Material Handling Equipment (MHE) Industry Report 2020-2025: Industry 4.0, IoT & IIoT, Cloud Computing, Big Data, Mobility Devices, 3PL, and More

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Jan 28, 2020, 19:30 ET

DUBLIN, Jan. 28, 2020 /PRNewswire/ -- The "Material Handling Equipment - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The global market for Material Handling Equipment is projected to reach US$190.3 billion by 2025, driven by the strong emphasis shed on production and operational efficiency and worker safety.

Automation will help eliminate accidents and occupational safety issues associated with manual labor contributing towards better worker safety, health, wellness, and reduced company expenditure on employee insurance and compensation. The importance of the financial savings that can accrue from ensuring conformance to safety regulations cannot be undermined especially against the backdrop where legislations are becoming stringent and exceedingly punitive.

Efficient material handling therefore offers smart financial benefits in manufacturing and warehousing sectors. While in the manufacturing sector, demand is driven by automation of manufacturing processes against a backdrop of growing pressure to optimize raw material, resource and energy consumption, in the warehousing sector robust increase in urban logistics and a result of the boom in e-retailing is helping fuel growth.

Growing popularity of same day deliveries for eCommerce fulfillment as a service differentiator is also strengthening the business case for mechanized and automated handling of materials. Also driving growth in the market is continuous technology developments and the resulting launch of sophisticated equipment with high levels of safety and well-researched ergonomics; and automation features that improve throughput and efficiencies.

Other noteworthy trends include healthy demand for alternatives such as electric tugs and manual stackers given the high risk of employee accidents and fatalities related to manually operated forklifts; growing popularity of automated guided vehicles (AGVs) due to benefits such as reduced labor costs, lower risk of damage to products; rising investments in robotics research and development and launch of new equipment with smart capabilities.

Material handling equipment range from engine powered industrial trucks, automated guided vehicles, rail guided vehicles, conveyors to cranes & hoists. One of the end-use industries in the spotlight is the food industry. With intense price competition in processed foods, revenues for food processors are falling, leading to greater emphasis on cost reduction and operational efficiency.

The United States, China and Europe represent large markets worldwide with a combined share of 66.7% of the market. China also ranks as the fastest growing market with a CAGR of 7.3% over the analysis period supported by factors such as increase in new warehouse establishments against the backdrop of improving global trade and domestic consumption; developing internet infrastructure and the resulting increase in e-commerce and urban logistics; and the Made in China (MIC) 2025 initiative that aims to bring the country's massive manufacturing and production sector into the forefront of global technology competitiveness

Competitors identified in this market include:

BEUMER Group GmbH & Co. KG
CLARK Material Handling International (CMHI)
Daifuku Co. Ltd.
Jervis B. Webb Company
Eisenmann SE
Flexlink AB
Honeywell Intelligrated
Hytrol Conveyor Co. Inc.
Interroll Group
Jungheinrich AG
KION Group AG
Liebherr Group
Mitsubishi Caterpillar Forklift America Inc.
Murata Machinery Ltd.
SSI Schaefer - Fritz Schaefer GmbH
Toyota Industries Corporation
Vanderlande Industries Nederland B.V.
Viastore Systems GmbH
WITRON Logistik + Informatik GmbH.

Key Topics Covered

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Material Handling Equipment - A Review
Ergonomics in Material Handling
Classification of Material Handling Equipment
Conveying Equipment
Industrial Trucks and Lifts
Hoists, Cranes, and Monorails
Automated Storage and Retrieval System (AS/RS)
Other Segments
Major Application Segments
Third-party Logistics
E-Commerce & General Merchandise
F&B Manufacturing & Retail
Consumer Durables
Other Applications
End-Use Markets: Brief Overview
Aerospace, Automobile and Shipping
Agriculture
Building and Construction
Electrical & Electronic Equipment
Industrial Machinery
Postal/Express Delivery
Warehousing
Industry Overview
Material Handling Equipment - An Integral Part of Supply Chain
Growth Drivers in Nutshell
Industrial Trucks & Lifts: Most Dominant Segment
3PL, E-Commerce and F&B Manufacturing & Retail: Three Major Application Markets Driving Growth
Impact of GDP Growth on MHE Market
Increasing Industrial & Infrastructural Activities
Developing Countries to Set the Growth Pace
China Remains an Important Market
Demand for Automated MHE on Rise
Strong Focus on Worker Safety
Product innovations Hold Key to Success
Global Economic Outlook: GDP Growth and MHE Industry
Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
Manufacturing PMI: An Important Bellwether
Urbanization Ups the Need for Efficient Order Fulfilment Systems
Competitive Landscape
Top 10 Global Material Handling Systems Providers by Total Revenues (2018)
Vendors Adopt Acquisition Route to Offer Innovative Materials Handling Solutions
Select Mergers and Acquisitions (2016-2018)
Industry Witnesses a Change in Business Model
Companies Focus on New Strategies to Boost Innovations
Investment in Start-ups: Another Strategic Move
Global Industrial Lift Trucks Market (2019): Percentage Breakdown of Share by Company
Lift Trucks Market: Leading Players
Conveyers Market
Conveyor System Competitor Market Share Scenario Worldwide (in %): 2019

