FMI: Material Handling Equipment Market Value, Segments and Growth 2014-2020
The importance of material handling equipment is growing exponential among industries such as aerospace, agriculture, automotive, etc., as managing the manufacturing plant or warehouse has become an essential operation to look for. Material handling involves, managing the storage and movement of good & products in the warehouse or manufacturing plant. Material handling increases the productivity by improving the logistics in the manufacturing plant.
The importance of material handling equipment is growing exponential among industries such as aerospace, agriculture, automotive, etc., as managing the manufacturing plant or warehouse has become an essential operation to look for. Material handling involves, managing the storage and movement of good & products in the warehouse or manufacturing plant. Material handling increases the productivity by improving the logistics in the manufacturing plant.
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Global <strong>Material</strong><br />
<strong>H<strong>and</strong>ling</strong> <strong>Equipment</strong><br />
<strong>Market</strong><br />
Future <strong>Market</strong> Insights<br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong><br />
Forecast,<br />
<strong>2014</strong><br />
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Report Description<br />
The importance of material h<strong>and</strong>ling equipment is growing exponential among industries<br />
such as aerospace, agriculture, automotive, etc., as managing the manufacturing plant or<br />
warehouse has become an essential operation to look for. <strong>Material</strong> h<strong>and</strong>ling involves,<br />
managing the storage <strong>and</strong> movement of good & products in the warehouse or<br />
manufacturing plant. <strong>Material</strong> h<strong>and</strong>ling increases the productivity by improving the<br />
logistics in the manufacturing plant.<br />
Browse Full Report@ http://www.futuremarketinsights.com/reports/material-h<strong>and</strong>lingequipment-market<br />
<strong>Material</strong> h<strong>and</strong>ling equipment are required in warehouse or manufacturing plant for quick<br />
movement of goods or products, locating stock, preparing orders <strong>and</strong> localizing stock.<br />
Need of optimum utilization of equipment, dem<strong>and</strong> for flexibility in warehouse operations,<br />
customer satisfaction, supply chain transparency, vision guided robotics, to reduce<br />
excessive downtime at warehouse, growing automation <strong>and</strong> technology advancements in<br />
material h<strong>and</strong>ling equipment are driving the market for global material h<strong>and</strong>ling<br />
equipment market. The global material h<strong>and</strong>ling equipment market growth is inhibited<br />
due to growing material h<strong>and</strong>ling equipment prices, rising steel prices <strong>and</strong> lack of skilled<br />
labor.<br />
Different types available in material h<strong>and</strong>ling equipment market are conveying equipment,<br />
bucket conveyor, screw conveyer, vibrating conveyer, roller conveyer, magnetic belt<br />
conveyer, chain conveyer, platform truck, walkie stacker, pallet jack, platform truck,<br />
etc. The global material h<strong>and</strong>ling market can be segmented on the basis of product type
Report Description<br />
such as conveying equipment, industrial trucks & lifts, hoist, cranes & monorails <strong>and</strong><br />
automated material h<strong>and</strong>ling equipment. Many industries use material h<strong>and</strong>ling<br />
equipment to increase their productivity <strong>and</strong> accuracy.<br />
The global material h<strong>and</strong>ling equipment market is segmented on the basis of end use<br />
industries such as Aerospace, Agriculture, Air Cargo, Automotive, Building <strong>and</strong><br />
Construction, Electrical & Electronic <strong>Equipment</strong>, Industrial Machinery, Shipping Industry,<br />
Warehousing, Postal/Express Delivery <strong>and</strong> others.Currently, these industries are<br />
experiencing steady growth in regions like Asia Pacific, Europe <strong>and</strong> North America.<br />
Currently, global material h<strong>and</strong>ling equipment market is dominated by Asia Pacific region,<br />
whichis estimated to capture 30-40% of the global material h<strong>and</strong>ling equipment market<br />
value. Asia Pacific is followed by Europe <strong>and</strong> North America. Global material h<strong>and</strong>ling<br />
equipment market is expected to grow at a CAGR between 3-6% from <strong>2014</strong>-<strong>2020</strong>, <strong>and</strong> in<br />
future, Asia Pacific is forecast to continue its dominance in global material h<strong>and</strong>ling<br />
equipment market, due to expected growth in end use industries.<br />
Global material h<strong>and</strong>ling equipment market has key players mainly from North America,<br />
Western Europe, Japan <strong>and</strong> China. Some of the key players in this industry are Liebherr<br />
Group, KION Group AG, Jungheinrich AG, Viastore Systems GmbH, WITRON Logistik +<br />
Informatik GmbH, Eisenmann AG, Beumer Maschinenfabrik GmbH, Jervis B. Webb<br />
Company, Columbus McKinnon Corporation, Crown <strong>Equipment</strong> Corporation, Hyster-Yale<br />
<strong>Material</strong>s <strong>H<strong>and</strong>ling</strong>, Inc., Hytrol Conveyor Co., Inc., Manitowoc Company, Inc., Xuzhou<br />
Heavy Machinery Co., Ltd. And Toyota Industries Corporation.
Report Description<br />
Currently, global material h<strong>and</strong>ling equipment market is experiencing consolidation<br />
between industry players. For example, in 2013, Interroll acquired Portec Group<br />
International, Kalmar acquired Mareiport, Toyota industries acquired Cascade in 2012.<br />
Companies are also entering into strategic partnerships in material h<strong>and</strong>ling equipment<br />
market, for instance, in <strong>2014</strong>, Liebherr <strong>and</strong> Kamaz entered in strategic partnership.<br />
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Global material h<strong>and</strong>ling equipment market is experiencing increasing automation, safety<br />
<strong>and</strong> productivity. Companies are focusing on innovating equipment based on above three<br />
factors <strong>and</strong> as per customer requirements. In Future, we expect to see emergence of high<br />
control methodologies in material h<strong>and</strong>ling equipment market. Integration of electronic<br />
intelligence with material h<strong>and</strong>ling equipment is expected to change the global material<br />
h<strong>and</strong>ling equipment market during next 5-6 years.
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