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PUBLISHER: Grand View Research | PRODUCT CODE: 2068081
PUBLISHER: Grand View Research | PRODUCT CODE: 2068081
Material Handling Equipment Market Size, Share & Trends Analysis Report By Product (Cranes & Lifting Equipment, Industrial Trucks), By Application (Automotive, Food & Beverages, E-Commerce, Pharmaceutical), By Region, And Segment Forecasts, 2026 - 2033
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PAGES: 120 Pages
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Material Handling Equipment Market Summary
The global material handling equipment market size was estimated at USD 262.93 billion in 2025 and is projected to reach USD 421.79 billion by 2033, growing at a CAGR of 6.1% from 2026 to 2033. Rapid industrialization and increased demand for automated material handling equipment are expected to drive market growth over the forecast period.
The material handling equipment industry is expected to grow significantly, driven by the rapid expansion of e-commerce and the shift toward omnichannel retailing. The surge in online shopping volumes has led to a substantial rise in warehousing and distribution activities, thereby increasing the demand for efficient material handling solutions. The growing complexity of inventory management, characterized by high SKU diversity and shorter delivery timelines, has encouraged companies to adopt advanced equipment such as automated storage and retrieval systems, conveyors, and sortation systems. Furthermore, the increasing consumer expectation for same-day and next-day delivery has compelled logistics providers to enhance operational efficiency and throughput capacity.
Moreover, the expansion of third-party logistics providers and fulfillment centers across both developed and emerging economies is further driving the demand for material handling equipment. The development of large-scale distribution hubs, particularly in urban and peri-urban areas, is also contributing to market growth. In addition, the integration of warehouse management systems with material handling equipment is enabling real-time inventory tracking and process optimization. The application of advanced material-handling systems in e-commerce fulfillment centers has created opportunities for equipment manufacturers to provide integrated, scalable solutions. These advancements in logistics infrastructure and fulfillment capabilities are further driving the market growth.
Furthermore, companies are increasingly integrating Internet of Things (IoT)-enabled devices with material handling equipment to enable real-time monitoring, predictive maintenance, and data-driven decision-making. The availability of flexible business models such as robotics-as-a-service is also encouraging small and medium enterprises to adopt automation solutions. Moreover, the ability of automated systems to operate continuously with minimal human intervention is improving productivity and reducing operational errors. The application of smart material handling solutions across industries such as automotive, food & beverages, and retail is further accelerating market growth. These technological advancements and increasing digital integration are collectively driving the expansion of the global market.
Global Material Handling Equipment Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global material handling equipment market report based on product, application, and region.
- Product Outlook (Revenue, USD Billion, 2021 - 2033)
- Cranes & lifting equipment
- Industrial trucks
- Continuous handling equipment
- Racking & storage equipment
- Application Model Outlook (Revenue, USD Billion, 2021 - 2033)
- Automotive
- Food & Beverages
- Chemical
- Semiconductor & Electronics
- E-Commerce
- Aviation
- Pharmaceutical
- Others
- Regional Outlook (Revenue, USD Billion, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Middle East and Africa (MEA)
- KSA
- UAE
- South Africa
Product Code: GVR-1-68038-357-7
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Material Handling Equipment Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Material Handling Equipment Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
- 3.3.1. Industry Analysis - Porter's
Chapter 4. Material Handling Equipment Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Material Handling Equipment Market: Product Movement Analysis, 2025 & 2033 (USD Million)
- 4.3. Cranes & lifting equipment
- 4.3.1. Cranes & lifting equipment Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.3.2. Industrial trucks
- 4.3.2.1. Industrial Trucks Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.3.3. Continuous handling equipment
- 4.3.3.1. Continuous handling equipment Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.3.4. Racking & storage equipment
- 4.3.4.1. Racking & storage equipment Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 5. Material Handling Equipment Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Material Handling Equipment Market: Application Movement Analysis, 2025 & 2033 (USD Million)
- 5.3. Automotive
- 5.3.1. Automotive Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4. Food & Beverages
- 5.4.1. Food & Beverages Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.5. Chemical
- 5.5.1. Chemical Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.6. Semiconductor & Electronics
- 5.6.1. Semiconductor & Electronics Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.7. E-Commerce
- 5.7.1. E-Commerce Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.8. Aviation
- 5.8.1. Aviation Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.9. Pharmaceutical
- 5.9.1. Pharmaceutical Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.10. Others
- 5.10.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 6. Material Handling Equipment Market: Regional Estimates & Trend Analysis
- 6.1. Material Handling Equipment Market Share, By Region, 2025 & 2033 (USD Million)
- 6.2. North America
- 6.2.1. North America Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.3.2. UK
- 6.3.2.1. UK Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.3.5. Spain
- 6.3.5.1. Spain Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Japan Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.6. Australia
- 6.4.6.1. Australia Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.6.2. UAE
- 6.6.2.1. UAE Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.6.3. KSA
- 6.6.3.1. KSA Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Material Handling Equipment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Positioning
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. BEUMER GROUP.
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Strategic Initiatives
- 7.4.2. Daifuku Co., Ltd.
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Strategic Initiatives
- 7.4.3. Honeywell International, Inc.
