Material Handling Equipment Market Likely to Surpass USD 132 Billion by 2035.
Exploring novel growth opportunities on, “Material Handling Equipment Market Size, Share & Trends Analysis Report by Offering (Hardware, Software, Services), Package Type, Industry Vertical, End-Use Industry × Application, and Geography (North America, Europe, Asia Pacific, Middle East, Africa, and South America) – Global Industry Data, Trends, and Forecasts, 2025–2035” A complete report exploring emerging market pathways in the Material Handling Equipment market illuminates revenue acceleration levers—highlighting how scalable product line extensions, targeted new-market entries, and strategic partnerships are poised to drive top-line growth, expand market share
Global Material Handling Equipment Market Forecast 2035:
According to the report, the global Material Handling Equipment market is likely to grow from USD 64.1 Billion in 2025 to USD 131.8 Billion in 2035 at a highest CAGR of 6.8% during the time period. The global material handling equipment market is experiencing high growth due to increased automation in warehouses, growth in e-commerce logistics and usage of sophisticated robotics in order to streamline supply chains.
Businesses are acquiring smart devices in order to decrease wages, better performance, and security of the place of work. As an example, Toyota Material Handling introduced its newest autonomous reach truck, which has AI-based vision tech inside to optimize its working accuracy in high density warehouses in February 2025, sign *« a substantial move towards smart, automatic solutions. Also, increased demand of electric and energy efficient equipment’s helps in sustainability objectives and thus, influences market adoption. The increasing urbanization and explosive industrial growth in Asia-Pacific, as well as the resulting labor shortage in Europe and North America, are driving greater automation of forklifts, conveyors and AGVs, in order to facilitate the smooth flows of goods.
“Key Driver, Restraint, and Growth Opportunity Shaping the Global Material Handling Equipment Market
Consumers are spending money on autonomous mobile robots (AMRs) and AI-fielded devices to streamline warehouse and factory work. In June 2025, Geekplus equipped more than 1,500 AI empowered robots to various Cainiao logistic hubs in China, greatly enhancing the picking speed, accuracy, and efficiency. This movement in technology propels the demand of the hardware and the software in the world MHE sector.
Advanced material handling systems such as AGVs, robotics, and solutions based on the Internet of Things (IoT) are demanding in terms of initial capital investment and sophisticated technology knowledge. By 2025, smaller logistics operators in Europe have cited late adoption of AGVs since they were incompatible with older warehouse management systems, which would constrain market penetration in newer applications in the short-term.
Growing regulatory pressure and sustainability objectives within corporations are proving to be opening opportunities towards going eco-friendly MHE solutions. In May 2025, Daifuku Co., Ltd. introduced the energy-efficient conveyors and electric forklifts to its European products range to allow the clients diminish the carbon footprint and decrease operational expenses.
" Impact of Tariff Rates on Global Material Handling Equipment Market"
- Tariff fluctuations significantly influence the global Material Handling Equipment (MHE) market by affecting manufacturing costs, import-export pricing, and regional competitiveness. As an example, in early 2025, KUKA AG noted higher production costs on its European-manufactured AGVs due to new U.S tariffs on industrial robotics parts, which triggered strategic changes in the supply chain sourcing and pricing of North American customers.
- These tariffs pushed up landed prices creating some demand back up or decrease in purchase by some buyers, also by letting the manufacturers react to this by localizing production, or making favorable trade agreements in order to remain competitive. Besides, the cost pressures of tariffs may affect the entire global market and supply chain planning complications by moving demand to regional suppliers or low-cost alternatives. Vacillations in tariffs may inhibit short-term adoption and profitability and optimize localized production and diversification sourcing to counteract the risks of trade.
Regional Analysis of Global Material Handling Equipment Market
- The demand for Material Handling Equipment is highest in Asia Pacific due to rapid industrialization, exponential e-commerce expansion, and government-backed smart logistics initiatives. In March 2025, Geekplus has rolled out more than 2,500 AI-driven robots in various Cainiao Chinese logistic facilities, greatly boosting their automation and productivity. Increasing manufacturing centres in India and South East Asia even add to the needs of advanced forklifts, conveyors, and AGVs.
- North America continues to grow robustly and is associated with massive work on conceptualizing warehouses, as well as with the modernization of e-commerce logistics. Vanderlande leveraged its advanced MHE solution in a major contract with DHL in early 2025 to implement automated parcel sortation systems within the company, demonstrating that customers are demanding sophisticated MHE throughout a high-volume distribution net.
- Modernization of industrial facilities and sustainable intralogistics solutions stimulates the market growth in Europe. Daifuku introduced energy-efficient transportation in 2025 by introducing energy-efficient products such as energy-efficient conveyors and electric forklifts in warehouses in Europe, which have shown great uptake of eco-friendly and intelligent material handling technologies.
