Market World Material Handling Equipment Systems Market

Material Handling Equipment/Systems Market Opportunities,
Consumption and Investment Feasibility Forecasts 2014-2025
“The global material handling equipment market size is anticipated to reach
$41.1 billion by 2025. The market is projected to witness the high growth
owing to the increasing manufacturing activities in the pharmaceuticals,
chemical, food & beverages and automotive industries”
The Global Material Handling Equipment Market size is anticipated to reach $41.1 billion by 2025. The market
is projected to witness the high growth owing to the increasing manufacturing activities in the pharmaceuticals,
chemical, food & beverages and automotive industries paired with safety concerns over the workplace.
Moreover, a technological development like robotic arms, escalators, automation, etc. started an evolution in
the industries which efficiently perform tasks with error free and time & cost saving manufacturing processes,
may fuel the market growth.
The increasing demand for retrieval systems and automated storage in pharmaceutical, food & beverages,
chemical, and automotive industries are expected to be a key driving factor of the market growth due to the
adoption of equipment by manufacturers in warehouses as well as the distribution & production centers.
The product handling equipment reduces the cost as well as the risk of damaging a product due to manual
transportation and processing activities. Trucks are the dominating segment of handling equipment and had the
highest market share in 2015. However, retrieval systems & automated storage is likely to acquire significant
market share over the forecast period owing to increased adoption of the automation systems across the APAC.
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