Press release
Material Handling Equipment Market Opportunities, Demand and Forecasts (2020-2026)
A rise in disposable income, flourishing construction, and an increasing number of manufacturing facilities are projected to propel the global material handling equipment market growth during the forecast period. According to a published report by Fortune Business Insights, titled, "Material Handling Equipment Market Size, Share & Industry Analysis, By Equipment Type, By Operations, By End-use Application and Regional Forecast, 2019-2026," the overall material handling equipment market is expected to grow from USD 194.73 Billion in 2018 to USD 354.03 Billion by 2026 at a CAGR of 7.8% during the forecast period.
To Gain More Insights into the Material Handling Equipment Market Analysis, Browse Summary of the Research Report - https://www.fortunebusinessinsights.com/industry-reports/material-handling-equipment-market-101501
The report further states that the global market size was valued at USD 194.73 Billion in 2018. Additionally, expansion of the packaging industry and the automotive and consumer electronics industry is likely to contribute to the global material handling equipment market in the coming years.
The report described and predicts the global material handling equipment market in terms of system type, value, industry, function, type, and geography. It aids in analyzing opportunities for stakeholders in the industry by evaluating the dominant segments. Furthermore, the report analyzes growth strategies, namely, key developments, innovative product launches, collaborations, acquisitions, contracts, and agreements in the global market.
List of Key Players Mentioned:
Liebherr Group
Manitowoc
Columbus McKinnon Corporation
Beumer Group
KION GROUP AG
Toyota Industries Corporation.
Eisenmann SE
Crown Equipment Corporation
Daifuku Co., Ltd
Hyster-Yale Materials Handling, Inc.
Request a Sample Copy for more detailed Material Handling Equipment Market Overview - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/material-handling-equipment-market-101501
"Briggs Acquires MacKinnon to Expand the Former's Material Handling Business"
Earlier, in July 2017, Briggs Construction Equipment, Inc., a leading supplier of material handling equipment, based in Dallas, announced that it acquired MacKinnon Equipment & Services, a seller of handling and construction machinery. The acquisition aids Briggs in expanding its material handling equipment business in Georgia and Florida. MacKinnon is currently functioning as a database administrator of Briggs without any changes in the business and leadership approaches. The entire transaction was completed on July 30. However, the details of the transaction are still confidential.
Analysis by Market Segmentation:
By Equipment Type
By Operations
By End-use Application:
By Geography: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
"Rising Demand for Online Shopping to Boost Growth of Transportation Segment"
In terms of operations, the global material handling equipment market is categorized into transportation, distribution, assembly, and others. Amongst these, the transportation segment is expected to remain dominant in the global market during the forthcoming years owing to the increasing development of infrastructure, rising demand for online shopping, and growing demand for transportation and logistics.
Speak to our Analyst for any Queries about Material Handling Equipment Market Research Report - https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/material-handling-equipment-market-101501
Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
About Us:
Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
To Gain More Insights into the Material Handling Equipment Market Analysis, Browse Summary of the Research Report - https://www.fortunebusinessinsights.com/industry-reports/material-handling-equipment-market-101501
The report further states that the global market size was valued at USD 194.73 Billion in 2018. Additionally, expansion of the packaging industry and the automotive and consumer electronics industry is likely to contribute to the global material handling equipment market in the coming years.
The report described and predicts the global material handling equipment market in terms of system type, value, industry, function, type, and geography. It aids in analyzing opportunities for stakeholders in the industry by evaluating the dominant segments. Furthermore, the report analyzes growth strategies, namely, key developments, innovative product launches, collaborations, acquisitions, contracts, and agreements in the global market.
List of Key Players Mentioned:
Liebherr Group
Manitowoc
Columbus McKinnon Corporation
Beumer Group
KION GROUP AG
Toyota Industries Corporation.
Eisenmann SE
Crown Equipment Corporation
Daifuku Co., Ltd
Hyster-Yale Materials Handling, Inc.
Request a Sample Copy for more detailed Material Handling Equipment Market Overview - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/material-handling-equipment-market-101501
"Briggs Acquires MacKinnon to Expand the Former's Material Handling Business"
Earlier, in July 2017, Briggs Construction Equipment, Inc., a leading supplier of material handling equipment, based in Dallas, announced that it acquired MacKinnon Equipment & Services, a seller of handling and construction machinery. The acquisition aids Briggs in expanding its material handling equipment business in Georgia and Florida. MacKinnon is currently functioning as a database administrator of Briggs without any changes in the business and leadership approaches. The entire transaction was completed on July 30. However, the details of the transaction are still confidential.
Analysis by Market Segmentation:
By Equipment Type
By Operations
By End-use Application:
By Geography: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
"Rising Demand for Online Shopping to Boost Growth of Transportation Segment"
In terms of operations, the global material handling equipment market is categorized into transportation, distribution, assembly, and others. Amongst these, the transportation segment is expected to remain dominant in the global market during the forthcoming years owing to the increasing development of infrastructure, rising demand for online shopping, and growing demand for transportation and logistics.
Speak to our Analyst for any Queries about Material Handling Equipment Market Research Report - https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/material-handling-equipment-market-101501
Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
About Us:
Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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