Prominent players operating in the global material handling equipment market are Addverb Technologies Private Limited, Berkshire Grey, BEUMER GROUP, Blue Yonder Group, Inc., Daifuku Co., Ltd., Datalogic S.p.A., Dematic, ELETTRIC80 S.P.A., Fives Group, ForwardX Robotics, Geekplus Technology Co., Ltd., GreyOrange, Hikrobot Technology Co., Ltd., Honeywell International Inc., Infor, inVia Robotics, Inc., Jungheinrich AG, Kardex, Kindred, Inc., KNAPP AG, KUKA AG, Manhattan Associates, Inc., MHS Global, Mobile Industrial Robots, Murata Machinery, Ltd., Oracle Corporation, plus one robotics, RightHand Robotics, Inc., SAP, SCHAEFER SYSTEMS INTERNATIONAL PVT LTD, Shanghai Quicktron Intelligent Technology Co., Ltd, System Logistics S.p.A., TGW Logistics Group, Trimble Inc., Universal Robots, Vanderlande Industries B.V., WITRON, Zebra Technologies Corp, and Other Key Players.
The global material handling equipment market has been segmented as follows:
Global Material Handling Equipment Market Analysis, by Offering
- Hardware
- Automated Conveyors and Sortation Systems
- Belt Conveyors
- Roller Conveyors
- Overhead Conveyors
- Screw Conveyors
- Others
- Gantry Robots
- Automated Storage and Retrieval System (ASRS)
- 2-Way and 4-Way Shuttle
- Unit-load and Mini-load
- Carousel
- Vertical Carousel
- Horizontal Carousel
- Vertical Lift Module
- Palletizing/De-Automated Material Handlings
- Autonomous Guided Vehicles (AGVs)
- By Type
- Tow Vehicles
- Unit Load Carriers
- Pallet Trucks
- Assembly Line Vehicles
- Forklift Trucks
- Others
- By Navigation Technology
- Laser Guidance
- Magnetic Guidance
- Inductive Guidance
- Optical Tape Guidance
- Vision Guidance
- Other Navigation Technologies
- By Type
- Autonomous Mobile Robots (AMR)
- Order and Piece Picking Robots
- Cranes
- Others (RFID Scanners and Readers, etc.)
- Automated Conveyors and Sortation Systems
- Software
- WMS and WES
- TMS
- Automatic Identification and Data Capture (AIDC)
- Others
- Services
Global Material Handling Equipment Market Analysis, by Package Type
- Pallet
- Containers
- Bin
- Tote
- Bulk Container
- Cartons
- Others (Dunnage, Utilizer, etc.)
Global Material Handling Equipment Market Analysis, by Industry Vertical
- Food & Beverage
- Bakery
- Food (dry)/Grocery
- Beverage
- Dairy
- Convenience/Confectionary
- Tobacco
- Cold chain
- Personal Care
- Non-durable Goods
- Paper
- Tissue
- Chemicals
- Durable Good
- Apparel
- E-Commerce
- Offline (Brick-mortar stores)
- Pharmaceutical
- Automotive
- Retail
- E-Commerce
- Offline (Brick-mortar stores)
- 3PL
- Courier, Express and Parcel Services
- Others (Airport Services, Healthcare, etc.)
