PRN: Material Handling Equipment Market to Reach $41 Billion by 2025: Rise in Manufacturing Activities in Automotive, Pharmaceutical, Chemical and Food & Beverage Industries to Spur Growth -Research and Markets

28/feb/2017 12:45:17 PR Newswire Turismo Contatta l'autore

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Material Handling Equipment Market to Reach $41 Billion by 2025: Rise in Manufacturing Activities in Automotive, Pharmaceutical, Chemical and Food & Beverage Industries to Spur Growth -Research and Markets

 
[28-February-2017]
 

DUBLIN, Feb 28, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Material Handling Equipment Market 2014 - 2025" report to their offering.

The global material handling equipment market is expected to reach USD 41.1 billion by 2025. The rise in manufacturing activities in the automotive, pharmaceutical, chemical, and food & beverage industries is projected to spur demand. The growing concerns for workplace safety are expected to remain a key driver.

The global material handling equipment market is anticipated to witness a high growth over the forecast period. This is accredited to the use of technologically advanced products, such as hydraulic components which are incorporated into this equipment. Furthermore, the integration of telematics solutions & tracking sensors into these products is expected to gain traction in the near future, thereby fueling the equipment sales. The rising espousal of automated storage and retrieval systems is expected to further catapult the equipment market growth over the next nine years.

Automated storage & retrieval systems segment captured over 25% of the total revenue in 2015 and is projected to exhibit a significant growth at a CAGR of over 6.9% from 2016 to 2025. This growth is attributed to the surging espousal of automated equipment in warehouses and manufacturing centers.

On account of the wide scope of applications, these products aid in moving, protecting, and storing goods in warehouses. The e-commerce segment is expected to gain prominence over the forecast period with an estimated CAGR exceeding 10.0%.

Companies Mentioned

  • BEUMER Group
  • Daifuku
  • Recent Developments
  • Intelligrated Systems Inc.
  • Recent Developments
  • Kion Group (Dematic)
  • Recent Developments
  • Mecalux S.A.
  • Recent Developments
  • Murata Machinery Ltd.
  • SSI Schaefer
  • Recent Developments
  • Swisslog AG
  • Toyota Material Handling
  • Vanderlande Industries B.V.

Key Topics Covered:

1 Methodology and Scope

2 Executive Summary

3 Material Handling Equipment: Market Variables, Trends & Scope

4 Material Handling Equipment: Product Estimates & Trend Analysis

5 Material Handling Equipment: End-Use Estimates & Trend Analysis

6 Material Handling Equipment: Regional Estimates & Trend Analysis

7 Competitive Landscape

For more information about this report visit http://www.researchandmarkets.com/research/392f6j/material_handling

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Laura Wood, Senior Manager
press@researchandmarkets.com 

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