Material Handling Equipment Market Dynamics, Forecast, Analysis and Supply Demand 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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Report Description<br />
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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 />
which is 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.
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