Global Material Handling Equipment Market Analysis, by Region
- North America
- Europe
- Asia Pacific
- Middle East
- Africa
- South America
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Table of Contents
- 1. Research Methodology and Assumptions
- 1.1. Definitions
- 1.2. Research Design and Approach
- 1.3. Data Collection Methods
- 1.4. Base Estimates and Calculations
- 1.5. Forecasting Models
- 1.5.1. Key Forecast Factors & Impact Analysis
- 1.6. Secondary Research
- 1.6.1. Open Sources
- 1.6.2. Paid Databases
- 1.6.3. Associations
- 1.7. Primary Research
- 1.7.1. Primary Sources
- 1.7.2. Primary Interviews with Stakeholders across Ecosystem
- 2. Executive Summary
- 2.1. Global Material Handling Equipment Market Outlook
- 2.1.1. Material Handling Equipment Market Size (Value – US$ Bn), and Forecasts, 2021-2035
- 2.1.2. Compounded Annual Growth Rate Analysis
- 2.1.3. Growth Opportunity Analysis
- 2.1.4. Segmental Share Analysis
- 2.1.5. Geographical Share Analysis
- 2.2. Market Analysis and Facts
- 2.3. Supply-Demand Analysis
- 2.4. Competitive Benchmarking
- 2.5. Go-to- Market Strategy
- 2.5.1. Customer/ End-use Industry Assessment
- 2.5.2. Growth Opportunity Data, 2025-2035
- 2.5.2.1. Regional Data
- 2.5.2.2. Country Data
- 2.5.2.3. Segmental Data
- 2.5.3. Identification of Potential Market Spaces
- 2.5.4. GAP Analysis
- 2.5.5. Potential Attractive Price Points
- 2.5.6. Prevailing Market Risks & Challenges
- 2.5.7. Preferred Sales & Marketing Strategies
- 2.5.8. Key Recommendations and Analysis
- 2.5.9. A Way Forward
- 2.1. Global Material Handling Equipment Market Outlook
- 3. Industry Data and Premium Insights
- 3.1. Global Industrial Machinery Industry Overview, 2025
- 3.1.1. Industry Ecosystem Analysis
- 3.1.2. Key Trends for Industrial Machinery Industry
- 3.1.3. Regional Distribution for Industrial Machinery Industry
- 3.2. Supplier Customer Data
- 3.3. Technology Roadmap and Developments
- 3.4. Trade Analysis
- 3.4.1. Import & Export Analysis, 2025
- 3.4.2. Top Importing Countries
- 3.4.3. Top Exporting Countries
- 3.5. Trump Tariff Impact Analysis
- 3.5.1. Manufacturer
- 3.5.1.1. Based on the component & Raw material
- 3.5.2. Supply Chain
- 3.5.3. End Consumer
- 3.5.1. Manufacturer
- 3.6. Raw Material Analysis
- 3.1. Global Industrial Machinery Industry Overview, 2025
- 4. Market Overview
- 4.1. Market Dynamics
- 4.1.1. Drivers
- 4.1.1.1. Rapid growth of e-commerce and automated warehouses increasing demand for efficient material handling solutions
- 4.1.1.2. Rising adoption of robotics and automation in manufacturing and logistics operations
- 4.1.2. Restraints
- 4.1.2.1. High initial investment and maintenance costs for advanced material handling equipment
- 4.1.2.2. Safety concerns and regulatory compliance requirements restricting deployment in certain regions.
- 4.1.1. Drivers
- 4.2. Key Trend Analysis
- 4.3. Regulatory Framework
- 4.3.1. Key Regulations, Norms, and Subsidies, by Key Countries
- 4.3.2. Tariffs and Standards
- 4.3.3. Impact Analysis of Regulations on the Market
- 4.4. Value Chain Analysis
- 4.4.1. Raw Material & Component Suppliers
- 4.4.2. Material Handling Equipment Manufacturers
- 4.4.3. System Integrators
- 4.4.4. Distributors
- 4.4.5. End-users/ Customers
- 4.5. Cost Structure Analysis
- 4.5.1. Parameter’s Share for Cost Associated
- 4.5.2. COGP vs COGS
- 4.5.3. Profit Margin Analysis
- 4.6. Pricing Analysis
- 4.6.1. Regional Pricing Analysis
- 4.6.2. Segmental Pricing Trends
- 4.6.3. Factors Influencing Pricing
- 4.7. Porter’s Five Forces Analysis
