Global demand for material handling products is forecast to climb 4.0 percent annually through 2016 to $123.6 billion. Opportunities will be best for sales of advanced equipment such as automated conveyors and automated guided vehicles. Among national markets, India and China will see the fastest gains.
This study analyzes the $101.4 billion global material handling product industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by product (e.g., industrial trucks and lifts; conveying equipment; hoists, cranes and monorails; automated storage/retrieval systems; AGVs), market (e.g., durable goods manufacturing, nondurable goods manufacturing), world region and for 24 major countries.
This study also considers market environment factors, details industry structure, evaluates company market share and profiles 43 industry participants, including Toyota Industries, KION Group and Cargotec.