, and how their Storage & Handling Equipment quality is in the market. The report also examines whether it is easy for a new player to gain a foothold in the Global Material Handling Equipment Market, whether they enter or exit the market on a regular basis if the market is dominated by a few players, and so on.
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