- 4.8. PESTEL Analysis
- 4.9. Global Material Handling Equipment Market Demand
- 4.9.1. Historical Market Size - in Value (US$ Bn), 2021-2024
- 4.9.2. Current and Future Market Size - in Value (US$ Bn), 2025–2035
- 4.9.2.1. Y-o-Y Growth Trends
- 4.9.2.2. Absolute $ Opportunity Assessment
- 4.1. Market Dynamics
- 5. Competition Landscape
- 5.1. Competition structure
- 5.1.1. Fragmented v/s consolidated
- 5.2. Company Share Analysis, 2025
- 5.2.1. Global Company Market Share
- 5.2.2. By Region
- 5.2.2.1. North America
- 5.2.2.2. Europe
- 5.2.2.3. Asia Pacific
- 5.2.2.4. Middle East
- 5.2.2.5. Africa
- 5.2.2.6. South America
- 5.3. Product Comparison Matrix
- 5.3.1. Specifications
- 5.3.2. Market Positioning
- 5.3.3. Pricing
- 5.1. Competition structure
- 6. Global Material Handling Equipment Market Analysis, by Offering
- 6.1. Key Segment Analysis
- 6.2. Material Handling Equipment Market Size (Value - US$ Bn), Analysis, and Forecasts, by Offering, 2021-2035
- 6.2.1. Hardware
- 6.2.1.1. Automated Conveyors and Sortation Systems
- 6.2.1.2. Belt Conveyors
- 6.2.1.2.1. Roller Conveyors
- 6.2.1.2.2. Overhead Conveyors
- 6.2.1.2.3. Screw Conveyors
- 6.2.1.2.4. Others
- 6.2.1.3. Gantry Robots
- 6.2.1.4. Automated Storage and Retrieval System (ASRS)
- 6.2.1.4.1. 2-Way and 4-Way Shuttle
- 6.2.1.4.2. Unit-load and Mini-load
- 6.2.1.4.3. Carousel
- 6.2.1.4.3.1. Vertical Carousel
- 6.2.1.4.3.2. Horizontal Carousel
- 6.2.1.4.4. Vertical Lift Module
- 6.2.1.5. Palletizing/De-Automated Material Handlings
- 6.2.1.6. Autonomous Guided Vehicles (AGVs)
- 6.2.1.6.1. By Type
- 6.2.1.6.1.1. Tow Vehicles
- 6.2.1.6.1.2. Unit Load Carriers
- 6.2.1.6.1.3. Pallet Trucks
- 6.2.1.6.1.4. Assembly Line Vehicles
- 6.2.1.6.1.5. Forklift Trucks
- 6.2.1.6.1.6. Others
- 6.2.1.6.2. By Navigation Technology
- 6.2.1.6.2.1. Laser Guidance
- 6.2.1.6.2.2. Magnetic Guidance
- 6.2.1.6.2.3. Inductive Guidance
- 6.2.1.6.2.4. Optical Tape Guidance
- 6.2.1.6.2.5. Vision Guidance
- 6.2.1.6.2.6. Other Navigation Technologies
- 6.2.1.6.1. By Type
- 6.2.1.7. Autonomous Mobile Robots (AMR)
- 6.2.1.8. Order and Piece Picking Robots
- 6.2.1.9. Cranes
- 6.2.1.10. Others (RFID Scanners and Readers, etc.)
- 6.2.2. Software
- 6.2.2.1. WMS and WES
- 6.2.2.2. TMS
- 6.2.2.3. Automatic Identification and Data Capture (AIDC)
- 6.2.2.4. Others
- 6.2.3. Services
- 6.2.1. Hardware
- 7. Global Material Handling Equipment Market Analysis, by Package Type
- 7.1. Key Segment Analysis
- 7.2. Material Handling Equipment Market Size (Value - US$ Bn), Analysis, and Forecasts, by Package Type, 2021-2035
- 7.2.1. Pallet
- 7.2.2. Containers
- 7.2.3. Bin
- 7.2.4. Tote
- 7.2.5. Bulk Container
- 7.2.6. Cartons
- 7.2.7. Others (Dunnage, Utilizer, etc.)
- 8. Global Material Handling Equipment Market Analysis, by Industry Vertical
- 8.1. Key Segment Analysis
- 8.2. Material Handling Equipment Market Size (Value - US$ Bn), Analysis, and Forecasts, by Device Type, 2021-2035
- 8.2.1. Food & Beverage
- 8.2.1.1. Bakery
- 8.2.1.2. Food (dry)/Grocery
- 8.2.1.3. Beverage
- 8.2.1.4. Dairy
- 8.2.1.5. Convenience/Confectionary
- 8.2.1.6. Tobacco
- 8.2.1.7. Cold chain
- 8.2.2. Personal Care
- 8.2.3. Non-durable Goods
- 8.2.3.1. Paper
- 8.2.3.2. Tissue
- 8.2.3.3. Chemicals
- 8.2.4. Durable Good
- 8.2.5. Apparel
- 8.2.5.1. E-Commerce
- 8.2.5.2. Offline (Brick-mortar stores)
- 8.2.6. Pharmaceutical
- 8.2.7. Automotive
- 8.2.8. Retail
- 8.2.8.1. E-Commerce
- 8.2.8.2. Offline (Brick-mortar stores)
- 8.2.9. 3PL
- 8.2.10. Courier, Express and Parcel Services
- 8.2.11. Others (Airport Services, Healthcare, etc.)