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Strategic Initiatives
- 7.4.4. KION GROUP AG
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Strategic Initiatives
- 7.4.5. Mecalux, S.A.
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Strategic Initiatives
- 7.4.6. Murata Manufacturing Co., Ltd.
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Strategic Initiatives
- 7.4.7. SSI SCHAEFER.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Strategic Initiatives
- 7.4.8. Swisslog Holding AG.
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Strategic Initiatives
- 7.4.9. TOYOTA INDUSTRIES CORPORATION.
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Strategic Initiatives
- 7.4.10. Vanderlande Industries B.V.
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Strategic Initiatives
- 7.4.1. BEUMER GROUP.
Product Code: GVR-1-68038-357-7
List of Tables
- Table 1 Global material handling equipment market size estimates & forecasts, 2021 - 2033 (USD Million)
- Table 2 Global material handling equipment market, by region, 2021 - 2033 (USD Million)
- Table 3 Global material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 4 Global material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 5 Cranes & lifting equipment market, by region, 2021 - 2033 (USD Million)
- Table 6 Industrial trucks market, by region, 2021 - 2033 (USD Million)
- Table 7 Continuous handling equipment market, by region, 2021 - 2033 (USD Million)
- Table 8 Racking & storage equipment market, by region, 2021 - 2033 (USD Million)
- Table 9 Automotive market, by region, 2021 - 2033 (USD Million)
- Table 10 Food & Beverages market, by region, 2021 - 2033 (USD Million)
- Table 11 Chemical market, by region, 2021 - 2033 (USD Million)
- Table 12 Semiconductor & Electronics market, by region, 2021 - 2033 (USD Million)
- Table 13 E-Commerce market, by region, 2021 - 2033 (USD Million)
- Table 14 Aviation market, by region, 2021 - 2033 (USD Million)
- Table 15 Pharmaceutical market, by region, 2021 - 2033 (USD Million)
- Table 16 Others market, by region, 2021 - 2033 (USD Million)
- Table 17 North America material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 18 North America material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 19 U.S material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 20 U.S material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 21 Canada material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 22 Canada material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 23 Mexico material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 24 Mexico material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 25 Europe material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 26 Europe material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 27 UK material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 28 UK material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 29 Germany material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 30 Germany material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 31 France material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 32 France material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 33 Asia Pacific material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 34 Asia Pacific material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 35 China material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 36 China material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 37 India material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 38 India material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 39 Japan material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 40 Japan material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 41 South Korea material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 42 South Korea material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 43 Australia material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 44 Australia material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 45 Latin America material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 46 Latin America material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 47 Brazil material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 48 Brazil material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 49 MEA material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 50 MEA material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 51 Saudi Arabia material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 52 Saudi Arabia material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 53 UAE material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 54 UAE material handling equipment market, by application, 2021 - 2033 (USD Million)
- Table 55 South Africa material handling equipment market, by product, 2021 - 2033 (USD Million)
- Table 56 South Africa material handling equipment market, by application, 2021 - 2033 (USD Million)
List of Figures
- Fig 1 Material handling equipment market segmentation
- Fig 2 Market research methodology
- Fig 3 Information procurement
- Fig 4 Primary research pattern
- Fig 5 Market research approaches
- Fig 6 Value chain-based sizing & forecasting
- Fig 7 Parent market analysis
- Fig 8 Market formulation & validation
- Fig 9 Material handling equipment market snapshot
- Fig 10 Material handling equipment market segment snapshot
- Fig 11 Material handling equipment market competitive landscape snapshot
- Fig 12 Market research approach
- Fig 13 Market driver relevance analysis (Current & future impact)
- Fig 14 Market restraint relevance analysis (Current & future impact)
- Fig 15 Material handling equipment market: Product outlook key takeaways (USD Million)
- Fig 16 Material handling equipment market: Product movement analysis 2025 & 2033 (USD Million)
- Fig 17 Cranes & lifting equipment market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 18 Industrial trucks market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 19 Continuous handling equipment market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 20 Racking & storage equipment market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 21 Material handling equipment market: Application outlook key takeaways (USD Million)
- Fig 22 Material handling equipment market: Application movement analysis 2025 & 2033 (USD Million)
- Fig 23 Automotive market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 24 Food & Beverages market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 25 Chemical market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 26 Semiconductor & Electronics market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 27 E-Commerce market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 28 Aviation market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 29 Pharmaceutical market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 30 Others market revenue estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 31 Regional marketplace: Key takeaways
- Fig 32 Material handling equipment market: Regional outlook, 2025 & 2033 USD Million
- Fig 33 North America material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 34 U.S material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 35 Canada material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 36 Mexico material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 37 Europe material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 38 UK material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 39 Germany material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 40 France material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 41 Asia Pacific material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 42 Japan material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 43 China material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 44 India material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 45 Australia material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 46 South Korea material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 47 Latin America material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 48 Brazil material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 49 MEA material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 50 KSA material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 51 UAE material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 52 South Africa material handling equipment market estimates and forecasts, 2021 - 2033 (USD Million)
- Fig 53 Strategy framework
- Fig 54 Company Categorization
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