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Material Handling Equipment Market Share

  • Report ID: GMI1384
  • Published Date: Jan 2024
  • Report Format: PDF
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Material Handling Equipment Market Share

Toyota Industries Corporation and Kion Group AG hold a significant revenue share in the market. Toyota Industries Corporation focus on continuous innovation and developing advanced material handling solutions to meet evolving customer needs.
 

KION has pursued a growth strategy through strategic acquisitions and partnerships to expand its product portfolio and global reach. Acquiring companies like Dematic to strengthen its presence in the automation and supply chain solutions market and forming partnerships to enhance technological capabilities.
 

Material Handling Equipment Market Companies

Major companies operating in the material handling equipment industry are:

  • Crown Equipment Corporation
  • Daifuku Co., Ltd.
  • Fives Group
  • Hyster-Yale Materials Handling, Inc
  • JBT Corporation
  • Jungheinrich AG
  • Kardex AG
  • KION Group AG
  • KUKA AG
  • Liebherr Group
  • Mitsubishi Caterpillar Forklift America, Inc.
  • Murata Machinery, Ltd.
  • SSI Schaefer Group
  • System Logistics SPA
  • TGW Logistics Group Gmbh
  • Toyota Industries Corporation
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of material handling equipment reached USD 168 billion in 2023 and is set to observe 5.5% CAGR from 2024 to 2032, owing to the growing e-commerce and logistics sectors.

The manufacturers segment accounted for a market share of around 60% in 2023, as industries undergo technological transformations and seek heightened operational efficiency and automation.

Asia Pacific market accounted for 30% of the revenue share in 2023, due to expanding industrialization, rapid infrastructure development, and increasing e-commerce activities.

Crown Equipment Corporation, Daifuku Co., Ltd., Fives Group, Hyster-Yale Materials Handling, Inc, JBT Corporation, Jungheinrich AG, Kardex AG, KION Group AG, KUKA AG, Liebherr Group, Mitsubishi Caterpillar Forklift America, Inc., Murata Machinery, Ltd., SSI Schaefer Group and System Logistics SPA.

Material Handling Equipment Market Scope

  • Material Handling Equipment Market Size
  • Material Handling Equipment Market Trends
  • Material Handling Equipment Market Analysis
  • Material Handling Equipment Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 28
    • Tables & Figures: 930
    • Countries covered: 31
    • Pages: 400
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