- 8.2.1. Food & Beverage
- 9. Global Material Handling Equipment Market Analysis and Forecasts, by Region
- 9.1. Key Findings
- 9.2. Material Handling Equipment Market Size (Volume - Mn Units and Value - US$ Mn), Analysis, and Forecasts, by Region, 2021-2035
- 9.2.1. North America
- 9.2.2. Europe
- 9.2.3. Asia Pacific
- 9.2.4. Middle East
- 9.2.5. Africa
- 9.2.6. South America
- 10. North America Material Handling Equipment Market Analysis
- 10.1. Key Segment Analysis
- 10.2. Regional Snapshot
- 10.3. North America Material Handling Equipment Market Size Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 10.3.1. Offering
- 10.3.2. Package Type
- 10.3.3. Industry Vertical
- 10.3.4. Country
- 10.3.4.1. USA
- 10.3.4.2. Canada
- 10.3.4.3. Mexico
- 10.4. USA Material Handling Equipment Market
- 10.4.1. Country Segmental Analysis
- 10.4.2. Offering
- 10.4.3. Package Type
- 10.4.4. Industry Vertical
- 10.5. Canada Material Handling Equipment Market
- 10.5.1. Country Segmental Analysis
- 10.5.2. Offering
- 10.5.3. Package Type
- 10.5.4. Industry Vertical
- 10.6. Mexico Material Handling Equipment Market
- 10.6.1. Country Segmental Analysis
- 10.6.2. Offering
- 10.6.3. Package Type
- 10.6.4. Industry Vertical
- 11. Europe Material Handling Equipment Market Analysis
- 11.1. Key Segment Analysis
- 11.2. Regional Snapshot
- 11.3. Europe Material Handling Equipment Market Size (Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 11.3.1. Offering
- 11.3.2. Package Type
- 11.3.3. Industry Vertical
- 11.3.4. Country
- 11.3.4.1. Germany
- 11.3.4.2. United Kingdom
- 11.3.4.3. France
- 11.3.4.4. Italy
- 11.3.4.5. Spain
- 11.3.4.6. Netherlands
- 11.3.4.7. Nordic Countries
- 11.3.4.8. Poland
- 11.3.4.9. Russia & CIS
- 11.3.4.10. Rest of Europe
- 11.4. Germany Material Handling Equipment Market
- 11.4.1. Country Segmental Analysis
- 11.4.2. Offering
- 11.4.3. Package Type
- 11.4.4. Industry Vertical
- 11.5. United Kingdom Material Handling Equipment Market
- 11.5.1. Country Segmental Analysis
- 11.5.2. Offering
- 11.5.3. Package Type
- 11.5.4. Industry Vertical
- 11.6. France Material Handling Equipment Market
- 11.6.1. Country Segmental Analysis
- 11.6.2. Offering
- 11.6.3. Package Type
- 11.6.4. Industry Vertical
- 11.7. Italy Material Handling Equipment Market
- 11.7.1. Country Segmental Analysis
- 11.7.2. Offering
- 11.7.3. Package Type
- 11.7.4. Industry Vertical
- 11.8. Spain Material Handling Equipment Market
- 11.8.1. Country Segmental Analysis
- 11.8.2. Offering
- 11.8.3. Package Type
- 11.8.4. Industry Vertical
- 11.9. Netherlands Material Handling Equipment Market
- 11.9.1. Country Segmental Analysis
- 11.9.2. Offering
- 11.9.3. Package Type
- 11.9.4. Industry Vertical
- 11.10. Nordic Countries Material Handling Equipment Market
- 11.10.1. Country Segmental Analysis
- 11.10.2. Offering
- 11.10.3. Package Type
- 11.10.4. Industry Vertical
- 11.11. Poland Material Handling Equipment Market
- 11.11.1. Country Segmental Analysis
- 11.11.2. Offering
- 11.11.3. Package Type
- 11.11.4. Industry Vertical
- 11.12. Russia & CIS Material Handling Equipment Market
- 11.12.1. Country Segmental Analysis
- 11.12.2. Offering
- 11.12.3. Package Type
- 11.12.4. Industry Vertical
- 11.13. Rest of Europe Material Handling Equipment Market
- 11.13.1. Country Segmental Analysis
- 11.13.2. Offering
- 11.13.3. Package Type
- 11.13.4. Industry Vertical
- 12. Asia Pacific Material Handling Equipment Market Analysis
- 12.1. Key Segment Analysis
- 12.2. Regional Snapshot
- 12.3. East Asia Material Handling Equipment Market Size (Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 12.3.1. Offering
- 12.3.2. Package Type
- 12.3.3. Industry Vertical
- 12.3.4. Country
- 12.3.4.1. China
- 12.3.4.2. India
- 12.3.4.3. Japan
- 12.3.4.4. South Korea
- 12.3.4.5. Australia and New Zealand
- 12.3.4.6. Indonesia
- 12.3.4.7. Malaysia
- 12.3.4.8. Thailand
- 12.3.4.9. Vietnam
- 12.3.4.10. Rest of Asia Pacific
- 12.4. China Material Handling Equipment Market
- 12.4.1. Country Segmental Analysis
- 12.4.2. Offering
- 12.4.3. Package Type
- 12.4.4. Industry Vertical
- 12.5. India Material Handling Equipment Market
