Material Handling Equipment Market Size, Share, Trends, Industry Analysis Report: By Equipment Type, Industry, and Region

Description

List of Tables

The global material handling equipment market size is expected to reach USD 425.93 billion by 2034, according to a new study by Polaris Market Research. The report "Material Handling Equipment Market Size, Share, Trends, Industry Analysis Report: By Equipment Type (Transport Equipment, Positioning Equipment, Storage Equipment, and Others), Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The material handling equipment (MHE) market growth is attributed to various factors such as the increasing demand for automation, advancements in robotics, and the rising e-commerce adoption. As industries strive to improve operational efficiency, reduce labor costs, and meet fast-paced delivery demands, the adoption of automated systems, including robots, automated guided vehicles (AGVs), and AI-driven solutions, is accelerating. MHE market opportunities are emerging in the development of energy-efficient and eco-friendly equipment, aligning with sustainability goals.

Trends such as the integration of IoT for real-time tracking and data analytics, along with the rise of smart warehouses, are reshaping the market. With industries such as automotive, pharmaceuticals, and food processing expanding their use of MHE, the market is set for continued growth as companies seek advanced solutions to optimize material handling operations.

Material Handling Equipment Market Report Highlights:

Based on equipment type, the transport equipment segment holds the largest share of the material handling equipment (MHE) market revenue due to its widespread use in moving materials efficiently across warehouses and production facilities. However, the storage equipment segment is experiencing the highest growth, driven by the increasing demand for optimized space utilization and automated storage systems in warehouses.

By industry, the consumer goods & electronics segment dominates the material handling equipment market share owing to the rapid growth of e-commerce and the need for efficient material handling in high-demand sectors. The pharmaceutical segment is experiencing the highest growth, driven by the increasing need for regulatory-compliant and specialized equipment for handling sensitive goods.

North America remains the dominant region in the material handling equipment market, supported by advanced infrastructure and high demand from industries such as automotive and e-commerce. Asia Pacific is the highest growing region, driven by rapid industrialization, increasing automation in manufacturing, and growing e-commerce sectors in countries such as China and India.

Polaris Market Research has segmented the material handling equipment market report on the basis of equipment type, industry, and region:

By Equipment Type Outlook (Revenue - USD Billion, 2020-2034)

Transport Equipment
Positioning Equipment
Storage Equipment
Others

By Industry Outlook (Revenue - USD Billion, 2020-2034)

Consumer Goods & Electronics
Automotive
Food & Beverages
Pharmaceutical
Construction
Mining
Semiconductors
Others

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1397

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Material Handling Equipment Market Insights

4.1. Material Handling Equipment Market - Market Snapshot
4.2. Material Handling Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increasing Automation in Warehouses and Distribution Centers
  - 4.2.1.2. Integration of Artificial Intelligence and IoT
  - 4.2.1.3. Focus on Sustainability and Energy-Efficient Equipment
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Initial Investment Costs
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Material Handling Equipment Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Material Handling Equipment Market, by Equipment Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
5.3. Transport Equipment
- 5.3.1. Global Material Handling Equipment Market, by Transport Equipment, by Region, 2020-2034 (USD Billion)
5.4. Positioning Equipment
- 5.4.1. Global Material Handling Equipment Market, by Positioning Equipment, by Region, 2020-2034 (USD Billion)
5.5. Storage Equipment
- 5.5.1. Global Material Handling Equipment Market, by Storage Equipment, by Region, 2020-2034 (USD Billion)
5.6. Others
- 5.6.1. Global Material Handling Equipment Market, by Others, by Region, 2020-2034 (USD Billion)

6. Global Material Handling Equipment Market, by Industry

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
6.3. Consumer Goods & Electronics
- 6.3.1. Global Material Handling Equipment Market, by Consumer Goods & Electronics, by Region, 2020-2034 (USD Billion)
6.4. Automotive
- 6.4.1. Global Material Handling Equipment Market, by Automotive, by Region, 2020-2034 (USD Billion)
6.5. Food & Beverages
- 6.5.1. Global Material Handling Equipment Market, by Food & Beverages, by Region, 2020-2034 (USD Billion)
6.6. Pharmaceutical
- 6.6.1. Global Material Handling Equipment Market, by Pharmaceutical, by Region, 2020-2034 (USD Billion)
6.7. Construction
- 6.7.1. Global Material Handling Equipment Market, by Construction, by Region, 2020-2034 (USD Billion)
6.8. Mining
- 6.8.1. Global Material Handling Equipment Market, by Mining, by Region, 2020-2034 (USD Billion)
6.9. Semiconductors
- 6.9.1. Global Material Handling Equipment Market, by Semiconductors, by Region, 2020-2034 (USD Billion)
6.10. Others
- 6.10.1. Global Material Handling Equipment Market, by Others, by Region, 2020-2034 (USD Billion)