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Global Material Handling Equipment Market Heading towards Substantial Gains
Trend towards Industry 4.0 Redefines MHE
The Internet of Things Gains Prominence
Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022
Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2020, 2022 and 2025
Cloud Computing: Powering e-commerce
Predictive Analytics: Simplify Decision Making
Big Data: Helps Identify the Best WM Practices
Mobility Devices Take Center Stage
Wearable Devices: Pilot Adoption Underway
3D Printing to Transform the Supply Chain
Strong Demand for Integration of MHE with Warehouse Management Systems
Third Party Logistics (3PL): Expanding in Industrial Manufacturing, Retail and Wholesale Sectors
Global 3PL Market Revenue Share by End-Use Sector (2019)
Technology Tools Seek Wider Role in 3PL Domain
Expanding Retail Industry Generates Significant Opportunities
Global Retail Sector Revenue Share by Product Category (2019)
e-Commerce Emerges as New Growth Driver
Uptrend in e-Commerce Impacts Automated Conveyor Systems
Food & Beverage Manufacturing & Retail: One of the Leading Application Markets
Growing Importance of Automation & Technology Drive MHE in F&B Industry
Global Sales of Processed Foods in US$ Billion for Years 2014, 2016, 2018 and 2020
Material Handling Market Steps Up Focus on Sustainability
Aging Workforce Drives Demand for Automated and Ergonomic Systems
Focus Intensifies on Cost-Effective MH Solutions
Traditional Supply Chain Facing Stiff Competition from Omnichannel Commerce
Global e-Commerce Sales as Percentage of Total Retail Sales (2015-2021)
Technological Advances Propel the Industry
Driverless Vehicles and Drones: No Longer a Distant Reality
Productivity and Safety Gain Immense Attention
Voice Recognition Systems Find Way
Select Product and Application Trends
Demand Goes Strong for Smart Conveyor Equipment
Modular Designed Conveyor Systems Add Versatility
Factors Influencing Demand for Conveyors
Automated Lift Trucks Witness Increasing Adoption
Technologies Making Their Way into Lift Trucks
Pallet Trucks Grow in Sophistication
Demand for Automated Forklifts Picks up in Emerging Countries
Industry Demand Shifts towards Electric Trucks
Adoption of Electric Drives in Cranes and Hoists on Rise
Advanced Material Handling Technologies Systems Improve Supply Chain Excellence
Automated Material Handling Equipment: An Opportunity Laden Market
Unit Load Systems to Lead Market Growth
Growth in Key End Use Industries
Factors Influencing Automated Material Handling Equipment Market
Strong Contribution from North American Automated MHE Market
Advanced Robotics Impacts Automated Material Handling Equipment
Automation Initiatives of Industrial Units Spur Demand for AGVs
Advancements Lead to Expanded Opportunities for AGVs
Growth Drivers and Application Trends in Select End-Use Industries
Increasing Automation in Manufacturing Industries
Transition of Material Handling in Automobile Industry
A Major End-Use Industry for AGVs
Increase in Automobile Production Fuels Demand for Material Handling Equipment
Global Passenger Cars Production (In Million Units) by Geographic Region/Country for the Years 2017, 2019, 2022
Expansion of E-Commerce & Retail Industries
Entry of Start-Ups with Warehouse Automation Solutions
Resurgence in Consumer Electronics Pushes Demand for Automated Systems
Rising Adoption of Automated Systems to Boost Global Pharmaceutical Material Handling Equipment Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION
Total Companies Profiled: 464 (including Divisions/Subsidiaries - 507)

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