- 12.5.1. Country Segmental Analysis
- 12.5.2. Offering
- 12.5.3. Package Type
- 12.5.4. Industry Vertical
- 12.6. Japan Material Handling Equipment Market
- 12.6.1. Country Segmental Analysis
- 12.6.2. Offering
- 12.6.3. Package Type
- 12.6.4. Industry Vertical
- 12.7. South Korea Material Handling Equipment Market
- 12.7.1. Country Segmental Analysis
- 12.7.2. Offering
- 12.7.3. Package Type
- 12.7.4. Industry Vertical
- 12.8. Australia and New Zealand Material Handling Equipment Market
- 12.8.1. Country Segmental Analysis
- 12.8.2. Offering
- 12.8.3. Package Type
- 12.8.4. Industry Vertical
- 12.9. Indonesia Material Handling Equipment Market
- 12.9.1. Country Segmental Analysis
- 12.9.2. Offering
- 12.9.3. Package Type
- 12.9.4. Industry Vertical
- 12.10. Malaysia Material Handling Equipment Market
- 12.10.1. Country Segmental Analysis
- 12.10.2. Offering
- 12.10.3. Package Type
- 12.10.4. Industry Vertical
- 12.11. Thailand Material Handling Equipment Market
- 12.11.1. Country Segmental Analysis
- 12.11.2. Offering
- 12.11.3. Package Type
- 12.11.4. Industry Vertical
- 12.12. Vietnam Material Handling Equipment Market
- 12.12.1. Country Segmental Analysis
- 12.12.2. Offering
- 12.12.3. Package Type
- 12.12.4. Industry Vertical
- 12.13. Rest of Asia Pacific Material Handling Equipment Market
- 12.13.1. Country Segmental Analysis
- 12.13.2. Offering
- 12.13.3. Package Type
- 12.13.4. Industry Vertical
- 13. Middle East Material Handling Equipment Market Analysis
- 13.1. Key Segment Analysis
- 13.2. Regional Snapshot
- 13.3. Middle East Material Handling Equipment Market Size (Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 13.3.1. Offering
- 13.3.2. Package Type
- 13.3.3. Industry Vertical
- 13.3.4. Country
- 13.3.4.1. Turkey
- 13.3.4.2. UAE
- 13.3.4.3. Saudi Arabia
- 13.3.4.4. Israel
- 13.3.4.5. Rest of Middle East
- 13.4. Turkey Material Handling Equipment Market
- 13.4.1. Country Segmental Analysis
- 13.4.2. Offering
- 13.4.3. Package Type
- 13.4.4. Industry Vertical
- 13.5. UAE Material Handling Equipment Market
- 13.5.1. Country Segmental Analysis
- 13.5.2. Offering
- 13.5.3. Package Type
- 13.5.4. Industry Vertical
- 13.6. Saudi Arabia Material Handling Equipment Market
- 13.6.1. Country Segmental Analysis
- 13.6.2. Offering
- 13.6.3. Package Type
- 13.6.4. Industry Vertical
- 13.7. Israel Material Handling Equipment Market
- 13.7.1. Country Segmental Analysis
- 13.7.2. Offering
- 13.7.3. Package Type
- 13.7.4. Industry Vertical
- 13.8. Rest of Middle East Material Handling Equipment Market
- 13.8.1. Country Segmental Analysis
- 13.8.2. Offering
- 13.8.3. Package Type
- 13.8.4. Industry Vertical
- 14. Africa Material Handling Equipment Market Analysis
- 14.1. Key Segment Analysis
- 14.2. Regional Snapshot
- 14.3. Africa Material Handling Equipment Market Size (Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 14.3.1. Offering
- 14.3.2. Package Type
- 14.3.3. Industry Vertical
- 14.3.4. Country
- 14.3.4.1. South Africa
- 14.3.4.2. Egypt
- 14.3.4.3. Nigeria
- 14.3.4.4. Algeria
- 14.3.4.5. Rest of Africa
- 14.4. South Africa Material Handling Equipment Market
- 14.4.1. Country Segmental Analysis
- 14.4.2. Offering
- 14.4.3. Package Type
- 14.4.4. Industry Vertical
- 14.5. Egypt Material Handling Equipment Market
- 14.5.1. Country Segmental Analysis
- 14.5.2. Offering
- 14.5.3. Package Type
- 14.5.4. Industry Vertical
- 14.6. Nigeria Material Handling Equipment Market
- 14.6.1. Country Segmental Analysis
- 14.6.2. Offering
- 14.6.3. Package Type
- 14.6.4. Industry Vertical
- 14.7. Algeria Material Handling Equipment Market
- 14.7.1. Country Segmental Analysis
- 14.7.2. Offering
- 14.7.3. Package Type
- 14.7.4. Industry Vertical
- 14.8. Rest of Africa Material Handling Equipment Market
- 14.8.1. Country Segmental Analysis
- 14.8.2. Offering
- 14.8.3. Package Type
- 14.8.4. Industry Vertical
- 15. South America Material Handling Equipment Market Analysis
- 15.1. Key Segment Analysis
- 15.2. Regional Snapshot
- 15.3. Central and South Africa Material Handling Equipment Market Size (Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 15.3.1. Offering