7. Global Material Handling Equipment Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Material Handling Equipment Market Assessment, By Geography, 2020-2034 (USD Billion)
7.3. Material Handling Equipment Market - North America
- 7.3.1. North America: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
- 7.3.2. North America: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.3.3. Material Handling Equipment Market - U.S.
  - 7.3.3.1. U.S.: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.3.3.2. U.S.: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.3.4. Material Handling Equipment Market - Canada
  - 7.3.4.1. Canada: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.3.4.2. Canada: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
7.4. Material Handling Equipment Market - Europe
- 7.4.1. Europe: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
- 7.4.2. Europe: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.4.3. Material Handling Equipment Market - UK
  - 7.4.3.1. UK: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.4.3.2. UK: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.4.4. Material Handling Equipment Market - France
  - 7.4.4.1. France: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.4.4.2. France: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.4.5. Material Handling Equipment Market - Germany
  - 7.4.5.1. Germany: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.4.5.2. Germany: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.4.6. Material Handling Equipment Market - Italy
  - 7.4.6.1. Italy: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.4.6.2. Italy: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.4.7. Material Handling Equipment Market - Spain
  - 7.4.7.1. Spain: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.4.7.2. Spain: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.4.8. Material Handling Equipment Market - Netherlands
  - 7.4.8.1. Netherlands: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.4.8.2. Netherlands: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.4.9. Material Handling Equipment Market - Russia
  - 7.4.9.1. Russia: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.4.9.2. Russia: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.4.10. Material Handling Equipment Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.4.10.2. Rest of Europe: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
7.5. Material Handling Equipment Market - Asia Pacific
- 7.5.1. Asia Pacific: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.5.3. Material Handling Equipment Market - China
  - 7.5.3.1. China: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.5.3.2. China: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.5.4. Material Handling Equipment Market - India
  - 7.5.4.1. India: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.5.4.2. India: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.5.5. Material Handling Equipment Market - Malaysia
  - 7.5.5.1. Malaysia: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.5.5.2. Malaysia: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.5.6. Material Handling Equipment Market - Japan
  - 7.5.6.1. Japan: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.5.6.2. Japan: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.5.7. Material Handling Equipment Market - Indonesia
  - 7.5.7.1. Indonesia: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.5.7.2. Indonesia: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.5.8. Material Handling Equipment Market - South Korea
  - 7.5.8.1. South Korea: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.5.8.2. South Korea: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.5.9. Material Handling Equipment Market - Australia
  - 7.5.9.1. Australia: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.5.9.2. Australia: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.5.10. Material Handling Equipment Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
7.6. Material Handling Equipment Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.6.3. Material Handling Equipment Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.6.3.2. Saudi Arabia: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.6.4. Material Handling Equipment Market - UAE
  - 7.6.4.1. UAE: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.6.4.2. UAE: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.6.5. Material Handling Equipment Market - Israel
  - 7.6.5.1. Israel: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.6.5.2. Israel: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.6.6. Material Handling Equipment Market - South Africa
  - 7.6.6.1. South Africa: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.6.6.2. South Africa: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.6.7. Material Handling Equipment Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
7.7. Material Handling Equipment Market - Latin America
- 7.7.1. Latin America: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.7.3. Material Handling Equipment Market - Mexico
  - 7.7.3.1. Mexico: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.7.3.2. Mexico: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.7.4. Material Handling Equipment Market - Brazil
  - 7.7.4.1. Brazil: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.7.4.2. Brazil: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.7.5. Material Handling Equipment Market - Argentina
  - 7.7.5.1. Argentina: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.7.5.2. Argentina: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)
- 7.7.6. Material Handling Equipment Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Material Handling Equipment Market, by Equipment Type, 2020-2034 (USD Billion)
  - 7.7.6.2. Rest of Latin America: Material Handling Equipment Market, by Industry, 2020-2034 (USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. Toyota Industries Corporation
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. Kion Group
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. Jungheinrich AG
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Honeywell International Inc.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. Dematic
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. Mitsubishi Logisnext Co., Ltd.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Crown Equipment Corporation
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Hyster-Yale Materials Handling Inc.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. Daifuku Co., Ltd.
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. SSI SCHAEFER
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development