- 15.3.2. Package Type
- 15.3.3. Industry Vertical
- 15.3.4. Country
- 15.3.4.1. Brazil
- 15.3.4.2. Argentina
- 15.3.4.3. Rest of South America
- 15.4. Brazil Material Handling Equipment Market
- 15.4.1. Country Segmental Analysis
- 15.4.2. Offering
- 15.4.3. Package Type
- 15.4.4. Industry Vertical
- 15.5. Argentina Material Handling Equipment Market
- 15.5.1. Country Segmental Analysis
- 15.5.2. Offering
- 15.5.3. Package Type
- 15.5.4. Industry Vertical
- 15.6. Rest of South America Material Handling Equipment Market
- 15.6.1. Country Segmental Analysis
- 15.6.2. Offering
- 15.6.3. Package Type
- 15.6.4. Industry Vertical
- 16. Key Players/ Company Profile
- 16.1. Addverb Technologies Private Limited
- 16.1.1. Company Details/ Overview
- 16.1.2. Company Financials
- 16.1.3. Key Customers and Competitors
- 16.1.4. Business/ Industry Portfolio
- 16.1.5. Product Portfolio/ Specification Details
- 16.1.6. Pricing Data
- 16.1.7. Strategic Overview
- 16.1.8. Recent Developments
- 16.2. Berkshire Grey
- 16.3. BEUMER GROUP
- 16.4. Blue Yonder Group, Inc.
- 16.5. Daifuku Co., Ltd.
- 16.6. Datalogic S.p.A.
- 16.7. Dematic
- 16.8. ELETTRIC80 S.P.A.
- 16.9. Fives Group
- 16.10. ForwardX Robotics
- 16.11. Geekplus Technology Co., Ltd.
- 16.12. GreyOrange
- 16.13. Hikrobot Technology Co., Ltd.
- 16.14. Honeywell International Inc.
- 16.15. Infor
- 16.16. inVia Robotics, Inc.
- 16.17. Jungheinrich AG
- 16.18. Kardex
- 16.19. Kindred, Inc.
- 16.20. KNAPP AG
- 16.21. KUKA AG
- 16.22. Manhattan Associates, Inc.
- 16.23. MHS Global
- 16.24. Mobile Industrial Robots
- 16.25. Murata Machinery, Ltd.
- 16.26. Oracle Corporation
- 16.27. plus one robotics
- 16.28. RightHand Robotics, Inc.
- 16.29. SAP
- 16.30. SCHAEFER SYSTEMS INTERNATIONAL PVT LTD
- 16.31. Shanghai Quicktron Intelligent Technology Co., Ltd
- 16.32. System Logistics S.p.A.
- 16.33. TGW Logistics Group
- 16.34. Trimble Inc.
- 16.35. Universal Robots
- 16.36. Vanderlande Industries B.V.
- 16.37. WITRON
- 16.38. Zebra Technologies Corp
- 16.39. Other Key Players
- 16.1. Addverb Technologies Private Limited
Note* - This is just tentative list of players. While providing the report, we will cover more number of players based on their revenue and share for each geography
Our research design integrates both demand-side and supply-side analysis through a balanced combination of primary and secondary research methodologies. By utilizing both bottom-up and top-down approaches alongside rigorous data triangulation methods, we deliver robust market intelligence that supports strategic decision-making.
MarketGenics' comprehensive research design framework ensures the delivery of accurate, reliable, and actionable market intelligence. Through the integration of multiple research approaches, rigorous validation processes, and expert analysis, we provide our clients with the insights needed to make informed strategic decisions and capitalize on market opportunities.
MarketGenics leverages a dedicated industry panel of experts and a comprehensive suite of paid databases to effectively collect, consolidate, and analyze market intelligence.
Our approach has consistently proven to be reliable and effective in generating accurate market insights, identifying key industry trends, and uncovering emerging business opportunities.
Through both primary and secondary research, we capture and analyze critical company-level data such as manufacturing footprints, including technical centers, R&D facilities, sales offices, and headquarters.
Our expert panel further enhances our ability to estimate market size for specific brands based on validated field-level intelligence.
Our data mining techniques incorporate both parametric and non-parametric methods, allowing for structured data collection, sorting, processing, and cleaning.
Demand projections are derived from large-scale data sets analyzed through proprietary algorithms, culminating in robust and reliable market sizing.
The bottom-up approach builds market estimates by starting with the smallest addressable market units and systematically aggregating them to create comprehensive market size projections.
This method begins with specific, granular data points and builds upward to create the complete market landscape.
Customer Analysis → Segmental Analysis → Geographical Analysis
The top-down approach starts with the broadest possible market data and systematically narrows it down through a series of filters and assumptions to arrive at specific market segments or opportunities.
This method begins with the big picture and works downward to increasingly specific market slices.
TAM → SAM → SOM
While analysing the market, we extensively study secondary sources, directories, and databases to identify and collect information useful for this technical, market-oriented, and commercial report. Secondary sources that we utilize are not only the public sources, but it is combination of Open Source, Associations, Paid Databases, MG Repository & Knowledgebase and Others.
- Company websites, annual reports, financial reports, broker reports, and investor presentations
- National government documents, statistical databases and reports
- News articles, press releases and web-casts specific to the companies operating in the market, Magazines, reports, and others
- We gather information from commercial data sources for deriving company specific data such as segmental revenue, share for geography, product revenue, and others
- Internal and external proprietary databases (industry-specific), relevant patent, and regulatory databases
- Governing Bodies, Government Organizations
- Relevant Authorities, Country-specific Associations for Industries
We also employ the model mapping approach to estimate the product level market data through the players product portfolio
Primary research/ interviews is vital in analyzing the market. Most of the cases involves paid primary interviews. Primary sources includes primary interviews through e-mail interactions, telephonic interviews, surveys as well as face-to-face interviews with the different stakeholders across the value chain including several industry experts.
| Type of Respondents | Number of Primaries |
|---|---|
| Tier 2/3 Suppliers | ~20 |
| Tier 1 Suppliers | ~25 |
| End-users | ~25 |
| Industry Expert/ Panel/ Consultant | ~30 |
| Total | ~100 |
MG Knowledgebase
• Repository of industry blog, newsletter and case studies
• Online platform covering detailed market reports, and company profiles
- Historical Trends – Past market patterns, cycles, and major events that shaped how markets behave over time. Understanding past trends helps predict future behavior.
- Industry Factors – Specific characteristics of the industry like structure, regulations, and innovation cycles that affect market dynamics.
- Macroeconomic Factors – Economic conditions like GDP growth, inflation, and employment rates that affect how much money people have to spend.
- Demographic Factors – Population characteristics like age, income, and location that determine who can buy your product.
- Technology Factors – How quickly people adopt new technology and how much technology infrastructure exists.
- Regulatory Factors – Government rules, laws, and policies that can help or restrict market growth.
- Competitive Factors – Analyzing competition structure such as degree of competition and bargaining power of buyers and suppliers.
Multiple Regression Analysis
- Identify and quantify factors that drive market changes
- Statistical modeling to establish relationships between market drivers and outcomes
Time Series Analysis – Seasonal Patterns
- Understand regular cyclical patterns in market demand
- Advanced statistical techniques to separate trend, seasonal, and irregular components
Time Series Analysis – Trend Analysis
- Identify underlying market growth patterns and momentum
- Statistical analysis of historical data to project future trends
Expert Opinion – Expert Interviews
- Gather deep industry insights and contextual understanding
- In-depth interviews with key industry stakeholders
Multi-Scenario Development
- Prepare for uncertainty by modeling different possible futures
- Creating optimistic, pessimistic, and most likely scenarios
Time Series Analysis – Moving Averages
- Sophisticated forecasting for complex time series data
- Auto-regressive integrated moving average models with seasonal components
Econometric Models
- Apply economic theory to market forecasting
- Sophisticated economic models that account for market interactions
Expert Opinion – Delphi Method
- Harness collective wisdom of industry experts
- Structured, multi-round expert consultation process
Monte Carlo Simulation
- Quantify uncertainty and probability distributions
- Thousands of simulations with varying input parameters
Our research framework is built upon the fundamental principle of validating market intelligence from both demand and supply perspectives. This dual-sided approach ensures comprehensive market understanding and reduces the risk of single-source bias.
Demand-Side Analysis: We understand end-user/application behavior, preferences, and market needs along with the penetration of the product for specific application.
Supply-Side Analysis: We estimate overall market revenue, analyze the segmental share along with industry capacity, competitive landscape, and market structure.
Data triangulation is a validation technique that uses multiple methods, sources, or perspectives to examine the same research question, thereby increasing the credibility and reliability of research findings. In market research, triangulation serves as a quality assurance mechanism that helps identify and minimize bias, validate assumptions, and ensure accuracy in market estimates.
- Data Source Triangulation – Using multiple data sources to examine the same phenomenon
- Methodological Triangulation – Using multiple research methods to study the same research question
- Investigator Triangulation – Using multiple researchers or analysts to examine the same data
- Theoretical Triangulation – Using multiple theoretical perspectives to interpret the same data
